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Enterprise Risk Management Portfolio
 
With the increase in government regulations and risks of various types mounting internally and externally, organizations of all sizes around the globe; across the industries, are going through the increasing pressure from the interested parties. Complexity in the business processes, overlapping roles and responsibilities, discrete and silo information and lack of adequate skilled resources to accomplish the requirements, makes it very difficult to maintain the initiatives. The mandate on processes and frequencies of internal and external auditing requirements makes it next to impossible for the traditional manual auditing.

Numerous frameworks, standards, best practices along with the organizational objectives, though intended to improve the process, complicates the system instead.


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Business Optimization Portfolio
 
In the technology industry, product managers aren’t focusing enough on strategic inbound activities rather they are distracted by too many tactical inbound activities. Strategic responsibility in one way helps a product manager in delivering useful product to its customers on time.

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Product Manager’s Day IN/Day OUT

SAM a Product Manager, often spends most of his time in tactical decision making. He rarely gets time to think about strategies. On an average day, this is how he spends his time:

7:00 AM - 8:30 AM
Conference calls, demos with customers at other parts of the world

8:30 AM - 9:30 AM
Drive to Office; Sam thinks about various Strategies on the drive. He thinks of documenting strategies once there at the office

9:30 AM - 12:00 PM
Once at the office, he gets lost in the emails and voice mails that are waiting for the Sam’s response and replying to Instant message pings from Sales/Marketing/Dev teams. He completely forgets about the strategies he thought to document on his drive to office.

12:00 PM – 12:15 PM Break for coffee

12:15 PM – 1:00 PM
Meeting with development manager – discuss about various bugs, performance issues

1:00 PM – 2:00 PM Lunch Break

2:00 PM – 4 PM
Few more emails, answer them. Prepare presentations; think about features, road maps, requirements management etc.

4:00 PM – 7 PM
Track development status, daily build status, calls with customers, more emails, more Instant messages and coordinates with Sales team.

7 PM – 8 PM
way back to home; Sam again thinks about strategies on the drive. But he forgets everything when turns to office the next day.

Even after 8, he continues his work from home replying emails, and does a bit of blogging.
We believe there are many such Sam’s, who’ve been facing the heat and cursing themselves for not allotting sufficient time in strategic decision making while developing the product. For technology companies, product managers need to focus more on the strategic inbound tasks than being distracted by too many tactical demands.

EXPERT COMMENTS

Product Managers Are Working On The Wrong Things

http://www.forrester.com/Research/Document/
Excerpt/0,7211,45046,00.html

The End Of Product Development

http://www.forrester.com/Research/Document/
Excerpt/0,7211,45118,00.html

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