{"id":6797,"date":"2017-02-01T10:54:09","date_gmt":"2017-02-01T16:54:09","guid":{"rendered":"https:\/\/actuationconsulting.com\/?p=6797"},"modified":"2018-06-28T14:55:57","modified_gmt":"2018-06-28T19:55:57","slug":"product-development-team-incentives","status":"publish","type":"post","link":"https:\/\/actuationconsulting.com\/product-development-team-incentives\/","title":{"rendered":"Product Development Team Incentives"},"content":{"rendered":"

For any product development to succeed, there needs to be a strong alignment of product management, user experience, and engineering. Without having these elements on the same page and working toward common goals, everyone is likely to be heading off in a different direction. It\u2019s not efficient and it won\u2019t lead your company where it wants to go.<\/p>\n

However, before you can get people working together in unison, rethink how these groups \u2013 project management, product management, user experience, and engineering \u2013 see themselves. Rather than maintaining separate functional \u201cfiefdoms,\u201d they need to come together as one cohesive team. As one team, they will share responsibility for pushing product development activity along with a shared set of goals and incentives.<\/p>\n

Incentivizing the Product Development Teams<\/strong><\/h2>\n

Aligned incentives are vital to getting people who formerly considered themselves part of a stand-alone team to instead focus on common objectives. Incentives offered should not be linked to when their individual goals are reached. Instead, the focus needs to be on meeting shared goals. That\u2019s when the company will benefit most. It\u2019s also when project management, product management, and engineering groups will too. It should also be noted that not all employees are financially motivated. So it is important that the management team has a strong grip on what drives employee behaviors.<\/p>\n

The Four Essential Shared Goals <\/strong><\/h2>\n

There are four key goals that every combined development team should strive\u00a0to meet before the company hands out incentives to employees:<\/p>\n

1 \u2013 Enable achievement of the organization\u2019s projected sales and margin rates<\/p>\n

2 \u2013 Publish product roadmaps that are 100% resourced<\/p>\n

3 \u2013 Attain\u00a0customer-facing roadmap deliverables (Example: on time, on scope, and on budget execution)<\/p>\n

4 \u2013 Attain compliance with your organizations product lifecycle management process<\/p>\n

In my next post, I will break down each of the four essential shared goals listed above. You\u2019ll soon see how sharing goals can positively impact the overall success of your entire product development process. In addition, it will help your team stand out to management for the exceptional work it\u2019s done.<\/p>\n

Advancing the Profession of Product Management\u2122<\/strong>
\nwebsite<\/a>\u00a0I\u00a0consulting<\/a>\u00a0I\u00a0training<\/a>\u00a0I\u00a0toolkits<\/a>\u00a0I\u00a0books<\/a>\u00a0I\u00a0blog<\/a>\u00a0I\u00a0twitter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

For any product development to succeed, there needs to be a strong alignment of product management, user experience, and engineering. Without having these elements on the same page and working …<\/p>\n","protected":false},"author":1,"featured_media":6805,"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":[41,449,42,46,362,48,49,50,51,52,248],"tags":[56,337,105,154,387,161,194,197,346],"class_list":["post-6797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agile","category-alignment","category-business-analysis-2","category-product-management","category-product-manager","category-product-marketing","category-product-owner-2","category-product-teams","category-project-management","category-scrum","category-take-charge-product-management","tag-actuation-consulting","tag-agile","tag-greg-geracie","tag-product-development","tag-product-development-team","tag-product-management-2","tag-product-owner","tag-product-team","tag-take-charge-product-management"],"yoast_head":"\nProduct Development Team Incentives - Actuation Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/actuationconsulting.com\/product-development-team-incentives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Product Development Team Incentives - Actuation Consulting\" \/>\n<meta property=\"og:description\" content=\"For any product development to succeed, there needs to be a strong alignment of product management, user experience, and engineering. 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