Category Archives: Product Development

Are Your Proposals Hitting the Mark? How to Calculate and Improve Your Success Ratio

You and your team pour hours, days, sometimes weeks into crafting detailed proposals. You hit submit, cross your fingers, and wait. Sometimes you win, sometimes you lose. But do you actually know how often you’re successful? When I ask clients, ‘What’s your win rate?’, I often get answers based on gut feelings or recent memory – “We win a fair few,” or “We lost a big one last month.” Relying on anecdotes isn’t a strategy; it’s flying blind, hoping for the best without truly understanding your performance.

NEW – Product Design Specification Template

This week Laura and the team created a new Product Design Specification template. This is one of our series of templates related to product development, so if you’re interested in this area, please take a look at the product requirements specs and the user story template.

NEW TEMPLATE: Product Requirements Document (MS Office)

Today, we’re all working on projects. And most of those projects concern products. As consumers increasingly lean towards mobile devices and apps to use on-the-go, the demand to develop niche products to address this demand continues to rise.
This means that if you work in product development, or plan to move into this space, understanding how to spec out your product is essential. Our product-driven feature-rich culture requires tools like Product Requirements Documents to help teams align on product vision, features, and success criteria before and during development. So, where do you start?