Lean Startup for Project Managers
14 likes5,329 views
The document outlines the principles of the Lean Startup methodology for project managers, emphasizing the importance of validating assumptions and minimizing waste in product development. It highlights the need for understanding customer demands, utilizing agile practices, and fostering a culture of experimentation and learning within organizations. The Lean Canvas is introduced as a tool to help validate hypotheses and manage risks during the project lifecycle.
Lean Startup for Project Managers
- 1. The Lean Startup (for project managers)
- 3. Entrepreneur
- 13. Unlock a new way of thinking.
- 16. “a set of processes used by entrepreneurs to develop products and markets, combining Agile Software Development, Customer Development and existing software platforms.” The Lean Startup
- 18. It’s about being less wasteful.
- 20. “a human institution designed to deliver a new product or service under conditions of extreme uncertainty. ” What is a startup?
- 25. #startupsarehard
- 26. “We can't predict the future” “We don't really know what customers want” “Advancing the plan is progress”
- 27. Sound familiar?
- 28. “Startups don't have much time or budget so they need to be resourceful.” The Problem
- 29. It’s about being less wasteful.
- 32. #fail
- 33. Didn't understand the wants of their target customers.
- 34. Three Inc.
- 35. #fail
- 36. Product did not represent consumer demand.
- 38. #customersfirst
- 39. Figure out how to meet what the customer demands.
- 41. #win
- 43. Everything is an assumption that needs to be tested.
- 44. Identify and test your riskiest assumptions first.
- 45. There are no facts inside your building, so get outside.
- 47. #safetofail
- 48. #failearly
- 51. Monitor speed of learning.
- 52. Validate your riskiest assumptions, as quickly as possible.
- 53. #startuptools
- 54. The Lean Canvas
- 55. Who has this problem? - who are your target customers? What problem are you trying to solve? - is it really a problem? Why should they care? - do you provide enough value? Validate your assumptions
- 56. The Lean Canvas
- 57. #buildit
- 60. Minimum amount of features required to learn.
- 61. It’s about being less wasteful.
- 62. #measureit
- 65. We believe our talk will educate project managers on the Lean Startup. This will be validated when 7 out of 10 project managers in the audience confirm they know how to use Lean Startup in their work. Validate your hypotheses with qualitative data
- 67. We believe project managers want to know how the Lean Startup relates to them. This will be validated when 500 project managers download the presentation of our video. Validate your hypotheses with quantitative data
- 68. #testit
- 69. “If we have data, let’s look at data. If all we have are opinions, let’s go with mine.” Jim Barksdale, former CEO of Netscape
- 70. Use your data.
- 73. Life’s too short to build something nobody wants.
- 74. #customersfirst
- 75. WHAT DOES IT MEAN TO ME?
- 77. @carolineggordon
- 84. 1. Lean startup is risk management 2. Waste before project starts 3. Cultural change Hypotheses
- 87. The risk is that bad things will happen. Project Risk
- 88. Such a low chance that we assume it won’t. Project Assumption
- 89. Drive down risk - mitigations - fallbacks - contingencies Project managers
- 92. Project managers actively drive risk down. Agile Assumptions are validated with real experiments. Lean Startup
- 93. Solution handed to team by Product Owner as a product backlog. Agile The solution emerges as assumptions are validated. Lean Startup
- 94. Iterates the process of building the product. Agile Iterates the process of solving the problem. Lean Startup
- 95. What are the risks of building this product? Agile What is the risk that this is a problem? Lean Startup
- 96. Business model assumed. Agile Business model validated. Lean Startup
- 98. Experiments
- 100. Do customers have the problem? If there was a solution, would they buy it? Would they buy it from us? Can we build a solution for the problem? Lean Startup Product Development
- 101. Do users have the problem? If there was a solution, would they use it? Would they fund a project for this? Can we build a solution? Lean Startup Internal Customers
- 102. Do customers have the problem? If there was a solution, would they buy it? Would they buy it from us? Can we build the solution? Agile Product Development
- 103. Project X
- 104. Projects though the approval funnel Ideas through the validation funnel Projects Lean Startup One expensive experiment = the project Many cheap experiments
- 105. Idea Screen Business Case Go to Development Iterate Deliver MVP
- 108. #culturalchange
- 109. Turn the entire decision making process of the organisation upside down.
- 110. The start of a cultural change.
- 111. #itsokaytofail
- 112. #seekoutvalidation
- 113. Create an organisation of intrapreneurs.
- 114. #learning
- 115. Now I have a hammer, all I see are nails.
- 116. Determine the context Is there a reasonable risk that this won’t solve the problem? Is the situation so complex it’s hard to know what effect this change will really have? Is there a proven business model / known efficiencies for this product? Is this a variation on what we have done many times before?
- 117. 1. Are your assumptions valid? 2. How can you validate them? 3. Create a Lean Canvas to use along with your risk register. Use it for conversations with stakeholders and the team. What a project manager can do
- 118. Be a change agent.
- 119. Fin.