Godrej aims to expand its offerings, contributing to the development of a larger speciality chemicals business by incorporating Savannah's food additives business.
Vice Admiral Rajaram Swaminathan has taken over as the Controller of Warship Production and Acquisition today, succeeding Vice Admiral B Sivakumar. Commissioned into the Indian Navy in 1987, Swaminathan holds a post-graduate degree from IIT, Kharagpur. With a career spanning over 37 years, he has had extensive experience, including serving for more than nine years aboard the Aircraft Carrier INS Viraat in various roles.
The above acquisition is being done as part of the scheme in which the Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises Limited (FEL).
Apart from new features, other initiatives that impact retention are Usability of existing features, Uptime, Responsiveness and Resource Consumption. Monetisation refers to maximising revenue from your user base. Monetisation involves building capabilities that users will be willing to pay for, or that will generate revenue through other means such as ads.
Those are your four goals and anything you do as a Product Manager, must impact one of these 4 goals, ideally the one that is most relevant for your company presently. As a corollary - anything you build that does not meaningfully move the needle on one of the above goals is a waste.
Remember once again - "The job a Product Manager is to discover the smallest investment in product that results in the largest impact to Acquisition, Activation, Retention and Monetisation.”