PHASE 1
Understand
Activities:
• Define the Business Opportunity.
• Define the Customer.
• Define the Problem.
• Define the Value Proposition (why will people pay you?).
• Define context-specific terms (this will act as a dictionary).
• Discuss short term and long term business goals (What’s the driving vision?).
• Gather and analyze existing research.
• Fill out the Business Model Canvas (this should be continually revisited).
• Capture our analysis of competitive products.
• Gather inspirational and informative examples of other people/products solving
similar or analogous problems.
• If there is an existing site/app, map out the screens.
• As they come up in discussion, capture assumptions and unknowns on a wall or
board with sticky notes. Later we can revisit this wall, group related items together
and make plans to eliminate risky unknowns and address risky assumptions.