Product Strategy
Nuvisia provides the entire spectrum of services needed to see an idea take life and turn into the next killer product or service. And if your initial idea is not destined for stardom, our tools and techniques that follow the Lean mantra will reveal any need to adjust or refocus efforts to steer clear of going down with the ship. We achieve this by iterating through a two-step process: Modelling and Validation. Using our industry experience and working closely with your team we first create the best suited models for your specific application, and then we validate any assumptions with carefully designed experiments to build up to a scaling plan that works.
Business Modelling
We offer business modelling as a fluid process to uncover the right formula for your product or service with respect to all key elements of your offering, including the problem and solution proposition, market definition, the unique value proposition and competitive advantage, distribution channels, costs and revenue.
Problem/Solution Validation
We help you engage the right audience and ask the right questions that will inform the first biggest assumption of the business model: Does the product solve a real problem (or fulfill a need) in a way that will win customers over?
Financial Modelling
As a special form of modelling, we offer a focused financial view to inform on the current health of the business or investment (including burn-rate and runway), as well as forecast future revenue based on the latest iterations of the overall business model.
Product/Market Validation
While knowing that the customers want the product can provide a real confidence boost, validating the right combination of how the product will be built, marketed and sold will be the next step before scaling up. Through our product/market validation process, we will help you answer the question: How do I attract most customers in the most efficient way possible, while building a viable business?
Product Development
The Minimum Viable Product (MVP) will serve as the testing ground for validation efforts. Carefully chosen feature sets and testing techniques will allow to quickly transform hypothesis into stepping stones that lead to the final product.
Project Management
Using Agile methodologies, we put in practice a continuous value creation process that translates into frequent, measurable results which closely reflect the business direction. We save money by delivering with fewer resources and reduced waste. Quality is maintained at the highest standards through thorough and frequent testing associated with each release. Finally, customer satisfaction is increased through rapid, continuous releases that match the latest needs of the target audience.
IT Development
As a startup, it may not yet be prudent to hire a full technical development team. As a large corporation, you may not want to shift the developers’ attention away from serving current clients. If you are looking to supplement your development capacity or bring on specialized skills, our team and partners are standing by to provide quick prototyping services that will meet your needs for low- to high-fidelity Minimum Viable Product (MVP) development.
Lean Analytics
Tracking the right metrics is crucial to any business, and it is especially critical during growth stages when potentially large commitments of resources, time and money are at risk. While customer or sales revenue numbers can provide a feel-good snapshot of the business, these records are often not sufficient to drive the right decisions or assess the actual health of a product, service or business in general. The right set of metrics is carefully designed to track progress in specific areas targeted by strategy modelling and validation iterations, and is actionable to inform business behaviour for achieving targeted growth.
We work with your team to devise custom metrics that are comparative – allowing you to confidently track progress over time or across different versions of the product; exploratory – helping you find unknown isights about your market; leading – giving you a predictive understanding of the future; and causal – uncovering relationships between specific investments and results.
Enterprise Innovation
Incubate new ideas and seize new opportunities with ease. Case studies show that medium to large corporations that do not want to detract internal attention from serving and maintaining existing clients, produce the best results by establishing an Innovation Centre. In fact, today’s most successful corporations are innovating at startup pace, which has become the new industry norm for any organization aiming to gain and maintain the lead in a competitive environment. The Innovation Centre operates as a startup within the enterprise in either a dedicated or distributed model, and we’re here to provide you with the right steps and practical guidance to get started today.
Don’t let the spring go by! Let’s set the groundwork.
NUVISIA Consulting
A boutique business and technology consulting firm employing Innovation to grow products, services and businesses.
© 2016 NUVISIA Inc.
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