SlideShare a Scribd company logo
1 of 5
© Operational Excellence Consulting. All rights reserved.
Build-Measure-Learn Process
The Build-Measure-Learn process is a fundamental concept within the Lean Startup
methodology, designed to help startups and entrepreneurs systematically validate
their hypotheses and make informed decisions.
The process is iterative and cyclical, with each cycle
representing a new iteration of the product
development process.
LEAN
STARTUP
FEEDBACK
LOOP
1
2
3
Build
Learn
Measure
The Build phase of Lean
Startup involves the creation
of a Minimum Viable Product
(MVP) that can be used to test
assumptions and gather
feedback from potential
customers.
The Measure phase of Lean
Startup involves measuring
and analyzing the data
gathered in the “Build” phase
to gain insights and make data-
driven decisions.
In the Learn phase of the Lean
Startup process, the focus is
on using data and feedback to
gain insights into the
effectiveness of the previous
two phases and to inform
future iterations.
“A person who never made
a mistake never tried
anything new.”
Albert Einstein
© Operational Excellence Consulting. All rights reserved.
Build-Measure-Learn Process
The Build-Measure-Learn process is a fundamental concept within the Lean Startup
methodology, designed to help startups and entrepreneurs systematically validate
their hypotheses and make informed decisions.
The process is iterative and cyclical, with each cycle
representing a new iteration of the product
development process.
LEAN
STARTUP
FEEDBACK
LOOP
1
2
3
Build
Learn
Measure
The Build phase of Lean
Startup involves the creation
of a Minimum Viable Product
(MVP) that can be used to test
assumptions and gather
feedback from potential
customers.
The Measure phase of Lean
Startup involves measuring
and analyzing the data
gathered in the “Build” phase
to gain insights and make data-
driven decisions.
In the Learn phase of the Lean
Startup process, the focus is
on using data and feedback to
gain insights into the
effectiveness of the previous
two phases and to inform
future iterations.
“A person who never made
a mistake never tried
anything new.”
Albert Einstein
© Operational Excellence Consulting. All rights reserved.
Phase BUILD MEASURE LEARN
Objective Create a Minimum Viable
Product (MVP).
Gather data and feedback from
MVP users.
Analyze data and make
informed decisions.
Key Activities 1. Define the core features of
the MVP.
2. Develop the MVP.
3. Test and refine the MVP.
4. Ensure the MVP is
deployable to a target
audience.
1. Release the MVP to a
selected user group.
2. Collect data on user
interactions and behavior.
3. Gather feedback through
surveys, interviews, or
analytics tools.
1. Review and analyze the data
collected from the MVP.
2. Assess whether the initial
hypotheses are validated or
invalidated.
3. Determine necessary
adjustments or pivots.
4. Develop an action plan
based on insights.
Key
Measurements
§ Completion of the MVP.
§ Functionality and usability of
the MVP.
§ Time and resources spent on
MVP development.
§ User engagement metrics
(e.g., time on site, click-
through rates).
§ Conversion rates (e.g., sign-
ups, purchases).
§ User feedback and
comments.
§ Identification of patterns or
trends in user data.
§ Validation or invalidation of
hypotheses.
§ Decision to pivot or
persevere.
§ Updated product roadmap or
strategy.
Build-Measure-Learn Process
© Operational Excellence Consulting. All rights reserved.
Phase BUILD MEASURE LEARN
Objective Create a Minimum Viable
Product (MVP).
Gather data and feedback from
MVP users.
Analyze data and make
informed decisions.
Key Activities 1. Define the core features of
the MVP.
2. Develop the MVP.
3. Test and refine the MVP.
4. Ensure the MVP is
deployable to a target
audience.
1. Release the MVP to a
selected user group.
2. Collect data on user
interactions and behavior.
3. Gather feedback through
surveys, interviews, or
analytics tools.
1. Review and analyze the data
collected from the MVP.
2. Assess whether the initial
hypotheses are validated or
invalidated.
3. Determine necessary
adjustments or pivots.
4. Develop an action plan
based on insights.
Key
Measurements
§ Completion of the MVP.
§ Functionality and usability of
the MVP.
§ Time and resources spent on
MVP development.
§ User engagement metrics
(e.g., time on site, click-
through rates).
§ Conversion rates (e.g., sign-
ups, purchases).
§ User feedback and
comments.
§ Identification of patterns or
trends in user data.
§ Validation or invalidation of
hypotheses.
§ Decision to pivot or
persevere.
§ Updated product roadmap or
strategy.
Build-Measure-Learn Process
© Operational Excellence Consulting. All rights reserved. 5
Operational Excellence Consulting is a management training and consulting
firm that assists organizations in improving business performance and
effectiveness. Based in Singapore, the firm’s mission is to create business
value for organizations through innovative design and operational excellence
management training and consulting solutions. For more information, please
visit www.oeconsulting.com.sg

