A3: Lean For Social Impact: Innovating for Greater Impact and Scale, Steve Nagai-Ma (2 of 2)
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2019 Lean Startup Conference
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A3: Lean For Social Impact: Innovating for Greater Impact and Scale, Steve Nagai-Ma (2 of 2)
- 1. Proposed Solution Key Value Metrics What conversion & engagement rates will you achieve? MVP TEST LEARN Pick your riskiestmetric. Describe the experiment you will run to quickly validate (or invalidate) that metric. RESPOND Based on the data, chose one… • Iterate (revise solution & test again) • Pivot (move on to a new solution) • Scale up (expand your solution – only when you’ve validated all key metrics) Key Impact Metrics Key Scale Metrics What were the results of your test? Did you validate your metric? What insights did you gain? Constituency What positive impact will your solution make? Are there unintended consequences to consider? SOCIAL INNOVATION CANVAS TransformativeGoalProblem Who will you serve; how big is the population? What societal problem do you hope to address? What are your goals for scale and impact? Be specific and ambitious but don’t reference a solution. Describe a solution that offers value, can scale up, & makes impact. Validate all key metrics through tests Devise metrics that define success for your solution What is your projected cost and revenue per www.FlyingBird.us person?How will you make more revenuethan your costs? Innovation Accounting For each test, document what you tested, the results, your learnings, and what iteration(s) you plan to test next. When iterating, track your results and learnings