Five reasons you must adapt Lean Start up in your established organization?

Karunesh Prasad

  You are a large corporation. You have presence in all geographies; multiple products and you have grown continuously over last many years. Is Lean Startup for you ?  

  Yes, Lean Start up is not only for Start Ups. You can apply Lean start up principles in your established and large organization and get some significant results.

Most obvious, your organization is creating new products or reaching new markets. Reduce the cycle time, seek customer feedback faster and reduce waste.

Reason 1

You are working on new processes and want to make sure you deploy a customer validated process for better results. Apply Lean Startup for continuous feedback and validation.

Reason 2

You are part of a large organization and need to bring in speed and agility in to your system. Your five year projection may not take you far, but speed to adapt in this uncertain environment will take you a long way.

Reason 3

You don't want to spend too much money but keen to promote innovation in your organization. Don’t waste your money.

Reason 4

And finally my favorite …. You are about to deploy that cool new digitized system but very concerned about its success and adaption.

Reason 5

What is Lean Startup? Methodology guided by Lean manufacturing principles and Agile methodology

It is a set of tools, principles and behaviors which helps in becoming more competitive and drive growth. It reduces time-to-market, learn quickly from customer feedback and take action in the direction where feedback points.

Idea

Build

Product

Measure

Data

Learn

Minimize TOTAL time

through the loop

Lean Startup methodology helps to eliminate uncertainty

Lean StartUp

Benefits: ! Through out the process you have clear visibility of

where you are going - you stay focused ! Indicates sooner that it’s time to make changes to

strategy hence less waste of time & money ! By the time product is ready to be distributed

widely, it will already have established customers ! Process created through Lean StartUp will be ready

- tried & tested

Speed

Flexibility

Innovation

Customer Focus

Eliminate Uncertainty

Lean Startup’s Focus

How can we help ?

We Coach team through out the

cycle for Accelerated execution

Coaching

We provide Lean StartUp

training to get team aligned

Training

End-to-end Project Management using Lean Startup tools & principles facilitated by our Experts

– Onsite and Offsite Project Management

G E l a u n c h e d a f r a m e w o r k c a l l e d ‘FastWorks’ built on Lean Startup to align m o r e c l o s e l y w i t h customers needs and execution speed for quick deliverables. I t ’s b e i n g u s e d i n manufacturing since GE and others believe that rapid learning cycles with customers will reduce the r i s k t h at yo u b u i ld something you can’t sell.

Dropbox started iterating their product in order to test what customers really wanted, early and often. U s i ng L ean S t ar t u p principles, in just 15 months, Dropbox went form 100,000 registered users to over 4,000,000.

Z a p p o s ’ f o u n d e r envisioned a superior retail experience and s t a r t e d w i t h a n Experiment to test his hypothesis followed by validated learning. In 2009 Zappos was acquired by the e-c o m m e r c e g i a n t Amazon .com fo r a reported $1.2 billion.

Lean StartUp for better, faster execution and business decisions…

All images / information are courtesy www.theleanstartup.com"

Contact Details!

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Karunesh Prasad is Founder and CEO of Change Et Al. He consults in the area of change management and has been working on Lean Start up for last many years. You can reach him on karunesh.prasad@changetal.com

!Website: www.changetal.com

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Many images are courtesy Google Images