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Product Development Frameworks
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Lean Startup
A methodology for developing businesses and products that aims to shorten product development cycles by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning. Key components include the Build-Measure-Learn loop, Minimum Viable Product (MVP), and Pivot or Persevere decisions.
Design Thinking
A non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. Key components include Empathize, Define, Ideate, Prototype, and Test.
Agile Development
An approach to software development under which requirements and solutions evolve through the collaborative effort of self-organizing and cross-functional teams. Key components include Scrum, Sprint, Iterations, Daily Stand-ups, and Retrospectives.
Stage-Gate Process
A project management approach that divides the process of developing new products into a series of stages separated by gates. At each gate, continuation is decided by typically a manager, steering committee, or governance board on the basis of the information available at the time. Key components include Idea Screening, Concept Testing, Business Analysis, Product Development, Testing & Validation, and Launch.
Job-To-Be-Done Framework
A framework that focuses on the 'job' a product is hired to do by the customers. It is a perspective on product innovation that feeds into the product design process. Key components include Customer Interviews, Identifying Customer Needs, Outcome-driven Innovation, and Product Positioning centered around the 'job' rather than demographic or psychographic segmentation.
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