Seven Phases Standard Product Life Cyle

S
Silicon Valley ProductCampProduct Managers um Silicon Valley Product Camp
Optimal Product Management and Product MarketingTM




       Seven Phase Standard Product LifeCycle
       Brian Lawley
       CEO & Founder, 280 Group
© 2012 280 Group LLC.
Agenda

Background
•   How This Came About
•   Seven Phase LifeCycle
•   Optimal Product Process
•   Nine Key Documents
•   Questions
•   Giveaway!
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



© 2012 280 Group LLC.                            4
Brian Lawley
       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 books
                 Optimal 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




© 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?




© 2012 280 Group LLC.   7
280 Group Clients




© 2012 280 Group LLC.
Product & Services
           Product                                                                    Toolkits                Workshops,
                                    Training                   Consulting
         Management                                                                  PM Office                Coaching &
                                  Certification                Contractors
         Assessments                                                                   Portal                 Mentoring

      PM Assessments             Courses:                   We Provide:             Templates:            Available for:
      • Process/People/Tools     - Public                   • Product Managers      - Product Lifecycle   •Teams
      • Gap Analysis             - Private Onsite           • Product Marketers     - Launches            •Projects
      • Recommendations          - Self-Study               • Projects              - Roadmaps            •Individuals
      • Executive Presentation                              • Interim Contractors   - Competitive
                                 Certifications:                                    - Beta Programs       Topics:
                                 - Certified Product Manager                        - Product Reviews     •   PM Process
                                 - Agile Certified Product                          - Developer           •   Market Research
                                   Manager                                                                •   Competitive Research
                                                                                    PM Office:            •   Voice of the Customer
                                                                                                          •   Vision
                                 Course Offerings:                                  - Standard
                                                                                                          •   Conceive
                                 - Optimal PM & PMM                                 - Pro                 •   Business Case
                                 - Phenomenal PM                                                          •   Market Strategy
                                 - Agile PM Excellence                              Books:                •   Requirements
                                 - CPM Intensive                                    - Agile               •   Prioritizing
                                 - Social Media Marketing                           - Phenomenal          •   Road mapping
                                                                                    - Excellent           •   Pricing
                                                                                    - 42 Rules            •   Forecasting
                                                                                    - Optimal Product     •   Metrics
                                                                                                          •   Beta
                                                                                      Process

                                                                                    PM Portal
                                                                                                          •
                                                                                                          •
                                                                                                          •
                                                                                                              Marketing
                                                                                                              End of Life
                                                                                                              Agile
                                                                                                                                      9
© 2012 280 Group LLC.
Agenda
• Background

How This Came About
•   Seven Phase LifeCycle
•   Optimal Product Process
•   Questions
•   Giveaway!
How This All Came About
       Many years
       PM Profession Maturing
       Still something missing




© 2012 280 Group LLC.            11
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

© 2012 280 Group LLC.                          12
What to do?
       Create own model
       Adopt existing
       Create a standard




© 2012 280 Group LLC.      13
Around that time…
       Working on a Global standard
       - Product Management Body of Knowledge
         (ProdBOK®)
       - Product Management Framework® (PMF)
       Goals:
       - Common vocabulary
       - Practice standard

© 2012 280 Group LLC.                           14
Support the Standard?




© 2012 280 Group LLC.     15
The Answer Was…




                        Yes!
© 2012 280 Group LLC.          16
Agenda
• Background
• How This Came About
Seven Phase LifeCycle
• Optimal Product Process
• Questions
• Giveaway!
Stages of Process Maturity
     Repeatability




                                                                                                           Optimizing
                                                                                                           •Causal analysis and
                                                                                                            resolution
                                                                                   Measured                •Identify and deploy
                                                                                   •Performance goals       process improvements
                                                                                    measured for process
                                                        Defined                     and projects
                                                        •Organizational process
                                                         defined
                                   Managed
                                                        •Product integration
                                   •Project process     •Integrated project
                                    defined              management
     Ad hoc                        •Requirements        •Validation/Verification
    •Unpredictable                  Management
    •Reactive                      •Quality assurance
    •Heroics                       •Still tends to be
                                    reactive


                                                         Efficiency


Source: Carnegie Mellon SEI CMMI                                                                                                   18
© 2012 280 Group LLC.
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
                               One Phase      Gate



          Conceive      Plan     Develop   Qualify   Launch   Market   Retire

Source: AIPMM                                                                   19
© 2012 280 Group LLC.
Easy to Remember
       Clever
       Product
       Developers
       Question
       Lousy
       Market
       Requirements

