Product Management: It’s more than just MRDs and PRDs

Every successful product should have a Marketing Requirements Document (MRD)and a Product Requirements Document (PRD) that together define the overall purpose, scope and goals for the product and its stakeholders – the firm, its end customers and its shareholders. Product Management: Achilles’ heel   Very few companies, champion internal processes or a work culture where …

Ideal Product Features: Emotional or Rational ?

From my observations and analysis I have found that any decision by a buyer (consumer) to buy a product or service is based upon either of the two choices: 1. A Rational process of elimination: Where in the buyer will compare products based on price, features, benefits…. and then make a decision on whether to …