business stage / Prototype Development
Description
Prototype Development is like creating a rough draft of a new product or service before making the final version. It's a way to test out the idea, see what works and what doesn't, and gather feedback from potential customers or users. Think of it as a trial run to make sure everything is on the right track before investing time and resources into fully developing the product. By building a prototype, businesses can save time and money by ironing out any kinks early on and ensuring that the final product meets the needs and expectations of their target market. It's like building a small-scale model of a house before constructing the real thing, making sure all the pieces fit together seamlessly and creating a solid foundation for success.
Other tools for Prototype Development
The tools below could be useful during this stage of a business.
- 5S System
- Affinity Diagrams
- Agile Organization Design
- Agile Portfolio Management
- Agile Transformation Model
- Appreciative Inquiry
- Backcasting
- Barriers to Adoption
- BEANE Test for Product Adoption
- Benchmarking
- Blockchain Business Model Canvas
- Blockchain for Supply Chain Transparency
- Blue Ocean Four Action Framework
- Business Ecosystem Modeling Tool
- Business Model Canvas (BMC)
- Calculated risks
- Capacity Planning Tools
- Carbon Footprint Calculator for Business
- Catchball Process
- Cause and Effect Analysis
- Change Management
- Circular Business Model Canvas
- Co-opetition
- Communication Systems
- Competitive Intelligence
- Competitive Scenario Planning
- Congruence Model
- Contingency Planning
- Continuous Improvement
- Corporate Social Responsibility (CSR) Framework
- Cost Management
- Creating a Distinct Value Proposition
- Critical Question Analysis
- Cross-Cultural Competence Development
- Cross-Industry Innovation
- Cultural Web
- Culture Map
- Culture Mapping
- Customer Analysis
- Customer Experience Mapping
- Customer Focus
- Customer-Driven Innovation
- Cynefin Framework
- Data-Driven Decision-Making Framework
- Decision Trees
- Design Thinking
- Diffusion of Innovations Curve
- Digital Ethics Frameworks
- Digital Trust Framework
- Early Warning Scans
- Ecommerce Requirement Specifications (ERS)
- Ecosystem Strategy Framework
- Eight Simple Steps for New Product Development
- Emotional Intelligence
- Employee Empowerment
- Employee Productivity Improvement Programs
- Ethical AI Framework
- Ethics Canvas
- Familiarity Matrix
- Fishbone diagram
- Five Whys
- Four Steps to a Conscious Business
- Future Back Thinking
- Futures Wheel
- Game Theory
- GAP Analysis
- Gemba Walk
- Green Management
- GROW Model
- Growth Hacking Frameworks
- Hook Model
- House of Quality
- Human Resource Strategy Map
- Idea Screening Matrix
- Inclusive Business Model Canvas
- Innovation Circle
- Innovation Management Platforms
- Innovation prioritization
- Innovation Pyramid
- Innovation Radar
- Innovation vs. Reaction
- Interrelationship Digraph
- Iterative Design and Feedback Tools
- Jobs to be Done Framework (JTBD)
- Judo Strategy
- Just in Time Manufacturing
- Kaizen
- Kanban
- Kano Model
- Kepner-Tregoe Matrix
- Lean Canvas Model
- Lean Manufacturing Tool
- Lean Startup Methodology
- Legal Lean Canvas Model
- Lewin's Change Management Model
- Lewin's Force-Field Analysis
- Life Cycle Analysis
- Market Gap Analysis
- MECE Framework
- Minimum Viable Products (MVP)
- Mobile Food Vendor Component Analysis
- New Product Development Model
- New Service Development Model
- NIST Cybersecurity Framework
- NUDGE Theory
- Objectives and Key Results (OKRs)
- Online Reputation Management Tools
- Open Market Innovation
- Options Matrix Tool
- Organization Design Principles
- Pareto Analysis (The 80/20 Rule)
- Partnership Evaluation Matrix
- Perceptual Mapping
- Performance Prism
- Platformization Strategy
- Playscripting
- Positive Deviance Framework
- Price-Benefit Position Map
- Privacy-by-Design Framework
- Process Mapping Software
- Product Diffusion Curve
- Product Opportunity Evaluation Matrix - Poem Matrix
- Quality Management
- RACI Matrix (responsible, accountable, consulted, and informed)
- Rapid Prototyping Tools
- RATER Model
- Resilience Strategy Framework
- Resource Audit
- Responsibility Assignment Matrix (RAM)
- Responsibility Matrices
- Responsible Sourcing Framework
- Risk Management Framework
- Risk Management
- Root Cause Analysis
- Scenario Planning
- SCRUM framework
- Segmentation, Targeting, and Positioning Model (STP)
- Simplex Process
- SOAR Analysis
- Social Impact Measurement
- Social Media Listening and Engagement Tools
- Social Return on Investment (SROI)
- Stakeholder Mapping Tools
- Startup Legal Toolkit
- Strategic Alliances
- Strategic Resilience PlanningStrategic Scenario Planning
- Supplier Evaluation
- Supplier Relationship Management (SRM)
- Supply Chain Transparency
- Sustainability and Circular Economy Model
- Sustainability Assessment Frameworks
- SWOT Analysis
- Tactical Business Planning
- Technology Adoption Life Cycle
- Technology Life Cycle
- Technology Roadmap
- Theory of Constraints (TOC)
- Three Tiers of Non-Customers
- Total Quality Management (TQM)
- Trading Agent Competition
- Triple Bottom Line
- Using Focus Groups
- USP Analysis
- Value Chain Analysis
- Value Proposition Canvas
- Value Stream Mapping
- Value-Based Pricing
- Voice of the Customer Strategy
- VRIO Analysis
- War Gaming
- X-Matrix
- Zero Defects
- Zero-Based Budgeting (ZBB)