idse202 assignment4 product_platformsreadings_ct_v1

11
Product Platforms

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thinking through product platforms, reading chapters from "The Power of Product Platforms" by Marc H. Meyer for IDSE202, a System, Service and Iinteraction design theory class taught by Jon Freach at austincenterfordesign.com

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Page 1: Idse202 assignment4 product_platformsreadings_ct_v1

Product Platforms

Page 2: Idse202 assignment4 product_platformsreadings_ct_v1

Derivative Product

Derivative Product

Commonality

Compatibility

Standardization

Modularization

Single-Product

R&D

Single-Product

R&D

Single-Product

R&D

Analyze and Identify

Product Platform

Derivative Product

Derivative Product

Derivative Product

Derivative Product

Derivative Product

Derivative Product

Derivative Product

Product PlatformsCreate a family of products from a set of common components or modules.

Page 3: Idse202 assignment4 product_platformsreadings_ct_v1

SingleProduct

SingleProduct

Company Measures: Black & Decker ExampleOld ways were costing Black & Decker more money, lower-performing products, and lower revenue.

R&D:Engineers

Manufact-uring

SuppliersManage-

mentCosts

Productperformance

RevenueCustomer Customer Customer Customer

Derivative Product

SingleProduct

SingleProduct

Customer

Page 4: Idse202 assignment4 product_platformsreadings_ct_v1

Leveraging PlatformsProduct Platform and Market Segments helps save costs and increase revenue

R&D:Engineers Manufact-

uring

SuppliersManage-

mentCosts

Derivative Product

Derivative Product

Derivative Product

Productperformance

RevenueCustomer Customer Customer

Derivative Product

Derivative Product

Derivative Product

CustomerCustomerCustomer CustomerCustomerCustomer

Product Platform

Page 5: Idse202 assignment4 product_platformsreadings_ct_v1

Mindset as well as a ProcessThree key mindsets for effective innovation

R&D:Engineers Manufact-

uring

SuppliersManage-

mentCosts

Derivative Product

Derivative Product

Derivative Product

Productperformance

RevenueCustomer Customer Customer

Derivative Product

Derivative Product

Derivative Product

CustomerCustomerCustomer CustomerCustomerCustomer

Product Platform

COLLABORATION LONG-TERM PLANNING& PRIORITY

HOLISTIC

Page 6: Idse202 assignment4 product_platformsreadings_ct_v1

SingleProduct

SingleProduct

Company Measures: ARCH ExampleCurrent ways are costing ARCH more mosts, less effective and less efficient services, and fewer results.

Day StaffCase

Managers

Co-LocatedPartners

VolunteersCosts

Productperformance

RevenueClient Client Client Client

SingleProduct

SingleProduct

SingleProduct

Client

Manage-ment

Page 7: Idse202 assignment4 product_platformsreadings_ct_v1

Mindset as well as a ProcessThree key mindsets for effective innovation

Day StaffCase

Managers

Co-Located Partners

Manage-mentCosts

Derivative Service

Derivative Service

Productperformance

RevenueCustomer Customer Customer

Derivative Service

Derivative Service

Derivative Service

CustomerCustomerCustomer CustomerCustomerCustomer

Product Platform

COLLABORATION

LONG-TERM PLANNING& PRIORITY

HOLISTIC

Volunteers

Page 8: Idse202 assignment4 product_platformsreadings_ct_v1

Platform Strategy

Page 9: Idse202 assignment4 product_platformsreadings_ct_v1

PRODUCT/SERVICETIERS

MARKET SEGMENTSOR TYPES OF CUSTOMERS

high-end

mid-range

Low-CostOr free

Nomads

Minimalists Distressed

Homeless Working Poor

CollegeStudents

TechNomads

NewlyUnemploye

d

BankruptcyOr Divorce

Identify Market Segments

Page 10: Idse202 assignment4 product_platformsreadings_ct_v1

PRODUCT/SERVICETIERS

MARKET SEGMENTSOR TYPES OF CUSTOMERS

high-end

mid-range

Low-CostOr free

Nomads

Minimalists Distressed

Homeless Working Poor

CollegeStudents

TechNomads

NewlyUnemploye

d

BankruptcyOr Divorce

One Effective Platform Strategy“First build platforms that can profitably serve low-end requirements.”

Page 11: Idse202 assignment4 product_platformsreadings_ct_v1

For more info:The Power of Product Platforms by Marc H. Meyers

Austin Center for DesignIDSE202 Systems, Service, and Interaction Design / FreachNovember 9, 2010Christina Tran