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The Startup Dilemma

Practices

Getting up and running is challenging and risky because of all the tradeoffs. Make the wrong choice, and things go sideways quickly.

Here are a few examples:

  • You need to your product development practices while remaining within staffing budget.
  • Finding the right people with the right experience at the right price takes time and energy that you could spend building the business.
  • Hiring for strategic skills like full time or interim CTO, CPO, CXO positions takes away from hiring the individual contributors you need to do the work, and it’s hard to find people good at both.
  • To get funding to scale your practices, you face giving up control and equity to investors or institutions that may not have your best interests at heart.
  • Using contractors for the development resources you need puts them in the driver's seat, but they may be more interested in billing than your long-term success.
  • Bringing on vendors to help with product development can also lead to loss of control and added costs.
  • Lack of monitoring and measurement can lead to product development going off track and not meeting customer needs.
  • Limited resources and time can make it difficult to establish and grow product development practices.
  • Starting from scratch in terms of product development practices can lead to hitting hidden pitfalls and struggling with process management.
  • Not having a clear understanding of customer needs and wants can cause developing features that don't align with what the market actually wants.
  • Focusing too much on short-term goals can lead to neglecting long-term sustainability and scalability.
  • Limited budget and resources can make it difficult to stay competitive and up-to-date with industry trends and technologies.
  • Prioritizing speed over quality can lead to poor product performance and customer dissatisfaction.
  • Not having a clear roadmap and plan for product development can lead to a lack of direction and wasted resources.
  • Difficulty in aligning product development with overall business strategy can lead to missed goals and poor product performance.
  • Poor communication and collaboration among team members can lead to delays and rework.
  • Difficulty in balancing innovation with proven product development practices can lead to either taking too many risks or playing it too safe.
  • Lack of data and metrics to inform decision-making can lead to risky assumption-driven activities rather than calculated evidence-based decisions.
  • Balancing the needs of the business and the needs of the customer is delicate. If either gets left out, it hurts the business.

Speed

Startups need to be competitive to succeed in a fast-paced digital world. With the proper practices, they can move quickly and ship higher-value features faster, giving them an edge over their competitors. Product development proficiency, quality, and velocity are essential for a startup’s success.

Unfortunately, most startups don't have two to three years to figure out how to make their product development practices optimal, measurable, and scalable. This is because bad practices can lead to expensive mistakes, missed goals, and unhappy customers, while good practices can increase customer value and satisfaction.

Establishing the right tools, knowledge, and practices before throwing money at hiring a large team means that startups can more than double the productivity of their product development and start shipping higher-value features more than twice as fast with the same staffing investment. They are more efficient and keep margins higher. They reduce unplanned work and firefighting. And they can hit their delivery and customer value goals without needing more funding. They must set up product development practices that keep their company lean and flexible as soon as possible without giving up control or their equity.

Growing a practice takes years, but startups require working practices, accelerated teams, and control yesterday so today's opportunities don't slip away. This is why we believe startups boost their chances of success by shipping higher value features in half the time, hitting their delivery and customer value goals, keeping their company lean and agile, and getting the insights needed to make informed decisions.

Focus

Building a product development practice is not the same as operating one. Many companies make the mistake of treating a early-stage organization in growth mode like a mature product in maintenance mode. This dangerous approach leads to missed goals and poor product performance.

Building a successful product development practice is a complex process that requires a deep understanding of strategy, operations, and the long-term impacts of decisions made today. It takes years of experience, expertise, and know-how to get it right.

While many organizations can operate an existing practice, they don't have access to the resources, tools, and people they need to build an optimal product development practice quickly. And it doesn't make sense to hire full-time high-price specialists for something that you'll set up once and can hire less expensive resources to operate. That’s why seeking out a SaaS practice establishment specialist is vital to getting superior results earlier and getting an edge over competitors.

