How to Streamline Teamwork Processes with ONES.com?
Product strategy execution, teamwork efficiency, and software quality are three critical factors for software development teams. However, due to such realities as fast-changing requirements, short development sprints, and frequent releases, development teams are often caught up in urgent support tasks or bug fixes and overlook strategy execution. To better assist teams in defining business goals that allow the realization of products, organizations need to build an efficient product strategy execution process.
An efficient product strategy execution process is a closed loop from defining the product strategy and collaborating on the product roadmap, to actual development and delivery.
1. Define a clear product strategy
The implementation of a product strategy requires the team’s full understanding and support of strategic product decisions. Therefore, the product strategy must be well-oriented, with clear target groups, product positioning, and value propositions.
The “ Business Model Canvas” can be used to identify target users (customer segments), user needs (value propositions), the product profit model (resource allocation), and phased objectives (feasibility plan). After discussion and validation by all stakeholders, the complete product strategy can be shared with team members through document collaboration and knowledge accumulation.
2. Develop a product roadmap based on the product strategy
The product roadmap, as a strategic plan for the team in the development process, should not only take into account the business goals and value propositions in the product strategy but also, according to the workflow and delivery quality, break down phased objectives and develop project plans concerning product features and critical paths, among others.
For example, milestones can be defined to help the team control the project progress and direction, and determine strategy implementation steps to reach project goals more efficiently.
3. Prioritize product requirements
Requirement changes are inevitable in the development process, which will affect the original project plan. Hence, the project owner needs to manage requirements in a timely manner. But what if all requirements and tasks are important?
The product owner needs to set the priority of product requirements based on their value, cost, and risks. To ensure the implementation of product strategy, users and business stakeholders, as well as the development team should all be considered when prioritizing product requirements pools, which are then added to sprints.
The “scrum board” visualizes the value of requirements and the value flow, allowing the team to understand project progress and identify project issues and obstacles in time, improving the end-to-end delivery capability.
4. Evaluate and adjust the strategy regularly for continuous improvement
In the execution of product strategy, it is necessary to communicate with all relevant parties periodically to assess the strategy implementation based on the business environment, team feedback, and product performance indicators. Stakeholders should also be regularly involved in evaluations to optimize the product strategy and product roadmap, and avoid overlooking product value for user needs in the process of checking tasks off the list.
Product strategy is omnipresent in the entire development process, and product success starts with the right strategic decisions. Organizations should adjust their product strategies at different development stages to meet their business needs and deliver better products and services to users and customers.
ONES.com is committed to developing underlying architecture and product system on its own continues to complete the product suites and provides organizations with professional teamwork and project management tools that cover the entire development lifecycle and empower teams to plan, organize, and execute work at multiple levels from strategic planning to daily development.
Originally published at https://blog.ones.com on November 9, 2022.
