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Prepara tus exámenes
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This course covers the key principles and techniques of the lean startup methodology in the context of product development. Students will learn how to critically assess various product and service design techniques, identify customer needs as the basis for successful product development, and create a comprehensive product development plan including a go-to-market strategy. The course also covers important management and generic skills such as marketing and sales, business innovation and enterprise development, and commercial acumen. Through independent learning activities, students will develop skills in areas like customer observation, mvp development, and go-to-market strategy formulation. The course aims to equip students with the knowledge and tools to take innovative business ideas and turn them into successful new products, services, or organizations.
Tipo: Guías, Proyectos, Investigaciones
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Final Group Report (Written: Content) % of Total Grade Unacceptable <60% (1) Borderline 60-69% (2) Partially proficient 70-82% (3) Proficient 83-89% (4) Accomplished 90-100% (5) Executive Summary (10%) 80% Executive Summary: Information is not provided or very limited. Does not provide a summary of report. Does not cover all sections required. Executive Summary: Background information is provided but does not build a context for the report. Readers do not understand the plan from beginning to end. Some sections mentioned and others not, or all poorly presented. The reader cannot build an understanding of the business entity or plan. Executive Summary: An adequate summary of the relevant parts of the report, although some data is poorly selected or missing. However, the executive summary must cover all areas of the report. Executive Summary: A competent review of the report with major relevant parts summarized. Includes all areas of the report. Executive Summary: A thorough summary of the report and other relevant areas pertaining to the subject matter. Covers all areas of the report. It allows someone who can read ONLY the executive summary to walk away with a solid understanding of the overall purpose, scope, methods, and findings of the research. It is no longer than two pages. Introduction (10%) Introduction: Limited introduction to the business identity and its core values; and an overall unclear focus. Objectives : The business objectives are poorly formulated and/or not doable. Introduction: Either the introduction or objectives are unclear or do not fit together well. Work needed to align, add content, and make sense of the focus. Students provide a very limited definition of the business statements. Objectives: Evident but does not fulfil requirements nor are aligned to other parts of the report. Gaps evident. Little summarization of business goals and strategy . Introduction: Adequately introduced. Some issues with the wording and the outcomes are partially proficient. Business statements are partially included and describe the purpose of the business. What, why and how is cover together with an overview of the start-up approach, product development, rationale, and relevance. Some summarizations of business goals and strategy. Objectives: Adequately aligned objectives. Some summarizations of business goals and strategy. Introduction: A well put together introduction. Details also include relevant background data, existing information gap(s) and why the gap(s) needs to be filled. Business statements are clear and describe the purpose of the business. What, why and how is cover together with start-up approach and relevance to product development, the rationale and relevance, and significance of a new smart home product. These all reflect an understanding of the fundamental beliefs regarding the appropriate manner in which to conduct company activities. Objectives: Relevant and clear set of objectives. Good, detailed summarization of business goals and strategy Introduction: Insightful and skillfully designed introduction and objectives. The reader understands fully the purpose and importance of the report. Business statements are clear, precise, concise and describe in great detail the purpose of the business. What, why and how is cover together with the start-up approach and relevance to product development, the rationale and relevance, and significance of a new smart home product. All sections reflect a thorough understanding of the fundamental beliefs regarding the appropriate manner in which to conduct company activities. Very detailed summarization of business goals and strategy. Objectives: Insightful and skillfully designed set of objectives. Very detailed summarization of business
Final Group Report (Written: Content) % of Total Grade Unacceptable <60% (1) Borderline 60-69% (2) Partially proficient 70-82% (3) Proficient 83-89% (4) Accomplished 90-100% (5) provide a clear and well-formulated stepping point into the rest of the report. The story telling is clear and informative. Product (20%) Product : The ‘what’, ‘why’, ‘where’ and ‘when’ concerning production and operations not present. The plans do not support the objectives and shows a clear lack of understanding, thought and reading. No evidence of research. Product : Little description of how the product in terms of customer, product concept and market validation. There is evidence of significant errors. The description of some parts is vague and not linked to the objectives. There are too many gaps and unknowns for the plan to be deemed valid and reliable. Product : Some description of product in terms of customer, product concept and market validation. There may be some evidence of misunderstanding. More is needed to show 100% reliability and validity, although the data is used to support the objectives. Operations : Good detailed description and justification of how the product in terms of customer, product concept and market validation. There may be a little evidence of misunderstanding. Clear