A specialist in setting up a SaaS practice can help you move faster, build the right product with the right features, and keep up with the latest trends and technologies. They can also help you avoid problems that aren't obvious and make sure that your staffing strategy, organizational structure, and product development practices align with your overall business strategy.

With the help of a SaaS practice specialist, you can:

  • Increase your chances of success by ensuring you're ready to ship higher-value features faster.
  • Keep your operations lean and agile to save tremendous time and money.
  • Hit your delivery and customer value goals without finding more funding, giving up equity, or losing control to investors or vendors.
  • Get the insights you need to make informed decisions by monitoring your product development processes and tracking your teams’ progress without unnecessary overhead.

So, don’t take the long and painful evolutionary path of trial and error, where you risk reinventing the wheel or falling off the tracks. Instead, find the right help setting up your practice and get the results you need faster and with less risk.

What if there was a lesser known, but better, faster, and easier way?

  • What if there was a risk-free way to scale your entire PDLC (product development lifecycle) for less than the price of hiring an administrative assistant, even if you don’t have the skills in-house?
  • What if you could get the strategic product development practice expertise you need to succeed without having to raise funds, give away chunks of your company, or give up control, even with limited time to focus on finding the right people?
  • What if you could get a short-cut without taking the long evolutionary path of trial and error where you risk reinventing the wheel even if you are starting from scratch?

We believe today’s startups are the future, and you need better options and opportunities to succeed. This is what Truth Shield aims to provide with our hybrid acceleration system.

The Truth Shield hybrid acceleration system.

We install a working practice for you, get your teams accelerated, and transfer control.

Cumulative Progress Dashboard

PROGRESS DASHBOARD

We install the same metrics that Google uses along with additional industry standard proficiency tracking. Then we set up your custom dashboard to measure your teams' product development proficiency so you can track your teams progress week by week without unnessasry overhead and without the risks of measuring the wrong things even if you don't have the expertise in-house to put together a comprehensive practice management system.
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PROFICIENCY IMPROVEMENT TRACKING

We surface your companies product development proficiency trends so you can make sure everything is headed in the right direction without getting blindsided if things are not trending up and without having to hire full-time process managers even if tracking development practices are not your specialty.

Why?

This approach lets startups double the velocity of product development and start shipping higher-value features in as little as 90 days without having to spend 2-3 years growing a practice from the ground up.

But that’s not all. Better product development proficiency transforms businesses.

  • Higher quality products
  • Increased innovation and customer value
  • Better employee satisfaction
  • More powerful insights
  • More business agility
  • Less waste
  • And more…

And It Works, GUARANTEED!

We know our system works, which is why we offer a risk-free, performance-based guarantee. We take on all the risk, and you pay after hitting 2x productivity.

This way you get results or you don't pay.

What’s the aim of the meeting?

Every company is different. The conditions have to be right. And we don’t want to waste our time or yours.

The goal of the meeting is to understand your unique situation and see if what we do can help get you what you need.

About Us

With Truth Shield, you can take advantage of more than 20 years of CXO/CTO experience in setting up, diagnosing, and improving product development and engineering practices.

Recent Boosts

  • 280x efficiency improvement (Google case study).
  • 454% boost in project execution velocity and a 110x improvement in deployment velocity through SaaS process and technology improvements.
  • 250% increase in system throughput through technical optimizations.

Expertise.

  • Multiple successful SaaS digital transformations.
  • Listed in the Top 50 CTO Technology Professionals in 2022 (OnCon)
  • Experienced process, project, and optimization engineering.

Reference.

"Matt is the best CTO that I have encountered in my career. He has an eye for talent/hiring, building teams, and creating a team environment that exceeds all expectations. He is highly technical and can architect the shortest path for any company to success.

Matt takes a quality-driven long-sighted approach to ensure continued sustainable success for companies.

I have personally seen the horizons of everyone who has had the pleasure of working with Matt expand." -Paull Ness. Enterprise Architect.

How does it work?

We'll do it for you with our build-manage-transfer approach. We just need to understand your current situation, goals, and limitations and we’ll work with your teams to get you there.

