Posts Tagged ‘Innovation’

This is the most comprehensive book I’ve read on lean product development.

The thing I loved most about this read by Dan Olsen is how the techniques he exposes are relevant across the whole product life cycle, so for a new product entering a new market or an enterprise level business improving a mature product in a competitive market, making it applicable to use some of the techniques for identifying/solving problems on existing products.

The book is focused around a framework called The Product-Market Fit Pyramid and The Lean Product Process which consists of six steps:

1. Determine your target audience
2. Identify underserved customer needs
3. Define your value proposition
4. Specify your minimum viable product (MVP) feature set
5. Create your MVP prototype
6. Test your MVP with customers

The writing style makes it easy to digest and therefore easy to run gap analysis on your current ways of working to spot any improvement areas.

A recommended read for anyone interested in customer development, lean UX, design thinking, product management, user experience design, agile development, lean startup, or analytics.