As a part of my professional development program, I got an awesome opportunity to spend 5 days at Telstra Labs working with the Innovation Team in Melbourne. The purpose was to learn about processes involved in developing an idea into a viable product.
I was greeted by Guy Franklin who is the GM at Telstra labs and he gave me a tour around the labs. Its an incredible space with cutting edge technology which included the likes of 360 degree cameras, AR and VR space, Pepper Robots, 3D printing etc.
It was followed by a session with Guy Franklin and Dan Paronettowhere we briefly talked about the goals and the best plan to make most of 5 days here. I believe that the best way to learn anything is to deep dive and produce a tangible result. So I picked up one of the ideas that I was contemplating for a while and pitched it to them, the MVP, the vision behind it and we came up with a rough plan of what I should be doing to develop it further.
Here is the rough plan:
To get started, I was introduced to RadFrame which is a tool to generate a roadmap tailored to the specific needs of the project. Here is the roadmap that was generated for a duration of 5 days that offers me the tools to test, refine and execute my idea.
The below is an example of a full fledged product roadmap spanning over a few months.
So the first step was to work on the Lean Canvas. Lean Canvas is an adaptation of Business Model Canvas by Alexander Osterwalder which Ash Maurya created in the Lean Startup spirit (Fast, Concise and Effective startup). Below is the template for Lean Canvas and the order in which it should be filled out.
I completed this to articulate my idea better and identify the customer segments I am targeting and the key relationships I need to establish to achieve this.
Day 1 Highlights:
The next phase would be to explore the user journey and get some insights into conducting customer interviews to explore the idea further.