In August of 2020 I had the pleasure of joining the 5th Annual Lean Startups and Innovation Strategy workshop, hosted by Harvard Business School. During the workshop I was introduced to several eye-opening limitations of Lean startup and the business model canvas.

Curiosity sparked, I wanted to learn more. I contacted Professor Teppo Felin and he very kindly (on a weekend may I add) sent over several fascinating papers that he has co-authored on this topic, including the paper: ’‘Lean startup and the business model: Experimentation revisited’ by Professor Felin, Alfonso Gambardella, Scott Stern and Todd Zenger.

In August of 2020, I had the pleasure of joining the 5th Annual Lean Startups and Innovation Strategy workshop, hosted by Harvard Business School. It was during this workshop I was first introduced to several eye-opening limitations of Lean and the business model canvas.

“If I had asked them what they wanted, they would have asked for faster horses.”

This quote is famously attributed to Henry Ford. Putting aside the contentious issue of whether Ford ever uttered these words, the quote itself raises two interesting questions