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When delivering new products to early customers, you need to strike a balance between speed to market and enough functionality to deliver real value. Many Product teams approach speed to market with a “minimum viable product” or MVP mentality. Although the idea of an MVP sounds appealing, I’ve found two fundamental problems with MVPs in B2B innovation: MVPs are very […] The post The 8 Pillars of Trustworthy Products: A Guide for B2B Product Managers first appeared on Dani
How product managers can gamify their products, process, and career I am interviewing speakers at my favorite annual conference for product managers, the PDMA Inspire Innovation Conference. This discussion is with Mike Hyzy and Bret Wardle, whose session is titled “Level Up Your Product: Innovation with Game Mechanics.” In our competitive landscape, businesses constantly seek innovative ways to captivate users and empower their teams.
Imagine being in a room full of inventors, each holding a mysterious box. Some are nervous, others confident, but all are eager to reveal what’s inside their boxes. Now, imagine that these boxes represent products, and the inventors are product managers. What they all have in common is one question: ‘Will this product change the world?’ This is where we introduce our thesis: ‘Why Product Management is the Future and Always Will Be.
In most B2B organizations, it’s more the exception than the rule that customer success managers inherit accounts where they’re in a position to play offense because the customer is thrilled with your products. Let’s dream for just a minute. It Starts With Product Management Product management consistently does discovery at a level that makes them more knowledgeable holistically on the markets and customers than all other disciplines.
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
How the integration of AI into product management promises data-driven insights and intelligent decision-making, setting the stage for an era marked by both ingenuity and intuition. Read more » The post The future of product management in the age of AI appeared first on Mind the Product.
Digital product development is the conception and creation of digital-first market offerings, and refers to the way those offerings are produced or engineered by the businesses behind them. For customer-centric companies, this translates into intentionally building products that serve customers in digital environments, and that can adapt or scale as consumer demands evolve.
Digital product development is the conception and creation of digital-first market offerings, and refers to the way those offerings are produced or engineered by the businesses behind them. For customer-centric companies, this translates into intentionally building products that serve customers in digital environments, and that can adapt or scale as consumer demands evolve.
It’s rare for a company to grow with a product that doesn’t change or innovate. There may be success and significant market share following a release date, but over time, that share and popularity will decrease as the competition continues to introduce new features, software upgrades, or improvements in design. The reality is that companies must continuously improve their products to keep and grow their market share.
It’s time to try some new strategies at Peloton Image Credit: Tony Webster The Peloton product managers have had it pretty good for the last few years. When Peloton first showed up on the market, their brand of expensive at home exercise bikes really took off. People liked to be able to exercise at home while pretending to exercise with other people via video links to live classes.
Product strategy is the blueprint for product development, marketing, and growth, outlining how a company plans to achieve its business goals. Let's explore product strategy's importance and explore why data analytics is a crucial component of this process. Read more » The post How data analytics can plan a pivotal role in your product strategy appeared first on Mind the Product.
Stepping into your first product leadership role is a major change. As an individual contributor, you’re focusing on your own projects and progress, but as a leader you are now responsible for the team (or teams) that report up to you. You may find yourself less involved in the day-to-day work of discovery and delivery and more focused on higher-level strategy.
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
Starting at $49 a month, Our Plus plan lets startups and small teams quickly scale their business with an integrated solution that includes analytics, feature management, and CDP.
In the opening keynote at #mtpcon London 2023, behavioural economist and Financial Times columnist Tim Harford outlines two common mistakes people make when thinking about technological innovation. Read more » The post What we get wrong about technology by Tim Harford appeared first on Mind the Product.
What is software ROI and how to measure it? Why is important for business growth ? These are the main questions the article tackles, so if you’re after the answers, you’re in the right place! We also share benchmarks, important metrics to track, and best practices. Let’s get right to it. TL;DR Software ROI, or Return on Investment , represents the financial and business benefits of implementing a software application while factoring in the cost of the investment.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Since joining LeanConvert, I’ve been leading a weekly discussion with the team where we delve deep into the philosophical layers of… Continue reading on Product Coalition »
In the fast-paced world of business and product development, gaining fresh perspectives and valuable insights can make all the difference. Recently, at an extraordinary ACCELERATE virtual event (now available on demand), a gathering of product and business executives took place, sharing their experiences and wisdom on how to accelerate not just products and businesses, but […] The post Unlocking Surprising Insights for Accelerated Success appeared first on Dragonboat.
This Sunday Rewind is an #mtpcon Singapore talk from Jen Dante on how product managers might change their behaviours to improve the chance that their predictions are correct. Read more » The post SUNDAY REWIND: The promiscuous product manager by Jen Dante appeared first on Mind the Product.
PLG for enterprise? Is this even possible to make it work? This is the main question that the article tackles. We look at how you can combine the two seemingly incompatible worlds and examine examples of companies that have managed to achieve this. Let’s get right to it! TL;DR We define product-led growth (PLG) as a business strategy that uses the product to boost its own growth.
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.
We talk to serial entrepreneur Nate Walkingshaw about the challenges of developing physical products and how his latest venture might help to solve the climate crisis Read more » The post Nate Walkingshaw: Tackling the challenges of physical products appeared first on Mind the Product.
What are growth initiatives? How can you implement them in the SaaS context? What do successful companies do to drive growth ? These are the main questions that the article explores. Let’s dive right in! TL;DR Growth initiatives are strategies aimed at expanding a company’s customer base, market share, revenue, or profitability. Market Development involves selling existing products to new markets.
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
For years, we've used several metaphors to describe software product development: People-based metaphors, such as: Man-weeks for all the humans working on a project or a product. FTE for full-time Equivalent (as in human beings!) “Resources” instead of the words: people, or human beings Construction metaphors, such as: build, which describes how we organize and create a usable product.
On October 19th, we had the pleasure of hosting the remarkable #mtpcon London's Leadership Forum event. The day was filled with enlightening talks from esteemed speakers, including Georgie Smallwood, Matt LeMay, and Adam Warburton. Here's a brief recap of the valuable insights we gained from the three keynote speakers. Read more » The post Three lessons in leadership: #mtpcon London leadership forum appeared first on Mind the Product.
What are Mixpanel cohorts and how to use them to gather actionable insights? That’s the key focus of this article. We also look at the pros and cons of using Mixpanel cohort reports and the reasons you may want to consider an alternative product analytics tool for this job! Ready to dive in? TL;DR Mixpanel cohorts are groups of users who share certain properties and/or have completed specific events in a particular period of time, for example, a day or week.
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.
Deciphering Bitcoin ETFs: Spot vs. Futures — Insights and Expectations Table of Contents ∘ The Evolving Role of Cryptocurrency in Investment ∘ Bitcoin Exchange-Traded Funds (ETFs): An Overview ∘ Bitcoin ETF Types ∘ Benefits and Drawbacks of Bitcoin ETFs ∘ Crypto ETF Development — How to Launch a Crypto ETF like Bitcoin ETF? ∘ The Regulatory Landscape ∘ Expert Insights and Market Projections ∘ The Current Status and Future Outlook Bitcoin has revolutionized the investment landscape, making its wa
Offshore tech staffing has become a cornerstone of success for companies seeking to stay competitive. This practice involves collaborating with talent from around the world to achieve specific business objectives, whether that’s building cutting-edge software or enhancing product development. The importance of offshore tech staffing cannot be overstated.
Diana Stepner, Head of Product, Education at Chan Zuckerberg Initiative discusses how positive leadership can be an essential tool to build better product teams. Read more » The post Diana Stepner: Building a better product team through positive leadership character appeared first on Mind the Product.
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