This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
This product (Lean Startup Methodology) is a 27-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.
Lean Manufacturing employs the principles of Just-in-time (JIT) manufacturing, which centers on the key tenets of efficiency, productivity, continuous improvement, and waste reduction (both on the part of the producer and supplier).
Lean Manufacturing draws attention to cutting cycle, flow, and throughput times. The technique achieves this by eradicating non-value-adding activities for the customer.
This presentation highlights the Lean Startup methodology that has been adopted by scores of entrepreneurs across the globe to successfully launch their creative ideas, new products, and startups. The term "Lean Startup" methodology was first put forth by Eric Ries in his book "The Lean Startup." The Lean Startup methodology spares startups from wasting valuable resources and man hours on flawed ideas or prototypes that are unappealing to customers.
The Lean Startup approach calls for adapting the idea or prototype as per customer feedback and preferences. Following this thinking, successful startups fail quickly. However, they adapt, iterate, and improve their preliminary ideas quickly. The central premise of the Lean Startup methodology is the notion that when startup companies devote their efforts to continuously developing products to meet the requirements of early customers, they can minimize market risks and avoid substantial initial financing of projects, costly new product releases, and financial insolvency.
The implementation of the Lean Startup methodology involves a 4-stage iterative cycle called the Lean Startup Cycle. The 4 stages include:
1. Map Ideas Using the Business Model Canvas
2. Develop and Test Your Hypotheses
3. Create a Minimum Viable Product (MVP)
4. Learn, Validate, and Improve
In this presentation, we dig into each of these stages.
Additional topics discussed include the 7 types of "waste," Build-Measure-Learn, Continuous Deployment, Split Testing, Innovation Accounting, among others.
This PowerPoint presentation on Lean Startup Methodology also includes some slide templates for you to use in your own business presentations.
This PPT slide outlines essential principles of the Lean Startup methodology, focusing on 3 core concepts: Minimum Viable Product (MVP), Continuous Deployment, and Split Testing.
The MVP is described as a product version that allows teams to maximize validated learning while minimizing effort. This approach emphasizes the importance of testing hypotheses early in the development process. By engaging with customers quickly, startups can gather valuable feedback that informs future iterations of the product.
Continuous Deployment is highlighted as a process where all code written for an application is deployed into production immediately. This practice significantly reduces cycle times, enabling companies to release new code as frequently as 50 times per day. The reference to Timothy Fitz, an early engineer at IMVU, underscores the practical origins of this principle, illustrating its relevance in fast-paced environments.
Split Testing, or A/B testing, is presented as a method for comparing different product variants. This technique aims to identify behavioral differences among consumer groups, allowing businesses to assess the impact of each version based on actionable metrics. The emphasis on actionable metrics is crucial, as these metrics guide informed decision-making, contrasting sharply with vanity metrics that may misrepresent a business's actual performance.
Overall, the slide serves as a foundational overview for understanding the Lean Startup methodology. It provides insights into how these principles can drive innovation and efficiency in startups, making it a valuable resource for potential customers looking to enhance their operational strategies.
This PPT slide outlines the third stage of the Lean Startup Cycle, focusing on the creation of a Minimum Viable Product (MVP). This stage emphasizes the importance of testing hypotheses related to business ideas by developing a simplified version of the product. The MVP is designed to require minimal resources, effort, and time, allowing startups to gather essential feedback from early adopters.
Key points highlight that the MVP serves as a tool for measuring, learning, and validating ideas. By engaging customers with the MVP, startups can solicit valuable insights that inform product improvements. Understanding the core value proposition is crucial at this stage, as it helps determine the essential features that deliver value to customers.
The slide also mentions practical methods for validating hypotheses. A simple landing page can be an effective way to convert visitors into leads and collect customer feedback. This approach allows startups to gauge interest and refine their concepts rapidly. Additionally, utilizing crowdfunding platforms like Kickstarter can facilitate the introduction of MVPs, providing a dual benefit of gathering feedback while securing necessary funding. This strategy reduces the risks associated with traditional product launches, enabling startups to test their ideas without significant financial exposure.
