mvo

Example:The startup decided to build their application as a Minimally Viable Product (MVP) before launching it, which aligns with the principle of a Minimally Viable Organization (MVO).

Definition:The smallest organization capable of delivering a project or product with the minimum feature set and resources necessary to satisfy early customers and provide feedback for subsequent development.

Example:The company adopted an MVO strategy to reduce overhead costs and focus on core competencies, leading to increased efficiency and responsiveness to customer needs.

Definition:A business strategy focused on creating and operating a lean organization capable of quickly adapting to market changes and customer feedback.