Product Development Insights
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1. Successful product development requires identifying customer needs and preferences to create products with appealing attributes at affordable prices. 2. Products must have distinguishing features or they will not last long on the market. 3. Involving sensory evaluators early in the development process allows products to be iteratively designed to incorporate improvements.
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This is been built on the basis on my readings and finding of Product Management with 6 years of experience practicing in mid size and start ups
All content are not mine and have been inspired and taken from other posts in the social world.
What Is A Product Manager? | The Quick Guide To Product Management
This document provides an overview of the product manager role. It discusses how product managers are multidisciplinary, strategic, persistent, and collaborative. Their key responsibilities include setting a product vision, managing ideas and feedback, planning and prioritizing, building a product roadmap, leading product execution, shipping the product, getting feedback and shipping more. Product managers often have experience in product marketing, UX design, software development or other disciplines. They are naturally curious, good at managing people, creative, humble, inquisitive, big picture thinkers, practical, and very organized. The role attracts people from diverse backgrounds.
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Recommended
Who is a product manager
This is my deck on Who a product manager is.
This is been built on the basis on my readings and finding of Product Management with 6 years of experience practicing in mid size and start ups
All content are not mine and have been inspired and taken from other posts in the social world.
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The Product Mentor is a program designed to pair Product Mentors and Mentees from around the World, across all industries, from start-up to enterprise, guided by the fundamental goals…Better Decisions. Better Products. Better Product People.
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Slides Marc Wendell recently used in his discussion w/ mentees of The Product Mentor.
The Product Mentor is a program designed to pair Product Mentors and Mentees from around the World, across all industries, from start-up to enterprise, guided by the fundamental goals…Better Decisions. Better Products. Better Product People.
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Before launching an product/service an company must consider some of the aspects to make successful entry or to win over the market.
here in this presentation some of those are discussed.
prepared for educational use by team of DSCE 2014
source: GOOGLE
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Product management boils down to owning the vision, design, and execution for your product. This presentation walks you through the roles and responsibilities of product managers and attributes of the most successful product folks.
Enjoyed this presentation? Subscribe to my weekly essays at http://www.sachinrekhi.com
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The document provides 10 golden rules for new project managers. Rule 1 emphasizes developing a strong business case with high-level support and measurable benefits. Rule 2 is to define critical success factors for the project that are measurable. Rule 3 stresses the importance of creating a good project plan with milestones, timelines, resources, and contingency. Rule 4 advises managing expectations by breaking projects into smaller chunks and delivering frequently. Rules 5-7 cover keeping the team motivated, communicating clearly, and learning to say "no". Rules 8-9 warn against scope creep and identify risks and mitigation plans. Rule 10 is about properly closing the project by getting sign-off and feedback. Following these 10 rules can help a project manager survive by avoiding
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Holly Green, Contributor
Original Source
Everyone knows that innovation means coming up with the next great idea in your
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2. Innovation is a random process.
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Answers:
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managed. If left to chance, it won’t happen.
3. False. Everyone has the power to innovate by letting their brain wander, explore,
connect, and see the world differently. The problem is that we’re all running so fast that
we fail to make time for the activities that allow our brains to see patterns and make
connections. Such as pausing and wondering….what if?
4. False. In most organizations, the biggest obstacle to innovation is what people
already know to be true about their customers, markets, and business. Whenever you’re
absolutely, positively sure you’re right, any chance at meaningful innovation goes out
the window.
https://www.forbes.com/sites/work-in-progress/2011/12/06/test-your-innovation-iq/#3133e7f0395b
5. False. It’s certainly important to bring new products and services to market. But the
most important form of innovation, and the #1 challenge for today’s business leaders
may really be reinventing the way we manage ourselves and our companies.
6. False. New ideas are a dime a dozen. The hard part is turning those ideas into new
products and services that customers value and are willing to pay for -- a process that
requires knowledge about what your customers want and need, coupled with
implementation.
7. True. Ask a question and the brain responds instinctually to get closure. The key with
innovation is to ask questions that open people to possibilities, new ways of looking at
the same data, and new interpre.
Introducing new market offering
New products often fail due to misinterpreted market research, overestimated demand, high development costs, poor design, incorrect positioning, insufficient support, and strong competitive responses. Failure rates for new products are estimated between 50-95% in the US and 90% in Europe. While failure is common, truly innovative companies accept it as inevitable for success. Initial failures may lead to later successes if companies identify new uses for failed products. Managing the entire new product development process from idea generation to commercialization is important to improve success rates.
Taking In-House Product to Market
Exploring how to take a product that been built for internal use by a company to market. Starting with why it could / should be done, discussing the stages in which this can be done, specific tasks for a Product Manager and finally various tasks for various team.
Course report on becoming a product manager
The document summarizes a course titled "Become a Product Manager" that teaches the key skills and responsibilities of a product manager. It covers the main topics in the course, including idea management, product specification, roadmapping, prioritization, delivery, analytics, experimentation, and customer feedback. The course aims to help students understand the product management process and how to successfully bring products to market. It had over 13 hours of video content from expert instructors and provided certificates of completion upon finishing.
7 Questions to Ask Your Prospective Outsourced Product Development Vendor
This SlideShare on `7 Questions to Ask Your Prospective Outsourced Product Development Vendor' will help you narrow down your choices for selecting the best outsourcing partner for your product development
Outcome Engineering 101: Five Guidelines to Delivering Products that Create I...
Outcome engineering is a creative process that marries technological perspective with design thinking to ensure products deliver desired business outcomes. The document provides 5 guidelines for outcome-oriented product development: 1) Reframe how designers and engineers work together from the start, 2) Make innovation practical through user empathy, 3) Iteratively improve products through small changes, 4) Validate ideas quickly with prototyping, and 5) Motivate teams through gamification by tying rewards to impact. The goal is to anticipate customer needs, bring out the best in design and technology, and continually refine products through testing to gain a competitive edge.
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