Showing posts with label entrepreneur. Show all posts
Showing posts with label entrepreneur. Show all posts

Friday, November 8, 2013

The Lean Startup

Sharing a few favorites from The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries.  Even though I am not starting my own business any time soon or even ever, I do see clear connections between entrepreneurship and reshaping the way schools are structured.  Often Startup and Schools are rarely mentioned in the same breath unless it is in reference to a charter school.  However, the entrepreneurial spirit needs to be applied to more traditional public academic institutions.  Building unique pathways within a public school is an area worth investigating.  The mindset and process disseminated in The Lean Startup serves as a guide to reflect on established structures and begin the process of thinking of new paradigms, programs, and academic pathways.


A startup is a human institution designed to create a new product or service under conditions of extreme uncertainty.

Lean thinking is radically altering the way supply chains and production systems are run. Among its tenets are drawing on the knowledge and creativity of individual workers, the shrinking of batch sizes, just-in-time production and inventory control, and an acceleration of cycle times

The goal of a startup is to figure out the right thing to build—the thing customers want and will pay for—as quickly as possible. In other words, the Lean Startup is a new way of looking at the development of innovative new products that emphasizes fast iteration and customer insight, a huge vision, and great ambition, all at the same time.

Instead of making complex plans that are based on a lot of assumptions, you can make constant adjustments with a steering wheel called the Build-Measure-Learn feedback loop. Through this process of steering, we can learn when and if it’s time to make a sharp turn called a pivot or whether we should persevere along our current path

Leadership requires creating conditions that enable employees to do the kinds of experimentation that entrepreneurship requires

the fundamental goal of entrepreneurship is to engage in organization building under conditions of extreme uncertainty, its most vital function is learning. We must learn the truth about which elements of our strategy are working to realize our vision and which are just crazy. We must learn what customers really want, not what they say they want or what we think they should want. We must discover whether we are on a path that will lead to growing a sustainable business

The question is not “Can this product be built?” In the modern economy, almost any product that can be imagined can be built. The more pertinent questions are “Should this product be built?” and “Can we build a sustainable business around this set of products and services?

At Toyota, this goes by the Japanese term genchi gembutsu, which is one of the most important phrases in the lean manufacturing vocabulary. In English, it is usually translated as a directive to “go and see for yourself” so that business decisions can be based on deep firsthand knowledge

Numbers tell a compelling story, but I always remind entrepreneurs that metrics are people, too. No matter how many intermediaries lie between a company and its customers, at the end of the day, customers are breathing, thinking, buying individuals.

Sunday, March 25, 2012

Worth Reading

Just wanted to share links to articles and resources I came across this week.

1. Entrepreneurial Learners (Richardson)- Will Richardson shares his thoughts about a recent keynote address delivered by John Seely Brown.  A link to the keynote is included in the Richardson post.

What I especially like in this description is the idea that it conveys a real sense of the flexibility our kids are going to have to have to succeed. They will need to adapt to many different opportunities, be self-directed and creative, and transparent in the ways they share their work

2. You Don't Think All Kids Can Learn (Sanders)- speaking out against those who feel you can only teach "motivated" students.  Posting raises a point that it is the responsibility of teachers to inspire all. 

As educators, it is our job to light the fires underneath our students and show them that the world is a place that can be changed. We must encourage curiosity, critical thinking, and embrace mistakes our students make. 

3.  Viral Video, Vicious Warlord (Kristof)- thoughtful take on the "Kony 2012 Video by time columnist Nicholas Kristof. 

The video doesn’t contain errors, but it does simplify things greatly to hold attention. Complexity is, er, complicated: It has been a leading excuse for inaction during atrocities — during the Armenian genocide, during the Holocaust, during Rwanda, during the Bosnian slaughter. Each episode truly was complicated, but, in retrospect, we let nuance paralyze us. 

4.  Crisis Commons- leveraging volunteerism and technology to take an innovative approach to crisis management.  

Crisis Commons is a global community of volunteers from technology, crisis response organizations, government agencies, and citizens that are working together to build and use technology tools to help respond to disasters and improve resiliency and response before a crisis.

5.  Q&A: Frank Rose on digital storytelling and media immersion- Frank Rose explains how the digital generation is changing the way we tell stories.  Article worth sharing and discussing with students.  How do we foster the ability to tell stories?

Digital turns that on its ear, because suddenly the need to stamp out products mechanically gives way to the ability to customize them in response to customer feedback. This is as true of stories as it is of T-shirts. Movies are still a powerful storytelling mechanism, but now they can be augmented by shared storytelling experiences that can play out both online and in the real world.

6.  The World Question Center- access the link to explore individual responses to the question of How Does the Internet Change the Way You Think?

This year's Question is "How is the Internet changing the way YOU think?" Not "How is the Internet changing the way WE think?" We spent a lot of time going back on forth on "YOU" vs. "WE" and came to the conclusion to go with "YOU", the reason being that Edge is a conversation. "WE" responses tend to come across like expert papers, public pronouncements, or talks delivered from stage.