2017/2018 KAN-CCMVV2607U Go-to-market strategies for startups and innovative products/services
English Title | |
Go-to-market strategies for startups and innovative products/services |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Elective |
Level | Full Degree Master |
Duration | One Semester |
Start time of the course | Autumn, Spring |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for MSc in Economics and Business
Administration
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Course coordinator | |
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Main academic disciplines | |
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Last updated on 22-02-2017 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors:
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Examination | ||||||||||||||||||||||||
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Course content and structure | ||||||||||||||||||||||||
Most startups end in failure. Almost every failed startup has a product. What failed startups don't have is traction - real customer growth.
This course is about how to get this "traction" - how to get the first very important customers for your new product or new service.
By systematically applying innovative concepts and frameworks for your company's go-to-market strategy, the students will learn how to improve their chances of getting real customer growth.
Hands-on teaching by serial entrepreneurs: Main teacher is Nicolaj H Nielsen (CodeSealer, Penneo, Recon Instruments, MotilityCount, CapDesk, Sepior)
The course will be hands-on and teached by serial entrepreneurs who have done all the mistakes themselves, and after that finally have learned how to get your new startup of the ground.
A lot of interesting guest-speakers (business angels, venture capitalists, entrepreneurs) will also ensure that the learnings achieved in the course will be applicable if you later want to start your own company.
Marketing techniques and go-to-market strategies for innovative products and services: Students will learn how systematically to apply marketing and Lean Startup methods when launching innovative products and services. This includes, but not limited to, discussions on you can optimize the use of: - Viral Marketing
- Business Development (BD)
Lean Startup perspective: Focus will also be on how to utilize the above mention marketing concepts in a Lean Startup perspective. Students will lean to apply concepts such as, but limited to: .- Validating Learning - Build-Measure-Learn - Minimum Viable Products (MVP) - Customer Development |
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Teaching methods | ||||||||||||||||||||||||
The course will combine lectures, in-class discussions, and project work. The course includes a project where you will apply the frameworks learned on a real-life case. | ||||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||||
Feedback throughout the course: In-class when students/groups are asked to present in class and receive feedback and before/after each class where students are more than welcome to ask questions and receive feedback. | ||||||||||||||||||||||||
Student workload | ||||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||||
Examples of scientific articles:
Sarasvathy, Saras D. "Causation and effectuation: Toward a theoretical shift from economic inevitability to entrepreneurial contingency." Academy of management Review 26.2 (2001): 243-263.
Read, Stuart, et al. "Marketing under uncertainty: The logic of an effectual approach." Journal of Marketing 73.3 (2009): 1-18.
Markides, Constantinos. "Disruptive innovation: In need of better theory*." Journal of product innovation management 23.1 (2006): 19-25.
Leskovec, Jure, Lada A. Adamic, and Bernardo A. Huberman. "The dynamics of viral marketing." ACM Transactions on the Web (TWEB) 1.1 (2007): 5.
Examples of text books used in course:
Traction: A Startup Guide to Getting Customers, by Gabriel Weinberg and Justin Mares
The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses, by Eric Ries
Exponential Organizations: Why new organizations are ten times better, faster, and cheaper than yours (and what to do about it), by Salim Ismail, Michael S. Malone, Yuri van Geest
The formal litterature will be combined with written- and real-life cases from several Danish and international start-up companies. We will have high-profile guest-speakers (venture capitalists, serial entrepreneurs, business angels) to present such cases. |