          Conceive      Plan   Develop   Qualify   Launch   Market   Retire


© 2012 280 Group LLC.                                                         20
Conceive Phase

                   Brainstorm
                   Generate ideas
                   Prioritize
                   Choose




© 2012 280 Group LLC.               21
Plan Phase

                   Strategy
                   Market Research
                   Competitive Analysis
                   Business Case
                   Market Needs
                   Product Description
                   Roadmap

© 2012 280 Group LLC.                     22
Develop Phase

                   Engineering
                   Tradeoffs
                   Adjustments
                   - Schedule
                   - Feature
                   - Plans




© 2012 280 Group LLC.            23
Qualify Phase

                   Internal
                   Beta
                   Early Customer
                   Minor Adjustments




© 2012 280 Group LLC.                  24
Launch Phase

                   Announcement
                   Availability
                   Exposure
                   Ramp Revenues




© 2012 280 Group LLC.              25
Market Phase

                    Ongoing Programs
                    Measure ROI
                    Optimize




    * AIPMM calls this phase Deliver

© 2012 280 Group LLC.                  26
Retire Phase

                   End of Life
                   New Version
                   Obsolescence




© 2012 280 Group LLC.             27
Agenda
• Background
• How This Came About
• Seven Phase LifeCycle
Optimal Product Process
• Questions
• Giveaway!
Expands on AIPMM Model
       Roles and responsibilities
       Phase Activities
       Decision Criteria
       Common activities PM & PMM
       Tools for Efficiency



© 2012 280 Group LLC.               29
Why OPP is Different

                        2012
                        1990’s and 20XX




© 2012 280 Group LLC.                     30
© 2012 280 Group LLC.   31
Nine Key Documents

                Strategy                  Execution

                        • Business Case       •   Launch Plan
                        • Market Needs        •   Beta Plan
                        • Product             •   Marketing Plan
                          Description         •   End of Life Plan
                        • Market
                          Strategy
                        • Roadmap
© 2012 280 Group LLC.                                                32
© 2012 280 Group LLC.   33
Product Management LifeCycle Toolkit
       No Duplication
       All Critical Considerations
       Every situation
       - Company Culture
       - Team
       - Light Agile
       - Heavy Waterfall




© 2012 280 Group LLC.                    34
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.                                           35
Applying Optimal Product Process
       Assessment
       Tools
       Training
       Certifications




© 2012 280 Group LLC.                36
Agenda
•   Background
•   How This Came About
•   Seven Phase LifeCycle
•   Optimal Product Process
Additional Resources
• Questions
• Giveaway!
280 Group Website Resources




© 2012 280 Group LLC.           38
Wrap Up
       Question & Answer
       Giveaways!
       - Product Management LifeCycle Toolkit™
       - One copy of each book




© 2012 280 Group LLC.                            39
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Seven Phases Standard Product Life Cyle

