Actuation Consulting Product Team Performance Self-Assessment - Product Teams

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Product Team Assessment: Where do you rank?

Actuation Consulting

For the past four years, Actuation Consulting has been surveying product teams worldwide. During that time, our database has grown from hundreds of organizations to thousands. This product team assessment is designed to provide insight into how your organization compares to others in our continuously growing database. The results of this assessment should be viewed as directional in nature although each of the questions and associated responses are based on comprehensive regression analysis. Once you complete the assessment, we will share with you how your organization compares to others in our database. Your assessment results can be used to educate your organization on how well your team compares to high performance product teams worldwide.
1. 1 of 9: How would you rate your product team(s) cross-functional collaboration, trust and communication? *This question is required.
Your Answer: We function as a seamless team.
Congratulations! Only 10% of survey respondents in our database have reached this level of performance. Your product team rocks!
Your Answer: We are pretty united with occasional issues. Your answer is in line with the majority of survey respondents. Two-thirds of responses fall within this category. Only 10% of product teams indicate they have reached the next level of seamless collaboration, trust and communication.
Your Answer: Our collaboration, trust and communication are subpar. Approximately 22% of survey respondents indicate that they are experiencing challenges similar to yours. Awareness of performance issues is the first step to positive change. Product teams at this level of performance have significant opportunities to improve.
Your Answer: We don’t function as a team. Only 1% of organizations are experiencing this level of performance turbulence. Significant issues exist that will likely be resolved only through the active involvement of product team members and senior leadership.
2. 2 of 9: Which of the following best describes your view of executive support for your product team's initiatives? *This question is required.
Your Answer: Unwavering support. Only 12% of respondents in our database achieve this level of support from their executive team. Keep up the great work!
Your Answer: Adequate support. Your answer is consistent with the majority of respondents. Approximately 49% of responses fall into this category. Our regression analysis shows that the highest performing product teams typically enjoy unwavering support from the executive team, but only 12% of teams have attained this level of trust and alignment.
Your Answer: Limited support. Approximately 29% of respondents indicate that they are experiencing challenges similar to yours. Our regression analysis shows that the highest performing product teams typically enjoy unwavering support from the executive team, but only 12% of teams have attained this level of trust and alignment.
Your Answer: Little or no support. Only 9% of organizations are experiencing this level of support. Significant issues exist that will likely be resolved only through the active involvement of product team members and senior leadership.
3. 3 of 9: Do you feel your organization has a coherent business strategy that the product team(s) understand and can act upon? *This question is required.
Your Answer: Yes, we are very aligned. Approximately 37% of respondents indicate that there is a coherent business strategy that the product team can understand and follow. Product teams that understand and can act upon a coherent business strategy have the best chance of achieving high performance.
Your Answer: We have a business strategy, but it’s not well communicated. Approximately 28% of responses fall within this category. Our regression analysis shows that the highest performing product teams typically benefit from understanding a well-designed business strategy that is actionable. Approximately 37% of survey respondents enjoy this level of clarity and alignment with company business strategy.
Your Answer: Our business strategy changes too frequently to be useful. Approximately 26% of respondents indicate that they are experiencing challenges similar to yours. Our regression analysis shows that the highest performing product teams align to a coherent business strategy and can act upon it. Frequent changes to business strategy may be necessary due to dynamic market conditions, but they represent a significant challenge to product teams. Our data show that a frequent change to the business strategy impedes product team performance.
Your Answer: I don’t think we have one. Only 5% of organizations are in a situation similar to yours. The lack of a coherent business strategy is a significant impediment to product team performance. Our regression analysis suggests that understanding the business strategy is highly correlated to increased levels of product team performance.
Your Answer: I am not aware of the business strategy. Approximately 5% of organizations are in a situation similar to yours. The lack of awareness of a coherent business strategy is a significant impediment to product team performance. Our regression analysis suggests that understanding the business strategy is highly correlated to increased levels of product team performance.
4. 4 of 9: How aligned are your product team’s daily priorities to your organization’s business strategies? *This question is required.
Your Answer: Very aligned. Congratulations! Approximately 37% of respondents in our database indicate that their daily priorities are tightly aligned with company business strategy. Product teams in this response category have the best chance of achieving high performance levels. Keep up the great work!
Your Answer: Somewhat aligned. Your answer is in line with the majority of respondents. Approximately 54% of responses fall into this category. Our regression analysis shows that the highest performing product teams indicate that they are very aligned with company business strategy, but only 37% of product teams have attained this level of alignment.
Your Answer: Not aligned. Approximately 7% of respondents indicate that they are experiencing challenges similar to yours. Our regression analysis shows that the highest performing product teams typically enjoy tight alignment of their daily priorities with the company’s business strategy, but only 37% of product teams have attained this level of alignment.
