Definition of Minimum Viable Product

280 Group

Greg starts by giving us a basic definition of MVP, what is it and why is it important. The post Definition of Minimum Viable Product appeared first on 280 Group Product Management.

How To Determine Market Definition and Sizing

bpma ProductHub

Let’s start with some definitions. Your shiny new product is almost ready and the Chiefs want to know: How many people will buy it? Who will buy it? What’s the revenue forecast? Feel like you’re throwing a Dart against a Roulette Wheel?

Create an Opportunity Definition

Under10 Playbook

That’s why many teams use a one-page definition document to profile the opportunity. An Opportunity definition & vision document can easily be printed from Under10 Playbook but perhaps your firm uses a Lean Product Canvas or a Business Model Canvas.

Market Definition and Sizing

Under10 Playbook

Let’s start with some definitions. Get your facts first, and then you can distort them as much as you please. Mark Twain, American author and humorist. Sizing a market opportunity has always been problematic.

5 Early Indicators Your Embedded Analytics Will Fail

definitely time to act. Updating your application’s dashboards and reporting features. may feel optional—until suddenly it’s not. Watch for these 5 signs. that you’re at risk for an analytics emergency. Early Indicators. Your Embedded. Analytics Will Fail5 Table of Contents Introduction.

Product Success Metrics, Demo Value Themes & The Definition of Successful Product Management

Proficientz – Product Management University

And lastly, the definition of successful product management. The post Product Success Metrics, Demo Value Themes & The Definition of Successful Product Management appeared first on Product Management University. The B2B Product Manager Magazine January 2018 is now available. We’re kicking off 2018 with a discussion on product success metrics and a viewpoint that there’s only one critical metric that’s important over the long term.

Marketing Basics, A Product Lifestyle Change and the Definition of Market-Driven

Proficientz – Product Management University

The post Marketing Basics, A Product Lifestyle Change and the Definition of Market-Driven appeared first on Proficientz. The B2B Product Manager Magazine March 2018 is now available. We headline our March issue by going back to one of those marketing basics that’s all too easy to forget. We also draw the analogy between a lifestyle change and the shift from a product success culture to a customer success culture. Enjoy our March issue.

Are You Just Building “Faster Horses”?

Clever PM

Product Management Agile Bad PM Culture Definitions Good PM Leadership Organization PM Problem Solving RolesMost Product Managers have, at one time or another, heard the apocyphal quote often attributed to Henry Ford, “If I asked my customers what they wanted, they’d have said a faster horse.” ” And when we hear the line, we laugh because there’s no way that we would do such a thing — the “faster horse” is […].

Testing and Redesigning Yelp, Step 1: Product Definition

UserTesting

In this eBook, we teamed up with UXPin and Optimal Workshop to imagine a redesign of Yelp, starting with … The post Testing and Redesigning Yelp, Step 1: Product Definition appeared first on UserTesting Blog. Last week, we gave a sneak peek at our upcoming eBook, UX Design in Action: Testing and Redesigning Yelp’s Website.

Testing and Redesigning Yelp, Step 1: Product Definition

UserTesting

In this eBook, we teamed up with UXPin and Optimal Workshop to imagine a redesign of Yelp, starting with … The post Testing and Redesigning Yelp, Step 1: Product Definition appeared first on UserTesting Blog. Last week, we gave a sneak peek at our upcoming eBook, UX Design in Action: Testing and Redesigning Yelp’s Website.

10 Questions with Stephen Cognetta

Clever PM

Product Management 10 Questions Definitions Good PM Leadership Organization PMOne of the best things about my blog and other activities is to meet new and interesting people in the Product Management community. Today I’m happy to present the latest in my 10 Questions series, featuring none other than Stephen Cognetta. His latest project is an ambitious online Product Management interview course that was launched […].

Predictive Analytics 101: Your Roadmap to Driving Key Product Decisions

Speaker: Sriram Parthasarathy

You'll learn: The definitions of common industry terms including predictive analytics, advanced analytics, and more. Predictive analytics is an increasingly common buzzword with many forms. It seems everyone has their own take on what it is and which best practices and business benefits apply.

Prioritization is More Art Than Science

Clever PM

Product Management Backlog Definitions Good PM Influence Interactions Leadership Planning PM Priorities Roadmap StrategyA very common challenge faced by Product Managers of all experience levels is understanding and implementing some form of repeatable process around prioritization. Some people take a very light approach, making decisions based on their own experience, data, and beliefs about the direction of the product.

Five Differences Between a Junior PM and a Senior PM

Clever PM

Even though it’s been around as a formal role in software organizations for nearly 20 years (or more, depending on who you talk to), Product Management still struggles with a lot of definition problems — what is the role, how do we grow, when do we get promoted and to where, etc. Product Management Authority Communication Definitions Influence Interactions Leadership Organization PM Roles

Are You Doing Your Standups Wrong?

