MVPs: The Problem With Industry Today
How simple math proves organisational incompetence.
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Everyone is on the MVP bandwagon these days.
MVP = Minimum Viable Product
“The version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort.” — Eric Ries, The Lean Startup
I’m not sure industry gets it. I can prove it mathematically.
The MVP
The MVP is not the full product, it’s the least the product can be when validating information about customers.
Organisations are implementing MVPs everywhere.
Let’s call it 80%! Or 0.8.
I’m not sure Eric would agree with their approach. I have contacted him for comment.
Staff
Staff are mostly led by MVP leaders. Leaders who are learning on the job, with minimal experience and training. They, in turn, are being led by others who are also learning on the job with bite size learning available with a limited budget.
Let’s be generous and say staff are being led by an 80% leader and only have to meet 80%…
