everywhere • Innovation is more important than ever to survive in todays business • Startup methods and technics can help everybody to increase innovation
sessions • We start with a little update from your projects • Theoretical input from me • Work in Breakout rooms • Input for work until the next meeting
your product • How well did you adopt the concepts of the course • Did you really validate your ideas and hypotheses • How well did you use the strength of your team
T O R I N G Toyota (Taiichi Ohno & Shigeo Shingo) 1960 • American companies use latest mass production techniques • Shrinking of batch sizes • Just in time production • Inventory control
T O R I N G Toyota (Taiichi Ohno & Shigeo Shingo) 1960 • American companies use latest mass production techniques • Shrinking of batch sizes • Just in time production • Inventory control => Reduce waste and increase reaction time
M A L L C O M PA N Y S TA RT U P S M A L L C O M PA N Y Success criteria • Business Model found • Profitable business • Existing Team • < $1 million in revenue 9 9 . 7 %
A R G E C O M PA N Y S TA RT U P L A R G E C O M PA N Y Success criteria • Business Model found • Total available market > $500 M • Can grow to > $100 M
A R G E C O M PA N Y S TA RT U P L A R G E C O M PA N Y A startup is the organisation used to search for a scalable business model • customer needs/product features • Business Model • Repeatable sales model
X E C U T I O N S E A R C H E X E C U T I O N S T R AT E G Y B U S I N E S S M O D E L H Y P O T H E S E S O P E R A T I N G P L A N & F I N A N C I A L F O R E C A S T P R O C E S S C U S T O M E R D E V E L O P M E N T A G I L E D E V E L O P M E N T P R O D U C T M A N A G E M E N T A G I L E O R WA T E R FA L L O R G A N I S AT I O N C U S T O M E R D E V E L O P M E N T T E A M , F O U N D E R D R I V E N F U N C T I O N A L O R G A N I S A T I O N B Y D E PA R T M E N T
companies have ugly, old websites Its hard for people to find a good craftsman Bring both together: https://about.me/ for craftsmen Search engine for the pages
! Many people are good at something special Even more people want to learn new stuff Some people have an office space or a room that is unused at certain times => Bring together teachers, learners and renters
E S I S Tests whether a product or service really delivers value to customers What drives the customer to want to buy or use your product or service? What is the value that people will get from the thing you build?
G I want you to work on your value hypothesis Startups use a tool named „value proposition canvas“ Research the tool and use it to present us next time: Your idea Your team Your value proposition