roadmap – the way to do it successfully

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Roadmap – The Way to Do It Successfully Harri Pendolin, Prodman Market Insight conference 13 th of November 2014, Stockholm

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Roadmap is built on market insight. A good one is a combination of short term operational goals, understand of the coming market needs and your product vision.

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Page 1: Roadmap – The Way to Do it Successfully

Roadmap – The Way to Do It Successfully

Harri Pendolin, Prodman

Market Insight conference

13th of November 2014, Stockholm

Page 2: Roadmap – The Way to Do it Successfully

“A product roadmap is a

high-level plan that

shows how a product is

likely to evolve.”

Roman Pichler, agile product management and Scrum expert

“An artefact that

communicates the direction

you’ll be going in order to fulfill

the product vision.”

Janna Bastow, Co-Founder, ProdPad

“An evolving plan of product releases, with brief

descriptions of their themes and features. The

roadmap is intended to realize the product

vision and satisfy goals and objectives.”

Gottesdiener and Gorman,

Discover to Deliver

2014 Roadmap - The Way to Do It Successfully

What Is a Roadmap?

Where Will It Take You?

Page 3: Roadmap – The Way to Do it Successfully

“If you don't know where you are

going, any road will get you there.”

Lewis Carroll, writer of Alice in Wonderland

2014 Roadmap - The Way to Do It Successfully

Page 4: Roadmap – The Way to Do it Successfully

Three horizons planning framework

Roadmap - The Way to Do It Successfully 2014

Horizon 1

Horizon 2

Horizon 3 Operative targets

Strategic themes

or focus areas

Vision

Time

Money

Three horizons - three different needs for market insight!

Page 5: Roadmap – The Way to Do it Successfully

Horizon 1 – Can we deliver what we planned? P

rod

uct

1 Release 1.1

Release 1.2

Release 2.0

Mark

eti

ng

Advisory boards

Launches

Events

Pro

du

ct

2

Cloud 1.0

Asian version

Cloud beta

3Q/15 2Q/15 1Q/15 4Q/14 3Q/14

2014 Roadmap - The Way to Do It Successfully

Page 6: Roadmap – The Way to Do it Successfully

Outcome over Output

Roadmap - The Way to Do It Successfully 2014

Operational efficiency Customer satisfaction

Interoperability requirements, user

experience, attraction, price,

adoption rate, positioning,

packaging…

Market Insight

Project time table and deadlines

Budget

Quality

Process requirements

Operational goals

Page 7: Roadmap – The Way to Do it Successfully

Three things to keep in mind in Horizon 1

1. Customers before processes

2. Customer insight is not the same than

market insight

3. Every market and product has its finite

lifecycle

2014 Roadmap - The Way to Do It Successfully

Page 8: Roadmap – The Way to Do it Successfully

2010 2011 2012 2013

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Horizon 2 – Are we working on the right

solutions?

Justin Musica Smart phone without phone

GigaP The best screen on the market place

Traditional Affordable MP3

player for kids

Laggard Me too phone for big masses

Police Durable basic version

for authorities

The Last Mohican For conservative PC

users

Conqueror First version of the

Android tab

No name Very small version

for athletes

Hip All colors for young

adults

2014 Roadmap - The Way to Do It Successfully

Page 9: Roadmap – The Way to Do it Successfully

My roadmap used to look like this…

Roadmap - The Way to Do It Successfully 2014

Release 1.2

• Feature 1

• Feature 2

• Feature 3

• And lot more small

features customers

and sales guys had

asked

Release 1.3

• Feature 31

• Feature 32

• Feature 33

• And the rest of the

features R&D

though they could

squeeze in

Release 2.0

• Faster feature 1

• Unclear feature 2

• Great internal idea 3

• All the features our

competitors had

• Feature 4 Gartner

thought would be

needed

• And every other

feature anyone had

ever requested

1Q/02 2Q/02 3Q/02 4Q/02 1Q/03 2Q/03 3Q/03 4Q/03 1Q/04 2Q/04

Release 1.21

• Some bug fixes

which we already

knew will be

needed because of

the too tight

schedule Horizon 2

Page 10: Roadmap – The Way to Do it Successfully

The Challenge with Horizon 2 -

Customers don’t know what they will

need!!

2014 Roadmap - The Way to Do It Successfully

Page 11: Roadmap – The Way to Do it Successfully

Pretotypes and MVP’s

Roadmap - The Way to Do It Successfully 2014

Page 12: Roadmap – The Way to Do it Successfully

Lean Startup

Roadmap - The Way to Do It Successfully 2014

Ideas

Build

Product

Measure

Data

Learn

Market Insight

Page 13: Roadmap – The Way to Do it Successfully

Even Apple keeps testing all the time!

