What is a Product — A Strategy Perspective — II

What is a Product — A Strategy Perspective — II

In the article, What is a Product — A Strategy Perspective-I, we looked at why a product mindset helps an organization build software effectively. The mathematical equations showed economies of scale are inherent in building products. We also suggested two characteristics for products:

We intend to provide the same services to a large number of customers.We want every customer to realize different value perceptions of the same product.

Counterintuitiv...