My critical examination of why most organisations lack clear accountability for their most valuable asset.
Both answers represent a fundamental failure of organisational design that's costing companies in hidden inefficiencies, regulatory risks, and lost competitive advantage.
Products don't exist in isolation. Every product or service ripples across at least six critical business functions, each with its own priorities, metrics, and leadership:
Product Development & Engineering
Marketing & Brand Management
Customer Experience & Support
Sales Operations & Channel Management
Legal & Regulatory Compliance
Finance & Business Operations
The financial impact of poor product lifecycle governance extends far beyond operational inefficiency. Organisations face three categories of hidden costs:
Consider a mid-sized software company launching a new enterprise product. Marketing creates compelling positioning around data security. Sales develops proposals emphasising compliance capabilities. Engineering builds robust features. Legal reviews standard contracts.
But no one owns the complete customer promise across the course of the product lifecycle.
When implementation begins, customers discover that the "seamless compliance reporting" requires manual data extraction. The sales team wasn't aware of technical limitations. Marketing materials overstated automated capabilities and didnt keep up with product changes. Legal contracts included SLAs that engineering never validated.
The result: a $2 million customer threatening to cancel, engineering scrambling to build unplanned features, sales credibility damaged, and legal exposure from contract commitments that can't be met.
This scenario repeats daily across organisations lacking lifecycle governance.
Effective product lifecycle governance doesn't require organisational upheaval. It requires three fundamental shifts:
You can implement a comprehensive end-to-end lifecycle governance framework in your business in 8-12 weeks. This framework spans the complete product journey from initial concept through to eventual sunsetting and exit, with governance guardrails built in to ensure control and collaboration at speed and scale.
The framework embeds directly into product teams and covers lifecycle governance of all "ripple areas"—customer communications, marketing, sales processes, compliance, and beyond—creating true visibility across every touchpoint. This becomes the operational foundation that makes lifecycle governance real rather than theoretical.
Designate a senior executive with authority across all lifecycle functions. This isn't about creating another layer of management—it's about establishing clear decision-making authority when cross-functional conflicts arise.
Replace isolated departmental planning with integrated lifecycle reviews that consider the complete product lifecycle status, health and journey. Every major decision should evaluate impact across the product health and status.
Implement Lifecycle Governance dashboards and reporting for C-level that provide real-time visibility into lifecycle health across all functions. When everyone can see the complete picture, coordination improves dramatically.
The most successful organisations are moving beyond functional silos toward what we call a "product team mindset" at the executive level. This means every C-level decision considers the complete product lifecycle and ecosystem, not just individual departmental optimisation.
This mindset shift enables:
CFOs and boards increasingly recognise that product lifecycle governance isn't just operational hygiene—it's a strategic differentiator. Organisations with clear lifecycle ownership and governance demonstrate:
These improvements compound over time, creating sustainable competitive moats that competitors struggle to replicate.
The question for CEOs isn't whether to implement lifecycle governance—it's how quickly they can establish clear ownership without disrupting ongoing operations.
At Skyjed, we've helped organisations implement pragmatic end-to-end lifecycle governance frameworks that deliver results in 8-12 weeks. We're offering a free audit and blueprint that maps your current product lifecycle across all business functions, identifies critical gaps and opportunities, and provides a clear roadmap for implementing your lifecycle governance solution.
Want to see how this could work in your organisation? Reach out for your complimentary lifecycle governance audit and discover how to transform your product accountability in the next quarter.
Contact us to schedule your free assessment and get your personalised implementation blueprint.
Your products are your most valuable assets. Isn't it time someone actually owned them?
What's your experience with product lifecycle ownership?
Cheers and until next edition
Leica
Contact Skyjed today for a personalised demonstration.
About Skyjed
Watch our 30 second Skyjed Overview video here
Skyjed’s AI-powered end-to-end lifecycle and governance platform is mission control for lifecycle management and governance. Bringing together every data point across your portfolio and lifecycle into a single source of truth, it gives our clients a new perspective to make more strategic lifecycle decisions to launch, monitor, optimise, and win.
Our industry-leading platform has received numerous awards and recognition from clients and industry bodies, demonstrating our commitment to innovation and excellence.