explanation of the selected data but falls a little short on justifying the objectives. However, clear understanding is shown. Operations : Very detailed description and justification of how the business will be managed day-to- day in terms of the product in terms of customer, product concept and market validation. No evidence of any significant misunderstandings. Very clear and concise description and justification of production and operations used to address the objectives. Information is also thoroughly supported by academic literature. Go-to-Market Strategy (10%) Marketing Strategy: Poor, inadequate review of information on the topic. Not enough research or relevant literature is presented. Does not link or lead towards the objectives or business focus. Marketing Strategy: Details was poorly discussed and lacked mention of some specific information. There is evidence of significant misunderstandings. A minimal review of some literature and limited research on the topic. The literature thinly leads to the objectives and does not convince the reader of the breadth or dept of research, so does not provide a stepping point for the report. Marketing Strategy: Marketing of the business was partially discussed including some but not all of the following: target groups, target market segmentation, sales, and distribution strategies. There may be some evidence of misunderstanding. An adequate review of some current literature and research on the topic. Although it does not totally convince the reader of thorough research it does provide enough supported literature to support the topic and plan. The literature links and leads to the objectives. Marketing Strategy: Marketing of the business was discussed including target groups, target market segmentation, sales, and distribution strategies. There may be a little evidence of misunderstanding. A fairly competent review of current literature and research on the topic. The literature is well supported, up to date and supports the study. It also provides a clearly formulated stepping point into the report and rest of the report. The story telling is clear and informative. Marketing Strategy: Marketing of the business was thoroughly discussed including target groups, target market segmentation, sales and distribution strategies. No evidence of any significant misunderstandings. The narrative is thoroughly supported and argued. Thorough, in-depth review of current literature and research on the topic. The literature is thoroughly supported and no more than 5 years old^2. Sources are also reliable and relate directly to the report and provide a clear and well-formulated stepping point into the rest of the (^2) Ideally literature should be recent and no more than 5 years old, however, based on the specifics of the study older literature can be used with the permission of the promoter.
Final Group Report (Written: Content) % of Total Grade Unacceptable <60% (1) Borderline 60-69% (2) Partially proficient 70-82% (3) Proficient 83-89% (4) Accomplished 90-100% (5) report. The story telling is clear and informative. Financial Plans (optional) Financial Plans: Very few or no possible financing sources were identified, and business financial outlook was very poorly mentioned. Development needed. The data does not relate to supporting literature and data is not valid or reliable. Shows weaknesses apparent in previous sections. Financial Plans: Few possible financing sources were identified and business financial outlook was thinly mentioned. Development needed. Financial Plans: Some possible financing sources were identified, and business financial outlook was partially mentioned. . Financial Plans: Possible financing sources were identified, and business financial outlook was described and justified. Financial Plans : Possible financing sources were identified, and business financial outlook was thoroughly described and justified. Shows thought, mastery, an understanding of the topics. There is a cross-functional approach to the outcomes. Conclusion (10%) Conclusion: Inadequate description and presentation of the conclusion and recommendations. Information is hard to follow, and discussion is not logical or does not make sense. The data does not relate to supporting literature and data is not valid or reliable. Shows weaknesses apparent in previous sections. So, lacking connectivity. Conclusion: Little description of the conclusion and recommendations. There is evidence of significant misunderstandings and improvements can be made in order to further develop outcomes. The data does not or weakly relate to supporting literature and questions left in the reader’s mind. Conclusion: Some description of the conclusions and recommendations. There may be some evidence of misunderstanding. A reasonably adequate description but fails to address its validity & reliability. Reader not always sure if the conclusion and recommendations will achieve its hoped-for outcomes. Conclusion: Good detailed description of the conclusion and recommendations. There may be a little evidence of misunderstanding. Clear description of the lessons learned challenges, findings and outcomes, and recommendations but falls short of justifying its validity & reliability. Conclusion: Very detailed description of the lessons learned, challenges, findings, and outcomes. Strong recommendations. No evidence of any significant misunderstandings. Data links well to literature and uses proper in-text citations. Analytical and Critical Thinking (10%) Analytical thinking: Concept, or idea is not clearly articulated, or its component elements are not identified or described. Research information is poorly categorized and/or not examined; research information is often inaccurate or incomplete; presents little if any analysis or interpretation. Inaccurately and/or inappropriately applies, techniques, models, frameworks and/or theories to the analysis. Critical thinking : Presents few Analytical thinking: Concept, or idea is not clearly articulated at times and confusing; research information is badly organized, categorized and/or only superficially