Your Answer: Way off. Approximately 2% of organizations are experiencing this level of misalignment. Significant issues exist that will likely be resolved only with the active involvement of product team members and senior leadership.
5. 5 of 9: Do your product team members stay together after a project’s completion? *This question is required.
Your Answer: Yes. Great! Approximately 67% of survey respondents indicate that their projects are more successful and profitable if the product team’s core members stay together after a specific project’s completion.
Your Answer: No. Approximately 67% of survey respondents indicate that their projects are more successful and profitable if the product team’s core members stay together after a specific project’s completion.
6. 6 of 9: Regardless of methodology used, how effective is your product team at producing actionable requirements and providing them to your development team? *This question is required.
Your Answer: Requirements are consistently at the right level of detail. Congratulations! Only about 15% of respondents in our database indicate that their requirements are consistently at the right level of detail and actionable. Product teams in this response category have the best chance of achieving high performance levels. Keep up the great work!
Your Answer: Requirements are usually at the right level of detail and actionable. Your answer is in line with the majority of respondents. Approximately 52% of responses fall into this category. Our regression analysis shows that the highest performing product teams receive consistently actionable requirements at the right level of detail, but only 15% of product teams have attained this level of consistency.
Your Answer: We struggle to produce adequately detailed and actionable requirements. Approximately 28% of respondents indicate that they are experiencing challenges similar to yours. Our regression analysis shows that the highest performing product teams typically receive consistently actionable requirements at the right level of detail, but only 15% of product teams have attained this level of consistent performance.
Your Answer: Our requirements are never at the right level of detail and actionable. Approximately 5% of organizations are experiencing this level of ineffectiveness. Significant issues exist that will likely be resolved only through the active involvement of product team members and senior leadership.
7. 7 of 9: Is a single person accountable for managing the product launch and go-to-market activities in your organization?
Your Answer: Yes. Only about 37% of respondents in our database indicate that there is a single person in their organization who is accountable for managing product launch and go-to-market activities. Our regression analysis indicates that having a single person accountable for managing the product launch process increases the likelihood of success. Keep up the great work!
Your Answer: No. Your answer is in line with the majority of survey respondents. Approximately 63% of responses fall into this category. Our regression analysis indicates that the highest performing product teams have a single person who is accountable for product launch and go-to-market activities, but only 37% of organizations have adopted this approach.
8. 8 of 9: How would you rank the effectiveness of your company’s process of onboarding new product team members? *This question is required.
Your Answer: A best practice. Only 4% of respondents in our database indicate that they have achieved a best practice in onboarding product team members. The data show that most organizations don’t appreciate how detrimental the traditional “sink or swim” approach to onboarding new product team members can be. Your company and product team are leading the way!
Your Answer: Very effective. Only 21% of responses fall within this category. Our data show that most organizations don’t appreciate how detrimental the traditional “sink or swim” approach to onboarding new product team members can be. Your company and product team are leading the way! Only 4% of survey respondents indicate that they perform better.
Your Answer: Room for improvement. Approximately 48% of respondents indicate that they are experiencing challenges similar to yours. Our regression analysis shows that the highest performing product teams take a methodical approach to onboarding new product team members. Many organizations don’t appreciate how detrimental the traditional “sink or swim” approach to onboarding new product team members can be.
Your Answer: Hit or miss. 16% of organizations are in a situation similar to yours. The lack of an effective onboarding process can significantly impede product team performance. Our regression analysis suggests a correlation between having an effective and well-designed onboarding process and increased levels of product team performance.
Your Answer: We fail miserably. 11% of organizations face a situation similar to yours. The lack of an effective onboarding process can be a significant impediment to product team performance. Our regression analysis suggests there is a correlation between having an effective and well-designed onboarding process and increased levels of product team performance.
9. 9 of 9: Which of these statements best describes your view of your product team's performance against expectations?
Your Answer: We are performing at a high level. Congratulations! Only 33% of respondents in our database indicate that they are highly effective at delivering value on a consistent basis. Excellent job!
Your Answer: We perform well, but there is room for improvement. Your answer corresponds to that of the majority of respondents. Approximately 53% of responses fall within this category. Our regression analysis shows that the highest performing product teams deliver value on a consistent basis, but only 33% of product teams have attained this level of performance.
Your Answer: We are hit or miss. Approximately 10% of survey respondents indicate that they are experiencing challenges similar to yours. Our regression analysis shows that the highest performing product teams deliver value consistently, but only 33% of product teams have attained this level of performance.
Your Answer: We miss more than we hit. Just over 4% of organizations are experiencing this level of ineffectiveness. Significant issues exist that will likely be resolved only through the active involvement of product team members and senior leadership.