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By their very nature sales people are agile in their approach to selling products and services. A good sales rep will intuitively carry out a quick inspection of the prospective customer’s situation, adapt themselves to make the customer feel at ease, and continue to inspect (by asking the appropriate questions) until they feel confident enough to present a solution to ease the customers business-pain.
I sat down a few months ago with our HR recruitment officer – I began to sketch out the type of person we needed to fill the role of a Product Manager. The recruitment officer asked the question – what’s the difference between a Proj ect Manager and a Prod uct Manager? He posed the question because he had just placed a Project Manager in another department and had a few CVs of people who had applied for the post of Project Manager and might fit the position of Product Manager.
Morten T Hansen and Julian Birkinshaw published an interesting article in HBR about what they call the Innovation Value Chain. The article highlights the three main phases of innovation: *Idea Generation *Idea Conversion *Idea Diffusion Idea Generation: The aim is to generate ideas from various sources: from with in your own business unit of team; from other business units or teams; from across the company; from customers; end users; competitors; universities; related industries and the list goe
The answers to the first two questions above depends much upon the organisation, its size, the department ‘Product Management’ lives in your company and the industry sector that you work in. One thing is certain regardless of company demographics the job of the Product Manager can be overwhelming - a view shared by comments made by pragmaticmarketing.com review on Alyssa.S Dver book ‘Software Product Management Essentials’ – a good read for all new and up-and-coming product managers.
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
What’s the job of the Product Manager in a cutting edge web development environment? What does the typical diary of today’s web and/or software Product Manager look like? Product Management business as usual ( BAU ) activities in scrum. 9.30am attend the daily scrum meeting (stand up) with Engineers, Test Analysis. Depending on which functions are being discussed a representative from Sales, Product Marketing, e-Marketing and Usability may be in attendance - after all good Product Managers get e
Mark Dance in his podcast for featureplan ( Are Great Product Managers Born or Made ) states that the first rule for hiring great product managers is to hire product managers that can grow to be CEOs because they are: the CEOs of tomorrow and are the CEOs for their products. Adam Bullied, in his blog post Not Being CEO , reviews the common aspects of the CEO and Product Manager role, he states that: “The responsibility of the roles heavily intersect.
Mark Dance in his podcast for featureplan ( Are Great Product Managers Born or Made ) states that the first rule for hiring great product managers is to hire product managers that can grow to be CEOs because they are: the CEOs of tomorrow and are the CEOs for their products. Adam Bullied, in his blog post Not Being CEO , reviews the common aspects of the CEO and Product Manager role, he states that: “The responsibility of the roles heavily intersect.
One of the key attributes that a Product Manager has to have in order to be successful is the ability to work in a collaborative way across teams and departments in order to bring new products to market or maintain and increase the profitability of existing products by adding innovative features and enhancements. Collaboration is one of those key requirements listed in the majority of job adverts for Product Managers.
Product Management View blog and webinar series has a webinar by Hugh Richards entitled " Profit-Driven Innovation". This webinar covers key issues companies face when innovating: #1. Why we innovate. #2. Key drivers of successful innovation. #3. Understaning company operations. #4. Innovation impact across the company. #5. Necessity for strong leadershp.
Product Managers often need to collaborate, co-ordinate, drive, release and launch innovative ideas into the market place. However there are pitfalls that product management need to avoid if success is be to secured. This is a two part series based on Rosabeth Moss Kanter article in Harvard Business Review entitled Innovation: The Classic Traps. The article focuses on four areas: Strategy, Process, Structure and Skills.
How Product Managers can avoid innovation traps Part#1 touched on two innovative traps that ProductManagers may encounter: #1. Strategy: the misconception that every innovative idea has to be a blockbuster – where as a number of small incremental innovations could lead to over all product success. And #2. Process : subjecting innovative efforts and projects to the same rigor, reviews and filters as standard business as usual (BAU) will stifle innovative growth.
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
Technology companies often go through good and bad times and even through the good times there will be situations which seek to hinder the personnel performance of Product Managers and Technologists. On occasions there will be situations and decisions that run against the grain of your feelings and the path you’ve laid out for yourself. Company issues: recruitment- either you can not hire the right staff, sudden change in direction that takes you unaware, technical environments not functioning a
Agile Research I worked for a company that designed and manufactured niche signal processing equipment for the broadcast industry. Part of the secret to the company’s success was that it was not shy in investing significant amounts of revenue in a research department as well as allowing its engineers to carry out their own research projects. In my opinion all technology companies need invest in research, but think about adopting some agile principles in funding research to ensure that time can b
If you’re new to Product Management then you really should invest 30 minutes of your time to watch Jeff Lash’s podcast “Ten Tips For New Product Managers…” The podcast will also serve as a good refresher for those of you who are experienced Product Managers. Jeff's ten points are listed below. #1. Spend time with customers #2. Ask “dumb” questions #3.
Scrum has three key roles: #1 The team – who owns the sprint backlog and are responsible for estimating. functionality and fulfilling the commitment made at sprint planning meetings. #2 The Product owner – who owns the product backlog and decides on product functionality. #3 The scrum-master who owns the impediment log and is responsible for removing any blockages that hinder the team from performing and fulfilling their commitments.
