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Extensive Lean Product Development Process Overview

Lean product development refers to a lean approach that meet the dynamics and challenges of product development process notably: High development costs Need for innovative solutions Many redevelopment cycles High production costs Long production cycle Toyota Company began their journey with this process at Toyoda Loom Works. Toyota understood that in order to build a […]

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Infographic: The Value of Product Management

By: Mark @Spectechular Silver Product Management is a core marketing function that provides substantial value to a business, as they drive the product development process in businesses of any size. Product Managers serve as vital leaders as well as intermediaries in the process, serving a variety of internal and external parties as the reference for product strategy and […]

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3 Different Types of Product Managers- Which are You?

By: Mark @Spectechular Silver Product managers come from a range of different backgrounds, each carrying its own set of experiences and leadership tools. A study by Mind the Product found that 40% of product managers had a degree in science or engineering, while 34% pursued a degree in business and 26% in the arts. There are a variety […]

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The Complete Product Development Stages Guide

For any product to be successful in the market it must follow proper product development stages. Whether it is a tangible or intangible product, there must be steps or guidelines to be followed to ensure its quality and success. A lot of hard work and lobbying from all players and this is where synergy is […]

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This Week’s Best Articles in Product Management

By: Mark @Spectechular Silver This week’s best in product management discusses the mobile revolution, the rise of product management and even takes a look at Silicon Valley. 1. Bringing MVP Culture to Every Product Feature Diego Pereira takes on lean product management, lean startup, and the MVP (minimally viable feature). This article tackles some of the most critical […]

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Great Infographic: The Pentuple Personality Of A Product Manager

There are five main personalities of a product manager: the psychoanalyst, the nerd, the strategist, the passionate and the evangelist, with each being able to be explained with an accompanying quote. Evangelist: “Strength does not come from physical capacity. It comes from an indomitable will.” These individuals are natural and tireless for their products and […]

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Developing New Product Ideas

People often assume that new product ideas automatically translate into great products. Be it minor modifications to an existing product or entirely new product ideas. Basically, a product requires to be sold well in order for it to succeed well. Here are some of the basics that can assist you sell a new product idea. […]

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The Top 3 Challenges That B2B Product Managers Face

By: Mark @Spectechular Silver Strategic Product Management is about creating organizational relationships and information flow. The goal is to allow the implementation teams to execute product and company strategies. As in any profession, product managers face a series of challenges. Below, I’ll briefly look at some of the top 3 challenges product managers face in the […]

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Infographic: Everyone makes more in Silicon Valley

By: Mark @Spectechular Silver Whether you are a software engineer or a marketing manager, one truth remains; you can earn more in Silicon Valley than you would elsewhere. There are currently around 48,000 jobs at Internet companies in the Valley and unemployment is down considerably year after year. For example, the national median salary for marketing […]

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Creating a Product Requirements Document

Creating a good product requirements document (PRD) is a crucial part of launching a successful new product. The PRD outlines what is expected of the product. Any omissions or vagueness in the PRD will translate into a product that comes short of its goals. Creating a Product Requirements Document The purpose of the PRD is […]

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