Latest revision as of 18:42, 8 June 2023

Enterprise Elements | Facet and Intersection Elements | Architecture and Experience

Product

What we make, offer and deliver for people's benefit.

Description

Products are the result of our enterprise activity and encompass physical things manufactured and delivered, or services rendered to people. A product can be composed of any combination of physical goods and other tangible and intangible objects. It also includes the activities performed that lead to the production of outputs, and ultimately outcomes desired by the customer or user. They usually refer to something we make, market and deliver to commercial customers, but can also refer to something we make for employees, co-creators or other people.

A product helps people complete a task, and thereby adds value to their lives when used in the right context. It can be physical, digital, and deliver practical, emotional or monetary value.

Creating products requires product planning, management, design, engineering and provision. This typically results in a product strategy and portfolio composed of hierarchical product categories and products, which in turn are broken down into product components or features.

Product Map

Depicting a tree relationship. Also known as Product Portfolio or Product Component Model.

Examples

A car manufacturer makes cars and offers them for leasing or buying with custom loans.
A railway company offers different trains, tickets and discount subscriptions.
A law office offers advice, contract creation and legal representation as services.
A company's HR department offers recruiting and contracting solutions to internal clients.
A public weather service makes data available via a digital interface for other enterprises to use.

Use

Plan, categorise, and build what we make and offer to people.
Product lifecycle management, product portfolio planning, product development, service design and delivery.
Design platforms and services to be used to build and deliver products.

Base element

product is an object

Suggested Labels

physical product, digital product, service, hybrid (tag)
external market, internal (tag)
usage (metric)
satisfaction (metric)
cost (metric)

@@ Line 1: / Line 1: @@
-=<span style="color: #bb27fb;">Product</span>=
+<small>[[Enterprise Elements]] | [[Facet and Intersection Elements]] | {{element|Ar Icon-Architecture|Architecture}} and {{element|Ex Icon-Experience|Experience}}</small>
-'''What we make, offer and deliver for people's benefit.'''
+={{element|Pr Element-Product|Product}}=
-Description
+<span class="Pr Def">What we make, offer and deliver for people's benefit.</span>
-Products are the result of our enterprise activity and encompass physical
-things manufactured and delivered, or services rendered to people. A
-product can be composed of any combination of physical goods and
-other tangible and intangible structures, and activities performed that
-lead to the production of outputs and ultimately outcomes desired by
-the customer or user. They usually refer to something we make, market
-and deliver to commercial customers, but can also refer to something we
-make for employees, co-creators or other people.
-A product helps people complete a task, and thereby adds value to
+==Description==
-their lives when used in the right context. It can be physical, digital, and
+Products are the result of our [[enterprise]] [[activity]] and encompass physical things manufactured and delivered, or [[services]] rendered to [[people]]. A product can be composed of any combination of physical goods and other tangible and intangible [[objects]]. It also includes the activities performed that lead to the production of [[outputs]], and ultimately [[outcomes]] desired by the [[customer]] or user. They usually refer to something we make, market and deliver to commercial customers, but can also refer to something we make for employees, [[co-creators]] or other people.
-deliver practical, emotional or monetary value.
-Creating products requires product planning, management, design,
+A product helps people complete a [[task]], and thereby adds value to their lives when used in the right context. It can be physical, digital, and deliver practical, emotional or monetary value.
-engineering and provision. This typically results in a product strategy
-and portfolio composed of hierarchical product categories and products,
+Creating products requires product planning, management, design, engineering and provision. This typically results in a product strategy and portfolio composed of hierarchical product categories and products, which in turn are broken down into product components or features.
-which in turn are broken down into product components or features.
+==Product Map==
+[[File:EDGY-Product-Map_Product-Portfolio.png|EDGY Product Map / Product Portfolio]]
+Depicting a [[tree]] relationship. Also known as Product Portfolio or Product Component Model.
 ==Examples==
@@ Line 27: / Line 24: @@
 *A law office offers advice, contract creation and legal representation as services.
 *A company's HR department offers recruiting and contracting solutions to internal clients.
 *A public weather service makes data available via a digital interface for other enterprises to use.
 ==Use==
-*Plan, categorise, structure, create, and build what we make and offer to people.
+*Plan, categorise, and build what we make and offer to [[people]].
-*Manage product lifecycle management, product portfolio planning, product development, service design and delivery.
+*Product lifecycle management, product portfolio planning, product development, service design and delivery.
-*Design platforms and services to be used to build and deliver products.
+*Design platforms and [[service|services]] to be used to build and deliver products.
+==Base element==
+*{{element|Pr Element-Product|product}} is an {{element|Element-Object|object}}
 ==Related==
-*[[organisation]] makes [[product]]
+*{{element|Or Element-Organisation|organisation}} makes {{element|Pr Element-Product|product}}
-*[[product]] embodies [[brand]]
+*{{element|Pr Element-Product|product}} embodies {{element|Br Element-Brand|brand}}
-*[[product]] serves [[task]]
+*{{element|Pr Element-Product|product}} serves {{element|Ex Element-Task|task}}
-*[[product]] features in [[journey]]
+*{{element|Pr Element-Product|product}} features in {{element|Ex Element-Journey|journey}}
-*[[product]] requires [[capability]]
+*{{element|Pr Element-Product|product}} requires {{element|Ar Element-Capability|capability}}
-*[[process]] creates [[product]]
+*{{element|Ar Element-Process|process}} creates {{element|Pr Element-Product|product}}
+==Suggested Labels==
+*physical product, digital product, [[service]], hybrid ([[tagging|tag]])
+*external market, internal ([[tagging|tag]])
+*usage ([[metric]])
+*satisfaction ([[metric]])
+*cost ([[metric]])
-==Variants==
+{{#seo:
-*Digital products (apps, websites, services)
+|keywords=EDGY,EDGY Product Map,Product Portfolio
-*Physical products (goods, machines or other items)
+|description=In EDGY, a product is what we make, offer and deliver for people's benefit. EDGY is Intersection Group's Open Source tool for collaborative Enterprise Design.
-*Services delivered over time
+|image=EDGY-Product-Map_Product-Portfolio.png
-*Products and tools developed for internal or partner use
+|image_alt=EDGY Product Map
+}}