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Testing Business Ideas: A Field Guide for Rapid Experimentation

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A practical guide to effective business model testing

7 out of 10 new products fail to deliver on expectations. Testing Business Ideas aims to reverse that statistic. In the tradition of Alex Osterwalder’s global bestseller Business Model Generation, this practical guide contains a library of hands-on techniques for rapidly testing new business ideas.

Testing Business Ideas explains how systematically testing business ideas dramatically reduces the risk and increases the likelihood of success for any new venture or business project. It builds on the internationally popular Business Model Canvas and Value Proposition Canvas by integrating Assumptions Mapping and other powerful lean startup-style experiments.

Testing Business Ideas uses an engaging 4-color format to:

  • Increase the success of any venture and decrease the risk of wasting time, money, and resources on bad ideas
  • Close the knowledge gap between strategy and experimentation/validation
  • Identify and test your key business assumptions with the Business Model Canvas and Value Proposition Canvas

A definitive field guide to business model testing, this book features practical tips for making major decisions that are not based on intuition and guesses. Testing Business Ideas shows leaders how to encourage an experimentation mindset within their organization and make experimentation a continuous, repeatable process.

Testing Business Ideas: A Field Guide for Rapid Experimentation| David J. Bland (Author), Alexander Osterwalder (Author) | Wiley

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Table of Contents

Chapter 1. Design
Design the Team
Shape the Idea

Chapter 2. Test
Hypothesize
Experiment
Learn
Decide
Manage

Chapter 3. Experiments
Select an Experiment
Discovery
Validation 

Chapter 4. Mindset
Avoid Experiment Pitfalls
Lead through Experimentation
Organize for Experiments 

Afterword

LINK FOR THE BOOK

https://www.amazon.com/Testing-Business-Ideas-Field-Experimentation-ebook-dp-B07ZZM9FDT/dp/B07ZZM9FDT/ref=mt_other?_encoding=UTF8&me=&qid=1592917115

 

Written by Bharath Ravi

Business Consultant whose qualification includes a Bachelor’s degree in the field of Mechanical specialized in Automobile & Manufacturing; Trained in Certified Supply Chain Professional (CSCP) Certification, Hands on Foundation Certificate in Business Analysis, BCS (UK) and Certified Professional for Requirements Engineering (CPRE-FL).

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