Leverage lean principles to reduce waste from "summary" of The Lean Startup by Eric Ries
Leveraging lean principles to reduce waste is a fundamental concept in the Lean Startup methodology. By doing so, startups can increase efficiency, save resources, and ultimately improve their chances of success. In the context of Lean Startup, waste refers to anything that does not add value to the customer. This can include overproduction, unnecessary features, excess inventory, and defects.
One of the key principles of Lean Startup is the idea of building a Minimum Viable Product (MVP) to test assumptions and gather feedback from customers. By focusing on the essentials and eliminating anything that does...
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