Clever PM

Product Management Agile Communication Culture Definitions Good PM PM Roles ScrumDuring this year’s ProductCamp Seattle, I sat in on a great presentation by Dave Manningsmith where he discussed several dysfunctions of the daily standup ceremony (or “ritual” as he referred to it) that so many of us participate in on a daily basis. And it really made me think a lot about just how badly […].

“Agile” is More Than a Buzzword: Three Truths Behind the Manifesto

Clever PM

Product Management Agile Backlog Culture Definitions Do's Don't Good PM Interactions PM Scrum UncertaintyIt’s become rather commonplace lately for people to dismiss “Agile” out of hand as an industry buzzword with no meaning or substance to it. And in some ways, the term has earned that reputation — mostly from people who use it regularly without really knowing what it means or how it changes an organization — […].

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“Agile” is More Than a Buzzword: Continuous Improvement

Clever PM

Product Management Agile Culture Definitions Good PM Lean Organization PM ScrumThere’s more to being Agile than just blindly following the rules and processes of any specific methodology. One of the core components of effective Agile practice is internalizing the concept of continuous improvement. As I’ve touched on in other articles, Agile is a direct descendant of the concepts originating in the lean manufacturing movements of […].

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What is a Digital Product?

Roman Pichler

But when it comes to digital products, this definition has only limited applicability. Product Management 101 Product Strategy minimum viable product product definition product lifecycleProduct. What is a product ? It might be tempting to say, something we can market or sell.

Assumptions, Risks, and Constraints – The Keys to Success

Clever PM

Product Management Agile Communication Context Culture Definitions Interactions Leadership Organization Planning PMOne of the most important parts of being a Product Manager is making sure that your stakeholders and developers understand not only what you’re trying to do, but the surrounding circumstances in which you’re trying to do it. Often, this is a matter of discussing and managing scope; at other times, it’s making sure that people […].

Accepting Uncertainty is the Key to Agility

Clever PM

Product Management Agile Culture Definitions Do's Good PM PM Scrum UncertaintyI’m often asked what the key to being “agile” really is, and over the years I’ve managed to come up with a clear and concise answer: accepting uncertainty is the key to agility. It is perhaps the single most fundamental culture change that companies must go through when making a true transition to Agile development, […].

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Knowing Your Effort Budget

Clever PM

Product Management Backlog Definitions Do's Good PM Leadership PlanningIt’s amazing to me how often I talk with someone about a project they’re working on, and when asked “what’s your budget on this” they just look at me with a blank look. Let’s be real for a minute — everything we do in product design, development, and management has limits. We have limited resources. […].

User Stories Aren’t Enough

Clever PM

Product Management Agile Definitions Development Planning PM Problem Solving Scrum Uncertainty User StoriesIt’s commonly accepted nowadays that we use user stories or some variation on them to communicate our “product requirements” to development teams (job stories, jobs to be done, scenarios, etc). And while this is certainly an improvement over some of the bad, old Big Up-Front Requirements (BUFR) methods that were used many moons ago, they’re […].

10 Questions: Greg Hartrell

Clever PM

Product Management 10 Questions Communication Culture Definitions Influence Leadership PMA few weeks ago, I was perusing Quora as I often do, and came across a really great and insightful answer describing the differences between a “good” and “bad” roadmap by Greg Hartrell. The answer was so good that I couldn’t help but reach out him, and invite him to share some of his insights here […].

That Which is Urgent is Not Always Important

Clever PM

Product Management Agile Definitions Do's Good PM Leadership PM Problem Solving PsychologyWe’ve all been there — that sudden call from one of your Sales team with a customer “on the hook” but they only need this one more thing to close the deal. Or maybe it’s an escalated issue from your biggest customer that lands in your mailbox with gigantic ALL CAPS AND EXCLAMATION MARKS!!!!!! Or worse […].

Agile Transitions – Managing Expectations

Clever PM

Product Management Agile Culture Definitions Good PM Influence Leadership Organization PM ScrumWe live in a day and age where there’s a ton of information and mis-information out there about pretty much every topic imaginable, and Agile development is certainly not immune to this phenomenon. In fact, anyone who looks for help in pushing through an Agile transformation in their organization is immediately confronted with a vast […].

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Is there such a thing as a “full stack” Product Manager?

Clever PM

Product Management Agile Definitions Developers Good PM Organization PMThere’s a rather annoying trend that’s been showing up within both job postings and resumes that’s just crawled under my skin in a way similar to the “ninja” and “rockstar” appellations that developers have adopted. The description that I’m talking about is that of the “full stack” product manager. Now, i totally get where this […].

Story Points are a Signalling Tool

Clever PM

Product Management Agile Backlog Culture Definitions Developers Development Facilitation Good PM Learning Planning Scrum Tools User StoriesI was called into a meeting with a team here in the office a couple weeks ago because they told me they had a “question” about the estimations that they were doing. As we started talking, it became immediately apparent what the problem was, they were getting into arguments about whether their estimates were “too […].

Are You “Default Ship” or “Default Delay”?

