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Concept
Pivot Or Persevere Decision
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Summary
The '
Pivot Or Persevere Decision
' is a critical juncture in the
Lean Startup Methodology
where entrepreneurs evaluate whether to continue on their
Current Path
or
Adjust their strategy
to better meet
Market Needs
. This decision is based on
Validated Learning
,
Customer Feedback
, and
Data-driven Insights
to ensure resources are effectively utilized for
Business Growth
.
Concepts
Lean Startup
Validated Learning
Customer Feedback
Data-driven Decision Making
Business Strategy
Market Needs
Resource Allocation
Innovation Accounting
Minimum Viable Product
Relevant Degrees
Production Engineering and Planning 50%
Marketing and Sales 30%
Strategic and Operational Direction 20%
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