Managing a Business Strategically: Four steps for principle 4 (build-measure-learn) Goal: progress through loop asap

Question

Four steps for principle 4 (build-measure-learn) Goal: progress through loop asap

Pim Bodzinga · Accepted Answer

1. Start with your most critical hypothesis
2. Build your Minimal-Viable-Product (MVP) to test hypothesis
3. Run experiment: expose your customers to the MVP and measure the outcomes
4. Analyze the data, learn from it, and decide whether to change (parts) of strategy

Managing a Business Strategically

Four steps for principle 4 (build-measure-learn) Goal: progress through loop asap

1. Start with your most critical hypothesis 2. Build your Minimal-Viable-Product (MVP) to test hypothesis 3. Run experiment: expose your customers to the MVP and measure the outcomes 4. Analyze the data, learn from it, and decide whether to change (parts) of strategy

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