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Why is Idea Management Important?

ProductPlan

But coming up with ideas is the easy part. 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. Ideas are fleeting.

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Centralized vs Decentralized Idea Management

ProductPlan

But if you aren’t careful, that steady stream of ideas can quickly become a flood that inundates your team and makes it impossible to get anything done. Without idea management , you’ll quickly find that you spend more time wading through ideas than creating a winning product. Who does it? What do they use?

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Feature prioritization in product management: the key to building products that sell

Product Management Unpacked

There are many methodologies for feature prioritization in product management. If you are a product manager dealing with this, beware that one size doesn’t fit all. Choosing the right feature for the stage of development your product is in can unlock enhanced market performance. .

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How We’re Turning Feedback into Strategic Product Decisions

ProductPlan

It’s the cluttered spreadsheet of ideas that was created years ago by someone who no longer works at your company. It is great if you like your ideas repository like you like your volcanoes—explosive, violent, and wholly unmanageable if caught in the vicinity of its spew. An idea alone does not solve a problem.

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Top Product Roadmap Tools for 2021: These will help you get things done

NextBigWhat

Product roadmap tools enable companies to manage their products, evaluate their life cycles as well as communicate the product’s goals and progress to their team members and management. They tend to provide an overview of the different phases of a product getting developed.

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

ProductPlan

Big bets have big payoffs, but there’s a reason it’s called gambling In the venture capital world, the prevailing strategy is to invest in multiple companies knowing that many will fail. But your company isn’t a VC, even if some back it. Taking a bifurcated approach to product development and innovation is more vital than ever.

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Idea Backlog

ProductPlan

What is an Idea Backlog? In product management , an idea backlog is a list of ideas that need more discussion or vetting before the company can decide whether to move forward with them. If you see a product feature or other type of item on an idea backlog, you can assume the following.