Examination product market fit

Course Line Startup Product Market Fit Credit Points

8

KIAASE

In this course we asses the student on (K)owledge, (I)nsights, (A)pplication, (A)nalysis (S)ynthesis en (E)valuation.

The student must show he/she is able to perform the assigned work on the third (the highest) competency level. Meaning, he/she: • Has advanced knowledge of an area of work or study that implies critical insights into theories and principles.

• Is able to tackle complex and unstructured problems.

• Is able to improve methods and adapt standards to the situation.

• Is able to design strategies that are integrated with professional practice.

• Can work in an unfamiliar, more complex and (partially) unspecified context.

• Can work independently in complex situations.

Exam Methods

Share in Final Mark

Content

Individual Assessments

25% 25%

Midterm assessment.

End assessment.

Individual Report

100%

Progress Report.

50%

Assessment.

Caesura

Deadline In the week of 7 november 2016.

In the week of 6 February 2017.

Minimum 5.5

Monday 6 February 2017.

Via aNewSpring.

Resits Individual Assessment

In the week of 13 February 2017.

Minimum 5.5 Individual Report

100%

share

Progress Report.

Monday 20 February 2017.

Via aNewSpring.

incubatoracademy.nl

!1

Assessments Share in Final mark

Student:______________________ Startup: __________________ Studentnumber: ______________

Criteria

Competencies: 1-4 (Build-Measure-Learn); 5-9 (Work lean) Objectives: The student has evidence that his/her products and services, pain relievers, and gain creators, are actually creating customer value and getting traction in the market.

• The student initiates and creates an innovative product, service or business model for a bigger or smaller (international) market.

• The student performs, interpret, assesses and evaluates market research.

• The student performs market analysis and competitive analysis.

• The student develops a growth policy for his/her startup.

• The student prepares and implements plans relating to the growth policy.

• The student develops business relations with customers and co-partners in the startup eco-system.

• The student communicates in Dutch and English.

• The student engages in on- and offline market communication.

• The student manages his/her startup.

The student shows in a 30 minute oral assessment, convincing evidence he/she is working systematically en methodologically to create a problem solution fit.

Midterm Assesment

50

Week of 7 November 2016.

• • • • •

0 points: No narrative of product market fit.

10 points: A narrative of product market fit, but not a personal narrative.

20 points: A personal narrative of product market fit, but content not always clear, and containing irrelevant information.

30 points: A personal narrative of product market fit, content is clear, but contains irrelevant information.

50 points: A personal narrative of product market fit, content is concise and clear, and contains no irrelevant information.

* A personal narrative: (a) at least contains evidence for 1 test cycle per schoolweek; (b) accounts for sufficient personal input. * Sufficient: A student works 40 hours a week (or more) on his/her startup. These hours must be accounted for.

End Assessment

50

Week of 6 February 2017.

• • • • •

0 points: No narrative of product market fit.

10 points: A narrative of product market fit, but not a personal narrative.

20 points: A personal narrative of product market fit, but content not always clear, and containing irrelevant information.

30 points: A personal narrative of product market fit, content is clear, but contains irrelevant information.

50 points: A personal narrative of product market fit, content is concise and clear, and contains no irrelevant information.

* A personal narrative: (a) at least contains evidence for 1 test cycle per schoolweek; (b) accounts for sufficient personal input. * Sufficient: A student works 40 hours a week (or more) on his/her startup. These hours must be accounted for.

Remarks

When working in a startup team, your personal contribution is key.

share

incubatoracademy.nl

!2

Progress Report Share in Final mark

Student:______________________ Startup: __________________ Studentnumber: ______________

Criteria

Motivation Grade

Competencies: 1-4 (Build-Measure-Learn); 5-9 (Work lean) Objectives: The student has evidence that his/her products and services, pain relievers, and gain creators, are actually creating customer value and getting traction in the market.

• The student initiates and creates an innovative product, service or business model for a bigger or smaller (international) market.

• The student performs, interpreters, assesses and evaluates market research.

• The student performs market analysis and competitive analysis.

• The student develops a growth policy for his/her startup.

• The student prepares and implements plans relating to the growth policy.

• The student develops business relations with customers and co-partners in the startup eco-system.

• The student communicates in Dutch and English.

• The student engages in on- and offline market communication.

• The student manages his/her startup.

Chapter 1

20

Value Propositions

5 Different value propositions.

Stress test 5 different value propositions, based on 10 characteristics of great value propositions by Osterwalder.

Motivate and account for choices.

Articulate SMART. Brainstorming sessions are documented.

Chapter 2 Testing

Remarks

80

• • •

•

•

Testing value propositions.

The perfect value proposition for the customer.

• • •

Motivate and account for choices.

Articulate SMART. Testcycles value proposition, based on Value Proposition Design by Osterwalder (chapter testing), are documented.

•

•

0 points: Chapter is absent.

5 points: Chapter is incomplete.

10 points: Chapter is complete, but refers not to the personal contribution of the student, the content is not always clear, and contains irrelevant information.

15 points: Chapter is complete, refers to the personal contribution of the student, the content is clear, but contains irrelevant information 20 points: Chapter is complete, refers to the personal contribution of the student, the content is concise and clear, and contains no irrelevant information.

0 points: Chapter is absent.

20 points: Chapter is incomplete.

40 points: Chapter is complete, but refers not to the personal contribution of the student, the content is not always clear, and contains irrelevant information.

60 points: Chapter is complete, refers to the personal contribution of the student, the content is clear, but contains irrelevant information 80 points: Chapter is complete, refers to the personal contribution of the student, the content is concise and clear, and contains no irrelevant information.

* Complete means: At least 8 testcycles per value proposition (making 40 testcycles in total).

The Progress Report consists of max. 3000 words (appendix not included).

Feel free to use infographics and visuals.

The Progress Report reflects also your personal contributing when working in a startup team. Therefore this report, in places, will decidedly differ from Progress Reports of team members.

share

incubatoracademy.nl

!3