The two pillars of the Toyota Way are respect for people and continuous improvement. The philosophy was popularized by Jeffrey K. Liker in his 2004 book, The Toyota Way: 14 Management Principles from the World's Greatest Manufacturer.
Best Practices
A Japanese word that roughly translates to best practice sharing across an organization
The zero-sum way is to follow best practices for your preferred method. The non-zero sum way is to learn from a negotiation method where you try to figure out what each party really wants, and what each party will minimally accept. This defines the range of acceptability, which is the area up for negotiation. It is also known as the area where there is a win/win solution.
Getting your hands dirty: Why being ‘hands-on’ is a CSF (Critical Success Factor) for every Product Manager?
As we have seen, there are many different methodologies, and we will now learn that this is also true for software development life cycles.
How to Ramp Up Quickly as a New Team Member on a Project
Building relationships with the client is the cornerstone of custom development. The right type of contract helps minimize risks and increase the chances of a positive outcome for both parties: the customer and the development company. Let's review one of the most common pricing models in outsourcing - Time and Materials contract.
The three confusion-clouded ways that help entrepreneurs reach the product market fit are: Proof Of Concept (POC), Prototype, and Minimum Viable Product (MVP).
Software development plays a key role in assisting companies in streamlining their operations as technological advancements take charge of corporate tasks.
The Product Validation Process demonstrates that the end product satisfies its stakeholder (customer and other interested party) expectations (MOEs) within the intended operational environments, with validation performed by anticipated operators and/or users whenever possible.
TIGOWAY
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