seven phases standard product life cyle
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© 2012 280 Group LLC.
Optimal Product Management and Product MarketingTM
Seven Phase Standard Product LifeCycle
Brian LawleyCEO & Founder, 280 Group
Agenda
Background
• How This Came About
• Seven Phase LifeCycle
• Optimal Product Process
• Nine Key Documents
• Questions
• Giveaway!
© 2012 280 Group LLC.
Seven Phase LifeCycle Book
- Everyone gets a copy
- www.tinyurl.com/freeoppbook
- Please share!
© 2012 280 Group LLC.
Housekeeping
Slides: www.280group.com/pcampopp.pdf
Interactive session
Giveaways
- Product Management LifeCycle Toolkit™
- One copy of each book
4
© 2012 280 Group LLC.
Background
- >25 years of PM/PMM experience
- 280 Group LLC President & Founder
- Whistle Communications Director of Product Management
- Symantec Director of Java and C++ tools
- Apple Computer Senior Product Manager, MacOS
- Claris Corporation (FileMaker, Inc.) Marketing Specialist
- Digidesign, Inc. (division of Avid) Manager Sales & Marketing
Awards, Honors, etc.
- Former President Silicon Valley Product Management Association
- AIPMM Product Management Excellence Award – Thought Leadership
- CNBC’s World Business Review
- Silicon Valley Business Report
- Silicon Valley Business Journal
- Author of five best-selling booksOptimal Product Process
42 Rules of Product Management
Expert Product Management
The Phenomenal Product Manager
42 Rules of Product Marketing
- Writing: SD Forum, Softletter, Optimal PM Blog/newsletter, SVPMA
Brian Lawley
© 2012 280 Group LLC.
Helping companies deliver products that delight their customers and produce massive profits
Assessment – Training – Certification – Consulting – Contractors – Templates – Mentoring – Books
™
© 2012 280 Group LLC.
Why The 280 Group?
7
© 2012 280 Group LLC.
280 Group Clients
© 2012 280 Group LLC.
Product & Services
9
Product Management Assessments
TrainingCertification
ConsultingContractors
ToolkitsPM Office
Portal
Workshops, Coaching & Mentoring
PM Assessments• Process/People/Tools• Gap Analysis• Recommendations• Executive Presentation
Courses:- Public- Private Onsite- Self-Study
Certifications:- Certified Product Manager- Agile Certified Product
Manager
Course Offerings:- Optimal PM & PMM- Phenomenal PM- Agile PM Excellence- CPM Intensive- Social Media Marketing
We Provide:• Product Managers• Product Marketers• Projects• Interim Contractors
Templates:- Product Lifecycle- Launches- Roadmaps- Competitive - Beta Programs- Product Reviews- Developer
PM Office:- Standard- Pro
Books:- Agile- Phenomenal- Excellent - 42 Rules- Optimal Product
Process
PM Portal
Available for:•Teams•Projects•Individuals
Topics:• PM Process• Market Research• Competitive Research• Voice of the Customer• Vision• Conceive• Business Case• Market Strategy• Requirements• Prioritizing• Road mapping• Pricing• Forecasting• Metrics• Beta• Marketing• End of Life• Agile
Agenda
• Background
How This Came About
• Seven Phase LifeCycle
• Optimal Product Process
• Questions
• Giveaway!
© 2012 280 Group LLC.
How This All Came About
Many years
PM Profession Maturing
Still something missing
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© 2012 280 Group LLC.
Product Management Challenges
Role & responsibility clarity
Fragmented methodology efforts
Training not being used
Out of date
Duplication of effort and wasted time
Critical parts of lifecycle missing
No post-mortems
Skills can’t be leveraged
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© 2012 280 Group LLC.
What to do?
Create own model
Adopt existing
Create a standard
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© 2012 280 Group LLC.
Around that time…
Working on a Global standard
- Product Management Body of Knowledge (ProdBOK®)
- Product Management Framework® (PMF)
Goals:
- Common vocabulary
- Practice standard
14
© 2012 280 Group LLC.
