Data analysis might sound a bit nerdy, but it should be part of every product manager’s and product owner’s tool box. The idea is simple: Investigate the data gathered, learn form it, and use the new knowledge to create a successful product. In theory, that’s easy. But in practice, it can be challenging. The following tips help you get the most of your data analysis efforts.Read More
Tag archive for "innovation"
The minimum viable product (MVP) is a powerful concept that allows you to test your ideas. It is not to be confused with the minimal marketable product (MMP), the product with the smallest feature set that still addresses the user needs and creates the right user experience. The MVP helps you acquire the relevant knowledge and address key risks; the MMP reduces time-to-market and enables you to launch your product faster. This post discusses both concepts, and it shows how you can use the minimum viable product to create a minimal marketable one.Read More
Innovating existing products is a common challenge for many enterprises: New features are developed to enter a new market segment, to increase the market share, or to catch up with the competition. But while the product is being updated, small improvements and bug fixes have to be made to maintain the current version. This post shares my thoughts on balancing the innovation and maintenance work.Read More
Discovering Lean Startup was inspiring for me: I felt I had found an approach that could complement Scrum nicely. Since then I have been combining the two approaches in my own new product development work as well as helping my clients to do so. This post shares my experiences and insights. It maps out a high-level process for creating new products within existing businesses focussing on product management practices and tools.Read More
Learning what a product should look like and do, and building solid, shippable software are different concerns. Separating the two aspects and distinguishing between learning and execution helps you manage the stakeholder expectations, select the right research and validation techniques, and choose the right sprint goals.Read More
Find out if you truly own your product by taking the product ownership test.Read More