Remove 2014 Remove Vision Remove Weak Development Team
article thumbnail

The Product Strategy and the Product Life Cycle

Roman Pichler

Listen to the audio version of this article: [link] A Brief Introduction to the Product Lifecycle Model As its name suggests, the product lifecycle model describes how a product develops over time. A product is born or launched; it then develops, grows, and matures. It assumes that it has a life much like a living being.

article thumbnail

Minimum Viable Products: Why You Should Test before Investing in Ideas

The Product Coalition

Minimum Viable Products: Why You Should Test Before Investing In Ideas Let’s analyze the advantages of MVP-based software development. Why should you invest in MVP development? are somehow related to the lack of a common project goal and vision. Imagine that a team works in the traditional style and builds a car.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Journey to Success: The Seven Pivotal Purposes of Product Roadmaps

The Product Coalition

This exchange unfolded over weak, black coffee in your typical, bland white-walled corporate conference room. Instead, I respond, “How can your team function without one?” They certainly don’t serve to dictate every move a team should make. Contrary to popular belief, their primary purpose isn’t to guide the team.

Roadmap 126
article thumbnail

Driven by Purpose: The Secret Behind Successful Products

The Product Coalition

A purpose we could share with the company’s leadership team, customers, and those working on the product. For product teams, the why and purpose behind the product comes in the form of a meaningful, inspiring, yet achievable north star. Teams may struggle to decide about the product’s features or design, potentially leading to waste.

article thumbnail

Peter Thiel's Anti-Lean Manifesto

Sachin Rekhi

And every major business school now offers an innovation class that leverages the business model canvas and other lean principles for developing a new product idea. A bad plan is better than no plan." This contrarian question helps you identify the unique insight from which you can develop a compelling business. Example: Box.

article thumbnail

Co-Located vs. Remote/Distributed Teams: What Works and Why

The Product Coalition

Do co-located teams truly perform better? But having experienced both poorly performing, co-located teams as well as high performing distributed teams, I wanted to take a closer look at some of the research as well as experiences of others. The team members are a critical part of the overall success of distributed teams.

article thumbnail

How JustGiving Crowdfunding Went From an Idea to £100m in Five Years

Mind the Product

Initially JustGiving supported only registered charities on its website, but the founders’ vision was to support all good causes. In 2012, when I was working as part of the JustGiving team responsible for innovative products and disruptive business models, we decided to test how people could raise money for non-charitable good causes.