How many times have you asked your psychometrician, market researcher, or consultant how quickly a product can be developed? The cost of development? When you have these questions, how deeply defined is your product definition? Did you have a complex assessment design with an amorphous market definition and limited market research on your target audience?
In particular, we will examine some of the classic issues faced in certification organizations, including:
How the need to meet certain quality factors and accreditation standards runs at odds with the schedule set forth for the product development and launch.
Instances where product definitions or target audiences are unclear, including those cases where market research has not been performed or does not support the product being developed.
Cases where a credential product owner comes with an extensive list of requirements for the certification, yet does not provide the funds or sufficient schedule to support product development.
While these circumstances are becoming more infrequent as organizations continue to better understand how to balance these forces, I hope that this session will help attendees examine how they have approached new credential development previously and provide lessons for future experiences. By understanding product definition requirements, financial considerations, market research needs, potential liability areas, assessment stakes and complexities, and many other product attributes, credential owners can be better prepared for these development paths and difficult conversations on balancing these factors.
If you are attending the ATP Global Virtual Conference this week, join and quiz us on some of the questions above and offer your own perspective on our case studies!