Sat.Oct 19, 2024 - Fri.Oct 25, 2024

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How much do U.S. product managers really make?

Lenny Rachitsky

👋 Hey, Lenny here! Welcome to this month’s ✨ free edition ✨ of Lenny’s Newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. If you’re not a subscriber, here’s what you missed this month: Why no productivity hack will solve your overwhelm A PM’s guide to influence State of the product job market, part 2 Why cash is king Subscribe to get access to these posts, and every post from th

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Have You Learned Nothing From Your Retros?

The Product Coalition

Your team’s favorite waste of time could actually be useful — imagine that!

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12 Best NPS Software and Survey Tools to Consider

Userpilot

Think of Net Promoter Score (NPS) software as a tool to measure your customers’ feelings about your product, and categorize them based on their level of loyalty (promoters, neutrals, and detractors). The great advantage of these tools is that they streamline the creation, distribution, and analysis of NPS surveys. So they make it easier to send these surveys and get more responses.

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The Decline of Exits and VC Returns: A Focus on Early-Stage Investments

DevelopmentCorporate

The Decline of Exits and VC Returns: The post The Decline of Exits and VC Returns: A Focus on Early-Stage Investments first appeared on Development Corporate. The post The Decline of Exits and VC Returns: A Focus on Early-Stage Investments appeared first on Development Corporate.

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How to Achieve High-Accuracy Results When Using LLMs

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

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Sunday Rewind: Product owner vs product manager

Mind the Product

In this week's Sunday Rewind about product owners vs product managers, Rosemary King shows why we should worry about outcomes rather than titles Read more » The post Sunday Rewind: Product owner vs product manager appeared first on Mind the Product.

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How To Craft The Perfect Product Positioning Strategy

The Product Manager

Standing out amongst the crowd isn’t easy. Dive into what it takes to position your product the right way with this comprehensive guide. The post How To Craft The Perfect Product Positioning Strategy appeared first on The Product Manager.

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4 Popular Canvases for Product Design

UX Planet

The canvases listed below can streamline the product design process and will help you consider the bigger picture when doing individual design activities. 1. Business Model Canvas (BMC) BMC is a tool used to map out key elements of a business model in a single page. It visualizes how the business operates and creates value. Business Model Canvas by Strategyzer.

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How to Get Clarity When Your Company's Strategy is… “Fuzzy”

Melissa Perri

“Our vision is to be the best!” Cue awkward silence in the conference room. “Best at… what exactly?” “Everything!” If you’ve ever sat through a company strategy meeting and left with your head spinning, you’re experiencing a common problem. It usually unfolds in layers of confusion. First, there’s the vision – those sweeping statements that try to inspire but end up saying nothing.

Strategy 220
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Ask Teresa: Does the Engineer in the Product Trio Need to be the Tech Lead?

Product Talk

Working as a product trio is the foundation for discovery. Without input from a product manager, a designer, and an engineer, it’s difficult for us to account for the cross-functional perspectives we need to build successful products. However, most companies tend to have more engineers than product managers or designers. This creates some confusion when it comes to forming product trios.

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Your Guide to Product Management Interviews: Top Questions with Answers

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

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511: Product insights from employee #1 after a $2.3 billion exit – with Chris Elmore

Product Innovation Educators

How product managers can foster a culture of innovation Watch on YouTube [link] TLDR In this episode of Product Mastery Now, I’m interviewing Chris Elmore, a tech entrepreneur and college professor who helped found Avid Exchange, a unicorn startup that went public in 2021. Chris brings years of experience in product innovation and management, and he’s here to share his thoughts on driving innovation and keeping businesses growing for the long haul.

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Overcoming Challenges in Stakeholder Management: Strategies for Navigating High-Stakes Decisions

The Product Guy

In the first part of this series, we explored the fundamentals of stakeholder dynamics, focusing on communication, influence, and transparency. However, product managers often face even greater challenges when navigating high-stakes situations with senior leadership or dealing with conflicting priorities across departments. These moments can be politically challenging, as they require balancing the immediate demands of stakeholders with long-term product goals.

Strategy 150
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Product Management University Announces Product Strategy Framework for B2B

Product Management University

Today, Product Management University announced its Product Strategy Framework for B2B product management. This framework makes it easier for organizations to hit their financial and strategic goals with fewer stops and starts because it eliminates the need for every product to have its own strategy that ultimately stretches the organization too thin to execute any of them well.

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Customer Onboarding Automation: How-to Guide

Userpilot

You’ve just downloaded the hottest new app everyone’s talking about. The sleek interface appears and you’re ready to dive in… but wait. Where do you start? Why isn’t anything working like you expected? Confusion turns to frustration, and your excitement fizzles out. Defeated, you close the app, unsure if you’ll ever open it again.

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Effective Risk Management: Balancing Safety, Compliance, and Opportunity

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.