Overall, this stage is pivotal for startups aiming to innovate efficiently. The MVP approach allows for quick iterations based on real customer input, ultimately leading to a more refined product that meets market needs.
This PPT slide outlines the initial phase of the Lean Startup Cycle, emphasizing the importance of utilizing the Business Model Canvas. This framework serves as a visual tool that encapsulates nine essential components of a business model on a single page. These components include customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partners, and cost structure.
Startups are encouraged to critically analyze these building blocks to ensure a comprehensive understanding of their business model. Executives are prompted to engage in a series of probing questions related to each component. For instance, when examining customer segments, they should consider which customers are receiving value and identify the most significant customers. This inquiry is crucial for tailoring offerings to meet customer needs effectively.
The slide also highlights the cost structure, where executives might explore questions about the most significant costs associated with their business model. This includes identifying which resources are the most expensive and determining whether these costs are fixed or variable. Such analysis is vital for optimizing resource allocation and ensuring financial sustainability.
Ultimately, the Business Model Canvas is positioned as a strategic tool that aids startups in conceptualizing and refining their business models. By systematically organizing assumptions and insights into this framework, startups can enhance their innovation processes and better align their strategies with market demands.
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
ABOUT FLEVYPRO
This document is part of the FlevyPro Library, a curated knowledge base of documents for our FlevyPro subscribers.
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
Read Customer Testimonials
"I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact
that it is not at all just a repository of documents/resources but, in the way that David and his team manage the firm, it is like dealing with consultants always ready to assist, advise and direct you to what you really need, and they always get it right.
I am an international hospitality accomplished senior executive who has worked and lived during the past 35 years in 23 countries in 5 continents and I can humbly say that I know what customer service is, trust me.
Aside from the great and professional service that Flevy's team provide, their wide variety of material is of utmost great quality, professionally put together and most current.
Well done Flevy, keep up the great work and I look forward to continue working with you in the future and to recommend you to a variety of colleagues around the world.
"
– Roberto Pelliccia, Senior Executive in International Hospitality
"As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.
The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."
– Dennis Gershowitz, Principal at DG Associates
"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."
– David Harris, Managing Director at Futures Strategy
"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.
Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.
many challenges and there is the need to make the right decisions in a short time, with so much scattered information, we are fortunate to have Flevy. Flevy investigates, selects, and puts at our disposal the best of the best to help us be successful in our work.
"
– Omar Hernán Montes Parra, CEO at Quantum SFE
"[Flevy] produces some great work that has been/continues to be of immense help not only to myself, but as I seek to provide professional services to my clients, it gives me a large "tool box" of resources that are critical to provide them with the quality of service and outcomes they are expecting."
– Royston Knowles, Executive with 50+ Years of Board Level Experience
"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The
quality of the decks available allows me to punch way above my weight – it's like having the resources of a Big 4 consultancy at your fingertips at a microscopic fraction of the overhead.
"
– Roderick Cameron, Founding Partner at SGFE Ltd
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I
saved. I encountered a download issue during the ordering process. However, a quick email to Flevy's support team, even on a Sunday (!!!), resulted in assistance within less than an hour, allowing me to download the content I needed. Fantastic job, Flevy! I give 5 stars for both content/price and customer service. Thank you!
"
– M. E., Chief Commercial Officer, International Logistics Service Provider
"As a young consulting firm, requests for input from clients vary and it's sometimes impossible to provide expert solutions across a broad spectrum of requirements. That was before I discovered Flevy.com.
Through subscription to this invaluable site of a plethora of topics that are key and crucial to consulting, I
have been able to exceed expectations and deliver quality advice and solutions to my clients. The quality and expertise of the authors are exemplary and gives me great confidence to use as part of my service offerings.
I highly recommend this company for any consultant wanting to apply international best practice standards in their service offerings.
"
– Nishi Singh, Strategist and MD at NSP Consultants
Receive our FREE presentation on Operational Excellence
This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks.
Receive our FREE presentation on Operational Excellence
Get Our FREE Product.
This 50-slide presentation provides a high-level introduction to the 4 Building Blocks of Operational Excellence. Achieving OpEx requires the implementation of a Business Execution System that integrates these 4 building blocks.
Click main image to view in full screen.
