Popularized by Eric Ries' The Lean Startup, lean startup practices codify a management philosophy used specifically in developing new ideas that focuses on minimizing risk and maximizing learning. Chief among the risks for any new venture is building a product or solution that is not aligned with market needs, resulting in wasted time and resources. Lean startup practices seek to minimize this risk by testing the assumptions behind a product or service before proceeding with development. This lecture and Q+A session will provide an overview of lean startup methodologies as well as provide guidelines for applying the philosophy to the healthcare and life sciences industry.

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