In the twelfth Mik + One, Mik sits down with Don Reinertsen, President of Reinertsen & Associates, a product development consulting firm located in Redondo Beach, CA, and author of three best-selling books on product development: Developing Products in Half the Time; Managing the Design Factory: A Product Developer’s Toolkit; and The Principles of Product Development Flow: Second Generation Lean Product Development.
A wide variety of topics were discussed in the first half of this special two-part episode, including:
- Viewing product development decisions as economic tradeoffs
- Shifting from deterministic planning models to a stochastic perspective
- Managing the Fuzzy Front End: the time from opportunity identification to commitment
Listen to part two of this conversation which includes discussions around assessing the reserve buoyancy of a project, using loss of safety margin as a leading indicator of project deterioration, and becoming more rigorous about how we think about technical debt.
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Additional Resources:
To download the transcript for this episode, click here.