Remove Development Remove Idea Management Remove Product launches Remove Strategy
article thumbnail

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. That means doing your homework regarding market intelligence, product-market fit, technical feasibility, and the like.

article thumbnail

Product Management Process: The 7 Stages Explained

Userpilot

Product managers monitor and control the product lifecycle while ensuring there is the right corporate environment for its development. Generally, the product manager is responsible for the product strategy while the project manager – for its implementation. 2: Idea management. #3:

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. That means doing your homework regarding market intelligence, product-market fit, technical feasibility, and the like.

article thumbnail

Where Do PMs Gather Their Product Ideas?

ProductPlan

Competitor profiles and deep dives for product ideas. Competitor actions should never dictate your strategy, but you need a solid handle on your competitors’ products, markets, and messaging. Suppliers typically serve multiple players in the same market, while distributors sell competitive and complimentary products.

article thumbnail

Greenfield Project

ProductPlan

The term comes from real estate, where it conveys the image of a literal green-field site for development, undisturbed by previous construction. Product managers use greenfield to describe developing a new product, as opposed to enhancing or building on an existing product. Related Terms.

article thumbnail

11 Types of Product Managers for SaaS Companies

Userpilot

TL;DR A product manager oversees the entire software product development cycle, from discovery to launch and beyond. The types of product managers differ in focus and required skills. Data product managers focus on leveraging data for product development.