etventure

FEBRUARY 16, 2018

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach. The focus is on hypothesis-driven product development.

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etventure

FEBRUARY 2, 2018

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach. The focus is on hypothesis-driven product development.

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Product Development LEAN Groups Meeting 40

Leapfrogging

FEBRUARY 1, 2019

Whether you’re creating a new product, service, process, or business model, innovation is about keeping an eye on costs while pushing forward to create novel new solutions. Work with other companies to lower the costs–and the risks–around new product development. Leverage external innovation. Rethink waste.

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How To Artificial Inteligence Innovation LEAN 100

Moves the Needle

JUNE 29, 2023

In the complexity of the globally-connected digital world, uncertainties and the assumptions on how to overcome them, hinder organizations from achieving their objectives. However, the rise of Lean Startup methodologies, popularized by Eric Ries in his book “The Lean Startup,” brought rapid experimentation to the forefront.

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LEAN Product Development Agile Design 52

IM Insights

MARCH 17, 2022

Elijah Eilert speaks to Paul Orlando about his book Growth Units to discover how to best calculate Customer Acquisition Cost and Lifetime Value. Paul tells us how to significantly improve common calculation methods and how to use those to make critical business decisions. 23:30) How to calculate Customer Acquisition Cost.

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How To Underperforming Technical Team Case Study Entrepreneurship 52

Jeffrey Phillips

DECEMBER 3, 2019

For quite some time we've been hearing about how important it is to do things quickly, with many new adjectives placed in front of the word "innovation". Executives can't be faulted for asking for more validation, more data, more customer tests when existing, profitable products or business models are at stake. When can you move fast?

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LEAN Product Development Innovation Agile 147

Planview

OCTOBER 5, 2023

As technologies evolve and disruptions become an ever-growing presence of the business landscape, one of the best ways to improve the quick delivery of high-value innovations is by embracing digital transformation concepts in product development. And it is not a one-and-done checkbox.

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Moves the Needle

AUGUST 2, 2018

You can use Lean Innovation techniques -- Empathy, Experiments, and Evidence to ensure the driving force is sustained through the integration. Lean Innovation empathy work is a great way to understand the human side of acquisitions and again, this is from both sides of the table, acquirer and acquiree.

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Planview

MARCH 3, 2016

This was the mantra of Facebook in its early days, as is the case with most startups that subscribe to the iterative product development method popularized by the Lean Startup. The post How to Effectively Support an Innovative Culture Without Compromising Business Goals appeared first on Spigit. Methodologies.

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Culture How To LEAN Product Development 45

Leapfrogging

APRIL 10, 2024

These speakers can also deepen the understanding of an innovation culture by: Illustrating how to create an environment that nurtures innovative thinking. Demonstrating how to embrace failure as a learning opportunity. Here’s how to ensure you make the best choice for your event.

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The BMI Lab Blog

AUGUST 17, 2021

Alongside the series of episodes with entrepreneurs and innovation leaders, we recommend the first-ever ETL Research bonus episode which looks at one of the first empirical studies about lean startup , an approach that BMI Lab follows since day 1. If you want to find out more about our lean startup approach, check out our Launchpad.

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LEAN Innovation Tips Technical Review 52

Moves the Needle

JANUARY 8, 2019

How The National Council of Architectural Registration Boards Used Lean Innovation to Create New Value for Their Customers Take this Case Study with you! The National Council of Architectural Registration Boards ( NCARB ), a national non-profit organization, develops standards for licensure and credentialing of architects.

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Marketing LEAN Case Study Study 65

Innov8rs

NOVEMBER 27, 2023

By 2010, the Lean Startup methodology built upon these principles, emphasizing rapid experimentation and customer feedback to guide businesses towards sustainable business models. From Design Thinking to Autonomous Innovation In the 1990s, design thinking emerged, prioritizing empathy and iterative prototyping for user-centric solutions.

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Artificial Inteligence Innovation Ideation Data 64

Econic

MAY 22, 2019

They invested millions of dollars into this product creating thousands of these jars, buying shelf space, and putting these into stores. How to Avoid a Flop. It made sense to sell a new product to the market who was already buying their baby food. The post How to Avoid a Marketplace Flop appeared first on Econic.

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Moves the Needle

MARCH 1, 2023

It was their job to ensure all aspects of the product development process were aligned and working together. Program management was steeped in technical processes, but also considered how product decisions would impact the product’s end users.

Management 52

Management Agile Software Design 52

Jeffrey Phillips

APRIL 24, 2018

Much of the last 30 years of management thought has been consumed with improving exploitation skill - Six Sigma, Lean, Outsourcing and right-sizing are all efforts to improve the efficiency and effectiveness of the exploiting portion of your business. Product development cycle times are now longer than shelf lives.

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Underperforming Technical Team Culture LEAN Exercises 125

Innovation Excellence

JANUARY 27, 2019

Every innovative product begins as a concept in the mind of someone or some group of people. How is your company cultivating these seeds? How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline? In our experience, product.

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How To Groups Innovation Management 78

Idea to Value

JULY 21, 2017

Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit. Some of the aspects of Lean Innovation Management include: Encouragement of lots of small scale, cheap experiments instead of full launches.

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Moves the Needle

JANUARY 22, 2016

Here’s why: Modern market research methods, like Lean Startup, do a great job of focusing on customer-centric discovery. In our post, How to Innovate: What Innovation Really Is , we discussed how focusing on learning before executing is vital to innovation. Market research often falls short when it comes to innovation.

