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Product Development Metrics September 15, 2021 169。 Copyright 2021 Accenture. Accenture Proprietary and Confidential Information. 2 Accenture Product Lifecycle Management (PLM) Practice Practice Personnel Business Benefit Experience ? PLM Practice formed in 1989 ? Part of $+ Supply Chain Practice (FY04) ? Worldwide footprint ? Service line focused on cross industry delivery ? Medical amp。 Consumer Products ? Industrial Products ? Aerospace amp。 Defense ? Communications ? Electronics amp。 High Tech ? Automotive ? Accenture PLM Business Implementation Methodology ? PLM Feature / Function Checklist ? Repository of Industry templates and best practice process definitions ? PLM diagnostic and ROI calculator tools ? Worldwide Network of Solution Centers (providing low cost development and run services) ? Over 120 successful PLM implementations and Product Development Transformations over the last 15 years ? Key alliances with top tier PLM vendors ? Business results and references ? Implementation experience with most major PLM vendors ? Experience from implementations integrated into tools, methodology, and accelerators ? Enterprise view to benefits realization and implementation Assets 169。 Copyright 2021 Accenture. Accenture Proprietary and Confidential Information. 3 Metrics Are An Essential Part of a Healthy Product Development Program 169。 Copyright 2021 Accenture. Accenture Proprietary and Confidential Information. 4 Business objectives power metrics … metrics power business objectives Creating a Performance Management Architecture Managing Ongoing Strategic Performance 1. Business Strategy Use the business strategy as the starting point 2. Business Objectives Develop key business objectives that will help you to attain your strategy 3. Measures amp。 Metrics Develop specific indicators to track progress 4. Implement Gather measures, create the scorecards and use it to make decisions. Incorporate all involved parties in the anization in the process Use strategy to identify the objectives Use objectives to identify the measures Use measures to build the scorecard or other reporting architecture Measures should be well grounded in the anization. Let key stakeholders be part of defining KPI180。s Set performance targets and take corrective actions if they are not met Use progress against objectives to confirm strategy 169。 Copyright 2021 Accenture. Accenture Proprietary and Confidential Information. 5 What about metrics in the context of Product Development? The mantra for Six Sigma practitioners, You can only manage what you can measure, applies with increasing criticality to New Product Development. Metrics are necessary to understand the current and historical level of product performance, to predict and measure trends and to set goals and reward achievement. Metrics management is ? A mechanism to facilitate proper decision making ? A tool to highlight situations and issues ? On the rise in