article thumbnail

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.

article thumbnail

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

ProductPlan

Yet the customer experience continually improves while KPI targets come into view. Alternatively, how can we let our current customers suffer and miss out on easy wins just to chase after something that might not even work and won’t generate meaningful revenue for years? The planning and tactics are set against that vision.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Userpilot

The Minimum Viable Product allows you to collect user feedback at the early stages of development and facilitates validated learning. MVP is a great risk reduction tool: it allows products or features to fail fast without investing in their development. An MVP is an essential part of the Agile product development process.

article thumbnail

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

ProductPlan

Yet the customer experience continually improves while KPI targets come into view. Alternatively, how can we let our current customers suffer and miss out on easy wins just to chase after something that might not even work and won’t generate meaningful revenue for years? The planning and tactics are set against that vision.

article thumbnail

11 Types of Product Managers for SaaS Companies

Userpilot

We also look at the levels of seniority among product managers as well as the skills they need to lead successful teams and build products that delight customers. TL;DR A product manager oversees the entire software product development cycle, from discovery to launch and beyond. Developing and prioritizing ideas.