{"id":7207,"date":"2017-11-13T14:54:55","date_gmt":"2017-11-13T20:54:55","guid":{"rendered":"https:\/\/actuationconsulting.com\/?p=7207"},"modified":"2017-11-13T14:54:55","modified_gmt":"2017-11-13T20:54:55","slug":"product-development-methodology-profitability","status":"publish","type":"post","link":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/","title":{"rendered":"Key Performance Indicator: Development Method & Profitability"},"content":{"rendered":"

Today we\u2019ll look at the second key performance indicator revealed in the findings of the latest Global Study of Product Team Performance<\/em><\/a>.<\/p>\n

#2 Key Performance Indicator (KPI)<\/strong><\/h2>\n

Respondents Unable to Associate a Product Development Methodology with Product Profitability are Unlikely to be on a High Performing Team.<\/strong><\/h3>\n

Analysis of the latest data illustrates an important point: Product team members who cannot project which product development methodology would make their products more profitable are more likely to be in organizations that perform poorly.<\/p>\n

We cannot say exactly why this is. However it suggests that lack of exposure to modern methodologies may be to blame. This includes teams that have been locked into Waterfall and have not yet tried Agile. It can also include teams that are basically in chaos and don\u2019t have any coherent methodology.<\/p>\n

\u201cBad Agile\u201d<\/strong><\/h3>\n

On the other hand, there\u2019s a lot of \u201cbad Agile\u201d out there. These are methodologies that are Agile in name only, not in practice or in spirit. Such a situation could lead a team to believe that nothing will help.<\/p>\n

Regardless of its root, the second key performance indicator is a remarkable conclusion. It is highly significant to be able to identify the connection between how team members do their work and product profitability.<\/p>\n

Next Week: #3 Key Performance Indicator <\/strong><\/h2>\n

Watch for next week\u2019s blog post when we will discuss the third of six key performance indicators of high performing teams.<\/p>\n

Recap of First Key Performance Indicators:<\/strong><\/p>\n

    \n
  1. High performing teams have a clear definition of \u201cdone\u201d.<\/a><\/li>\n
  2. Respondents unable to associate a product development methodology with product profitability are unlikely to be on a high performing team.<\/li>\n<\/ol>\n

     <\/p>\n

    Advancing the Profession of Product Management\u2122<\/strong>
    \n    website<\/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":"