  • Build: First, we diagnose your current situation in less than 3 weeks. Next we come up with a custom action plan in one week, and get your teams the resources, training, and information they need to install cutting edge practices.
  • Operate: We kick-start your acceleration and do all the heavy lifting for you as long as you need it. Generally we see a 2x-10x improvement in 6-18mo.
  • Transfer: Once you have transparent and self-sustaining practices, we ensure a smooth handoff so you and your teams can drive. At this point, we step back into a support role to be there if you require help, but the goal is to have you standing on your own.

We want to make sure you get the insights of a CXO and CTO to build your foundation so your teams can self-manage, and that you have the transparency you need to run your product development practices without ever having to hire expensive managers, give up equity, or lose control of your company, even on a small staffing budget today.

FAQs

What is the Truth Shield hybrid acceleration system?

The Truth Shield hybrid acceleration system is a risk-free way to scale your entire product development lifecycle (PDLC) for less than the price of hiring an administrative assistant, even if you don’t have the skills in-house. It boosts the chances of success by shipping higher value features in half the time, without needing to find more funding, giving up equity, or losing control to investors or vendors, even on a limited staffing budget. It reduces unplanned work and firefighting by up to 80%. Not only that, but it sets up self-managing processes that don't get worse over time, even if you don't have the time or resources to improve your practices yourself. It has a cumulative progress dashboard with the same metrics that Google uses and other industry-standard ways to track proficiency. It also tracks how well your company is getting better at product development, so you can ensure that everything is moving in the right direction. The system aims to help startups double the velocity of product development and start shipping higher-value features in as little as 90 days without spending 2–3 years growing a practice from the ground up. The system is guaranteed to work, and you pay after hitting 2x productivity.

Is this outsourced software development?

No, this is not outsourced software development.

This hybrid acceleration system provides strategic product development practice expertise to help startups succeed. The Truth Shield system does not involve outsourcing product development. Instead, it offers a set of services and tools to help startups set up, track, and improve your product development processes. The system is designed to help companies double the velocity of product development and ship higher-value features in as little as 90 days without giving up equity or losing control of your company to outside investors.

The Truth Shield hybrid acceleration system sets up a way for your product development to work, streamlines your teams, and gives you control. You get also has cumulative progress dashboards and a way to keep track of how the teams' product development skills are getting better. The system is based on the same KPIs that Google uses but goes further with other industry standards for tracking. By using the system, companies can hit your delivery and customer value goals, keep your company lean and agile, get the insights they need to make informed decisions, improve your teams' proficiency, and balance innovation with proven product development practices—all without having to hire full-time process managers or reinvent the wheel.

What if I already have a CTO, CXO, or CPO?

Working with leaders who understand the value of doing more with less is advantageous. We align with them to help them see more product development success. We help executives already in place by giving them the extra help, practices, and insights they need to get the most out of their teams. We also help get them the metrics and tracking they need to ensure their practices are healthy and improving. We do any heavy lifting needed to help build out the practice so that they can focus on other important aspects of their responsibilities. With existing leaders, we can move even faster and hand off the practice sooner, so they can double the speed of their product development and ship higher-value features without taking 2–3 years to build out the practices.

What if I already have a product or engineering team?

If you already have a product or engineering team, the Truth Shield hybrid acceleration system can help you take your team to the next level. We designed the system so you double the velocity of product development and ship higher-value features in as little as 90 days without giving up equity or losing control of your company to outside investors. The Truth Shield hybrid acceleration system sets up a way for your product development to accelerate, speeds up your teams, and gives you control. You also get cumulative progress dashboards and tracking of how your teams' product development skills are getting better. The system is based on the same metrics that Google uses but goes further with other industry standards for tracking. By using the system, you can hit your delivery and customer value goals, keep your company lean and agile, get the insights they need to make informed decisions, improve your teams' proficiency, and balance innovation with proven product development practices, even with limited time and resources. The system also allows companies to ensure that everything heads in the right direction without getting blindsided if things are not trending up and without hiring full-time process managers. Ultimately, the Truth Shield hybrid acceleration system can help companies to reduce unplanned work, firefighting, and wasted resources and improve your product development process for long-term sustainability and scalability.

