business model canvas vs lean canvas vs one-page lean startup

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BUSINESS MODEL CANVAS vs. LEAN CANVAS The OnePage Lean Startup as AllInOne Tool for the Lean Startup Journey Dr. Rod King ROD University for Business Periodic Table Think Big and Different HEROES Visual White Paper

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The Business Plan is the traditional document that established businesses and non-profit organizations as well as startups, entrepreneurs, and innovators use to document their strategy and tactics for achieving goals in projects. However, the traditional business plan is voluminous, complex, filled with grand hypotheses (vision), and becomes increasingly irrelevant as a project proceeds in the real world. In recent years, many individuals and organizations have been abandoning the traditional business/strategic plan in favor of one-page documents that present project plans, business models, and ecosystems. The most common one-page project summaries are currently the tools of the Business Model Canvas, Lean Canvas, and One-Page Lean Startup. This presentation briefly introduces and compares these three business model (ecosystem) mapping tools especially using the workflow of 8 activities for Lean Startup Project Management. Which business model (ecosystem) mapping tool is your favorite? And why? What other tools are you using for summarizing, presenting, and managing your project plans as well as business models and ecosystems? We look forward to hearing from you. Best regards.

TRANSCRIPT

Page 1: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

 

BUSINESS  MODEL  CANVAS  vs.  LEAN  CANVAS              The  One-­‐Page  Lean  Startup  as  All-­‐In-­‐One  Tool  for  the  Lean  Startup  Journey  

       

Dr.  Rod  King  ROD  University  for  Business  Periodic  Table  

Think  Big  and  Different  

HEROES  

Visual  White  Paper  

Page 2: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

TYPICAL  STARTUP  PROJECT  OR  “JOB  TO  BE  DONE”  

To  Efficiently  Build  and  Manage    Products,  Services,  and  Businesses  

That    Customers    

Undeniably  Need,  Want,  and  Love  As  Well  As  

Buy  at  Great  Value  (Profit)  

Page 3: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

     TRADITIONAL  TOOLS  “HIRED”  FOR  ORGANIZING,  PRESENTING,  AND  MANAGING  RESOURCES,  STARTUP  PROJECT,  BUSINESS,  OR  

JOB  TO  BE  DONE  

 BUSINESS  PLAN  

 “JUST  DO  IT”  

Page 4: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

A  PAIN  OF  THE  TRADITIONAL  BUSINESS  PLAN  

“Business  Plan:      

A  document  investors  make  you  write  that  

they  don’t  read.”    

Steve  Blank  

Page 5: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

ALTERNATIVES  TO  A  BUSINESS  PLAN  

 BUSINESS  MODEL  MAP  

 &    

BUSINESS  ECOSYSTEM  MAP  

Page 6: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

A  P  

A  Business  Model  Map    

Or    

A  Business  Ecosystem  Map  Is    

A  Visual  Representa[on  of    

How  a  Business  or  an  Ecosystem  

 

Works  to  Create  Value  

Page 7: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

A  P  

What  Are      

Innova[ve  Tools  For    

Mapping  and  Presen[ng    

Past,  Present,  and  Future    

Business  Models    

As  Well  As    

Business  Ecosystems?  

Page 8: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

BUSINESS  MODEL  CANVAS  Alexander  Osterwalder  

 

A  Strategic  Business  Resources  Scorecard    

Source:  hBp://en.wikipedia.org/wiki/Business_Model_Canvas    

Page 9: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

LEAN  CANVAS  Ash  Maurya  

 

A  Tac3cal  Business  Resources  Scorecard    

Source:  hBp://www.ashmaurya.com/2012/02/why-­‐lean-­‐canvas/    

Page 10: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

The  Third  Way:  The  One-­‐Page  Lean  Startup  

A  Visionary,  Strategic,  and  Tac3cal  Tool    

Page 11: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

A  P  

Every  Business  (Model)    

Is    

An  Ecosystem    

And    

Part  of      

A  Higher  Level  Ecosytem  

Page 12: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

A  P  

ECOSYSTEM  DASHBOARD:  “SEMPORCES”  Logic  and  Fractal  Structure  of  an  Ecosystem  

   

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time    

                                 

Every  Ecosystem  Consists  of  a  Stream  of  9  Resource  Types  or  Stacks  That  Are  Summarized  Using  the  Acronym,  “SEMPORCES”:  

S  

M

E  

P  

R  

C  

E  

O  

S  

Suppliers/Inputs/Partners  

Machinery/Equipment/Infrastructure/Technology  

Process/Strategy/Project  To  Be  Done  

Output  (Product/Service)  

Retailers/Channels/Distributors/CRM  

Customers/Consumers/Market  

Environment  (Global)  

Shared  Dream/Vision/Value/Profit/Experience  

Employees/Culture/Brand/IP   Upstream  (Design:  How?)  Inside  the  Enterprise/  Supply  Infrastructure  

Midstream  (Needs:  What?)  Outside  the  Enterprise/  Demand  Infrastructure  

Downstream  (Aspira3ons:  Why?)  Effect  or  Value  

E  C  O  S  Y  S  T  EM  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 13: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

       

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Business  Model  Industry/Market/Customer  Goal  (Job  To  Get  Done):  ……………………………………………….………………………….  

