From Struggle to Strategy: How Module-Level Product Management Strengthens Product Strategy
Managing products at the module level presents a unique set of challenges that require careful navigation and strategic planning. One of the top challenges lies in coordinating the production of modules, ensuring they meet quality standards, pricing objectives, and delivery timelines.
The Ultimate Guide to the Evolution of Agile Product Roadmapping in Manufacturing
The manufacturing process is complex in scope, strategy, and systems. While innovation can transform every process step from the manufacturing floor to the products themselves, it also adds to the complexity of physical product development. Products require the involvement of more stakeholders than before, bringing together many different opinions, timelines, roadmaps, and requirements.
Top Trends to Consider in Agile Product Manufacturing
The nature of a trend is that it's new, novel, and promoted across the industry, but is it worth implementing? The vast range of product complexity in manufacturing means that no two organizations will adopt the same process. Evaluating each trend and considering whether it's worthwhile for your company to test or ignore is important. Let's discuss some of the current trends in Agile product development for manufacturers of physical goods and whether they're worth considering for your teams.
3 Best Practices for Manufacturers Adapting to Agile Product Development
Agile product development may have originated in the software world, accelerating the speed at which digital products are developed, tested, launched, and improved, but this doesn't mean that Agile only works for software products. Many manufacturers have adopted agile methods or a hybrid approach for developing complex cyber-physical goods, with Tesla leading the way as an innovative and pioneering company.
Why it Pays to Track Customer Feedback in the Product Roadmap
Ideas for new products or product improvements come from a variety of sources. Sometimes, they result from a stroke of genius, while other times, it’s the reaction to market changes or competition changes. Other inspiration for product improvements comes directly from the customer. When the end-user of your product tells you how they would like to see the product improved or enhanced, and you follow through to deliver on that feedback, you’ll have an advantage at keeping loyal customers and growing your market share.
Physical Product Development 101: How to Design, Develop, and Manage Successful Products
Designing physical products is a thrilling experience, from sharing the initial concept with your team to watching the product take shape during manufacturing and finally having a positive impact on the customer's everyday life. Making physical products is also a lengthy and detailed process. Product managers must collaborate with market experts, engineers, designers, manufacturers, and many more stakeholders to see the product successfully through the launch. Physical product creation relies on experts, materials, technology, and artistry to come to life. Here’s what you should know about physical product development.
How the WSJF Formula Gives Your Product Teams Clarity
Leading product executives know that building great products is both an art and a science. Even if they don't directly participate in the product development process, most product executives are well acquainted with the challenges of managing a portfolio of products. While creativity and outside-the-box thinking are encouraged, prioritization frameworks are also necessary for consistency and alignment.
Just Released: Prioritizing Voice of the Customer Using Capability Scores
Your product teams consist of talented and capable individuals who are dedicated to creating amazing products. Their skills make it possible to produce and launch established models while generating consistent suggestions to improve future iterations.
Why Your Teams Should Build a Minimum Viable Product (MVP)
The manufacturing world is experiencing transformation, with an increasing number of companies adopting agile manufacturing practices. Adopting an agile framework requires a shift from creating fully-fledged prototypes for a specific stage of extensive testing to developing and continuously testing minimum-viable products (MVPs) instead.
Three Agile Metrics to Track and Measure: Outcomes, Flow & Competency
Every organization needs to decide which metrics they will track and measure. These metrics are indicators of your company's internal health, the performance of your products on the market, and the efficiency of your processes. Without tracking, measuring, and analyzing these figures, there is no definitive way to show success, find improvement opportunities, or learn from mistakes.
Does Set-Based Design Lead to Better Products?
Every product development team wants to create the best product possible. It’s easy to generate and collect great ideas. Still, it’s more challenging to explore the best options, let alone decide on the winning version that will please the customer and be commercially viable. Scoring methods can help sift through a long list of ideas, but how does the product team choose which ones to develop? One strategy that product management teams can use is Set-Based Design (SBD).
7 Ways to Deliver Value During a Product Critique Workshop
It takes a lot more than sheer luck to create a product that flies off the shelf or the lot. There is an extensive team of developers, engineers, designers, marketers, and managers behind that product. Delivering a great concept from the idea phase to successful sales requires coordination, collaboration, thorough testing, and refining. Product critiques play an integral part in the testing and refining process. Gathering a range of feedback before the final version launches leads to greater product success.