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The product owner is arguably the most important member of the product development team. For this reason, the product owner’s salary tends to be on the higher end, as compared to related product team member salaries. The rise in cross-functional product teams has resulted in product managers , developers, strategists, and product owners attaining a lot of skills.
Brought to you by: • WorkOS —Modern identity platform for B2B SaaS, free up to 1 million MAUs • Anvil —The fastest way to build software for documents • User Testing —Human understanding. Human experiences. — Dylan Field is the co-founder and CEO of Figma, the collaborative design platform that has revolutionized how product teams work.
I’ve been thinking about change a lot lately. It could be the shift into summer or wrapping up the first half of 2024 and wondering where did June go?!? A quote from a prior newsletter continues to repeat in my head — “the only constant is change” It could be all of the talk about the changes AI is going to bring to everything we do.
If I were building a product marketing organization from the ground up, I’d consider myself lucky. Most product marketing leaders inherit a team and then face the task of shaping it to meet their ideal make-up and the desired goals of the organization. Sometimes it works out great, but the tough part is the amount it time it takes to get your team exactly where you want it in terms of people, team chemistry, skills and maturation, not to mention all the unexpected hiccups along the way.
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
We speak to some product leaders about their experiences of trying to “do Product” in an organisation that doesn’t understand it. What advice can they offer? Read more » The post Successful product management in companies where it’s least understood appeared first on Mind the Product.
Data-driven companies are 58% more likely to hit revenue goals. This shows how important business analytics is for your product. Business analytics gives insights that help you make better decisions to improve your product. This article will show seven examples of business analytics to highlight its positive impact. TL;DR Business analytics uses data to find trends and boost performance.
Data-driven companies are 58% more likely to hit revenue goals. This shows how important business analytics is for your product. Business analytics gives insights that help you make better decisions to improve your product. This article will show seven examples of business analytics to highlight its positive impact. TL;DR Business analytics uses data to find trends and boost performance.
Streamlining Development to Deployment in Manufacturing In the competitive landscape of cyber-physical product development (physical products with a software component), the ability to rapidly deliver new features and updates is crucial for winning over and retaining customers. These results are easier said than done, as cyber-physical product manufacturers must navigate the challenges of integrating hardware and software development at scale across diverse portfolios.
The challenge As a B2B SaaS company, this organization experienced rapid growth over the span of a decade. They developed multiple product lines and services to support a global target audience. The champion at the B2B SaaS company is supporting the recent effort to mature its R&D operations to meet the increasingly sophisticated needs of its global customers.
The SaaS industry relies on the payback period to assess financial health and efficiency, calculated by total burn divided by net new ARR. A shorter payback period indicates quicker investment recoupment, crucial for profitability. Trends show stability in payback periods, with variations among companies like HubSpot (0.9 years) and Workday (2.5 years).
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
When we interview customers , our goal is to learn as much as we can about their context. This will help us understand their specific needs, pain points, and desires (otherwise known as opportunities) which will inform our product decisions. But what happens when you hear a story that stands out from the rest? Maybe the customer tells you explicitly that this is not their usual way of doing things.
Build and nurture high-performing product teams through trust, collaboration, and continuous improvement, driving innovation and success. Learn key strategies for fostering a strong product culture and retaining top talent. Read more » The post Building high-performing product teams: The PDLC approach appeared first on Mind the Product.
👋 Hey, I’m Lenny and welcome to a 🔒 subscriber-only edition 🔒 of my weekly newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. For more: Best of Lenny’s Newsletter | Hire your next product leader | Podcast | Lennybot | Swag Subscribe now You’re either building AI into your product now or you will be soon.
It’s no secret that learning how to evaluate product performance is essential for product management. But how can you effectively measure product metrics that can help you reach your goals and increase revenue growth? In this article, we’ll explore some key metrics, analysis techniques, as well as actionable strategies to track and enhance your product performance.
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.
Our final stop at the Pendomonium+#mtpcon roadshow was the wonderful Spreespeicher in Berlin. There, we were inspired by some great talks and panels, ranging from talks on UX to lessons in leadership. Read on for our key takeaways from our final stop in Berlin! Earn the trust of your users In the opening keynote for Read more » The post 5 things we learned at the #mtpcon+Pendomonium roadshow – Berlin 2024 appeared first on Mind the Product.