RED  OCE

AN   BLU

E  OCEAN

 

COST  (STRUCTURE)  

REVENUE  (STREAMS)  

PROFIT  

Processes/  Ac[vi[es  

Employees/  Machinery  

Suppliers/  Inputs/  Partners  

Retailers    (Channels  &  Rela[onships)  

Output  (Product/                    Service)  

Customer  Segments  

Present  (Done):  Problem/Reality  

Future  (To  Do):  Solu3on/Goal  

(Sustaining)   (Disrup\ve)  

Page 14: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

       

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Business  Model  Industry/Market/Customer  Goal  (Job  To  Get  Done):  ……………………………………………….………………………….  

RED  OCE

AN   BLU

E  OCEAN

 

COST  (STRUCTURE)  

REVENUE  (STREAMS)  

PROFIT  

Processes/  Ac[vi[es  

Employees/  Machinery  

Suppliers/  Inputs/  Partners  

Retailers    (Channels  &  Rela[onships)  

Output  (Product/                    Service)  

Customer  Segments  

 V:  Value  Engine  

(Proposi\on/Strategy)  

Present  (Done):  Problem/Reality  

Future  (To  Do):  Solu3on/Goal  

(Sustaining)   (Disrup\ve)  

Page 15: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

       

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Business  Model  Industry/Market/Customer  Goal  (Job  To  Get  Done):  ……………………………………………….………………………….  

RED  OCE

AN   BLU

E  OCEAN

 

COST  (STRUCTURE)  

REVENUE  (STREAMS)  

PROFIT  

Processes/  Ac[vi[es  

Employees/  Machinery  

Suppliers/  Inputs/  Partners  

Retailers    (Channels  &  Rela[onships)  

Output  (Product/                    Service)  

Customer  Segments  

 V:  Value  Engine  

(Proposi\on/Strategy)  

Present  (Done):  Problem/Reality  

Future  (To  Do):  Solu3on/Goal  

(Sustaining)   (Disrup\ve)  

Page 16: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENN  

                       ONE-­‐PAGE  LEAN  STARTUP  (The  2  Spaces)    

   

Solu[on  Space  ECOSYSTEM  DASHBOARD  (SEMPORCES  Dashboard/  

Business  DNA  Map/  MegaMarke3ng  Canvas)  

q     Present  q     Past   q     Future  

Problem  Space  CUSTOMER  TRADE-­‐OFF  DASHBOARD  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 17: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENN  

                       ONE-­‐PAGE  LEAN  STARTUP  (The  2  Mantras)    

   

Problem  Space  “Get  Out  Of  The  Building”  

Solu[on  Space  “Prototype  (Build)-­‐Measure-­‐Learn”  

q     Present  q     Past   q     Future  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 18: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

                                                                                           Design  

                                                     Needs  

                       Asp.  

     Suppliers/  Inputs/  Partners                                          

     Employees/  Culture/  Brand/IP        

 

     Machinery/  Technol./  Infra’        

     Process/  Strategy/  Project          

     Output  (Product/  Service)        

     Retailers/  Channels/  Distributors          

     Customers/  Consumers/  Market        

     Environ-­‐ment:  Global        

     Shared  Value  (Profit)        

S   ME   P   R   C   E  O   S  

D N A

                           “TACTICAL”  ONE-­‐PAGE  LEAN  STARTUP    

CUSTOMER/CLIENT:  …………………………………………………………………………………            Date:……………………………………    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  ………………………………………………………………………………………………………………………    

q     Present  q     Past   q     Future  

Prototype  (Build)   Measure   Learn  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 19: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

DisrupHon  Spot  

Luxury  Spot  

Strategic  Choice  

Sweet  Spot  Model/Startup  

Blue  Ocean  (Value  Innova[on)  Model/Startup  

Luxury  Spot  (Differen[ated/  Sustaining-­‐

[R]evolu[onary)  Model/Startup  

Disrup[on  Spot/Lean  (Disrup[ve  Innova[on)  

Model/Startup  

Market  Segment  (Customer  Job/Crisis/Goal):  ………………….……..……………….…………  ………………………………………………………………………………………..…………….………….………….  

ASPIRATION  MAP:  Types  of  Business  Models/Startups  Where  currently  are  we?  Where  must  we  go?  

