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With the release of ChatGPT, it seems like a digital assistant has arrived. ChatGPT on the other hand is easy to access, use and train for anyone. In this article, we’ll explore what ChatGPT is and how it works. You’ll be able to understand how chatGPT can be a great tool for product management.
AI can help with: Rapid generation of initial draft product briefs Assistance in structuring briefs with key components Increased output and iterations Brian notes that while AI can significantly speed up the process of creating product briefs, these documents often require nuanced understanding and strategic thinking.
Definition and Core Components Outsourced software product development refers to the practice of delegating all or part of the software development lifecycle to an external partner. This can include: Productstrategy: Roadmap definition, market research, feature prioritization.
.’ ” Another example—when Sam Altman, CEO of OpenAI, was asked four years ago how OpenAI would make money, here was his answer: “We have made a soft promise to investors that once we’ve built this generally intelligent system, we will ask it to figure out a way to generate an investment return.”
Some context: The typical product manager ( PdM ) gets dozens of new requests and demands and ideas and suggestions and escalations and bug reports and customer complaints and ChatGPT-generated word salads each day. It’s hard for product managers to throw themselves in the way of potential 6-figure revenue.
with over 3,000 5-star reviews), and the YouTube channel is about to hit 50,000 subscribers. The newsletter nearly doubled (approaching 600,000 subscribers!), the podcast went from essentially nothing to a top 10 technology podcast in the U.S.
As you’ve heard about ChatGPT, it can already assist you in creating an actual productstrategy if you provide the right data—going as far as creating predictive models, simulating customer interactions, or brainstorming ideas for product development.
Using Problem Statements to Make Choices I talk about using problem statements to “shape” a productstrategy. Using problem statements is an operational approach to shaping and expressing a productstrategy which makes it actionable. I want to take a step back and explain. I still have no idea.
As a result, most people underestimate how close ChatGPT and other tools are to replacing the work of a human. Whenever you see the headline of an article or scientific paper that says “ChatGPT can’t do x,” it’s usually because they didn’t use the latest model and didn’t make use of prompt engineering.
For existing employees, when conducting performance reviews, consider if they listen with patience and go into situations seeking to understand or is their style to belittle, intimidate or control. I wrote about productstrategy in a prior newsletter.] There are two sides.
For example: a statement such as “Our company makes a cheap product with few features and great support” Pair with opposites and identify choices that companies make Act like a lawyer: make a great case for the opposition Extract choices: refine these choices into intelligent decisions that could have been made Identify attributes — there are no strengths (..)
Beyond the Hype: AI for Strategic Foresight By Erica Wass Product professionals are now being held to a higher standard as they are increasingly expected to deliver commercial outcomes and drive strategic value. Market-defining shifts rarely show up in sprint reviews. They build gradually, then change everything.
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