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Productside | ProductManagement Courses & Training How WellNest Rebooted ProductStrategy (eBook Preview) When product teams get stuck in backlog chaos, stakeholder noise, and reactive shipping, its not a process problem. Its a productstrategy problem.
Creating a productstrategy is almost never a matter of answering a few simple questions and figuring it out. Being very pragmatic, he hates stale discussions and so in almost every meeting we have, he keeps questioning the process that will lead us to the right productstrategy. Sounds confusing? The primary reason W.
A solid productstrategy takes time to build. Here is the method I use for creating a productstrategy that makes sense. When I talk to the startups I consult to , or with the CPO Bootcamp participants, I always say that building a solid productstrategy isn’t like solving a math equation.
In our world, this would have been considered a great productstrategy. As you are reading this, replace Ford’s car with your own product. Plenty of Detail As you can see, productstrategy involves getting into a very detailed level of explaining the bigger picture and how it all fits together.
The Critical Role of ProductStrategy When Money Is Scarce (Part 1 — Seed) A good productstrategy is something every company needs. Here is how a productstrategy can help you create business results, even when the market is not in your favor. Productstrategy is such a vague term for most people.
helping the company transition from a founder-led product approach to building a strong, sustainable product culture. I have been helping her reshape how productmanagement is perceived in the company by building a solid productstrategy, team structure, roadmap, processes, and more.
The Critical Role of ProductStrategy When Money Is Scarce (Part 2 — Rounds A, B, and Later) When you start selling your product, you feel great, but that doesn’t last for too long. A productstrategy is often the missing link that would convert your efforts into actual revenue. Here is how it works.
Lucid Softwareâs Chief Product Officer Dan Lawyer offers a metaphor that reframes how we think about productstrategy and product roadmap disruption, direction, and progress. The sail: Stands for strategy and roadmaps â the elements that must be constantly adjusted to maximize momentum.Â
The Critical Role of ProductStrategy When Resources Are Limited (Part 2 — Rounds A, B, and Later) When you start selling your product, you feel great, but that doesn’t last for too long. A productstrategy is often the missing link that would convert your efforts into actual revenue. Here is how it works.
How organizations can empower productmanagers Today we are talking about what a product-led organization is, barriers that can prevent an organization from being product-led, and actions to create the product-led organization. I eventually got fired as a productmanager.
In recent years it seems that productmanagement is all about execution and delivery. Photo by Kea Mowat on Unsplash When I moved into productmanagement, almost 20 years ago, it used to be a very senior role. The discussion was about whether or not someone is senior enough to move into productmanagement.
Mobile productmanagers no longer simply oversee the product backlog or just organize their team’s tasks. In 2020, PMs play a massive role in productstrategy and determining the overall customer experience. Due to rapidly-changing technology, customers have high expectations for the products they use.
Productstrategy is one of the most important tasks of the product leader, and definitely one of the hardest things to do. This should be your first step into productstrategy. Since productstrategy is so hard, many companies simply skip it. in detail?—?which Make sure your paper works.
Productmanagement is certainly no exception. Productmanagers and leaders need to find ways to keep learning and growing in an ever-evolving product environment. There’s an abundance of books, podcasts, as well as events at your disposal that cover various productmanagement topics.
Creating a solid productstrategy is an ongoing process, not a one-time effort. But how can you test a strategy? Photo by Ron Lach from Pexels As I said in the first post of this series , productstrategy starts with getting very detailed about what you are trying to do and why it would work.
Written by Dan Olsen, ProductManagement Consultant and Author, for our ebook, The Path to Product Excellence: Stories and Advice From the Field. Why was Instagram’s product so successful? I want to share some important productstrategy tools that.
SplitShire-London-Collection-210062 When I work with companies on sharpening the value proposition and refining the productstrategy, one of our information sources for the process is their existing customers. Who they are, why they chose to work with the company, what value they are getting out of the product, etc.
Influence without authority has always been the foundation of productmanagement. As product leaders, this is even more important. Many product leaders who were formerly productmanagers, or even product group leaders in large organizations, suffer from the same issue. If only I knew it back then.
For some reason, most of them want my productstrategy and product-market fit lectures during May and June, every year. Unlike the last 3 sessions, the audience in the other training program mostly consisted of freelancers and people who aspire to become productmanagers. Speed-Up the Journey to Product-Market Fit.
A good productstrategy helps you to acquire happy customers and retain them over time. Here is how productstrategy helps you overcome them. Photo by Braden Collum on Unsplash Working on productstrategy is an iterative process. would ask why it is important to continue refining even the finest details.
I would argue that even if you are beyond that spot, and as a product leader you do much more than UX, you and the company might still not realize what is your primary responsibility as a product leader. Why This Happens Productmanagement is a unique role in so many ways. and crosses all domains. But Do You?
