How to Adapt and Flow

At age 26, Chip Conley founded Joie de Vivre Hospitality and grew the company into the second largest boutique hotel brand in the United States.

Learn the valuable insights that have allowed him to flourish while shifting roles and accommodating to cultural change. Hey, and this time you can relax and lean back when watching the 45 minutes video here! 🙂

Design Thinking, Lean Startup and Agile: What is the difference?

Here is a really good write up the upper mentioned “buzz words”. Constantly they are used – not always ‘correctly’ …

Design Thinking, Lean Startup and Agile can be combined as shown in the picture above:

  • Empathize, Define and Ideate through Design Thinking
  • Turn ideas into Business models following the lean startup
  • Build and deliver the product incrementally and faster through Agile processes.

Read the complete original story here.

The Taxonomy of the Lean Startup Pivot

A break down of the many styles of pivots that can take place when running new business experiments.

It’s important to understand which direction you might be going as you generate evidence to validate or invalidate your new business ideas. Keep reading here.

Why Lean is the new way to build successful products

The way companies build successful products has fundamentally changed. New technologies like smartphones, social network or cloud computing have enabled tech-giants like Apple, Google or Amazon to become the most valuable companies in about 20 years. Development method change over time, like:

* Waterfall (1970s) – and still more than 90% seem to use (successfully if the method is the right choice!)
* Agile (1990s) – which brings in at least an iteration when “doing” the product
* Design Thinking (2000s) – which is a more human centered approach
* Lean Innovation (Startup-2000s) – which encourages to learn/fail fast in order to pivot (or stop) early enough

In my opinion lean and design thinking simply belong together to make the most out of it:

* Focus on business models (not only on products)
* Engage customers continuosly
* Combine the methods of design thinking, lean, and agile (they do belong together!)

Read the full article of Stefan Link here.

Why the Lean Start-Up Changes Everything

Some days ago Harvard Business Review has published a video on the impact and importance of Lean-Up. New ventures are searching for a business model, not executing one. Download a customizable version of this video slide deck here (login/registration required). For more, read Why the Lean Start-Up Changes Everything.” It’s a well spent “less than 10 minutes” – Follow this link to the watch video.