If you haven't already noticed, the product industry is heating up. Average salary for Product Managers has risen steadily to around 32 Lakhs per annum, while CPOs (Chief Product Officers) command salaries in crores along with CTOs and CEOs.
This trend highlights the increasing demand for qualified product professionals. But, are you qualified to take advantage of this market opportunity?
Institute of Product Leadership Executive MBA is designed exclusively for product professionals and offers the best route to transition from your current role to a Product Leader. Schedule a counselling session with our senior guidance counsellor. Please feel free to reach me with any questions.
3rd May 2016 From India, Bengaluru
• A product roadmap helps organizations make the right strategic product decisions regarding direction and determining requisite changes to the plan.
• A product roadmap defines what all features the product would support and plans to support on future dates where as technology road map defines the technology investment that a company would do in order to meet the product roadmap's goal.
• Product roadmap is a feature that companies decides based on the expertise they have within the company however when while deciding on technology road map people revert to the following approaches.
• A product roadmap is a great confidence building measure, for you as an entrepreneur, as you can finally see your vision taking shape.
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4th May 2016 From India, Bengaluru
•Globally, companies are facing many problems.
•Products are becoming more complicated and customized.
•Product time to market is shrinking. Product life is shortening.
A short-term focus is reducing investment funding. There is increased competition. Cut-backs are occurring because of increased competition. These problems require companies to be more focused and better understand both their industry and markets. Technology roadmapping, a form of technology planning, can help deal with this increasingly competitive environment. While it has been used by some companies and industries, the focus has always been on the technology roadmap as a product, not on the process.
We offer Executive MBA in Product Leadership, to learn more about the program, click the link : Executive MBA, Study EMBA in Bangalore India, MBA PRODUCT LEADERSHIP
2nd June 2016 From India, Bengaluru
When Product Management teams share the product roadmap proactively with customers, this results in several benefits to their company, here are some of the key benefits why we should be loving product roadmaps:
1. Help staying in-sync with customers:
Sharing your product roadmap with customers enables them to give you feedback on the planned features. They often suggest ways you can refine the planned features to better meet their needs.
2. Gaining an edge over competition:
If your customers are already talking with competition in the market and checking out other products, they may be hearing and seeing features and functions that may be lacking in your product. Though you are in a process to create or add something amazing; however, if your customers are not aware of what you have cooking, they may think that the competitor can better meet their needs.
3. Enhancement Requests possible:
Customers are much more apt to send you enhancement requests if you share the roadmap with them. This would only be possible if you make it easy for customers to submit enhancement requests right when they are viewing the roadmap.
4. Being future ready:
Most of your prospective customers will evaluate other products in addition to yours. If you share your Product Roadmap with your customers, they will know that you are future ready and willing to meet their demands. It also shows that you are thought leaders and pioneers in your field.
5. Avoiding Relationship Plateau:
Every relationship hits a plateau, even in business, and via sharing the product roadmap you will ensure that things are always new and exciting.
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3rd June 2016 From India, Bengaluru