Creating a Solid ProductStrategy One of the CEOs that I work with as part of my consulting services recently reflected with me on the process we went through for creating their new productstrategy. It was a lengthy process, with quite a few trials and errors, until we found the right strategy.
This post is an excerpt from our ebook, “Building excellent products in the age of remote work,” written to help you overcome today’s unique challenges and focus on what really matters—building excellent products that customers truly need. Even before COVID-19, the writing was on the wall for productmanagers.
I’m sure you know this quote and see it a lot in productmanagement. But the difference between theory and practice isn’t limited to productmanagement theory — mostly processes and methodologies. It’s much more than a UX exercise, it ties directly into your productstrategy.
Mistake #2: Creating Objectives That Are Efforts and Not Outcomes Now that we have established that product goals are about the product and not about productmanagement, what should these goals be? My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an
Every now and then, early-stage founders approach me to hear about their product idea and give them feedback. This mostly happens with products related to the product space itself — products for productmanagers and product teams. But in productmanagement that is never true.
We help them with their productstrategy as well as building a strong product organization. That, of course, includes helping them hire the right people, and specifically the right product leader. That’s why they are looking to hire a product leader and not just a senior productmanager.
Leadership without authority is productmanagement 101. But as a product executive, you must take it to the next level — and this time use it with the entire management team. Image by Denis Doukhan from Pixabay In the CPO Bootcamp we talk a lot about productstrategy. You have what it takes to do it well.
It took me time to understand that I need to present myself as a product leadership coach and productstrategy expert rather than a consultant. One other misunderstanding that was much harder for me to explain was related to how people understood the word ‘product’ in what I do. We are here to help you.
As a productmanager, understanding these jobs and workflows is crucial. The Solutions Value Chain: It’s Not Just For ProductManagement The Solutions Value Chain is a powerful framework, and it’s not limited to just productmanagement. Getting Tactical: What Jobs and Workflows Need to Change?
I’m sure that your product, too, has a generic list of competitors. But when you define your productstrategy, and your differentiation from the competition, it is important to understand what your real competition is.
Your product will always have bugs, and you will always need to chase and fix the important ones. But sometimes, the really important bugs are not showing in the product itself. These are bugs in your productstrategy, and if not fixed, it will be very difficult for your product to succeed.
It’s been a while since I’ve posted, but that doesn’t mean I haven’t been busy writing and doing other things related to productmanagement, of course — here’s an update! August 8 in Denver: ProductStrategy on a Page. October 2 in Cleveland: ProductManagement Leadership.
It’s been a while since I’ve posted, but that doesn’t mean I haven’t been busy writing and doing other things related to productmanagement, of course — here’s an update! August 8 in Denver: ProductStrategy on a Page. October 2 in Cleveland: ProductManagement Leadership.
Productmanagement is a creative job in the deepest sense: We create products. But the level at which we need to do so changes dramatically over the course of a product person’s career, and the transition is not always easy. Here are three levels — each relevant to a different stage in your career and your product.
As productmanagers who are constantly in meetings and get questions from all around, this is critical. One of my best tips for doing deep product work used to be to work from home. It was a countermeasure to the popular symptom of productmanagers doing their real work?—?market That’s awesome and very important.
My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an an executive’s guide to strategic productmanagement is waiting for you at www.ganotnoa.com/ebook Originally published at [link] on February 23, 2021.
The Trade-Offs You Already Made As a productmanager, you make trade-offs all the time, not only in the goals you set (as mentioned in the example above). Who knows, if you do it well enough you might even be able to go on vacation and they will manage without you ??
Some takeaways for you from a product interview I had at Google many years ago. Photo by John Tekeridis from Pexels When I decided to move into productmanagement I interviewed, among other companies, for a productmanagement role at Google. What was missing in my answers was solid product thinking.
Note: The examples that I will give here are related to productstrategy but the same principles can be applied to many other areas — either strategic or simply tough or complex decisions that you need to make where there is no perfect answer (for example, decisions on team structure, hiring, priorities, go/no-go, or anything else).
Productmanagement is such a busy job. The hectic day-to-day in itself contains more work than one can do, but we all know that real product work requires much more than that. Photo by Alice Dietrich on Unsplash I recently started to work with the product guild at a well-known company that is about to go public.
When you consider the ideal customer profile, you need to get yourself into your customers’ world and deeply understand what they need to go through before they are ready to buy your product. My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an Make yourself an expert in this area as well.
My free e-book “ Speed-Up the Journey to Product-Market Fit ”?—?an an executive’s guide to strategic productmanagement is waiting for you at www.ganotnoa.com/ebook Originally published at [link] on January 26, 2022.
In my case, the MBA greatly contributed to the shift I made into productmanagement. I specifically remember that I consulted with another marketing teacher there about what should my next career steps be, and he suggested “That I should try this thing called productmanagement”.
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