 

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

Volcano  Model/Startup  

Green  Ocean  Model/Startup  

Red  Ocean  Model/Startup  

No-­‐Man’s-­‐Island  Model/Startup  

Oasis  (‘Stuck-­‐in-­‐the-­‐middle’)  

Model/Startup  

(-­‐):  PAIN    

             (Risk;  Uncertainty)  

(+):  DELIGHT    

(Reward;  Profitability;  ROI;  

Abundance)  

Insanely  Great  Experience  Ideal  Final  Result  (IFR)  Infinite  Shared  Greatness    

Key  High  Level  of  Customer  Experience    Low  Level  of  Customer  Experience  

6   10  3  

6  

10  

3  

0  

A

Page 20: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

DisrupHon  Spot  

Luxury  Spot  

Strategic  Choice  

One-­‐Page  Lean  Startup  Rod  King  

Business  Model  Canvas  Alexander  Osterwaler  

Lean  Canvas  Ash  Maurya  

Market  Segment  (Customer  Job/Crisis/Goal):  Visually  Document  and  Present  Business  Models/Ecosystems  

ASPIRATION  MAP  For  Business  Model  Canvas,  Lean  Canvas,  and  One-­‐Page  Lean  Startup  Where  currently  are  we?  Where  must  we  go?  

 

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

(-­‐):  PAIN    

             (Risk;  Uncertainty;  Complexity;  Inconvenience;  Time;  Cost;  Waste)  

(+):  DELIGHT    

(Reward;  Profitability;  ROI;  

Abundance;  Func3onality;  Versa3lity;  Scalability)  

Insanely  Great  Experience  Ideal  Final  Result  (IFR)  Infinite  Shared  Greatness    

Key  High  Level  of  Customer  Experience    Low  Level  of  Customer  Experience  

6   10  3  

6  

10  

3  

0  

A

D N A

TRADITIONAL  BUSINESS    PLAN  

Page 21: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

                                                                                           Design  

                                                     Needs  

                       Asp.  

     Suppliers/  Inputs/  Partners    Co-­‐creators  of  Profession-­‐als;  The  Move-­‐ment    

     Employees/  Culture/  Brand/IP    Author  Alexander  Osterwald-­‐er  

 

     Machinery/  Technol./  Infra’    IT  Equip-­‐ment/  Infra-­‐structure    

     Process/  Strategy/  Project    Visualizing/  Document-­‐ing/Innova-­‐\ng  on  a  bus.  model;  Differen\a-­‐tn  Strategy  

     Output  (Product/  Service)    Business  Model  Canvas    

     Retailers/  Channels/  Distributors    Business  model  hub/  Blog;  (App  Store);  Word  of  Mouth;  Amazon  

     Customers/  Consumers/  Market    Visionaries:  Consultants/  Execu\ves/  Investors/  Companies/  Academics/  Entrepreneurs  

     Environ-­‐ment:  Global    Compe\-­‐tors  Bus.  Plan/  Value  Chain/  Balanced  Scorecard  

     Shared  Value  (Profit)    “One-­‐page  Bus.  Model”  Revenue  Sale  of  book/app;  Free  template  

Co-­‐creators  from  Lean  Startup/  Customer  Develop-­‐ment  Community  

Author  Ash  Maurya  

IT  Equip-­‐ment/  Infra-­‐structure    

Document-­‐ing/  valida\ng  hypotheses  of  business  model  (Prob-­‐soln  fit;  product-­‐market  fit)  

Lean  Canvas  -­‐   Fast  -­‐   Portable  -­‐   Concise  -­‐   Effec\ve  

Lean  canvas  (website)    Key  Metrics  A:  Acquisitn  A:  Ac3vatn  R:  Retentn  R:  Revenue  R:  Referral  

Technology-­‐Lean  Startups/  Entrepreneurs  Problems  A  business  plan  is  \me  consuming/  bulky/hardly  relevant  

Compe\-­‐tors  Bus.  Plan/  Business  Model  Canvas    Unfair  Adv:  

“Your  Startup  Blueprint”    Revenue  Sale  of  book;  Free  template  

S   ME   P   R   C   E  O   S  

D N A

                           “TACTICAL”  ONE-­‐PAGE  LEAN  STARTUP  for                                      Business  Model  Canvas  &  Lean  Canvas  

CUSTOMER/CLIENT:  …………………………………………………………………………………            Date:  February  2010    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  Compare  Ecosystem  Resources  of  Business  Model  Canvas  &  Lean  Canvas      

ü     Present  q     Past   q     Future  

Prototype  (Build)   Measure   Learn  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 22: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

“STRATEGIC”  ONE-­‐PAGE  LEAN  STARTUP  (Plan):  Lean  Canvas                  Client/Customer  (Segment/Persona):  Technology-­‐Lean  Startups/Entrepreneurs                Date:  August  2009    PAIN/PROBLEM/TRADE-­‐OFF/NEED/GOAL/JOB:  Unwanted  innova[ve  products/services;  Difficulty  in  organizing  and  managing  informa[on  &  business  model  hypotheses;  “Unac[onable”  canvas  

CONSTRAINTS:  (What  are  constraints/obstacles/barriers/problems  that  prevent  full  realiza\on  of  future  system/vision/  dream/Ideal  Final  Result  (IFR)?  

