Services

Product Assessment

Detailed assessment for superior Product management and strategic alignment

What is a Product Assessment?

Effective product management is critical to the success of a company’s product strategy, as it ensures that products or services meet customer needs, are delivered on time and within budget, and are aligned with key business goals.

During Tech Diligence, the review of strategic product management practices may include several key areas, including the following:

  1. Product Roadmap and Planning: TechCXO examines how the target company creates and maintains the product roadmap, how it aligns with business objectives and how it adapts to changes in the market or competitive landscape.
  2. Product Development Process: This involves understanding how the target company identifies and prioritizes product features, defines product requirements, manages the product development process, and conducts quality assurance.
  3. Product Lifecycle Management: This involves examining how the target company manages products throughout its lifecycle, including product launch, growth, maturity, and decline.
  4. Product Team Structure and Roles: This involves assessing the organizational structure of the product team, the roles and responsibilities of team members, and the alignment with overall business goals.
  5. Product Metrics and KPIs: This involves evaluating the product metrics and key performance indicators (KPIs) used by the target company and/or potential investors to measure product success, such as customer satisfaction, utilization, adoption, revenue, and profitability.

With the deliverable from a Product Assessment, stakeholders will have a clear understanding of product completeness, strategic planning gaps, performance indicators, which practices are working, which are not, and most importantly, what specifically needs to be done to remediate issues identified.

Questions? Call or Email Us

Unfamiliar with how executives on demand works? We pioneered this unique model and are happy to guide you step by step. Schedule a call or send an email today to get started.