article thumbnail

Common Product Vision Board Mistakes

Roman Pichler

A good vision exercises pull—it describes a future state that people want to bring about. It can also result in a large product backlog and high development cost: The greater the number of people who should benefit from your product is, the more diverse their needs are likely to be, and the more features are usually required to address them.

Vision 300
article thumbnail

Mastering Product Sense and Execution Interviews

The Product Coalition

I am not in favor of assigning home exercises. A typical product sense and execution interview might commence with an intentionally broad question, such as, “Imagine you’re tasked with developing an AI model to predict the success rates of a dating app.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Idea Exploration Workbook: 15+ Free Miro Templates To Navigate Exploring New Ideas

The Product Coalition

It consists of ’15+ free Miro exercises with reading materials that anyone can use to take their idea from zero to zero point one. No previous startup knowledge required.

Startups 111
article thumbnail

SVPMA July Meeting – Steven Haines

The Product Bistro

An interesting role play, Steven lined up 6 victims willing participants, to represent the major functional groups in an organization, Product Management, Operations, Sales, Marketing, Customer Support, and Development, providing each of them a backstory to guide their motivation. The exercise was interesting.

article thumbnail

The Importance of Market Segmentation

The Product Bistro

One of the core responsibilities of Marketing in an organization is to effectively define and track the marketing segments. This is far more than just an academic exercise, but is essential to many other key tasks within a company. It is also crucial in new product development.

Marketing 170
article thumbnail

SDLC Phases and Examples – What Is Software Development Life Cycle

The Basics of Product Management

Software Development Life Cycle (SDLC) is the process of building software, using 6 phases – Analysis, Definition, Design, Coding, Testing and Deployment. The acronym also stands for system development life cycle. People use it interchangeably with software development life cycle. It is, of course, handled by developers.

article thumbnail

Essential Product Manager Skills

The Product HQ

Good communication skills also involve conducting market research and interpreting key performance indicators to drive strategic thinking. This skill helps in fostering a collaborative environment and is critical for bridging the gap between technical expertise and market demands.