Lean Innovation – How to do product development in a lean and efficient way

Lean Innovation – How to do product development in a lean and efficient way

To keep your product development process on track, it's essential to identify the goal of each phase. The five phases of lean product development are Ideation, Proof of Concept, Rapid Prototyping, MVP, and Product Rollout. In the Ideation phase, focus on identifying user pain points and developing a user-centric product idea. Proof of Concept validates the technical feasibility of your concept. During Rapid Prototyping, develop your first prototype quickly and iteratively to gather feedback from users. Once you have a high-fidelity prototype, move on to developing your MVP. Finally, during Product Rollout, determine the final features and quality of your product, develop a marketing and sales strategy, and prepare for launch.

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More Innovation Resources:

The Evolving Role of The Chief Innovation Officer

The Evolving Role of The Chief Innovation Officer

The role of Chief Innovation Officer (CINO) is evolving from being the owner of innovation to being a facilitator of change, according to recent research by Capgemini Invent's Management Lab.

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Santa’s Workshop – A Planview AdaptiveWork Success Story

Santa’s Workshop – A Planview AdaptiveWork Success Story

Santa's elves were struggling to organize millions of requests, until they found Planview AdaptiveWork. They now have customizable dashboards and child happiness and joy have improved.

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Innovation should change your perspective

Innovation should change your perspective

Innovation should be viewed as a way of life, not just a transactional activity for emergencies. It's about becoming indispensable in the roles we fill in our customers' lives, rather than just filling their needs.

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