Category: Product Development
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Top 7 Prioritization Frameworks for Product Development
Below is a comprehensive overview of seven widely used product‑development prioritization frameworks, covering their origins, domains of applicability, step‑by‑step methods, illustrative examples, and key considerations. RICE Scoring (Reach, Impact, Confidence, Effort) Origin and Domain The RICE framework was developed by Sean McBride at Intercom to bring data‑driven rigor to feature prioritization in product management. It’s widely…
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Main Factors of Product Management: Essential Strategies and Must-Read Books
Product Management is an interdisciplinary field blending innovation, user-centric design, effective execution, data-driven decision making, and growth strategies. Whether you’re a novice learning the ropes or a seasoned PM looking to refine your skills, there is a wealth of literature available to guide every stage of the process. This article synthesizes the core factors of…
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How to Build a Winning Strategy with the Business Model Canvas
Key Points Introduction to the Business Model Canvas The Business Model Canvas (BMC) is a one-page visual chart that helps entrepreneurs and businesses map out their strategy. It’s particularly useful for startups to design new models and for established companies to innovate. Created by Alexander Osterwalder, it gained popularity through his 2010 book Business Model…
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Design Thinking: A Human-Centered Approach to Innovation
Introduction In today’s fast-paced, complex world, innovation is more crucial than ever. Companies and organizations across industries are striving to create products, services, and experiences that not only meet functional requirements but also delight users. One of the most effective approaches to problem-solving and innovation is Design Thinking—a human-centered, iterative process that fosters creativity, collaboration,…
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The Top Deliverables of Product Managers
Mastering the craft of product management is no easy task. Much of the literature that defines the role as the intersection of business, technology, and user experience isn’t particularly helpful for practitioners who are left wondering what skills they need to learn versus the fine people they work closely with in actual business, technology, and…