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Principles of Lean Start-ups - BBH461C

Course Information

Department Business and Management (BGR)
Course Code BBH461C
Total Teaching Hours/Sem 45
Lecture Hours/Week 3
Max Marks 100
Credits 3

Course Description

Entrepreneurship is the study of being innovative and building a startup, establishing it, running it, and managing it. This course is designed on Lean startup principles and scientific approach to creating and managing startups to get a desired product to customers' faster.

Course Objectives

  • To enable students to understand how to drive a startup.
  • To equip students on how to grow a business with maximum acceleration.
  • To introduce strategies of scaling up business.
  • To facilitate learning of building MVP.

Course Outcomes (CO)

  • CO1: Demonstrate an understanding of basic principles of Lean Startup.
  • CO2: Apply Agile process of scaling startup.
  • CO3: Demonstrate skills to reduce startup failure.
  • CO4: Exhibit knowledge on building MVP.

Course Focus and Units Overview

Unit 1: Introduction

  • Origin of lean startup, what is Lean?, why startups fail, principles of Lean, the Lean startup process.

Unit 2: Lean Manufacturing

  • Introduction to Lean, Lean practices - Kanban, Value stream mapping, Kaizen, principles of Lean manufacturing.

Unit 3: Agile Leadership

  • Agile leadership – Meaning, learning agility, empathy, thoughtful decisiveness, digital literacy, Agile and digital society.

Unit 4: Lean UX

  • Introduction to Lean UX, process, Lean UX canvas model, team organization.

Unit 5: Creating MVP

  • Meaning, significance, creating an MVP to understand value, understand implementation.

Assessment Outline

  • CIA I: Group assignment focusing on various startup scenarios.
  • CIA II (MSE): Written exam covering the first three units.
  • CIA III: Group assignment on applying lean principles during launch of startups.
  • ESE: Written exam covering all units.

Evaluation Pattern

MSE & ESE QP Patterns: - Duration: 2 Hrs | Max Marks: 50 - Section A: 3 Questions x 5 Marks = 15 Marks (3 out of 5 to be answered) - Section B: 2 Questions x 10 Marks = 20 Marks (2 out of 3 to be answered) - Section C: 1 Case Study x 15 Marks = 15 Marks (Compulsory Question)

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