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.
The agile manager must be able to constantly inspect and adapt in order to keep pace with a changing environment and capitalise on the changes as they occur. Here are 6 tips on ways in which you can inspect and adapt in order to improve the agility of your management and/or Product Management. Inspecting: #1 Agile managers tend to have an understanding of what is coming up – this occurs either by information that is cascaded to them from the board or Chief Executives or by anticipating future di
Agile can be a challenge for the Test Analyst who has been trained and is accustomed to working in the traditional waterfall, Prince 2 environments or using the V model. A tester who finds themselves as part of “the team” using the agile scrum frame work can find that they are out of their comfort zone and may feel a little exposed. We recently held a meeting with a group of Test Analysts and asked them to identify what areas of our scrum implementation the needed to be improved and what areas t
I mentioned in an earlier post that I was adopting scrum (an agile development frame work). At first implementing scrum identified quite a few issues (mainly bottlenecks) with in the organisation. However the past few weeks have witnessed a turn around – all of a sudden it seems that everyone wants to get involved and be part of the scrum process. So how do you (as a ScrumMaster/Product manager) broaden the influence of scrum so that all the product stakeholders have the opportunity get involved
The Agile Product Manager works closely with the engineering and technical teams working with in an agile framework such as scrum. The adoption of an agile methodology means that new features will get delivered incrementally every 30, 20 or even 10 days. This is great news for the product owner who sees the product developed and released incrementally ( with in a matter of weeks as opposed to months) and gives them the ability to change priority and the features depending on the demands of the m
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.
Technology companies often go through good and bad times and even through the good times there will be situations which seek to hinder the personnel performance of Product Managers and Technologists. On occasions there will be situations and decisions that run against the grain of your feelings and the path you’ve laid out for yourself. Company issues: recruitment- either you can not hire the right staff, sudden change in direction that takes you unaware, technical environments not functioning a
I worked for a company where in the morning I was booked on a flight to troubleshot issues at a customers site in Switzerland at Midday it had changed to Germany and by the time I went home I was booked on a flight (for the next day) to Florida. That’s agile customer care for you. The ethos of the company was to adapt your schedules to meet the customers' need.
We’ve all attended training session which were death by power point. There was little interaction from the attendees and the trainer seemed determined to get through everyone of his/her dozen or so bullet points that appeared on the numerous amount of slides that they had. I attended a six day 1st line management training course sometime ago – and was dreading the thought of having to sit through a zillion power point slides and hearing the droning of some poor trainers voice for a the rest of t
All of us have attended many meetings during our careers, some good and some not so good. The idea of the sprint meeting: where hands on stakeholders (product owner(s) and technical team) meet for 10 to 15 minutes each day, stand up around a white board and answer 3 basic questions: # 1 What did you do yesterday (reporting back on the commitment you made the day before), # 2 What are you planning to do today (today’s commitment) and # 3 Is there anything stopping you fulfilling your commitment.
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.
There currently seems to be a strong move towards agile software development. Engineering teams and I.T. departments are adopting one agile method or another. However the conversion of software teams, to agile, does not naturally result in the other areas of a company adopting an agile method of working. The question is why should other areas adopt an agile approach to work?
Pain with a threatened ROI or pleasure with an improved chance of a greater ROI - which one appeals to you? At the end of a waterfall project (or any project for that matter) the product manager or project manager will usually hold a ‘ lessons learnt’ session where the participants of a project that has not gone so well discuss what went wrong with the view of improving performance on the next project.
Implementing an agile development frame work , such as Scrum , does not solve your company’s problems but helps identifies them. My current company has implemented the scrum agile management frame work. The initial results from the product mangers point of view have been quite interesting: Various stakeholders gradually changing their behaviour as they record their required enhancements and bugs fixes in the product backlog rather than emailing the Product Manager and CC-ing half the company hop
During the past 6 months I’ve been interviewing a number people for Product Management vacancies. My company is currently experiencing rapid growth with its online products at the moment and therefore needs to build strong Product Management teams to facilitate that growth and help secure ROI. I tend to follow the same pattern for each candidate: scenario based discussions/questions that reflect key milestones in the typical product life cycle.
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.
Product managers who analyse the value chain aid in increasing their company’s profitability and therefore return on investment (ROI). Michael Porter’s value chain analysis is usually applied to the processes that would occur in a typical manufacturing company. Porter views a company as a system, made up of subsystems each with inputs, transformation processes and outputs.
In this article I give my take on Larry Bossidy’s article “What Your Leaders Expects of You” published in April’s Harvard Business Review and “.What is Expected from Product Managers.” Where I report what senior managers expected from me as their Product Manager. Identify what your line manager, MD, and other senior stakeholders expect from their Product Manager is only half of the story.
Comparisons have been drawn between Prince 2 Project Managers and ScrumMasters. Much has been written about agile software development Vs waterfall with a focus on the developers and testers who actually carry out the technical work. However this blog posting focuses on agile management and in particular ‘Agile Product Management’. Product Management by its very nature calls for agility.
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