Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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10 Product Strategy Mistakes to Avoid

Roman Pichler

Listen to the audio version of this article: [link] 1 No Strategy The first and most crucial mistake is to have no product strategy at all. When that’s the case, a product is usually progressed based on the features requested by the users and stakeholders. As there is no strategy, objectively assessing the impact of the requests is virtually impossible.

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How to Create Magical Products and Truly Solve Your Customers’ Problems

The Product Coalition

Real invention is hard, that’s why real innovation is hard. Evolution is much easier than revolution. But to truly solve customers’ problems, founders and product leaders must think beyond what they already know about the product. Here are 3 methods to do so. Photo by Tú Nguyễn on Pexels Imagine you are on your way to the office on a winter morning.

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Preventing product bias: lessons from leaders

Mind the Product

practical steps that product teams can take to eliminate bias and ensure they build products that are equally accessible to everyone Read more » The post Preventing product bias: lessons from leaders appeared first on Mind the Product.

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The Biggest Difference Between Product Management and Portfolio Management

Product Management University

The biggest difference between product management and portfolio management is product management focuses specifically on the success of each product whereas portfolio management focuses on the success of the company (the portfolio) in chosen market segments. Product Management In a product management model, product managers assess markets where their products can best succeed and they create plans accordingly to support the company’s strategic and financial goals.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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How to Develop a Product Line: Clone & Own vs. Platforming

Gocious Blog

Every company that has developed a product their customer loves wants to repeat the same success. It feels good to know your market and deliver value. Some product teams think about long-term success and put plans in place from the initial design. They know that if their product is successful, they’ll want to create other versions. Even companies who haven’t planned in advance to replicate their products still have a choice to make between these two methods.

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Product in Practice: Learning to Interview Continuously

Product Talk

It’s no secret that Product Talk is built on the foundation of continuous discovery. Yes, all of the content we create—whether it’s this blog, the Product Talk Academy courses , the community , or the Continuous Discovery Habits book—focuses on the various facets of continuous discovery. But it’s not just the subject matter we write about. The principles of continuous discovery actually power a significant amount of the work we do behind the scenes at Product Talk, too.

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Heavy Equipment Product Managers Search For New Revenues

The Accidental Product Manager

Equipment product managers are searching for steady revenue Image Credit: Laura Gilmore The product managers for heavy equipment, you know things like cranes, backhoes, rollers, etc., have a bit of a problem on their hands. When times are good and people are buying their product, then times are really good. When times are bad, and people stop buying their products, then times are really bad.

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How to Design a Winning Workshop: Step 1 of 5

The Product Coalition

If you’re a workshop leader or meeting facilitator, at some point you’ve probably observed the not-so-fun energies of resistance and aversion among your participants. It’s an unfortunate reality that mostly likely happens because people have been burned in the past by inefficient, unproductive, and boring sessions that feel like a waste of time. The truth is, the workshop experience is going to be a waste of time if it isn’t grounded in a well-thought-out design.

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Rerun: OKRs can be simple – Storm Fagan on The Product Experience

Mind the Product

Rerun: OKRs are a simple concept — but deceptively hard to get right. There’s an awful lot of horror stories about implementations gone wrong, along with any number of gurus and guides on how to get it right. Storm Fagan — now the Chief Product Officer at the BBC, formerly at JustEat — joined us on the podcast to break down how she made OKRs scale at a big company by keeping them simple.

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Understanding User Needs and Satisfying Them

Speaker: Scott Sehlhorst

We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.

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449: The secret advice tech companies use to excel in product – with Ben Foster

Product Innovation Educators

How to solve common dysfunctions in product management Today’s guest is Ben Foster, the Co-Founder and Executive Chairman at Prodify. He is convinced that product is the single most important success driver for tech companies, which is why he founded Prodify to share what he learned from being an advisor to over 50 tech companies to realize their full potential.

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Feature Prioritization Matrix 101 for Product Teams

Userpilot

What’s a feature prioritization matrix and how can product teams leverage it to make better product decisions? These are the key questions we cover in the article. We also look at: The reasons to use a feature prioritization matrix. How to develop your own prioritization matrix. Prioritization mistakes to avoid. Examples of different prioritization frameworks.

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Returns from Product Development

The Product Coalition

A business needs to see that the investments it makes are driving a financial return. This sounds simple but “desirable returns” looks different to different businesses and these differences, explicit or implied, end up driving how product development is viewed and run. Consider, for example, the typical venture capital funded startup. The shareholders of this startup are making investments now that will likely lead to near term losses but that later will hopefully lead to significant gains in t

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Lessons learned from leading products at Forbes

Mind the Product

What are you doing at Forbes, and how did you get into product? I am Vice President of Product at Forbes and my path to product has not been linear. I started my career in the life sciences with the goal of one day pursuing academic research and advocating for evidence-based science education and policies. Read more » The post Lessons learned from leading products at Forbes appeared first on Mind the Product.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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The Next Next Job, a framework for making big career decisions

Andrew Chen

A simple question The last few years have been crazy, and no wonder there’s a ton of folks thinking about making job changes right now. I know this since I’ve been getting the calls. Often the conversations open with a laundry list of different companies, roles, and compensation packages. Every opportunity is completely different and hard to compare.