More Related Content

Similar to Lean Startup: Build-Measure-Learn Process Poster

From an idea to an MVP: a guide for startups
From an idea to an MVP: a guide for startupsFrom an idea to an MVP: a guide for startups
From an idea to an MVP: a guide for startupsGeorge Krasadakis
 
Prototyping and MVPs for startups
Prototyping and MVPs for startupsPrototyping and MVPs for startups
Prototyping and MVPs for startupsGeorge Krasadakis
 
6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx
6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx
6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptxTiara711410
 
BUILDING A MINIMUM VIABLE PRODUCT ( MVP)
BUILDING A MINIMUM VIABLE PRODUCT ( MVP)BUILDING A MINIMUM VIABLE PRODUCT ( MVP)
BUILDING A MINIMUM VIABLE PRODUCT ( MVP)ssuser01ee0c
 
User Research to Validate Product Ideas Workshop
User Research to Validate Product Ideas WorkshopUser Research to Validate Product Ideas Workshop
User Research to Validate Product Ideas WorkshopProduct School
 
Future Proofing through MVP_ Pioneering the Next Generation of Products.pdf
Future Proofing through MVP_ Pioneering the Next Generation of Products.pdfFuture Proofing through MVP_ Pioneering the Next Generation of Products.pdf
Future Proofing through MVP_ Pioneering the Next Generation of Products.pdfSkywindsSolutions
 
A Guide to After-Action Reviews and Retrospects
A Guide to After-Action Reviews and RetrospectsA Guide to After-Action Reviews and Retrospects
A Guide to After-Action Reviews and RetrospectsOlivier Serrat
 
Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...
Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...
Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...Michael M Grant
 
Bringing User-Centered Design Practices into Agile Development Projects
Bringing User-CenteredDesign Practices intoAgile Development ProjectsBringing User-CenteredDesign Practices intoAgile Development Projects
Bringing User-Centered Design Practices into Agile Development Projectsabcd82
 
The Importance of Product Perception
The Importance of Product PerceptionThe Importance of Product Perception
The Importance of Product PerceptionShachar Nahari
 
Lean Startup Key Concepts Overview
Lean Startup Key Concepts OverviewLean Startup Key Concepts Overview
Lean Startup Key Concepts OverviewYuki Sekiguchi
 
UX Lead Product Management
UX Lead Product ManagementUX Lead Product Management
UX Lead Product ManagementJohn Wyatt
 
Growth Explained by Zynga's Director of Product
Growth Explained by Zynga's Director of ProductGrowth Explained by Zynga's Director of Product
Growth Explained by Zynga's Director of ProductProduct School
 
Drive Growth with Agile Product Development: How data-driven teams leverage e...
Drive Growth with Agile Product Development: How data-driven teams leverage e...Drive Growth with Agile Product Development: How data-driven teams leverage e...
Drive Growth with Agile Product Development: How data-driven teams leverage e...Split Software
 
CP15-Presentation-KHC Deloitte Trade Promotion_20151005
CP15-Presentation-KHC Deloitte Trade Promotion_20151005CP15-Presentation-KHC Deloitte Trade Promotion_20151005
CP15-Presentation-KHC Deloitte Trade Promotion_20151005Jeff Wagner
 
How to come up with the next 'Needle moving’ feature for any product
How to come up with the next 'Needle moving’ feature for any productHow to come up with the next 'Needle moving’ feature for any product
How to come up with the next 'Needle moving’ feature for any productUXDXConf
 
5 Health Checks for Managing Customer Retention
5 Health Checks for Managing Customer Retention5 Health Checks for Managing Customer Retention
5 Health Checks for Managing Customer RetentionTrustpilot
 
What makes users stick: Data Led Program Episode 3
What makes users stick: Data Led Program Episode 3What makes users stick: Data Led Program Episode 3
What makes users stick: Data Led Program Episode 3Joseph Karim
 
Developing a Product Vision by Amazon Sr Product Manager
Developing a Product Vision by Amazon Sr Product ManagerDeveloping a Product Vision by Amazon Sr Product Manager
Developing a Product Vision by Amazon Sr Product ManagerProduct School
 

Similar to Lean Startup: Build-Measure-Learn Process Poster (20)

