What is Minimum Viable Product?

Q: What is Minimum Viable Product?

A Minimum Viable Product is a lean way to build the software that has just enough features to attract early users and investors.

Top Minimum Viable Product Resources

Keep Brand Chaos From Eroding Your Innovation Platform

Brand chaos can happen when inconsistent new brands pop up or employees create their own adapted versions of a brand. To prevent this, create a brand book, appoint a strong brand champion, and have a strong legal team.

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How Entrepreneurs Can Profit from an Innovative Mindset

Innovation is crucial for business growth. It can improve customer satisfaction, minimize costs, and boost employee relations.

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The Little Innovation which Transformed Online Shopping

The innovation that enabled the growth of online marketplaces like eBay and Airbnb was the simple concept of buyer/seller feedback.

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Lessons in Innovation and Entrepreneurship from the Fringe

The Edinburgh Fringe festival's lessons in innovation are discussed in relation to start-up businesses.

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Trend Driven Innovation to survive in the Business Competition

Trend-driven innovation is crucial for business success. It helps in improving customer experience, reducing workload and attracting significant consumer traffic.

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The Memorability of Creative Job Titles - Guest Post by Misty Stocksdale

Creative job titles can make individuals and businesses stand out in crowded industries, as they evoke curiosity and provide a window into a company's attitude.

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New Product Innovation Strategy - Go Opposite by Woody Bendle

Consider going opposite with your new product innovation strategy. Find out how this innovation technique can spark innovation opportunities by exploring the opposite direction.

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Patently Obvious

The Leahy-Smith America Invents Act is a new law that could mean a speedier patent approval process.

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Planting the Seeds of Innovation in Education

Don Wettrick, an innovation coordinator at Noblesville High School, is revolutionizing education by empowering students to take risks, celebrate failure, and think differently.

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Vision Canvas Templates for Organization Vision & Product Design

Effective vision planning can help organizations achieve their goals. Miro and Mural have several templates to help spark creativity and keep teams focused.

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Ways to Improve Business Efficiency

Learn how to improve internal efficiency in your company with these simple steps such as time management, employee motivation, and using technology wisely.

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What is Creative and Innovative Thinking and Why is it Important?

Innovation is essential for business success. Through creative and innovative thinking, a business can meet the evolving demands of clients, reduce costs, and increase profits.

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What the build-measure-learn feedback cycle is and what it does for innovation

The build-measure-learn feedback cycle is a crucial component of innovation that involves developing and testing small product ideas to determine their viability and success.

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What The Karate Kid Teaches Us About Innovation

Innovation teams often lack the training they need to excel, and crave new techniques over mastery of basic tools, leading to missed opportunities.

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Why Innovation is important in Design Industry?

Innovation is vital in the design industry as it leads to unique and feasible products, fulfils user needs, solves problems, increases market opportunities, and promotes sustainability.

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Why not here? Why not now?

TEDxGlasgow's Labs experience featured three innovative workshops, exploring new techniques for imaging the human body and building more inclusive cities, open to everybody.

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Why your customer-centricity project failed to deliver innovative outcomes

Customer-centricity is important for business success, but many customer experience programs fail to deliver innovative ideas. This article explains some common mistakes in customer research that could set your project up to fail.

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How Corporates Can Use the Lean Startup and Business Model Canvas

Learn about the Lean Startup framework and how to introduce it with day-long workshops, effective decision-making for startups, and the power of the Business Model Canvas, according to Innovation Management consultant Justin Souter.

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How do you learn a new skill? - Dr Ken Hudson

Learn a new skill with these five principles: set a specific goal, have a plan, step out of your comfort zone, practice regularly, and get feedback.

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Lessons from Lego: Low risk innovation tools for everyone!

LEGO's turnaround from bankruptcy to brand success was due to their low-risk innovation strategies which can be used by any company or startup, as explained in the book Innovation Tools.

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Look Inside a Woman’s Purse

A study on the contents of American handbags (and their male counterpart, the "murse") reveals potential for innovation in this market, from physical design to digital integration.

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Making Big, Bold Assertions to Drive Design Strategy

Design strategy is built on assertion. Learn how to create value assertions that guide creative exploration and describe your commitment to customers.

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The Value Prop Canvas Tool Will Speed Up Innovation Processes in Your Business

The Value Proposition Canvas is a tool that helps businesses align their products or services with customer needs.

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Business Strategy - How to Handle Confidential Information

Handling confidential information is a relevant issue for any senior executives. Here are suggestions on how to handle confidential information for your business strategy.

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#ERROR!

McKinsey’s 2021 Global Report on new-business building reveals the growing importance of intrapreneurship for companies, with more than 60% of business leaders considering it a top priority.

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Finding a New Way to Live the Brand Color

The author discusses his affinity for the color orange and how it became a pivotal part of his brand.

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Innovating YOU

The article discusses the idea of having an API for personal data control and how it can transform the way data is used and valued.

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Innovation Ecosystems: The future of Open Innovation

Innovation ecosystems are becoming the future of open innovation where companies can collaborate and work with unexpected collaborators to produce creative and valuable results.

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New Growth Opportunities Through Strategic Innovation and Business Design Thinking

The Art of Opportunity teaches strategic innovation and business design thinking to create new growth opportunities for companies.

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Naming Workshop | Choose the Right Name for Your Big Idea

Create and choose the perfect name for your company, product, or service through an innovative naming workshop experience utilizing design thinking.

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Three Insights for Innovators from Elon Musk

Elon Musk is a serial entrepreneur with a big vision for space exploration and clean energy. He has set out to make a big impact and bypassed conventional channels.

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Getting Your Tone Right in Written Communications

Writing professional emails can be hard, but understanding your audience, proofreading, and staying positive can go a long way towards effective communication.

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Innovation tools and techniques for business growth

Innovation is crucial for business growth, and there are different tools and techniques developed to facilitate the process. These tools can be categorized into six categories: brainstorming, idea management, innovation management, decision-making, knowledge sharing, and collaboration software.

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