SHARED  DREAM/  VISION:  Crea\on      of  innova\ve  products  that  customers  want/  buy  

PRESENT  SYSTEM/EXPERIENCE  (Where  currently  are  we?)  

Tools  for  Business  Model  Mapping  

VALUE  TRANSFORMATION  TOOL    -­‐  Evolve,  Explore,  or  Disrupt:  What  if  …  we  (Eliminate/Reduce/Increase/Create)  

FUTURE  SYSTEM/EXPERIENCE  (Where  must  we  go?)  

Short/Medium/Long-­‐term  

(“RED  OCEAN”;  Analog;  An\log)  

 

Business  Model  Canvas  Strategic  Tool  

q     “The  8  Steps  for  Lean  Startup              Project  Management  (LSPM)”  q     Value  Proposi\on  Factors/              Compe\\ve  Features/Criteria  q     STRATEGY/TACTICS/PROCESS  •     Eliminate:  “Key  Partners”;  “Key  Resourc-­‐          es”;  “Key  Ac3vi3es”;  “Customer  Rel.”  •     Reduce:    Abstrac\on  (Strategy-­‐focus)  •     Increase:  Entrepreneurial-­‐focus;          Capability  for  Tes\ng  Problem-­‐Solu\on            Fitness  &  Product-­‐Market  Fitness  •     Create:  “Problem”;  “Solu3on”;              “Key  Metrics”;  “Unfair  Advantage”  

(“BLUE  OCEAN”)      

Lean  Canvas  Tac\cal  Tool  

Zooming  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 23: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

“STRATEGIC”  ONE-­‐PAGE  LEAN  STARTUP  (Plan):  ……………………….……....…        Date:  ……...…..…………      Client/Customer  (Segment/Persona):  …………..……………………..……………………………………………………………..……    PAIN/PROBLEM/TRADE-­‐OFF/NEED/GOAL/JOB:  …………………………………………………………………………..………….            

CONSTRAINTS:  (What  are  constraints/obstacles/barriers/problems  that  prevent  full  realiza\on  of  future  system/vision/  dream/Ideal  Final  Result  (IFR)?  

SHARED  DREAM/  VISION  

PRESENT  SYSTEM/EXPERIENCE  (Where  currently  are  we?)  

VALUE  TRANSFORMATION  TOOL    -­‐  Evolve,  Explore,  or  Disrupt:  What  if  …  we  (Eliminate/Reduce/Increase/Create)  

FUTURE  SYSTEM/EXPERIENCE  (Where  must  we  go?)  

Short/Medium/Long-­‐term  

(“RED  OCEAN”;  Analog;  An\log)  

q   “The  8  Steps  for  Lean  Startup              Project  Management  (LSPM)”  q     Value  Proposi\on  Factors/              Compe\\ve  Features/Criteria    q     STRATEGY/TACTICS/PROCESS  •     Eliminate:    

•     Reduce:  

•     Increase:  

•     Create:    

(“BLUE  OCEAN”)  

Zooming  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 24: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENN  

                     “VISIONARY”  ONE-­‐PAGE  LEAN  STARTUP:  Lean  Canvas                                                      

CUSTOMER/CLIENT:  Technology-­‐Lean  Startups/Entrepreneurs                Date:  June  2009    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  Threat  or  reality  of  unwanted  innova[ve  products/services  

q     Present  q     Past   ü     Future  

INTERNAL/EXTERNAL  MEANS  (TOOL:  Lean  Canvas)  (Resources:  People/Culture-­‐Process/Strategy-­‐Product/Service)  

     SHARED        DREAM/          VISION:        Crea\on          of      innova\ve          products  that      customers        want/      buy    

END  (Value)  

Prototype  (Build)  -­‐    Measure   Learn  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 25: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENN  

                           “VISIONARY”  ONE-­‐PAGE  LEAN  STARTUP    

CUSTOMER/CLIENT:  …………………………………………………………………………………            Date:……………………………………    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  …………………………………………………………………………………………………………    

q     Present  q     Past   q     Future  

INTERNAL/EXTERNAL  MEANS  (TOOL)  (Resources:  People/Culture-­‐Process/Strategy-­‐Product/Service)  

     SHARED        DREAM/          VISION  

END  (Value)  

Prototype  (Build)  -­‐    Measure   Learn  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 26: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

A  P  

 

PYRAMID  OF  DASHBOARDS    

FOR    

ONE-­‐PAGE  LEAN  STARTUP  

   

Visionary  One-­‐Page  Lean  Startup  

 Strategic    

One-­‐Page  Lean  Startup  

 Tac[cal  (Opera[onal)  One-­‐Page  Lean  Startup  

Right-­‐Brain  Perspec3ve  (Big  Picture:  Visionaries/Leaders)  

Le_-­‐Brain  Perspec3ve  (Details:  Pragma\sts/  Operators/Builders)  

Total-­‐Brain  Perspec3ve  (Managers/Strategists/Marketers)  

 

Why?  

How?  

What?  

