product management

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Digital Product Life Cycle Management

Digital Product Life Cycle Management: Is It Right for Your Company?

With the continual rise of innovation in digital technology, there are plenty of factors surrounding product innovation which businesses are desperately trying to adopt and implement. They are constantly looking for better and more effective ways to launch products.

According to a detailed and insightful McKinsey article, plenty of research and development teams that manufacture industrial goods and products become adversely affected by fixed or traditional factors of their approach.

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How Steve Jobs’ Product Management Took Apple to World’s Most Valuable Company

How Steve Jobs’ Product Management in the 90s took Apple from Nearly Bankrupt to World’s Most Valuable Company

A business is ultimately defined by its products and services. As such, product management is one of the crucial skills every business leader should master.  A perfect example of this is Steve Job’s brilliant product management that rewrote Apple’s fate.

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Test, Evaluate, Adjust, Repeat

Dimensions of product improvement and the product improvement cycle

While I am not a car person, per se, there are a few models that I tend to keep an eye on for what changes are made year after year, One year, there might be body styling changes, another, there might be a better engine, another year, they might have added airbags or something to that effect. The expectation has been that in a car’s first year or two in production, it still has “kinks” to get out of it before becoming what it could be.

The question begs to be asked, of course – why not keep the car the same once it has been produced? Why do engineers and other members of the product team need to continue to evaluate how the vehicle can be improved year after year?

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Test, Evaluate, Adjust, Repeat | Extraordinary Business

carDimensions of product improvement and the product improvement cycle

While I am not a car person, per se, there are a few models that I tend to keep an eye on for what changes are made year after year, One year, there might be body styling changes, another, there might be a better engine, another year, they might have added airbags or something to that effect. The expectation has been that in a car’s first year or two in production, it still has “kinks” to get out of it before becoming what it could be.
The question begs to be asked, of course – why not keep the car the same once it has been produced? Why do engineers and other members of the product team need to continue to evaluate how the vehicle can be improved year after year?
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Getting There| Extraordinary Business

Taking an Operations Management approach to build your company and avoid substandard performance.

imageIt is amazing watching the athletes perform in the 2014 winter Olympics. These amazing athletes from all over the world do things that most people could never do. You may think, in the back of your mind, that these people must put in a great deal of training in order to develop their craft.
Despite their amazing capabilities, even those that fail to medal have skills far beyond the average athlete; they are the best in the world. Through natural ability, training, great nutrition and health, they’ve earned an opportunity and the right to compete.
If an athlete just focuses on skating or skiing, but doesn’t develop the mental ability to press through, they probably won’t be as successful as one who puts more emphasis on overcoming the mental challenges.
One who eats right is probably going to be more successful than one who periodically cheats on their diet.
One who is committed to increasing strength, agility and speed will probably be more successful than one who is simply a great athlete.
You see, there isn’t a one dimensional way of making it to the top. It is a combination of training activities, diet, mental and physical strength and skill that elevates and athlete to the elite status.
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Getting There| Extraordinary Business

Taking an Operations Management approach to build your company and avoid substandard performance.

imageIt is amazing watching the athletes perform in the 2014 winter Olympics. These amazing athletes from all over the world do things that most people could never do. You may think, in the back of your mind, that these people must put in a great deal of training in order to develop their craft.

Despite their amazing capabilities, even those that fail to medal have skills far beyond the average athlete; they are the best in the world. Through natural ability, training, great nutrition and health, they’ve earned an opportunity and the right to compete.

If an athlete just focuses on skating or skiing, but doesn’t develop the mental ability to press through, they probably won’t be as successful as one who puts more emphasis on overcoming the mental challenges.

One who eats right is probably going to be more successful than one who periodically cheats on their diet.

One who is committed to increasing strength, agility and speed will probably be more successful than one who is simply a great athlete.

You see, there isn’t a one dimensional way of making it to the top. It is a combination of training activities, diet, mental and physical strength and skill that elevates and athlete to the elite status.

 [···]

Read More