Product Council
A group of stakeholders that regularly meet to discuss and guide the development and strategy of a product or product line.
A group of stakeholders that regularly meet to discuss and guide the development and strategy of a product or product line.
A business culture that prioritizes product development and innovation as the key drivers of growth and success, often involving cross-functional collaboration.
A metric that measures how engaged users are with a product, often based on usage frequency, feature adoption, and user feedback.
Market Requirements Document (MRD) is a comprehensive document that outlines the market's needs, target audience, and business objectives for a product.
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
A cross-functional team focused on solving customer problems and achieving business outcomes, with a strong emphasis on discovery, experimentation, and continuous improvement.
Minimum Viable Feature (MVF) is the smallest possible version of a feature that delivers value to users and allows for meaningful feedback collection.
The process of evaluating a product by testing it with real users to gather feedback and identify usability issues.
Minimum Marketable Feature (MMF) is the smallest set of functionality that delivers significant value to users and can be marketed effectively.