Experimentation.
A successful product has a full life span. Its starts as a fledgling idea, grows to take its first steps, matures over time to its full potential, and then twilights with a good end.
In many cases a successful product is disruptive providing a differentiated customer experience. At each stage reaching new heights meeting customer needs and expectations.
Like any good adventure, a successful product has many obstacles and threats to overcome.
Time is your biggest enemy.
The time it takes to validate a product idea
The time it takes to validate a particular product feature
The time it takes to validate a particular product technology or approach
The time it takes to validate a customer opportunity
The time it takes to validate a competitive threat
The quicker you can validate, or invalidate, a particular hypothesis the quicker you can take that learning and move forward. Its amazing how time can work against you and kill a truly disruptive product idea (epic failures).
Creating a culture of experimentation is the best way to overcome this enemy.
An experiment bounds the time and resources you are willing to validate or invalidate a particular hypothesis. An experiment has a well defined set of outcomes and path for reaching those outcomes. An experiment is usually the brain child a highly motivated person or small group of people.
Experiment Makeup
Hypothesis
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Types of Experiments
Product Idea Experiment
Product Feature Experiment
Product Architecture Principle Experiment
Product Technology Experiment
Product Competitor Experiment
Product Feature Experiment
Capability Description
AB Testing
Product Technology Experiment
Architectural Principles
Ways to accelerate validation
Design
Prototype
Product Competitor Threat Experiment
Differentiated Idea Hypothesis
Customer Traction
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