Lean Startup as the Innovation Engine for the Digital Agency at AXA

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1 Yves Caseau Head of AXA Digital Agency NATF (National Academy of Technologies of France) Lean Startup as the Innovation Engine for the Digital Agency at AXA Yves Caseau Group Head of Digital, AXA National Academy of Technologies Yves Caseau - Lean Startup at AXA November /15

2 Outline LEAN STARTUP 1. Design Thinking Capture the pain points, define the job to be done 2. Minimum Viable Product Meet your users on their turf and learn from them MINMUM VIABLE PRODUCT PIRATE METRICS CUSTOMER FEEDBACK LEARNING LOOP PRODUCT MARKET FIT 3. Growth Hacking Harvest customer satisfaction GROWTH HACKING Life is too short to build stuff that people do not use Yves Caseau - Lean Startup at AXA November /15

3 Innovation is solving a problem that matters Pain point : a problem that is known or hidden Don t ask customers what they want Define the job to be done from the customer s point of view Yves Caseau - Lean Startup at AXA November /15

4 Pains may be hidden one behind another Pain-storming to find root causes Observe customers to find the solutions that they have found Craft your promise with care Unique Value Proposition Yves Caseau - Lean Startup at AXA November /15

5 Design Experiences to Procure Deep Customer Satisfaction Customer-centric view of products & services Experience design to reduce friction and increase pleasure Emotion design : think like a magician Yves Caseau - Lean Startup at AXA November /15

6 Learn By Observing Customers as Fast as Possible MVP: Minimum Viable Product that user may use Fail Fast but iterate to succeed sooner! Innovation Accounting : know your assumptions to validate or invalidate them Yves Caseau - Lean Startup at AXA November /15

7 Do One Thing, Really, Really Well - Google Only one chance to make a good impression The UVP is the promise that the MVP delivers Measure as much as you can to base your decisions on facts Yves Caseau - Lean Startup at AXA November /15

8 Distributed Agile is like Long-Distance Relationships Compelling digital experiences rely on multi-components systems Create long-distance proximity at all costs Practice & cross-functional training : Distributed Agile is hard DevOps : Continuous build and delivery requires automation Yves Caseau - Lean Startup at AXA November /15

9 The Fastest Way to Learn is to Talk to Customers Three paths to implement a Customer Feedback Learning Loop Troubleshooting is priority #1, before adding features Set measurable goals, such as the Sean Ellis test Yves Caseau - Lean Startup at AXA November /15

10 Growth Hacking is the Art of Growing Adoption Curves Use Pirate Metrics to understand your customer growth Nail It before Scale It : retention before virality A3 is still the best tool to manage continuous improvement Yves Caseau - Lean Startup at AXA November /15

11 The Business Case is the Consequence, not the Seed of Digital Innovation Grow the business model from customer usage Affordable Loss versus Business Case Pivoting : Producing new assumptions from observing new usage Yves Caseau - Lean Startup at AXA November /15

12 Make Your Product Your Distribution Channel Growth Hacking : Mix marketing into your source code Create a growth model based on retention and virality Virality is not something that you do to a product. It is something that the product is. Seth Godin Yves Caseau - Lean Startup at AXA November /15

13 WRAP-UP LEAN STARTUP MINMUM VIABLE PRODUCT PIRATE METRICS CUSTOMER FEEDBACK LEARNING LOOP PRODUCT MARKET FIT GROWTH HACKING Yves Caseau - Lean Startup at AXA November /15

14 Lean Startup Key Practices Checklist Design Thinking Minimum Viable Product Acquisition Satisfied Community Referals Scaling Observation Delivers UVP CFLL (Customer Feedback Learning Loop) Marketing $ Paint points Beta feedback Journey Map Engage users Virality growth Partners UVP Tree Analytics LP Optimization Grow fans Testimonials Distribution Emotion design Landing Pages PDCA (Plan, Do, Check, Act) Bundling Yves Caseau - Lean Startup at AXA November /15

15 Conclusion Lean Startup is a methodology that works! Has become a de facto standards, modulo variations Lean Canvas practice : really useful Toyota Way applied to producing validated knowledge Main contribution of Eric Ries : identifying the process part of innovation Lean principles and culture throughout Lean Startup co-exists with new requirements for producing software in the digital world Growth Hacking Satisfaction & Retention Virality Scaling Lean Startup Product Development Cycle Minimum Viable Product Agile Team Lean UX Focus+Excellen ce Design Thinking Painstorming Problem focus Prototyping UVP Success in the digital world stems from hands-on capabilities Fully compatible with DevOps ambition (software) code Agile Teams SCRUM Extreme Programming Lean Software team Product Lean Software Factory / Devops Software Factory Configuration Automation Infrastructure as code Continuous process Build Test Delivery Customer Yves Caseau - Lean Startup at AXA November /15

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