Why We Need More than MVPs

Executive Overview
A critical aspect of our focus on achieving business agility includes identifying what is of value to build and then going about manifesting it in an efficient manner. MVPs have become a hot topic in the Lean Startup community. They have a different purpose than most of the work done by established companies. Even mid-size companies must attend to enhancing existing products that have an established marketplace. As companies get older, they even spend a significant amount of time rewriting software. Overall, there tend to be five different types of work to be done:

  1. creating new products in new markets for early adopters
  2. enhancing existing products either to improve functionality or expand markets
  3. creating new products for existing customers whose needs are reasonably known
  4. replacing existing software
  5. maintenance issues (e.g., bug fixes)

Each of these types of works is done in a different manner. Therefore it is important to make a distinction as to what type of work is being done. I’ll define two different types of artifacts to be built – the Minimum Business Increment (MBI) when an enhancement to a new product or a new product to an existing customer market is being developed. After that we’ll describe another concept, the Minimum Valuable Replacement (MVR) that can be used in a couple of different ways.

More information and to Register on the January 2019 Webinar Series page

All the Details

Type:
Webinar
When:
Jan. 29, 2019 12:00pm to 1:00pm PST
Cost: Free
Register:
Questions or problems with registration or directions? Contact Mike Shalloway for assistance.
Presented By:
Net Objectives
PDUs: 1 PDU Category B
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