Advantages of a Lean Start-Up

 

Lean Startup pic

Lean Startup
Image: investopedia.com

Josh Gibson earned an MD from the Columbia University Vagelos College of Physicians and Surgeons and now serves as an executive coach and consultant in San Francisco, California. To assist entrepreneurs, Josh Gibson implements the lean start-up system.

An entrepreneurial methodology, a lean start-up strives to expedite the business inception process and eliminate the uncertainty that plagues many new businesses by seeking and implementing consumer feedback throughout the development process. This differs substantially from the traditional method of starting a company, in which the entrepreneur authors a business plan and develops a product with minimal external input.

Because the typical business plan involves so many unknowns, it often falls apart when the company reaches out to its first customers. When the company’s entire trajectory is based on this plan, recovery from the initial roadblock can be challenging.

A lean start-up company seeks to avoid such difficulties by integrating development with consumer feedback. The company develops the project in small, rapidly executed stages and presents each stage to potential customers, who also weigh in on marketing, distributing, and pricing. The start-up can then adjust the product and the business plan according to the feedback, so that when the company goes to market, it is ready as can be.

Advertisements

Achieving a Lean Startup Methodology

 

Lean Startup pic

Lean Startup
Image: investopedia.com

Josh Gibson is a respected San Francisco businessman who holds an MD and has a background spanning health technology. With a consulting focus, Josh Gibson emphasizes a lean startup methodology that generates innovative solutions to challenging issues.

As described in a Harvard Business Review article, starting a new company is a hit-or-miss undertaking. Conventional wisdom is that a five-year business plan must be pitched to funding partners generate traction, build a team, and expand.

Lean startup planning involves an assumption that five-year plans are unlikely to hold traction in the real world, as strategies rarely make it past the “first contact with customers” stage. In addition, startups do not follow the same rules as larger, better-established companies. Rather than proceeding according to master plans, they move from “failure to failure.” Through trial and error, they gain flexibility and exert constant improvement on the original concept.

Lean startups also use an agile development model, which focuses on the elimination of wasted effort through incremental product development. Undertaken in tandem with customer development, a positive real-time feedback loop that allows products to be assessed and refined while they are in the initial development phases is generated. Stages of growth do not take place linearly, but involve the short, repeated building of products that benefit from user perspectives.

Increased Competition for Larger Companies in a Lean Startup Era

Lean Startup pic

Lean Startup
Image: investopedia.com

Possessing an MD and experience in health technology through his work with Quartet Health, Josh Gibson has extensive knowledge of venture growth strategies. Josh Gibson’s management consulting experience involves creating lean, agile companies.

As reported in Forbes, the December 2017 Drucker Forum in Vienna underlined the importance of adapting strategies to a rapidly evolving business landscape. One jolt to the establishment involved General Electric CEO Jeff Immelt losing his job, despite a lean startup innovation effort that spanned multiple years.

One aspect of this equation centers on evolving board expectations. It is growing less clear what the primary target of corporate boards is: net assets, profits, or growth. Priorities may not be centered on the specific portfolio company itself. This reflects the growing importance of activist investors who exert outsized influence, considering the small percentage of the company they actually own.

Another aspect of the equation centers on such disruptors as Airbnb and Uber, which have achieved growth through flouting regulations that more-established industry players must follow. Flush with money, they effectively employ advanced technologies to rewrite the rules. With large corporations not always able to re-orient to smaller threats, despite applying lean startup strategies, growth companies focus on engineering agility and quick product turnaround into their cultures.

Improving Americans Work-Life Balance

CAREERS pic

CAREERS
Image: careersthebook.com

A former MD, Josh Gibson served on the clinical team of Quartet Health where he developed relationships with health care providers to drive adoption of Quartet’s collaborative care platform. An executive coach and consultant, Josh Gibson assists individuals to find a healthy work-life balance.

Americans are doing poorly balancing their professional work and their personal lives, according to a report by Family Living Today and Now Sourcing. In the report, the United States is ranked 30th out of 38 countries with a positive work-life balance.

