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Are Business Plans Still Necessary?

Both Sides of the Table

In an era of “launch and learn&# is there a need for a business plan? I have seen really great product people espouse the death of the business plan. So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach.

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Hacking for Defense @ StanfordĀ 2021 Lessons Learned Presentations

Steve Blank

This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10 weeks. While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique. It Started With An Idea.

Lean 417
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Lessons Learned: What is customer development?

Startup Lessons Learned

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." Many of us are not accustomed to thinking about markets or customers in a disciplined way.

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Is the Lean Startup Dead?

Steve Blank

But as Carlota Perez has so aptly described, all new technology industries go through an eruption and frenzy phase, followed by a crash, then a golden age and maturity. Then the cycle repeats with a new set of technologies. Lean was designed to inform the founders’ vision while they operated frugally at speed. The result?

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The Helsinki Spring

Steve Blank

—— I was invited to Finland as part of Stanfordā€™s Engineering Technology Venture Program partnership with Aalto University. Direct government funding of startups has also delayed the maturation of business experience of local angels and VCā€™s. This is the first of two posts about Finland and entrepreneurship.

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How to Manage Supply Chain Planning Like a Pro

YoungUpstarts

Too often, businesses view their supply chain as a necessary evil as opposed to a valuable resource. This integral element of most businesses is woven through every aspect of operations. Suppliers also have machinery and technology issues to contend with as they create customized products.

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Qualcommā€™s Corporate Entrepreneurship Program ā€“ Lessons Learned (Part 2)

Steve Blank

Itā€™s hard to get ideas outside of a companyā€™s current business model get traction (given that the projects have to get buy-in from operating execs) ā€“ encouraging spin-offs is a tactic worth considering to keep the ideas flowing. In the end my time in the sun eventually ran out.