MVP. Minimum Viable Product.
Terminology from the startup world is finding its way into the language of Business. Managers are latching onto the key words such as pivot, disrupt and the idea of the minimum viable product.
Unfortunately, few managers fully understand what each means to the startup world. The idea of the minimum viable product is widely misunderstood. It’s pretty easy to get most of its meaning, but unfortunately the point gets missed.
About the Minimum Viable Product, Eric Ries in his book ‘The Lean Startup‘, says: Continue reading