From an idea to an MVP: a guide for startups
From an idea to an MVP: a guide for startupsFrom an idea to an MVP: a guide for startups
From an idea to an MVP: a guide for startups
 
Prototyping and MVPs for startups
Prototyping and MVPs for startupsPrototyping and MVPs for startups
Prototyping and MVPs for startups
 
6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx
6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx
6f8487f9-e0af-4550-8fab-51c1e94de7b8.pptx
 
BUILDING A MINIMUM VIABLE PRODUCT ( MVP)
BUILDING A MINIMUM VIABLE PRODUCT ( MVP)BUILDING A MINIMUM VIABLE PRODUCT ( MVP)
BUILDING A MINIMUM VIABLE PRODUCT ( MVP)
 
User Research to Validate Product Ideas Workshop
User Research to Validate Product Ideas WorkshopUser Research to Validate Product Ideas Workshop
User Research to Validate Product Ideas Workshop
 
Future Proofing through MVP_ Pioneering the Next Generation of Products.pdf
Future Proofing through MVP_ Pioneering the Next Generation of Products.pdfFuture Proofing through MVP_ Pioneering the Next Generation of Products.pdf
Future Proofing through MVP_ Pioneering the Next Generation of Products.pdf
 
A Guide to After-Action Reviews and Retrospects
A Guide to After-Action Reviews and RetrospectsA Guide to After-Action Reviews and Retrospects
A Guide to After-Action Reviews and Retrospects
 
Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...
Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...
Arrogance or Apathy: The Need for Formative Evaluation + Current & Emerging S...
 
Bringing User-Centered Design Practices into Agile Development Projects
Bringing User-CenteredDesign Practices intoAgile Development ProjectsBringing User-CenteredDesign Practices intoAgile Development Projects
Bringing User-Centered Design Practices into Agile Development Projects
 
The Importance of Product Perception
The Importance of Product PerceptionThe Importance of Product Perception
The Importance of Product Perception
 
Lean Startup Key Concepts Overview
Lean Startup Key Concepts OverviewLean Startup Key Concepts Overview
Lean Startup Key Concepts Overview
 
UX Lead Product Management
UX Lead Product ManagementUX Lead Product Management
UX Lead Product Management
 
Growth Explained by Zynga's Director of Product
Growth Explained by Zynga's Director of ProductGrowth Explained by Zynga's Director of Product
Growth Explained by Zynga's Director of Product
 
Drive Growth with Agile Product Development: How data-driven teams leverage e...
Drive Growth with Agile Product Development: How data-driven teams leverage e...Drive Growth with Agile Product Development: How data-driven teams leverage e...
Drive Growth with Agile Product Development: How data-driven teams leverage e...
 
CP15-Presentation-KHC Deloitte Trade Promotion_20151005
CP15-Presentation-KHC Deloitte Trade Promotion_20151005CP15-Presentation-KHC Deloitte Trade Promotion_20151005
CP15-Presentation-KHC Deloitte Trade Promotion_20151005
 
UX Process
UX ProcessUX Process
UX Process
 
How to come up with the next 'Needle moving’ feature for any product
How to come up with the next 'Needle moving’ feature for any productHow to come up with the next 'Needle moving’ feature for any product
How to come up with the next 'Needle moving’ feature for any product
 
5 Health Checks for Managing Customer Retention
5 Health Checks for Managing Customer Retention5 Health Checks for Managing Customer Retention
5 Health Checks for Managing Customer Retention
 
What makes users stick: Data Led Program Episode 3
What makes users stick: Data Led Program Episode 3What makes users stick: Data Led Program Episode 3
What makes users stick: Data Led Program Episode 3
 
Developing a Product Vision by Amazon Sr Product Manager
Developing a Product Vision by Amazon Sr Product ManagerDeveloping a Product Vision by Amazon Sr Product Manager
Developing a Product Vision by Amazon Sr Product Manager
 

More from Operational Excellence Consulting

The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 
ISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness TrainingISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness TrainingOperational Excellence Consulting
 
ISO 37000:2021 (Governance of Organizations) Awareness Training
ISO 37000:2021 (Governance of Organizations) Awareness TrainingISO 37000:2021 (Governance of Organizations) Awareness Training
ISO 37000:2021 (Governance of Organizations) Awareness TrainingOperational Excellence Consulting
 
Six Sigma Improvement Process: Transforming Processes, Elevating Performance
Six Sigma Improvement Process: Transforming Processes, Elevating PerformanceSix Sigma Improvement Process: Transforming Processes, Elevating Performance
Six Sigma Improvement Process: Transforming Processes, Elevating PerformanceOperational Excellence Consulting
 
