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Lean Startup for Project Management

Avatar for fdebane fdebane
January 07, 2020

Lean Startup for Project Management

Avatar for fdebane

fdebane

January 07, 2020

Other Decks in Business

Transcript

  1. 2 mins Exercice You are launching a new business Selling

    customizable jewellery online What would you do in the first month?
  2. How Startup were built Start with an Idea Write Business

    Plan Raise $$ Hire the best Build an exceptional product Marketing 90% chance to fail
  3. Successfully executing a bad plan Achieving Failure Does Budget, Time,

    Quality matter? Do business plans kill companies?
  4. WebVan • Focused on scale and execution • When they

    should make sure there is market Zappos • started by validating the need
  5. 1. Do customers want it ? 2. Can we do

    it? 3. Should we do it? Where risks are?
  6. Customer Perspective - Experiments Design MVPs Interviews Optimise for Speed

    - Focus Reduced Perimeter Validated learning Learn - Canvas Assumption Mapping Feedback Loop 3 Lean Startup Principles
  7. 3 Lean Startup Essential Tools Canvas Document your Plan A

    Assumption Mapping Identify risk Feedback Loop Test and Learn
  8. Learn if your assumption is true of false True: move

    on to the next riskiest assumption False: review your hypotheses / pivot Select the riskiest assumption Build an experiment or MVP to test this assumption on the market. Measure customer behaviours during that experiment Feedback Loop
  9. Sign-up ratio is high. People are interested. What is our

    next riskiest assumption now? People want to share files across devices. Video that explain the concept of DropBox with a signup landing page. % of signup on the visitor on the landing page by TangoStart.com for Schneider Electric
  10. Systematically testing your PLAN Document your Plan A Identify the

    riskiest part of your plan Systematically test each risk
  11. Key Hypothesis to Test Do customers want it ? Can

    we build it? Should we build it?
  12. Steps of Growth 1.Identify unserved customer need 2.Test a value

    proposition (at on a few customers) 3.Build and Test an MVP to deliver value 4.Validate retention 5.Test Channels, Pricing and Growth Engines 6. Scale: industrialize production, invest in technology, sales, process, optimise
  13. Testing your idea : ‍♂ Real users Little Capital Limited

    Risk ⛔ No Design No Product ⚡ As fast as possible
  14. 4 Advices to myself as young Project Manager 1. Question

    the requirements 2. Challenge the solution 3. Propose a version earlier with limited risk and budget 4. Don’t separate building from customer success