//Instantly AI
Definition
The term problem-solution fit refers to the match between a proposed solution and the problem or an unmet need it is trying to address. Problem-solution fit precedes product-market fit.
The first indication of whether an idea will be successful is typically based on finding a problem-solution fit. To decide whether there is a fit there must be clear evidence that a problem exists and a high probability that the solution will solve it better than existing ones.
This is usually done by identifying and interviewing a potential target user or customer with a problem or need. Once the problem has been validated, the solution can be defined or adapted.
The solution can then be validated through validation interviews or experiments.
An often-used tool for capturing problem-solution fit is the value proposition canvas.
A corporate entrepreneur is a person that works on developing new ideas and innovation projects inside an existing organisation. They may be working with the explicit backing of management but also happen to work under the radar. A similar term, “intrapreneur”, is used interchangeably with corporate…
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