How long will we work together, and how quickly will I see results?

The length of time and the speed of results will depend on your company's unique situation. We made Truth Shield hybrid acceleration system to help companies double the rate of product development and ship higher-value features in as little as 90 days without giving up equity or losing control of your company to outside investors. The system has a build-manage-transfer approach, in which we assess your current situation in less than three weeks, make a custom action plan in one week, and give your teams the tools, training, and information they need to use cutting-edge practices. Then, we speed up your progress and do all the hard work for you for as long as you need us to. This usually leads to a 2x–10x improvement in 6–18 months. Once you have practices that are clear and can keep going on your own, we make sure the handoff goes smoothly so you and your teams can drive. At this point, we step back into a support role to be there if you require help, but the goal is to have you standing on your own. In the end, the Truth Shield hybrid acceleration system can cut down on unplanned work, firefighting, and wasted resources. It can also improve the product development process for long-term sustainability and scalability.

How much does it cost?

The cost depends on how much acceleration you require and what you need to get there. We aim for your investment to be a fraction of the cost of hiring an administrative assistant. And we guarantee results, so you only pay full price after hitting the desired performance improvement goals. We take on all the risk, and you don’t pay unless we deliver results. We deliberately designed our service to be affordable for new businesses, so our fees take into account your budget for staffing and other things. Not only that, but we also have financing and payment plans available in certain circumstances.

How much time is required from me?

The amount of time required from you will depend on your company's unique situation. Still, we engineered the system to help companies double the velocity of product development and ship higher-value features in as little as 90 days without giving up equity or losing control of your company to outside investors. The Truth Shield hybrid acceleration system includes a build-manage-transfer approach. We can evaluate your current situation in less than three weeks, make a custom action plan in one week, and give your teams the tools, training, and information they need to use cutting-edge practices. Then, we speed up your progress and do all the hard work for you as long as you need us to. This usually leads to a 2–10-fold improvement in 6–18 months. Once you have transparent and self-sustaining practices, we ensure a smooth handoff so you and your teams can drive. At this point, we step back into a support role to be there if you require help, but the goal is to have you standing on your own. Ultimately, the Truth Shield hybrid acceleration system can help reduce unplanned work, firefighting, and wasted resources. It can also help improve the product development process for long-term sustainability and scalability. As such, the amount of time required from you will be minimal.

Do I need to use a specific tech stack to work with you?

No, you do not need not use a specific tech stack to work with us. The Truth Shield hybrid acceleration system can be tailored to any tech stack and works with any language. We need to understand your current situation, goals, and limitations, and we’ll work with your teams to get you there. We engineered the system to help companies double the velocity of product development and ship higher-value features in as little as 90 days without giving up equity or losing control of your company to outside investors. The Truth Shield hybrid acceleration system sets up a way for the company to work, speeds up your teams, and gives them control. It also has cumulative progress dashboards and a way to track how the teams' product development skills are improving. The system is based on the same metrics that Google uses but goes further with other industry standards for tracking. Ultimately, the Truth Shield system can help you get the insights of a CXO and CTO to build your foundation so your teams can self-manage and have the transparency you need to run your product development practices without ever having to hire expensive managers, give up equity, or lose control of your company.

How do I know if Truth Shield is suitable for me?

