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Episode 19 – Part 2: The ROI of Learning

IM Insights

The episode addresses the concept of innovation accounting, common misconceptions in business case analysis, and the value of information by connecting learning to financial outcomes. Unravelling the concept of innovation accounting, Peter debunks the common misconceptions prevalent in business case analysis.

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THE PROS AND CONS OF A LEAN STARTUP

ImagineNation

Lean’ is the buzzword of the last decade, challenging old school thinking that dictates that a successful business must be resource-heavy to achieve sustainable growth, whilst also giving credence to those who want to launch “almost-there” app startups today to achieve market domination tomorrow. Pros for a lean app startup.

LEAN 59
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How to Make Good Lean Startup Hypotheses

Tim Kastelle

Part Eight in the Lean Startup Series When teams start out with lean startup, they often build hypotheses that are too precise – we assume we know more than we do. Because if we load our teams up with too much theory, they can easily get stuck in analysis paralysis. The final problems are with the last question.

LEAN 100
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Lean is Dead. Long Live Lean!

Legacy Innovation Group

Lean is Dead. Long Live Lean! Twenty four years ago, James Womack, Daniel Jones, and Daniel Roos introduced our world to a modern understanding of the concept of Lean Production. Lean Production was, and still is, a profoundly powerful management philosophy for the mass production of uniform goods.

LEAN 40
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Fail Well, Pivot Fast: Product Experimentation for Continuous Discovery

Speaker: William Haas Evans - Principal Consultant, Head of Product Strategy & Design Practice, Kuroshio Consulting

Lean A3, PDSA (Plan-Do-Study-Act) and the Build-Measure-Learn or Think-Make-Check loop (to name a few loops) are all learning models informed by the notion that experimentation is the fastest (and most proven) route to product-market fit and achieving sustainable organic growth.

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Fears of those unknowns

Paul Hobcraft

Our individual problem often lies in the time we have to discover, learn and explore new and different things. We do need to ‘lean in’ on many specialists and experts to help us, not just business consultants! Develop a positive and proactive growth mindset and embrace failures as learning opportunities.

LEAN 195
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10 Popular Innovation Exercises to Try

InnovationTraining.org

Learn more about design thinking in this guide. Lean startup method Lean Startup is another source of many activities and exercises in a customer-focused approach to innovation. In the same wheelhouse as design thinking (and agile), a lean startup approach offers a way to quickly ideate, test, and create prototypes.