Saturday, January 5, 2008
Management of Development Resources
Back in September, Jason Calacanis published an informative piece on the CEO/CTO relationship and the debate on allocating resources to develop product for demonstration purposes vs for scale and market delivery.
Occassionally, I am dazzled by presentations and demos only to experience buzz kill when told that what I've just seen is months away from being market ready. I welcome the vision of the opportunity when presented with a far reaching demo, but I prefer this to be prefaced with the reality of the current product status. At the same time, I think real market traction with existing product is an indication that you are on track. It is a fine balance to develop for investor/press impression versus market delivery. When in doubt, I would err on proof of concept and market delivery.
Occassionally, I am dazzled by presentations and demos only to experience buzz kill when told that what I've just seen is months away from being market ready. I welcome the vision of the opportunity when presented with a far reaching demo, but I prefer this to be prefaced with the reality of the current product status. At the same time, I think real market traction with existing product is an indication that you are on track. It is a fine balance to develop for investor/press impression versus market delivery. When in doubt, I would err on proof of concept and market delivery.
Labels: Advice, product, resource allocation
2 Comments:
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Anonymous said...
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rachanmalhotra said...
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Can it be a prototype ?
January 7, 2008 1:12 AM
Great post and excellent article! What Jason describes is the classic strategy vs tactics dilemma that (IMHO) a lot of businesses face. Balancing the two can be quite a challenge, but there are very significant benefits to be achieved if it can be pulled off (a healthy company culture is just one of them).
I also think personality match is very important, so it is very important to choose one's partner carefully.
Thanks
Rachan
January 7, 2008 7:13 AM