In traditional management, a manager who promises to deliver something and fails to do so is in trouble. There are only two possible explanations: a failure of execution or a failure to plan appropriately.
nuggets
Return on Investment
The word “Return” in the phrase Return on Investment (ROI) is the value that is perceived in the following form either by the product user or the producer.
- An interest in the principal
- A dividend
- Capital gain
- Saved time
- Saved money
- Entertainment
- Good health
- Social health
- Added knowledge
- Increment in one’s status
- Charitable benefits
- Learning from an experiment
Vision
Vision is a long thread. Value is the individual pearls you attach as you progress. Vision provides a foundation and direction, but without the pearls attached to it, there is no value.
“The Professional Product Owner” – By Don McGreal and Ralph Jocham