Tuesday, October 16, 2012

The Lean Startup: "Faster"

The Lean Startup | Methodology



A core component of Lean Startup methodology is the build-measure-learn feedback loop.

The first step is figuring out the problem that needs to be solved and then developing a
Minimum Viable Product (MVP) to begin the process of learning as quickly as possible.

Once the MVP is established, a startup can work on tuning the engine.
This will involve measurement and learning
and must include actionable metrics that can demonstrate cause and effect question.

@ Wikipedia

A minimum viable product (MVP) is the "version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort." The goal of an MVP is to test fundamental business hypotheses (or leap-of-faith assumptions) and to help entrepreneurs begin the learning process as quickly as possible.


There is a well known practice called "Lean Manufacturing", that came from Toyota...

There is a trend to utilize same ideas in Lean Software Development

as well as in lean management

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