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ITENN Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing ONE-PAGE LEAN STARTUP: A Problem Solving Canvas for Open Problem Finding & Solving Problem Space Solution Space

One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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"Extraordinarily Successful Organizations Begin Life as Lean Startup Projects" *** Eric Ries's book, "The Lean Startup", is an excellent book on how to develop startup projects under conditions of great uncertainty; in other words, lean startup projects. Traditional summaries of "The Lean Startup" are in a linear list form. This presentation organizes parts ("Vision"; "Steer"; "Accelerate") and chapters of Eric Ries's book, "The Lean Startup," in the form of a visual model that is called "One-Page Lean Startup." In addition, Eric Ries's phases of "Steer" and "Accelerate" are presented on an S-Curve that illustrates how successful startups evolve. The One-Page Visual Model of Eric Ries's book, "The Lean Startup," can be used as a visual checklist to explain as well as facilitate application of the Lean Startup methodology.

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Page 1: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP: A Problem Solving Canvas for Open Problem Finding & Solving

Problem Space

Solution Space

Page 2: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP (4 Improvement/Disruption Questions)

Problem Space What system to improve/disrupt?

Solution Space

The 4 Disruption Questions Why improve/disrupt system? What system to improve/disrupt? What system to improve/disrupt to? How best to improve/disrupt system?

Page 3: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP FOR SYSTEM IMPROVEMENT/DISRUPTION Problem Space

What system to improve/disrupt?

Solution Space

What system

to improve/disrupt?

Present System

What system

to improve/disrupt to?

Future System Short Term Medium Term Long Term

How best to

improve/disrupt system?

Process/Strategy

Why improve/disrupt

system?

Goal/Vision/Mission

Constraints/Trade-offs

Page 4: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP FOR CUSTOMER EXPERIENCE IMPROVEMENT/DISRUPTION

Problem Space What customer experience to improve/disrupt?

Solution Space

What customer experience

to improve/disrupt?

Present Customer XP

What customer experience

to improve/disrupt to?

Future Customer XP Short Term Medium Term Long Term

How best to

improve/disrupt customer experience?

Process/Strategy

Why improve/disrupt

customer experience?

Goal/Vision/Mission

Constraints/Trade-offs

Page 5: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP FOR CUSTOMER EXPERIENCE IMPROVEMENT/DISRUPTION

Problem Space What customer experience to improve/disrupt?

Solution Space

What customer experience

to improve/disrupt?

Present Customer XP Customer Ecosystem (Market/Segment) Job To Be Done/ Goal/Workflow Tool or Means (Product/Service/ Brand/Bus. Model/ Bus. Ecosystem) Outcome/Result Customer Experi- ence (Delight/Pain)

What customer experience

to improve/disrupt to?

Future Customer XP Customer Ecosystem (Market/Segment) Job To Be Done/ Goal/Workflow Tool or Means (Product/Service/ Brand/Bus. Model/ Bus. Ecosystem) Outcome/Result Customer Experi- ence (Delight/Pain)

How best to

improve/disrupt customer experience?

Process/Strategy Customer Develop- ment Business Model Mapping/Inno’ Lean Startup (Agile) Trends (PESTLIED) Competitive Strat. Disruptive Innova- tion Strategy Blue Ocean Strategy Creative Strategy TRIZ; CPS; ToC; VDD

Why improve/disrupt

customer experience?

Goal/Vision/Mission Shared Value Profit Revenue (Streams) Cost (Structure) Delight (+) Pain (-) Ideal Final Result (IFR) Ultimate Leap of Faith (LoF) Other Success Criteria (Metrics)

(Systematic Checklist)

Page 6: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP FOR BUSINESS MODEL IMPROVEMENT/DISRUPTION

Problem Space What business model to improve/disrupt?

Solution Space

What business model

to improve/disrupt?

Present Bus. Model

What business model

to improve/disrupt to?

Future Bus. Model Short Term Medium Term Long Term

How best to

improve/disrupt business model?

Process/Strategy

Why improve/disrupt business model?

Goal/Vision/Mission

Constraints/Trade-offs

Page 7: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP FOR BUSINESS MODEL IMPROVEMENT/DISRUPTION

Problem Space What business model to improve/disrupt?

Solution Space

What business model

to improve/disrupt?

Present Bus. Model

What business model

to improve/disrupt to?

