Build, Buy, or Shut It Down

Make tough decisions when it comes to your products.

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A Workshop Is Not…

  • A “talk-shop”, lecture, or monologue.
  • A session where Info-Tech does all the work. We work with our members.
  • An engagement of more than 4 days.

A Workshop Is…

  • A set of facilitated activity-based exercises aimed at helping our members and their teams make key business decisions.
  • Collaborative discussion meant to drive consensus and decision making between Business leaders around digital directions.
  • Pre-packaged in scope to be delivered within 1-week and built off Info-Tech’s best practice research.

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Onsite Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn’t enough, we offer low-cost onsite delivery of our Project Workshops. We take you through every phase of your project and ensure that you have a road map in place to complete your project successfully.

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Module 1: Align Team and Document Strategy

The Purpose

  • Review your portfolio, select the target product area, and outline team roles and responsibilities.
  • Conduct a self-assessment of your product, sales, and marketing capabilities.

Key Benefits Achieved

A self-assessment of your product roadmap strategy using an interview guide presentation and workbook

Activities: Outputs:
1.1 Identify team members, roles, and responsibilities.
  • Product roadmap strategy committee and working team
1.2 Establish timelines and project workflow.
1.3 Modify and document your self-assessment questions and answers according to your company’s strategy.
1.4 Discuss your self-assessment questions and answers in a group interview to summarize and modify your evaluation criteria.
  • Prioritized self-assessment goals and business objectives

Module 2: Validate Initial Insights and Market View

The Purpose

  • Identify product roadmap requirements needed to remedy missing capabilities.
  • Build out evaluation criteria to prioritize products for evaluation.

Key Benefits Achieved

  • Documented internal and external product, partner, and sales requirements
  • Your company’s criteria for investing in a new product line or shutting down a product or service at its end-of-life (EOL)

Activities: Outputs:
2.1 Identify potential product types by market segment, region, and industry based on your self-assessment and objectives.
  • Understanding of market and potential target product types
2.2 Research industry analysts ‘ perspectives on the potential opportunities, competitors, buyer expectations, and market trends.
  • Objective competitive market research
2.3 Establish product criteria and scoring attributes.

Module 3: Schedule and Hold Interviews

The Purpose

  • Identify target products and competitors.
  • Evaluate at least three competing companies.

Key Benefits Achieved

  • A guided workbook evaluation of several competitors or potential products and why they are critical to your company.
  • A prioritized list and profile details of high-priority, high-potential, good-fit candidates.

Activities: Outputs:
3.1 Understand the market and potential target product types.
  • Initial review – answer to the question, “Are we going in the right direction?”
3.2 Create product roadmap criteria based on the competitive market research.
  • Product roadmap criteria validated or adjusted according to what you hear in the market

Module 4: Summarize Findings and Provide Actionable Guidance to Management

The Purpose

  • Present final decision(s).
  • Build, buy (contract), or shut the product down.

Key Benefits Achieved

  • Proposal information based on the key elements of a product’s success or shut down

Activities: Outputs:
4.1 Review all draft findings and rank them against the scoring criteria.
  • Partner evaluations compared against your ranking of each partner
4.2 Product Strategy Refinement
4.3 Executive Review for Approval
  • Executive presentation
4.4 Approach the selected partnership with a proposal.
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