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What is Product Development? Definition, Examples, Process and Strategies

IdeaScale

What is Product Development? Product development is defined as the process of creating new products or improving existing ones to meet the needs and wants of consumers. Throughout this process, businesses aim to develop products that offer unique

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How Can You Align Product Development with Business Strategy?

IdeaScale

When developing new products, organization leaders must ensure their efforts align with the overall business strategy. This is essential for success because it relates the new product to the company mission. According to product development research, one in seven product ideas will be successful.

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Innovation strategies to promote more profitable new product development

Sopheon

To ensure efficient new product development and reduce time-to-market, enterprises must implement these digitization strategies. The post Innovation strategies to promote more profitable new product development appeared first on Sopheon.

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Product Refactoring is a Critical New Product Development Strategy

Sopheon

Kill a product or send an inferior product to market? Consider a third option: product refactoring. The post Product Refactoring is a Critical New Product Development Strategy appeared first on Sopheon.

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How to Optimize the Developer Experience for Monumental Impact

Speaker: Anne Steiner and David Laribee

As an innovative concept, Developer Experience (DX) has gained significant attention in the tech industry, and emphasizes engineers’ efficiency and satisfaction during the product development process.

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6 New Product Development Process Strategies for When Budgets Are Constrained

Sopheon

Innovation planning and new product development processes can’t stop even when budgets are constrained. The post 6 New Product Development Process Strategies for When Budgets Are Constrained appeared first on Sopheon. Learn how to get creative to ensure innovation & revenue aren’t interrupted.

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Tips for Evaluating Your Company’s Product Development Performance

IdeaScale

Are you a leader in product development? Want to get your products on the market before those of your competitors? Product management requires effective delivery. A successful product development strategy will help you generate more revenue and break ground in your industry.

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The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Communication

Speaker: David Bard, Principal at VP Product Coaching

But fret not, this webinar is your key to effective product development! Explore proven solutions, laying the groundwork for triumphant product launches. Gain inspiration from real-world success examples from top digital companies, offering invaluable insights into their winning strategies.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

Takeaways: Learn how to increase profits, enhance customer satisfaction, and create sustainable business models by selecting effective pricing and licensing strategies. June 20, 2024 at 11:00 am PT, 2:00 pm ET, 7:00 pm GMT Use Product Management Today’s webinars to earn professional development hours!

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Driving Business Impact for PMs

Speaker: Jon Harmer, Product Manager for Google Cloud

Understand how your work contributes to your company's strategy and learn to apply frameworks to ensure your features solve user problems that drive business impact. 📅 April 11, 2024 at 11:00 am PT, 2:00 pm ET, 7:00 pm GMT Use Product Management Today’s webinars to earn professional development hours!

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Shaping the Future: Product Strategy in the Age of Uncertainty

Speaker: William Haas Evans - Principal Consultant, Product Strategy Practice Lead, Kuroshio Consulting

In this webinar, we’ll explore the 4 key pillars that a value-driven product organization leverages to ensure they are connecting their strategy to execution to deliver business outcomes: The Product Roadmap (What it is and what it’s not). Use Product Management Today’s webinars to earn professional development hours!

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A PM's Guide to Building a Culture of Product Innovation

Speaker: Bob Webber, VP Product Flow Optimization, Construx

Despite the importance of new product development, more than half of all product launches and innovations fail. This webinar is for engineering and product leaders who are struggling to find an innovation strategy that works. Use Product Management Today’s webinars to earn professional development hours!

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If You Build It, They Will Come: A Guide to Customer Onboarding

Speaker: Jamie Bernard, Sr. Product Director and Product Management Practice Lead at Nexient, an NTT Data Company

If you can simplify your onboarding process and show your product's value from the beginning, you can lower customer churn and increase the usability of your product. Examples of successful product onboarding strategies. Use Product Management Today’s webinars to earn professional development hours!

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Building User-Centric and Responsible Generative AI Products

Speaker: Shyvee Shi - Product Lead and Learning Instructor at LinkedIn

Attendance of this webinar will earn one PDH toward your NPDP certification for the Product Development and Management Association.

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How to Develop a Recession-Proof Product-Led Strategy

Speaker: Wes Bush, Author of "Product-Led Growth"

As PMs, we all know the importance of building a successful product-led growth strategy. Zoom, Stripe, and Airtable are all examples of software companies with strong PLG strategies. What features do their strategies have that allow them to see continued success in this ever-changing market?