Lean Startup is a system of practices that can be used for creating new businesses from scratch. The practices can be used in large organizations as well as in startups. Every new venture, whether a startup or an internal venture, begins under conditions of extreme uncertainty. Lean Startup practices can be used to progressively reduce uncertainty through a series of well-designed business experiments. This course is organized in two parts. The first part gives a practical overview of the seven principles of Lean Startup, including examples of the principles in use.
The second part of the course discusses adaptations to make these practices work in large organizations and in companies that produce physical products. The course will feature practical illustrations based on the real-world experiences of the instructor. It will include hands-on break-out sessions that will give participants confidence in applying these concepts.
Upon completion, participants will be able to assess the value of Lean Startup for their organizations and to leverage specific principles immediately.
Overview
Part I:
- Lean Startup Principles in Practice
- Lean Learning Loops
- Minimum Viable Products
- The Pivot or Persist Decision
- Innovation Accounting
- The Value Hypothesis
- The Business Hypothesis
- The Growth Hypothesis
Part II:
- What’s Different in Large Organizations
- Containing the Chaos
- Working with the Performance Engine
- Achieving Strategic Alignment
- Introducing a New Business Model
- Organizing for Growth
- Making the Bet to Win
Who should attend: Those interested in new business innovation and business model innovation.
Registration Fees:
IRI Members: $295
Non Members: $395
Due to limited seating, we request that you cancel at least 48 hours before a scheduled class. This gives us the opportunity to fill the class. However, if you do not cancel prior to the 48 hours, you will lose the payment for the class.
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