Skyjed's product health check helps you build a 360 degree view of your product's performance. It identifies areas for improvement and opportunities for growth, and then helps you set action plans to improve your product over time.
A Skyjed product health check is a process to review and assess your product. The health check is a structured assessment across the 5 domains of product health, performed by the product owner with collaborative input from other teams in your organisation.
Each of the 5 domains in Skyjed has a library of data input drivers. Theses drivers prompt the team to input information or a rating into each driver. Skyjed's AI engine then takes the inputted data and ratings and interprets them to generate the Product Health Index containing your health check scores.
Product executives can use these health checks to regularly assess their product strategy, plans and risks. Regular health checks can identify any early signs of risk or opportunity.
Skyjed allows you to identify actions and risks so you can create a plan to achieve your product goals. Actions are categorised into one of two types:
• Strategic
• Risk mitigation
Strategic actions are action plans to meet your product objectives and strategy.
Risk Mitigation actions help you prepare for or lessen the adverse impacts of a potential risk and address the long term sustainability of your product health.
A Risk Mitigation action requires you to perform a qualitative assessment of the risk in your product strategy implementation.
Monitor commercial and non-financial metrics
Track product data and performance in a central place and allow data access to different teams.
Manage regulatory obligations
Create a list of relevant product regulatory compliance requirements and update when they change.
Analyse technology trends and industry structure
Make better decisions by defining external factors such as technology trends and adjacent and substitute products.
Generate real-time health check reports
Automated product reports in real-time to share with teams, management or business leaders. Use our reports or create your own.
Invite non-product teams to help
Create a product portfolio and invite contributions from team members across the business - from marketing and commercial teams to regulatory and risk.
Store, filter and search
Publish your product insights and filter by key word, owner, health status at the click of a button.
Drill down analysis
Automated product risk reports where you can click to drill down on the root cause of a risk rating
Share product updates
Take the pain our of preparing for monthly, quarterly and annual strategy updates with automated health-check snapshot for management.
Monitor commercial and non-financial metrics
Track product data and performance in a central place and allow data access to different teams.