Making of innovative solutions manik choudhary
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Making of Innovative Solutions : Lean Start-Up and Design Thinking Practices Manik Choudhary, PMI-ACP, CSPO, PSM-1 [email protected]
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Transcript of Making of innovative solutions manik choudhary
Making of Innovative Solutions : Lean Start-Up and Design Thinking Practices
Manik Choudhary, PMI-ACP, CSPO, PSM-1 [email protected]
Disclaimer
These are my personal opinions on the subject and in no way represent that of my employer.
Approach : Lean Canvas, Design Thinking, USM & Agile
User
Story
Map
Lean Canvas http://leancanvas.com
Right Product
Product Right http://blog.econocom.com/en/blog/how-to-boost-innovation
Design Thinking
*Source https://dschool.stanford.edu/groups/k12/wiki/17cff/
Waste in Software Industry
64 % of Software is
unused !
“Waste is any human activity which absorbs resources but creates no value “ - James p. Womak and Daniel T. Jones
“Building something nobody wants is the ultimate form of waste.” – Eric Ries
Approach
Business Model Framework
Design Thinking
User Story Mapping
Lean Startup
Customer Development
Agile Software
Lean (Toyota Production System)
Five principles of Lean Startup
StartUp
StartUp
= Experiment
Searching for a Profitable, Scalable and Reliable Business Model
A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty“.
by Eric Ries from the book ”The Lean Startup”
Nothing to do with size of company, sector of the economy, or industry
Lean Startup
Lean Startup principle
Entrepreneurs are everywhere
Entrepreneurship is management
Validate Learning
Build-Measure-Lean
Innovation Accounting
Approach
Business Model Framework
Design Thinking
User Story Mapping
Business Model Framework
Lean Canvas – Ash Maurya Product Opportunities – Marty Cagan
1. Exactly what problem will this solve? (value proposition) 2. For whom do we solve that problem? (target market) 3. How big is the opportunity? (market size) 4. What alternatives are out there? (competitive landscape) 5. Why are we best suited to pursue this? (our differentiator) 6. Why now? (market window) 7. How will we get this product to market? (go-to-market strategy) 8. How will we measure success/make money from this product?
(metrics/revenue strategy) 9. What factors are critical to success? (solution requirements)
10. Given the above, what’s the recommendation? (go or no-go)
Business Model Canvas - Alex Osterwalder
Let‘s make sure this
solution will generate a
profit
Business Model Canvas Explained (Video)
Business Model Canvas - Alex Osterwalder
Business Model Canvas vs Lean Canvas
Lean Canvas – Ash Maurya
BMC - Alex Osterwalder
Approach
Business Model Framework
Design Thinking
User Story Mapping
Design Thinking
Design Thinking is a method for solving complex problems
and creating new ideas.
Design Thinking – Empathy Phase
“There Are No Facts Inside Your Building, So Get Outside.” –
Steve Blank
Problem Interviews
Understand
Observe
Empathy
Define
Ideate
Prototype
Validation
Design Thinking – Define Phase
Storytelling
Clustering
Personas
Task Flow Analysis
Framework
POINT OF VIEW
Hypothesis about users’ needs
HMW Statement
Empathy
Define
Ideate
Prototype
Validation
* Source - http://www.3d-innovations.com/blog/?tag=design-thinking
Design Thinking – Ideation Phase
Empathy
Define
Ideate
Prototype
Validation
Be Visual
Defer Judgment
Encourage Wild Ideas
Build on the Ideas of Others
One Conversation at a time
Go for wild Ideas
* Picture Source http://www.prweb.com/releases/Design_Ideation/Design_Thinking/prweb10979211.htm
Design Thinking – Prototype Phase
Empathy
Define
Ideate
Prototype
Validation
Physical
Wireframes
Storyboards
Acting
* Picture Source - http://www.smashingmagazine.com/2010/06/16/design-better-faster-with-rapid-prototyping/
Design Thinking – Validate Phase
Test the Solution with a “demo” before Building the actual product*
* Source- Running Lean – Ash Maura
Empathy
Define
Ideate
Prototype
Validation
* Source - http://lean.st/
Approach
Business Model Framework
Design Thinking
User Story Mapping
User
Story
Map
User Story Mapping
MVP- Minimum Viable Product Scope
User Story Mapping
Teams Win Time
Backlog Quality
will Improve
Communication
within Team will Improve
User Story Mapping
Key Takeaways
“DESIGN is not
just what it looks
like and feels like.
Design is how it
works.”
- Steve Jobs
Good Practices for Great Products
Lean Startup Concepts
Business Model Framework
Design Thinking
Problem/Solution interviews
Prototype – Low fidelity & High-fidelity
Minimum Viable Product(MVP)
Iterated Business Model Framework
User Story Map
Agile / Lean / XP
Early adopters
Thank you !!
Manik Choudhary [email protected]
Linked In - http://www.linkedin.com/pub/manik-choudhary-pmi-acp-cspo-psm/1/54/529
