PRODUCT COACHING

Giving a Speech

PRODUCT OWNERSHIP PRACTICES

Project Management to Product Development

HOW TO DEFINE A PRODUCT?

  • A solution or a service that delivers a value to customer's advantage.

  • The benefit is optimized via business or technical or by both business and technical context

WHAT IS A PRODUCT ROADMAP?

  • Product roadmap is a visual flow of vision, direction, priorities, short-term and long-term goals, alignment with business values between leaders and with integrated dependency teams including internal and external

WHO ARE PRODUCT TEAM MEMBERS?

  • A dedicated team of business and technology experts who work in an agile mindset and self-organization concepts to deliver incremental value quickly

PRODUCT AGILITY FLOW

SENSE

IDEATE

DECIDE

TEST

SCALE

PROTOTYPE

HOW TO CAPTURE AN IDEA?

Use this syntax to define an idea: 

For...

Who...

The...

Is an...

That...

Unlike...

Our solution ...

KEY CRITERIA'S TO CAPTURE AN OBJECTIVE

The problem statement

Objective in detail

Priority (High, Medium or Low)

Size (Small, Medium, Larger or Extra Large)

Primary Business Value

Secondary Business Value

Audience

Outcome 

Definition of Done

Dependencies

Timeframe

Milestones

Risks

User Feedback so far...

In a Meeting

PLANNING CYCLE

YEARLY

QUARTERLY

CONTINUOUSLY

ITERATIVELY

Planning Cycle - Strategic Planning, Decision Making, Set Expectations and New Product Innovation Initiatives:

 

  1. Fiscal Year Planning 

    • Fiscal Year Goals Setup

  2. Quarterly Planning

    • Identifications of Risks and Opportunities 

  3. Continuous Planning with Leaders

    • Monthly Sync/ Update to Leadership 

  4. One or Two or Three Weeks Iteration Planning 

    • Sprint Planning / Team Planning

 

 

Planning Process:

 

The planning process is a collaborative effort across the organization. High-level details, estimates, and cross-functional team plans are drafted and reviewed with Management. 

 

This process combines both internal and external perspectives, including financial planning and forecasting, operations timelines, team commitments and vendor & supplier commitments. 

Our Goals and Objectives: 

Organize teams, projects, products, services, solutions and portfolio’s with minimal negative impact to business, and influence change wherever is possible

All initiatives/ideas are divided into three categories:

  • Improve (Maintain Existing Business) - Improve business analytics, tech-enabled research, standardized learning plans & simplified best practices 

  • Grow (Proactive Planning for Growth Opportunities) - Scale systems that enable faster connections and signals of changing market landscape, and build a scenario driven analytical models (explain what might happen in the future)

  • Create (New Development) - Develop turnkey data & analytics solutions and apply science based methods to assessments, validations, measures and impact

PLANNING RECOMMENDATIONS

Collaborating

PRODUCT OWNERSHIP

ROLES & RESPONSIBILITIES

Product Ownership Roles & Responsibilities: 

Build vision, roadmap, backlog, planning, guide development teams, approve stories, test, release and measure outcome.

Colleagues at Work

Product Development Roles & Responsibilities

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