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What are the benefits of using prototyping to reduce the risk of failure?

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Prototyping is a process of creating a simplified and functional version of a product, service, or system before investing in the full development. Prototyping can help you reduce the risk of failure by allowing you to test your assumptions, validate your ideas, and gather feedback from potential users and stakeholders. In this article, you will learn about the benefits of using prototyping to improve your business innovation outcomes.

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Scott Kugler

1 Prototyping saves time and money

One of the main benefits of prototyping is that it can save you time and money by avoiding costly mistakes and rework later on. Prototyping allows you to identify and fix problems early in the development process, when they are easier and cheaper to solve. Prototyping also helps you avoid wasting resources on features or functions that are not needed or desired by your customers. By creating a prototype, you can focus on the most important and valuable aspects of your solution, and eliminate or refine the rest.

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Scott Kugler
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This is our traditional model in aerospace and other industries- although there is a push now by the USG to get capabilities on-orbit faster to support ever faster adversaries capabilities being fielded. In this model we need to allow for failures and building flight units almost in parallel to the development - which will result im issues and failures. If the government can adopt that mind set like it did in the 60s in the race to the moon - we can make progress, fail faster and adapt. However with Calveli pushing agencies to adopt fixed price contracts - that’s the opposite signaling by a government that they are invested in going fast and failing early.

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2 Prototyping increases customer satisfaction

Another benefit of prototyping is that it can increase customer satisfaction by involving them in the design and testing process. Prototyping enables you to get feedback from your target audience, understand their needs and preferences, and co-create solutions that meet their expectations. Prototyping also helps you build trust and loyalty with your customers, as they can see that you are listening to their opinions and addressing their pain points. By prototyping, you can deliver solutions that are more user-friendly, relevant, and satisfying for your customers.

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Scott Kugler
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Agree again on a collaborative cost plus environment. If speed to market and price is key we will see less time in testing with customer oversight at the expense of moving out to meet shortened timelines.

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3 Prototyping enhances creativity and learning

A third benefit of prototyping is that it can enhance your creativity and learning by encouraging you to experiment and iterate. Prototyping allows you to try out different ideas, test different scenarios, and learn from your failures and successes. Prototyping also stimulates your imagination and curiosity, as you can explore new possibilities and discover new insights. By prototyping, you can foster a culture of innovation and learning in your organization, and improve your problem-solving and decision-making skills.

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4 Prototyping reduces uncertainty and risk

A fourth benefit of prototyping is that it can reduce uncertainty and risk by providing you with evidence and data. Prototyping helps you validate or invalidate your assumptions, hypotheses, and value propositions, and measure the impact and feasibility of your solution. Prototyping also helps you reduce the ambiguity and complexity of your innovation challenge, and clarify the scope and requirements of your solution. By prototyping, you can increase your confidence and credibility, and make informed and strategic choices.

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5 Prototyping improves communication and collaboration

A fifth benefit of prototyping is that it can improve your communication and collaboration by creating a common language and vision. Prototyping helps you communicate your ideas more effectively and persuasively, as you can show rather than tell what your solution is and how it works. Prototyping also helps you collaborate more efficiently and productively, as you can align your goals and expectations, and share your feedback and suggestions. By prototyping, you can foster a sense of ownership and engagement among your team members and stakeholders, and leverage their diverse skills and perspectives.

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Scott Kugler
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The other benefit is that prototypes and early units can also be used to perform interface early testing with suppliers and payload contractors - allowing early insight into full system connectivity issues that may not be uncovered until late system testing when it’s late and expensive to fix.

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6 Prototyping is fun and rewarding

A sixth benefit of prototyping is that it can be fun and rewarding by providing you with a sense of achievement and satisfaction. Prototyping allows you to express your creativity and passion, and enjoy the process of creating and testing something new. Prototyping also gives you the opportunity to learn from your mistakes and celebrate your successes, and appreciate the value and impact of your solution. By prototyping, you can experience the joy and pride of bringing your ideas to life, and making a positive difference in the world.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What are the benefits of using prototyping to reduce the risk of failure?

1

2

3

4

5

6

7

1 Prototyping saves time and money

2 Prototyping increases customer satisfaction

3 Prototyping enhances creativity and learning

4 Prototyping reduces uncertainty and risk

5 Prototyping improves communication and collaboration

6 Prototyping is fun and rewarding

7 Here’s what else to consider

Business Innovation

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What are the benefits of using prototyping to reduce the risk of failure?

1

2

3

4

5

6

7

1 Prototyping saves time and money

2 Prototyping increases customer satisfaction

3 Prototyping enhances creativity and learning

4 Prototyping reduces uncertainty and risk

5 Prototyping improves communication and collaboration

6 Prototyping is fun and rewarding

7 Here’s what else to consider

Business Innovation

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