Proprietary Publications
T129 - "7 Measures To Value Product Design"
Product Design Value 7-6-7 Plus Series,
Needham, Massachusetts, USA
May 9, 2019 -- [54 Pages]
ISBN 978-1-937115-41-8
Introduction
This presentation was made in conjunction with the Product Design Value 7-6-7 Plus Series on May 9, 2019 in Needham, Massachusetts.
Description
This paper focuses both on measures that value the quality and robustness of product designs, and measures of the value that good product designs create for corporations. We discuss seven different metrics, and describe the calculation process and applicability for each.
For each of these measures, we will provide a bit of history and describe how to put the metric into practice. Where applicable we provide facts and figures on the size of the revenue, profit, market cap, or cost savings potential, and offer our best thoughts on what lies ahead.
The Plus in this 7-6-7 Series program touches other metrics in this space including, NPS, Completion Rates, Pulse, and Pirate.
Bibliographic references are provided for the numerous cases and examples that are cited.
Note: This is the Technical Paper presented during GGI's webinar program W013 entitled 6 Ways To Reap Value From Product Design. All content slides match those in the W013 webinar.
Table of Contents for Technical Paper 129
| Section Titles: | |
| - | |
| Can Product Design & Digital Design Be Typecast? | 3 |
| 7 Measures To Capture Product Design Value | 7 |
| 01-SUS - System Utility Scale | 9 |
| 02-HEART& - Heart & Goals, Signals, Metrics | 12 |
| 03-PPP - Product Price Premium | 17 |
| 04-ROX - Return On Experience | 24 |
| 05-Composite BPI For Digital Design | 29 |
| 06-DVI Benchmark - Design Value Index | 33 |
| 07-MDI Benchmark - McKinsey Design Index | 39 |
| PLUS: NPS, Completion Rates, Pulse, Pirate | 44 |
| Adding Product Design Measures To A Metrics Dashboard | 48-51 |
| Author Biography | 53-54 |
• • • • • • • • • • • • • • •
To purchase Technical Paper T129 please visit the GGiSTORE.
