The Skyjed platform contains two distinct workspaces for your product design and scope, product lifecycle reviews and audits, and performance monitoring and insights for continuous improvement.
The Product Design Workspace is where you can build product designs and target market determinations for example, and the Product Audit Workspace is where you conduct your ongoing product monitoring and reviews. The beauty of Skyjed is that you can jump right in and start using Skyjed for product design, and monitoring reviews for continuous improvement. You can also set team members with approval access and use this to support the approval gates in the product design and product audit workflows, which will not allow an item to be published until it has been reviewed and approved by a designated approver or group of reviewers or approvers.
We guide you every step of the way, from setting up your portfolios, and virtual team right through to helping you create your products and designs. We have many popular pre-built Product Design templates such as Target Market Design, Lean Canvas, Launch Ready Checklist and Product Strategy just to name a few that make it simple to develop new products,. Or you can easily customise as many Product Design templates that’s suited to your business goals.
You don’t need to have a Product Design in Skyjed in order to add an existing product and commence product monitoring and reviews and lifecycle management. All product monitoring and reviews or audits are completed in the Product Audit Workspace. You can choose one of our pre-built Product Audit templates, that reflects your business goals such as Launch Ready Review, Annual Product Review or Target Market Review. You can also easily customise new Product Audit templates to suit your business goals.
At any point in time during your review or audit you can add in contributor team members and assign them actions such to review components of the review or audit or add in specific information.
Skyjed’s Planner and Event Scheduler allows you to plan all your monitoring and review activity ahead of time with reminders. Lock in your monthly, quarterly, annual, thematic, and out-of-cycle product reviews for up to 5 years ahead. Skyjed automatically populates the fields from the previous approved and published product review or audit to save you time and avoid double-handling. You can easily review, edit and update the new Product Audit with any new information since the last review.
In each of the Skyjed workspaces, there are information prompts called Drivers that help you gather the information you need to successfully complete your product design or monitoring and review audit process.
Skyjed contains many pre-built Drivers across financial and non-financial parameters in the Driver Library including Design, Revenue, Value, Customer Experience, Innovation, Regulatory and Sustainability areas to ensure a holistic analysis of product performance. However, it is also incredibly easy to create your own Drivers or edit existing ones to better suit your business goals.
Key examples can include Drivers tailored for the likes of Design and Distribution Guidelines (DDO), PROD 4, MiFID II, Environmental, Social and Governance (ESG) disclosures or innovation goals just to name a few.
Skyjed’s AI-engine calculates over 200 data points to determine a Product Health Check Score in the Insights section of the Product Workspace. Using the Product Health Check Score, together with the insights and reports generated by Skyjed, you’ll be able to see if there are any areas of risk that need addressing or if there are opportunities for growth in your product.
You can also compare product performance on a product level or product portfolio level, or against one another to determine your next best course of action. This means you can change the course of your strategies as needed to ensure commercial success and compliance.
Skyjed makes reporting easy with ready-made reports that you can easily export and share with your stakeholders and team.
Product monitoring automated trigger workflows are a valuable new way to set and forget important strategic event triggers to monitor important metrics and events in your products lifecycle. This capability is a game changer and will significantly improve your product lifecycle monitoring and management. The triggers can be automated in a workflow to make the entire product management process faster, more strategic, and more efficient.
Automated Workflows triggers are ideal for customer complaints, sales data, cancellations, margin decline, market share decline. Each strategic trigger can be viewed on the insights dashboard with a trends line.
When a trigger is met, Skyjed will notify you to take action. You can then conduct a Product Review and assign actions to team members as needed to investigate and mitigate the risks presented by the automated workflow trigger and review your product trigger.
Skyjed has Action and Comments functionality built into the platform to manage both growth and remediation actions, and record comments as part of the history of the product.
You can assign actions or make comments out of any of Skyjed’s design or audit Drivers. Once assigned, Skyjed’s Notification engine will notify the person who is assigned the action, and it will notify the Action Assignor when the action has been completed or when it’s approaching its due date, and any other engagement made towards that Action.
All actions and comments are managed within the platform so they automatically become part of the history of the product. This removes the need to search through endless email trails.
Skyjed provides you and your team with one platform to manage your product lifecycle and product governance. You can add collaborators from compliance, marketing, sales, finance, and more to specific products or portfolios.
With action tasks, comment threads and notifications, Skyjed offers an easier way to keep cross-functional teams up to date and accountable, ensuring progress happens across the portfolio. Make comments against important data points and assign team actions and deadlines.
Skyjed’s automated alerts mean you no longer have to send emails or messages to remind them to complete a task. Once you assign an action or an event to a team member, Skyjed will take care of the rest.
One of the great benefits of using Skyjed for your ongoing product monitoring and action management is that your compliant record keeping is completely automated. The entire history of the product and its lifecycle is captured and made available with a few simple clicks.
This is particularly useful for product managers taking over a new portfolio. Knowledge transfer is automated and complete. No more searching on the shared drives or through endless emails and spreadsheets to get the history of your new portfolio.
Any audit record, published design, event history, insight report or in fact any record kept within Skyjed is automatically kept and can be exported.
Skyjed can integrate directly with other business tools to obtain product-centric information for monitoring, warning triggers, workflows, real-time application notifications and driver data for product governance oversight.
These integrations make it possible for you to monitor your products, conduct reviews and access your ready-made insights and reports.
Skyjed is a cloud Software-as-a-Service product lifecycle management and product governance platform MISSION CONTROL FOR PRODUCT MANAGEMENT ™ and is ISO-27001 accredited.
Our SaaS solution will help you manage your lifecycle, ensure ongoing product compliance and access to insights at speed, while reducing costs and freeing up your time so you can focus on strategic decisions to find growth and success.