a·gen·tic a·gil·i·ty class·i·fic·at·ion

Lean Startup: Validating Business Models Through Rapid Experimentation

Accelerating innovation through rapid experimentation, validated learning, and evidence-based decisions to achieve sustainable product-market fit.

Applying Lean principles to rapidly test and validate business ideas with minimal risk.

Image
https://nkdagility.com/resources/lean-startup/
Subscribe

Overview

Lean Startup is a methodology that applies Lean principles to the development of new business ideas, focusing on rapid experimentation and validated learning. It emphasises the importance of building a minimum viable product (MVP) to test hypotheses about customer needs and market viability with minimal risk and investment. This approach allows teams to gather real-time feedback, enabling them to pivot or persevere based on empirical evidence rather than assumptions.

By fostering a culture of experimentation, Lean Startup empowers organisations to innovate continuously and respond swiftly to changing market conditions. It encourages cross-functional collaboration, ensuring that insights from various stakeholders inform product development. This iterative process not only accelerates time-to-market but also enhances the likelihood of delivering products that genuinely meet customer demands.

Lean Startup is distinct from Agile methodologies, which focus on iterative development and customer collaboration, by placing a stronger emphasis on the validation of business models and market fit. Its systemic nature supports long-term sustainability, as it integrates learning into the organisational fabric, promoting resilience and adaptability in an ever-evolving landscape. This enables teams to deliver value predictably, ensuring that resources are allocated effectively and strategically aligned with customer needs and organisational goals.

Views:
Subscribe
Product Development

Building the Minimum Viable Product to test ideas and validate market assumptions quickly.

Tags Tags (3)
Read more about Minimum Viable Product
Product Development

Learn how to fund product development by thinking like a venture capitalist—run small experiments, validate ideas, manage risk, and balance data with …

Videos Videos
Read more about Navigating the Unknown: How to Fund Your Product Like a Venture Capitalist
Product Development

Learn to identify, prioritise, and test assumptions in product development by turning them into hypotheses, managing experimentation costs, and making …

Videos Videos
Read more about Mastering Product Development: From Assumptions to Hypotheses

Our Happy Clients​

We partner with businesses across diverse industries, including finance, insurance, healthcare, pharmaceuticals, technology, engineering, transportation, hospitality, entertainment, legal, government, and military sectors.​

Slicedbread Logo

Slicedbread

Healthgrades Logo

Healthgrades

Higher Education Statistics Agency Logo

Higher Education Statistics Agency

ALS Life Sciences Logo

ALS Life Sciences

MacDonald Humfrey (Automation) Ltd. Logo

MacDonald Humfrey (Automation) Ltd.

Epic Games Logo

Epic Games

Sage Logo

Sage

Microsoft Logo

Microsoft

Qualco Logo

Qualco

YearUp.org Logo

YearUp.org

Graham & Brown Logo

Graham & Brown

Philips Logo

Philips

Akaditi Logo

Akaditi

Genus Breeding Ltd Logo

Genus Breeding Ltd

Trayport Logo

Trayport

Milliman Logo

Milliman

Alignment Healthcare Logo

Alignment Healthcare

Schlumberger Logo

Schlumberger

Washington Department of Enterprise Services Logo

Washington Department of Enterprise Services

New Hampshire Supreme Court Logo

New Hampshire Supreme Court

Department of Work and Pensions (UK) Logo

Department of Work and Pensions (UK)

Nottingham County Council Logo

Nottingham County Council

Washington Department of Transport Logo

Washington Department of Transport

Royal Air Force Logo

Royal Air Force

CR2

Higher Education Statistics Agency Logo

Higher Education Statistics Agency

Schlumberger Logo

Schlumberger

Boeing Logo

Boeing

Slaughter and May Logo

Slaughter and May

Healthgrades Logo

Healthgrades