MVP, You keep using that word. I don't think it means what you think it does
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The document discusses the concept of a minimum viable product (MVP), emphasizing its role in validating learning about customer needs with minimal resources. It references Eric Ries’ perspectives on startups and categorizes problems using the Cynefin framework, which includes simple, complicated, complex, and chaotic types. Additionally, it highlights the shift from traditional supplier roles to becoming partners in the experience economy.
MVP, You keep using that word. I don't think it means what you think it does
- 1. MINIMUM VIABLE PRODUCT Erwin van der Koogh Elabor8 / 21st Century MBA erwin.vanderkoogh@elabor8.com.au @evanderkoogh
- 2. You keep using that word. I don’t think it means what you think it means..
- 3. SO WHAT DOES IT NOT MEAN? •What we can build before the deadline •What is possible within the project budget •The first version we are going to deliver •The least we can get away with
- 5. WE WANT TRUE LOVE..
- 6. LEAN STARTUP “A startup is a human institution designed to find true love under conditions of extreme uncertainty” - Eric Ries
- 7. CYNEFIN 4 Types of problems: •Simple •Complicated •Complex •Chaotic
- 8. SIMPLE
- 10. COMPLICATED
- 12. COMPLEX
- 14. CYNEFIN 4 Types of problems: •Simple •Complicated •Complex •Chaotic
- 15. MINIMUM VIABLE PRODUCT “A minimum viable product is that version of a product which allows a team to collect a maximum amount of validated learning about true love with the least effort.” Eric Ries
- 17. MVPS DONE RIGHT
- 19. WHICH MEANS PROJECTS ARE LIKE..
- 21. THEY SEPARATE US
- 22. AUDIENCE PARTICIPATION Q:Who are typical customers of Facebook? A:Advertisers Q:What does that make us? A:The Product
- 23. YOU FOUND A CUSTOMER NOW WHAT?!
- 26. THAT REQUIRESYOU TO BE A PARTNER TO SALES/BUSINESS INSTEAD OF A SUPPLIER
- 28. WHO DO YOU WANT TO BE?