To Fund or Not to Fund: 5 Helpful Questions to Ask About a Struggling Product Line
In the lifecycle of any product portfolio, there comes a time when certain products underperform, leaving decision-makers with a difficult question: Should you continue to fund or phase them out? Underperforming product lines can drag down your portfolio's overall performance, siphon resources, and reduce profitability. Yet, there's also the potential that, with the right adjustments, these products could regain their footing. So, how do your product teams make this decision?
Say Hello to the Product Lifecycle Roadmap
Does this sound familiar? Your team rolls out a plan for a software update, only to find it includes discontinued products or features that aren't launch-ready. Even well-aligned teams can struggle when vital lifecycle details are hidden away in their product management tools. Miscommunication happens—especially when product data isn't easily accessible to everyone who needs it.
How Electronics Companies Can Speed Time-to-Market with Strategic Roadmap Planning
Reducing time-to-market is a primary focus for electronic companies. Balancing the launch of innovative physical models on realistic but competitive timelines while continuously providing customers with new software features is not easy. Decreasing time-to-market runways requires more than bold declarations and shared targets. That's where strategic roadmapping and product roadmap software helps.
Overcoming Common Hurdles in Heavy Equipment Product Development
Manufacturing heavy equipment requires the careful coordination of many dynamic parts. Not only do the hardware and mechanical components need to integrate seamlessly with software programming, but both parts must line up in the development schedule. Assuming the product comes together without issues, it must also satisfy the customer, delivering value in both expected and unexpected ways.
New Product Introductions (NPIs): How to Accelerate Time-to-Market with Dynamic Roadmaps
The ability to introduce new products and introduce them to the market quickly creates a significant competitive advantage. However, accelerating time-to-market requires more than just speed; it demands precision, clarity, and the ability to adapt to changing circumstances. Dynamic product roadmaps are a powerful tool for achieving these goals, enabling product teams to streamline their processes, prioritize effectively, and maintain transparency throughout the product development cycle.
Agile Leadership in Product Management: Inspiring a Culture of Experimentation and Adaptability
The world of product development is competitive. Because of this, many companies have aligned their operations with Agile principles or a hybrid version. Agile leadership isn't just a nice-to-have for companies seeking to lead their industries—it's a must. While Agile leaders thrive on experimentation and adaptability, which are crucial for success, they must also inspire their teams to keep the organization aligned.
Introducing Interval Roadmaps: Product Roadmap Innovation at Your Fingertips
Our new Interval Roadmap converts our dashboards into a streamlined vertical roll-up, clearly displaying product plans by time intervals.
Now, your product management teams can easily understand and monitor their development plans by month, quarter or year, over a 1-, 3-, or 5-year timeframe.
Product Roadmapping and the Impact of Additive Manufacturing
Technology and methodologies may evolve, but one aspect of product development doesn’t change and that is the drive to build amazing products that change consumers lives. How companies get from the idea stage to putting their product in the lives of their customers is subject to constant change.
The Best Roadmapping Tool for Platform Organizations
With platform organizations, having a clear and cohesive strategy is paramount for success. Navigating complex product configurations, aligning cross-functional teams, and maintaining transparency across diverse stakeholders can be challenging. This is where roadmapping software for complex products come into play.
The Best Product Roadmap Software by Industry
Clear and effective product roadmaps are crucial for success across all industries, especially in highly competitive markets. Whether you are developing software, manufacturing physical goods, or creating cyber-physical products, choosing the right roadmap software can streamline your processes, enhance collaboration, and ensure that your strategic vision is effectively communicated and executed.
Integrating Design Thinking into Agile Product Roadmapping for Better Products
Staying competitive in product development requires out-of-the-box thinking. Having creative leaders in the company can lead to innovative thinking, while the methodologies and frameworks also help facilitate the other side of creativity. Combining methods from different disciplines can yield powerful results and spark new results from your teams.
Managing Scope Creep and Change Requests in Agile Product Roadmaps
Even the best-defined product plans are at risk of a landslide of suggested additions or changes to the scope. When you have a group of talented, innovative designers, engineers, and customer-focused teams involved, brilliant ideas happen at all times. In some cases, a requested change to the product due to a new idea can be the key to that product’s success, while at other times, these suggestions creep in to alter the scope and distract from the true goal.