BML Cycle
What does BML stand for?
Build Measure Learn
Name two steps of the design thinking process
Empathise, define, ideate prototype, test
How many boxes are in the BMC?
9
What does IMSA stand for
Illinois Mathematics and Science Academy
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Good luck
What does MVP stand for?
Minimum Viable Product
Name all five steps of the design thinking process
Empathise, define, ideate prototype, test
What goes in the customer relationships box?
How a business interacts with its customers
Who supplies IMSA's Cafeteria
Sodexo
How many states are there
50
This (BML) cycle is central to the --
Lean Startup
Define: You define the problem and make sense of what the -- is for the audience.
Pain point
What are key partners?
A list of other external companies/suppliers/parties you may need to achieve your key activities and deliver value to the customer
Does IMSA have security on campus?
Yes
How any continents are there
7
What is the measure step in the BML?
The results should be observed
What do you do in the define and ideate stages of the design thinking process?
You define the problem and make sense of what the pain point is for the audience.
After formulating the problem, you come up with ideas/potential solutions.
What are channels?
Avenues through which customers come into contact with your business, or how a business reaches its customers through marketing
How many halls are on IMSA?
7
What does SOCENT stand for?
Social Entrepreneurship
What are the build and learn steps in the BML?
Build: Create an MVP to “fail fast, fail cheap”. The MVP is the “Build” of your very first iteration, and you constantly build your product/service through changes as you measure feedback.
Learn: The results should then teach the venture something about their product/ service
What is the difference between a prototype and mvp?
An MVP is a minimum version of the final product and it's delivered to the market right away. Prototypes are created for the sake of finding those errors and often are far from being perfect.
Define key activities and key resources
Key Activities: Actions that a business undertakes to achieve value proposition
Key Resources: Practical resources needed to achieve the key activities
How many students + Rc's are living in a hall at max capacity living wise?
100 (96 students 4 RC's)
What is the best elective?
SOCENT