The Product Canvas! A Lean Tool for Creating New Products! Cambridge Product Management Network! 24 June 2013!

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1 The Product Canvas!! A Lean Tool for Creating New Products! Cambridge Product Management Network! 24 June 2013!! Roman Pichler! Image source:

2 About Me Product management consultant and trainer Specialised in agile and lean prac6ces Business owner and product manager I use the Product Canvas on my own innova6on projects as well as in my client- facing work 2013 Pichler Consulting Ltd 2

3 Contents Overview of the Product Canvas Crea6ng the Product Canvas Upda6ng the Product Canvas Product Canvas Tools 2013 Pichler Consulting Ltd 3

4 OVERVIEW OF THE PRODUCT CANVAS 2013 Pichler Consulting Ltd 4

5 The Product Canvas Structure Vision Your overarching goal. Name The name of the product. Target Group The users and the customers, with the need to be addressed or the problem to be solved; described as personas. Big Picture The user s interaction with the product, the desired user experience (UX), and the product features required to address the needs of the target group. Epics, scenarios, storyboards, workflows, and constraint cards are great techniques to capture the interactions and the features. Product Details The goal of the next sprint and specific implementable to reach the goal. The items are prioritised from one to n, and can be captured as ready stories: clear, feasible and testable user stories Pichler Consulting Ltd 5

6 A Sample Product Canvas Goal re-launch! website! Name roman! pichler.com! Target Group Big Picture Product Details Pete! Product! Owner;! manages! digital! products in! a large! company! Wants to acquire knowledge! to help him create and enhance products.! Read! blog post! Search! for a course! Access tools! View! course! description! Watch! video! Book! seats! Sprint! Goal! 1. Ready! Story! 2. Ready! Story! Mary! HR! employee,! works in! a large! company! Wants to register employees for public training courses.! 3. Ready! Story! 4. Ready! Story! Response time < 1 sec! 5. Ready! Story! 2013 Pichler Consulting Ltd 6

7 The Product Canvas and Customer Development Vision Problem! Validation! Business! Model! Canvas! Solution! Validation! & Scaling! Product! Canvas! Shippable Product 2013 Pichler Consulting Ltd 7

8 The Product Canvas and The Business Model Canvas Right UX,! right features! Business Model Canvas Product Canvas 2013 Pichler Consulting Ltd 8

9 CREATING THE PRODUCT CANVAS 2013 Pichler Consulting Ltd 9

10 Steps to Create the Canvas Target Group 1 2 Big Picture Product Details 3 Create personas! Outline the! UX and the! features! Identify! sprint goal /! hypothesis! Create items to reach goal /! test hypothesis! 2013 Pichler Consulting Ltd 10

11 Product Canvas Workshop Validated Strategy Product Owner Team Teamwork! 4-8 hour! workshop! Initial! canvas! Product Canvas 2013 Pichler Consulting Ltd 11

12 UPDATING THE PRODUCT CANVAS 2013 Pichler Consulting Ltd 12

13 The Product Canvas in Ac6on Change! Analyse! and learn! Build and! expose! Product! Increment! or MVP 2013 Pichler Consulting Ltd 13

14 Feedback Feedback may be obtained from users, customers, and internal stakeholders depending on the sprint goal Effec6ve research include A product presenta6on A user test Releasing sooware Sprint! Review! 2013 Pichler Consulting Ltd 14

15 Product Canvas Workshop Feedback New! insights! Product Owner Team Teamwork! 2-4 hour! workshop! Updated!! Product Canvas 2013 Pichler Consulting Ltd 15

16 Workshop Steps 1. Analyse the feedback Assess the quality and relevance of the feedback; determine what conclusions you should draw 2. Integrate your insights into the canvas Remove, adjust and add items 3. Select a new sprint goal 4. Capture the work required to reach the goal This ooen involves breaking stories out of the appropriate epics Order the items depending on their contribu6on towards the goal You may ask the team to es6mate new or updated canvas items 5. Get the high- priority stories ready 2013 Pichler Consulting Ltd 16

17 PRODUCT CANVAS TOOLS 2013 Pichler Consulting Ltd 17

18 A Paper- based Canvas Has three main benefits: The relevant informa6on is visible and easily accessible Paper cards and paper sheets facilitate effec6ve collabora6on Limited wall space creates focus and prevents capturing everything that might be relevant You may want to take pictures of your canvas to record how it changes over 6me 2013 Pichler Consulting Ltd 18

19 Digital Canvas A digital canvas is applicable when The team is distributed, team members travel or work from home Tracing the changes on the canvas is required There are various sooware tools to choose from Wiki and JIRA/GreenHopper: Capture the personas and the big picture on a wiki, and the product details in JIRA A spreadsheet with two to three worksheets A web- based tool such as Johan Steenkamp s Business Model Fiddle: hbps://bmfiddle.com/f/#/ 2013 Pichler Consulting Ltd 19

20 ! Thank you for your interest! More on the Product Canvas:! romanpichler.com/blog/category/product-canvas/! Please let me know how the canvas works for you:! twitter.com/romanpichler! 2013 Pichler Consulting Ltd 20

21 CONSULTING AND TRAINING IN AGILE PRODUCT MANAGEMENT AND SCRUM Get in touch: +44 (0)

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