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Product Satisfaction Survey: 35+ Question Examples [+ Survey Templates]

Userpilot

For most SaaS businesses, a product satisfaction survey can be the heart of a user research process. But what type of surveys are best for your goals? And how should you ask your questions to ensure that you’re collecting the right data? In this article, we’ll go over different survey types and examples, as well as provide some ready-to-use templates you can use right away with Userpilot.

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Affiliate NFT Marketplaces?—?Create a NFT Marketplace With the Fusion of NFTs and Affiliate…

The Product Coalition

Affiliate NFT Marketplaces — Create a NFT Marketplace With the Fusion of NFTs and Affiliate Marketing In the ever-evolving world of digital assets, a groundbreaking concept has emerged that marries the transformative potential of Non-Fungible Tokens with the dynamic realm of affiliate marketing. This convergence has given birth to Affiliate NFT Marketplaces, redefining how individuals interact with and benefit from NFTs.

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The fusion phenomenon: product strategy vs UX strategy

Mind the Product

Making the case for the unification of product strategy and UX strategy, its advantages and potential pitfalls Read more » The post The fusion phenomenon: product strategy vs UX strategy appeared first on Mind the Product.

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Exploring PerfDog Whitepaper 2024: Unlock the Power of Performance Testing

Key Takeaways Robust Platform & Multi-System Support: Brief introduction to PerfDog's extensive compatibility across various operating systems and hardware platforms including Android, iOS, PC, gaming consoles and more. In-Depth Performance Metrics: Quick view of the extensive range of metrics for system, graphics and rendering, user experience, in-depth analysis, and more.

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Craft Isn’t the End Goal, Impact Is

UserInterviews

To stakeholders, UX research is a means to an end (impact & profit)—teach them to care about your craft by learning to speak their language.

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Scheduling for Life’s Surprises: When Timeboxing is Toast

Nir Eyal

Some days, the world seems intent on sabotaging your timeboxed calendar. A meeting goes longer than expected. The daycare center calls to say that your child is ill and has to be picked up ASAP. A project you thought would take an hour to complete instead took three. Before you know it, the end of the day arrives, and you’ve barely given time to the tasks you had wanted to do.

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Applying Gestalt Principles for Product Managers

The Product Coalition

One pillar of product management is the user experience. Therefore it is highly recommended to learn the basic principles — one being the Gestalt. Drawing inspiration from my experience as an engineer turned to product (yes, UX/UI are not my most robust suites), this article aims to demystify the application of Gestalt principles in visual design, providing product managers with insights to enhance their design-driven decisions and drive business results.

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13 cross-functional teams product managers should get to know

Mind the Product

Transcendent product managers excite and inspire. They galvanize their cross-functional partners through collaboration. They want to hear their partners’ ideas and incorporate them to bring the best products to market that will serve a purpose and improve humanity. Productive organizations possess numerous qualities that contribute to their effectiveness.

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Product Management Careers: Job Prospects, Pathways, and Must-Have Skills (2024)

The product management job market in 2024 reflects the fast-growing and ever-evolving nature of the field. For product managers looking to future-proof their careers and take advantage of new opportunities, staying informed about the professional landscape is a smart move. In this comprehensive career guide from Regis College, you’ll learn about: The current job outlook for product managers in 2024 Six professional pathways and the average salaries for these roles in the U.S.

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Introducing Session Replay: Building Great Products Just Got Easier

Amplitude

Session Replay powered by Amplitude simplifies your analytics stack and gives product teams more confidence to make faster decisions.

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Different Types of Bias in Surveys and How to Avoid Them

Userpilot

Different types of bias in surveys can lead you towards false conclusions. To avoid these inaccurate insights, we will dive into the nitty-gritty of different biases and the ways you can avoid them. Analyzing user sentiment is an essential step for all product developers and marketers to take. And we are here to help! TL;DR Survey bias occurs when feedback deviates due to the influence of a surveyor or respondent leading to inaccurate feedback collection.

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A Tale of Two Roadmaps?—?And Why You Can’t Succeed With Only One

The Product Coalition

A Tale of Two Roadmaps — And Why You Can’t Succeed With Only One “There is no one-size-fits-all product roadmap. A roadmap can and should look different depending on the situation. Different businesses, different stages of product maturity, different audiences, and different goals might necessitate different roadmap formats.” — C. Todd Lombardo Once upon a time, in a city like yours, two versions of a roadmap emerged.

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SUNDAY REWIND: How to connect strategy with OKRs

Mind the Product

Tactics for connecting strategy to OKRs during the OKR setting process Read more » The post SUNDAY REWIND: How to connect strategy with OKRs appeared first on Mind the Product.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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From Strategy to Practice: Tactics and Metrics for Implementing PLG

Amplitude

Get expert insights into PLG tactics and metrics. Learn how to drive and track product-led acquisition, retention, and monetization.

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What Are OKRs and Why They Matter in Product Development

Gocious Blog

They say that setting a goal means nothing when you have no way to track your progress or measure your results. The same truth applies to business. Your company may set lofty objectives, but without a clear plan to achieve those goals or specific metrics to track and measure success, those goals will likely not be reached.

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How I Got My First Product Management Job?—?A Guide For All Aspiring Product Managers

The Product Coalition

What if I told you it took me 25+ failed interviews and 2+ stressful months to secure my first product management job?