Steve Blank

JUNE 26, 2015

—– Lean Innovation Management. Each horizon requires different focus, different management, different tools and different goals. To move innovation faster, we now have 21 st century tools — Business Model Canvas , Customer Development , Agile Engineering – all adding up to a Lean Startup. Here’s how.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Massive liquidity awaited the first movers to the IPO’s, and that’s how they managed their portfolios. The result? Carpe Diem – Seize the Cash.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

MARCH 22, 2023

Jeff Bezos now manages Amazon, which encompasses over 40 subsidiaries and operates worldwide. The return and satisfaction were greater than the cost. Bezos believes that if you double the number of experiments you do per year, you’re going to double your agility, and thus grow the business more rapidly.

Metrics 279

Metrics Startup Agile Salary 279

ReadWriteStart

JANUARY 25, 2021

But this is a minor change compared to the next generation of workforce management. Today’s HR departments and organizations rely on HR software like Rippling to handle things like payroll, benefits management, and employee device management. In the future, this is going to become an even bigger priority.

Artificial Inteligence 150

Artificial Inteligence Algorithm Retention Software Review 150

Steve Blank

MARCH 31, 2014

But the world you lead will be much different from the one your professors knew or your predecessors managed. Yet in the face of all this change, traditional firms continue to embrace a management ethos that values efficiency over innovation. To manage these employees companies create metrics to control, measure and reward execution.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

YoungUpstarts

DECEMBER 14, 2017

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Polarization is a common problem for companies trying to make smart and agile strategic decisions. Manage the risks as you implement. In our age of disruption, you must be agile and courageous.

Agile 113

Agile Malaysia Technical Review Metrics 113

ReadWriteStart

APRIL 5, 2021

Similarly, many new businesses emerging in the modern world begin with a remote work model; it makes financial sense for young, cash-strapped businesses to save money and remain agile. This is tricky to pull off in practice, since you’ll essentially be managing multiple instances of your business simultaneously. Ongoing office costs.

Startup 120

Startup Security Operations Agile 120

Startup Professionals Musings

NOVEMBER 16, 2022

No company can afford to lose the agility, flexibility, and innovation of a startup. Metrics and observations while running the existing business become the primary basis for future projections. Through cost-cutting and highly-specialized hiring, firms unintentionally weed out the capacity to innovate and adapt to change.

Leadership 301

Leadership Agile Metrics Cost 301

YoungUpstarts

APRIL 21, 2013

Through rapid experimentation, short product development cycles, and rigorous measurements of the right metrics, they can ascertain what customers really want. Customer development (the understanding of customer needs) must be married to agile development (a process which drives waste out of product development).

Lean 193

Lean Technical Review North America Startup 193

Startup Lessons Learned

OCTOBER 20, 2008

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. This engineering manager is a smart guy, and very experienced.

Software Review 164

Software Review Engineer Management Technical Review 164

The Startup Magazine

APRIL 29, 2018

Automation in IT helps in mitigating the IT operations risk, reducing costs, improving standards enforcement. The IT process automation should be the primary step in IT operations management, organizational designs, investments and supports. Non-standardization of IT architectures hinders the achievement of cost-effective.

Operations 65

Operations Architecture Cost Technical Review 65

Startup Professionals Musings

AUGUST 27, 2023

To achieve success in your business despite today’s volatile global markets , you and your team must have a mindset that goes beyond the traditional strategies of repeatable processes and lower costs. Measure progress through metrics on sales, revenue, and penetration. Seek customer feedback on ways to improve value and satisfaction.

Agile 229

Agile Leadership Global Distribution 229

Hearpreneur

DECEMBER 29, 2021

As a result of the pandemic, not everyone has managed to hold onto their work. What we offer is a way for employees to feel appreciated at work as well as a way for managers to easily recognize and engage with their employees, both of which are incredibly important in the workplace. It's important to keep business agile.

Entrepreneur 138

Entrepreneur Social Media Employee Los Angeles 138

Startup Professionals Musings

FEBRUARY 16, 2020

No company can afford to lose the agility, flexibility, and innovation of a startup. Metrics and observations while running the existing business become the primary basis for future projections. Through cost-cutting and highly-specialized hiring, firms unintentionally weed out the capacity to innovate and adapt to change.

Startup 321

Startup Leadership Agile Metrics 321

Steve Blank

APRIL 21, 2011

All the teams were showing us what agile looked like, but this week several would remind us what focused and relentless really meant. Veritas , the team building a low cost residential wind turbine. Should they look at the Document Management market? Parts one through five are here , Syllabus is here. Next was D.C.

Channel 215

Channel Artificial Inteligence San Francisco Business Model 215

ConversionXL

JULY 3, 2020

Product manager objective: Evaluate new feature ideas. The goal tree becomes hard to manage after that point.). You also need metrics on cart abandonment and purchase rates of those who saw your test idea and those who didn’t. Consider any costs involved weighted against the business value associated with the requirements.

Technical Review 107

Technical Review Software Review API Analytics 107

Startup Professionals Musings

MAY 4, 2020

Define success metrics, and measure progress regularly. Most people like a weekly schedule, where they can see reports, predict management appearances and decisions, and feel in control of the business. If you tell me that you have been working on your startup for two years, but can’t quite quantify the progress, I’m not impressed.

Advisory Board 308

Advisory Board Agile Social Media Metrics 308

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. So far, I have found "lean startup" works better with the entrepreneurs Ive talked to than "agile startup" or even "extreme startup.") Of course, many startups are capital efficient and generally frugal.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

TechEmpower

FEBRUARY 13, 2013

Focusing on the metrics that ultimately drive the business, often the bottom line, has provided a reality check, a counter-weight to the desire to consume all new technologies. A site with a million users is much easier to manage today than it was in 2000. It's a fun and funny business to be in. Those requests had better be worth it!

