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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. The final deliverable for that class was a 30-page business plan. We had multiple business plan competitions. The Business Plan is Dead.

Agile Everywhere

OnlyOnce

And that brings us to the subject of this post. check in frequently on progress. share feedback among team members and stakeholders. Stay tuned!

Agile 31

5 Ways Small Business Owners Can Improve Their Agility In The New Year

YoungUpstarts

Known events are possible to plan for in advance. The faster the identification and planning take place, the faster the translation to action.

Agile 41

No One Wins In Business Plan Competitions

Steve Blank

Last week one of the schools I teach at invited me to judge a business plan contest. Business Plan Versus Business Models.

Focus is important but so is agile thinking

Taffy Williams

Entrepreneurs must learn to balance two skills and know when to use them; a) Focus and, b) Agile Thinking. The same is true for business.

Agile 43

Lean Startups Need Business Planning Too

Up and Running

They say it gets in the way of the more agile and flexible lean startup process. In fact, it’s what a business plan shouldn’t be.

No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

With an out-of-this-world business plan. Business Plan Frozen in Time. It is death in a rapidly changing business.

The Mission Model Canvas – An Adapted Business Model Canvas for Mission-Driven Organizations

Steve Blank

In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue? —-. Funding?

Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

Best practices in software development started to move to agile development in the early 2000’s. Here’s how. Waterfall Development.

Agile 155

Is Your Business Plan a Roadmap or a Roadblock?

Fresh Inc.: The Staff Blog

That business plan you worked so hard on? It won’t be long before young entrepreneurs skip the business plan altogether.

Agile 21

The Business Model Canvas Gets Even Better – Value Proposition Design

Steve Blank

If you’re familiar with the Lean Startup you know that the Business Model Canvas is the tool to frame all the hypotheses of your startup.

Why Companies are Not Startups

Steve Blank

The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

And worse, even if someone does manage to start something new, our management structure has so many financial, legal and HR hurdles that every initiative needs to match our existing business financial metrics, processes and procedures. More agile competitors are starting to eat into our business. —-. That’s now changed.

Lean 119

When Hell Froze Over – in the Harvard Business Review

Steve Blank

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. ” Groucho Marx.

Managing Commitments in an Agile Team

SVPG

The past several articles have discussed the nature of Continuous Discovery and Dual-Track Agile. In this article I'd like to discuss another dimension of working effectively in an Agile environment, which is how we manage commitments. I've written earlier about this situation (see www.svpg.com/your-business-plan-is-wrong ).

Agile 15

The Lean LaunchPad Online

Steve Blank

Experienced entrepreneurs kept finding that no business plan survived first contact with customers. They’ve done an awesome job.

Lean 153

Search versus Execute

Steve Blank

When does a new venture focus on customer development and business models ? And when do business planning and execution come into play?

Search 153

10,000 Startups – Startup Weekend Next

Steve Blank

When you leave the class, you’ll know how to think about your startup in the now standard  “language” of the business model canvas.

Who Dares Wins – The 2nd Annual International Business Model Competition

Steve Blank

The Business Plan  ?- a roadmap for execution. The problem is that once a plan is written it’s static and assumes minimal new learning.

Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

When the teams exited the bootcamp, however, it was unclear which existing business unit should evaluate them. Read it first. Epilogue.

A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

We were positing that 20 years of teaching “how to write a business plan” might be obsolete. Startups, What if I was wrong? The Teams.

Lean 131

Stanford 2012 Lean LaunchPad Presentations – part 1 of 2

Steve Blank

The premise of the class is that startups, are not about executing a plan where the product, customers, channel are known.  Team EngineKites.

Lean 92

3 Factors leading to a valuable business

Taffy Williams

However, the ability to create a viable business requires knowing more than how to create a first class product that looks great and works well.

Why Startups are Agile and Opportunistic – Pivoting the Business Model

The Product Guy

Our current plan isn’t working. But at least you’d be executing your plan not ours. The Search for the Business Model. Summary.

Introducing Lean Planning: How to plan less and grow faster

Up and Running

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Lean Planning is born.

Lean 50

The Specification is Dead; Long Live the Specification

Instigator Blog

To draw a quick parallel, the same has happened (to a large extent) with business plans. They started out as big ass documents you’d write before doing anything practical / hands-on with your business. As quick as we want to release, as iteratively as we want to develop, there’s still merit in planning before doing.

Lean 61

Scientists Unleashed

Steve Blank

Our Lean LaunchPad class teaches scientists and engineers that starting a company is another research project that can be solved by an iterative process of hypotheses testing and experimentation built around the business model / customer development / agile development solution stack. Some men see things as they are and ask why.

3 Factors leading to a valuable business

Taffy Williams

However, the ability to create a viable business requires knowing more than how to create a first class product that looks great and works well.

Creating Startup Success – Customer Development + Business Model Design

Steve Blank

In previous posts I’ve talked about what the combination of Business Model Design, Customer Development and Agile Methodologies mean to startups and intrapreneurs in large companies; it’s the beginning of entrepreneurship as a science with its own rules and methodologies. link]. She posted her notes from the talk here.) link].

Thoughts on our three-speed economy and business planning in the 21st century

The Equity Kicker

One very interesting question which I don’t have an answer to yet is ‘how much planning is optimal in a creative economy company’?

The 47th (-46) International Business Model Competition

Steve Blank

The most visible step was the first  International Business Model Competition , hosted by the BYU Rollins Center for Entrepreneurship and Technology.

When Hell Froze Over – in the Harvard Business Review

Steve Blank

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. For decades this revered business magazine described management techniques that were developed in and were for large corporations –  offering more efficient and creative ways to execute existing business models.

Why Board Meetings Suck – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation.

Reinventing the Board Meeting – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation.

The Lean LaunchPad – Teaching Entrepreneurship as a Management Science

Steve Blank

Many entrepreneurship courses focus on teaching students “how to write a business plan.” What are the 9 parts of a business model? 

Wiki 36

The Lean LaunchPad at Stanford – The Final Presentations

Steve Blank

What really matters are the business model canvas diagrams in the body and appendix of each presentation. Syllabus is  here. This is the End.

Agile 19

Get Out of The Building – And Win $50,000

Steve Blank

Therefore the very foundations of teaching entrepreneurship should start with how to search for a business model. Albert Einstein. You can.

Agile 17

Reinventing the Board Meeting – Part 2 of 2 – Virtual Valley Ventures

Steve Blank

revolution has taken hold as customer development and agile engineering  reinvent the Startup  process. for a business model. Here’s how.

Nail the Customer Development Manifesto to the Wall

Steve Blank

for A  Repeatable and Scalable  Business Model. Pair Customer Development with Agile Development. Not All Startups Are Alike.

What’s A Startup? First Principles.

Steve Blank

Business Model. Ok, but what is a business model ? business model describes how your company creates, delivers and captures value.