Future Bus. Model Short Term Medium Term Long Term

How best to

improve/disrupt business model?

Process/Strategy Customer Develop- ment Business Model Mapping/Inno’ Lean Startup (Agile) Trends (PESTLIED) Competitive Strat. Disruptive Innova- tion Strategy Blue Ocean Strategy Creative Strategy TRIZ; CPS; ToC; VDD

Why improve/disrupt business model?

Goal/Vision/Mission

Constraints/Trade-offs

(Annotated)

Page 8: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP (4 Bus. Disruption Questions)

Problem Space What system (product/service; brand; business model; ecosystem) to disrupt?

Solution Space

The 4 Business Disruption Questions Why disrupt system (product/service; brand; business model; ecosystem)? What system (product/service; brand; business model; ecosystem) to disrupt? What system (product/service; brand; business model; ecosystem) to disrupt to? How best to disrupt system (product/service; brand; business model; ecosystem)?

Page 9: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP (The 2 Mantras)

Problem Space “Get Out Of The Building”

Solution Space “Build-Measure-Learn”

Page 10: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP: A Problem Solving Canvas for Open Problem Finding & Solving

Problem Space CUSTOMER TRADE-OFF DISCOVERY, DIAGNOSIS, AND VALIDATION

Solution Space AGILE PRODUCT/SERVICE (Ecosystem/Business Model) INNOVATION

Page 11: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

SHARED DREAM/ VISION

- Start - Define - Learn - Experiment Elimination of Big Urgent Market Problems (BUMPs)

ONE-PAGE LEAN STARTUP (Ries’s LS Methodology)

CUSTOMER/CLIENT: ………………………………………………………………………………… Date:……………………………………

PAIN/PROBLEM/TRADE-OFF/GOAL/NEED/JOB: ………………………………………………………………………………………………………………………

Present Past Future

MEANS (TOOL: What? How? Resources: People/Culture-Process/Strategy-Product/Service) (Iteratively Develop Natural, Planned, and/or Disruptive Customer Ecosystem)

STEER: “BUILD-MEASURE-LEARN” VALIDATED LEARNING LOOP

- Leap (Big Problem; Vision/Hypotheses/Value (Proposition))

- Test (Criteria for Problem; Minimum Viable Product(MVP))

- Measure (Actionable Metrics for Customer Growth)

- Pivot (or Persevere) (Strategy/Business Model/Customer Ecosystem)

ACCELERATE: LAUNCH-SCALE

- Batch (Size/Version; Time/Cycle)

- Grow (Engines of Customer Growth)

- Adapt (Adaptive Org./5 Whys)

- Innovate (Disruptive Inno.)

Unique Summary and Visual Model of Eric Ries’s Book, “The Lean Startup”

END (Value/ Why?)

Page 12: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

4 Phases of a Successful Lean Startup or Business Model Cycle (The Lean Startup Journey: Evolutionary Hypotheses vs. Reality)

Infancy (Prototype)

Time

Cu

sto

mer

Exp

erie

nce

, Hap

pin

ess,

or

Val

ue

= D

elig

ht/

Pain

Growth (Optimize)

Maturity (Scale)

Renewal (Renew)

Chasm (Traction; Tipping Point;

Product-Market Fit)

Fault (Line)

ONE-PAGE LEAN STARTUP (Lean Startup Journey)

CUSTOMER/CLIENT: ………………………………………………………………………………… Date:……………………………………

PAIN/PROBLEM/TRADE-OFF/GOAL/NEED/JOB: …………………………………………………………………………………………………………

Present Past Future

Traditional/Hypothetical Ecosystem Demand (Market, Industry, Enterprise, or Technology)

SHARED DREAM/ VISION:

Ideal Final Result (IFR)

Requirements for

Insanely Great Customer

Experience

Angel Funding (Up to $100,000)

Seed Funding ($100,000-$1M)

Venture Funding ($1M-$5M)

Page 13: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

“VISIONARY” ONE-PAGE LEAN STARTUP

CUSTOMER/CLIENT: ………………………………………………………………………………… Date:……………………………………

PAIN/PROBLEM/TRADE-OFF/GOAL/NEED/JOB: …………………………………………………………………………………………………………

Present Past Future

INTERNAL/EXTERNAL MEANS (TOOL) (Resources: People/Culture-Process/Strategy-Product/Service)

SHARED DREAM/ VISION

END (Value)

