To thrive in a new digital world, new approaches are required. Digital Product Management (DPM) represents a set of practices for adapting technology management to today’s digital realities. As part of Value Stream Management, DPM helps teams ensure they’re funding their most valuable initiatives and demonstrating maximum ROI.
Value Stream Management is nothing new—it’s been around for years— but recently it piqued the interest of business executives, who often feel removed from the black box known as DevOps. In order to reach their VSM destinations, many enterprises start with DPM.
Shifting your focus to DPM is a strategic imperative. It is also essential to the success of your digital transformation. Here are the steps to making it happen.
You need to make DPM work for your organization, not the other way around. That’s why it’s vital to ensure you have a way to organize your people, work, and money around investments. With the right DPM solution like Clarity, you can align fiscal periods around your corporate calendar, and use the terminology you have been using, whether you refer to assets as products, projects, platforms, or anything else.
Planning has to happen fast. However, it’s vital to keep plans connected with teams, tasks, and budgets. By establishing these connections, you can gain a complete, 360-degree view of all the efforts in play.
It’s vital to link business outcomes to customer needs, and ensure strategic roadmaps stay aligned with these evolving requirements. By relying on real-time data—rather than guesswork—your team can make smarter decisions.
More than ever, it’s essential to connect the organization’s operational and delivery value streams. This approach enables developer teams to optimize delivery, while retaining autonomy. With added transparency, these teams better understand how their product affects the overall business, boosting trust, collaboration, and morale.
Value Stream Management (VSM) has emerged as a strategic and urgent imperative. In order to reach their VSM destinations, many enterprises start with DPM and a solution like Clarity. Find out more about making this move, and how your teams benefit by focusing on products rather than one-off projects.