Lean

A VC : Venture Capital and Technology

And on wednesday night I spoke to the NYC Lean Startup Meetup with the help of Giff who interviewed me. Eric and his fellow lean advocate Steve Blank have both written at length about the methodologies associated with the lean startup approach. But the most interesting part of the discussion on wednesday night for me was when Giff asked me about a comment I had made that "you need more than a lean methodology, you need a lean culture."

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Herding Cats – Using Lean to Work Together

Steve Blank

When Colonel Peter Newell headed up the Army’s Rapid Equipping Force (REF) he used lean methods on the battlefields of Iraq and Afghanistan to provide immediate technology solutions to urgent problems. Filed under: Customer Development , Hacking For Defense , Lean LaunchPad.

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Trending Sources

The Lean LaunchPad Online

Steve Blank

You may have read my previous posts about the Lean LaunchPad class taught at Stanford , Berkeley, Columbia , Caltech and for the National Science Foundation. Experienced entrepreneurs kept finding that no business plan survived first contact with customers.

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Machine Learning Meets the Lean Startup

Steve Blank

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Machine Learning Meets Lean – Berkeley Lean LaunchPad Class. Filed under: Lean LaunchPad , Teaching.

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Lean Startup and Lean Analytics in the Enterprise

Instigator Blog

It’s clear that Lean Startup is shifting from startups to the enterprise. There’s still a lot to learn amongst early stage entrepreneurs, and a lot of discussion that’s needed around implementing Lean Startup, but attention has definitely shifted to applying the framework in large organizations. Alistair and I have been looking at how Lean Startup and Lean Analytics are working in the enterprise. And voila, Lean had infiltrated the organization.

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. The Lean Definition of the Three Horizons of Innovation.

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Lean Startup In Japanese Companies

Steve Blank

Implementing the Lean Startup in any company is hard. Now compound that level of effort with trying to put a Lean Startup culture in place in Japan. Technology centric leads to companies ignoring their customers and the challenge is that they don’t do customer interviews. And weak leadership leads to a reluctance to change and the inability to mandate Lean as an innovation process. Corporate Innovation Customer Development Manifesto

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Digging Deeper into Lean Business Model Canvases

Instigator Blog

I’m a big fan of Ash Maurya’s Lean Canvas. I was also very impressed with Steve Blank’s new initiative Lean Launch Lab , which combines a canvas business model tool and a blogging tool for startups to use and share information regularly with investors.

The National Geospatial Intelligence Agency Goes Lean

Steve Blank

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. The NGA has adopted Lean Innovation methods to make this happen.

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The Lean LaunchPad Class Online

Steve Blank

Filed under: Customer Development , Lean LaunchPad. Customer Development Lean LaunchPad

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Corporate Lean Anti-Patterns: 5 minute video

Grasshopper Herder

Unlike startups, large companies have many moving parts to manage when attempting to lean new ways for creating customer value. Managing Entrepreneurship adopting lean startup anti-patterns lean-enterprise waterfall

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Lean in Larger Organizations – Interview with Jay Badenhope

Grasshopper Herder

Jay Badenhope (Senior Product Manager of JustAnswer) leads product teams that experiment and build things to solve meaningful customer problems. I reached out to him to chat about his approach to implementing lean startup in large- and mid-size companies. You can find him on Twitter or LinkedIn) Q: What is the difference between running lean in a very large vs. […].

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The History of Lean Planning

Up and Running

Lean Planning is a concept that we introduced back in 2012 as an evolution in business planning. We proposed Lean Planning as the next step in business planning. But, where did Lean Planning come from? Here’s a quick history of how we developed Lean Planning.

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Office of Naval Research (ONR) Goes Lean

Steve Blank

Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. Test if the Lean Innovation process actually accelerates technology adoption and an innovation ecosystem. Lean Innovation is a Process.

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Lessons Learned Launching a Lean Startup Accelerator

Instigator Blog

Year One Labs is a Lean Startup accelerator. I believe it’s one of the first of its kind, with a very heavy focus on customer development and a rigorous Lean Startup process. Our Lean Startup Methodology. 7 Lessons Learned Running a Lean Startup Accelerator.

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Machine Learning Meets the Lean Startup

Steve Blank

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Machine Learning Meets Lean – Berkeley Lean LaunchPad Class. Filed under: Lean LaunchPad , Teaching.

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Top 10 Benefits Of Lean

YoungUpstarts

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Due to its roots in manufacturing, Lean is often equated with the elimination of waste, but this view of Lean misses the mark on realizing its true value.

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When Customers Make You Smarter

Steve Blank

We talk a lot about Customer Development, but there’s nothing like seeing it in action to understand its power. But the big payoff came when their discussions with medical device customers revealed an entirely new way to think about pricing —potentially tripling their revenue.

How Startups Can Keep Product Development Lean

YoungUpstarts

The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them.

Lean Analytics

Startup Lessons Learned

Lean Analytics is the latest addition to the Lean Series. Let’s say you lose 3% of your customers every month. When you only have a hundred customers, losing three of them is not that terrible. Imagine that you have become really big, and now have a million customers.

The Lean LaunchPad Educators Class

Steve Blank

The Lean LaunchPad entrepreneurship curriculum has caught fire. I read a ton of existing literature and came up with a formal methodology for search I called Customer Development. Berkeley asked me to teach a class in Customer Development at Haas business school.

