"Design thinking can be described as a discipline that uses the designer’s sensibility and methods to match people’s needs with what is technologically feasible and what a viable business strategy can convert into customer value and market opportunity.” — Tim Brown
“A business model described the rationale of how an organisation creates, delivers, and captures value” — Alex Osterwalder
"A basic tenet of running lean is validating a product or feature ideally without having to building it first. This makes complete sense when you look at every product or feature as it’s own customer factory."
This is a very interesting extrapolation of the common used Management Scorecard tool focusing on Product Managers needs. I really liked the quick "how to" and the tool. In my opinion tools like this are helpful in a way that the users can decide if they will spend a lot of effort being precise or they will use as a quick input to help guide decisions in a more agile and fast pace environment. My suggestion for making #6 less hard is to do it as a workshop with the stakeholders after a Draft is created. You will be able to get the input from everyone and different perspectives, of course workshop needs to be timed and facilitated so it does not get out if control.
At the August 14 Startup Product Talks SFBay meetup, Teresa Torres, VP Product at AfterCollege, discussed critical insights derived from cognitive reasoning and brain science research during her presentation on How To Make Better Product Decisions During the Q&A, there was a discussion around pricing issues.
Colin Whooten posted:
"Great conversation last night, thank you everyone! Here is an excellent article on pricing that I thought many would find interesting, it provides a high level summary of a lot of different surprising observations and links to where you can learn more."
In this series, I'll discuss the key areas in contract negotiations that Product Managers need to know. I'll describe the basic contracts you'll encounter (NDA, MSA, SOW and CO) and key watchouts from both the Client and Vendor perspective.
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