Practical sheet | REF: FIC1477 V1

Understanding frugal innovation strategies

Author: Chloé LECOMTE

Publication date: May 10, 2015 | Lire en français

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3. Define just-sufficient

Once user needs and available resources have been identified, it is necessary to strike a balance between the realization of these needs (in terms of functionality) and the associated cost (production cost, but also throughout the life cycle). Numerous tools exist to guide choices towards value maximization, and are useful for frugal innovation (cf. Functional analysis [FIC 0252] , Value analysis

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