When your MVP becomes a liability

Becoming the first to incorporate a new and hot technology can be a big boon to business -- but investments in novel technologies can also turn out to be an unwise use of funds. Contributed by Jeff Bzdawka, CEO, Knowland Group, Arlington, Virginia If you’ve worked in obtaining technology for your hotel in the past 10 years or more, you may have come across the concept of the MVP. No, we aren’t talking about the next best sports star. In this instance, an MVP is a Minimum Viable Product. Let’s consider this term from the position of acquiring new technology.…
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