Summary
Many product teams — especially those working on software-as-a-service products — spend most of their time and energy enhancing existing products. Some features are added for unclear reasons, with limited customer input and lacking a plan for realizing value, resulting in wasted resources and lost opportunities. With a more regimented approach to assessing, planning, and measuring enhancements, organizations can realize more value and growth. In this report, we describe the three steps product managers must follow to maximize the impact and value of enhancements.
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