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Product Success Drivers Quadrant


              1. Product Strategy                                       2. Portfolio Management
 Clearly Defined Product Development Goals                    Balance (High/Low Risk, New Products vs. Enhancements)
 Alignment of Product Goals & Business Objectives             Rigorous Prioritization Based on Set Criteria & Scorecards
 Long Term Commitment to Strategic Focus Areas                Resources (# projects matches available resources)
 Product Roadmaps Used to Chart L/T Initiatives               Solid Project Selection Decisions by Senior Management
 Market Entry Strategy (innovator, low-cost, niche, etc)      Proper Allocation of Resources Based on Project Value




       3. People, Skills, & Discipline                           4. Product Development Process
 Senior Management Committed to Product Development           Flexible, Documented Product Development Procedures

 Business Culture Supports Entrepreneurship & Innovation      Defined Process Stages and Deliverables

 Staff Have Required Market Assessment & Technical Skills     Decision Check-Points to Determine Product Go/No-Go

 Product Development Process is Adhered To Diligently         Customer Focused Market Research to Identify Needs

 Senior Manager Trained on Go/No-Go Decision-Making           Process Metrics (On-Time Deliverables & Launch, Sales)

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Product Success Drivers Quadrant

  • 1. Product Success Drivers Quadrant 1. Product Strategy 2. Portfolio Management  Clearly Defined Product Development Goals  Balance (High/Low Risk, New Products vs. Enhancements)  Alignment of Product Goals & Business Objectives  Rigorous Prioritization Based on Set Criteria & Scorecards  Long Term Commitment to Strategic Focus Areas  Resources (# projects matches available resources)  Product Roadmaps Used to Chart L/T Initiatives  Solid Project Selection Decisions by Senior Management  Market Entry Strategy (innovator, low-cost, niche, etc)  Proper Allocation of Resources Based on Project Value 3. People, Skills, & Discipline 4. Product Development Process  Senior Management Committed to Product Development  Flexible, Documented Product Development Procedures  Business Culture Supports Entrepreneurship & Innovation  Defined Process Stages and Deliverables  Staff Have Required Market Assessment & Technical Skills  Decision Check-Points to Determine Product Go/No-Go  Product Development Process is Adhered To Diligently  Customer Focused Market Research to Identify Needs  Senior Manager Trained on Go/No-Go Decision-Making  Process Metrics (On-Time Deliverables & Launch, Sales)