Lean Startup Methodology (PowerPoint PPTX)

DESCRIPTION

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.

Got a question about the product? Email us at flevypro@flevy.com. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Innovation, Continuous Improvement, Lean Thinking PowerPoint Slides: Lean Startup Methodology PowerPoint (PPTX) Presentation, LearnPPT Consulting