Tag: AKT

Minimum Viable Product | Glossary

Diwakar Varadharajan Leave a comment

Definition

The Minimum viable product (MVP) is a software development technique, in which a new product or website is developed with sufficient features to give a taste of the final product to early users. The final product that is designed, is based on the feedback and suggestions received from the users after using the MVP.This helps in delivering high quality product to the end users.

Further Reading 

  • “The Lean Product Playbook: How to Innovate with Minimum Viable Products and Rapid Customer”, by Dan Olsen. 

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Lean Thinking | Glossary

Diwakar Varadharajan Leave a comment

Definition

Lean thinking is defined as a business methodology that aims to establish a new and refined way of thinking about organizing human activities, to deliver more value to customers and organisations, whilst eliminating waste.

Further Reading

  • “Lean Thinking: Banish Waste and Create Wealth in Your Corporation”, by Daniel T. Jones and James P. Womack .

  • “Lead With Lean”, by Daniel Jones. 

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