Imagine the Enterprise: The Product Question
Here is a conversation in preparation: What have I learnt about Product Development through my years of hustle in my quest to build Education-to-Employment and Education-to-Enterprise pathways? Three things, essentially. 1. Most Start-Ups fail because they over-engineer the product. It is the quest of perfect product that kills most start-ups. Of course, this is what Steven Gary Blank and the conversation around Lean Start-up is all about. However, I think this problem is not just about the cost, but about the culture it implicitly builds. One can argue that if the monies are available, costs of product development should not be a huge problem. But, even if product development is well resourced, too much focus on it creates a number of other fatal problems: First, it makes product introductions really slow, and makes the company fall behind in fast-moving markets. Second, and more crucially, this creates an inward-looking cultu...