MINIMUM VIABLE PRODUCT Erwin van der Koogh Elabor8 / 21st Century - - PowerPoint PPT Presentation

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MINIMUM VIABLE PRODUCT Erwin van der Koogh Elabor8 / 21st Century - - PowerPoint PPT Presentation

MINIMUM VIABLE PRODUCT Erwin van der Koogh Elabor8 / 21st Century MBA erwin.vanderkoogh@elabor8.com.au @evanderkoogh You keep using that word. I dont think it means what you think it means.. SO WHAT DOES IT NOT MEAN? What we can build


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MINIMUM VIABLE PRODUCT

Erwin van der Koogh Elabor8 / 21st Century MBA erwin.vanderkoogh@elabor8.com.au @evanderkoogh

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You keep using that word. I don’t think it means what you think it means..

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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
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REMEMBER KANO?

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WE WANT TRUE LOVE..

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LEAN STARTUP

“A startup is a human institution designed to find true love under conditions of extreme uncertainty” - Eric Ries

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CYNEFIN

4 Types of problems:

  • Simple
  • Complicated
  • Complex
  • Chaotic
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SIMPLE

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SENSE CATEGORISE RESPOND BEST PRACTICES

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COMPLICATED

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SENSE ANALYSE RESPOND GOOD PRACTICES

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COMPLEX

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PROBE SENSE RESPOND GOOD PRACTICES

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CYNEFIN

4 Types of problems:

  • Simple
  • Complicated
  • Complex
  • Chaotic
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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

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SOME EXAMPLES

404 A/B

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MVPS DONE RIGHT

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FROM SOLUTION-FINDER TO PROBLEM-UNDERSTANDER

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WHICH MEANS PROJECTS ARE LIKE..

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THEY SEPARATE US

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AUDIENCE PARTICIPATION

Q: Who are typical customers of Facebook? A: Advertisers Q: What does that make us? A: The Product

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YOU FOUND A CUSTOMER NOW WHAT?!

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EXPERIENCE ECONOMY

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THAT REQUIRES YOU TO BE A PARTNER TO SALES/BUSINESS INSTEAD OF A SUPPLIER

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WHO DO YOU WANT TO BE?

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