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Customer Insights and Idea Generation AI tools can analyse market data, customer feedback, and emerging trends to suggest new products and features, assuming that enough relevant data is available. You might even ask a chatbot like ChatGPT to come up with ideas to understand if you have missed any opportunities.
The core focus of these activities is on thorough market research, continuous customer engagement, and strategic product development. Building the Foundation for ProductVision This activity serves as a bridge between problem validation and productvision development.
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.
From analyzing market trends to churning user needs and technical feasibility into golden product ideas, there are many benefits of ChatGPT for product managers. A potent tool, ChatGPT has proven to be a strategic addition to the product management toolkit, churning out ideas in even the most unlikely scenarios.
Instead, I believe that AI will have the most profound impact on the high-level (and historically most valued) skills of product management: developing a strategy, crafting a vision, identifying new opportunities, and setting goals. Here’s the day-to-day product-shaping work of a PM, and how I believe AI will impact it: 1.
In our conversation, we discuss: Challenges and lessons from reviving growth at YouTube and Thumbtack Lessons from building Facebook’s New Product Experimentation team Insights into Grammarly’s success Knowing when it’s time to kill your project Why diversifying your growth channels is critical The power of visioning and storytelling (..)
When I tried using ChatGPT, I found it disappointing for strategic and innovative work—like consulting a chatty Wikipedia. Eventually my eng manager, Oleksii , took pity on me and showed me how to write detailed, near-perfect user stories with ChatGPT ( which I covered in my discussion on Lenny’s Podcast !).
They’re in charge of driving the entire product management process themselves. Nevertheless, some core roles and responsibilities of a product manager are: Develop productstrategy and vision. Gather and prioritize product requests. Will it align with our productvision?
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.
Oh no, not another blog about ChatGPT. Awkward confessions of love aside, there is no doubt that ChatGPT and other AI tools like it are poised to impact every aspect of our lives. And product management is not immune to this new era of artificial intelligence. The premise: How can we use ChatGPT in the Productplan platform?
6 core principles for structuring high-performing product teams How an organization structures the product team directly influences the team - and the company’s - success. Can the product team flex and scale as the business grows? I wrote about productstrategy in a prior newsletter.] There are two sides.
That behaviour shift is exactly what ChatGPT Search betson: Become the default place professionals and builders come to ask, understand, and act on live informationdelivering cited answers, deep research, and creation tools in one ad-free workspace. Where is ChatGPT Searchplaying? instant Top link card + faster serving). Speed is key.
I want to learn to build better products How the best companies operate: Linear , Perplexity , Stripe , Figma , Ramp , Shopify , Notion , Wiz , Duolingo , Coda , Deel , Palantir , Gong , Meta Mission → Vision → Strategy → Goals → Roadmap → Task How to get better at productstrategy (also check out this , this , and this (..)
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. was a flooring business with a bold vision. As an example, Interface Inc.
Claude Opus 4 has crossed a critical threshold where it has become a genuine thought partner for strategy. Mike now uses Claude as his go-to productstrategy partner, and for the first time, it provides novel angles he hadn’t considered. MCP (Model Context Protocol) might be the most important thing Anthropic has shipped.
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