Filtering by Category: Business Model Generation

5 Of Our Latest Posts On Testing New Business Ideas

Added on by Strategyzer.

You may have noticed we've been publishing content around testing new business ideas. In this post, we list out some of the popular ones our readers have been enjoying. We're also working on a Lean Startup course to help companies get better at testing new business ideas. Sign up to get notified when the course goes live.

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Analysis Paralysis…Innovators Move Fast

Added on by Alexander Osterwalder.

Refining your idea too much in the early stages of testing is a trap. Uncertainty and risk is at its maximum when you start out. You can’t reduce uncertainty with analytical thinking, so don’t waste your time perfecting your idea. It’s really about getting out there, searching for evidence, and iterating.

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You Can’t Pick The Winners Without Investing in The Losers

Added on by Alexander Osterwalder.

To pick the home runs you need to invest in a lot of losers and mediocre projects. The data from early stage venture capital clearly illustrates this. If executives in companies knew the data, they would probably not expect a majority of projects to become a winners.

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What Can You Expect After A 12 Week Innovation Sprint?

Added on by Alexander Osterwalder.

With our Strategyzer Innovation Sprints, we help major companies go from ideation to early validation in 12 weeks. That's long enough to produce results (even in B2B) and short enough to put pressure on teams. One question that always comes up when we start: what can teams expect after 12 weeks?

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How To Build Invincible Companies

Added on by Alex Osterwalder & Yves Pigneur.

It’s more important than ever for companies to focus on inventing the future. Companies have to start giving more power and prestige to growth innovation, or risk becoming irrelevant. Yves Pigneur and I explain three crucial areas to address this challenge.  

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2018 Strategyzer Bootcamp: Become A Business Model Innovation Coach

Added on by Alexander Osterwalder.

In June 2018, Strategyzer is hosting a 3rd edition of its intense 5 day bootcamp for business coaches who want to get to the next level in business model/value proposition design and Lean Startup. You will learn from me, 1-on-1, about the trade secrets my team and I have developed based on global bestsellers Business Model Generation and Value Proposition Design. To ensure a unique and personalized experience, the bootcamp is exclusive only for successful applicants. Learn more. 

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StratChat Replay: Introduction To Strategyzer Tools

Added on by Strategyzer.

Strategyzer co-founder Alan Smith walks you through our suite of tools along with best practice use cases and real company examples. If you've just joined Strategyzer or are in the early stages of working with our tools, this webinar will help you get started.  We're also extending a special offer to replay audiences (details at bottom of this blog post). 

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How To Systematically Reduce The Risk & Uncertainty Of New Ideas

Added on by Alexander Osterwalder.

As an innovator & entrepreneur your #1 task is to reduce the risk and uncertainty of new business ideas before you invest big and scale. In this post we outline one of the several big ideas we’ve developed in a project on innovation metrics with three large multinational companies and an SME.

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Why Teams Are Terrified To Pitch Their Ideas The "Right Way"

Added on by Alexander Osterwalder.

In many organizations leadership is used to judging ideas, and teams are used to making their (unproven) ideas look picture perfect. That is the worst possible context to pitch new business ideas. The right way? Present the ideas in their rawest form possible, only supported by the evidence proving they might work.

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Ideas Don’t Matter In Innovation & Entrepreneurship

Added on by Alexander Osterwalder.

The big myth in innovation is that if you find  the “best idea”, then everything else is an execution problem. A good idea is really just the beginning of a search challenge: the search for a value proposition that customers want embedded in a profitable and scalable business model.

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Can (Lean) Innovation Ever Conquer The Board Room?

Added on by Alexander Osterwalder.

I’m just back from the fabulous Lean Startup Week in San Francisco. I enjoyed being part of it, re-connecting with friends and innovators, and watching the movement grow year-after-year. Yet, I think that the Lean Startup, and innovation in general, is at an impasse despite the enthusiasm, progress, and great mood. I believe innovation has NOT conquered the boardroom yet.

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“Failure” Saves Your Company Money & Encourages The Pursuit Of Bold Ideas

Added on by Alexander Osterwalder.

Companies traditionally see failure as a waste of money. This is the right perspective when you’re building a new factory or managing established processes. However, quick and cheap failure helps you identify which ideas NOT to pursue when it comes to creating new growth engines. This type of “productive failure” that leads to learning and insights helps you avoid investing millions of dollars in ideas that customers don’t want, won’t make enough money, or are impossible to execute.

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