Lean Startup Co.’s Post

ATT AI, Innovation & Product Execs!! Eric Ries, our founder and best selling author is QUOTED... This is the key to MORE WINS & LESS WASTE PERIOD! If you want to implement this principle in your company and/or train your team then grab a few mins 1:1 with our CEO, Ben Hafele in July and August. No time like the present to make changes that set you up for 2025 and beyond. Book a time on his personal calendar here: https://bit.ly/4dfkFtD If you're an AI Leader seeking to bypass failure and simplify a path to success-- checkout our Lean AI approach here: https://lnkd.in/eTWAYz5s

ATT: Chief AI Officers, AI Product Mgrs. & Teams! Been tasked with unlocking the potential of AI for your company but it feels like the 'wild west?' If so, here are 4 essentials to create more wins, more quickly with less waste (aka losing money): 1. Start testing use cases right from the start. No value is delivered by AI until users or customers adopt an AI product. You’re going to have to address adoption eventually, so give yourself as much time as possible to test and shape use cases. Avoid the temptation to spend months or years working only on architecture and security – test uses cases while you are building these out. 2. Establish a framework for testing use cases. Without a common framework based on evidence instead of opinions, it’s difficult to make good decisions about which AI use cases to invest in. Make it clear what level of evidence (e.g. verbal feedback, adoption during observational studies, etc.) is required for an AI use case to be considered for investment. Bonus: a common framework results in a portfolio view that enables you to demonstrate progress and articulate the value of your work, even in the earliest stages of development. 3. Make sure you communicate “the why” of the framework. Nobody likes process until they understand why the process is in place. Make it clear that the framework is in place to establish a meritocracy that lets the good use cases through and parks the losing use cases based on common standards with as few resources wasted as possible. Stress that the framework is in place to de-politicize the identification of AI use cases that will be scaled. 4. Make sure everyone knows their role in the framework. Wasted time, effort, and resources result when AI product owners, AI product teams, and senior AI executives don’t know their specific roles in the framework. Give each role in your framework a “cheat sheet” so they can remember their roles and responsibilities. If you want to talk about your specific AI implementation protocols and outcomes - book a quick 15-20 min call with our CEO, Ben Hafele here: https://bit.ly/4dfkFtD #Innovation #bigdata #LeanStartupCo #AIRevolution #SmartTechnology #generativeai #ericries

Did you know that Lean Startup Co. doesn't just push 'Lean Startup,' OR, any other methodology such as agile that's set in stone? As founder Eric Ries explains in our Founder's Quote of the week---> We create holistic innovation and product development frameworks for our companies that leverage the best techniques from design thinking, user-centered design, agile, and others. If you're looking to upgrade your AI dev, Innovation or Product dev practices, book a quick call with our CEO Ben Hafele to identify a customized, LEAN, approach to create MORE WINS & LESS WASTE. Schedule with him here: https://lnkd.in/e-PEMN5f. #LeanStartupCo #AI #Datascience #Technology #bigdata #innovation #leanstartup #ericries

CREATING SOMETHING NEW DOESN'T HAVE TO BE COMPLICATED!! Have you ever heard of the 'K.I.S.S. model' of business and life? Keep it simple, stupid? THAT IS THE DIRTLY LITTLE SECRET NO ONE ELSE WANTS YOU TO KNOW, BUT WE HAPPILY SHOUT FROM THE ROOFTOPS: Innovation and building 'NEWNESS' (aka new things that don't exist YET) DOES NOT NEED TO BE COMPLICATED; it doesn't need 3-steps to success, OR, a 'proven' methodology, OR a specific tech or tool, OR a group mastermind... What does it need then? It simply needs a vision, a desired outcome and, most of all applying the scientific method inside a customized framework built for YOUR unique vision to ensure you're not just throwing spaghetti against and wall and burning your budget. We call ourselves 'Lean Startup Co.' (born from the best selling book by Eric Ries) because when you're starting anything new you have to keep things simple and lean to create a testing foundation in which to launch, succeed and grow. For more specific 'Lean Simple' applications inside your business, talk to our CEO Ben personally over the Summer; he's opened up a few time blocks in June, July & August. Schedule with him here: https://lnkd.in/e-PEMN5f. #LeanStartupCo #LeanStartupMethod #InnovateBetter #B2B #AI #Datascience #Technology #innovation #leanstartup #ericries

