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“What is your Product Strategy? YOU NEED A STRATEGY.” When I replay this scene in my head, I can hear the CTO very audibly yelling (slash pleading) with our product team. He was on edge. We had been experimenting towards a very concrete goal for two months, and had made a lot of progress. We had learned so much about what was preventing users from signing up on the site, and it was a lot clearer which direction in which we should be going.
1 Focus on Goals and Benefits. Whenever you are faced with an agile, dynamic environment—be it that your product is young and is experiencing significant change or that the market is dynamic with new competitors or technologies introducing change, you should work with a goal-oriented product roadmap, sometimes also referred to as theme-based. Goal-oriented roadmaps focus on goals or objectives like acquiring customers, increasing engagement, and removing technical debt.
On Wednesday, July 6th, I attended the SVPMA monthly meeting. This time was different from the usual invited speaker, it was Steven Haines of Sequent Learning who hosted a “role play” of a cross functional product meeting. An interesting role play, Steven lined up 6 victims willing participants, to represent the major functional groups in an organization, Product Management, Operations, Sales, Marketing, Customer Support, and Development, providing each of them a backstory to guide t
Contributed by Sarah McCrary. This is the second post in the “Understand Your Power To Claim Your Value” series. In the previous post, we identified the seven sources of power and highlighted that enduring and authentic power emanates from referent, expert, and connection power sources. There are effective and not-so-effective ways to claim your value to your team, organization, and market.
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
I read Crossing the Chasm when it was published in 1991. The third edition was released last year, with updated examples of how companies successfully increased the market for their new products. The book introduced me to the “target market model,” which had a significant impact on how I thought about the relationship between product growth and market segments.
How do you get started with machine learning? -. Arthur C. Clarke said, “Any sufficiently advanced technology is indistinguishable from magic.” I remember that every time I search for an old photo in Google Photos, filter an image in Prisma, talk to my Amazon Echo, or select a Smart Reply in Gmail. Machine learning is changing the face of.
How do you get started with machine learning? -. Arthur C. Clarke said, “Any sufficiently advanced technology is indistinguishable from magic.” I remember that every time I search for an old photo in Google Photos, filter an image in Prisma, talk to my Amazon Echo, or select a Smart Reply in Gmail. Machine learning is changing the face of.
“What is your Product Strategy? YOU NEED A STRATEGY.” When I replay this scene in my head, I can hear the CTO very audibly yelling (slash pleading) with our product team. He was on edge. We had been experimenting towards a very concrete goal for two months, and had made a lot of progress. We […].
Manage the Product, not the Team. Focus on your job as the product manager or product owner, and manage the product, not the team. Provide guidance on the product, including its market, value proposition, business goals, and key features. But let the ScrumMaster or coach tackle people, process, and organisational issues; let the development team figure out what needs to be done to implement the user stories and other product backlog items.
In this video I discuss the psychology of sending good triggers. The video is based on an earlier post written with Ximena Vengoechea. What do you think? What are some examples of well-timed triggers? Let me know in the comments. The post The Secret to Sending Emails and Notifications That Work appeared first on Nir and Far.
Contributed by Sarah McCrary. This is the third post in the “Understand Your Power To Claim Your Value” series. Previous posts identified the seven sources of power and highlighted that enduring and authentic power emanates from referent, expert, and connection power sources. Be Decisive Under Pressure. There are techniques to build your decision making agility in situations where there is time pressure, incomplete information, and consequences to delay.
Stand out in your product management interview with guidance from Priyanka Upadhyay, an experienced product leader and Stanford Online program coach. In this guide, Upadhay dives into five key competencies interviewers will likely want to assess. She provides sample questions with detailed answers spanning: Product strategy Product design Execution Market estimation Teamwork Confidently land the product management role you want by pre-empting what interviewers are looking for and demonstrating y
Product management is about change – the change that creating new products involves. Along the way, product managers need to learn about customers and their needs, consider problems from different perspectives, and collaborate with others. A person with deep experience in doing these things and helping groups and organizations identify and push through barriers of innovation is Chuck Appleby.
Overview. In recent articles on keys to product success and the alternative to roadmaps I have highlighted that if you want the benefits of product team empowerment and autonomy, then you need to provide each team with the necessary context in which to make good decisions. I’ve explained that the context typically needs to be the product vision, and a specific set of outcome-based objectives for each team (OKR’s are an effective way to do that).
Too many product teams and entrepreneurs think, “If I connect it, they will come.” The problem is that people don’t buy IoT, they buy a solution to a problem. In this post, I talk about an excellent example of IoT solving a customer problem, and share tips for evaluating if IoT is right for your […]. The post People Don’t Buy IoT, They Buy a Solution to a Problem appeared first on Tech Product Management.
I’ve recently talked with several companies that are spending $1M/year or more to build generic software that is very similar to commercially available products. In each case, they’ve ended up with partial solutions, late delivery, disappointed users, and unconscionable costs. I call this the Do It Yourself Illusion : the idea that broadly available commercial products don’t give us exactly what we want, but our internal team can whip up just the right thing.
Effective risk management in product development balances safety, compliance, and opportunity. Risks can't be eliminated, but they can be mitigated through structured assessments, clear documentation, and expert guidance. Engaging specialists ensures efficiency, regulatory adherence, and product security while reducing costly oversights. A well-executed risk management plan includes frequent evaluations, defined assessment criteria, and a structured decision-making process.
