Business

Business related information for the education industry.  Our focus is on education and entrepreneurship, and how we can support education entrepreneurs use techniques like Lean Startup and Agile development.

Problem statement being solved by lego man

DEFINING YOUR PROBLEM STATEMENT IN 5 STEPS

 In the spirit of full disclosure, LeanEducationLab.com is not a strong advocate of the traditional “Plan long and hard before trying anything” methodology that continues to dominate mainstream thinking in both education and business.  Though we are firm believers that entrepreneurs and startups should have an understanding of the Strategic Cycle, we are nonetheless experimenters …

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Strategic planning is like chess

WHAT IS STRATEGIC PLANNING?

The essence of strategy is in the activities:Choosing to perform activities differently or to perform different activities than rivals. Michael Porter In its simplest form, strategy consists of only three things: Information, Choices, and Actions. Similar to how a game of chess only has three sets of objects (a board, white pieces, and black pieces). …

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