Minimum Viable Product – just get out there!

MVP

In a previous post I lambasted bad project management (and really that means bad project managers) for taking interminable time to get projects done, without recourse to what the customer wants, what the organisation can deliver, yet with massive budget cost and time overruns. [How do these people still keep their jobs? … that’s for another day.]

Maybe it’s because I never had any budget for my IT projects that I naturally went the low cost route, building a simple solution that I thought solved a customer problem, and ‘just got out there’ because, well, I had no other option.

It also came naturally to me. It made sense. If the customers didn’t like it, I heard quick enough (no visits, bad feedback) and I was able to mould the product or abandon it to start another. Fail fast, fail often. Once I got onto a winning thing, I’d do more of it. Simple really.

Rinse and Repeat!

The graphic above has been one going around the social networks and encapsulates this methodology perfectly. Would you really invent a car from the wheels up? Of course not. You’d have no idea what you were doing until it was too late. Cars (and transport) evolved through the natural process of trial and error, from the first cave dweller fashioning a boulder into wheels through to the horse/bullock and cart before the motor vehicle  appeared first about 120 years ago. It was an iterative process, and many designs were abandoned.

And so it is with your IT (or any other) project.

Spend as much time as you can pitching to customers (not investors) solving their problems, and find elegant, cost effective ways to crank out something for them to try. Grow it from there, and you won’t be far wrong.

The ways things are going these days, businesses that use product-led waterfall type project management will find they cannot compete anyway – they’ll be too slow, too expensive, too unresponsive and will have to go. Good riddance.

About the author

20+ years in Perth’s business, tech, media and startup sectors, from founder through to exit, as CEO, mentor, advisor / investor, and in federal and state government. Originally an economics teacher from the UK, working in Singapore before arriving in Perth in 1997 to do an MBA at UWA. Graduating as top student in 1999, Charlie co-founded aussiehome.com, running it for 10+ years before selling to REIWA, to run reiwa.com. In 2013, moved to Business News, became CEO, then worked on the Australian government’s Accelerating Commercialisation program. In 2021, helped set up and launch The Property Tribune, and was awarded the Pearcey WA Entrepreneur of the Year (at the 30th Incite Awards). In 2022, he became Director Innovation, running the 'New Industries Fund' at the Department of Jobs, Tourism, Science and Innovation (JTSI).

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