Clever PM

Product Management Agile Culture Definitions Do's Don't Good PM Leadership Organization Priorities TrustA couple years ago I ran across a blog post by Paul Jackson where he mentioned in passing the idea of a tension between “default ship” cultures in relation to corporations versus startups. For some reason, those two ends of a spectrum have stuck with me ever since, and after struggling with some culture change […].

Why Does Agility Matter?

Clever PM

Product Management Agile Culture Definitions Good PM Influence Leadership Organization ScrumWe tend to take the fact that agility is important as a given, when the reality is that not everyone in the business world has reached the same conclusion. Thus, it’s important sometimes to take a step back and examine why agility actually matters, so that when we’re faced with people who aren’t as convinced as […].

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Goals & Non-Goals

Clever PM

Product Management Agile Communication Definitions Do's Good PM Planning PMOne of the most important part of our jobs as Product Managers is setting goals — goals for ourselves, goals for our teams, and goals for our products. Goals are important — they set the North Star for us to know where we’re going, why we’re going there, and how we know whether or not […].

The Product Lifecycle

Clever PM

Product Management Definitions Development Do's Good PM Learning MVP Planning PM PrioritiesThis post comes courtesy of a direct request from one of my supporters over at Patreon, who asked me if I could give them a 10,000 foot-level overview of the Product Lifecycle from ideation to delivery. While nothing here should be terribly earth-shattering or world-changing, I think it’s important for us as Product Managers to […].

Build for the Novice, Enable the Expert

Clever PM

Product Management Culture Definitions Development Do's Good PM Planning PM UCDI’ve been working on B2B solutions for a very long time (dating almost all the way back to the turn of the millennia), and in that time I’ve come to realize that far too many applications try to be everything to everyone, and as a result really wind up serving nobody at all. You can […].

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The Many Hats of the Product Manager

Clever PM

Product Management Culture Definitions Good PM Influence Leadership Organization PM RolesSometimes an idea just strikes me out of the blue and sounds interesting enough to sit down and write a little bit about. This is one of those posts, spurred on by a discussion I had today with a newly-hired Product Manager with almost as much experience as me. As we were talking about our […].

Understand the Purpose of Your MVP

Clever PM

Product Management Agile Definitions Good PM MVP Planning PMThe concept of MVP is an interesting one in the Product Management world — interesting, in that just like the role itself, it seems to mean something different to almost everyone that you talk to. On one side of the spectrum, you’ve got the Lean Product folks who seem to think that a landing page […].

How Much Technical Debt is Too Much?

Clever PM

Product Management Agile Backlog Definitions Developers Development Do's Good PM Planning PM Priorities Problem Solving Technical

The Importance of Scrum Ceremonies

Clever PM

Product Management Agile Backlog Culture Definitions Good PM Organization PM ScrumI recently had a really great conversation with a fellow co-worker about how and why companies struggle with the adoption of agile methodologies like Scrum. It just so happened that he had come from a very large company where someone had undertaken something unheard of — they attempted to objectively measure the effect that Scrum […].

The Clever PM’s Hierarchy of PM Needs

Clever PM

Product Management Culture Definitions Good PM Influence Leadership PM PsychologyThere’s a well-known theory in psychology known as Maslow’s Hierarchy of Needs, named after its creator Abraham Maslow. The concept behind this theory is that as human beings there are certain needs and interests that we seek to fulfill in a predictable priority — from physiological needs for food, water, and sleep up to social […].

10 Questions: Teresa Torres

Clever PM

Product Management 10 Questions Definitions Good PM Leadership Learning PMI’m excited to kick off the new year with a new installment of my ongoing “10 Questions” series, surveying leaders in the Product Management world for their thoughts on the fundamentals of Product Management as well as questions related to their specific areas of expertise. For this January’s article, I reached out to Teresa Torres […].

Product Management: art or science

BrainMates

Product Management Product marketing Definition Product Management product managementBefore you start reading this article, take a moment to stop and think: is Product Management art or science? Write down your answer along with a brief justification.

Can Product Managers Bring A Product Back From The Dead?

The Accidental Product Manager

After having giving it some thought, the AT&T wireless product managers came up with a plan to change their product development definition and win over DirectTV customers to the AT&T wireless service: bring back the dead unlimited wireless data plan.

Distinction Bias: Why You Make Terrible Life Choices

Nir Eyal

a beautiful flower slowly blooming to reveal each petal, pistil, and stamen in exquisite super high definition detail. There I was, looking at an enormous wall of television screens. Each one flashed the exact same scene? —? It was downright sexy. But now it was time to make my choice. Would I buy the $400 […]. The post Distinction Bias: Why You Make Terrible Life Choices appeared first on Nir and Far

New Product Management For Dummies Book Now Available

280 Group

The definitive guide to Product Management and a must-read for any and all Product Managers.

Books 249

The Importance of a Product Management Framework

280 Group

In order to understand what a Product Management framework is, it’s helpful to understand the literal definition of a framework: a basic supporting structure that underlies a system or process. What is a Product Management Framework?