Here is a guide for R&D organizations to move up in their ladder of maturity model.Find out how your organization measures in the maturity mode and what capabilities must exist in your organization to start moving up.
Most organizations start off at phase 1 with offshored product development. The biggest challenge faced by organization in this phase is the services mindset in engineering teams who don’t have an opportunity to understand the world before the requirements and after launch of the product.
Organizations in Phase 2 have technical product managers or inbound product managers who translate requirements from PRDs and work closely with engineering teams. This model adds another layer of program management but not a real product management.
Organizations in Phase 3 start experimenting with Product Management organization by starting innovation programs and tapping into the latent creativity of R&D organizations. Without a strategic framework, organizations spend a lot of time and resources without tangible benefits.
Organizations in Phase 4 display maximum growth where Product Management for product lines or the whole company is driven from India.
Pravi Solutions has developed a product management maturity model for organizations to move up the ladder.
So, why do we need a maturity model? Maturity models help us understand:
- Where do I stand with respect to my peers in the industry?
- What are the expectations on where I am currently?
- What are the best practices so I can move up to the next level?
Engage with Pravi Solutions today to move your organization up the maturity ladder.