What is a Program Development?
A program development is a strategic plan which outlines the objectives, goals, and actions needed to develop a product or service. It is the blueprint for product or service development and is essential for successful product/service delivery. It helps product managers, teams, and stakeholders to stay focused and organized throughout the development process.
What's included in this Program Development template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Program Development template for?
The Program Development template is for product managers, teams, and stakeholders across all industries who want to plan and develop a new product or service. It can be used to map out the objectives and actions needed to create, develop, and launch the product/service. It is also a useful tool for tracking progress and staying focused on the end goal.
1. Define clear examples of your focus areas
A focus area is a section of a program development that outlines the objectives, goals, and actions needed to achieve a certain outcome. It is important to have clear focus areas that are relevant to your product or service. For example, a focus area could be 'Increase Revenue' or 'Improve Product Quality'.
2. Think about the objectives that could fall under that focus area
Objectives are the measurable goals that need to be achieved in order to accomplish the focus area. Examples of some objectives for the focus area of Improve Product Quality could be: Increase customer satisfaction, and Reduce product defects.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable targets that can be used to track progress towards achieving the objective. An example of a KPI for the focus area of Improve Product Quality could be: Decrease customer dissatisfaction rate from 10% to 5%. KPIs should be specific, measurable, and achievable.
4. Implement related projects to achieve the KPIs
Projects (actions) are the initiatives that need to be completed in order to achieve the KPIs. Projects should be achievable, relevant, and specific. An example of a project related to Improve Product Quality could be: Implement feedback loop.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform that helps product managers, teams, and stakeholders to quickly and effectively plan, develop, and launch products/services. Cascade provides a streamlined, automated program development process, enabling teams to achieve their goals faster and with more accuracy.