Summarize “at-a-glance” how users, business and technology meet to create a business opportunity.
Core team, stakeholders
To create a shared understanding of the project’s goals and provide a basis for validation. This method can be done for an existing business model to identify opportunities or for a future business model to get a holistic view of the potential solution.
This process can be repeated as needed to compare multiple business models and create a shared understanding of the project’s goals. This can be done at Kickoff to provide a basis for validation. Or toward the end of a D&F to summarize learnings.
Draw the lean business canvas on the whiteboard
Explain the lean business canvas, one section at a time, using a common business as an example (e.g. “yelp”)
After the explanation, start to ideate by having each participant write what they think should fill into one section (starting with the “Problem”)
After 2-3 minutes, go around the room and “de-duplicate” the ideas (e.g. when Joe reads his sticky note and Sally wrote the same thing, Sally will not read that when her turn comes around)
Put all the “de-duplicated” stickies on the board (outside of the canvas) and proceed to “dot vote”
The single or few stickies that have the most dots should be moved to the section they belong in.
Repeat steps 4-6 for each section in the following order:
Success is when you have agreement and understanding of the product market fit, what value we’re delivering from a customer perspective, and an idea of how to sustain this business.