Arun Shravan for TechStory wrote a great piece called, “Lean vs Agile – Dawn Of Startup Strategies !”, he writes: “Before we go into the details of lean startup vs. agile, let us first explain what the above words mean, because even I have been coming across it for a long time, without grabbing the actual meaning of it.
Lean Startup
Let us start with some Wikipedia (like we have any other reliable source). Lean startup is a method for developing businesses and products first proposed in 2008 by Eric Ries. Based on his previous experience working in several U.S. startups, Ries claims that startups can shorten their product development cycles by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and what he calls validated learning.
Ries’ overall claim is that if startups invest their time into iteratively building products or services to meet the needs of early customers, they can reduce the market risks and sidestep the need for large amounts of initial project funding and expensive product launches and failures.
In his own words Eric Ries says that,
“Startup Success can be engineered by following the process, which means it can be learned, which means it can be taught…”
The Lean Startup provides a scientific approach to creating and managing startups and get a desired product to customers’ hands faster. The Lean Startup method teaches you how to drive a startup-how to steer, when to turn, and when to persevere-and grow a business with maximum acceleration. It is a principled approach to new product development. SNIP, click here to continue reading the Arun Shravan article @ TechStory… [end]
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