[Topic 2] Ideation Flashcards

1
Q

What is a good start-up project?

A
  1. Market - good revenue
  2. Idea - simple enough
  3. Supply - easily sourced out
  4. Solves a problem
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Types of customer needs

A
  1. Conscious
  2. Unconscious
  3. Unseeded
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

(Basic) needs based on the customer’s logic, critical thinking, and willpower.

A

Conscious

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

(Psychological) Needs that appeal to the customer’s belief, creativity, imagination, intuition, values, emotions, and feelings.

A

Unconscious

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

(Self-fulfillment) Needs that achieve the customer’s full potential and creativity.

A

Unseeded

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Technology Readiness Level 1

A

Basic principles observed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Technology Readiness Level 2

A

Technology concept formulated

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Technology Readiness Level 3

A

Experimental proof of concept

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Technology Readiness Level 4

A

Technology validated in the lab

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Technology Readiness Level 5

A

Technology validated in the relevant environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Technology Readiness Level 6

A

Technology demonstrated in relevant environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Technology Readiness Level 7

A

System prototype demonstration in operation environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Technology Readiness Level 8

A

System complete and qualified

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Technology Readiness Level 9

A

Actual system proven in operation environment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Project Team Formation (Startup)

A
  1. Scrum Master
  2. Connector
  3. Maven
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Roles of a Scrum Master

A
  1. Project management
  2. Document and scheduling
  3. Internal communication
  4. Remove obstacles that affect the team
  5. Identifies actional items
  6. Distribute tasks
  7. Track and document progress
17
Q

Roles of a connector

A

The KnowWho Member
Knows the following
1. Customer problem
2. Day in the life of the customer
3. Customer ROI (Return On Investment)
4. Validation of product features/design with customers

18
Q

Roles of a maven

A

The KnowHow Member
Knows the following
1. Product specs
2. Development timeline
3. Operations/production requirements
4. Costing
5. IP (Intellectual Property)

19
Q

Characteristic of a good customer

A
  1. Have the ability to pay
  2. Have the willingness to pay
  3. Have time