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IIM Kozhikode - IIM Kozhikode - Professional Certificate Programme in Product Management 

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IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Overview

Master product strategy, development and product management excellence

Duration

39 weeks

Start from

Start Now

Total fee

1.95 Lakh

Mode of learning

Online

Official Website

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Credential

Certificate

IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Highlights

  • Earn a certification from IIM Kozhikode
  • EMI plans are available for the program
  • Job placement assistance
  • Access 15 recorded sessions covering resume, job search, interview preparation and LinkedIn optimization
  • Engage in a Capstone Project and explore over 15 Case Studies
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IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Course details

Who should do this course?
  • Entry Level Managers and Entrepreneurs who would like to gain comprehensive knowledge on new product development, product strategies and leverage product analytics
  • Senior-level managers who would like to refine prototypes and MVPs, learn Product pricing, and modifying their products to better suit customers
  • Mid-level managers who would like to build innovative, compelling products to deliver customer and business value
What are the course deliverables?
  • Develop the product mindset needed to bring viable products or services to the market
  • Map customer journeys and user personas to define and solve problems through products
  • Analyse strategies and frameworks for developing, marketing, and selling a product
  • Evaluate product roadmapping and prototyping decisions using various product management techniques and practices
  • Outline a plan to create a competitive scalable product using key product development strategies and frameworks
  • Identify market segments and effectively target groups through marketing and communication strategies
More about this course
  • The IIM Kozhikode Professional Certificate Programme in Product Management is the perfect way to learn the skills you need to be a successful product manager
  • Whether you're a recent graduate or a seasoned professional, this programme will give you the knowledge and experience you need to build innovative, user-friendly products that meet customer needs
  • The programme is delivered online, so you can study from anywhere in the world
  • The curriculum is rigorous and backed by practical learnings

IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Curriculum

Module 1: Introduction to Product Strategy

What is a product and its types?

Product Features

Product mix and product lines

Product Strategy and its characteristics

Product Strategy: Role of product management and organization

Holistic approach to product strategy

Factors influencing product strategy

Module 2: Value Creation, Value Communication and Value Delivery

Value creation - How product is connected to customer

Value communication

Value Delivery and Co-creation

Traditional vs. contemporary value delivery process

Porter’s Value chain

Case study on Indraprastha Ice & Cold Storage

Module 3: Strategic Approach for Competitive Advantage in Product Strategy

What is and what is not a strategy?

Porter’s generic strategies

Competitive strategies

SWOT analysis

Core competency and its characteristics

Strategic planning, implementation and controlling process

Strategic business units and its relevance for successful product strategy

UTV & Disney – A strategic Alliance case study

Module 4: Disruptive Innovation for Successful Product Strategy

What is disruptive innovation?

Disruptive innovation model or theory

Ansoff’s product market expansion grid

Market opportunity analysis for innovative products

Growth strategy and strategic planning gaps

Disruptive innovation case – idea Forge case study

Disruptive innovation when customer tend to maintain status-quo

Disruptive innovation when organization wants to maintain status-quo

Module 5: New Product Development Process, and MVP and MDP Approaches

Process in product development

Identifying customer needs

Product Planning

Product features and specifications

Concept generation

Concept screening/selection

Concept scoring

Concept testing

Product launching

Minimum Viable Product (MVP) approach

Minimum Delightful Product (MDP) approach

Module 6: Market Orientation and Competitor Orientation

Market Segmentation

Target market selection

Defining buyers' personas

Product positioning and messaging: Requirement and Relevance

Market orientation when customers want to maintain status-quo

Competitor orientation

Product strategy to beat competition

Switz food case study on competition

Module 7: Go-to-Market Strategy and Sales Strategy

Selecting best route to market

Steps to develop and execute go-to-market plan

Managing the product launch

Best practices for product launch: Case study

Different sales strategies

Managing sales force perception

Sales force compensation

Successful sales strategy case

Module 8: Product Positioning and Branding

What is product positioning?

Point of Parity and point of difference

What is product branding?

How to create a strong brand positioning?

