Quick time to market is an indispensable strategy in today’s intensively competitive business world. Generally companies rely on the introduction of new products to help drive revenue and earnings growth. Focusing on time to market enhances the company’s capability to quickly devise, launch, optimize and retire products and services. TTM is highly important in industries…
How Product Managers Can Pass on Their Problems
Pushing problems off to the side might make them go away for now, but they’ll quickly pile up and derail your project. Effective product management requires strong communication skills and the leadership ability to deal with problems before they get out of control.
How to Get Customer Approval with a Limited Budget
Any organization, be it small or large has its major growth dependent upon the customers. This customer-company relationship is an indispensable and most important relationship for any business. If you want have your stake in the market, it is essential that most of the proportion of population is under influence and spell of your product.…
The Benefits of a Product Vision Board
A product vision board is ideal for a wide diversity of purposes. Organizations that use them are normally familiar with many of the different benefits that comes from implementing these types of processes and procedures into their operations. The Benefits of a Product Vision Board Helps to Provide a Guide for Product Managers Typically, a…
This Week’s Best Reads in Product Management
This week’s best in product management offers up a number of articles that let us look at the best in onboarding strategy, while outlining a product management onboarding plan, and even an opportunity to predict our customer’s future behavior. 1. Product Management vs. Product Marketing – 2 Departments or 1? This article by Michael Schrivathsan…
Dilbert for Product Managers: User Won’t Give Requirements
Despite what the boss in this cartoon says, jumping into a project right away isn’t the best way to get results. The most effective projects start with meticulous planning and a careful consideration of the user’s needs. If you don’t know what the user’s needs are, then it’s your job to figure them out.
Perfecting a New Product Development Process
A new product development process is a cycle that every new product has to undergo from its conceptualization to its final introduction to the market. 7 Steps to Perfecting a New Product Development Process Idea generation Idea generation is the first step and it involves gathering of ideas to be evaluated as possible new product…