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Copyright 2012 Cowan Publishing
Hyper Lean
Startup’s in
Tanzania
Science & Technology
Module for Global
Knowledge Initiative
What is science, really?
Science
Copyright 2012 Cowan Publishing
Insight Inspiration
Hypothesis Hope
Experimentation Effort
Analysis Anxiety
Revision Redoubling
Not Science
Merriam-Webster: principles and procedures for the
systematic pursuit of knowledge involving the recognition and
formulation of a problem, the collection of data through
observation and experiment, and the formulation and testing
of hypotheses
ALEX COWAN
AlexanderCowan.com
@cowanSF
What is science, really?
Copyright 2012 Cowan Publishing
ALEX COWAN
AlexanderCowan.com
@cowanSF
What are we confronting?
Copyright 2012 Cowan Publishing
>Uncertainty
>Scarcity
ubiquitous in today’s recessionary, ultra-competitive
environment are
>Hyper present in Tanzania.
SO
Let’s take lots of
>Small, corrective shots at our goal
instead of one big one.
ALEX COWAN
AlexanderCowan.com
@cowanSF
What is predictive vs. adaptive?
Copyright 2012 Cowan Publishing
ALEX COWAN
AlexanderCowan.com
@cowanSF
01: Vetting Ideas
Copyright 2012 Cowan Publishing
How do you identify and reality test new ideas?
>Invest in what you know
>Avoid excessive forward speculation/planning
>Consider the initial stakes to validate
ALEX COWAN
AlexanderCowan.com
@cowanSF
Copyright 2012 Cowan Publishing
How do we organize our hypothesis?
a. Lay out all the key assumptions
b. Which can be accepted at face value? Which have to be proven?
c. Which assumptions that do need to be proven are the most important?
Easiest to prove?
d. How will you prove the above? Focus on empirical, hands-on testing
with your target customers.
e. What is a reasonable time period to prove out the idea or determine
that it needs revision?
02 & 03: Hypothesis and Experimentation
ALEX COWAN
AlexanderCowan.com
@cowanSF
04: Experimentation
Copyright 2012 Cowan Publishing
90% of success is showing up.
(paraphrasing Woody Allen)
> As you sit down for periodic check points, make sure
your team is focused on validating the top assumptions.
> Metrics are good. Vanity metrics are bad.
For example, increasing output is good. But increasing cost/output is bad.
For example:
>>Good: Applying capital and expertise to lower cost/output
>>Bad: Having two kids leave school or other jobs and only increasing
output a little.
ALEX COWAN
AlexanderCowan.com
@cowanSF
05 & 06: Conclusion & Revision
Copyright 2012 Cowan Publishing
‘…pivot or persevere….’
(Eric Ries in ‘The Lean Startup’)
> The conclusion of the analysis must be a ‘pivot or
persevere’ moment.
>> Is this working and proving out? Or do we need to try something
different? If so, what?
> Pivoting is not failure. It’s learning.
>> Learning is the essence of competitiveness and by using inexpensive
short cycle experiments you just saved yourself lots of money and
provided the opportunity for quicker success.
ALEX COWAN
AlexanderCowan.com
@cowanSF
Copyright 2012 Cowan Publishing
BUY THE BOOK
A practical primer for anyone
wanting to actually implement
today’s best practices in product
development (available online or
at any major retailer)
VISIT THE SITE
Free talks, tutorials, and
resources for product
development and new ventures.
ALEX COWAN
AlexanderCowan.com
@cowanSF
More?
Copyright 2012 Cowan Publishing
www.alexandercowan.com/speaking(THE REST?)
@cowanSF
alexandercowan.com/blog
acowan@alexandercowan.com
alexandercowan.com/speaking

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Hyper Lean Startups- Innovation & Entrepreneurship in Tanzania

  • 1. Copyright 2012 Cowan Publishing Hyper Lean Startup’s in Tanzania Science & Technology Module for Global Knowledge Initiative
  • 2. What is science, really? Science Copyright 2012 Cowan Publishing Insight Inspiration Hypothesis Hope Experimentation Effort Analysis Anxiety Revision Redoubling Not Science Merriam-Webster: principles and procedures for the systematic pursuit of knowledge involving the recognition and formulation of a problem, the collection of data through observation and experiment, and the formulation and testing of hypotheses ALEX COWAN AlexanderCowan.com @cowanSF
  • 3. What is science, really? Copyright 2012 Cowan Publishing ALEX COWAN AlexanderCowan.com @cowanSF
  • 4. What are we confronting? Copyright 2012 Cowan Publishing >Uncertainty >Scarcity ubiquitous in today’s recessionary, ultra-competitive environment are >Hyper present in Tanzania. SO Let’s take lots of >Small, corrective shots at our goal instead of one big one. ALEX COWAN AlexanderCowan.com @cowanSF
  • 5. What is predictive vs. adaptive? Copyright 2012 Cowan Publishing ALEX COWAN AlexanderCowan.com @cowanSF
  • 6. 01: Vetting Ideas Copyright 2012 Cowan Publishing How do you identify and reality test new ideas? >Invest in what you know >Avoid excessive forward speculation/planning >Consider the initial stakes to validate ALEX COWAN AlexanderCowan.com @cowanSF
  • 7. Copyright 2012 Cowan Publishing How do we organize our hypothesis? a. Lay out all the key assumptions b. Which can be accepted at face value? Which have to be proven? c. Which assumptions that do need to be proven are the most important? Easiest to prove? d. How will you prove the above? Focus on empirical, hands-on testing with your target customers. e. What is a reasonable time period to prove out the idea or determine that it needs revision? 02 & 03: Hypothesis and Experimentation ALEX COWAN AlexanderCowan.com @cowanSF
  • 8. 04: Experimentation Copyright 2012 Cowan Publishing 90% of success is showing up. (paraphrasing Woody Allen) > As you sit down for periodic check points, make sure your team is focused on validating the top assumptions. > Metrics are good. Vanity metrics are bad. For example, increasing output is good. But increasing cost/output is bad. For example: >>Good: Applying capital and expertise to lower cost/output >>Bad: Having two kids leave school or other jobs and only increasing output a little. ALEX COWAN AlexanderCowan.com @cowanSF
  • 9. 05 & 06: Conclusion & Revision Copyright 2012 Cowan Publishing ‘…pivot or persevere….’ (Eric Ries in ‘The Lean Startup’) > The conclusion of the analysis must be a ‘pivot or persevere’ moment. >> Is this working and proving out? Or do we need to try something different? If so, what? > Pivoting is not failure. It’s learning. >> Learning is the essence of competitiveness and by using inexpensive short cycle experiments you just saved yourself lots of money and provided the opportunity for quicker success. ALEX COWAN AlexanderCowan.com @cowanSF
  • 10. Copyright 2012 Cowan Publishing BUY THE BOOK A practical primer for anyone wanting to actually implement today’s best practices in product development (available online or at any major retailer) VISIT THE SITE Free talks, tutorials, and resources for product development and new ventures. ALEX COWAN AlexanderCowan.com @cowanSF More?
  • 11. Copyright 2012 Cowan Publishing www.alexandercowan.com/speaking(THE REST?) @cowanSF alexandercowan.com/blog acowan@alexandercowan.com alexandercowan.com/speaking