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Why Lean May Save Your Life – The I-Corps @ NIH

Steve Blank

Today the National Institutes of Health announced they are offering my Lean LaunchPad class ( I-Corps @ NIH ) to commercialize Life Science. clinical utility, customer, quality of data, reimbursement, what parts of the product are valuable, roles of CRO’s , and partners, etc.,)

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Customers and Causality

Grasshopper Herder

When looking for product/market fit, we start with the customer. Everything starts and ends with the customer. Customer Development Lean Startups Product/Market Fit customer segmentation product/market fit

The National Geospatial Intelligence Agency Goes Lean

Steve Blank

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. The NGA has adopted Lean Innovation methods to make this happen.

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How to Structure Good Hypotheses for Your Lean Startup

Instigator Blog

Customer Development customer development hypotheses lean startup writingTweet. Crafting good hypotheses for your startup is hard. Most people focus on solutions rather than problems. That leads to a ton of products getting launched with zero traction.; the all-to-common “solutions looking for problems.&# A good hypothesis is important because it leads to good experimental design.

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10 Lean Startup Machine Tips and Tricks

Grasshopper Herder

I was at Lean Startup Machine in New York last weekend and I was so impressed by a post by Cindy Alvarez that Trevor distributed, 10 Things I’ve Learned, that I decided to blatantly copy her and create my own top ten list. Lean Startups and Customer Development

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This Will Save Us Years – Lean LaunchPad for Life Science

Steve Blank

We’re deep into week 2 of teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) this October at UCSF with a team of veteran venture capitalists. Filed under: Customer Development , Lean LaunchPad , Life Sciences.

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Taxonomy of the Lean Startup Anti-Pivot

Grasshopper Herder

Sometimes pivoting describes how entrepreneurs adapt to customer feedback. Customer Development Entrepreneurship Investment Lean startup Pitching anti-patterns lean startup pivot pivotSometimes it's an annoying buzzword, grating to the ears.

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Customer Discovery: The Search for Product/Market Fit. 2 Minutes to See Why

Steve Blank

If you can’t see the video click here Filed under: 2 Minute Lessons , Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching. 2 Minute Lessons Business Model versus Business Plan Customer Development Lean LaunchPad Teaching

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Lean Goes Better with Coke – the Future of Corporate Innovation

Steve Blank

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement.

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New Lessons Learned from Berkeley & Stanford Lean LaunchPad Classes

Steve Blank

Our Stanford and Berkeley Lean LaunchPad classes are over for this year, and as usual we learned as much from teaching the teams as the teams did from us. — Have each team talk to 10 customers before the class starts. Lean LaunchPad Teaching

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The Challenging Pace of Lean Startup

Instigator Blog

When it comes to the Lean Startup process, it’s even harder. The Lean Startup methodology is much more tempered and focused. You can probably be convinced to do a little bit of customer development, interview some people and think a bit more before jumping in completely blind. Cold calling potential customers sucked big time, but now you get to build your product! And then, Lean Startup says, “Great. Tweet. Some people think of startups as sprints.

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How To Build a Web Startup – Lean LaunchPad Edition

Steve Blank

As part of our Lean LaunchPad classes at Stanford, Berkeley, Columbia and for the National Science Foundation, students build a startup in 8 weeks using Business Model Design + Customer Development. ” And the most important question is, “How do I use the business model canvas and Customer Development to test whether this is a real business?” How To Build a Web Startup – The Lean LaunchPad Edition. Get customers to the site.

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The Air Force Academy Gets Lean

Steve Blank

Todd Branchflower took my Lean LaunchPad class having been entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. The way our process worked, customers were just a stakeholder that provided input – not drivers of the process.

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The Lean LaunchPad Goes to High School

Steve Blank

While the Lean LaunchPad class has been adopted by Universities and the National Science Foundation , the question we get is, “Can students in K-12 handle an experiential entrepreneurship class?” They both attended our latest Lean LaunchPad Educators Class.

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Lean Startup vs. Visionary Entrepreneur

Grasshopper Herder

There is an ongoing misconception that creating a company under a lean startup approach is incompatible with a big entrepreneurial vision. Customer Development Entrepreneurship Lean startup startup vision

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Getting Lean in Education – By Getting Out of the Classroom

Steve Blank

This week the National Science Foundation goes Lean on education by providing $1.2 National Science Foundation adopted my Lean LaunchPad class. The Lean LaunchPad/I-Corps model may accelerate that process. Filed under: Lean LaunchPad , National Science Foundation , Teaching.

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How Kevin O’Connor, and FindTheBest Got Lean

Steve Blank

It’s been fun watching a 20th Century entrepreneur learn new tricks as he builds his next startup, FindTheBest using Lean Methodology. Lean Start-up Connection: Business Model Canvas. By leaning on our technology, we knew we could build cheaply, we just didn’t know how cheaply.

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Lean LaunchPad for Life Sciences – Value Proposition and Customers

Steve Blank

We’re deep into teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) at UCSF with a team of veteran venture capitalists. The class has talked to 1,440 customers to date.). Customer Development Life Sciences Teaching

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Hacking for Diplomacy – Solving Foreign Policy Challenges with the Lean LaunchPad

Steve Blank

State Department and asks students to use Lean Methods to test their understanding of the problem and deliver rapid-fire innovative solutions to pressing diplomacy, development and foreign policy challenges. Filed under: Hacking for Diplomacy , Lean LaunchPad , Teaching.

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