Direct benefits to your company
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Increase Profitability Reduce costs by increasing product quality, delivering to market faster, with no last minute changes. Improve development cycle time and focus efforts on product priorities. Co-ordinate efforts of all departments to leverage product platform with limited additional cost. |
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Achieve Revenue Targets Insure maximum market impact by co-ordinating product launches. Deliver products customers really want, when they want it and where they want it. Train and support salespeople and clients. Gather accurate market intelligence and take action through product positioning and pricing. |
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Expand your Market Assess market opportunities locally and internationally, analyse competition, implement clear expansion strategy if deemed necessary or profitable. Examine alternative approaches to current market segments. |
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Improve Product Quality Review feedback from customers. Establish product review processes with all pertinent functions to improve product quality. Develop useful and accurate product support information, updated regularly. Adopt international standards and compliance to increase quality, image and competitiveness. |
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Satisfy Customer Needs Gather, analyse & prioritise requirements from all stakeholders. Develop clear product plans and communicate them to all participants. Publish product roadmap and market requirement documents. |
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Manage Compatibility and Inventory Understand dependencies between products and plan accordingly. Publish long term roadmaps, detailing compatibility and inventory procedures. |
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Manage Change Create roadmaps reflecting technology trends and market reality, thereby anticipating major changes. Set-up processes to communicate change to appropriate stakeholders and perform corrective actions if necessary. |
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Insure Product alignment with Corporate goals Increase management visibility of product plans and results through standardised reports. Translate corporate goals into real, measured and tested product plans and marketing strategies. |
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Copyright 2004 IPM Trinidad&Tobago |