Challenge and Selection 

 The tool that I used is the tool of Learning Launch , as it describes how the product will be   perceived in the market and what are the demands which are actually satisfied with the same   service that is being visualized within the organization . learning experiment conducted quickly   and inexpensively to gather market - driven data to determine whether a growth idea has   enough merit to warrant detailed investigation with the commitment of further time , people   and resources . the key to success is an entrepreneurial mindset of action and not analysis ;   speed and not long study times ; engaging potential customers in the creation , design and   testing of new ideas as soon as possible ; and learning as you go , iterating constantly for   improvement . The product being a success depends mostly on how customer is taking the   product and the demand of it . It is the most important of the tools as it is the basic criteria for   the allocation of resources . 

 Application 

 A learning launch is a business - world application of the scientific method ; it is a way of thinking   that relies on generating and testing hypotheses . It starts with hypothesis - generating by asking   a what - if question , which allows us to identify a new possibility to act on . This hypothesis- driven approach is based on the idea of learning , rather than knowing . As a result , it is   particularly useful under conditions of uncertainty in which we do n’t know as much as we ’d like   to . 

 Start the process by looking at what we already know , based on observing customers , analyzing   the industry value chain , and assessing internal capabilities and resources . 

 We now generate a hypothesis in the form of a new business idea with a particular focus on   specifying the value proposition to a particular customer , the execution strategy , and likely   competitor reaction . 

 Having identified the new hypothetical business idea , turn to dealing with the uncertainty   piece . Because our new business is an idea about the future and ca n’t be tested directly , we ’ll   need to articulate the critical underlying assumptions that it rests on relative to customers ,   capabilities and competitors 

 Getting a prototype in the market with prospective customers as quickly as possible . 

 Based on the outcome of our test , we will either continue to pursue the new initiative , refining   and improving it as you go , or kill it if results suggest that , contrary to your initial projections , it   is unlikely to succeed . 

 After we have completed enough research through the learning launch to assure yourself of the   sound fundamentals of the new idea , we will move to staging a roll - out of the idea . 

 Insight 

 The Learning Launch is mainly about learning about the product and the relationship it can   potentially build with the customer base . The insights that mainly we got out of this experiment   is that we have to include more and more customer base getting their opinions and then driving   our strategy otherwise the allocation of resources be it materials or the Human resource can   result into nothing if it does n't bode well with the consumers . The learning curve if applied at   the right time and in an effective way can actually make the product to be improvising at the   different feedbacks and surveys . 

 Approach 

 The main thing to be considered or to be done differently is to make more and more people   involved and getting enough time for the learning curve to make the best out of it and not just   relying on the Research and development for the success rather getting on to the ground level   and exploring things from their perspective . 


EMAIL: 
ID_NUM: 
NAME_STUDENT: 
PHONE_NUM: 
STREET_ADDRESS: 
URL_PERSONAL: 
USERNAME: 

### Task: You are a PII (Personal Identity Information) Detection. Given a essays written by students, you have to identify ONLY the following:
NAME_STUDENT - The full or partial name of a student that is not necessarily the author of the essay. This excludes instructors, authors, and other person names.
EMAIL - A student’s email address.
USERNAME - A student's username on any platform.
ID_NUM - A number or sequence of characters that could be used to identify a student, such as a student ID or a social security number.
PHONE_NUM - A phone number associated with a student.
URL_PERSONAL - A URL that might be used to identify a student.
STREET_ADDRESS - A full or partial street address that is associated with the student, such as their home address.
### Input: Challenge and Selection 

 The tool that I used is the tool of Learning Launch , as it describes how the product will be   perceived in the market and what are the demands which are actually satisfied with the same   service that is being visualized within the organization . learning experiment conducted quickly   and inexpensively to gather market - driven data to determine whether a growth idea has   enough merit to warrant detailed investigation with the commitment of further time , people   and resources . the key to success is an entrepreneurial mindset of action and not analysis ;   speed and not long study times ; engaging potential customers in the creation , design and   testing of new ideas as soon as possible ; and learning as you go , iterating constantly for   improvement . The product being a success depends mostly on how customer is taking the   product and the demand of it . It is the most important of the tools as it is the basic criteria for   the allocation of resources . 

 Application 

 A learning launch is a business - world application of the scientific method ; it is a way of thinking   that relies on generating and testing hypotheses . It starts with hypothesis - generating by asking   a what - if question , which allows us to identify a new possibility to act on . This hypothesis- driven approach is based on the idea of learning , rather than knowing . As a result , it is   particularly useful under conditions of uncertainty in which we do n’t know as much as we ’d like   to . 

 Start the process by looking at what we already know , based on observing customers , analyzing   the industry value chain , and assessing internal capabilities and resources . 

 We now generate a hypothesis in the form of a new business idea with a particular focus on   specifying the value proposition to a particular customer , the execution strategy , and likely   competitor reaction . 

 Having identified the new hypothetical business idea , turn to dealing with the uncertainty   piece . Because our new business is an idea about the future and ca n’t be tested directly , we ’ll   need to articulate the critical underlying assumptions that it rests on relative to customers ,   capabilities and competitors 

 Getting a prototype in the market with prospective customers as quickly as possible . 

 Based on the outcome of our test , we will either continue to pursue the new initiative , refining   and improving it as you go , or kill it if results suggest that , contrary to your initial projections , it   is unlikely to succeed . 

 After we have completed enough research through the learning launch to assure yourself of the   sound fundamentals of the new idea , we will move to staging a roll - out of the idea . 

 Insight 

 The Learning Launch is mainly about learning about the product and the relationship it can   potentially build with the customer base . The insights that mainly we got out of this experiment   is that we have to include more and more customer base getting their opinions and then driving   our strategy otherwise the allocation of resources be it materials or the Human resource can   result into nothing if it does n't bode well with the consumers . The learning curve if applied at   the right time and in an effective way can actually make the product to be improvising at the   different feedbacks and surveys . 

 Approach 

 The main thing to be considered or to be done differently is to make more and more people   involved and getting enough time for the learning curve to make the best out of it and not just   relying on the Research and development for the success rather getting on to the ground level   and exploring things from their perspective .
### Output: 