Kaizen Event Guide: Transforming Challenges into Opportunities
Kaizen Event Guide: Transforming Challenges into OpportunitiesKaizen Event Guide: Transforming Challenges into Opportunities
Kaizen Event Guide: Transforming Challenges into OpportunitiesOperational Excellence Consulting
 
ISO/IEC 27001:2022 (Information Security Management Systems) Awareness Poster
ISO/IEC 27001:2022 (Information Security Management Systems) Awareness PosterISO/IEC 27001:2022 (Information Security Management Systems) Awareness Poster
ISO/IEC 27001:2022 (Information Security Management Systems) Awareness PosterOperational Excellence Consulting
 

More from Operational Excellence Consulting (20)

The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 
ISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness TrainingISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
ISO 37002:2021 (Whistleblowing Management Systems) Awareness Training
 
ISO 37000:2021 (Governance of Organizations) Awareness Training
ISO 37000:2021 (Governance of Organizations) Awareness TrainingISO 37000:2021 (Governance of Organizations) Awareness Training
ISO 37000:2021 (Governance of Organizations) Awareness Training
 
Six Sigma Improvement Process: Transforming Processes, Elevating Performance
Six Sigma Improvement Process: Transforming Processes, Elevating PerformanceSix Sigma Improvement Process: Transforming Processes, Elevating Performance
Six Sigma Improvement Process: Transforming Processes, Elevating Performance
 
Kaizen Event Guide: Transforming Challenges into Opportunities
Kaizen Event Guide: Transforming Challenges into OpportunitiesKaizen Event Guide: Transforming Challenges into Opportunities
Kaizen Event Guide: Transforming Challenges into Opportunities
 
Kaizen: Elevating Continuous Improvement for Success
Kaizen: Elevating Continuous Improvement for SuccessKaizen: Elevating Continuous Improvement for Success
Kaizen: Elevating Continuous Improvement for Success
 
Strategic Planning: A3 Hoshin Planning Process
Strategic Planning: A3 Hoshin Planning ProcessStrategic Planning: A3 Hoshin Planning Process
Strategic Planning: A3 Hoshin Planning Process
 
A3 Problem Solving Process & Tools
A3 Problem Solving Process & ToolsA3 Problem Solving Process & Tools
A3 Problem Solving Process & Tools
 
Digital Strategic Business Planning Methodology
Digital Strategic Business Planning MethodologyDigital Strategic Business Planning Methodology
Digital Strategic Business Planning Methodology
 
Root Cause Analysis (RCA)
Root Cause Analysis (RCA)Root Cause Analysis (RCA)
Root Cause Analysis (RCA)
 
Business Process Reengineering (BPR)
Business Process Reengineering (BPR)Business Process Reengineering (BPR)
Business Process Reengineering (BPR)
 
5 Steps of Problem Solving
5 Steps of Problem Solving5 Steps of Problem Solving
5 Steps of Problem Solving
 
Seven Advanced Tools of Quality (Seven Advanced QC Tools)
Seven Advanced Tools of Quality (Seven Advanced QC Tools)Seven Advanced Tools of Quality (Seven Advanced QC Tools)
Seven Advanced Tools of Quality (Seven Advanced QC Tools)
 
Seven Basic Tools of Quality (Seven Basic QC Tools)
Seven Basic Tools of Quality (Seven Basic QC Tools)Seven Basic Tools of Quality (Seven Basic QC Tools)
Seven Basic Tools of Quality (Seven Basic QC Tools)
 
Problem Solving & Visualization Tools
Problem Solving & Visualization ToolsProblem Solving & Visualization Tools
Problem Solving & Visualization Tools
 
PDCA Problem Solving Process & Tools
PDCA Problem Solving Process & ToolsPDCA Problem Solving Process & Tools
PDCA Problem Solving Process & Tools
 
8D Problem Solving Process & Tools
8D Problem Solving Process & Tools8D Problem Solving Process & Tools
8D Problem Solving Process & Tools
 
Digital Transformation Process Poster
Digital Transformation Process PosterDigital Transformation Process Poster
Digital Transformation Process Poster
 
ISO/IEC 27001:2022 (Information Security Management Systems) Awareness Poster
ISO/IEC 27001:2022 (Information Security Management Systems) Awareness PosterISO/IEC 27001:2022 (Information Security Management Systems) Awareness Poster
ISO/IEC 27001:2022 (Information Security Management Systems) Awareness Poster
 
Four Steps of Jidoka Poster
Four Steps of Jidoka PosterFour Steps of Jidoka Poster
Four Steps of Jidoka Poster
 

