Product lifecycle management is evolving, and we are witnessing a shift in approach which is now focussed on alignment and collaboration. In our recent ebook What is product management, we define modern product lifecycle management and explore what success looks like.
Lead a productive virtual team so you can work anywhere, at any time and remove internal silos. Product management is most effective when you align with other teams in your organisation.
The future of product lifecycle management points to people being virtually aligned around product growth and adopting Artificial Intelligence (AI) to make fast and efficient decisions."
The way things work today for product executives often requires influencing across the organisational silos to get support for your product strategy and this can be time consuming. Skyjed helps bring all this together to build a virtual team to collaborate on improving the health of your product.
In Skyjed you can create and invite functional groups to your product 360-workspace in minutes. You can wake up in the morning and log-in to Skyjed and communicate easily with your colleagues from anywhere in the world on your product growth challenges. The product owner or manager hosts the virtual team in Skyjed and all the roles and permissions are set-out to make remote working more effective.
Skyjed defines the product owner or manager as the single point accountability for product lifecycle growth, compliance and ongoing customer trust. The roles and permissions include inviting team members that are clearly defined as
Skyjed has reinvented traditional lifecycle management by reassessing product success metrics through defined domains rather than revenue alone. The 5 domains are health - revenue, value, customer experience, innovation and regulatory compliance. These new domains are similar to 'channels in Slack' and 'issues in Jira'.
In Skyjed, we have automated the setting of strategic and risk actions. These can be monitored together with your risk and regulatory teams to keep on top of compliance. A Skyjed action plan is a detailed plan outlining actions required to reach your product vision and metrics. It is the step by step plan needed for your product strategy to succeed. Setting an action plan can help your product executives turn their visions into reality and increase efficiency and accountability in your organisation. Action plans encompass both strategic actions and risk based actions. Actions include information such as:
Skyjed is designed to be a collaborative workspace or product community in your organisation so you can work remotely from anywhere, at anytime. By aggregating all your product knowledge in a single online repository, Skyjed helps you to create, share, store, search and filter all your important product lifecycle history.
Check out our Best practice product governance for remote working ebook on a new model to help you understand your product regulatory obligations.