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LEAN & AGILE - DISCOVERING & RESPONDING TO VALUE
craig.strong@gohubble.com
@craigstrong
uk.linkedin.com/in/craigstrong/
Craig Strong
Chief Technology/Product Officer
www.LeanProductLifecycle.com
S&P 500 index has decreased from 61
years in 1958 to just 18 years today
PRODUCT LIFECYCLES ARE NOT LINEAR, LONG OR ASSURED 4
ANNUAL PERFORMANCE TRAP
Jeremy Hope, 2003. Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap. Edition. Harvard Business Review Press.
5
UNCERTAINTY—IN THE ECONOMY, SOCIETY, POLITICS—
HAS BECOME SO GREAT AS TO RENDER FUTILE, IF NOT
COUNTERPRODUCTIVE, THE KIND OF PLANNING MOST
COMPANIES STILL PRACTICE: FORECASTING BASED 

ON PROBABILITIES

Peter Drucker
THE NEED FOR ADAPTIVE MANAGEMENT
DELIVERING &
DISCOVERY
REPEATING THE SAME DESIGN
http://www.rics.org/Global/NRM_1_Order_of_cost_estimating_and_cost_planning_2nd_edition_PGguidance_2012.pdf
9
http://www.gids.nl/sydney/opera.html
COMPLEX DESIGN - NEW GROUND
Discovery

& Learning
10
CYNEFIN FRAMEWORK 11
YOUR PLAN SHOULD BE EMERGENT AND ADAPTIVE 12
DISCOVER VALUE
IN A PREDICTABLE
WORLD YOU NEED
PREDICTABLE
PLANS.THE WORLD OF
BUSINESS IS SELDOM
PREDICTABLE.
13
LEAN
PRODUCT
DEVELOPMENT
DESIGN THINKING
1. DESIGN PRINCIPLES
2. HUMAN-CENTRED
EMPATHY
3. CONTEXTUAL ENQUIRY
4. IDEATION
5. PROTOTYPING
6. CUSTOMER CO-DESIGN
15
AGILE DEVELOPMENT
1. SPRINTS/ITERATIONS
2. INSPECT & ADAPT LEARNING
3. USER STORIES/PRIORITISED BACKLOGS
4. CROSS-FUNCTIONAL TEAMS
5. AGILE PRINCIPLES
16
LEAN STARTUP
1. HYPOTHESES DRIVEN
2. VALIDATED LEARNING
3. MVP
4. BUILD - MEASURE - LEARN
5. FAIL FAST & PIVOT
17
TOGETHER 18
REMEMBER, IF WE’RE BUILDING SOMETHING THAT
NOBODY WANTS, IT DOESN’T MATTER IF WE’RE DOING IT
ON TIME AND ON BUDGET
Eric Ries
LEAN STARTUP
REVENUE MODELS
MVP’S IS A PROCESS 21
BUILDING A NEW APP
I WANT TO USE
FEATURES A&B
I WANT TO USE
FEATURES
A,B,C
I WANT TO USE
FEATURES A,B,C,D,E
I WANT TO USE
FEATURES
A,B,C,D,E,F,G
22
BUILDING A PRODUCT
1. 7 FEATURES
2. EACH FEATURE :
1. 1 WEEKS TO PLAN
2. 2 WEEKS TO DEVELOP
3. 1 WEEKS TO TEST
3. WHEN YOU DELIVER YOUR FEATURES, YOU
EARN $1K PER WEEK PER CUSTOMER
23
WATERFALL PLAN
7 WEEKS PLANNING
14 WEEKS DEVELOPING
7 WEEKS TESTING
4 Customers
7 Features
Earnings $0
Start To Earn $4k pw
28wks Dev
24
ITERATIVE RELEASE TO CUSTOMER SEGMENTS
4 Weeks
A B
C
D
E
F
G
8 Weeks 12 Weeks 16 Weeks 20 Weeks 24 Weeks 28 Weeks
$4k
$12k
$20k $32k
$44k
25
SUCCESS & FAILURE
https://www.infoq.com/articles/standish-chaos-2015
26
DELIVER OFTEN, LEARN MORE !
http://clearcode.cc/2014/12/agile-vs-waterfall-method/
27
SMALLER, FASTER DELIVERY CYCLES = INCREASED AND FASTER LEARNING
http://bitly.com/deliveringvalueicl
28
LEARNING & GROWING
https://jamesbirchler.com/2016/10/06/lean-startup-practices-write-hypotheses-you-can-learn-from/
“THE LEAN STARTUP METHOD TEACHES YOU HOW TO
DRIVE A STARTUP-HOW TO STEER, WHEN TO TURN, AND
WHEN TO PERSEVERE-AND GROW A BUSINESS WITH
MAXIMUM ACCELERATION.”
http://theleanstartup.com/principles
LEAN STARTUP
LEAN PRODUCT LIFECYCLE 31
SEARCH & EXECUTE ARE DIFFERENT
32
NON-LINEAR PROCESS 33
VERSION OF A NEW PRODUCT WHICH ALLOWS A TEAM TO
COLLECT THE MAXIMUM AMOUNT OF VALIDATED
LEARNING ABOUT CUSTOMERS WITH THE LEAST EFFORT
LEAN STARTUP
WHAT IS AN MVP
MINIMAL VIABLE PRODUCT
MVP IS A
PROCESS NOT A
PRODUCT
35
MINIMAL VIABLE PRODUCT 36
BUSINESS MODEL CANVAS
Alex Osterwälder & Yves Pigneur
• Innovation Tool
• Lightweight, Visual and Flexible
• Collaborative And Responsive
37
YOUR PRODUCT IS NOT THE PRODUCT
1. It is important to realise that a product or service idea is not
sufficient for success.
2. You could have a good idea, but if you do not have a good
business model to support it, then your business will fail.
3. It is not enough to just have a good product, it must be
delivered to customers in a manner that is sustainably
profitable. 

A lot of people focus too much on just the product.
4. But the same amount of effort needs to be put into developing
the business model.
38
BUSINESS MODEL CANVAS 39
VALUE PROPOSITION CANVAS 40
BUSINESS MODEL DESIGN 41
LOCAL MAXIMA 42
EXPERIMENTATION - LEARN FAST
1. Pick riskiest assumption from Business Model Canvas
2. Brainstorm a few different tests, offline and online
3. Try to break the test into even smaller units of work
4. Choose test & define testable hypothesis
5. Set a goal (minimum success criteria)
6. Run the test (try to hit the goal)
7. Review results and make a decision
43
HYPOTHESES
“I/We Believe….” [target market]
“Will” [do this action/use this solution]
“For” [this reason]
44
SUCCESS CRITERIA
“We will know we are right when ”
[minimum success criteria]
45
EXAMPLE 46
EXAMPLE 47
INSTAGRAM 48
INSTAGRAM
https://blog.kissmetrics.com/kevin-systrom/
49
ZOOM IN PIVOT 50
LEARN FAST THE LEAN WAY 51
ANY QUESTIONS ? 52
IT’S BEEN A PLEASURE
THANK YOU
craig.strong@gohubble.com
craig@strongandagile.co.uk
@craigstrong
uk.linkedin.com/in/craigstrong/
www.LeanProductLifecycle.com
53

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Lean & Agile - Discovering & Reposing To Value