The opinions expressed by the bloggers below and those providing comments are theirs alone, and do not necessarily reflect the opinions of Ryma Technology Solutions. As they say, you can't innovate without breaking a few eggs...

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SEven Pillars
Recently, someone placed the following comment on one of my blog posts. "The AIPMM Seven Phase Product Lifecycle Framework is a vendor independent Product Management and Product Marketing standard that takes into account best practices used in a wide range of companies and industries. ... The Framework includes seven distinct product phases, from Conceive to End of Life, and covers all aspects during the entire product lifecycle." I'm familiar with the Seven Phase approach of the AIPMM, and it...
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The business intent of Product Management is to increase an organization's competitive advantage through various product initiatives. Competitive advantage is defined by product differentiation and process efficiency. An XY chart displays a competitive advantage score in terms of differentiation and process efficiency.  This type of score card provides actionable information that a Product Management team can use for self-diagnostic in process improvement initiatives, and for performance co...
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A step that product management teams often skip in the innovation process is working with customers so they have an idea of what to expect in the next product release. The success of a new product release often hinges on the relationship between the product management team and the existing customers. When that relationship goes smoothly, a new product initiative does as well. There are many factors to keeping that relationship on track, but perhaps none is as important as educating the customer...
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Profits gained from product initiatives are driven by two factors: the selling price of your product, and its total cost. The difference between the selling price and its cost is profit, both of which are impacted by product management. Let's take a look at cost. How does better product management impact cost? Better product management leverages standard practices, a single source of truth, an institutionalized language, asset sharing, and collaboration to reduce costs by as much as 25% throug...
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Have you ever had an ‘A-ha’ light bulb moment? Or shouted “EUREKA!” in a moment where it seems from out-of-the blue you suddenly solve a problem you had long ago stopped thinking about? Chances are most of us has experienced this moment at least once in our lifetimes, and more than likely, we have all experienced it multiple times. Have you ever wondered how you can make these eureka moments, and the wonderful ideas that come with it, come to the surface as needed? I mean how many times have y...
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