Researchers found that 11.4 percent of employees in the country worked 50 plus hours a week, with 33 percent reporting to work on weekends or on holidays. Overall, 66 percent of full-time employees believed they had no work-life balance. Many attributed this to demanding bosses, excess work, rigid schedules, long commutes, and difficult colleagues.

In the long run, a poor work-life balance can cause stress and increase the risk of heart disease, anxiety, and depression. Employers can play a huge role in preventing this problem by offering flexible schedules, allowing remote work, increasing time off, and creating meeting-free time blocks to increase worker productivity. Employees can also improve their own work-life balance by making time for exercise, switching off the phone when away from work, and delegating responsibilities.

An Overview of Occupational Therapy Support

American Occupational Therapy  pic

American Occupational Therapy
Image: aota.org

Josh Gibson, MD has provided clinical psychiatric care to individuals in the San Francisco, California, region for nearly 15 years. A few of his previous positions include associate physician diplomate at the University of California, San Francisco, and consulting psychiatrist with Walden House. Josh Gibson, MD practices in various areas of psychiatry, including occupational therapy.

The primary role of an occupational therapist is to assist individuals of all ages in successfully completing important daily activities, such as school work or job duties. Though some individuals associate occupational therapy with helping adults deal with injuries and cognitive changes, children living with disabilities may also benefit from therapeutic support when it comes to education and social interactions.

Occupational therapy services generally begin with an evaluation of the individual, over the course of which clients and family members can work with a therapist on establishing goals and ways to achieve these goals. These evaluations may involve visits to a client’s place of work, home, and other relevant environments. As therapeutic intervention begins, therapists can set new goals and further refine their therapeutic approach to better suit a client’s needs. More information regarding occupational therapy can be found at the American Occupational Therapy (AOTA) website, www.aota.org.

Benefits of Northern California Psychiatric Society Membership

Northern California Psychiatric Society  pic

Northern California Psychiatric Society
Image: ncps.org

Josh Gibson, MD, is a psychotherapist with two decades of experience in his field. In addition to his private practice in San Francisco, California, he is a member of numerous professional organizations, including the Northern California Psychiatric Society (NCPS).

The NCPS was established in 1953, and has since dedicated itself to advancing “the quality and effectiveness of psychiatric care” by encouraging and participating in advocacy efforts, education, and member fellowship.

NCPS membership comes with many professional benefits. Not only are members encouraged to network and expand their reach at the organization’s annual psychiatric job fair, but they also receive access to continuing education opportunities such as the Psychopharmacology Conference and numerous seminars.

In addition to advancing their education, NCPS members have the chance to represent their field and gain leadership experience by participating in the organization’s many committees, which oversee relevant topics such as wellness, integrative psychiatry, government affairs, and political action.

Finally, NCPS members supplement their expertise and remain up to date on the region’s psychiatric news with subscriptions to the Northern California Psychiatric Physician publication, which is released six times each year.

CAREERS – Tips for Achieving Professional Fulfillment

CAREERS pic

CAREERS
Image: careersthebook.com

An assistant clinical professor in the Department of Psychiatry at the University of California, San Francisco, Josh Gibson, MD, also operates a private practice in San Francisco, where he focuses on clinical and occupational psychiatry. Josh Gibson, MD, has given a number of presentations at professional gatherings over the years and helped pen the e-book CAREERS – A Brainwise Guide to Finding Fulfillment at Work.

Published in 2012, CAREERS explores the concept of being happy in one’s profession and finding an appropriate work-life balance. The book addresses two questions: what will you do for a career, and how will you get to that desired point? The authors offer advice from professionals who have already achieved satisfying careers and couple the advice with relevant scientific findings from psychology and neurology.

The authors distill their knowledge into seven chapters, and in each they discuss a specific positive behavior that reflects elements of essential brain function. Beginning with a chapter on change and ending with one on sacrifice, the book is designed to guide readers through the process of finding sustainable fulfillment in their professional and personal lives.