Lean Canvas Tutorial

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Where: To view the Lean Canvas, click on Business Model at the top panel. Mentors: Can comment at the bottom of the page (below canvas, not visible here) either on the entire canvas or a specific component of the canvas. Teams: Each week, teams will update their canvas by cloning the latest version & updating any components based on interviews conducted. Teams are required to update their canvas every Sunday & name each canvas as follows: First Canvas 16.2.14, Second Canvas 23.2.14, Third Canvas 2.3.14, Fourth Canvas 9.3.14 1) LEAN CANVAS

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Transcript of Lean Canvas Tutorial

Where: To view the Lean Canvas, click on Business Model at the top panel.!Mentors: Can comment at the bottom of the page (below canvas, not visible here) either on the entire canvas or a specific component of the canvas. !Teams: Each week, teams will update their canvas by cloning the latest version & updating any components based on interviews conducted. Teams are required to update their canvas every Sunday & name each canvas as follows: First Canvas 16.2.14, Second Canvas 23.2.14, Third Canvas 2.3.14, Fourth Canvas 9.3.14!

1) LEAN CANVAS!

Where: To view the Experiment Dashboard, click Experiments at the top panel.!Mentors: Can comment at the bottom.!Teams: Each week, teams add customer segments they are interviewing at the Experiment Queue. !

Double-Clicking on the customer segment will take you to the Experiment Report !

2) EXPERIMENT DASHBOARD!

Where: To view the Experiment Report, click on the customer segment at the Experiment Queue from the Experiment Dashboard (pls refer to previous page).!Mentors: Can comment at the bottom. Once mentors have verified the Validated Learning, mentors can click on either Validated or Invalidated. !Teams: Beginning of week: Teams fill in Background, Falsifiable Hypothesis & set the Due Date of this experiment. End of week: Teams fill in Details, Results, Validated Learning, Next Experiment. !

3) EXPERIMENT REPORT!

Hereʼs what we thought"

Hereʼs what we did"

Hereʼs what we found"

Hereʼs what we are going to do next"

8th - 15th Feb: !1)  Teams create First Canvas focusing on Customer & Problem component.!2)  Teams create Customer Segments they will interview next week on the Experiment Dashboard. !3)  Teams fill in the Background & Falsifiable Hypothesis they are trying to test in the Experiment Report along

with the Due Date. !4)  Mentors view the Canvas and the Experiment Report to check on the Customer Segment and the Falsifiable

Hypothesis that teams are trying to test. !

16th - 22nd Feb: !1)  Teams create Second Canvas updating the Customer & Problem component based on the experiments

conducted. !2)  Teams fill in the Details, Results, Validated Learning & Next Experiment in the Experiment Report. !3)  Mentors check the Experiment Report and verify the Validated Learning by clicking on either Validated

(customer segment turns green in Experiment Dashboard) or Invalidated. !! ! ! ! !!

RECAP!

VALIDATED !Teams move on to the Solution & !

Unique Value Proposition. !

INVALIDATED!Teams need to continue working on the Customer

& Problem component. !

23rd Feb - 1st Mar:!1)  Validated: Teams create Minimum Viable Product (MVP) and Experiment to test MVP. Teams fill in

Background & Falsifiable Hypothesis in the Experiment Report. !2)  Invalidated: Teams discuss with mentor reasons for Invalidated learning and create another Experiment to

validate Customer & Problem component.!3)  Teams create Third Canvas updating relevant components based on the experiments conducted. !