
With customer interactions and needs changing constantly and rapidly, to be successful it has become essential that product managers and product marketing managers embrace “agile” in everything they do.
By Agile, we mean that we must continually define, implement and validate throughout the product lifecycle.
Just as in agile software development, with agile collaboration, we embrace and apply the same principles and techniques to each step of our work–from innovation to management to end of life.
In an Agile Framework, it is imperative to develop a deep understanding of what creates value for customers. Then focus on developing and delivering the value in a small time bound increments. The last step is to then validate and change course if necessary to continue to add value.
Key to Agile
The key to Agile is to quickly conceive your product and refine your plan. Then validate, launch and market your product and then do it again.
Iteration is key. If something is off, you redefine and implement over again–quickly.
As opposed to the traditional waterfall method, the “agile process” is literally about being agile. It’s about creating a plan based on available information quickly and effectively. It’s about being flexible to alter and adopt the plan as you work out the details. It’s about avoiding the analysis paralysis trap that plagues so many organizations–large and small.
However, it is NOT the popular “Read, Fire then Aim” so popular with some venture capitalists and angel investors. That approach, in my experience, helps lead the way to product failure.
The Spice Catalyst Product Life Cycle framework is based upon a customer-centric, ongoing collaboration with your customers–Creating what we call Insanely Great Customers.
The image above is the high-level view of the framework. In my coming blogs, I will go into detail about each of the elements depicted.
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