Home > Dictionary > Minimum Viable Product

Define: "Minimum Viable Product" in Business

The corporate definition of Minimum Viable Product
Fiscal Threat Level
HIGH

Multi-headcount capital waste

CWO Pro-Tip

"A half-baked solution that will be pushed to production permanently. Code it poorly so they have to fix it."

What HR thinks it means:

A product with just enough features to satisfy early customers and provide feedback.

What does "Minimum Viable Product" actually mean?

"A half-finished, bug-riddled mess that management is forcing us to push to production."

How HR uses it:

"The development team is focused solely on delivering the minimum viable product by Friday."

How you actually use it:

"We launched the Minimum Viable Product to the client, effectively using paying customers as our only quality assurance team."

The Chief Waste Officer

By The Chief Waste Officer

18 years in the corporate trenches quantifying waste so you don't have to.

Published: 2026-03-01

Related Terminology

Tired of hearing this?

Next time someone says "Minimum Viable Product" in a meeting, track exactly how much company money they just wasted. Play Buzzword Bingo, generate a waste invoice, and stop the bleeding.

Download Corporate Burn Rate on Google Play to track wasted meeting costs