Roadmap - The Way to Do It Successfully 2014

It's a process where they discover the product

through constantly creating new iterations. A lot

of companies will do six or seven prototypes of a

product, because each one takes time and money.

Apple will do a hundred -- that's how many they

did of the Macbook. Steve Jobs doesn't wake up one

morning and there's a vision of an iPhone floating in

front of his face. He and his team discovered it

through this exhaustive process of building

prototype after prototype.

Page 14: Roadmap – The Way to Do it Successfully

Horizon two roadmap shall consist of

strategic themes based on market

insight and the chosen strategy.

2014 Roadmap - The Way to Do It Successfully

Page 15: Roadmap – The Way to Do it Successfully

Horizon 3 – Do we have vision about future

markets?

2020 World leading provider of - 3D printing ecosystem utilization - Autonomous vehichles - Virtual personal assistants .

2019 Steady growth continuous in areas of - Prescriptive analytics - Sw-defined this and that - 3D bioprinting

2018 Applications for big data utilization - Enterprise 3D printing – aaS - Cloud computing for 3rd world thru mobile

2017 Start of the new era: - Data gathering capabilities for big data. - Consumer 3D printing - aaS - Cloud computing apps

2014 Roadmap - The Way to Do It Successfully

Page 16: Roadmap – The Way to Do it Successfully

“If everything you do needs to work on a

three-year time horizon, then you are

competing against a lot of people. But if

you're willing to invest on a seven-year time

horizon, you're now competing against a

fraction of those people, because very few

companies are willing to do that.”

Jeff Bezos, CEO of Amazon

2014 Roadmap - The Way to Do It Successfully

Page 17: Roadmap – The Way to Do it Successfully

What do these companies have in common?

Roadmap - The Way to Do It Successfully 2014

Page 18: Roadmap – The Way to Do it Successfully

Product management today …

Roadmap - The Way to Do It Successfully 2014

Product

Marketing

Product

Planning Buyer User

Our

company

Eco-system

(partners) Business

modeling

Page 19: Roadmap – The Way to Do it Successfully

Roadmap - The Way to Do It Successfully 2014

How to create a roadmap

Page 20: Roadmap – The Way to Do it Successfully

The onion model

Roadmap - The Way to Do It Successfully 2014

Vision

Product

Strategy

Tactics

Page 21: Roadmap – The Way to Do it Successfully

Roadmapping is team work

Roadmap - The Way to Do It Successfully 2014

Page 22: Roadmap – The Way to Do it Successfully

Getting started

Roadmap - The Way to Do It Successfully 2014

1. Describe the current product

Picture by Prodpad

Page 23: Roadmap – The Way to Do it Successfully

Getting started

Roadmap - The Way to Do It Successfully 2014

1. Describe the current product

2. Gather needs and

ideate

Picture by Prodpad

Page 24: Roadmap – The Way to Do it Successfully

Getting started

Roadmap - The Way to Do It Successfully 2014

1. Describe the current product

2. Gather needs and

ideate

3. Group the ideas

to themes

4. Prioritize and create

your roadmap

Picture by Prodpad

Page 25: Roadmap – The Way to Do it Successfully

Continuous and iterative process

Roadmap - The Way to Do It Successfully 2014

Vision (Yearly)

Strategy (quarterly)

Tactics (continuously)

Page 26: Roadmap – The Way to Do it Successfully

A good roadmap…

is…

Value-driven

Evolving

An informative

communication tool

A shield against reactive

product development

(sales promises, loudest

voice, “higher orders”,

complaints)

is NOT…

Commitment

Project/release plan

A wish list

Out-dated

Roadmap - The Way to Do It Successfully 2014

Page 27: Roadmap – The Way to Do it Successfully

Roadmap presents the insight YOU provide to

the company

Roadmap - The Way to Do It Successfully 2014

Strategic

Operative

Developers

Leadership team

Sales and Marketing

Page 28: Roadmap – The Way to Do it Successfully

Roadmap - The Way to Do It Successfully 1

Roadmap - The Way to Do It Successfully 2014

Listen to your

customers!

Page 29: Roadmap – The Way to Do it Successfully

Roadmap - The Way to Do It Successfully 2

Roadmap - The Way to Do It Successfully 2014

Test your

assumptions!

Picture by Mikko Jäppinen, Palmu Inc.

Page 30: Roadmap – The Way to Do it Successfully

Roadmap - The Way to Do It Successfully 3

Roadmap - The Way to Do It Successfully 2014

Find the right

problems!

Page 31: Roadmap – The Way to Do it Successfully

2014 Roadmap - The Way to Do It Successfully

Kiitos!

Tack!

Thank You!

Harri Pendolin

[email protected]

www.prodman.fi