Recently uploaded

Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 

Recently uploaded (20)

Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 

Lean Startup: Build-Measure-Learn Process Poster

  • 1. © Operational Excellence Consulting. All rights reserved. Build-Measure-Learn Process The Build-Measure-Learn process is a fundamental concept within the Lean Startup methodology, designed to help startups and entrepreneurs systematically validate their hypotheses and make informed decisions. The process is iterative and cyclical, with each cycle representing a new iteration of the product development process. LEAN STARTUP FEEDBACK LOOP 1 2 3 Build Learn Measure The Build phase of Lean Startup involves the creation of a Minimum Viable Product (MVP) that can be used to test assumptions and gather feedback from potential customers. The Measure phase of Lean Startup involves measuring and analyzing the data gathered in the “Build” phase to gain insights and make data- driven decisions. In the Learn phase of the Lean Startup process, the focus is on using data and feedback to gain insights into the effectiveness of the previous two phases and to inform future iterations. “A person who never made a mistake never tried anything new.” Albert Einstein
  • 2. © Operational Excellence Consulting. All rights reserved. Build-Measure-Learn Process The Build-Measure-Learn process is a fundamental concept within the Lean Startup methodology, designed to help startups and entrepreneurs systematically validate their hypotheses and make informed decisions. The process is iterative and cyclical, with each cycle representing a new iteration of the product development process. LEAN STARTUP FEEDBACK LOOP 1 2 3 Build Learn Measure The Build phase of Lean Startup involves the creation of a Minimum Viable Product (MVP) that can be used to test assumptions and gather feedback from potential customers. The Measure phase of Lean Startup involves measuring and analyzing the data gathered in the “Build” phase to gain insights and make data- driven decisions. In the Learn phase of the Lean Startup process, the focus is on using data and feedback to gain insights into the effectiveness of the previous two phases and to inform future iterations. “A person who never made a mistake never tried anything new.” Albert Einstein
  • 3. © Operational Excellence Consulting. All rights reserved. Phase BUILD MEASURE LEARN Objective Create a Minimum Viable Product (MVP). Gather data and feedback from MVP users. Analyze data and make informed decisions. Key Activities 1. Define the core features of the MVP. 2. Develop the MVP. 3. Test and refine the MVP. 4. Ensure the MVP is deployable to a target audience. 1. Release the MVP to a selected user group. 2. Collect data on user interactions and behavior. 3. Gather feedback through surveys, interviews, or analytics tools. 1. Review and analyze the data collected from the MVP. 2. Assess whether the initial hypotheses are validated or invalidated. 3. Determine necessary adjustments or pivots. 4. Develop an action plan based on insights. Key Measurements § Completion of the MVP. § Functionality and usability of the MVP. § Time and resources spent on MVP development. § User engagement metrics (e.g., time on site, click- through rates). § Conversion rates (e.g., sign- ups, purchases). § User feedback and comments. § Identification of patterns or trends in user data. § Validation or invalidation of hypotheses. § Decision to pivot or persevere. § Updated product roadmap or strategy. Build-Measure-Learn Process
  • 4. © Operational Excellence Consulting. All rights reserved. Phase BUILD MEASURE LEARN Objective Create a Minimum Viable Product (MVP). Gather data and feedback from MVP users. Analyze data and make informed decisions. Key Activities 1. Define the core features of the MVP. 2. Develop the MVP. 3. Test and refine the MVP. 4. Ensure the MVP is deployable to a target audience. 1. Release the MVP to a selected user group. 2. Collect data on user interactions and behavior. 3. Gather feedback through surveys, interviews, or analytics tools. 1. Review and analyze the data collected from the MVP. 2. Assess whether the initial hypotheses are validated or invalidated. 3. Determine necessary adjustments or pivots. 4. Develop an action plan based on insights. Key Measurements § Completion of the MVP. § Functionality and usability of the MVP. § Time and resources spent on MVP development. § User engagement metrics (e.g., time on site, click- through rates). § Conversion rates (e.g., sign- ups, purchases). § User feedback and comments. § Identification of patterns or trends in user data. § Validation or invalidation of hypotheses. § Decision to pivot or persevere. § Updated product roadmap or strategy. Build-Measure-Learn Process
  • 5. © Operational Excellence Consulting. All rights reserved. 5 Operational Excellence Consulting is a management training and consulting firm that assists organizations in improving business performance and effectiveness. Based in Singapore, the firm’s mission is to create business value for organizations through innovative design and operational excellence management training and consulting solutions. For more information, please visit www.oeconsulting.com.sg