examined; research information is often incomplete; presents limited analysis or interpretation; inaccurately and/or inappropriately applies techniques, models, frameworks and/or theories to the analysis. Critical thinking: Presents some solutions but they are often not well supported, or logical. Presents Analytical thinking : Adequately identifies and describes (or sketches out) the concept, or idea and its components; gathers and examines information relating to the or objectives; satisfactorily presents and appraises research information with some inconsistencies, irrelevancies, or omissions; weakly appropriate techniques, models, frameworks and/or theories with some inaccuracies. Critical thinking: Outlines solutions that are somewhat logical and Analytical thinking: Formulates a clear description of the concept, or idea and specifies major elements to be examined; selects information appropriate to addressing the objectives; accurately and appropriately analyses and interprets relevant research information; effectively applies appropriate techniques, models, frameworks and/or theories in developing and justifying multiple solutions or conclusions. Critical thinking: Solutions are Analytical thinking: Effectively formulates a clear description of the concept, or idea and specifies major elements to be examined; selects and prioritizes information appropriate to addressing the objectives; accurately and appropriately analyzes and interprets relevant research information; precisely analyzes, evaluates, and communicate information; effectively; applies models, frameworks and/or theories in developing and justifying solutions
Final Group Report (Written: Content) % of Total Grade Unacceptable <60% (1) Borderline 60-69% (2) Partially proficient 70-82% (3) Proficient 83-89% (4) Accomplished 90-100% (5) Tone : Non-academic style (use of contractions, inclusion of folksy vocabulary, tortured sentence structure, poor paragraphing, etc.). The report is too informal and is not academically or objectively written. The use of the first person (I or we) is evident. terms, some redundancy, some tendency to include sentence and paragraph structures which are dense, confusing, and overly adorned. Tone: Some non-academic jargon may be present with an overall attitude of informality in writing. than necessary, technical terms mostly used correctly. Tone: Academic and formal writing present with some omissions and the use of some informational writing phraseology. than necessary, technical terms mostly used correctly. Tone: The attitude conveyed in the writing is that required of a masters formal academic and objective report. paragraphing, not dense or cryptic. Tone : Professional, academic, and formal writing evident that shows an attitude of objectivity and uses correct academic writing conventions (e.g., formal terminology, unbiased, correct sentence order, active voice etc.) Use of References & Headings (25%) In-text : Does not conform to the required Harvard style specifications and has generally unacceptable errors in the use of headings and in- text citations. Reference list: None provided or limited with many formatting errors. Also contains references that were not cited in text, or missing references that were cited in text. In-text: Conforms to the major specifications of the Harvard style and has relatively few errors in the use of headings, in- text citations. Reference list: Limited with too many formatting errors. Also contains references that were not cited in text, or missing references that were cited in text. Checking needed. In-text: Conforms to the requirements of the Harvard style, although some errors evident to be totally proficient in headings and in-text citations. Reference list : Partially proficient with some formatting errors, although all references cited in text and vice versa. In-text : Conforms to all the required specifications of the Harvard style and has very few errors in the use of headings and in-text citations. Reference list: All references are listed correctly, with one or two errors and are found in text. In-text: Conforms to all the required specifications of the Harvard style and has no errors in the use of headings and in-text citations. Presents compelling evidence from professionally and academic legitimate sources; attribution is clear and accurate; all references are primarily peer- reviewed professional journals or other approved sources Reference list: All references are listed correctly, are error free and are found in text. Writing Skills (25%) Writing: Generally poor use of English characterized by numerous errors, unclear, incorrect and/or illogical statements. Spelling and grammar: Spelling and grammar errors are evident, making it hard to read and messy. Spell and grammar checks needed. Uses British English when American English is required. Writing: Reasonably clear and correct use of English characterized by generally clear expression, with although some imprecise and/or incorrect statements evident. Spelling and grammar: Too many spelling and grammar errors to be partially proficient. Uses British English when American English is required. Work needed. Writing: Clear and correct use of English. Writing is characterized by a partially proficient style of expression, with some imprecise and/or incorrect statements. Uses adequate sentence structure throughout document. Spelling and grammar: A few errors evident. Uses British English when American English is required. Writing: Clear and correct use of English characterized by a clear style of expression, with few imprecise and/orincorrect statements. Uses correct sentence structure throughout document. Spelling and grammar: Very few spelling or grammar errors in text, with some mix of American and British English evident. Writing: Clear and correct use of English characterized by a very lucid style of expression, with no imprecise and/or incorrect statements. Readability enhanced by facility in language use, range of diction and syntactic variety. Spelling and grammar: No spelling or grammar errors. Uses American English throughout.