Support the Standard?
15
© 2012 280 Group LLC.
The Answer Was…
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Yes!
Agenda
• Background
• How This Came About
Seven Phase LifeCycle
• Optimal Product Process
• Questions
• Giveaway!
© 2012 280 Group LLC.Source: Carnegie Mellon SEI CMMI
Stages of Process Maturity
Ad hoc
•Unpredictable•Reactive•Heroics
Managed
•Project process defined
•Requirements Management
•Quality assurance•Still tends to be reactive
Defined
•Organizational process defined
•Product integration•Integrated project management
•Validation/Verification
Measured
•Performance goals measured for process and projects
Optimizing
•Causal analysis and resolution
•Identify and deploy process improvements
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Efficiency
Rep
eata
bilit
y
© 2012 280 Group LLC.Source: AIPMM
Seven Phase LifeCycle™
Phase: Stage in the product lifecycle
Gate: Critical decision point ending a phase, and starting the next
Product LifeCycle: phases from conceive to retire
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One PhaseOne Phase Gate
Conceive Plan Develop Qualify Launch Market Retire
© 2012 280 Group LLC.
Easy to Remember
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Clever
Product
Developers
Question
Lousy
Market
Requirements
Conceive Plan Develop Qualify Launch Market Retire
© 2012 280 Group LLC. 21
Conceive Phase
Brainstorm
Generate ideas
Prioritize
Choose
© 2012 280 Group LLC. 22
Plan Phase
Strategy
Market Research
Competitive Analysis
Business Case
Market Needs
Product Description
Roadmap
© 2012 280 Group LLC. 23
Develop Phase
Engineering
Tradeoffs
Adjustments
- Schedule
- Feature
- Plans
© 2012 280 Group LLC. 24
Qualify Phase
Internal
Beta
Early Customer
Minor Adjustments
© 2012 280 Group LLC. 25
Launch Phase
Announcement
Availability
Exposure
Ramp Revenues
© 2012 280 Group LLC. 26
Market Phase
Ongoing Programs
Measure ROI
Optimize
* AIPMM calls this phase Deliver
© 2012 280 Group LLC. 27
Retire Phase
End of Life
New Version
Obsolescence
Agenda
• Background
• How This Came About
• Seven Phase LifeCycle
Optimal Product Process
• Questions
• Giveaway!
© 2012 280 Group LLC.
Expands on AIPMM Model
Roles and responsibilities
Phase Activities
Decision Criteria
Common activities PM & PMM
Tools for Efficiency
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© 2012 280 Group LLC.
Why OPP is Different
30
2012
1990’
s an
d 2
0X
X
© 2012 280 Group LLC. 31
© 2012 280 Group LLC. 32
Nine Key Documents
Strategy
• Business Case• Market Needs• Product
Description• Market
Strategy• Roadmap
• Business Case• Market Needs• Product
Description• Market
Strategy• Roadmap
Execution
• Launch Plan• Beta Plan• Marketing Plan• End of Life Plan
• Launch Plan• Beta Plan• Marketing Plan• End of Life Plan
© 2012 280 Group LLC. 33
© 2012 280 Group LLC.
Product Management LifeCycle Toolkit
No Duplication
All Critical Considerations
Every situation
- Company Culture
- Team
- Light Agile
- Heavy Waterfall
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© 2012 280 Group LLC. 35
Master Product Plan™
Alternative to nine
Update every phase
Compare versions
Post mortem
Continuous Improvement
V1 V2 V3 V4 V5 V6
© 2012 280 Group LLC.
Applying Optimal Product Process
Assessment
Tools
Training
Certifications
36
Agenda
• Background
• How This Came About
• Seven Phase LifeCycle
• Optimal Product Process
Additional Resources
• Questions
• Giveaway!
© 2012 280 Group LLC.
280 Group Website Resources
38
© 2012 280 Group LLC.
Wrap Up
Question & Answer
Giveaways!
- Product Management LifeCycle Toolkit™
- One copy of each book
39
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