Page 27: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

Lean  Startup  Project  Management  

The  Lean  Startup  Journey    

Page 28: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENN  

4  Phases  of  a  Successful  Lean  Startup  or  Business  Model  Cycle                (The  Lean  Startup  Journey:  Evolu3onary  Hypotheses  vs.  Reality)  

Infancy  (Prototype)  

Time  

Custom

er  Experience,  Happine

ss,  or  V

alue

 =  De

light/Pain  

Growth  (Op\mize)  

Maturity  (Scale)  

Renewal  (Renew)  

Chasm  (Trac3on;  Tipping  Point;  Product-­‐Market  Fit)  

 

Fault  (Line)  

                     ONE-­‐PAGE  LEAN  STARTUP  (Lean  Startup  Journey)    

CUSTOMER/CLIENT:  …………………………………………………………………………………            Date:……………………………………    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  ……………………………………………………………………………………………………………    

q     Present  q     Past   q     Future  

Tradi\onal/Hypothe\cal  Ecosystem  Demand    (Market,  Industry,  Enterprise,  or  Technology)  

     SHARED        DREAM/          VISION:  

Ideal  Final  Result  (IFR)  

Requirements    for  

Insanely  Great  Customer  Experience  

 

Angel  Funding  (Up  to  $100,000)  

Seed  Funding  ($100,000-­‐$1M)  

Venture  Funding  ($1M-­‐$5M)  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 29: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENN  

q       SHARED                DREAM/                VISION    

-­‐     Start  -­‐     Define  -­‐     Learn  -­‐     Experiment  Elimina\on  of  Big  Urgent  Market  Problems  (BUMPs)  

                           ONE-­‐PAGE  LEAN  STARTUP  (LS  Methodology)    

CUSTOMER/CLIENT:  …………………………………………………………………………………            Date:……………………………………    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  ………………………………………………………………………………………………………………    

q     Present  q     Past   q     Future  

MEANS  (TOOL:  What?  How?  Resources:  People/Culture-­‐Process/Strategy-­‐Product/Service)    (Itera3vely  Develop  Natural,  Planned,  and/or  Disrup3ve  Customer  Ecosystem)  

LEAN  STARTUP  (LS)  PROJECT  MANAGEMENT  q     STEER:  “BUILD-­‐MEASURE-­‐LEARN”  VALIDATED  LEARNING  LOOP  

           -­‐    Leap  (Big  Problem;  Vision/Hypotheses/Value  (Proposi3on))              -­‐    Test  (Criteria  for  Problem;  Minimum  Viable  Product(MVP))              -­‐    Measure  (Ac3onable  Metrics  for  Customer  Growth)              -­‐    Pivot  (or  Persevere)                      (Strategy/Business  Model/Customer  Ecosystem)  

q     ACCELERATE:  LAUNCH-­‐SCALE    

           -­‐    Batch  (Size/Version;  Time/Cycle)              -­‐    Grow  (Engines  of  Customer  Growth)              -­‐    Adapt  (Adap3ve  Org./5  Whys)              -­‐    Innovate  (Disrup3ve  Inno.)  

 

Unique  Summary  and  Visual  Model  of  Eric  Ries’s  Book,  “The  Lean  Startup”  

Renew  (Renew/Disrupt)  

Birth  [STEER/Pilo

t]  

(Search:  Discover

/Validate  Prototyp

e  or    

Minimum  Viable  Customer  Ecosys

tem)  

END  (Value/  Why?)  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 30: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

                     THE  ASPIRATIONS  OF  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)      

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

Developed  by  VDD  University  and    related  to  Eric  Ries’s  “The  Lean  Startup,”  

the  scalable  methodology  of  Lean  Startup  Project  Management    

has  as  its  highest  goal  elimina[on  of  the  high  rate  of    

customer  non-­‐adop[on  (non-­‐buy-­‐in)  especially  of  

new  or  innova[ve  products/services    #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 31: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

A  P  

Lean  Startup  Project  Management  Starts  With    The  BUMP  

(Big  Urgent  Market  Problem)  Ques[on:  

Why  Differently  Improve  The  Customer  Experience  of  “X”?  

 

THE  B.U.M.P.  QUESTION  FOR  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)        

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time    

                                 

Note:    “X”  is  an  element  or  resource  in  an  ecosystem  such  as  customers  or  product/service  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 32: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

                                 “SOLUTION  SPACE”  (Product)                    “PROBLEM  SPACE”  (Market)  

Established  Solu[on  (Established  Product/Service/  Tool/Technology)  

Unestablished  Solu[on  (Unestablished  Product/  Service/Tool)  

Established  Problem  (Established  Market/BUMP/Job/  Need)          

ESTABLISHED  BUSINESS  Ø     Established  Market  (Problem)  Ø     Established  Solu\on                (Product/Service/Technology)  

 “Six  Sigma  Way”/“Red  Ocean  Way”/  

”Business  Planning  Way”  

