How to Effectively Quantify Product Value – A Guide for Product Managers

, Software Pundits
This post was originally published on this site

Toptal

Amazing Products Can Be Defined by Differentiable Value

Many product managers will struggle to identify what makes an amazing product or service. Successful product managers, on the other hand, will invest the time to define and create differentiable value by innovating to solve unmet needs, improve processes, automate, introduce innovative valuable tools, attract a new audience, or predict the future.

In some cases, while the technology is truly unique, the company has just not figured out who wants it or why it’s important to them. Identifying and communicating a value proposition can be hard. Sometimes, stepping back to consider the bigger picture can drive different decisions.

Typical Decision Pressures for Product Managers

It’s not unusual for a product manager to get caught up in the day-to-day feature or functional discussions of managing daily standups or sprint meetings. This routine demands that they make micro decisions about the direction of the

To read the full article click on the 'post' link at the top.