Design Thinking for Startups: Resources
Thinking Tools
Design Thinking
Jugaad
Six Thinking Hats: Edward de Bono
Porter
Challenge the Porter’s Five Forces Model.
Five Forces (Challenge hint)
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Competitive Rivalry ( Coopetition)
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Supplier Power (Network effect on supplychain)
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Buyer Power (co-creation)
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Threat of Substitution (disruption of the business model)
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Threat of New Entry (Barrier to exit)
Linked: The New Science of Networks By: Albert-Laszlo Barabasi. This book is a must read to understand how the Porter’s world is changing.
Tools for Business Modelling
Lean Startup
"If the data invalidates your hypothesis, you keep some elements fixed and change other elements. But how do you know what to pivot to? The guiding principle is deeper customer understanding." Stefanos Zenios