Truth Shield is right for you if you are a startup that wants to double the speed of product development, ship higher-value features, reduce unplanned work and firefighting, set up self-managing processes, get better insights to make better decisions, improve teams' skills to give customers more value faster and align product development with the overall business strategy. Our hybrid acceleration system is a risk-free way to scale your entire product development lifecycle for less than the price of hiring an administrative assistant, even if you don’t have the skills in-house. We guarantee results, or you don’t pay. We install a working practice for you, accelerate your teams, and transfer control. We install the same metrics that Google uses and additional industry-standard proficiency tracking. Then we set up your custom dashboard to measure your teams' product development proficiency so you can track your teams' progress week by week without the unnecessary overhead and without the risks of measuring the wrong things even if you don't have the expertise in-house to put together a comprehensive practice management system. We surface your company's product development proficiency trends so you can ensure everything is headed in the right direction without getting blindsided if things are not trending up and without having to hire full-time process managers even if tracking development practices are not your specialty. We aim to help you hit your delivery and customer value goals without needing to find more funding, giving up equity, and losing control to investors or vendors, even on a limited staffing budget. If you believe Truth Shield can help you meet your goals and objectives, please get in touch with us, and we can discuss this further.

How do you measure productivity?

Productivity is a way to measure how well an individual or group can turn inputs into outputs. Typically, its measured in terms of production per unit of information. There are various ways to measure productivity, depending on the output. For example, if the production is a product, you can measure productivity by calculating the number of units produced per hour or day. The cost per unit of output or the total cost of production per unit of work is another way to measure productivity. If the outcome is a service, you can calculate productivity by calculating the time required to complete a task or the number of assignments completed within a given time frame.

Additionally, productivity can be measured by looking at the quality of the output. You can measure quality in terms of defects per unit or the percentage of defects in a given work. Finally, productivity can also be measured by looking at the organization's or individual's overall performance. You can do this by looking at the organization or individual's return on investment (ROI) or the amount of profit they generate per unit of input.

How will this system help my company achieve goals?

Truth Shield's hybrid acceleration system helps companies reach your goals by giving them a practice that works quickly and doesn't require more money or giving up equity. It also gives you expert advice and guidance on processes, project, and optimization engineering, which are used in product development. This helps companies reach your goals faster and with fewer risks. The system also has a custom dashboard for measuring teams' progress and keeping track of how well they develop products. It also surfaces proficiency trends so companies can stay on track. Finally, the system offers a performance-based guarantee, so companies only pay after hitting double productivity. All of this helps companies reach your goals faster and with fewer risks.

What advantages does this system offer over traditional methods?

The Truth Shield hybrid acceleration system is better than traditional ways of developing products in several ways. First, it allows startups to ship higher-value features in half the time hit your delivery and customer value goals without needing to find more funding or give away equity, and keep your companies lean and agile by reducing unplanned work and firefighting. Second, it provides the insights needed to make informed decisions by monitoring product development processes, leading to improved teams' proficiency at delivering more value to customers faster without getting blindsided by process bottlenecks. Third, it sets up self-managing procedures that don't get worse over time, run into hidden problems, or need to hire process managers, even if the company doesn't have the time or money to improve its practices. Fourth, the cumulative progress dashboard uses the same metrics that Google uses and adds industry-standard tracking of proficiency. This lets companies keep track of your team's progress week by week without having to do too much work. Lastly, the system comes with a risk-free, performance-based guarantee. This means that the system takes on all the risk, and companies only pay when your productivity is doubled. Together, these advantages enable startups to double the product development velocity and improve your company's product development proficiency without spending years building a practice from the ground up.

How can this system help reduce unplanned work and firefighting?

Most of the unplanned work and firefighting is caused by defects, which is why software flaws make developing software hard and expensive.

Research shows that the majority of software defects originate during the requirements stage. A study by the National Institute of Standards and Technology (NIST) showed that between 50 and 85 percent of software defects appear during the requirements stage. This suggests that the majority of software defects are preventable. In the NIST study, software defects are defined as flaws or problems that make the software not do what its users want or need to do. This includes design flaws, wrong or incomplete requirements, and any other mistakes made during the requirements stage.

Since software defects can be costly and time-consuming to fix, addressing them as early as possible in the software development process is vital. At the requirements stage, which is the earliest stage of development and often the most cost-effective time to fix bugs, it is best to find and fix software bugs.

