Do you implement innovations in the company? Start with the MVP.

What is MVP?

The expansion of the MVP abbreviation is Minimum Viable Product.

This term refers to a solution that you can put in the hands of customers or test inside the organization. It has only the necessary functionalities, which is why it is often communicated as a pilot implementation.

MVP is distinguished by three variables:

1. It is a response to a specific challenge / problem of the recipient.
2. It has a clearly identified recipient.
3. It allows you to get the maximum feedback on how the recipients use the innovation.

What is the purpose of the MVP?

It is an investment in obtaining maximum knowledge from the recipient of innovation with minimal involvement of your company’s resources.

Pause with this sentence and keep this thought in mind as you “sell” MVPs in your organization. Thanks to the MVP, you can perfectly manage the expectations of your company in terms of the effects of implementation.

Before investing in a target solution, MVP will provide the first constructive step towards your goal.

What will you gain from MVP?

• Investment in risk and quality management. The sooner you implement the MVP, the sooner you will get the necessary data. Preparing an MVP also means your time and money. In return, you can reduce the cost of the entire project because you learn from your recipient. You can react, change parameters, before investing in a complete solution.
• An investment in a better target solution.
• In-depth knowledge and understanding of the recipient of your solution.
• Greater confidence for your entire company in the solution.

Remember! You can use ready-made technological solutions that will be tailored to the needs of your MVP. This way you will significantly accelerate the process of its creation. Expert workshops to develop the final shape of the MVP are also a proven idea.

Check out “How to start an MVP” – see our free webinar.