'These Capability Assessments Help in Focused Product Development' product strategy
It’s a common concept that companies should always strive to own the critical pieces of technology that drive their success. Without that ownership, you don’t really own your unique selling proposition. In fact, you could say you are borrowing it from the technology owner who isn’t competing with you yet.
Apple has decided that competing with commodity screens, cameras, etc. takes the backseat to the experience of using iOS powered by and tuned to their proprietary processor. The power of this strategy does not go unnoticed, as we’ve seen with Google’s recent decision to release the Pixel 6 powered by their proprietary Tensor processor.
Based on this chart, you're able to make some inherent conclusions about where to spend your development effort. Ideally, your teams invest effort in Differentiators but you’ll often find that not to be the case. Visualizing use cases in this way often leads to interesting philosophical discussions about areas of focus.
Similar to the previous assessment, we can use the Performance Matrix to better understand your product and make some critical decisions. I believe all products need one feature/component in the winner category. In Google speak the Winners are your 10X’s the features you do ten times better than the competition.
Maybe your Winners aren’t Differentiators in your product strategy. This suggests a strategy pivot to better align the product story with performance. There’s lots of examples of start-ups that pivoted their business towards a Differentiator that wasn’t quite aligned to their product strategy.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Choosing Between Prototyping vs MVPs in Software Development | HackerNoonIn this blog, we shed some light on both MVPs and prototyping to help you understand their requirements and usage in the software development industry.
Read more »
The 7 Best Ruby Frameworks for Web Development in 2022 | HackerNoonWhile Ruby on Rails development services are highly demanded, there are other Ruby frameworks as well. Here are the best 7 Ruby frameworks for web development.
Read more »
How to Add Internationalisation to your Product's Notifications | HackerNoonIn this article, you’ll learn about the scope of internationalization and the tools that are available to build software with internationalization logic.
Read more »
3 Successful Examples of Using an MVP (Minimum Viable Product) | HackerNoonA concept first introduced on the Lean Startup book, MVP means minimum viable product and it is a way to get the most knowledge about the target of your project
Read more »
From Bianjie Point of View: On Helping Develop Cosmos Ecosystem | HackerNoonWe discuss how Bianjie and IRISnet have been instrumental in developing Cosmos so far, what the recent grant from the Interchain Foundation (ICF) means and more
Read more »
“Never Doubt Yourself”: #Women-In-Tech Interview with Yashu Kapila, CEO of BugRaptors | HackerNoon'“Never Doubt Yourself”: Women-In-Tech Interview with Yashu Kapila, CEO of BugRaptors' technology womenintech
Read more »