article thumbnail

Innovation Management

ProductPlan

Companies implement innovation management to cultivate a culture of innovation. Good ideas flourish and are prioritized, developed, and executed. Innovation management vs idea management. Idea management sounds similar to innovation management because it’s a part of innovation management.

article thumbnail

Minimum Viable Product vs Minimum Marketable Product: What’s The Difference?

Userpilot

The Minimum Viable Product allows you to collect user feedback at the early stages of development and facilitates validated learning. MVP is a great risk reduction tool: it allows products or features to fail fast without investing in their development. An MVP is an essential part of the Agile product development process.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

Taking a bifurcated approach to product development and innovation is more vital than ever. You can even work to get broad-based commitment to spending a specific percentage of product development resources on big bets, which should comprise at least 20% of the overall budget. The planning and tactics are set against that vision.

article thumbnail

How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

Taking a bifurcated approach to product development and innovation is more vital than ever. You can even work to get broad-based commitment to spending a specific percentage of product development resources on big bets, which should comprise at least 20% of the overall budget. The planning and tactics are set against that vision.

article thumbnail

Greenfield Project

ProductPlan

The term comes from real estate, where it conveys the image of a literal green-field site for development, undisturbed by previous construction. Product managers use greenfield to describe developing a new product, as opposed to enhancing or building on an existing product. Project management framework. Team roles.

article thumbnail

Product Management Technologies; Five Essentials for Strategic Product Management; Planning Assumptions for 2016

Good Product Manager

For those four areas of product management technology categories — Idea Management ; Concept Testing ; Planning, Prioritization and Roadmapping ; and Product Engagement — it describes the category and its benefits, and also provides lists of vendors in each category. Product Management: Planning Assumptions for 2016.

article thumbnail

Product Management Technologies; Five Essentials for Strategic Product Management; Planning Assumptions for 2016

Good Product Manager

For those four areas of product management technology categories — Idea Management ; Concept Testing ; Planning, Prioritization and Roadmapping ; and Product Engagement — it describes the category and its benefits, and also provides lists of vendors in each category. Product Management: Planning Assumptions for 2016.