Develop a brand positioning statement through Perceptual brand mapping

Brand equity

Brand mantra and slogan

Launch of pleasure scooter case study

Module 9: Marketing Communication and Logistics for Successful Product Strategy

What is integrated communication in product strategy?

Different Communication platforms

Advertising for product success

Use of Puffery, self-esteem and sexual appeal in advertising product

Communication models

Role of value network and channels for successful product strategy

Channel members’ functions and flow of marketing channels

Vertical and horizontal marketing systems (VMS & HMS)

Channel conflict

Case study on Burger King’s mouldy burger ad

Module 10: Pricing of Product

Define pricing of product

Pricing principles

Product-pricing strategies 1

Product pricing strategies 2

Behavioural pricing for product,

Consumer’s price quantity latitude

Reference pricing

Participative pricing

Price and non-price competition

Brand leader’s response to competitive price cut

Module 11: Project

Module 12: Introduction to Product Analytics

What is Product Analytics?

Basic concepts of Analytics and its Features

Applied and basic product analytics

Scientific methods for Analytics

Role of analytics in making decision in product strategy

Characteristics of High-Quality Analytics

Identify and Solving Product management Problem Using Product Analytics

Analytics Objective, Research Questions and Hypotheses

Variables and Unit of Analysis

Module 13: Product Analytics Process and Design

Stages of product analytics process

Product analytics design

Overview of Exploratory, Descriptive and Causal analytics

Direct exploratory methods - FGD, Depth interview

Debrief of Focussed Group Discussion video (YouTube)

Indirect exploratory methods - Projective techniques

Role of Observation Methods in Product Development and Management

Case methods analysis

Module 14: Product Analytics: Metrics and Goals

Measurement and scaling

Discrete measurement scales

Continuous measurement scales

Reliability and validity of scales

Types of analysis for different types of scales

Useful Scales for Product Management

Introduction to Questionnaire design

Basic rules of questionnaire design

Critical aspects of questionnaire design

Piloting and evaluation of questionnaire

Module 15: Data Cleaning and Data Coding

Data preparation

Missing value and imputation of missing value

Data coding

Data entry

Data arrangement for suitable analysis

Secondary data analytics

Survey analytics

Module 16: Data and Statistics for Descriptive Product Analytics

Importance of statistics in Product management

What is descriptive product analytics?

Describe Basic Descriptive Statistics

Analysis and Application of Basic Descriptive statistics

Correlation analysis

Demonstration of correlation in the case Chic-Chicken: Marketing Research Decision

