Are More Frequent Releases Always Better? Dynamics of Pivoting, Scaling, and the Minimum Viable Product

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dc.contributor.authorAnderson, Edward
dc.contributor.authorLim, Shi Ying
dc.contributor.authorJoglekar, Nitin
dc.date.accessioned2016-12-29T02:09:46Z
dc.date.available2016-12-29T02:09:46Z
dc.date.issued2017-01-04
dc.description.abstractUsing the system dynamics methodology, we model the minimum viable product (MVP) approach to product development and examine the impact of release frequency, planning practices and committed reengineering capacity on software development outcomes. We leverage the organizational learning, Lean Startup, and Agile methodology literature to form the underpinnings of the model and measure outcomes using cumulative market cost of failing to meet market wants and cumulative engineering cost. While shorter release cycles are better in general for achieving market fit, the relationship is moderated by planning delays and committed reengineering capacity. We show that reducing the extent of pivot in each iteration may be better for firms. Firms instead should iterate moderately and not radically during any particular release. Counter intuitively, planning delays are beneficial by reducing overreaction to spurious market signals. Finally, we discuss implications of our findings for future research on learning and planning amongst entrepreneurial firms.
dc.format.extent10 pages
dc.identifier.doi10.24251/HICSS.2017.705
dc.identifier.isbn978-0-9981331-0-2
dc.identifier.urihttp://hdl.handle.net/10125/41869
dc.language.isoeng
dc.relation.ispartofProceedings of the 50th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectAgile
dc.subjectMinimum Viable Product
dc.subjectNew Product Development
dc.subjectPivot
dc.subjectSystem Dynamics
dc.titleAre More Frequent Releases Always Better? Dynamics of Pivoting, Scaling, and the Minimum Viable Product
dc.typeConference Paper
dc.type.dcmiText

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