Are You Innovating With Confidence, OR, Throwing Spaghetti; losing time and money along the way? We call this 'spaghetti' --> "Navigating Through the Squiggles” and we have the solution for you... This quick 20-minute read will give you a framework to successfully navigate the squiggles with more wins and less waste EVERY TIME! What you'll get for your 20 minutes? 1-A review of the foundational elements of the Lean Startup methodology Case studies and targeted action steps to help leaders and teams get started A breakdown of the Build-Measure-Learn loops at the heart of the Lean Startup system 2-An overview of the role strategy and customer definition play in driving progress 3-A discussion about how to drive cultural change by leveraging a constructive definition of failure Download Your Free Guide Here: https://lnkd.in/ejEKbaht #LeanStartupCo #LeanStartupMethod #InnovateBetter #B2B #AI #designthinking #Datascience #Technology #innovation #leanstartup #ericries

STRUGGLING TO MANAGE YOUR INNOVATION PORTFOLIO? If so, read this instructive and amazing article by our Senior Director, Jonathan Bertfield to avoid the 'BIG 5 MISTAKES' he sees sink the innovation ship every time... Mistake 1: Not Making a Mindset Shift Too often, leaders choose to treat managing a portfolio of innovation initiatives exactly the same way they treat managing their core revenue-generating product initiatives. Leaders assume that the path to the potential commercialization of innovation initiatives is driven by more resources or faster execution. Instead, leaders managing a portfolio of innovation initiatives should focus on prioritizing learning ahead of revenue.  The mindset shift that ends up making the biggest difference? Establishing an environment where teams are encouraged to demonstrate strategic speed by learning quickly about their key uncertainties, rather than demonstrating operational speed by simply executing quickly on something that might not be the right solution. Mistake 2-5....read the rest here: https://lnkd.in/eGwZfGHg If you have any questions about what you read/learn, please comment below, DM us, connect with Jonathan or Ben, and/or book a 1:1 time with our CEO Ben Hafele below through July 2024. Schedule here: https://lnkd.in/e-PEMN5f. #leanstartupco #leanstartup #leanstartupmethod #innovation #newtech #b2b #businessgrowth #leadwithinnovation

The Lean Startup Co. Mission? Empowering Execs & Teams to...systematically vet, shape and de-risk the inherent uncertainty in anything new and anything that will change the face of your company, communities and the world!!! What Founder Eric Ries has to say... Nothing like 'Founder's Quotes' to inspire you!! 😁 hashtag #LeanStartupCo #AI #innovation #ericries #b2b #innovationrevolution #test #leanai

CAN WE ALL AGREE THAT A.I. IS MOVING FAST? IF YOU'RE A LEADER IN THIS SPACE -- DON'T GET LEFT BEHIND BECAUSE YOU DON'T HAVE A TESTING METHOD OR A PLAN TO SUCCEED! WHAT'S THE SECRET? Speed is key. At Lean Startup Co we help teams move as quickly as possible to learn as much as they can about the initiative they are working on using a Build-Measure-Learn approach. Build: Using inputs from prior research or recent experiments, teams create just enough of a product experience to draw out insights from their target customers. Measure: Teams then put that product experience into the hands of their customers and measure the reactions. What do customers do in response to the opportunity presented to them? Learn: Teams collect and synthesize the data that emerged and use the insights to inform the next cycle of learning. If you want your initiatives to optimize budget, prove concept and gain adoption -- >book a complementary 1:1 with our CEO, Ben Hafele to explore customized, Lean Startup Methodology strategies (founded by Eric Ries) to turn your A.I. vision into actionable, real-world results. DM Ben or book here: https://lnkd.in/e-PEMN5f. #LeanStartupCo #AI, #Datascience, #Technology, #bigdata, #innovation #leanstartup #leanstartupmethod #ericries

Are You An Enterprise Exec Struggling to Harness A.I. & Deploy Innovation Initiatives? Speed is key. At Lean Startup Co we help teams move as quickly as possible to learn as much as they can about the initiative they are working on using a Build-Measure-Learn approach. Build: Using inputs from prior research or recent experiments, teams create just enough of a product experience to draw out insights from their target customers. Measure: Teams then put that product experience into the hands of their customers and measure the reactions. What do customers do in response to the opportunity presented to them? Learn: Teams collect and synthesize the data that emerged and use the insights to inform the next cycle of learning. Talk 1:1 with our CEO, Ben Hafele to explore customized, Lean Startup Methodology strategies (founded by Eric Ries) to turn your vision into actionable, real-world results. Schedule with him here: https://lnkd.in/e-PEMN5f. #LeanStartupCo #LeanStartup #AI, #Innovation #EricRies #EnterpriseBusiness #Corporateleaders #b2b