Scaling innovation in a growing business
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Transcript of Scaling innovation in a growing business
©2016 EXPEDIA | ALL RIGHTS RESERVED
Scaling Innovation with a growing business
Scott Horn @scottjhorn
• Expedia’s growth • Lean - TPS - The Scientific Method • Iteration Cycle - WIGWAM • Minimum Viable Product - MVP • Analytics and UX/CX Research • Tools and Techniques
Lean = Build + Measure + Learn
Image from Eric Rees and Lean Startup Co - https://twitter.com/leanstartup
The Iteration Cycle is a process that you can use to improve anything over time.
Watch: What works? What doesn’t?Ideate: What could you improve?Guess: Based on experience, which idea do you think will make the biggest impact?Which? Decide which change to make.Act: Make the change.Measure: Was it positive or negative? Should you keep it or go back?
Text from https://personalmba.com/iteration-cycle/
Product Adoption Curve
Innovators Early Adopters
Early Majority Late Majority Laggards
Tech Enthusiasts
Visionaries
Pragmatists
Conservatives
Skeptics
From https://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action/transcript?language=en Golden circle from: http://blog.hubspot.com/customers/3-takeaways-from-start-with-why
…because you see, when TiVo launched their product, they told us all what they had. They said, "We have a product that pauses live TV, skips commercials, rewinds live TV and memorizes your viewing habits without you even asking." And the cynical majority said, "We don't believe you. We don't need it. We don't like it. You're scaring us."