Also, it's critical to remember that software bugs can be hard to find, especially during the requirements stage. Requirements can be challenging to define and can be interpreted differently by different people. Because of this, software bugs might not be seen by all stakeholders until the end of the development process. This is why it is important to have a thorough method for gathering and analyzing requirements.

During the requirements stage of software development, it's important to find and fix software bugs to avoid unplanned work and "firefighting." Research has shown that the requirements stage is where most software bugs start, and fixing these bugs early can save time and money. Software bugs can be hard to find, so it's important to have a thorough and detailed process for gathering and analyzing requirements to make sure everyone is aware of the possibility of software bugs.

How can this system help companies establish self-managing processes?

Truth Shield's hybrid acceleration system helps companies establish self-managing processes by providing them with the resources, training, and information necessary to implement cutting-edge practices. This system cuts down on unplanned work and firefighting by up to 80% and gives you the information you need to make good decisions by keeping an eye on how products are made. Companies can also gain from happier employees, more innovation and value for customers, more flexible business practices, and less waste. Additionally, the system's performance-based guarantee ensures that companies get results or don't pay. In the end, this system helps companies improve your product development skills and double your speed, which lets them ship features with higher value in half the time.

How can you set up self-managing processes?

Setting up self-managing processes requires having a clear understanding of the goals, objectives, and desired outcomes of the process you are trying to set up. It's also important to know what roles and responsibilities each person in the process has, as we andkills and abilities they have. Once you clearly understand, you can begin to identify the steps and tasks needed to complete it. It is important to ensure that each job is clear and that everyone knows your roles and responsibilities are. Communication is vital for a successful self-managing process. Regular meetings should be held to ensure everyone is on the same page and that any issues or challenges are addressed quickly. It is also essential to ensure that processes are monitored and evaluated regularly. This allows you to identify areas needing improvement or additional resources or training. Lastly, it is important to make sure that the process is always being improved and that feedback from stakeholders is being used. This will help to ensure that the process remains adequate and efficient.

What are the benefits of self-managing processes?

Self-managing processes are helpful because they cut down on unplanned work and firefighting, can be changed to fit the needs of a specific company, and make the product development lifecycle more transparent and give better insights. Unexpected work and firefighting can be reduced by up to 80%, as self-managing processes are designed to be efficient and organized. Also, self-managing processes can be changed to fit the needs of a company, making them more flexible and adaptable. Finally, self-managing processes provide improved transparency and insights into the product development lifecycle, allowing for better decision-making and more informed decisions. This allows for teams to be more productive and efficient and ensures that the product development process is aligned with the overall business strategy. This helps make sure that the process of making a new product works and that the company can reach its goals.

What can happen if processes are not managed properly?

When processes aren't managed well, it can lead to several problems that can slow a business's growth. Without proper operations management, you can waste resources, diminish customer satisfaction, and not achieve the company’s goals. Poor process management can cause delays in product development, issues with quality control, and a lack of transparency in the decision-making process. It can also make it hard for team members to talk to each other and work together, leading to mistakes and wasted time. In addition, it can block innovation and scalability, as well as cause difficulty in balancing the needs of the business and the needs of the customer. Finally, without proper data and metrics to inform decision-making, the company may make assumptions instead of evidence-based decisions, resulting in riskier activities and poorer product performance.

How can you improve processes without having a lot of resources?

Improving processes without a lot of resources can be challenging, but it is possible. One way to do this is to focus on what you can do with your resources. This means streamlining how you do things now and making sure you use each resource to its fullest. It also means being creative and finding ways to use resources more efficiently. You can look into free or low-cost process improvement tools to help you track and measure progress. And, you can look into automation and outsourcing to help you save time and money. You can improve your processes and get better results with the right strategies, even with limited resources.

What are the hidden pitfalls of not managing processes correctly?

