Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More

Alex Osterwalder
February 13, 2015
#
 min read
topics
Innovation Culture
Innovation Leadership
Organizational Design

This week Strategyzer organized an event that brought 40 innovation leaders together whose companies all use the Business Model Canvas and Lean Startup methodologies. Read on to learn how MasterCard, GE, 3M, Intel, Innovation Norway, and many more perform when it comes to Business Model Innovation and Lean Startup.

The meeting, which was a first, was kindly hosted by MasterCard at their headquarters in Purchase, New York. We organized it to help peers from large organizations that all use the Business Model Canvas and Lean Startup methodologies to learn from each other. We applied so-called Chatham House Rules to create a safe space that would allow participants to freely share their experiences. Under these rules participants are free to use the information received, but may not reveal the identity nor the affiliation of the source.

To facilitate the sharing and maximize the learning we applied a knowledge management tool that I originally learned about from my friend Geoff Parcell in his book Learning to Fly. We got every participant to complete a self-assessment regarding their organization's experience with the Business Model Canvas and Lean Startup methodologies. They assessed their performance with nine questions in three categories. Then we split the 40 participants into smaller groups to share challenges and best practices for each question.

 Business Model Innovation and Lean Startup Self-Assessment Framework

We aggregated all of the the self-assessments of the 40 participants in one diagram. This allowed us to capture the big picture of the knowledge and experience in the room as to the application of the Business Model Canvas and Lean Startup. In the diagram below you can see the lowest/highest score participants gave themselves for each question, as well as the median.

Leadership

Surprisingly, leadership support of the top management of their organizations was one of the smallest concerns of participants. The main challenge seemed to be to get the buy-in of busy middle managers who already have a lot on their plate. 

Culture & processes

In this category participants scored themselves regarding the spread of Business Model Canvas usage, the practice of design thinking skills, and the application of Lean Startup/testing principles. In all three categories participants admitted a large potential for improvement.  Not surprisingly most participating organizations (except for one) are still relatively inexperienced in scaling Lean Startup and the testing of business ideas.

Organizational design

Surprisingly, no participant gave his/her organization more than a score of three for the question on skills development, though the median was relatively high. Unsurprisingly, participants gave their organizations very low scores regarding intrapreneurship structures. It's just very hard to create strong institutionalized structures, processes and a dedicated incentive system for business model innovation projects.  

 Aggregate Self-Assessment from Strategyzer Peer Learning Summit
Aggregate Self-Assessment from Strategyzer Peer Learning Summit

The knowledge sharing was incredibly captivating and valuable. It turns out that every organizations had something to share and to learn. While some scored high on one question, they scored low on others. Overall, even the most advanced in this field took away learnings that they could implement in their own organizations.

How do you perform on the Business Model Innovation and Lean Startup Self-Assessment Framework?

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About the speakers

Alex Osterwalder
Entrepreneur, speaker and business theorist

Dr. Alexander (Alex) Osterwalder is one of the world’s most influential innovation experts, a leading author, entrepreneur and in-demand speaker whose work has changed the way established companies do business and how new ventures get started.

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Alex Osterwalder
February 13, 2015
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Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More
Insights

Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More

Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More
Insights

Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More

February 13, 2015
#
 min read
topics
Innovation Culture
Innovation Leadership
Organizational Design

This week Strategyzer organized an event that brought 40 innovation leaders together whose companies all use the Business Model Canvas and Lean Startup methodologies. Read on to learn how MasterCard, GE, 3M, Intel, Innovation Norway, and many more perform when it comes to Business Model Innovation and Lean Startup.

The meeting, which was a first, was kindly hosted by MasterCard at their headquarters in Purchase, New York. We organized it to help peers from large organizations that all use the Business Model Canvas and Lean Startup methodologies to learn from each other. We applied so-called Chatham House Rules to create a safe space that would allow participants to freely share their experiences. Under these rules participants are free to use the information received, but may not reveal the identity nor the affiliation of the source.

To facilitate the sharing and maximize the learning we applied a knowledge management tool that I originally learned about from my friend Geoff Parcell in his book Learning to Fly. We got every participant to complete a self-assessment regarding their organization's experience with the Business Model Canvas and Lean Startup methodologies. They assessed their performance with nine questions in three categories. Then we split the 40 participants into smaller groups to share challenges and best practices for each question.

 Business Model Innovation and Lean Startup Self-Assessment Framework

We aggregated all of the the self-assessments of the 40 participants in one diagram. This allowed us to capture the big picture of the knowledge and experience in the room as to the application of the Business Model Canvas and Lean Startup. In the diagram below you can see the lowest/highest score participants gave themselves for each question, as well as the median.

Leadership

Surprisingly, leadership support of the top management of their organizations was one of the smallest concerns of participants. The main challenge seemed to be to get the buy-in of busy middle managers who already have a lot on their plate. 

Culture & processes

In this category participants scored themselves regarding the spread of Business Model Canvas usage, the practice of design thinking skills, and the application of Lean Startup/testing principles. In all three categories participants admitted a large potential for improvement.  Not surprisingly most participating organizations (except for one) are still relatively inexperienced in scaling Lean Startup and the testing of business ideas.

Organizational design

Surprisingly, no participant gave his/her organization more than a score of three for the question on skills development, though the median was relatively high. Unsurprisingly, participants gave their organizations very low scores regarding intrapreneurship structures. It's just very hard to create strong institutionalized structures, processes and a dedicated incentive system for business model innovation projects.  

 Aggregate Self-Assessment from Strategyzer Peer Learning Summit
Aggregate Self-Assessment from Strategyzer Peer Learning Summit

The knowledge sharing was incredibly captivating and valuable. It turns out that every organizations had something to share and to learn. While some scored high on one question, they scored low on others. Overall, even the most advanced in this field took away learnings that they could implement in their own organizations.

How do you perform on the Business Model Innovation and Lean Startup Self-Assessment Framework?

related reads
No items found.
Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More

This week Strategyzer organized an event that brought 40 innovation leaders together whose companies all use the Business Model Canvas and Lean Startup methodologies. Read on to learn how MasterCard, GE, 3M, Intel, Innovation Norway, and many more perform when it comes to Business Model Innovation and Lean Startup.

Thanks for your interest in 
Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More
Strategyzer Peer Learning Summit with MasterCard, GE, 3M, Intel, and Many More
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Whether you’re looking for more information or you’re ready to start a project, we’re ready to help.
Thanks for your interest in our solutions. We will be in touch with you soon.