hyatt talk: how big companies can be more like startups (without the 'going out of...

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How Big Companies Can Be More Like Startups (Except without the going out of business part) @ZacharyCohn Wonful Consulting

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Page 1: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

How Big Companies Can Be More Like Startups(Except without the going out of business part)

@ZacharyCohn Wonful Consulting

Page 2: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Rock.. Paper.. War!

Page 3: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

What is a startup?

Page 4: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

“A startup is an organization formed to search for

a repeatable and scalable business model.”

-Steve Blank

Page 5: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 6: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 7: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

What is a corporation?

Page 8: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

“A corporation is an organization that has found, and is executing,

a repeatable and scalable business model.”

Page 9: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 10: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 11: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

What are the implications of executing on a working model?

Page 12: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Company policies are the white blood cells

of anti-innovation

Page 13: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Start Small.

What do you already have the power to do?

Page 14: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

The Top 3.5 Things You MUST Learn From Startups

(you won’t believe #1.5!)

Page 15: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

1: Talk To Customers

1.5: Everyone talks to customers!

2: Experimentation

3: Creativity

Page 16: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

1: Talk To Customers

1.5 Everyone talks to Customers

2: Experimentation

3: Creativity

Page 17: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 18: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

1: Talk To Customers

1.5: Everyone talks to customers!

2: Experimentation3: Creativity

Page 19: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 20: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

4 Customer Interview Rules

Pull, Don’t PushActual Self vs Ideal SelfPast Behavior Future BehaviorStories are better than Statements

Page 21: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Customer Interview Techniques

The Five Why’s

Page 22: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Customer Interview Techniques

The Five Why’s“Tell me more…”

Page 23: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Practice Time!

Page 24: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

5 Customer Interview Techniques

The Five Why’s“Tell me more…”“Tell me about the last time…”

Page 25: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

5 Customer Interview Techniques

The Five Why’s“Tell me more…”“Tell me about the last time…”“What do you mean by…?”

Page 26: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

5 Customer Interview Techniques

The Five Why’s“Tell me more…”“Tell me about the last time…”“What do you mean by…?”What are they doing today?

Page 27: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Recommendation!

Every single person at a company should interact with at least one customer every

two weeks.

Page 28: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

1: Talk To Customers

1.5: Everyone talks to customers!

2: Experimentation

3: Creativity

Page 29: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

“Fail Fast”

Glorification of Failure

Page 30: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 31: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

“Don’t glorify failure. But if it’s going to

happen, make it fast.”

Glorification of Experimentation

Page 32: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

“Business plans rarely survive first contact with

customers.”

– Steve Blank

Page 33: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 34: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)
Page 35: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

1: Talk To Customers

1.5: Everyone talks to customers!

2: Experimentation

3: Creativity

Page 36: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

“Creativity is just Terrible Ideas +

Iteration”

Page 37: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Creativity is best with:

ConstraintsNo Judgment

Fast Cycles, Many Iterations

Page 38: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

Half Baked

Page 39: Hyatt Talk: How Big Companies Can Be More Like Startups (Without the 'going out of business' part)

@ZacharyCohnWonful.co