    Today we\u2019ll look at the second key performance indicator revealed in the findings of the latest Global Study of Product Team Performance. #2 Key Performance Indicator (KPI) Respondents Unable to …<\/p>\n","protected":false},"author":1,"featured_media":7218,"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":[41,42,424,425,46,47,362,48,49,50,52,248,53,54],"tags":[56,337,88,426,182,346],"class_list":["post-7207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agile","category-business-analysis-2","category-key-performance-indicator","category-kpi","category-product-management","category-product-management-facts","category-product-manager","category-product-marketing","category-product-owner-2","category-product-teams","category-scrum","category-take-charge-product-management","category-the-study-of-product-team-performance","category-user-experience","tag-actuation-consulting","tag-agile","tag-development-manager","tag-key-performance-indicator","tag-product-manager","tag-take-charge-product-management"],"yoast_head":"\nKey Performance Indicator: Development Method & Profitability - Actuation Consulting<\/title>\n<meta name=\"description\" content=\"Today we\u2019ll look at the 2nd key performance indicator derived from our regression analysis: connecting product development methodology and profitability\" \/>\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-methodology-profitability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Performance Indicator: Development Method & Profitability - Actuation Consulting\" \/>\n<meta property=\"og:description\" content=\"Today we\u2019ll look at the 2nd key performance indicator derived from our regression analysis: connecting product development methodology and profitability\" \/>\n<meta property=\"og:url\" content=\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/\" \/>\n<meta property=\"og:site_name\" content=\"Actuation Consulting\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TrainandConsult\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-13T20:54:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"475\" \/>\n\t<meta property=\"og:image:height\" content=\"317\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"greg@actuationconsultingllc.com\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"greg@actuationconsultingllc.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/\"},\"author\":{\"name\":\"greg@actuationconsultingllc.com\",\"@id\":\"https:\/\/actuationconsulting.com\/#\/schema\/person\/fa8e4bafc2385fec4d5d1c2a99daba3d\"},\"headline\":\"Key Performance Indicator: Development Method & Profitability\",\"datePublished\":\"2017-11-13T20:54:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/\"},\"wordCount\":300,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/actuationconsulting.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1\",\"keywords\":[\"actuation consulting\",\"Agile\",\"Development Manager\",\"Key performance indicator\",\"product manager\",\"Take Charge Product Management\"],\"articleSection\":[\"Agile\",\"Business Analysis\",\"Key performance indicator\",\"kpi\",\"Product Management\",\"Product Management Facts\",\"product manager\",\"Product Marketing\",\"Product Owner\",\"Product Teams\",\"Scrum\",\"Take Charge Product Management\",\"The Study of Product Team Performance\",\"User Experience\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/\",\"url\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/\",\"name\":\"Key Performance Indicator: Development Method & Profitability - Actuation Consulting\",\"isPartOf\":{\"@id\":\"https:\/\/actuationconsulting.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1\",\"datePublished\":\"2017-11-13T20:54:55+00:00\",\"description\":\"Today we\u2019ll look at the 2nd key performance indicator derived from our regression analysis: connecting product development methodology and profitability\",\"breadcrumb\":{\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1\",\"width\":475,\"height\":317,\"caption\":\"Product Development Methodology and Profitability\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/actuationconsulting.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Key Performance Indicator: Development Method & Profitability\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/actuationconsulting.com\/#website\",\"url\":\"https:\/\/actuationconsulting.com\/\",\"name\":\"Actuation Consulting\",\"description\":\"A global leader in product management training and consulting\",\"publisher\":{\"@id\":\"https:\/\/actuationconsulting.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/actuationconsulting.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/actuationconsulting.com\/#organization\",\"name\":\"Actuation Consulting\",\"url\":\"https:\/\/actuationconsulting.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/actuationconsulting.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/actuation_stacked_websm.png?fit=144%2C53&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/actuation_stacked_websm.png?fit=144%2C53&ssl=1\",\"width\":144,\"height\":53,\"caption\":\"Actuation Consulting\"},\"image\":{\"@id\":\"https:\/\/actuationconsulting.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/TrainandConsult\",\"https:\/\/x.com\/TrainandConsult\",\"https:\/\/www.linkedin.com\/company\/actuation-consulting\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/actuationconsulting.com\/#\/schema\/person\/fa8e4bafc2385fec4d5d1c2a99daba3d\",\"name\":\"greg@actuationconsultingllc.com\",\"description\":\"Greg Geracie is the President of Actuation Consulting, the world's leading provider of product management consulting, training, and advisory services. Greg is also the author of the global best seller Take Charge Product Management\u00a9and the Editor-in-Chief of The Guide to the Product Management and Marketing Body of Knowledge\u00a9 (ProdBOK).