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A Holistic Understanding of Products Helps Drive Lasting Product Success

When you think of a product, odds are what youre actually thinking of is a products implementation. But thats not the full story, and properly defining your organizations products is essential to executing effective product management and achieving your mission. So, what is the full story?

Lets find out by putting your knowledge of products to the test with a short quiz! Along the way, well illuminate the importance of taking a more comprehensive view of your products, which ensures that every aspect, from development to customer engagement, is aligned and functioning cohesively.

What Is a Product?

Welcome to your Product One

1. True or False: The concept of products doesnt really apply when discussing federal agencies or nonprofit organizations administering publicly funded services.

 

Welcome to your Product Two

2. True or False: A product is only what the customer can see and use directly.

 

Welcome to your Product Three

3. True or False: Effective product management helps to avoid unclear direction and misaligned priorities within an organization.

 

Welcome to your Product Four

4. What is a key benefit of clearly defining your organization's product?

 

Welcome to your Product Five

5. True or False: User experience and customer support are considered part of the deeper layer of a product.

 

Welcome to your Product Six

6. Which of the following elements is NOT typically part of the hidden product management framework that supports a product?

 

Welcome to your Product Seven

7. True or False: Market trends, customer feedback, and technological advancements do not significantly influence products.

 

Welcome to your Product Eight

8. What does viewing a product holistically help to recognize?

 

Welcome to your Product Nine

9. True or False: Without effective product management, products may still meet customer needs effectively.

 

Welcome to your Product Ten

10. Which statement best describes the concept of a product as a complex system?

 

Driving Product Success

How did you do?

Gaining a more comprehensive view of products is essential on two fronts: it alerts your organization to the importance of effective product management, allowing you to allocate attention and resources accordingly; and, it sets your products up for a longer, more successful lifecycle.

Better-performing products means a greater chance of achieving your organization’s mission and delivering for your customers.

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