Hypothesis testing and level of significance

Types of Testing Errors

Approach to Testing: The P-Value/ significance value Method

Module 17: Predictive Analytics for Product Management

Descriptive vs. Predictive analysis

Exploratory data analysis for predictive modelling

Create your own model, identify the predictive indicators & test

Regression model

Best Fit Line and its Explanatory Power

Prediction using regression model

Assumptions of Regression model

Estimation using regression model

Multiple Regression model

Dummy variable regression

Module 18: Analysis for New Product Development and Modification

Reasons for Applying Analytics in product development

Introduction to Conjoint Analysis

Creating Conjoint Design

Conjoint Study Process

Conjoint analysis Using Excel Software

Calculating Importance of Product Features

Validate Conjoint Design Model

Demonstration of Developing Orthogonal Design

Conjoint Design using XLSTAT

Demonstration of Conjoint Data and Analysis in XLSTAT

Market Share Calculation of the New Product

Module 19: Analysis of Consumer Behaviour

Importance of Consumer Behaviour Analysis

Factors Affecting Consumer Behaviour

Customer Research using Factor Analysis

Basic Concepts of Factor Analysis

Principle Component Factor Analysis

Factor Analysis Demonstration

Factor Rotation

Demonstration of Factor rotation

Old Data to New Data

Demonstration of creating new data from old data

Application of Analytics in Market Segmentation and Effective Targeting

Segmentation using Cluster Analysis

Outliers and cluster selection

Hierarchical Cluster analysis with SPSS

K-mean Cluster Analysis in SPSS

Validation of Cluster Analysis Solution

Profiling of Customer Segments using Demographic and Socio-economic Variables

Module 20: Digital Analytics: Tools and Techniques

Web Analytics and its Application in Product Management

Importance of Web Analytics Tool

A/B testing

A/B Testing - Demo

Customer Basket Analysis

Customer Basket Analysis – Demo

Customer Life Time Value Analysis

Module 21: Applying Analytics in Marketing

Analytics for recommendation - Collaborative Filtering

Cosine based Collaborative Filtering

Excel Demonstration Collaborative Filtering

Using Analytics for Product Positioning

Perceptual Mapping

Perceptual Mapping Demo in Excel

Qualitative and Quantitative Analytics

Presenting Analytics Report

Module 22: Project

Module 23: Product Development Process

Traditional Product Development Processes

Waterfall Model of Software Development

Modern Product Development Processes

Traditional and Modern Processes: Comparison

Product Development in B2B and B2C Industries

Module 24: Understanding Agile and Lean Development

How to apply analytics for testing marketing tools?

History of Lean and Lean Thinking

Facets of Lean Product Development

Lean Metrics

Cycle Time and Flow Time

Agile Product Development

Lean versus Agile

Agile Methodologies

Module 25: An Illustration of How Microsoft Practices Agile

History of Product Development Processes

Introduction to Scrum Framework

Scrum Team

Scrum Events

Scrum Artefacts

Scrum Illustration in Microsoft

Case Study: Turtle Limited

Module 26: Design Thinking Process in Product Development

What Is Design Thinking?

Stages of Design Thinking Process

Applying Design Thinking to Product Management

Customer Inputs: Discussions and Interviews

User Observation

Focus Group Discussions

Facilitated Workshops

Translating Observations and Feedback Idea Generation, Development and Selection

Idea Prioritisation

Prototyping of Ideas

Case Study: idea Forge - The Mechanical Charger

Module 27: Innovative Communication in Design Thinking

Application of Innovation in Design Thinking

Communication through Storytelling: Messaging and Persuasion

Other Aspects of Storytelling

Communication through Visualisation

Thinking Like a Designer

Case Study: SoaPen

Module 28: Product Prototyping

What Is and Is Not Prototyping

Need for Prototyping in Product Management

Fidelity for Prototypes

Low-Fidelity Prototyping

Mid-Fidelity Prototyping

High-Fidelity Prototyping

Low, Mid and High-Fidelity Prototyping: Comparison

Dimensions of Fidelity

Module 29: Product Road mapping and Prioritisation

Product Road mapping

Product Roadmaps in Product Management

Key Elements in Product Road mapping

Building a Product Roadmap

Prioritisation of Features in a Product Roadmap

RoI Scorecard and MoSCoW

Importance of Product Roadmap in Agile Product Management

Module 30: Leading Product Development

Product Leadership and Its Importance

Qualities of an Effective Product Leader

Setting-up a Product Development Team

Module 31: Project

Module 32: Capstone Project

Faculty Icon

IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Faculty details

Shyam Kumar DL
Shyam Kumar is a visionary technology leader who blends deep business knowledge with leading edge technology capabilities. In his 27 years of experience spanning multiple industry verticals and servicing global customers, Shyam has successfully created, scaled and managed many IT products and platforms with significant positive impact on the organization’s performance parameters.
Rahul MD
Rahul is a Product Leader with over 25 years of experienceacross industries. He is an independent Product advisor and Consultant. In the past, he has worked at organizations such as Sabre, MindTree, Unilever, AT Kearney and Saint Gobain. His specialties include Product Strategy, Go To Market & Agile Product Development.
Saba Scalem
A Techno-Functional Expert with over 16 years of experience inthe areas of E-commerce, Product Management, Digital Transformation, User Experience & Marketing. Have been working as a team leader and P&L owner with global MNCs across various product and services companies into banking, Retail, and technology.

IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Entry Requirements

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IIM Kozhikode - Professional Certificate Programme in Product Management
 at 
Emeritus 
Admission Process

    Important Dates

    Jun 26, 2024
    Course Commencement Date

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    IIM Kozhikode - Professional Certificate Programme in Product Management
     at 
    Emeritus 

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