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Big thinking, brought to life
Big thinking, brought to life
Our values:
Explore.
Our values:
Start by starting.
Our values:
Stand shoulder-to-shoulder.
Our values:
Listen and co-create.
Our values:
Design with evidence.
Big thinking brought to life
1. Embracing uncertainty
2. Experiments vs. traditional research
3. Right experiment for the job
Experiments / Role in innovation
Big thinking brought to life
Why experiment?
Experiments / Role in innovation
Big thinking brought to life
We don’t want to build
products and services,
nobody wants
(answer 1)
Experiments / role in innovation
AS P O S
GU S UN T I Y
Big thinking brought to life
Experiments / role in innovation
Big thinking brought to life
Anatomy of an idea
●
●
●
●
Experiments / role in innovation
Big thinking brought to life
Experiments / role in innovation
Big thinking brought to life
●
●
●
●
Exercise: unpack your idea
Experiments / Role in innovation
Big thinking brought to life
Why experiment?
Experiments / Role in innovation
Big thinking brought to life
Your idea is wrong!
(answer 2)
Experiments / Role in innovation
Big thinking brought to life
But that’s OK - you can’t know everything
This canvas is a step-by-step way of bringing together
and revealing some of the key elements required to
bring a new idea to market.
What do I do?
• Start at the top and move through the diagram one
box at a time.
• Don’t worry about jumping around. If you get stuck
on one box, come back to it. Filling in the others
may help you find the answer.
What questions should I be asking?
• Keep asking “Why?” and “How?” For example,
instead of writing “Recruit staff”, consider why you
need staff.
Big thinking brought to life
Experiments / Role in innovation
Exercise: challenging assumptions
Experiments / Role in innovation
Big thinking brought to life
What do we mean
by experiment?
Experiments / Role in innovation
Big thinking brought to life
Experiments are the minimum effort required to
validate (or invalidate) your hypothesis
Experiments / role in innovation
Big thinking brought to life
The experimental process
An experiment is any test that allows you to
validate or invalidate a specific hypothesis.
• Pose a hypothesis
• Build: determine the minimal thing to build to
validate your hypothesis; build it
• Measure: run the experiment and collect the
data
• Learn: Draw conclusions – did your data
match your hypothesis? Did you learn
something else? Do you persevere or pivot?
MVP
HYPOTHESIS
RUN
EXPERIM
ENT
DATA
Experiments / role in innovation
Big thinking brought to life
Principles of a good experiment...
1. Real customers
Who don’t know they’re being
experimented on
2. Measurable
With an idea of what success
looks like
3. Minimal
The least effort required to test
your assumption
Experiments / role in innovation
Big thinking brought to life
Experiments / Role in innovation
Big thinking brought to life
Why don’t we just ask
people?
Experiments / role in innovation
Big thinking brought to life
Survey data vs. experiment data
The idea: give customers a
more personal relationship
by using data and
intelligence to anticipate
their needs and positively
affect their experience with
us, our products and
services.
Experiments / Role in innovation
Big thinking brought to life
What are we testing?
Experiments / Role in innovation
Big thinking brought to life
Test the assumption,
not the idea.
Experiments / role in innovation
Big thinking brought to life
Testing a critical assumption
Reengineering a critical service in a highly
regulated environment.
Experiments / role in innovation
Big thinking brought to life
Testing a critical assumption
Encouraging commuters to swap their cars for
public transport.
Big thinking brought to life
Experiments / Role in innovation
Lean startup experiment archetypes
What really matters to
customers?
What does the solution
need to do?
What ideas?
Does the solution
work?
Does it deliver the
benefits predicted?
How do customers
interact with it?
Is there interest?
Is there demand?
Will people sign up?
Will people pay for it?
Will people buy?
How do customers
react to the service?
Experiments / role in innovation
Big thinking brought to life
Experiments / role in innovation
Big thinking brought to life
Combining archetypes
A service that looks and feels real, testing what
customers most valued.
Experiments / role in innovation
Big thinking brought to life
Take your most critical assumption from the
last canvas. Now work out how to test that
assumption in the smallest, simplest way.
What can you put in front of customers that
feels real enough to them to get an
accurate, honest reaction?
What questions should I be asking?
What’s my most critical assumption? How
will I measure it? How will we know if we’ve
validated or invalidated it?
Big thinking brought to life
Experiments / Role in innovation
Exercise: define an experiment
Big thinking brought to life
1. Embrace uncertainty
2. Experiments vs. traditional research
3. Pick the right experiment for the job
Experiments / Role in innovation
Big thinking brought to life
No such thing as a
bad idea.
