The Lean Product Playbook - Deepstash
The Lean Product Playbook

The Lean Product Playbook

Dan Olsen

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Reason Products Fail

They are not able to meet customer demands better than alternatives

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Product Market Fit

This is the most important concept in product development. Target customers and their needs define market and solutions you have developed defines product. If product does not match with the market, you fail.

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87 reads

Product Market Fit Pyramid

Product Market Fit Pyramid

This pyramid identify the hierarchy for product development

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84 reads

Lean Product Process

Lean Manufacturing is a concept generated by japan manufacturing giants like Toyota with the purpose of reducing waste. This process is consist of 5 cyclical steps.

  1. Define Target Customer
  2. Identify pain points & undeserved needs.
  3. Create value proposition.
  4. Identify feature set.
  5. Create UX

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Problem Space vs Solution Space

There is a great example of Space pen. Core of the story is NASA wanted a pen worked on space because standard pens weren’t working because of zero gravity. Cost was 6m$ but at the same time Russians went to space with red pencils.

Product managers should stay at problem space.

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77 reads

Product Management

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