🛠️ 'Problem Solution Fit and Product Market Fit' - MBA Department, SIT

Mangaluru, February 21, 2025: The Department of MBA at Srinivas Institute of Technology, Valachil, Mangaluru, in collaboration with the Institution’s Innovation Council (IIC), organized an enriching session on 'Problem Solution Fit and Product Market Fit'. The session was conducted by S Sadanand Poojary, Founder and Director of 'Chaitanya Investments'. The session was highly engaging and informative, introducing attendees to core concepts of Problem-Solution Fit and Product-Market Fit. The speaker emphasized how identifying the right problem and designing appropriate solutions are crucial steps in the product development lifecycle. He further elaborated on the importance of aligning products with market needs to ensure success. Participants gained practical insights into tools and techniques for achieving Problem-Solution and Product-Market Fit. The discussion covered strategies such as customer interviews, market research, prototyping, and surveys, helping attendees understand real-world applications of these concepts. The session was a great success, as evidenced by the positive feedback from participants. Attendees reported enhanced confidence in applying the acquired knowledge to real-world business challenges. The session not only deepened their understanding but also equipped them with valuable, actionable skills for product development and market alignment.