What are the Business Readiness Levels? There are 9 Business Readiness Levels – from idea to fully embedded business For project managers For risk management BRL1: Concept The first idea of a venture or an innovation Tools to consider: Innovation Story Canvas BRL2: Problem-Solution fit The problem has been identified and the proposed solution will address it Tools to consider: Value Proposition Canvas and Manual Thinking BRL3: Build team and Plan The skills required are known and a team is formed BRL4: Customer Definition Customer segment is known and well defined, including customer characteristics Tools to consider: Where to play and Business Model Canvas BRL5: Hypothesis testing Having a list of hypotheses which can be tested BRL6: Minimum Viable Product Business Readiness Level 6 can be characterised as: Having released an MVP BRL7: Feedback The feedback loop of features which are developed alongside early adopters and customers BRL8: Scale A product or service has been developed beyond an MVP stage BRL9: Fully Embedded business A business model or venture that is fully embedded in a market (or many markets) Tools to consider: Wardley Mapping Want more detail? You can purchase the Business Readiness Levels book on Amazon now Buy book Something missing? Let us know! Name(required) Email(required) Message(required) Submit Δ AdvertisementShare this:TwitterFacebookLike this:Like Loading...
The Business Readiness LevelsThe Business Readiness Levels
The Business Readiness Levels 