At JetStyle, we believe that in the next 10 years product development approach is going to be the benchmark of management and automation. Why so?
Before product approach was invented, project-based approach reigned. A project is a series of actions aimed at changing something, e.g. a business. When you see the changes, your project is done. This is the core difference between a project-based and product approach. The latter is focused on maintaining continuous change. When a product evolves, it brings more profit.
What are the key features of the product-based process?
- It is data-driven.
We use data to check on a business’s growth and implement changes at early stages.
- It is fast and incremental.
The business aims to expand its grounds, win new audiences, earn more money during the least possible amount of time.
- It is iteration-based.
Instead of working for a long time and then releasing the product, we deliver value each and every sprint.
To sum up, the product development approach is a combination of three main ideas:
Incremental changes + relying on data + developing a business fast.
Let’s chat to know if the product approach is relevant for your business. We are available at email@example.com or via our social media DMs.