ESTABLISHED  PROBLEM  (Market)  SEARCHING  FOR  UNESTABLISHED  SOLUTION  (Product/Service/Technology)  

 “Harvard  Business  School  (HBS)  Way”/“Market  Planning  Way”  

Unestablished  Problem  (Unestablished  Market/BUMP/Job/  Need)  

ESTABLISHED  SOLUTION  (Product/Service/Technology)  SEARCHING  FOR  UNESTABLISHED  PROBLEM  (Market)  

     

“MIT  University  Way”/  “Product  (Technology)  Planning  

Way”  

Classic  LEAN  STARTUP  q     Unestablished  Problem              (Market)  q     Unestablished  Solu\on                (Product/Service/Technology)  

 “Stanford  University  (SU)  Way”/  

“Lean  Startup  Way”/  “Blue  Ocean  Way”/  

“Business  Model  Way”  

(-­‐):  Product  Risk  

(+):  Market  P

redictab

ility  

3

1 2

4

THE  4  APPLICATIONS  OF  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)  What  way  or  domain  is  your  focus?  

   

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time    

                                 

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 33: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  8.  PERSEVERE  OR  PIVOT    q   Repeat  spiral  of  steps  to  achieve            product-­‐market  fit/value  proposi-­‐            \on/vision/mission.  Then,  scale  q   Otherwise,  pivot  (on  the  strategy/            vision).  Abandon  the  project???  

   4.  BUILD    q   Assign  finish  date  and  metrics  to          planned  project  ac[vi[es  or  tac[cs  q   State  verifiable  targets,  criteria,  or            milestones  for  each  ac\vity/tac\c  q   Build  prototype:  Min.  Viable  Prod.  

1.  TEAM    q   Form  a  “Co-­‐crea[on  Dream  Team”              for  managing  the  ecosystem  of  the            lean  startup  project  as  well  as            iden\fying  needs  of  stakeholders  q   Look  for  synergy  in  ecosystem  

6.  REVIEW    q   Review  progress  and  gaps  of  lean            startup  project:  daily/weekly/              monthly/quarterly/annually  q   Determine  and  document  what              next  ac\vi\es  to  do  

5.  MEASURE    q   External  Valida3on:  Get  out  of  the            enterprise  and  test  most  cri[cal              risks  &  assump[ons  of  resources  q     Internal  Valida3on:  Test  and                validate  internal  assump\ons  

2.  LEAP    q   Complete  the  Project  Charter  that            describes  customer,  big  problems,              vision,  resources,  and  dura[on  as                well  as  success  criteria  (ROI;  cust.            experience)  for  startup  project  

THE  8  STEPS  FOR  

LEAN  STARTUP  PROJECT  MANAGEMENT  

(LSPM):  Roadmap,  Workflow,    and  

Deliverables  

   3.  DESIGN    q   Document  and  review    trade-­‐offs              in  ecosystem  (business  model)  for            exis\ng  (‘as  is’)  analogs  &  an[logs    q   Devise  plan  (hypotheses/assump-­‐            [ons)  &  design  (‘to  be’)  strategy      

7.  LEARN    q   Analyze  gaps/failures/successes  q   An\cipate  future  adop[on  and            weakest  links.  Devise  experiments  q   Summarize/Share  lessons  learned  q   Summarize/Share  insights  

HEROES  THE  8  STEPS  FOR  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)  “The  8  Habits  of  ALL  Highly  Successful  Innovators  and  Blue  Ocean-­‐Lean  Startups”  

 

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 34: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  8.  PERSEVERE  OR  PIVOT              

   4.  BUILD                

1.  TEAM              

6.  REVIEW              

5.  MEASURE              

2.  LEAP              

THE  8  STEPS  FOR  

LEAN  STARTUP  PROJECT  MANAGEMENT  

(LSPM):  Roadmap,  Workflow,    and  

Deliverables  

   3.  DESIGN                  

7.  LEARN              

HEROES  THE  8  STEPS  FOR  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)  

                 Progress  Report  for  ……………………………..………………………………………          Date:  …………………………..    

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 35: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

THE  8  STEPS-­‐MATRIX  FOR  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)      

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

8  STEPS/  ACTIVITIES/  JOBS/STORIES  FOR  LSPM  

CHECKLIST  OF  TASKS/  RESULTS/  

DELIVERABLES  

1.  Team   Team/Stakeholders  in  Ecosystem  

2.  Leap   Problem/Vision/Customer  Experience  

3.  Design   “As  Is”  (Analogs/An\logs)  &  “To  Be”  Business  Model/Ecosystem;  Strategy/  Tac\cs;  Value  Proposi\on/Tagline  

4.  Build   Program;  Metrics  (KPIs);  Prototype/  Minimum  Viable  Product  (MVP)  

5.  Measure   Customer  Feedback/Response/Ra\ng/  Success  Criteria:  Value  Proposi\on  

6.  Review   Progress  Report:  Gaps;  Value  Prop.;  To  Do  (“What  Next?”/Future)  List  

7.  Learn   Root-­‐cause  Analysis/Modeling;  Lessons  Learned/Insights  

8.  Persevere              or  Pivot  

Itera\on  Cycle:  Problem-­‐Solu\on  Fit/  Product-­‐Market  Fit;  Pivot/Abandon?  