Not managing processes correctly can lead to several hidden pitfalls, including

1. unplanned work and firefighting: If you don't manage your processes well, you might not be able to predict and plan for future tasks. This means that your team will always be reacting to surprises. This can lead to wasted time and resources and increased stress and burnout.

2. Process bottlenecks: Poorly managed processes can lead to inefficiencies, as tasks are held up in various stages of the process. This can lead to delays in shipping features and customer value.

3. Risky measurements: Without a clear understanding of the metrics that should be tracked and monitored, you may measure incorrectly. This could lead to a focus on short-term goals at the expense of long-term sustainability and scalability.

4. Bad performance of the product: If you don't manage and measure processes well, you may find that the product doesn't work as expected, which will make customers unhappy.

5. Lack of direction: Without a clear roadmap and product development plan, staying focused on long-term goals can be challenging, leading to wasted resources and time.

6. Bad communication and teamwork: Without good communication and teamwork, tasks can be duplicated or missed, which can cause delays and extra work.

How can monitoring product development processes help decision-making?

Monitoring product development processes can be beneficial to decision-making in a variety of ways. Firstly, it can provide insight into the effectiveness of current practices, allowing teams to identify areas where they can improve. Additionally, it can provide visibility into progress, performance, customer feedback, and usage patterns. This can be very helpful in making decisions about how to prioritize and divide up resources to keep product development on track and meet customer needs. Furthermore, having detailed metrics can help to uncover trends that may otherwise go unnoticed. This can be useful in helping to identify potential risks and opportunities, as well as informing decisions on product features and design. Finally, data backing up decisions is critical in creating trust and gaining buy-in from stakeholders. In sum, monitoring product development processes can be a powerful tool to help teams make more informed and data-driven decisions.

What are the risks of using wrong measurements in product development?

Using wrong measurements in product development can have severe consequences for any organization. Incorrect measurements can lead to poor decisions, misallocated resources, and projects that fail to deliver on customer expectations. Wrong measurements can also lead to wasted effort, budget overspending, and a lack of focus on what matters. Inaccurate measurements in product development can also lead to an incorrect understanding of the customer’s needs and wants. If the wrong metrics are used, product development teams may be focused on the bad objectives and goals, leading to a product that is not aligned with what the market wants. This can lead to customer frustration, a lack of loyalty, and decreased sales. Also, wrong measurements can make it hard to see what's happening during the product development process. Without the right KPIs (key performance indicators) and metrics, teams may be unable to track your progress, identify areas of improvement, or make educated decisions based on data. Without the right metrics, teams may be unable to make the necessary adjustments to stay competitive and up-to-date with industry trends and technologies. Lastly, wrong measurements can make it hard to line up product development with the business strategy as a whole. Without the right metrics, teams might be unable to tell if your product meets the business's goals and if your work leads to a good result. Without the right metrics, teams might be unable to tell if your product meets the business's goals and if your work leads to a good result. Without this alignment, product development teams may be unable to deliver value to customers and the business may miss out on achieving its objectives.

How can teams deliver more value to customers faster?

By optimizing your product development lifecycle (PDLC), you can get more value to customers it faster, This involves streamlining processes, improving communication and collaboration between team members, and utilizing data and metrics to inform decision-making. Additionally, teams can use agile development approaches to break big tasks into smaller, more manageable chunks and focus on short-term goals while keeping an eye on the bigger picture. Investing in automation and using the right tools helps your teams be more productive, reduce the amount of work they have to do repeatedly, and free up time to focus on new ideas. Lastly, teams need to make sure that the way they develop products fits with the overall business strategy and customer needs. This will make sure that the products meet what customers want.

What are the benefits of monitoring product development processes?

Monitoring how products are made can give you valuable information and insights you can use to make decisions. With regular monitoring, teams can track progress more accurately and identify any areas for improvement that need to be addressed. This helps ensure that product development is on track and meeting customer needs. Additionally, monitoring can help identify areas of waste and inefficiency, allowing teams to address any issues before they become significant problems. Tracking progress over time can also show trends and patterns, to help your teams adapt plans to hit objectives without falling off the rails. Finally, monitoring product development processes helps your teams stay competitive and up-to-date with industry trends and technologies and boost team morale and motivation.

