{"id":5994,"date":"2015-12-09T11:56:47","date_gmt":"2015-12-09T17:56:47","guid":{"rendered":"https:\/\/actuationconsulting.com\/?p=5994"},"modified":"2015-12-09T11:56:47","modified_gmt":"2015-12-09T17:56:47","slug":"a-closer-look-at-core-product-team-size-and-performance","status":"publish","type":"post","link":"https:\/\/actuationconsulting.com\/a-closer-look-at-core-product-team-size-and-performance\/","title":{"rendered":"Core Product Team Performance and Size"},"content":{"rendered":"<p>In our latest market research we asked two questions related to core product teams. By &#8220;core&#8221; we mean the central members who play a day-to-day role in product development activities. The first question focused upon the actual size of each company&#8217;s core product team and the second focused upon how product team members perceive their own performance. Let&#8217;s start by looking at size of the core product team.<\/p>\n<h2>Size of\u00a0Core Product Team<\/h2>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" data-attachment-id=\"5995\" data-permalink=\"https:\/\/actuationconsulting.com\/a-closer-look-at-core-product-team-size-and-performance\/table1-min\/\" data-orig-file=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?fit=1035%2C257&amp;ssl=1\" data-orig-size=\"1035,257\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Size of Core Product Team\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Size of Core Product Team&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?fit=300%2C74&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?fit=1024%2C254&amp;ssl=1\" class=\"wp-image-5995 lazyload\" data-src=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?resize=914%2C227&#038;ssl=1\" alt=\"Actuation Consulting, the World's Leading Product Management Training and Consulting Organization\" width=\"914\" height=\"227\" data-srcset=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?w=1035&amp;ssl=1 1035w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?resize=300%2C74&amp;ssl=1 300w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?resize=1024%2C254&amp;ssl=1 1024w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?resize=900%2C223&amp;ssl=1 900w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table1-min.png?resize=100%2C25&amp;ssl=1 100w\" data-sizes=\"(max-width: 914px) 100vw, 914px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 914px; --smush-placeholder-aspect-ratio: 914\/227;\" \/><\/p>\n<p>The sizes of the core product teams in our respondents\u2019 organizations vary greatly. Core product teams of five to nine members \u2013 a size often cited as the ideal team size \u2013 hold the largest percentage (35.7%). Percentages for those teams having one to four members and those with ten to thirty members are nearly identical at 25% and 25.9% respectively. Core product teams consisting of thirty or more employees are decidedly in the minority, representing just 13.4% of respondents\u2019 companies.<\/p>\n<p>The data also shows that the majority (42%) of companies with under $50M in annualized revenue are composed of one to four team members. Companies with $50M to $499M in revenue indicate their teams are comprised of 10 to 30 team members (36.5%). Companies with over $500M in revenue favor teams with between five to nine members, as do companies over $2B.<\/p>\n<h2>Performance Against Organizational Expectations<\/h2>\n<p style=\"text-align: center;\"><img data-recalc-dims=\"1\" decoding=\"async\" data-attachment-id=\"5996\" data-permalink=\"https:\/\/actuationconsulting.com\/a-closer-look-at-core-product-team-size-and-performance\/table2-min\/\" data-orig-file=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?fit=1033%2C279&amp;ssl=1\" data-orig-size=\"1033,279\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"What Product Team Members Say About Their Own Performance\" data-image-description=\"&lt;p&gt;What Product Team Members Say About Their Own Performance&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;What Product Team Members Say About Their Own Performance&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?fit=300%2C81&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?fit=1024%2C277&amp;ssl=1\" class=\"wp-image-5996 lazyload\" data-src=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?resize=914%2C247&#038;ssl=1\" alt=\"Actuation Consulting, the World's Leading Product Management Consulting and Training Organization\" width=\"914\" height=\"247\" data-srcset=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?w=1033&amp;ssl=1 1033w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?resize=300%2C81&amp;ssl=1 300w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?resize=1024%2C277&amp;ssl=1 1024w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?resize=900%2C243&amp;ssl=1 900w, https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/table2-min.png?resize=100%2C27&amp;ssl=1 100w\" data-sizes=\"(max-width: 914px) 100vw, 914px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 914px; --smush-placeholder-aspect-ratio: 914\/247;\" \/><\/p>\n<p>The vast majority of respondents believe strongly that their core product team delivers value. The issue is one of consistency: a solid 38.7% believe they are consistent in fulfilling the scope and schedule planned for projects and delivering results within budget; unfortunately, nearly half (47.3%) believe their team lacks consistency in meeting organizational expectations. The remaining 14% of respondents state their teams do not deliver value: 11.2% own up to meeting expectations only sporadically while 2.8% acknowledge falling short of expectations more often than not.<\/p>\n<h2 style=\"text-align: left;\">Conclusion<\/h2>\n<p style=\"text-align: left;\">While we did not find a direct correlation between the size of a\u00a0core product team and performance it is interesting to note that only 38.7% of core product teams state that they deliver value <em>consistently<\/em>. There is clearly plenty of room for improvement!<\/p>\n<p style=\"padding-left: 60px; text-align: center;\"><strong>Advancing the Profession of Product Management\u2122<\/strong><br \/>\n<a href=\"https:\/\/actuationconsulting.com\/\">website<\/a> I <a href=\"https:\/\/actuationconsulting.com\/product-management-consultants\/\">consulting<\/a> I <a href=\"https:\/\/actuationconsulting.com\/product-management-training\/\">training<\/a> I <a href=\"https:\/\/actuationconsulting.com\/product-management-toolkits\/\">toolkits<\/a> I <a href=\"http:\/\/www.amazon.com\/Take-Charge-Product-Management-Effectiveness\/dp\/0615379273\">books<\/a> I <a href=\"https:\/\/actuationconsulting.com\/product-management-blog-2\/\">blog<\/a> I <a href=\"https:\/\/twitter.com\/greggeracie\">twitter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In our latest market research we asked two questions related to core product teams. By &#8220;core&#8221; we mean the central members who play a day-to-day role in product development activities. &#8230;<\/p>\n","protected":false},"author":1,"featured_media":6008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[316,41,42,43,46,47,48,49,50,51,52,248,53,54],"tags":[56,337,105,154,161,342,182,194,197,205,346,344],"class_list":["post-5994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-316","category-agile","category-business-analysis-2","category-lean","category-product-management","category-product-management-facts","category-product-marketing","category-product-owner-2","category-product-teams","category-project-management","category-scrum","category-take-charge-product-management","category-the-study-of-product-team-performance","category-user-experience","tag-actuation-consulting","tag-agile","tag-greg-geracie","tag-product-development","tag-product-management-2","tag-product-management-facts","tag-product-manager","tag-product-owner","tag-product-team","tag-project-management-2","tag-take-charge-product-management","tag-the-study-of-product-team-performance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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