Introduction to Lean Toolkit

In this module we focus on the Lean method as a way to move an idea towards a viable venture.

Key insights:

• Moving to Action: The previous module discussed opportunity evaluation, highlighting that it's an imperfect method and true evaluation happens only when you enter the "action arena". The Lean method facilitates this move into action.

• What is the Lean Method? It's a set of tools and decision-making rubrics designed to help transform an idea into a viable business. It emphasizes action as the ultimate evaluation of an idea.

  

• Lean vs. Traditional Methods:

  • Traditional methods assume predictability and planning.
  • The Lean method operates on the assumption of uncertainty. It was specifically designed to address the inherent uncertainty in the venture-building process.