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Lean Strategies for Startups & innovative Business
Rating: 4.6 out of 5(121 ratings)
5,193 students

Lean Strategies for Startups & innovative Business

Lean Strategy & Principals for startups, Entrepreneurs, innovative Product & Solution Development, sustainable growth
Last updated 12/2019
English
English [Auto],

What you'll learn

  • Fundamentals of lean Strategies
  • Case Studies on Lean Strategies
  • Entrepreneurship
  • Startup Strategies

Course content

2 sections14 lectures1h 25m total length
  • What is Lean Startup and Strategies7:14

    Explore the lean startup approach to turning ideas into real business under extreme uncertainty by building, launching, and learning through rapid iterations that validate market needs.

  • How Does it help and case studies8:10

    Learn how lean startup helps decide if you should build a product by focusing on customer needs and pains, gathering feedback, and reviewing case studies like Dropbox, Zappos, and Webvan.

  • Basic Terms Used in Lean Strategies7:49

    Explore lean startup basics, including assumptions, hypotheses, experiments, and a minimum viable product, and learn to identify high-impact uncertainties to prioritize them for adaptive, customer-focused product development.

  • Basic Terms used in Lean Strategies Explained Part 27:29

    Learn how lean startup methods test hypotheses through defined experiments to validate assumptions, using a continuous MVP cycle, customer feedback, and data-driven learning to refine strategy.

  • Lean Startup Principals8:48

    Discover how lean startup principles reframes entrepreneurship as agile management, emphasizes learning under uncertainty, and uses experimentation, customer feedback, and measured milestones to refine vision, strategy, business models, and funding.

  • Start Small and Experimentation7:47

    Start small with a minimum product to test your idea with real customers before heavy investment. Use rapid experimentation to validate value and growth hypotheses through customer feedback and learning.

  • Testing of Ideas - Process8:37

    Identify critical assumptions, prioritize them, and run rapid lean startup experiments to measure results against hypotheses. Get out of the building to test with customers and iterate toward adoption.

  • Testing via Minimum Viable Product5:01

    Test your hypotheses quickly by building a minimum viable product or minimum acceptable product to gather fast customer feedback, learn, and pivot before heavy investment.

  • Measuring Results from Experimentation and Testing1:28

    Learn how innovation accounting measures startup experiments against benchmarks, comparing current results to an ideal state and guiding decisions on adoption and profitability.

  • Metrices Used in measurement6:07

    Learn how to measure lean startup outcomes with actionable, auditable metrics that reveal cause-and-effect between feature launches, cohort analysis, split testing, and outcomes like retention, usability, and revenue.

  • Strategy to Pivot3:34

    Pivot by adjusting strategy while preserving the vision after hypotheses are invalidated. Shift among features, customer segments, needs, and delivery channels to adapt the product and value delivery.

  • Simple Case Study on Pivots5:36

    this case study traces a civic platform's pivot from online voter registration to fundraising and cause building, guided by customer feedback, UI updates, and a web-based revenue model.

  • Innovate and Accelerate5:24

    Accelerate growth with batch-by-batch, single-piece flow and sustainable, word-of-mouth expansion, and use five whys and engines of growth: stickiness, viral adoption, and acquisition cost balance.

Requirements

  • Idea & Passion

Description

Most startups fail. But many of those failures are preventable. 

The Lean Strategies for Startup is being adopted across the globe, changing the way companies are built and new products are launched.

Eric Ries author of  Lean Startup defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business.

The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively.  Inspired by lessons from lean manufacturing, Lean Startup method relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute.

Rather than wasting time creating elaborate business plans, The Lean Startup offers entrepreneurs - in companies of all sizes - a way to test their vision continuously, to adapt and adjust before it’s too late.

This course is for all those dreamers who have some idea and want to convert their idea into successful business.

My objective of this course is to bring these strategies in simple terms in brief so that users are benefited and use them in real businesses.

Who this course is for:

  • Entrepreneurs
  • Managers incharge of developing new projects
  • Any person having an idea with passion to develop it