7 out of 10 new products cannot deliver on expectations.

Our guest’s book aims to reverse that statistic.

In the tradition of his 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-colour 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.

The 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 organisation and make experimentation a continuous, repeatable process.

More about Alex here:

http://alexosterwalder.com/

Testing Business Ideas: A Field Guide for Rapid Experimentation with Alex Osterwalder

The Innovation Show