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Discover the SHOCKING Truth about Product Success

Spice Catalyst

Key Points for Aspiring Entrepreneurs on Product Success and Management with David Fradin. 1. **Understand Customer Needs**: Prioritize the collection of authentic customer insights through observation, interviews, and surveys to enhance your targeting efforts. 2. **Market Considerations**: Remain attentive to market sizes, investment costs, and potential returns on investment (ROI) for informed decision-making. 3.

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Ideating in the problem-solving stage of the Product Operating Model

Mind the Product

Explore how employing innovative problem-solving techniques can empower product teams to deliver impactful solutions. Read more » The post Ideating in the problem-solving stage of the Product Operating Model appeared first on Mind the Product.

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Why Building High TQ is Essential for Product Leaders

People-First Product Leadership

I recently spoke at Productized in Lisbon on ‘turning stress into success’ Why this theme? Because, as product managers and leaders, we’re stressed. 88% of product managers feel stressed often or all the time. What are the contributing factors? 52% of product managers time is spent on unplanned activities. 56% of product managers feel their team lacks necessary skills or experience. 44% of product managers struggle with building and maintaining high-performing teams.

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11 Onboarding Gamification Examples to Engage & Retain Users

Userpilot

Onboarding gamification is the key to transforming a dull process into an engaging one. When the process feels complicated, it becomes easy for a new user to lose interest before they experience the true value of your product. But it doesn’t have to be that way. Gamification onboarding and the right user onboarding software can turn your product experience into something enjoyable.

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Enterprise ABM Marketing Tools: A Marketers Guide

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.

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From Marketing to Product: The Path to Product Leadership with Angela Fleming

Productside

Productside Stories S2 Ep5: Angela Fleming In this Productside Stories episode, we chat with Angela Fleming, VP of Product at Free Agent, about her unique journey from the world of marketing into product management. Angela shares how her passion for solving customer challenges led her to product leadership and offers practical advice for professionals looking to pivot into product roles.

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How to build an AI product that doesn’t suck

Mind the Product

Discover how to build successful AI products by exploring spam detection, from rule-based systems to LLMs. Read more » The post How to build an AI product that doesn’t suck appeared first on Mind the Product.

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Create a Connection with Your Users: Agile Release Notes Made Simple

The Product Coalition

A step-by-step walkthrough for writing concise release notes.

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What is Customer Satisfaction: Importance for Business Success + How to Improve

Userpilot

According to the American Customer Satisfaction Index , with an ACSI score of 78.0, overall customer satisfaction in America was the highest it has ever been in Q1 2024. However, while some companies have managed to improve their customer satisfaction levels and benefit from it, many have not. In this article, we explore the concept of customer satisfaction – how to measure it, why it is important for your business, and how you can improve customer satisfaction levels.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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From Marketing to Product: The Path to Product Leadership with Angela Fleming

Productside

Productside Stories S2 Ep5: Angela Fleming In this Productside Stories episode, we chat with Angela Fleming, VP of Product at Free Agent, about her unique journey from the world of marketing into product management. Angela shares how her passion for solving customer challenges led her to product leadership and offers practical advice for professionals looking to pivot into product roles.

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Why sticking to a rigid product roadmap might be killing your product, and how to escape?

Mind the Product

Read how to embrace flexibility in product roadmaps using the FLEX Model, ensuring agile planning, innovation, and market adaptability for successful product development. Read more » The post Why sticking to a rigid product roadmap might be killing your product, and how to escape? appeared first on Mind the Product.

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Bridging the Gap: Aligning Product Teams with Business and Revenue Impact 

ProductBoard

Product leaders have to balance more than just development milestones—they must also connect their teams’ efforts with broader business and revenue objectives. As part of our Products to Revenue series, this first blog dives into actionable strategies that help product teams align their work with business goals, driving both product excellence and financial impact.

Blog 52
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Why Your Customers Are Lying to You And How To Fix It

The Product Coalition

How this 70-year-old technique unlocks what your customers really need from your products.

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Build Your Best Product Strategy: An Action Plan You Can Start Now

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.

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What is a Product Management Framework? 

Productside

Introduction Imagine trying to build a skyscraper without blueprints. Chaos, right? That’s exactly what it’s like managing a product without a solid framework. While everyone knows they need a plan, too many product teams are still winging it, hoping their products don’t come crashing down. Let’s talk about how a product management framework can save.

Framework 156
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Introducing New Strategies to Scale Your Business: Empowering Customers with Self-Service

Gainsight

To most, scaling a company means more. Finding more customers, hiring more employees, all with the goal of earning more revenue. The issue, companies find out, is that there is always a limit to more. A workday only lasts so long, and people can only accomplish so much within those hours. Companies focused on long-term growth know that scaling requires efficiency rather than volume.

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Product Makers Podcast: Ep. 1 Courtney Arnott, 120Water

ProductBoard

In the first-ever episode of Product Makers, Justin sits down with Courtney Arnott, Director of Product & Solutions at 120Water, to discuss her journey in product management, her team’s mission, and key takeaways for aspiring product leaders.