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The Lean Startup
(for project managers)
@micdijkstra@carolineggordon
Entrepreneur
#productmanager
#leanproductmanager
UX Tech
Business
Users Product
Business
Customers
Designers
&
Developers
Stakeholders
#leanstartupadvocate
Unlock a new way of thinking.
#knowyourcustomer
“a set of processes used by entrepreneurs
to develop products and markets,
combining Agile Software Development,
Customer Development and existing
software platforms.”
The Lean Startup
It’s about being less wasteful.
“a human institution designed to deliver a
new product or service under conditions
of extreme uncertainty. ”
What is a startup?
9/10
startups fail
#startupsarehard
“We can't predict
the future”
“We don't really know
what customers want”
“Advancing the
plan is progress”
Sound familiar?
“Startups don't have much time or budget
so they need to be resourceful.”
The Problem
It’s about being less wasteful.
Catalyst Recruiting
#fail
Didn't understand the wants of
their target customers.
Three Inc.
#fail
Product did not represent
consumer demand.
#customersfirst
Figure out how to meet what
the customer demands.
#win
Everything is an assumption
that needs to be tested.
Identify and test your riskiest
assumptions first.
There are no facts
inside your building,
so get outside.
#safetofail
#failearly
Optimise for learning.
Monitor speed of learning.
Validate your
riskiest assumptions,
as quickly as possible.
#startuptools
The Lean Canvas
Who has this problem?
	 - who are your target customers?
What problem are you trying to solve?
	 - is it really a problem?
Why should they care?
	 - do you provide enough value?
Validate your assumptions
The Lean Canvas
#buildit
Optimise for learning.
Source: http://minimumviablepants.tumblr.com/image/10561315925
The MVP
Minimum amount of features
required to learn.
It’s about being less wasteful.
#measureit
We believe our talk will educate project managers on the
Lean Startup.
This will be validated when 7 out of 10 project
managers in the audience confirm they know how to use
Lean Startup in their work.
Validate your hypotheses with qualitative data
We believe project managers want to know how the
Lean Startup relates to them.
This will be validated when 500 project managers
download the presentation of our video.
Validate your hypotheses with quantitative data
#testit
“If we have data, let’s look at data.
If all we have are opinions,
let’s go with mine.”
Jim Barksdale, former CEO of Netscape
Use your data.
#pivot
or
#persevere
Life’s too short to build
something nobody wants.
#customersfirst
WHAT DOES IT
MEAN TO ME?
Risk
Management
Projects Lean
Startup
@carolineggordon
Control
Prune
Optimise
build
Optimise
business
1. Lean startup is risk management
2. Waste before project starts
3. Cultural change
Hypotheses
#leanstartup
is
#riskmanagement
Risk
Management
Projects Lean
Startup
The risk is that bad things
will happen.
Project Risk
Such a low chance that we
assume it won’t.
Project Assumption
Drive down risk
- mitigations
- fallbacks
- contingencies
Project managers
No risks,
just assumptions.
No mitigations,
just experiments.
Project managers actively drive risk down.
Agile
Assumptions are validated with real experiments.
Lean Startup
Solution handed to team by Product Owner as a
product backlog.
Agile
The solution emerges as assumptions are
validated.
Lean Startup
Iterates the process of building the product.
Agile
Iterates the process of solving the problem.
Lean Startup
What are the risks of building this product?
Agile
What is the risk that this is a problem?
Lean Startup
Business model assumed.
Agile
Business model validated.
Lean Startup
Experiments
#wastebeforeprojectstart
Do customers have the problem?
If there was a solution, would they buy it?
Would they buy it from us?
Can we build a solution for the problem?
Lean Startup Product Development
Do users have the problem?
If there was a solution, would they use it?
Would they fund a project for this?
Can we build a solution?
Lean Startup Internal Customers
Do customers have the problem?
If there was a solution, would they buy it?
Would they buy it from us?
Can we build the solution?
Agile Product Development
Project X
Projects
though the
approval
funnel
Ideas
through the
validation
funnel
Projects Lean
Startup
One
expensive
experiment
= the
project
Many cheap
experiments
Idea Screen
Business Case
Go to Development
Iterate
Deliver MVP
#culturalchange
Turn the entire decision making
process of the organisation
upside down.
The start of a cultural change.
#itsokaytofail
#seekoutvalidation
Create an organisation of
intrapreneurs.
#learning
Now I have a hammer,
all I see are nails.
Determine the context
Is there a reasonable risk that this won’t solve the
problem?
Is the situation so complex it’s hard to know what effect
this change will really have?
Is there a proven business model / known efficiencies for
this product?
Is this a variation on what we have done many times
before?
1. Are your assumptions valid?
2. How can you validate them?
3. Create a Lean Canvas to use along with your risk
register.
Use it for conversations with stakeholders and the team.
What a project manager can do
Be a change agent.
Fin.
@micdijkstra@carolineggordon

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