Will I ever need to hire a CTO or CXO?

It depends. Our goal is for you to not need to hire a CTO or CXO in the early stages of your business with the Truth Shield hybrid acceleration system.

We provide the strategic product development practice expertise you need to succeed without raising funds, giving away chunks of your company, or giving up control, even with limited time to focus on finding the right people. We install working practices for you, accelerate your teams, and transfer control. This helps you hit delivery and customer value goals without needing to find more funding or give up equity and without needing to hire full-time process managers, even if you don’t have the time or resources to improve your practices yourself. We also give you the information you need to make smart decisions by keeping an eye on your product development processes, helping your teams get better at delivering more value to customers faster, and ensuring product development fits your business's overall strategy. In short, you don’t need to hire a CTO or CXO with Truth Shield, as our hybrid acceleration system takes care of the product development expertise you need to succeed.

However, we focus on product development, and the role of executive leadership goes beyond simply a focus on product development. For example, it includes strategy, operations, marketing, finance, and legal. Therefore, if you need to hire a CTO or CXO for any areas outside product development, especially as your company grows, then yes, you would need to hire a CTO or CXO.

How can companies hit your delivery and customer value goals without giving up equity?

With a hybrid acceleration system like Truth Shield, a company can meet its delivery and customer value goals without giving up equity. With Truth Shield, businesses can set up a working method and speed up your teams without raising more money or losing control of investors or vendors. The system also gives the company the strategic product development practice know-how it needs to be successful while staying lean and flexible. Also, companies can get information to help them make smart decisions, improve the skills of your teams, and find a balance between new ideas and tried-and-true ways of making products without giving up equity. The Truth Shield hybrid acceleration system also has a cumulative progress dashboard and a tracking system for improving product development skills to ensure that everything is going in the right direction. Finally, Truth Shield offers a risk-free, performance-based guarantee which allows companies to get results or not pay. These features enable companies to hit your delivery and customer value goals without giving up equity.

What does it mean to keep a company lean and agile?

Keeping a company lean and agile means having an organizational structure and processes to promote efficiency and flexibility. This means that the organization should have a flat structure with few levels of management and decision-making power spread among teams. It also means cutting out unnecessary processes and making it easy to make decisions quickly. Additionally, it means having the ability to rapidly adjust and adapt to changes in the market, customer needs, and the competitive landscape. This could quickly involve changing product lines, adjusting pricing, or introducing new services. Lean and agile companies can respond rapidly to changing conditions and capitalize on opportunities. You do this by having the right organizational structure and processes in place and a culture that encourages taking risks and being open to change.

What are alternatives to finding more funding for delivery and customer value goals?

Startups can find it hard and risky to get more money to reach your delivery and customer value goals. It can mean giving up control and equity to investors or institutions that may not have your best interests at heart. It can also mean taking on more debt or sacrificing a large portion of the company’s resources to secure more funds. Truthshield provides a better alternative. Our hybrid acceleration system offers a risk-free way to scale product development practices for less than the price of hiring an administrative assistant, even if the startup doesn’t have the skills in-house. Our system also makes success more likely by giving you more valuable features in half the time. We install a working practice, accelerate teams, and transfer control. Our system also helps startups reduce unplanned work and firefighting by up to 80%, establish self-managing processes that don’t degrade and get insights they need to make informed decisions by monitoring product development processes. We also help improve teams’ proficiency at delivering more value to customers faster without getting buried by process bottlenecks, driving the product off track with risky measurements, or hiring executives to put practices together. Lastly, our system helps startups balance the needs of the business and the needs of the customer so that neither gets left out. Overall, Truthshield is better to reach delivery and customer value goals than looking for more money. Our system helps startups double the velocity of product development, hit delivery and customer value goals without needing to find more funding, and improve product development proficiency.