q     BUMP-­‐Tool  Fitness  Project  q     BUMP  Discovery  Project     q     Customer  Growth  Project   q     Company  Maturity  Project  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 36: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

   THE  8  STEPS-­‐KANBAN  MATRIX  FOR  LEAN  STARTUP  PROJECT  MANAGEMENT  (LSPM)      

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

8  STEPS/  ACTIVITIES/  JOBS/STORIES  FOR  LSPM  

CHECKLIST  OF  TASKS/  RESULTS/  

DELIVERABLES  

KANBAN  MATRIX  -­‐  Work  

DONE  (Past  Reality/  

Facts)  

IN  PROGRESS  (Present  Reality/  

Facts)  

TO  DO  (Future/Backlog/  Hypotheses/Plan)  

1.  Team   Team/Stakeholders  in  Ecosystem  

2.  Leap   Problem/Vision/Customer  Experience  

3.  Design   “As  Is”  (Analogs/An\logs)  &  “To  Be”  Business  Model/Ecosystem;  Strategy/  Tac\cs;  Value  Proposi\on/Tagline  

4.  Build   Program;  Metrics  (KPIs);  Prototype/  Minimum  Viable  Product  (MVP)  

5.  Measure   Customer  Feedback/Response/Ra\ng/  Success  Criteria:  Value  Proposi\on  

6.  Review   Progress  Report:  Gaps;  Value  Prop.;  To  Do  (“What  Next?”/Future)  List  

7.  Learn   Root-­‐cause  Analysis/Modeling;  Lessons  Learned/Insights  

8.  Persevere              or  Pivot  

Itera\on  Cycle:  Problem-­‐Solu\on  Fit/  Product-­‐Market  Fit;  Pivot/Abandon?  

q     BUMP-­‐Tool  Fitness  Project  q     BUMP  Discovery  Project     q     Customer  Growth  Project   q     Company  Maturity  Project  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 37: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

WORKFLOW  SIMILARITIES  AND  DIFFERENCES  REGARDING  TOOLS  FOR  BUSINESS  MODEL  PRESENTATION  AND  ECOSYSTEM  MAPPING  

 

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

8  STEPS/  ACTIVITIES/  JOBS/STORIES  FOR  LSPM  

CHECKLIST  OF  TASKS/  RESULTS/  

DELIVERABLES  

BUSINESS  MODEL  CANVAS  

LEAN    CANVAS  

ONE-­‐PAGE    LEAN  STARTUP  (Ecosystem  Dashboard)  

1.  Team   Team/Stakeholders  in  Ecosystem   ü     

2.  Leap   Problem/Vision/Customer  Experience   ü      ü       

3.  Design   “As  Is”  (Analogs/An\logs)  &  “To  Be”  Business  Model/Ecosystem;  Strategy/  Tac\cs;  Value  Proposi\on/Tagline  

ü      ü      ü     

4.  Build   Program;  Metrics  (KPIs);  Prototype/  Minimum  Viable  Product  (MVP)  

ü      ü     

5.  Measure   Customer  Feedback/Response/Ra\ng/  Success  Criteria:  Value  Proposi\on  

ü      ü     

6.  Review   Progress  Report:  Gaps;  Value  Prop.;  To  Do  (“What  Next?”/Future)  List  

ü      ü      ü     

7.  Learn   Root-­‐cause  Analysis/Modeling;  Lessons  Learned/Insights  

ü     

8.  Persevere              or  Pivot  

Itera\on  Cycle:  Problem-­‐Solu\on  Fit/  Product-­‐Market  Fit;  Pivot/Abandon?  

ü      ü     

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 38: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

Structural  Similari[es  and  Differences  

In    Tools  for  

Business  Model  Presenta[on  And  

Ecosystem  Mapping  

Page 39: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

                                                                                           Design  

                                                     Needs  

                       Asp.  

     Suppliers/  Inputs/  Partners        

     Employees/  Culture/  Brand/IP    

     Machinery/  Technol./  Infra’    

     Process/  Strategy/  Project      

     Output  (Product/  Service)    

     Retailers/  Channels/  Distributors      

     Customers/  Consumers/  Market    

     Environ-­‐ment:  Global    

     Shared  Value  (Profit)    

INPUT  (Object:  S1)  

SUBJECT  (Field:  F)  

TOOL  (S2)  

PROCESS  (Opera3on)  

OUTPUT   CHANNEL   CUSTOMER   ENV.  (Supersys.)  

