Minimum Viable Product

A Minimum Viable Product is a lean way to build the software that has just enough features to attract early users and investors.

More Innovation Glossaries

Diffusion of Innovation

Diffusion of Innovation is the process by which a new idea, product, or practice spreads within a society or from one society to another.

Investors

Investors are the people or companies that spend their money in return for a share in a business.

Platform Innovation

Platform innovation refers to the process of creating a development platform, ...

Top Minimum Viable Product Resources

Business Strategy - How to Handle Confidential Information

Business Strategy - How to Handle Confidential Information

Handling confidential information is a relevant issue for any senior executives. Here are suggestions on how to handle confidential information for your business strategy.

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McKinsey’s 2021 Global Report on new-business building reveals the growing importance of intrapreneurship for companies, with more than 60% of business leaders considering it a top priority.

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Finding a New Way to Live the Brand Color

Finding a New Way to Live the Brand Color

The author discusses his affinity for the color orange and how it became a pivotal part of his brand.

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Getting Your Tone Right in Written Communications

Getting Your Tone Right in Written Communications

Writing professional emails can be hard, but understanding your audience, proofreading, and staying positive can go a long way towards effective communication.

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How a Category-Creating Jersey Deal Set the Stage for an Industry-Centric MLS Cup - John Digles

How a Category-Creating Jersey Deal Set the Stage for an Industry-Centric MLS Cup - John Digles

Learn about how XanGo implemented an innovative sponsorship program through jersey-front sponsorships in Major League Soccer, boosting brand recognition, web traffic, and recruitment.

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How Corporates Can Use the Lean Startup and Business Model Canvas

How Corporates Can Use the Lean Startup and Business Model Canvas

Learn about the Lean Startup framework and how to introduce it with day-long workshops, effective decision-making for startups, and the power of the Business Model Canvas, according to Innovation Management consultant Justin Souter.

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How do you learn a new skill? - Dr Ken Hudson

How do you learn a new skill? - Dr Ken Hudson

Learn a new skill with these five principles: set a specific goal, have a plan, step out of your comfort zone, practice regularly, and get feedback.

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How Entrepreneurs Can Profit from an Innovative Mindset

How Entrepreneurs Can Profit from an Innovative Mindset

Innovation is crucial for business growth. It can improve customer satisfaction, minimize costs, and boost employee relations.

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Innovating YOU

Innovating YOU

The article discusses the idea of having an API for personal data control and how it can transform the way data is used and valued.

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Innovation Ecosystems: The future of Open Innovation

Innovation Ecosystems: The future of Open Innovation

Innovation ecosystems are becoming the future of open innovation where companies can collaborate and work with unexpected collaborators to produce creative and valuable results.

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Innovation tools and techniques for business growth

Innovation tools and techniques for business growth

Innovation is crucial for business growth, and there are different tools and techniques developed to facilitate the process. These tools can be categorized into six categories: brainstorming, idea management, innovation management, decision-making, knowledge sharing, and collaboration software.

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Keep Brand Chaos From Eroding Your Innovation Platform

Keep Brand Chaos From Eroding Your Innovation Platform

Brand chaos can happen when inconsistent new brands pop up or employees create their own adapted versions of a brand. To prevent this, create a brand book, appoint a strong brand champion, and have a strong legal team.

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Lean Innovation at Amazon

Lean Innovation at Amazon

Learn how Amazon's CEO Jeff Bezos applied lean management principles, such as continuous improvement and waste reduction, to transform the company's operations in this concise article.

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Lessons from Lego: Low risk innovation tools for everyone!

Lessons from Lego: Low risk innovation tools for everyone!

LEGO's turnaround from bankruptcy to brand success was due to their low-risk innovation strategies which can be used by any company or startup, as explained in the book Innovation Tools.

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Lessons in Innovation and Entrepreneurship from the Fringe

Lessons in Innovation and Entrepreneurship from the Fringe

The Edinburgh Fringe festival's lessons in innovation are discussed in relation to start-up businesses.

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Look Inside a Woman’s Purse

Look Inside a Woman’s Purse

A study on the contents of American handbags (and their male counterpart, the "murse") reveals potential for innovation in this market, from physical design to digital integration.

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Making Big, Bold Assertions to Drive Design Strategy

Making Big, Bold Assertions to Drive Design Strategy

Design strategy is built on assertion. Learn how to create value assertions that guide creative exploration and describe your commitment to customers.

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Naming Workshop | Choose the Right Name for Your Big Idea

Naming Workshop | Choose the Right Name for Your Big Idea

Create and choose the perfect name for your company, product, or service through an innovative naming workshop experience utilizing design thinking.

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New Growth Opportunities Through Strategic Innovation and Business Design Thinking

New Growth Opportunities Through Strategic Innovation and Business Design Thinking

The Art of Opportunity teaches strategic innovation and business design thinking to create new growth opportunities for companies.

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New Product Innovation Strategy - Go Opposite by Woody Bendle

New Product Innovation Strategy - Go Opposite by Woody Bendle

Consider going opposite with your new product innovation strategy. Find out how this innovation technique can spark innovation opportunities by exploring the opposite direction.

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Patently Obvious

Patently Obvious

The Leahy-Smith America Invents Act is a new law that could mean a speedier patent approval process.

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Planting the Seeds of Innovation in Education

Planting the Seeds of Innovation in Education

Don Wettrick, an innovation coordinator at Noblesville High School, is revolutionizing education by empowering students to take risks, celebrate failure, and think differently.

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Resources for Your Next Design Sprint Workshop |

Resources for Your Next Design Sprint Workshop |

Discover top resources, tools, and tips for hosting a successful design sprint workshop in this article.