Experiments / Role in innovation
Big thinking brought to life
No such thing as a
good idea,
until you prove it.
Imperial experiments session

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Imperial experiments session

  • 1.
  • 3.
  • 10. Big thinking brought to life 1. Embracing uncertainty 2. Experiments vs. traditional research 3. Right experiment for the job
  • 11. Experiments / Role in innovation Big thinking brought to life Why experiment?
  • 12. Experiments / Role in innovation Big thinking brought to life We don’t want to build products and services, nobody wants (answer 1)
  • 13. Experiments / role in innovation AS P O S GU S UN T I Y Big thinking brought to life
  • 14. Experiments / role in innovation Big thinking brought to life Anatomy of an idea ● ● ● ●
  • 15. Experiments / role in innovation Big thinking brought to life
  • 16. Experiments / role in innovation Big thinking brought to life ● ● ● ● Exercise: unpack your idea
  • 17. Experiments / Role in innovation Big thinking brought to life Why experiment?
  • 18. Experiments / Role in innovation Big thinking brought to life Your idea is wrong! (answer 2)
  • 19.
  • 20. Experiments / Role in innovation Big thinking brought to life But that’s OK - you can’t know everything
  • 21. This canvas is a step-by-step way of bringing together and revealing some of the key elements required to bring a new idea to market. What do I do? • Start at the top and move through the diagram one box at a time. • Don’t worry about jumping around. If you get stuck on one box, come back to it. Filling in the others may help you find the answer. What questions should I be asking? • Keep asking “Why?” and “How?” For example, instead of writing “Recruit staff”, consider why you need staff. Big thinking brought to life Experiments / Role in innovation Exercise: challenging assumptions
  • 22. Experiments / Role in innovation Big thinking brought to life What do we mean by experiment?
  • 23. Experiments / Role in innovation Big thinking brought to life Experiments are the minimum effort required to validate (or invalidate) your hypothesis
  • 24. Experiments / role in innovation Big thinking brought to life The experimental process An experiment is any test that allows you to validate or invalidate a specific hypothesis. • Pose a hypothesis • Build: determine the minimal thing to build to validate your hypothesis; build it • Measure: run the experiment and collect the data • Learn: Draw conclusions – did your data match your hypothesis? Did you learn something else? Do you persevere or pivot? MVP HYPOTHESIS RUN EXPERIM ENT DATA
  • 25. Experiments / role in innovation Big thinking brought to life Principles of a good experiment... 1. Real customers Who don’t know they’re being experimented on 2. Measurable With an idea of what success looks like 3. Minimal The least effort required to test your assumption
  • 26. Experiments / role in innovation Big thinking brought to life
  • 27. Experiments / Role in innovation Big thinking brought to life Why don’t we just ask people?
  • 28. Experiments / role in innovation Big thinking brought to life Survey data vs. experiment data The idea: give customers a more personal relationship by using data and intelligence to anticipate their needs and positively affect their experience with us, our products and services.
  • 29. Experiments / Role in innovation Big thinking brought to life What are we testing?
  • 30. Experiments / Role in innovation Big thinking brought to life Test the assumption, not the idea.
  • 31. Experiments / role in innovation Big thinking brought to life Testing a critical assumption Reengineering a critical service in a highly regulated environment.
  • 32. Experiments / role in innovation Big thinking brought to life Testing a critical assumption Encouraging commuters to swap their cars for public transport.
  • 33. Big thinking brought to life Experiments / Role in innovation Lean startup experiment archetypes What really matters to customers? What does the solution need to do? What ideas? Does the solution work? Does it deliver the benefits predicted? How do customers interact with it? Is there interest? Is there demand? Will people sign up? Will people pay for it? Will people buy? How do customers react to the service?
  • 34. Experiments / role in innovation Big thinking brought to life
  • 35. Experiments / role in innovation Big thinking brought to life Combining archetypes A service that looks and feels real, testing what customers most valued.
  • 36. Experiments / role in innovation Big thinking brought to life
  • 37. Take your most critical assumption from the last canvas. Now work out how to test that assumption in the smallest, simplest way. What can you put in front of customers that feels real enough to them to get an accurate, honest reaction? What questions should I be asking? What’s my most critical assumption? How will I measure it? How will we know if we’ve validated or invalidated it? Big thinking brought to life Experiments / Role in innovation Exercise: define an experiment
  • 38. Big thinking brought to life 1. Embrace uncertainty 2. Experiments vs. traditional research 3. Pick the right experiment for the job
  • 39. Experiments / Role in innovation Big thinking brought to life No such thing as a bad idea.
  • 40. Experiments / Role in innovation Big thinking brought to life No such thing as a good idea, until you prove it.