What is a product launch checklist? A product launch checklist is a list of action items that need to be completed in order to successfully release a new product to consumers.
It helps you think through the steps, processes and assets that you and a team need to complete prior to any product launch.
What’s a design challenge
What Is A Design Challenge? Design challenges are exercises or competitions that designers can do to boost creativity, create positive habits, and learn new methods for brainstorming design projects.
What causes production bottlenecks
Business process bottlenecks occur when demand outweighs production capacity. Bottlenecks can happen for any number of reasons, such as out-of-date equipment, inefficient labor, or scarce resources.
There are two main types of bottlenecks: Short-term bottlenecks – These are caused by temporary problems.
What are the 5 critical success factors?
- Strategic Focus
- People
- Operations
- Marketing
- Finances
What are the biggest bottlenecks?
- 5 factors that create bottlenecks
- Inefficient time management
- A lack of money
- Too much noise
- A small (or nonexistent) network
- Growing too much too soon
What are bottlenecks examples?
- Ill-defined processes and poorly designed workflows
- Key human resources shortfalls that bring production to a halt
- Machine capacity cannot meet demand
- Lack of automation
- Poor forecasting
What are the four 4 main areas that cause bottlenecks?
- Engineering
- Inventory
- Customers
- Management
What are the 7 P’s of marketing
It’s called the seven Ps of marketing and includes product, price, promotion, place, people, process, and physical evidence.
What is market viability
Market viability refers to the business potential of a specific market. A market viability analysis will help you determine whether starting a business in that particular market makes sense financially.
What is a launch strategy
What is a product launch strategy? A product launch strategy is a planned effort to launch a new product in a market.
The goal of most businesses is to launch something and get as much growth and traction as quickly as possible.
Many steps, actions, and people are involved in a project launch process.
What are extension strategies
An extension strategy is a practice used to increase the market share for a given product or service and thus keep it in the maturity phase of the marketing product lifecycle rather than going into decline.
Extension strategies include rebranding, price discounting and seeking new markets.
How do you frame a challenge?
- State the Problem to Address
- Hypothesize Who Experiences the Problem
- Reframe the Problem into an Inspiring Challenge
- Check the Challenge
- Revise the Challenge (if necessary)
- State the Problem to Address
- Hypothesize Who Experiences the Problem
- Reframe the Problem into an Inspiring Challenge
What is a white board challenge
This is a design challenge where you walk through your design process using a whiteboard and marker.
The whiteboard challenge allows your interviewer to evaluate your design thinking and ability to collaborate in a short amount of time, usually 30 minutes to an hour.
References
https://www.marketing91.com/product-failure/
https://www.pragmaticinstitute.com/resources/articles/product/the-four-key-hurdles-to-successful-product-launches/
https://www.mbatuts.com/production-planning-control/
