article thumbnail

Minimum Viable Products: Why You Should Test before Investing in Ideas

The Product Coalition

Minimum Viable Products: Why You Should Test Before Investing In Ideas Let’s analyze the advantages of MVP-based software development. Why should you invest in MVP development? You can successfully prevent these problems by starting software development with a Minimum Viable Product (MVP).

article thumbnail

Peter Thiel's Anti-Lean Manifesto

Sachin Rekhi

The concepts the methodology describes, from hypothesis testing, to MVPs, to pivots, have become common vernacular in startup circles. And every major business school now offers an innovation class that leverages the business model canvas and other lean principles for developing a new product idea. A bad plan is better than no plan."

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dune's Leadership Lessons : Transforming Product Management with Duke Leto's People-First Approach

People-First Product Leadership

I’m in Duke Leto’s camp and believe a boss - at any level - should care and be thinking about their team. And, the SVP of Sales who would stop by my desk in the mornings to share the good and bad about the product and my team with me. We all have good and bad days. They're testing me." They're not.

article thumbnail

How JustGiving Crowdfunding Went From an Idea to £100m in Five Years

Mind the Product

In 2012, when I was working as part of the JustGiving team responsible for innovative products and disruptive business models, we decided to test how people could raise money for non-charitable good causes. Initially we worked with a team from ThoughtWorks for 12 weeks. This is what we did. 2012 – the Inception.

article thumbnail

How to Prepare Banks for Digital Transformation

The Product Coalition

For many years CSSSR has been developing IT systems for the biggest online banks, witnessing their success firsthand. This experience has led to several key insights: You Don’t Need a Large IT Department “We operate in small teams. To begin with, the development of new functionality requires considerable resources, including people.

Banking 91
article thumbnail

Customer retention is the new conversion

Intercom, Inc.

We developed all these tips and tricks that would help us optimize what happens when they land. Most specifically, the industry came up with this beautiful idea of A/B testing. To bring us up to early 2014, you might be familiar with Product Hunt. When 2014 arrived, we had engineers, business people, videos, our chat room, etc.

article thumbnail

14 Real-Life Product Adoption Examples for Every Stage of The Customer Journey

Userpilot

Limited usage of the product as a test. The product adoption curve is a concept created by Everett Rogers back in 1962 and further developed by Geoffrey Moore in 2014. of the market) are excited about trying products and testing new technology. Limited usage of the product as a test. Evaluation. Activation.