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Innovation
What is innovation?
/ˌinəˌvāSHən/
Innovate /ˈinəˈvāt/
Verb
Make changes in something established, esp. by introducing new
methods, ideas, or products.
Introduce something new, esp. a product.
Innovation /ˌinəˌvāSHən/
Noun
The action or process of innovating.
A new method, idea, product, etc: "technological innovations".
What is a Startup?
A Startup
Any new venture or endeavor which an
individual or a group of individuals go into
which has serious elements of uncertainty.
Technological
principles…and your
everyday life
Everything else
in between
ConsequencesChoices
Your life……a Startup)
Everything else
in between
Doubts
Doubts
Failures
Taking on the In-Betweens
Why do start-ups fail?
• The Allure of a “Good plan”
• The “Just Do It” thought pattern
Programmatic lesson 1: The leap of faith
When faced with a daunting task. . .
. . . Jump right in!
Programmatic lesson 2: Iterate Faster
The build- measure- learn loop
“Software testing is about failing early and
often” – John Boyd
“You cant connect the dots looking forward,
you can only connect the dots looking
backward” – Steve Jobs
Experiment (Find out for yourself)
Case Study: Toyota
Programmatic lesson 3: Consider the MVP
approach
Minimum viable product Product
Learn
Embrace a new thought pattern! Lets be
algorithmic in our thinking.
Thank you

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