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Why is Idea Management Important?

ProductPlan

For this reason, product teams need to develop a process for idea management. The two biggest challenges for idea management are efficiently and consistently recording and organizing ideas followed by actually making good use of them. Here are four good reasons to take idea management seriously.

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How We’re Turning Feedback into Strategic Product Decisions

ProductPlan

There is no shortage of product ideas. Customer feedback, feature requests, and new ideas born from your interpretation of your product strategy—can all be the starting point for your company’s next great opportunity. And it is a problem without a great solution. Repurposed existing solutions. You know them well.

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Minimum Viable Product vs Minimum Marketable Product: What’s The Difference?

Userpilot

Are you wondering about the difference between the Minimum Viable Product vs Minimum Marketable Product? Would you like to know what role each of them plays in the product management process and how to build them? A Minimum Viable Product (MVP) is a version of the product with minimal features, built to validate product ideas.

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Product Management Process: The 7 Stages Explained

Userpilot

The product management life cycle consists of seven main stages: You start with Market Research to assess the external business environment and identify the needs of the users. During the Idea Management stage, continue with need discovery and start brainstorming solutions. What is product management?

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How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

That means doing your homework regarding market intelligence, product-market fit, technical feasibility, and the like. Idea management Since your business worries about the short-term and the big picture, there are more ideas than ever to consider. So you want to make those chances count.

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5 Best Practices for Gathering Customer Feedback in 2018

Pragmatic Marketing

This was the subject line of an email I recently received from an account manager at a financial management software vendor. Even though it was frustrating, I understood why the software vendor was trying to gather customer feedback—to help with 2018 planning. So we use our own ideas portal for this.

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How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

That means doing your homework regarding market intelligence, product-market fit, technical feasibility, and the like. Idea management Since your business worries about the short-term and the big picture, there are more ideas than ever to consider. So you want to make those chances count.