What is the discovery-iterative pivot process

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Assignment:

Can someone help explain what is the discovery-iterative pivot process in innovation management? My understanding based on my research is that it involves searching the market for ideas on product development. The ideas that are good are refine based on repeated customer feedback are released incrementally and quickly. It is also a continuous optimization process of product development.

Any clarification or additional information will be helpful. Please cite sources if utilizes any outside resource.

Reference no: EM133487610

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