\",\"sameAs\":[\"https:\/\/actuationconsulting.com\"],\"url\":\"https:\/\/actuationconsulting.com\/author\/gregactuationconsultingllc-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Key Performance Indicator: Development Method & Profitability - Actuation Consulting","description":"Today we\u2019ll look at the 2nd key performance indicator derived from our regression analysis: connecting product development methodology and profitability","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/","og_locale":"en_US","og_type":"article","og_title":"Key Performance Indicator: Development Method & Profitability - Actuation Consulting","og_description":"Today we\u2019ll look at the 2nd key performance indicator derived from our regression analysis: connecting product development methodology and profitability","og_url":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/","og_site_name":"Actuation Consulting","article_publisher":"https:\/\/www.facebook.com\/TrainandConsult","article_published_time":"2017-11-13T20:54:55+00:00","og_image":[{"width":475,"height":317,"url":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1","type":"image\/jpeg"}],"author":"greg@actuationconsultingllc.com","twitter_misc":{"Written by":"greg@actuationconsultingllc.com","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#article","isPartOf":{"@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/"},"author":{"name":"greg@actuationconsultingllc.com","@id":"https:\/\/actuationconsulting.com\/#\/schema\/person\/fa8e4bafc2385fec4d5d1c2a99daba3d"},"headline":"Key Performance Indicator: Development Method & Profitability","datePublished":"2017-11-13T20:54:55+00:00","mainEntityOfPage":{"@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/"},"wordCount":300,"commentCount":0,"publisher":{"@id":"https:\/\/actuationconsulting.com\/#organization"},"image":{"@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1","keywords":["actuation consulting","Agile","Development Manager","Key performance indicator","product manager","Take Charge Product Management"],"articleSection":["Agile","Business Analysis","Key performance indicator","kpi","Product Management","Product Management Facts","product manager","Product Marketing","Product Owner","Product Teams","Scrum","Take Charge Product Management","The Study of Product Team Performance","User Experience"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/","url":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/","name":"Key Performance Indicator: Development Method & Profitability - Actuation Consulting","isPartOf":{"@id":"https:\/\/actuationconsulting.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage"},"image":{"@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1","datePublished":"2017-11-13T20:54:55+00:00","description":"Today we\u2019ll look at the 2nd key performance indicator derived from our regression analysis: connecting product development methodology and profitability","breadcrumb":{"@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#primaryimage","url":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1","contentUrl":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1","width":475,"height":317,"caption":"Product Development Methodology and Profitability"},{"@type":"BreadcrumbList","@id":"https:\/\/actuationconsulting.com\/product-development-methodology-profitability\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/actuationconsulting.com\/"},{"@type":"ListItem","position":2,"name":"Key Performance Indicator: Development Method & Profitability"}]},{"@type":"WebSite","@id":"https:\/\/actuationconsulting.com\/#website","url":"https:\/\/actuationconsulting.com\/","name":"Actuation Consulting","description":"A global leader in product management training and consulting","publisher":{"@id":"https:\/\/actuationconsulting.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/actuationconsulting.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/actuationconsulting.com\/#organization","name":"Actuation Consulting","url":"https:\/\/actuationconsulting.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/actuationconsulting.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/actuation_stacked_websm.png?fit=144%2C53&ssl=1","contentUrl":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/actuation_stacked_websm.png?fit=144%2C53&ssl=1","width":144,"height":53,"caption":"Actuation Consulting"},"image":{"@id":"https:\/\/actuationconsulting.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/TrainandConsult","https:\/\/x.com\/TrainandConsult","https:\/\/www.linkedin.com\/company\/actuation-consulting"]},{"@type":"Person","@id":"https:\/\/actuationconsulting.com\/#\/schema\/person\/fa8e4bafc2385fec4d5d1c2a99daba3d","name":"greg@actuationconsultingllc.com","description":"Greg Geracie is the President of Actuation Consulting, the world's leading provider of product management consulting, training, and advisory services. Greg is also the author of the global best seller Take Charge Product Management\u00a9and the Editor-in-Chief of The Guide to the Product Management and Marketing Body of Knowledge\u00a9 (ProdBOK).","sameAs":["https:\/\/actuationconsulting.com"],"url":"https:\/\/actuationconsulting.com\/author\/gregactuationconsultingllc-com\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/actuationconsulting.com\/wp-content\/uploads\/key-performance-indictor-e1510606320718.jpg?fit=475%2C317&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5S2rl-1Sf","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/posts\/7207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/comments?post=7207"}],"version-history":[{"count":10,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/posts\/7207\/revisions"}],"predecessor-version":[{"id":7217,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/posts\/7207\/revisions\/7217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/media\/7218"}],"wp:attachment":[{"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/media?parent=7207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/categories?post=7207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/actuationconsulting.com\/wp-json\/wp\/v2\/tags?post=7207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}