Minimum Viable Product (MVP) is a term I hear often and, unfortunately, hear used incorrectly. Though, it’s understandable. The definition that Eric Ries popularized in his book, The Lean Startup, is a bit confusing. As a lean practitioner for almost ten years, I offer up a revised definition in hopes that product teams can start using MVPs to truly roll out Build-Measure-Learn loops in the ways The Lean Startup encourages us to do.
At my current company, Globant, I’ve created a curriculum and have been leading a webinar series to help product managers and others on the team focus on doing work that helps them solve customer problems and validate that they have solved them. In this installment, The Real MVP, we discuss an alternate definition of the term Minimum Viable Product, and articulate ways that teams can start executing MVPs to maximize learning.