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Ideas and methods of lean and agile startup in the VUCA Era

In today’s volatile, uncertain, complex and ambiguous (VUCA) era, entrepreneurs face highly uncertain startup environments. Thus, traditional methods for launching startup businesses must address the challenges associated with uncertain environments. Based on the definition of startup as “the practi...

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Detalles Bibliográficos
Autores principales: Wang, Chengbin, Dai, Min, Fang, Yongyan, Liu, Chuanfeng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9362080/
http://dx.doi.org/10.1007/s11365-022-00797-3
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author Wang, Chengbin
Dai, Min
Fang, Yongyan
Liu, Chuanfeng
author_facet Wang, Chengbin
Dai, Min
Fang, Yongyan
Liu, Chuanfeng
author_sort Wang, Chengbin
collection PubMed
description In today’s volatile, uncertain, complex and ambiguous (VUCA) era, entrepreneurs face highly uncertain startup environments. Thus, traditional methods for launching startup businesses must address the challenges associated with uncertain environments. Based on the definition of startup as “the practical activity of starting a business in an uncertain environment”, the greatest challenge in startup is reducing uncertainty. Thus, this paper defines the lean and agile startup (LAS) method by using the business model canvas (BMC) as an iterative tool and combining the customer development (CD) method and agile method (AM). LAS is an upgraded version of lean startup (LS) that provides entrepreneurs with a “0-to-1” startup exploration method. It allows entrepreneurs to promote startup exploration activities through the “hypothesis-exploration-test-cognition” iterative model, thereby evolving their ideas into sustainable business models. Moreover, this paper articulates a developmental approach for building iterative startup software based on LAS. It therefore offers entrepreneurs a convenient and visual iterative tool for startup to improve the effectiveness of startup exploration. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s11365-022-00797-3.
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spelling pubmed-93620802022-08-10 Ideas and methods of lean and agile startup in the VUCA Era Wang, Chengbin Dai, Min Fang, Yongyan Liu, Chuanfeng Int Entrep Manag J Article In today’s volatile, uncertain, complex and ambiguous (VUCA) era, entrepreneurs face highly uncertain startup environments. Thus, traditional methods for launching startup businesses must address the challenges associated with uncertain environments. Based on the definition of startup as “the practical activity of starting a business in an uncertain environment”, the greatest challenge in startup is reducing uncertainty. Thus, this paper defines the lean and agile startup (LAS) method by using the business model canvas (BMC) as an iterative tool and combining the customer development (CD) method and agile method (AM). LAS is an upgraded version of lean startup (LS) that provides entrepreneurs with a “0-to-1” startup exploration method. It allows entrepreneurs to promote startup exploration activities through the “hypothesis-exploration-test-cognition” iterative model, thereby evolving their ideas into sustainable business models. Moreover, this paper articulates a developmental approach for building iterative startup software based on LAS. It therefore offers entrepreneurs a convenient and visual iterative tool for startup to improve the effectiveness of startup exploration. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s11365-022-00797-3. Springer US 2022-08-03 2022 /pmc/articles/PMC9362080/ http://dx.doi.org/10.1007/s11365-022-00797-3 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2022 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Wang, Chengbin
Dai, Min
Fang, Yongyan
Liu, Chuanfeng
Ideas and methods of lean and agile startup in the VUCA Era
title Ideas and methods of lean and agile startup in the VUCA Era
title_full Ideas and methods of lean and agile startup in the VUCA Era
title_fullStr Ideas and methods of lean and agile startup in the VUCA Era
title_full_unstemmed Ideas and methods of lean and agile startup in the VUCA Era
title_short Ideas and methods of lean and agile startup in the VUCA Era
title_sort ideas and methods of lean and agile startup in the vuca era
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9362080/
http://dx.doi.org/10.1007/s11365-022-00797-3
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