Experimentation Velocity / % of teams that run experiments
Insight Velocity / % of experiments that generate insights
% of falsified hypothesis (validated/invalidated experiments ratio)
Retrospectives / % of weeks teams have run retrospectives in the last month
Qualitative data – team sprint demo (weekly, biweekly)
Topics and Insights
(01:40) The problem – why do we need to measure innovation teams differently
(05:00) All teams should be measured against something they can control
(06:00) For innovation teams, even product related lead indicators often can not be applied as the lead indicator might not yet be known
(10:00) If Zombies were chasing Tristan, he might be able to run 5 blocks
(11:00) Nobody knows what product team will win, but we do know that teams that experiment and learn faster, have a much better chance to achieve Product-Market-Fit. Tom Eisenmann from Harvard University just released data to back this up
(14:30) The solution – how to fairly and effectively measure innovation team
(15:00) Separating the measurement of the product from the measurement of the team
As a Silicon Valley-based lean startup coach and founder of Kromatic, Tristan works with innovation teams to run at least one experiment/research per week to improve their product and business model.
For larger companies and governments, Tristan and his team work with corporate teams and leaders to build innovation ecosystems.
Tristan designed lean startup programs such as the Build or Die Bootcamp for TechBA (Mexico) and the Innovation Partnership Program (Vietnam-Finland) in addition to being part of Luxr, whose Core Curriculum has been used by 13 accelerators internationally, including Singularity University, 500 Startups, & The United States Innovation Fellows.
Tristan regularly speaks, appears on panels, and gives workshops internationally with organizations such as the Stanford Center for Entrepreneurial Studies & D-school, Dubai Chamber of Commerce, General Electric (GE), and more.
Originally from New York City, he has lived in Germany, Switzerland, Taiwan, and Vietnam, and currently resides in San Francisco, USA. With his remaining hours, Tristan volunteers his time with early stage startups.
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