Question: For this DB , let's focus on 'Measure' and specifically on the entrepreneurial approach of systematically measuring and visualizing innovation. With any innovation, rather than
For this DB let's focus on 'Measure' and specifically on the entrepreneurial approach of systematically measuring and visualizing innovation. With any innovation, rather than measuring whether you are on timeunder budget that will come soon enough! entrepreneurs look toward reducing risk and uncertainty around a new idea.
For each idea, consider tracking KPIs Key Performance Indicators that become your set of metrics:
riskuncertainty
expected profitability
learning velocitytime spent
cost
Using Osterwalder et als four rules of testing pg and thinking back to last week's article featured in DB on Wonder which critical hypotheses should Lore identify and prioritize that underlie his business idea? Let pp serve as a frame to classify hypotheses within one of four quadrants: desirability, feasibility, viability, adaptability.
Considering we have only the article to go on you may need to outline several assumptions!
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