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The Future is Past - Fast

The Future is Past - Fast

The new model for digital publishing will offer fresh content when subscribers are most open to it, and those moments will differ for each individual.

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The Importance of a Passion Project by Alyssa Murfey

The Importance of a Passion Project by Alyssa Murfey

Learn how pursuing a passion project can help you discover your strengths, find new resources, and tap into the skills of others.

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The Jobs-to-be-Done Canvas

The Jobs-to-be-Done Canvas

The Jobs-To-Be-Done Canvas can transform product teams and drive growth by providing a common language for innovation and aligning them more closely with customers.

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The limitations, criticisms and new pathways for Design Thinking – Part two

The limitations, criticisms and new pathways for Design Thinking – Part two

Design thinking has become a popular methodology, but it needs to be more strategic and holistic to tackle complex challenges. The approach needs to evolve, and develop skills and methodologies that tackle real problems within organizations.

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The Little Innovation which Transformed Online Shopping

The Little Innovation which Transformed Online Shopping

The innovation that enabled the growth of online marketplaces like eBay and Airbnb was the simple concept of buyer/seller feedback.

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The Memorability of Creative Job Titles - Guest Post by Misty Stocksdale

The Memorability of Creative Job Titles - Guest Post by Misty Stocksdale

Creative job titles can make individuals and businesses stand out in crowded industries, as they evoke curiosity and provide a window into a company's attitude.

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An image of puzzle pieces interlocking with abstract symbols and connecting lines.

The Value Prop Canvas Tool Will Speed Up Innovation Processes in Your Business

The Value Proposition Canvas is a tool that helps businesses align their products or services with customer needs.

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An image of a sleek spacecraft silhouette orbiting around a stylized globe.

Three Insights for Innovators from Elon Musk

Elon Musk is a serial entrepreneur with a big vision for space exploration and clean energy. He has set out to make a big impact and bypassed conventional channels.

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An image of a tree, where branches are replaced with innovation icons.

Trend Driven Innovation to survive in the Business Competition

Trend-driven innovation is crucial for business success. It helps in improving customer experience, reducing workload and attracting significant consumer traffic.

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An image of vibrant interconnected abstract shapes symbolizing networked creativity.

Vision Canvas Templates for Organization Vision & Product Design

Effective vision planning can help organizations achieve their goals. Miro and Mural have several templates to help spark creativity and keep teams focused.

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Ways to Improve Business Efficiency

Ways to Improve Business Efficiency

Learn how to improve internal efficiency in your company with these simple steps such as time management, employee motivation, and using technology wisely.

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An image of a lightbulb intertwined with gear symbols suggesting innovative thinking.

What is Creative and Innovative Thinking and Why is it Important?

Innovation is essential for business success. Through creative and innovative thinking, a business can meet the evolving demands of clients, reduce costs, and increase profits.

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An image of interconnected gears with varying innovation symbols inside.

What the build-measure-learn feedback cycle is and what it does for innovation

The build-measure-learn feedback cycle is a crucial component of innovation that involves developing and testing small product ideas to determine their viability and success.

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What The Karate Kid Teaches Us About Innovation

What The Karate Kid Teaches Us About Innovation

Innovation teams often lack the training they need to excel, and crave new techniques over mastery of basic tools, leading to missed opportunities.

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An image of a light bulb intertwined with gear mechanisms.

Why Innovation is important in Design Industry?

Innovation is vital in the design industry as it leads to unique and feasible products, fulfils user needs, solves problems, increases market opportunities, and promotes sustainability.

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An image of abstract interconnected circles symbolizing an inclusive network.

Why not here? Why not now?

TEDxGlasgow's Labs experience featured three innovative workshops, exploring new techniques for imaging the human body and building more inclusive cities, open to everybody.

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An image of a broken gear amidst a network of interconnected cogs.

Why your customer-centricity project failed to deliver innovative outcomes

Customer-centricity is important for business success, but many customer experience programs fail to deliver innovative ideas. This article explains some common mistakes in customer research that could set your project up to fail.

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Competing Against Luck: The Story of Innovation and Customer Choice

Competing Against Luck: The Story of Innovation and Customer Choice

How do companies know how to grow? How can they create products that they are sure customers want to buy?

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Innovation, Competition & ...

Innovation, Competition & ...

Examine issues regarding the collaborative use of Intellectual Property and its impact in the innovation process.

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The Customer-Driven Playbook

The Customer-Driven Playbook

Many product developers wish they could work more like a startup, with small, nimble teams capable of making quick decisions.

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Utopia for Realists: How We Can Build the Ideal World

Utopia for Realists: How We Can Build the Ideal World

From a universal basic income to a 15hour workweek, from a world without borders to a world without poverty – it’s time to return to utopian thinking.

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Zero to One: Notes on Startups, or How to Build the Future

Zero to One: Notes on Startups, or How to Build the Future

The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create.

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The Innovation Mode Product Concept Definition form

The Innovation Mode Product Concept Definition form

Instead of lengthy documents and presentations, start with a singlepage descriptor of your product concept this makes the communication easier and increases stakeholder engagement.

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Feedback Capture Grid Template

Feedback Capture Grid Template

Structure feedback from stakeholders and draw conclusions on how to change your value proposition for the better.

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Strategy Canvas Template

Strategy Canvas Template

Plot the performance of your value proposition against competitors or against potential substitutes to develop new strategies.

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New Product Development Template

New Product Development Template

A free mind map template that shows you the most important aspects when developing new innovative products.

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Value Proposition Canvas

Value Proposition Canvas

Develop a thorough understanding of your customers, of what value proposition you offer them, and how the two parts fit.

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