As a clinically obese teen, my parents were desperate to get me to a healthy weight. My mom coaxed me on a walk through our boring, middle-class Central Florida suburb every Sunday. The road we walked was paved with good intentions, but for me, it was hell: the heat and humidity, the painful chafing between my thighs, the inevitable embarrassment of applying Vaseline to said chafing. … If I was going to suffer, I would need a reward, and it had better be a good one!
Collecting and using product feedback to influence decisions can lead to a better customer experience (CX). This is particularly important because, according to the PWC Future of CX report, 75% of Americans decide to buy a product over others based on the CX alone. To gather and analyze user feedback, follow the strategies compiled in this blog. We also include tips for closing the conversation in an effective product feedback loop.
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.
These questions cover a range of aspects from initial impressions to specific tasks, interaction feedback, error handling, overall satisfaction, and future expectations. You don’t need to ask all the questions from this list; choose questions that are relevant to your testing goals. Layout design What is your first impression of this design/layout? What do you notice first when you look at this screen/page?
In this week's Sunday Rewind Asa Schachar examines technical debt and how to stop it from slowing down the product development process. Read more » The post Sunday Rewind: Stop technical debt from slowing your product down by Asa Schachar appeared first on Mind the Product.
Is there anything more valuable than talking to industry peers who just 'get it?' These communities for product managers all offer a place of learning, support, and professional growth. The post 12 Best Product Management Communities to Join in 2024 appeared first on The Product Manager.
Wondering how to create a user journey map for your SaaS product? If yes, you’re in the right place because that’s exactly what we explore in the article. Read on to learn about: Importance of user journey maps for product teams. Different user journey map types. User journey stages. User journey mapping process. Ready to dive in? TL;DR A user journey map represents all the actions users complete inside the product to achieve their goals, from the moment they first log in until they
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.
Nima Rad, CTO and founding team member of a fast-growing, series A startup talks about how AI is already transforming how we approach healthcare challenges, building an innovation culture in HealthTech and more. Connect with him on LinkedIn here. 1. How do you see the role of technology evolving in patient care over the next decade? I anticipate technology will increasingly empower patients to participate actively in their health journey.
In this talk from the Pendomonium+#mtpcon Amsterdam roadshow, Ebi Atawodi, a product director at Google, looks at how to create a culture of building. Read more » The post Making product magic with cross-functional collaboration by Ebi Atawodi appeared first on Mind the Product.
The Subtle Art of Recruiting in Product By JANA PAULECH There’s a science to recruiting product professionals, and an art to effective onboarding. We’ve been hiring product teams for decades so the following strategies are backed by our team’s hands-on, cross-industry experience – and we believe they’re the key to finding and hiring the best product talent.
Most companies are torn between two options: build vs. buy product analytics. It can be tricky because there’s no right and wrong answer. Everything depends on your unique situation and current business needs. Today’s article provides a practical guide to help you decide whether to build or buy your product analytics tool. TL;DR The build vs. buy strategy is a decision-making framework organizations use to determine whether to develop a solution in-house (build) or purchase it from an exte
As your company grows and your product matures, so too should your product strategy. Drawing from their decades of experience as product leaders, Stanford Online instructors Donna Novitsky and Laura Marino share best practices for defining your product strategy at each stage of company growth. Get practical, real-world product strategy tips from experts who have lived through the same challenges you’re currently facing.
Clinical data integration refers to the collection of information from various medical departments, third-party vendors, and payers, and to enable seamless data exchange. An integrated healthcare organization has the power to improve the quality of care and streamline workflows. According to a recent report by Deloitte , in the forthcoming years, the healthcare landscape will be dominated by preventive and wellness approaches, interoperable data, and consumer-driven initiatives.
It's Independence Day in the USA and the presidential election is even weirder than the last time. I hope we can gather, listen hard, and respect — even appreciate — our differences. Diversity of thinking and experience is more powerful than any one perspective. Yes? And have some pie. Subscribe to my weekly Nano-letter: Sign Up Subscribe to One Thing Weekly Name * First Name Last Name Email * Our Privacy Policy * You can change your mind at any time by clicking the unsubscribe link in the foote
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