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It took me time to understand that I need to present myself as a product leadership coach and productstrategy expert rather than a consultant. One other misunderstanding that was much harder for me to explain was related to how people understood the word ‘product’ in what I do. PLG under the hood.
In our world, this would have been considered a great productstrategy. As you are reading this, replace Ford’s car with your own product. In the name of affordability and reliability, ease of use wasn’t the most important quality of the car. What people usually call strategy is in many cases just a general direction.
The Critical Role of ProductStrategy When Money Is Scarce (Part 1 — Seed) A good productstrategy is something every company needs. Here is how a productstrategy can help you create business results, even when the market is not in your favor. Productstrategy is such a vague term for most people.
The Critical Role of ProductStrategy When Resources Are Limited (Part 2 — Rounds A, B, and Later) When you start selling your product, you feel great, but that doesn’t last for too long. A productstrategy is often the missing link that would convert your efforts into actual revenue. Here is how it works.
Creating a Solid ProductStrategy One of the CEOs that I work with as part of my consulting services recently reflected with me on the process we went through for creating their new productstrategy. It was a lengthy process, with quite a few trials and errors, until we found the right strategy.
If you don’t deal with the strategic aspects of the product definition, my advice would be to start ASAP. One way to do so is as part of the CPO Bootcamp , where the participants learn the deep aspects of productstrategy and get explicit guidance on building it for their own products. and crosses all domains. But Do You?
Photo by Ono Kosuki from Pexels OKRs (Objectives and Key Results) are a useful tool for goal setting and team alignment, and in recent years they have gone from being used primarily in quantitative parts of the organization (namely sales and marketing) to being very popular in product and technology as well.
To see these trade-offs clearly, you can name each phase and chart in each series. The name should reflect the outcome or result that you are expecting to have at this point (e.g. enterprise-ready product, happy and retained design partners, new platform launch, etc.). the strategic level that matters.
A good productstrategy helps you to acquire happy customers and retain them over time. Here is how productstrategy helps you overcome them. Photo by Braden Collum on Unsplash Working on productstrategy is an iterative process. would ask why it is important to continue refining even the finest details.
I could start comparing features and value statements, but there was a problem: I never met any of these names as part of our sales cycle. I’m sure that your product, too, has a generic list of competitors. The CEO wanted a competitive analysis. Not a single one. With any of our customers.
Product-led growth is one of the hottest topics in our industry. Some people swear by the name of it, while others disregard it completely. Photo by R Khalil from Pexels Product-led growth (PLG) seems to be everywhere these days. My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an
It can be heavy to handle, so I see many product leaders investing a lot of time in creating a unified repository of information: everything is in Trello/Monday/Jira/Name-your-favorite-tool. Make It Easy for Them to Help You In the CPO Bootcamp , the participants submit every week a piece of their productstrategy for feedback.
If you are simply advertising your product, you are educating the market on the product and on why it is better than the competition, namely your unique value proposition. My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an So some education of your audience is always happening.
Product Leadership Is a Business Role I make a distinction between product management and product leadership. Product management is the name of the profession and also a description of what some levels do.
The competitive analysis itself is a major part of your productstrategy efforts, and here is how to do it at the right level. When you are asked to provide competitive analysis, don’t treat it as a chore. If you imagine diving into endless lists of feature comparisons, think again.
The signals are always mixed, and with no clear incentive to come to a conclusion, it’s no wonder that the most common answer to product leadership questions is the professional equivalent of the romantic “It’s complicated”, namely “It depends”. Not because the reality is black and white, but because otherwise you can’t see clearly.
Unfortunately, many entrepreneurs are ignoring this difference, and in the name of being lean, are adopting a spray and pray approach: try as many directions as possible, and see what holds. If you feel this is your current situation, it is your responsibility as a product leader to change it. in the CPO Bootcamp or any other way.
When I studied coaching, one of the coaches who taught us was a guy named Ronnie. My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an an executive’s guide to strategic product management is waiting for you at www.ganotnoa.com/ebook Originally published at [link] on July 27, 2022.
Something can always improve the product, so don’t forget the lean UX cycle: think, make, check. Want to read more about the steps of the UX design process, and how to apply them to your product? Download our free ebook now! You googled the term with your city name, and stumbled upon this website.”. Source: millermedia7.com.
I’d get off the plane and there’d be 5,000 high school kids cheering my name with cars welcoming me to the country. Our free e-book “ Speed-Up the Journey to Product-Market Fit ” — an executive’s guide to strategic product management is waiting for you at www.infinify.com/ebook Originally published at [link] on August 9, 2023.
Was it entirely in the name of research? Below is a summary of our discussion on the testing strategies that bring delightful VR products to market. This is crucial for a VR product like the Oculus Quest, which may appeal to a broader audience than previous systems because of its portability. I’ll let you decide that one.
If you are simply advertising your product, you are educating the market on the product and on why it is better than the competition, namely your unique value proposition. So some education of your audience is always happening.
At the next session, one of the product managers said that he watched the lecture and started implementing the advice I gave there, but when he started managing his calendar he saw that about 70% of his time is already booked with regular, recurring meetings every week. My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an
Introducing ProductExcellence.co, the product management community’s resource hub for all things Product Excellence, and Productboard’s most in-depth ebook yet. We call these the pillars of.
looking for articles, blog posts and eBooks, asking for content recommendations on Social Media, … Channels: Search engines, PR, blogs, eBooks, conferences & meetups, … Content & Actions : Educational blog posts & articles, eBooks, slides, executive summaries, Social Media ads, … ?
The customer journey is such an important tool when building your productstrategy. In product-led growth, its importance is even more significant. The Slack Example When I was first introduced to Slack I was Head of Product at eBay, so I chose eBay as the company people work for in this example.
The product vision defines what the product hopes to achieve and where it is going. Ultimately, it sets your product apart from other similar products in the market and helps your customers stay loyal to your product. Narrate the productstrategy. Mailchimp product story.
As you can understand from the name, most workshops are about novels and focus on how to build the plot and the characters that drive it. They named it after the feedback I constantly gave them on their presentations. Despite the fact that my book is non-fiction, I found these lessons fascinating and very relevant. Happy roadmapping!
While I personally find it too smug (because truth to be told there are alternatives, and I’m sure Spotify is well aware of them), there are a number of lessons we can learn from this ad as product leaders when it comes to competition. You will understand your product much better after that.
It was an Android tablet at its core and failed to highlight its capabilities beyond reading ebooks. The product was only advertised in storefronts and did little to compete in the online space. The best way to prepare for product design questions is simply practice, practice, practice. Be aggressive with marketing.
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