Software product development is the process of designing, creating and marketing new products or services for clients. The process involves a series of systemic steps required in development of a new software product. Basically, it is a framework or structure followed by a development team within a software organization. This well-defined process improves the quality…
Great Video: The Paradox of Choice
This talk by Barry Schwartz illustrates a number of great examples of how the limitless choices we have in modern society can have negative effects on our lives. Paradoxically, having so many choices produces paralysis, rather than liberation. For example, research among mutual fund retirement plans found that the more choices one was offered, the…
The Extensive Guide to Product Design and Develpoment
Simply put, product development strategy is the creation of a new product to introduce into the market. The design and development phases collect technologies, materials, ideas and methods to define the product and how to manufacture the product. In structural engineering applications, product design and development is the process of designing and creating a new…
This Week in Product Management
In this week’s best in product management, we look at the importance of agility, the must have attributes of amazing product managers, and even a product management blueprint. 1. Product Management Rule #30: Agility is Key to Product Management Success In this article by Matthew Bookspan, he looks at the overarching elements for ensuring success.…
7 Tips for a Striking Product Vision
Every product has a vision behind it, but not every vision is articulated in such a way that is inspiring and striking to those involved. Striking product vision is a key factor in ensuring that your business is profitable. Here are seven great and easy-to-implement ways to create and articulate a clear and defined product…
This Week’s News in Product Management
This week’s best in PM take a look at pros and cons of product management, some curses and benefits of forward thinking nad design thinking as well. 1. The Pros and Cons of Product Management Dan Schmidt’s article outlines the pros and cons of the PM role for those who are evaluating options in adjacent…
The Expert’s Guide to Lean Supply Chain Management
Lean supply chain management is one of the new concepts in business that has not been fully utilized by many companies. It is important to note this concept is not only meant for companies, which manufacture products. The concept is meant for all businesses that are after streamlining their processes through elimination of non-value adding…