You have just a few days to learn everything there is to know about a subject you know nothing about. Now what? “Don’t boil the ocean,” Terry said as he slapped a tall stack of papers on my desk. “Just tell us what we need to know.” I was staring at a serious problem. To […]. The post Three Steps To Get Up To Speed On Any Subject Quickly appeared first on Nir and Far.
Last fall, I had the opportunity to begin a six month mentorship program through the BPMA. Being paired with my mentor Mark Haseltine, CTO at Edx, was a unique and valuable experience. I recently had a chance to sit down with Mark and discuss the product ecosystem and Boston tech scene as a whole. How did you get involved with the BPMA? Being born and raised in New England, I’ve been a part of the Boston area development community for decades now — making a point to foster and support loca
How can product managers help their organizations become more innovative? That is the topic of this discussion with the author of Innovation Wars: Driving Successful Corporate Innovation Programs. The author is Scott Bale, a technology & innovation evangelist. Scott has been a serial entrepreneur, speaker at TEDx, and now runs Innovation Labs Asia, based in Singapore.
You can learn much from Organizations, Buyers, Users, Influencers, and Channel partners by focusing on the questions for which Focus Groups serve well: U nderstand Market Needs Discover : Problems/Needs. Aspirations. Currently used solutions. Business impacts and context. Trends. Purchase drivers. Segments/Personas. T est Concepts (product or marketing concepts) Discover : Existing knowledge & attitudes that impact the concept.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Defining and building a good minimum viable product is much harder than it sounds. Finding that “one thing” you can do, which people want, is really about a lot more than picking one thing. It is a combination of solving the minimum valuable problem and all of the other things that go with it. Solving for both the outside-in needs and the inside-out goals is critical.
How do you make the most of one-on-ones? -. One-on-ones are the most important meetings on your calendar, whether they’re with your engineering lead, designer, direct reports, or manager. They help you build relationships, clear roadblocks, and solve problems. Many of us treat one-on-ones as expendable. Every time you cancel or reschedule, you’re sending a message that something else.
Nir’s Note: This guest post is an excerpt from my friend Ryan Holiday’s new book, Ego Is the Enemy. Ryan is the author of three other books and his monthly reading recommendations, which go out to 50,000+ subscribers, can be found here. It can ruin your life only if it ruins your character. —Marcus Aurelius John DeLorean ran his car […].
We all know a core responsibility of a product manager is to constantly and consistently bring in the customer perspective into the business. That means the ability to effectively interview customers is a critical skill for every product manager. I must admit, earlier in my career I totally sucked at it. I had no plan. […]. The post The Top Strategies For Doing Customer Interviews That Get You Real Insights appeared first on Street Smart Product Manager.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
When established companies decide they need to be more innovative, they often talk in terms of acting more like a startup. But acting like a startup is much more challenging in reality, especially for larger organizations. Instead, established companies can partner with startups. Doing so is the topic of the book, Collective Disruption: How Corporations and Startups Can Co-Create Transformative New Businesses.
Congratulations! You just completed a workshop. Hopefully it was not death by powerpoint, and the instructor made sure you were not just sitting in a chair all day, made sure you stayed engaged, asked you questions and answered yours with some real-life examples. Now, armed with this newfound knowledge and way of thinking, you are … Continue reading You Just Completed a Workshop…What Next?
The Internet of Things (IoT) continues to be one of the biggest buzzwords around. You hear about it everywhere: from industry publications, tech publications, blogs, and even in the news. Every article I read usually starts by stating that by 2020 (or some year in the near future), we’ll have billions of connected devices. And it’s true that more and more IoT products are […] The post People Don’t Buy IoT, They Buy a Solution to a Problem first appeared on Daniel Elizalde.
Caryn Tomer & John Hartmann brought their Technically Speaking Podcast to Agile2016 in Atlanta. Here’s their talk with me on Day 3 (July 27th)… We chatted about the importance of understanding what customers really want; style/personality differences between Sales folks and Engineering folks; how to motivate development teams; what killed off the dinosaurs, and “ Mommas, don’t let your boys and girls grow up to be product managers.
In 2024, B2B customers expect better quality and service with streamlined experiences that match consumer-grade simplicity—no long calls or meetings required. Our B2B eCommerce Trends Report, surveying 400+ B2B professionals in the US and Europe, reveals how eCommerce has become vital to top companies’ strategies. The report shows how leaders are leveraging eCommerce to break data silos, unify channels, and deliver the personalized experiences that customers demand.
Nir’s Note: This guest post is an excerpt from the new book Invisible Influence: The Hidden Factors that Shape Behavior, written by my friend and Wharton School professor, Jonah Berger. Being different, the notion goes, is the route to success. Think different was even Apple’s motto for a period. And Apple is often held up as a […]. The post “Think Different” is Bad Advice appeared first on Nir and Far.
We need both of them?—?but what’s the difference between concentration and attention (also known as mindfulness)? Quick Definitions Concentration relates to focusing your mind on a particular item. Focusing or forcing your mind on a lecture, for example, and not getting distracted by, say, your smartphone. Concentration is essential for accumulating knowledge, more mechanical and technical: like learning a new programming language, learning the mechanics of car driving, etc.
Each week I scour articles, wading through the dogs, and bringing you the best insights to help product managers, developers, and innovators be heroes. 10 tips for creating an agile roadmap. (1) Focus on Goals and Benefits. (2) Do the Necessary Prep Work. (3) Tell a Coherent Story. (4) Keep it Simple. (5) Secure Strong Buy-in. Read the details of these 5 tips and 5 others at [link].
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