Business Studies, asked by nitinandagopal1, 9 months ago

implications of product life cycle ​

Answers

Answered by sangitakri123
0

Explanation:

Estimated reading time: 6 mins

Did you know that organizational shape and behavior tends to reflect it’s company’s products? I suspected this but it was recently confirmed in this HBS Working Knowledge paper. So when this subject was suggested by Katy Ling I thought it might be interesting to reflect on this phenomenon, and what it means to Technical Professionals. The HBS Working Knowledge paper suggests that an organization (be it department, division or whole company) will be structured and behave according to the delivery of it’s product. A product goes through various stages during its lifetime – the Product Life-Cycle. If you understand this model and what it means, it might explain why an organization acts in the way it does, sometimes going against what you would expect. In technical areas, the Product Life-Cycle can totally shape your work.

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