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HADI cycles, Lean startup

Hypothesis Action Data Insight cycles, Lean Startup

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Page 1: Hypothesis Action Data Insight cycles, Lean Startup

HADI cycles, Lean startup

Page 2: Hypothesis Action Data Insight cycles, Lean Startup

[email protected]@alex_sukhanov

Alexander Sukhanov

Page 3: Hypothesis Action Data Insight cycles, Lean Startup

Child asks "why" all the time to understand the rules of this world.

Not just to know what to do and not to.

Page 4: Hypothesis Action Data Insight cycles, Lean Startup

Sometimes someone with authority uses

"Because I said so"

as an answer.

Page 5: Hypothesis Action Data Insight cycles, Lean Startup

"Because I said so"

most of the time is wrong

Page 6: Hypothesis Action Data Insight cycles, Lean Startup

"Because I said so"

some of the time is many generations old

Page 7: Hypothesis Action Data Insight cycles, Lean Startup

Imagine this process would happen in science

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To use such reasoning for your actions is illogical, risky and it invites failure.

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"Because I said so" transforms into Conventional wisdom.

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Conventional wisdom is always outdated

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The only way to make progress is to use logics and independent thinking, and to base it on observations

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That's what science does

Page 20: Hypothesis Action Data Insight cycles, Lean Startup

Scientific approach p.1

• Make observations• Formulate a hypothesis• Design an experiment to test the hypothesis• State the indicators to evaluate if the

experiment has succeeded• Conduct the experiment• Evaluate the results of the experiment

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Scientific approach p.2

• Accept or reject the hypothesis• If necessary, make and test a new hypothesis

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We can use scientific approach to our business and life

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HADI cycle aka

that thing that scientists do

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HADI cycle

• Hypothesis– Pick a KPI– Make an assumption

• Action– Make an experiment

• Data• Insight

Repeat all the time

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Strong Hypothesis

• Testable• Precise• Could be learned from no matter what results

you get

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HADI cycle is a heart of Lean Startup

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1. Eliminate uncertainty

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2. Work smarter not harder

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Should this product be build?

Can this product be build?

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Can we build a sustainable business around this set of products and services?

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3. Develop an MVP (minimum viable product)

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4. Validated learning

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Thank you!