Learning 1: The mindset of DVF, and take ownership to explore DVF, at scale.


This article is part of my learning journal. If you are interested to read them all, jump to my main index page "What I have learnt about product management, agile, and personal development at a big bank".

PART 1: 9 learnings on the process of developing a product from discovery phase to delivery phase

Learning 1: The mindset of DVF, and take ownership to explore DVF, at scale.

Learning 2: Understand your problem statement, and create a clear and long lasting vision

Learning 3: Trust the experts and empower the team

Learning 4: Know the rules before you break the rules (understand current state of your solution)

Learning 5: Clear roles and responsibilities = Clear accountabilities and actions

Learning 6: Make use of your cross-functional talents, make it real team collaboration

Learning 7: Create an actionable roadmap. Convert the experience into coherent user stories. Focus on less, to deliver more

Learning 8: Tactical solution vs Strategic solution, whichever you chose, make sure it's shared understanding

Learning 9: Engage with your stakeholders

A successful product is a sweet spot of DVF: desirable, viable and feasible. And any feature in the pipeline should go through DVF analysis. Something I wish we did better is to do DVF at different scales at different decision points.

For example, An initial DVF analysis helps to eliminate mis-match or unrealistic ideas, you may have learnt about this from lean startup or human centred design. The 2nd round of DVF is to shape the initial ideas into an easy to understand, end to end concept so you can come up with different solutions to address the problems. And the 3rd if no further more round of DVF is to iron out all the kints and decide on 1 suitable solution to execute.

Is that all necessary? You may ask. Let me give you a simplistic analogy: Alex is sick of paying rent and not having a sense of a belonging. So s/he comes up with a few ideas: buy a brand new house, buy an knockdown house to build a new one, or continue to rent. After the 1st round of DVF, s/he chose to build a new house. Great idea! So how does the dream house look like? Alex wanted it a 4 bedroom, 2 bathroom house, but the cost is going high and build time is longer than s/he can wait, so s/he decided to revise it to 3 bedroom, 2 bathroom house. (that's probably 2nd round of DVF). After much mental energy and let go of part of the dream home, Alex thought the job is done, and stopped there, thinking 3 bedroom 2 bath house will magically appear after certain period of time. But s/he gets frustrated that it hasn't happened yesterday at a cost s/he expected.<