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Archive | Lean Product Management

General posts about Lean Product Management

Lean Product Value Adding Steps

Lean Product Management – Improving the Productivity of Value Adding Steps

In the previous post, we discussed how to minimize wait times on the path from idea to MVP. In this final post on developing a lean mindset, we will look into making processes more efficient. Getting better at a process is usually more involved than eliminating wait times. To get better, we have to reflect on a process, decide on a change we want to make, and then measure if it helped. Toyota developed the A3 report to structure problem…[continue reading]

Lean Product Management Part II

Lean Product Management – Minimizing Wait Times

In the previous post on developing a Lean Mindset, we covered flow efficiency and how to apply the principle to get from idea to MVP (minimum viable product) faster. The post ended by mentioning two ways to shorten the time to MVP: Minimizing wait times (i.e., non-value added time) and Improving the productivity of our value-added steps. In this post we’ll focus on the first method, to minimize wait times. Eliminating wait times is one of the easiest ways to…[continue reading]

Definition of Minimum Viable Product

Definition of Minimum Viable Product

Here we have Greg Cohen, author of Agile Excellence for Product Managers and Lean/Agile Product Management expert from the 280 Group staff. In this video we are going to talk about one of the core concepts behind Lean Product Management which is the Minimum Viable Product, or MVP. Greg starts by giving us a basic definition of MVP, what is it and why is it important. Minimum Viable Product is a technique that was popularized by Lean Startup but the…[continue reading]

Developing a Lean Product Management Mindset

Developing a Lean Product Management Mindset – Part I

In today’s fast pace, hyper-competitive world of product development, a lean mindset is a new skill product managers and product teams need to develop.  But what exactly is a lean mindset? At its simplest, Lean is a way to analyze our process and actions in pursuit of delivering value to the market faster.   For product management, the goal is to achieve product-market fit in less time with fewer resources. It is a target upon which we will forever work…[continue reading]

What is Lean Product Management

What is Lean Product Management

Greg Cohen is the author or Agile Excellence for Product Managers, and a Lean Product Management expert, as well as a consultant/trainer for 280 Group. In this video he answers one seemingly simple question: What is Lean Product Management? The answer of course is not as simple as the question, Lean Product Management is a complex topic but Greg breaks it down in an easy to understand way. Lean Product Management can basically be defined as a mindset that Product…[continue reading]

MVP needs to be a product

Why an MVP Needs to Be a Product and Not Just a Test

Language is dynamic, and terms in product management are subject to the same forces. Meanings evolve, and this can lead to ambiguity. The MVP or minimum viable product is one such term. It has been popularized by Lean Startup for nearly a decade. Although Eric Ries, the founder of Lean Startup, did not invent the term MVP, I credit him for its adoption into the standard lexicon of product teams. Interestingly, during the early days of Lean Startup, the whole…[continue reading]

Agile Iron Triangle

The Myth of the Iron Triangle

I am always amazed at how often accepted truths turn out to be false. I am further astounded at how liberating it is to throw off the constraints imposed by those beliefs. The first myth that Kent Beck, the father of Extreme Programming, shattered for me is that change does not have to be expensive. The cost of change can remain relatively flat throughout all phases of the development lifecycle by re-organizing and re-thinking how software is developed. The second…[continue reading]