Prototype (Build) - Measure Learn

Page 14: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP (Perf. Management)

CUSTOMER TRADE-OFF DASHBOARD (Aspiration Map)

ECOSYSTEM DASHBOARD (SEMPORCES Dashboard/

Business DNA Map/ MegaMarketing Model)

Present Past Future

Page 15: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP

CUSTOMER TRADE-OFF DASHBOARD

ECOSYSTEM DASHBOARD

Present Past Future

CUSTOMER PERSONA, TRADE-OFF, AND PAIN Hypotheses/Scenario/Story

VALUE CREATION (VISION/EXPERIENCE/PROFIT) Hypotheses/Scenario/Story

CUSTOMER GROWTH (MARKET)

Hypotheses/Scenario/Story

PRODUCT (VALUE PROPOSITION)

Hypotheses/Scenario/Story

Page 16: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENN

Copyright 2012. Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

ONE-PAGE LEAN STARTUP

Solution Space (Established/Unestablished)

Present Past Future

Problem Space (Established/Unestablished)

Page 17: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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4 APPLICATIONS OF THE TOOL OF ONE-PAGE LEAN STARTUP

Open Problem Finding & Solving: What way or domain is your focus?

“SOLUTION SPACE” (Product) “PROBLEM SPACE” (Market)

Established Solution (Established Product/Service/ Tool/Technology)

Unestablished Solution (Unestablished Product/ Service/Tool)

Established Problem (Established Market/BUMP/Job/ Need)

ESTABLISHED BUSINESS Established Market (Problem) Established Solution (Product/Service/Technology)

“Six Sigma Way”/“Red Ocean Way”/

”Business Planning Way”

ESTABLISHED PROBLEM (Market) SEARCHING FOR UNESTABLISHED SOLUTION (Product/Service/Technology)

“Harvard Business School (HBS) Way”/“Market Planning Way”

Unestablished Problem (Unestablished Market/BUMP/Job/ Need)

ESTABLISHED SOLUTION (Product/Service/Technology) SEARCHING FOR UNESTABLISHED PROBLEM (Market)

“MIT University Way”/ “Product (Technology) Planning

Way”

Classic LEAN STARTUP Unestablished Problem (Market) Unestablished Solution (Product/Service/Technology)

“Stanford University (SU) Way”/

“Lean Startup Way”/ “Blue Ocean Way”/

“Business Model Way”

(-): Product Risk

(+):

Mar

ket

Pre

dic

tab

ility

3

1 2

4

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Page 18: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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A Solution or Scientific Law

Is

An Unfalsifiable Hypothesis,

An Unfalsifiable Value Proposition,

Or

An Unfalsifiable Strategy

WHAT IS A SOLUTION?

Vision; Leap Of Faith; ‘Hallucination’

Page 19: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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A Hypothesis, Proposal, or Plan

Is A Speculation or ‘Guesstimate’

That is Unestablished

But

Testable And Falsifiable

WHAT IS A HYPOTHESIS?

Testable and Falsifiable Speculation (‘Guesstimate’)

Page 20: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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A Fact

Is Established in Physical Reality

And

Can Independently Be Confirmed

To Exist

By a Consensus of Diverse Minds

WHAT IS A FACT?

Evidence or Consensus Reality: Past and Present

Page 21: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

ITENNWH

Our Vision Is For

The Tool Of “One-Page Lean Startup”

To Reach 2 Billion Innovators in 5 Years

Thanks For Helping Us Achieve That Vision

SHARE WITH 9 COLLEAGUES. VDD University for Lean Startup Project Management Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

WE NEED YOUR HELP GIANT Leap of Faith

Page 22: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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What Do You Consider As Obstacles or Constraints For

The Tool Of “One-Page Lean Startup”

To Reach 2 Billion Innovators in 5 Years?

Thanks

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WE NEED YOUR HELP

Page 23: One-Page Visual Model of Eric Ries's Book, "The Lean Startup": A Visual Checklist

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What Are

Your Ideas and Suggestions For

Improving The Tool Of

“One-Page Lean Startup”

Join Us At VDD University for Lean Startup Project Management

SHARE WITH 9 COLLEAGUES. VDD University for Lean Startup Project Management Dr. Rod King. [email protected] & http://businessmodels.ning.com & http://twitter.com/RodKuhnKing

WE NEED YOUR HELP