Guinea 200

Guinea Application Development Ruby Web Development 200

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. They measure their success on metrics that reflect success in execution, and they reward execution.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) This Stanford class will introduce management tools for entrepreneurs. We’ll build the class around the business model / customer development / agile development solution stack.

Wiki 311

Wiki Lean Management Business Model 311

Women Entrepreneurs Can

MARCH 18, 2024

In finance, for example, ERPs deliver real-time insights into costs and performance, fine-tuning budgeting and forecasting. In supply chain management, an ERP can be pivotal in optimizing stock levels, reducing warehousing costs, and improving customer satisfaction through timely delivery.

Artificial Inteligence 52

Artificial Inteligence Cloud Agile Operations 52

Startup Lessons Learned

SEPTEMBER 2, 2008

We wanted an agile approach that would allow us to build our software architecture as we needed it, without downtime, but also without large amounts of up-front cost. You can also download our presentation, " Just-In-Time Scalability: Agile Methods to Support Massive Growth." Expo SF (May.

San Francisco 94

San Francisco Continuous Deployment Agile Lean 94

Startup Lessons Learned

MARCH 25, 2010

You can view previous essays in this series here: Is Entrepreneurship a Management Science? Two Ways to Hold Entrepreneurs Accountable Beware of Vanity Metrics For Startups, How Much Process Is Too Much? You can view previous essays in this series here: Is Entrepreneurship a Management Science? Are we going too fast?

Software Review 141

Software Review San Francisco Lean Continuous Deployment 141

ConversionXL

MAY 22, 2017

As we collect more and more data, it’s becoming increasingly hard to piece together and manage that data, and more importantly, to use that data in real-time to build better campaigns. Contact Management: The Beginning. launched a contact management software. A Brief History of Marketing Technology Software.

Customer 92

Customer Marketing Artificial Inteligence Clickthrough 92

Startup Lessons Learned

SEPTEMBER 7, 2008

In addition to presenting the IMVU case, we tried for the first time to do an overview of a software engineering methodology that integrates practices from agile software development with Steves method of Customer Development. Ive attempted to embed the relevant slides below. What about a hardware business with some long-lead-time components?

Customer Development 131

Customer Development Engineer San Francisco Developer 131

Startup Lessons Learned

NOVEMBER 4, 2008

Boyd emphasized the importance of agility in combat: "the key to victory is to be able to create situations wherein one can make appropriate decisions more quickly than ones opponent." Lean startups have the ability to use this commodity stack to lower costs and, more importantly, reduce time to market. Agile software development.

Lean 102

Lean San Francisco Agile Continuous Deployment 102

Startup Lessons Learned

NOVEMBER 7, 2008

We had endless arguments internally about what features it should include, how the avatars should look, and how much it should cost. Just load them all in and choose a low cost-per-click. Seems like a fairly low-cost method of gauging customer interest for a would-be product. We finally settled on a $1.99 I used to use $.05,

Demand 167

Demand San Francisco Lean Continuous Deployment 167

Startup Lessons Learned

SEPTEMBER 30, 2008

So what does CTO mean, besides just "technical founder who really cant manage anyone?" I always assumed I wouldnt manage anybody. Being a manager didnt sound fun - deep down, who really wants to be held accountable for other peoples actions? So I wound up learning the discipline of managing other people.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Startup Lessons Learned

JULY 29, 2009

Although it costs to pay down the principal, we gain by reduced interest payments in the future. I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects. The human tendency to moralize about debt affects engineers, too.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Women Entrepreneurs Can

FEBRUARY 2, 2024

How CTV Ads Benefit Small Business Connected TV ads offer small businesses a targeted and cost-effective way to reach their audience. This agility enables you to make informed decisions, optimizing your advertising efforts for maximum impact. Use analytics tools to track metrics and conversion rates.

Advertising 52

Advertising Small Business Campaign Audience 52

Steve Blank

MARCH 11, 2015

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. What Drives Innovation?

Widget 120

Widget Lean Business Model Metrics 120

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. Tom Peters called the Management By Walking Around - MBWA. Otherwise it is just Management By Wandering Aimlessly. Expo SF (May.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Startup Lessons Learned

APRIL 14, 2009

Every board meeting, the metrics of success change. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. They know how much it costs to bring in a customer and they know how much money they can expect to make on each one. Go on an agile diet quickly.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

AUGUST 24, 2009

In the old days, the brand manager of a consumer packaged goods product had to spend energy inferring the effectiveness of their television ads through a combination of trailing indicators (like market share) or time-consuming market research. I’ve met a lot of gatekeepers in the past few months. Is that a lot?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Startup Lessons Learned

FEBRUARY 9, 2009

The Lean Startup is a practical approach for creating and managing a new breed of company that excels in low-cost experimentation, rapid iteration, and true customer insight. It uses principles of agile software development, open source and web 2.0, Amazing lean startup resources Is Entrepreneurship a Management Science?

Lean 68

Lean San Francisco Web Advisory Board 68

Startup Lessons Learned

FEBRUARY 20, 2009

Similar results apply in product management, design, testing, and even operations. Sounds very similar to agile development which is the way. If peer pressure doesnt work then it looks like a management problem. And Im afraid those can only be solved by managers who are willing to solve them. This is a fantastic article.

San Francisco 161

San Francisco Software Review Continuous Deployment Development Team Review 161