Case Study: Product Development
Client / Situation / Assignment
- Largest new communications company in Latin America.
- Aiming to dominate its target market segments with an outstanding range of communication products and services.
- We were responsible for:
- Assisting in identifying optimum product portfolios, roll-out strategies, and tactics;
- Establishing product development processes;
- Producing the specifications for the launch of the range of key core products (which focused on IP protocol and other data technologies).
Approach / Methodology
- Analyze the aims, requirements, and planned capabilities of the client given the prevailing market conditions.
- Establish and document optimum product development processes.
- Develop and evaluate with client and equipment vendors alternative product offers.
- Determine best practicable solutions.
- Write product descriptions for key launch products.
Analysis
- Analyze client requirements and capabilities:
- Assess business goals and strategy in light of planned operational capability.
- Consider prevailing business goals and structure to determine the most effective product development processes.
- Review product options and the associated strategic and operational implications.
- Confirm that the final product descriptions provide the optimum solutions from the client’s perspective.
Result
- Identification of further important strategic issues.
- Proposed new strategic and operational concepts to strengthen the competitive position of the client.
- Product development processes we produced were adopted as standard procedures by the client for all its future product development work.
- Key product descriptions - the first for the client - completed on schedule and approved by all client departments.