Our product life cycle management doesn’t seem to be doing that well, how can we assess it?

The topic of this post is a question I always get asked, so I thought I would turn to Quora to ask the general product management community, how can they assess poor performing PLM? Check out the answers below including mine:

I don’t think the other answers understand what the question might be concerning. However, I write about this in my book “Building Insanely Great Products: Some Products Fail, Many Succeed…This book is their Story” available on Amazon. Now Available in Paperback: Building Insanely Great Products on Amazon

Many companies have a framework they follow, and as a result, they move up the process maturity curve. Others have not or a poor one or do not follow it very well. As a result, as one VP at a company that just introduced and had 5 product failures in a row said, “If you don’t have a process, then the company creates a culture of blame.”

Here is a set of 16 questions to ask about your process: 16 Questions to Assess Your Product Management Life Cycle

David Fradin

Now a days, its hard truth that data management is more harder than data creation.

PLM does the same thing. it is to ease the data management throughout the life span (from concept to end of life) of the part or product.

If you think your PLM system is not doing as per the requirement then you need to look back again to your PLM system

  1. Draw and design how you expect the PLM system is on paper or anywhere
  2. Follow scrum meetings and brain storming sessions for PLM processes and concepts
  3. PLM is not only about CAD data management, its about Lifecycle management, Variant & Configuration management, BOM and Change Management etc along with Down stream application support.
  4. etc…

You try to follow such points, it will help you to find the solution.

Imran Khan

 

2017-08-03T14:28:22+00:00

About the Author:

Go to https://dfradin.youcanbook.me, to schedule a time to talk. David Fradin has trained thousands of managers throughout the world in the successful management of products. With over 47 years of experience across major companies, 75+ products and services and 11 startups, he infuses his workshops with insights gained as an expert product leader, product manager and product marketing manager at companies like Apple and HP. He was classically trained as an HP Product Manager and was then recruited by Apple to bring the first hard disk drive on a PC to market. As a result of his leadership and management skills, Apple promoted him first to Apple /// Group Product Manager and later Business Unit Manager at the same organizational level at that time as Steve Jobs. He recently authored “Building Insanely Great Products: Some Products Fail, Many Succeed…This is their Story” Lessons from 47 years of experience including Hewlett-Packard, Apple, 75 products, and 11 startups later. Go to: http://amzn.to/2lyRhn7 Coming soon will be "Organizing and Managing Insanely Great Products" and "Marketing Insanely Great Products." His workshops cover the founding values, vision, product lifecycle and management employed by Apple at its start and which it subscribes to today. You can learn more about his workshops at https://spicecatalyst.com/get-brochure-professional-development-training-courses-description/ Soon to be released by Wiley and Sons, in the Early of 2017, is a seven volume set of university level textbooks entitled: "Foundations in the Management of Successful Products" covering keys to product success, product market strategy, marketing, soft skills, user experience, user interface, product engineering, and product support. What students will learn in the workshops, online courses and books are cover what has made Apple the most valuable company in the world today.

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