Since you are here, I’m assuming you aren’t thinking “Most Valuable Player.” But, just in case, let me clarify: Minimum Viable Product. It is a compelling concept for any product team: Work fast, get something out that works, see how people like it, then adapt. It is particularly appealing for new businesses or simply new products […]
Tag: Strategy
Customization leads to failure
What is the leading cause of product failure with startups? Well, I don’t have the quantitative research to prove it, but I would guess that somewhere near the top is over-customization to suit the needs of ‘important’ customers. You probably know the drill: Create vision and product plan Try to sell product Meet great prospect […]
Choice is good – Make the right ones
I just read another great take on the importance of having a clear strategy and prioritization. (click here to read in a new window). The author is focusing on the success that Apple has had with focusing on a relatively limited product line. He uses the ‘insanely’ complex product portfolio at Garmin for comparison. Where Apple […]