RESULT  (Effect:  -­‐/+)  

S   ME   P   R   C   E  O   S  

D N A

STRUCTURAL  SIMILARITIES  AND  DIFFERENCES  IN  TOOLS  FOR  

BUSINESS  MODEL  PRESENTATION  AND  ECOSYSTEM  MAPPING    

Busine

ss  M

odel                

Canvas  

Agile  Business  C

ockp

it  (Ecosystem

 Dashb

oard)  

Lean

   Can

vas  

Alexan

der  

 Osterwalder  

Rod  King

 Ash  Mau

rya  

Cost  (C$)  

Revenue  (R$)  

Unique  Value    Prop.  

Problem  

Customer  Segments  

Cost  

Revenue  Solu[on  Key  

Metrics  

TRIZ  

Value    Prop.  (VP)  

Key  Resources  

(KR)  

Key  Ac[vi[es  

(KA)  

Key  Partners  (KP)  

Customer  Rel.  (CR)  

Customer  Segments  

(CS)  

Channels   Unfair  Adv.  

Channels  (CH)  

System

/  Story  Plot  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 40: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

                                                                                           Design  

                                                     Needs  

                       Asp.  

     Suppliers/  Inputs/  Partners        

     Employees/  Culture/  Brand/IP    

     Machinery/  Technol./  Infra’    

     Process/  Strategy/  Project      

     Output  (Product/  Service)    

     Retailers/  Channels/  Distributors      

     Customers/  Consumers/  Market    

     Environ-­‐ment:  Global    

     Shared  Value  (Profit)    

INPUT  (Object:  S1)  

SUBJECT  (Field:  F)  

TOOL  (S2)  

PROCESS  (Opera3on)  

OUTPUT   CHANNEL   CUSTOMER   ENV.  (Supersys.)  

RESULT  (Effect:  -­‐/+)  

S   ME   P   R   C   E  O   S  

D N A

ONE-­‐PAGE  LEAN  STARTUP  For  Universal  Business  Modeling  Universal  Modeling  Plarorm  

 

Use  the  “DNA”  of  the  Universal    Modeling  Plakorm  to  Generate  Your  Customized  Business  Model  Dashboard  

Busine

ss  M

odel                

Canvas  

Agile  Business  C

ockp

it  (Ecosystem

 Dashb

oard)  

Lean

   Can

vas  

(VP)  (KR)   (KA)  (KP)  

Alexan

der  

 Osterwalder  

Rod  King

 Ash  Mau

rya  

(CR)   (CS)   (C$)  

(R$)  

UVP  

Problem  

Unfair  Adv.  

CS   C$  

R$  Solu[on  

System

/  Story  Plot  

TRIZ  

Key  Metrics  

CH  

(CH)  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 41: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

                                                                                           Design  

                                                     Needs  

                       Asp.  

     Suppliers/  Inputs/  Partners        

     Employees/  Culture/  Brand/IP    

     Machinery/  Technol./  Infra’    

     Process/  Strategy/  Project      

     Output  (Product/  Service)    

     Retailers/  Channels/  Distributors      

     Customers/  Consumers/  Market    

     Environ-­‐ment:  Global    

     Shared  Value  (Profit)    

INPUT  (Object:  S1)  

SUBJECT  (Field:  F)  

TOOL  (S2)  

PROCESS  (Opera3on)  

OUTPUT   CHANNEL   CUSTOMER   ENV.  (Supersys.)  

RESULT  (Effect:  -­‐/+)  

S   ME   P   R   C   E  O   S  

D N A

Busine

ss  M

odel                

Canvas  

Agile  Business  C

ockp

it  (Ecosystem

 Dashb

oard)  

Lean

   Can

vas  

       AGILE  BUSINESS  COCKPIT  (ABC)        

CUSTOMER/CLIENT:  …………………………………………………………………………………            Date:……………………………………    

PAIN/PROBLEM/TRADE-­‐OFF/GOAL/NEED/JOB:  ………………………………………………………………………………………………………………………    

q     Present    (In  Progress)  q     Past    (Done)   q     Future    (To  Do)  System

/  Story  Plot  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 42: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

ITENNWH  

MACRO-­‐STRUCTURE  OF  THE  AGILE  BUSINESS  COCKPIT  (ABC)  The  2  Mini-­‐dashboards  of  the  Real-­‐[me  Ecosystem  Dashboard  

 

Collabora3vely  Document  and  Solve  Big  Urgent  Market  Problems  (BUMPs)  in  Real  Time  

AGILE  BUSINESS  COCKPIT  Real-­‐[me  Ecosystem  Dashboard  

 

Agile  Product  Dashboard  

 

Agile  Marke[ng  Dashboard  

 

S   ME   P   R   C   E  O   S  

R   C   E  O   S  S   ME   P   O  

 #BMYacht.  Dr.  Rod  King.  [email protected]  &  hbp://businessmodels.ning.com  &  hbp://twiber.com/RodKuhnKing  

Page 43: Business Model Canvas vs Lean Canvas vs One-Page Lean Startup

Join  us    At  

Red  Ocean  Disrup[on  (ROD)  University  

For  Business  Periodic  Table  

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