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Activity no.

1 (Product Management)

1. Development of science for each element of work.

In product management, science has progressed by incorporating advanced user


research methodologies, enabling a deeper understanding of customer needs. The
utilization of data analytics and machine learning has refined the process of making
informed product decisions, optimizing features and performance. Effective
communication science has also evolved, promoting clearer cross-functional
collaboration for successful product development and launches.

2. Scientific selection placement training and workers.

Scientific selection in product management involves employing data-driven


assessments to match specific skills and attributes with the roles required, enhancing
team effectiveness. Placement training has evolved to include targeted skill
development, ensuring employees are equipped with the latest tools and methodologies
for successful product execution. Furthermore, the science of worker engagement and
motivation has progressed, emphasizing a comprehensive understanding of individual
and team dynamics to foster a productive product management environment.

3. Division of labor.

The division of labor in product management has evolved by assigning specialized


roles such as product owners, designers, engineers, and marketers. Each role focuses
on distinct aspects of the product lifecycle, leveraging expertise to enhance efficiency
and quality. Cross-functional collaboration has become more emphasized, enabling
seamless integration of skills and perspectives to achieve successful product outcomes.

4. Standardization of method, procedures, tools and equipment.

Standardization in product management involves creating uniform methods,


procedures, and tools that streamline workflows and ensure consistency across
projects. This helps maintain quality, facilitates efficient collaboration, and enables
smoother transitions between different phases of product development. By
implementing standardized approaches, teams can optimize their processes and
enhance the overall effectiveness of product management practices.

5. Use of time of method and study.


The use of time-tested methods and studies in product management helps optimize
decision-making and resource allocation. By leveraging historical data and industry
research, teams can make informed choices regarding product features, market
positioning, and development timelines. This approach minimizes risks, accelerates
development cycles, and improves the chances of creating successful products that
meet customer needs and preferences.

6. Differential wage system.

A differential wage system refers to the practice of varying compensation based on


factors such as roles, skills, and performance within the field. This approach recognizes
the diverse contributions of team members, rewarding specialized expertise and
exceptional results. By aligning compensation with individual and team
accomplishments, organizations can motivate employees, foster a competitive spirit,
and attract top talent to enhance product management outcomes.

7. Cooperation between labor management.

Cooperation between labor and management in product management is crucial for


successful outcomes. Clear communication, shared goals, and mutual understanding of
roles can enhance collaboration and lead to better product development. Regular
meetings, feedback loops, and involving both parties in decision-making can foster a
more productive working relationship.

8. Principle of management by exemption.

Management by exception is an organizational strategy that suggests managers


and supervisors should focus their attention on addressing and resolving issues that
deviate from established standards, norms, business practices, or financial objectives.
Rather than getting involved in every routine business activity, this approach
emphasizes tackling situations where there are deviations, such as variations in profits,
quality concerns, or infrastructure issues.

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