Applying proven industry practices & strategies to fully leverage your product management organization
Product Management is critical to uphold these perspectives and ensure optimal oversight of products throughout the firm. With our Product Management solution, clients strengthen their value proposition and differentiators in support of their customers’ best interests. Our solution empowers key constituents within the organization to have a “voice at the table” as it pertains to product development, enhancements, prioritization, operational readiness, rollout, and innovation.
Our industry practitioners and management consultants bring an in-depth understanding of products and services to every client engagement. This knowledge spans all market segments within the Retirement Services industry. Enterprise Iron works closely with clients to understand their business goals and objectives to measure, plan and build scalable product offerings and governance processes.
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Mature product organizations are accountable for all the products, features, and capabilities that impact the end-user. They embody these three key voices:
The Customer: “What does the market demand?”
The Business: “Does the product offering meet business goals and objectives?”
The Service: “How to deliver the product offering effectively and efficiently?”
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The Pulse Of The Organization
At Enterprise Iron, we partner closely with our clients to:
Develop effective product strategy
Inventory and catalog product offerings
Conduct market segmentation due diligence
Develop or refine product governance
Perform vendor searches and assessments
Define the Minimum Viable Offering (MVO)
Create a multi-year product roadmap
Construct tools that promote continuity
Establish metrics to track product adoption
Implementation and execution support
Our team of SMEs helped our client to launch a participant decumulation strategy that also aligned with their asset retention strategy.
We expertly completed a mid-to-large plan market Minimum Viable Offering (MVO) assessment for our client, a Defined Contribution recordkeeper.
Our expert Product Review identified gaps in this client’s product offering and drove customers to the preferred offering.