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Marketing Underperforming Technical Team LEAN Report 58

Leanstack

AUGUST 4, 2016

I spend a lot of time at the intersection of “business modeling” and “lean startup” and have been looking for the right category label to describe this type of work. You create a quick sketch of your business model using a tool like the Lean Canvas. The third step is lean startup.

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Innovation Management Management LEAN Innovation 52

Moves the Needle

DECEMBER 17, 2015

His very lean progressive assembly process was the result. Today, the cost and time it takes to build, launch, and deliver new products at scale is lower than ever. Rather than assuming we know how to market and sell new products to new customers, we should learn first. This is Lean Startup. The result is choice.

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Management Innovation Management LEAN Design Thinking 61

Boxes and Arrows

OCTOBER 12, 2015

One of the riskiest assumptions for any new product or feature is that customers actually want it. But a focused product development process should be immune to this distraction because small effect sizes are of little concern.

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Imaginatik

JULY 12, 2016

In many cases, it’s the only way to achieve a scale that justifies the often-substantial investments in the development of technical prototypes and operations. In many product development processes, companies tend to create incremental improvements within the fairly well known scope of their current production and distribution scale.

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Innovation LEAN Innovation Programs Culture 100

Boxes and Arrows

AUGUST 13, 2013

It turns out that Jeff Gothelf, author of Lean UX (the book I’m reviewing here) has also faced the same challenges. The answer situates itself within the Lean approach to product development. Lean UX has its own challenges. Enter the book.

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Agile LEAN Development Team Review Software Review 80

Corporate Innovation

DECEMBER 17, 2015

After its initial success in “sensing” the Innovation Cluster and partnering, the Outpost team has to assess how to “respond” to these threats and opportunities. Stage 3: Productizing the Solution to Corporate Problems. Is the Outpost product officially part of a corporate Innovation Portfolio? What solution are we productizing?

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Underperforming Technical Team How To Innovation Disruption 56

Corporate Innovation

DECEMBER 17, 2015

After its initial success in “sensing” the Innovation Cluster and partnering, the Outpost team has to assess how to “respond” to these threats and opportunities. Stage 3: Productizing the Solution to Corporate Problems. Is the Outpost product officially part of a corporate Innovation Portfolio? What solution are we productizing?

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Underperforming Technical Team How To Innovation Disruption 56

The Inovo Group

AUGUST 5, 2019

The processes, methods and tools used for New Product Development (NPD) are insufficient for strategic innovation [1] and strategic innovation is necessary for the accelerated growth that companies demand. An issue is how to adapt these to large companies. Highlights. What would such a framework look like?

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Corporate Innovation

DECEMBER 8, 2015

In contrast, Facebook’s acquisition of the virtual reality hardware company Oculus still requires significant product development, identification of a viable business model – and the target market and revenue may never materialize. The next post will describe How to Set Up a Corporate Innovation Outpost.

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Corporate Innovation

DECEMBER 8, 2015

In contrast, Facebook’s acquisition of the virtual reality hardware company Oculus still requires significant product development, identification of a viable business model – and the target market and revenue may never materialize. The next post will describe How to Set Up a Corporate Innovation Outpost.

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How To Disruption Innovation Entrepreneurship 67

Legacy Innovation Group

APRIL 1, 2019

Once upon a time, in the heyday of the Industrial Age, a young marketing, design, or engineering student would graduate from college and go to work for a large corporation, slowly melding into the steady, rhythmic din of bureaucratically-managed, organizationally-structured execution work in product development.

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Product Development Innovation Engagement LEAN 40

Jeffrey Phillips

NOVEMBER 3, 2015

How is it being used to help drive future revenues? Talent - you'll want to consider who is part of the product concept, product development and product realization team, and consider it an end to end capability. Transparency - Product development and product execution are transparent.

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Innovation Agile Disruption Product Development 100

etventure

SEPTEMBER 6, 2016

During the last couple of years the MVP has become the holy grail of agile product development – but there are still a variety of different interpretations about what “MVP” really means. So, what is a minimum viable product, and how do you go about creating one? Understanding MVP Development .

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Roadmap Product Development Agile Leadership 72

Corporate Innovation

DECEMBER 17, 2015

After its initial success in “sensing” the Innovation Cluster and partnering, the Outpost team has to assess how to “respond” to these threats and opportunities. Stage 3: Productizing the Solution to Corporate Problems. Is the Outpost product officially part of a corporate Innovation Portfolio? What solution are we productizing?

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Underperforming Technical Team How To Innovation Disruption 40

Idea Champions

APRIL 11, 2024

Even those who relish the status quo couldn't help but relax, laugh, and lean into their untapped creativity." - Maureen Toshner, Director, Organizational Development & Learning, Charter Manufacturing "Talk about out of the box thinking, it was out of this world!" - Eric Birnbaum, Sr.

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Brainstorming Training Ideation Idea Generation 26

Steve Blank

MARCH 11, 2015

and how to price the product. for new product development that emphasize immediate returns. Talking to Bob I realized that at Acme Widgets (and in most large companies) the word “failure” was being used to describe two very different events: failure in execution of a known product in known market.

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LEAN Culture Agile Tools 46

ImagineNation

FEBRUARY 10, 2020

Therefore, corporate R & D programs need targets to ensure that the product development portfolio includes growth projects that carry more risk and have a longer payback. I believe that every person who touches product development has the ability – and the responsibility – to deliver innovative products to the market.

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