  • 1. Optimal Product Management and Product MarketingTM Seven Phase Standard Product LifeCycle Brian Lawley CEO & Founder, 280 Group © 2012 280 Group LLC.
  • 2. Agenda Background • How This Came About • Seven Phase LifeCycle • Optimal Product Process • Nine Key Documents • Questions • Giveaway!
  • 3. Seven Phase LifeCycle Book - Everyone gets a copy - www.tinyurl.com/freeoppbook - Please share! © 2012 280 Group LLC.
  • 4. Housekeeping Slides: www.280group.com/pcampopp.pdf Interactive session Giveaways - Product Management LifeCycle Toolkit™ - One copy of each book © 2012 280 Group LLC. 4
  • 5. Brian Lawley 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 books Optimal 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 © 2012 280 Group LLC.
  • 6. Helping companies deliver products that delight their customers and produce massive profits ™ Assessment – Training – Certification – Consulting – Contractors – Templates – Mentoring – Books © 2012 280 Group LLC.
  • 7. Why The 280 Group? © 2012 280 Group LLC. 7
  • 8. 280 Group Clients © 2012 280 Group LLC.
  • 9. Product & Services Product Toolkits Workshops, Training Consulting Management PM Office Coaching & Certification Contractors Assessments Portal Mentoring PM Assessments Courses: We Provide: Templates: Available for: • Process/People/Tools - Public • Product Managers - Product Lifecycle •Teams • Gap Analysis - Private Onsite • Product Marketers - Launches •Projects • Recommendations - Self-Study • Projects - Roadmaps •Individuals • Executive Presentation • Interim Contractors - Competitive Certifications: - Beta Programs Topics: - Certified Product Manager - Product Reviews • PM Process - Agile Certified Product - Developer • Market Research Manager • Competitive Research PM Office: • Voice of the Customer • Vision Course Offerings: - Standard • Conceive - Optimal PM & PMM - Pro • Business Case - Phenomenal PM • Market Strategy - Agile PM Excellence Books: • Requirements - CPM Intensive - Agile • Prioritizing - Social Media Marketing - Phenomenal • Road mapping - Excellent • Pricing - 42 Rules • Forecasting - Optimal Product • Metrics • Beta Process PM Portal • • • Marketing End of Life Agile 9 © 2012 280 Group LLC.
  • 10. Agenda • Background How This Came About • Seven Phase LifeCycle • Optimal Product Process • Questions • Giveaway!
  • 11. How This All Came About Many years PM Profession Maturing Still something missing © 2012 280 Group LLC. 11
  • 12. 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 © 2012 280 Group LLC. 12
  • 13. What to do? Create own model Adopt existing Create a standard © 2012 280 Group LLC. 13
  • 14. Around that time… Working on a Global standard - Product Management Body of Knowledge (ProdBOK®) - Product Management Framework® (PMF) Goals: - Common vocabulary - Practice standard © 2012 280 Group LLC. 14
  • 15. Support the Standard? © 2012 280 Group LLC. 15
  • 16. The Answer Was… Yes! © 2012 280 Group LLC. 16
  • 17. Agenda • Background • How This Came About Seven Phase LifeCycle • Optimal Product Process • Questions • Giveaway!
  • 18. Stages of Process Maturity Repeatability Optimizing •Causal analysis and resolution Measured •Identify and deploy •Performance goals process improvements measured for process Defined and projects •Organizational process defined Managed •Product integration •Project process •Integrated project defined management Ad hoc •Requirements •Validation/Verification •Unpredictable Management •Reactive •Quality assurance •Heroics •Still tends to be reactive Efficiency Source: Carnegie Mellon SEI CMMI 18 © 2012 280 Group LLC.
  • 19. 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 One Phase Gate Conceive Plan Develop Qualify Launch Market Retire Source: AIPMM 19 © 2012 280 Group LLC.
  • 20. Easy to Remember Clever Product Developers Question Lousy Market Requirements Conceive Plan Develop Qualify Launch Market Retire © 2012 280 Group LLC. 20
  • 21. Conceive Phase Brainstorm Generate ideas Prioritize Choose © 2012 280 Group LLC. 21
  • 22. Plan Phase Strategy Market Research Competitive Analysis Business Case Market Needs Product Description Roadmap © 2012 280 Group LLC. 22
  • 23. Develop Phase Engineering Tradeoffs Adjustments - Schedule - Feature - Plans © 2012 280 Group LLC. 23
  • 24. Qualify Phase Internal Beta Early Customer Minor Adjustments © 2012 280 Group LLC. 24
  • 25. Launch Phase Announcement Availability Exposure Ramp Revenues © 2012 280 Group LLC. 25
  • 26. Market Phase Ongoing Programs Measure ROI Optimize * AIPMM calls this phase Deliver © 2012 280 Group LLC. 26
  • 27. Retire Phase End of Life New Version Obsolescence © 2012 280 Group LLC. 27
  • 28. Agenda • Background • How This Came About • Seven Phase LifeCycle Optimal Product Process • Questions • Giveaway!
  • 29. Expands on AIPMM Model Roles and responsibilities Phase Activities Decision Criteria Common activities PM & PMM Tools for Efficiency © 2012 280 Group LLC. 29
  • 30. Why OPP is Different 2012 1990’s and 20XX © 2012 280 Group LLC. 30
  • 31. © 2012 280 Group LLC. 31
  • 32. Nine Key Documents Strategy Execution • Business Case • Launch Plan • Market Needs • Beta Plan • Product • Marketing Plan Description • End of Life Plan • Market Strategy • Roadmap © 2012 280 Group LLC. 32
  • 33. © 2012 280 Group LLC. 33
  • 34. Product Management LifeCycle Toolkit No Duplication All Critical Considerations Every situation - Company Culture - Team - Light Agile - Heavy Waterfall © 2012 280 Group LLC. 34
  • 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. 35
  • 36. Applying Optimal Product Process Assessment Tools Training Certifications © 2012 280 Group LLC. 36
  • 37. Agenda • Background • How This Came About • Seven Phase LifeCycle • Optimal Product Process Additional Resources • Questions • Giveaway!
  • 38. 280 Group Website Resources © 2012 280 Group LLC. 38
  • 39. Wrap Up Question & Answer Giveaways! - Product Management LifeCycle Toolkit™ - One copy of each book © 2012 280 Group LLC. 39