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Search Versus Execution

How Startups Become Companies
See:
http://steveblank.com/2012/03/05/
       search-versus-execute/
A startup is a temporary
organization designed to search for
    a repeatable and scalable
          business model
Search          Execution

1   Strategy   Business Model
                 Hypotheses
                                 Operating Plan +
                                Financial Forecasts
Search                    Execution

Strategy    Business Model
                                         Operating Plan +
              Hypotheses
                                         Financial Model

Process    Customer Development,        Product Management
             Agile Development     Agile or Waterfall Development
Search                     Execution

 Strategy   Business Model
                                           Operating Plan +
              Hypotheses
                                           Financial Model

 Process     Customer Development,        Product Management
               Agile Development     Agile or Waterfall Development



Organization Customer Development       Functional Organization
            Team, Founder-driven            by Department
Search                            Execution

Strategy      Business Model
                                                  Operating Plan +
                Hypotheses
                                                  Financial Model

Process       Customer Development,              Product Management
                Agile Development           Agile or Waterfall Development


Organization Customer Development               Functional Organization
              Team, Founder-driven                  by Department


Education           Business Model             Organizational Behavior, HR
                   Design, Customer            Mgmt, Accounting, Modeling,
              Development, Startup team
               building, Entrepreneurial        Strategy, Operations, Leaders
                     Finance, Agile             hip, Marketing, Manufacturin
            Development, Marketing, Opera                     g
               ting Executives, Founder
                       Transition
Search                              Execution

Strategy         Business Model
                                                          Operating Plan +
                   Hypotheses
                                                          Financial Model

Process          Customer Development,                   Product Management
                   Agile Development                Agile or Waterfall Development


Organization Customer Development                       Functional Organization
              Team, Founder-driven                          by Department


 Education             Business Model                    Organizational Behavior, HR
                      Design, Customer                 Mgmt, Accounting, Modeling,
                 Development, Startup team             Strategy, Operations, Leadersh
                  building, Entrepreneurial             ip, Marketing, Manufacturing
                        Finance, Agile
                  Development, Marketing
Instructional   Experiential, constructivist, lea         Case, Lecture, Small
Strategies              rner-centered,                    Group, Mentorship
                        inquiry-based
Search                               Execution

Strategy         Business Model
                                                           Operating Plan +
                   Hypotheses
                                                          Financial Forecasts

Process          Customer Development,                    Product Management
                   Agile Development                 Agile or Waterfall Development


Organization Customer Development                        Functional Organization
              Team, Founder-driven                           by Department


 Education             Business Model                     Organizational Behavior, HR
                      Design, Customer                  Mgmt, Accounting, Modeling,
                 Development, Startup team              Strategy, Operations, Leadersh
                  building, Entrepreneurial              ip, Marketing, Manufacturing
                        Finance, Agile
                  Development, Marketing
Instructional   Experiential, constructivist, lear         Case, Lecture, Small
Strategies       ner-centered, inquiry-based               Group, Mentorship

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Search versus execution

  • 1. Search Versus Execution How Startups Become Companies
  • 3. A startup is a temporary organization designed to search for a repeatable and scalable business model
  • 4. Search Execution 1 Strategy Business Model Hypotheses Operating Plan + Financial Forecasts
  • 5. Search Execution Strategy Business Model Operating Plan + Hypotheses Financial Model Process Customer Development, Product Management Agile Development Agile or Waterfall Development
  • 6. Search Execution Strategy Business Model Operating Plan + Hypotheses Financial Model Process Customer Development, Product Management Agile Development Agile or Waterfall Development Organization Customer Development Functional Organization Team, Founder-driven by Department
  • 7. Search Execution Strategy Business Model Operating Plan + Hypotheses Financial Model Process Customer Development, Product Management Agile Development Agile or Waterfall Development Organization Customer Development Functional Organization Team, Founder-driven by Department Education Business Model Organizational Behavior, HR Design, Customer Mgmt, Accounting, Modeling, Development, Startup team building, Entrepreneurial Strategy, Operations, Leaders Finance, Agile hip, Marketing, Manufacturin Development, Marketing, Opera g ting Executives, Founder Transition
  • 8. Search Execution Strategy Business Model Operating Plan + Hypotheses Financial Model Process Customer Development, Product Management Agile Development Agile or Waterfall Development Organization Customer Development Functional Organization Team, Founder-driven by Department Education Business Model Organizational Behavior, HR Design, Customer Mgmt, Accounting, Modeling, Development, Startup team Strategy, Operations, Leadersh building, Entrepreneurial ip, Marketing, Manufacturing Finance, Agile Development, Marketing Instructional Experiential, constructivist, lea Case, Lecture, Small Strategies rner-centered, Group, Mentorship inquiry-based
  • 9. Search Execution Strategy Business Model Operating Plan + Hypotheses Financial Forecasts Process Customer Development, Product Management Agile Development Agile or Waterfall Development Organization Customer Development Functional Organization Team, Founder-driven by Department Education Business Model Organizational Behavior, HR Design, Customer Mgmt, Accounting, Modeling, Development, Startup team Strategy, Operations, Leadersh building, Entrepreneurial ip, Marketing, Manufacturing Finance, Agile Development, Marketing Instructional Experiential, constructivist, lear Case, Lecture, Small Strategies ner-centered, inquiry-based Group, Mentorship