Thu.Aug 19, 2021

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Early and often: the secrets to product success

Mind the Product

Businesses today are more competitive than ever—constantly working to innovate and dominate a particular market. But oftentimes, businesses rush to get their products out the door without understanding what’s needed to build an offering that will truly benefit their target customer base. According to renowned innovation expert Clayton Christensen, there are over 30,000 new products introduced [.

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Why American Product Managers Should Live Overseas for a While

DevelopmentCorporate

American product managers should live overseas for a while. In a global software economy, it is a requirement. You will develop empathy for your international colleagues. You will learn the needs of all your customers that you cannot do from just a Zoom call. The post Why American Product Managers Should Live Overseas for a While appeared first on Development Corporate.

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How to build a winning referral program to boost your sales

Mind the Product

What is a referral program? A referral program is a product-driven go-to-market strategy utilized widely by brands across industries, to motivate existing customers to recommend the brand and its products to their family and friends. Referral has two-sided dynamics. By referring their family or friends, existing customers will get rewards, and the people that they [.

Reference 179
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So, You Have A Vision, Now What?

The Product Coalition

Photo by Gabriel Tovar on Unsplash So many aspects in our lives are based on other people’s visions coming true. Going through history, visions which became reality changed our lives dramatically, and as technology progresses, this becomes more and more true. Vision? —?a thought, concept, or object formed by the imagination ( Merriam-Webster ). Being a product manager is all about being able to turn a vision into reality.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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A Tried and True Framework for Prioritizing User Research

ProductCraft

Modern product teams are simultaneously balancing the speed with which they need to deliver new features and the need to test hypotheses, uncover unmet needs, and gain new insights about their users. So many user research questions, so little time! Given these competing pressures, how should a product team go about determining how to invest. Read more » The post A Tried and True Framework for Prioritizing User Research appeared first on ProductCraft by Pendo.

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Design Research: impacting the human experience

Imaginary Cloud - Design

Creating useful, usable, and craved products and services that respond to human needs is the basis of Design Research. Design Research is a process used by designers to better understand the underlying and sometimes hidden desires, needs, and challenges of end users. The main goal? To create an optimal user experience. It allows to understand complex human behavior and turn that into actionable insights that improve the design.

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Agile Approaches Offer Strategic Advantage; Agile Tools are Tactics, Part 2

Johanna Rothman

So when does it make sense to customize your agile approach to gain a strategic advantage? Whenever you have a unique problem to solve that's strategic to your business. Let's start with a couple of examples. Example 1: Startup/Small Organization with Few Products. SmallCo has revenue of about $30Million a year. They offer their product in two versions: Pro and Lite.

Agile 105
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Addressing the Legal & Compliance Challenge

Strategyzer

Over the last 5 years, I have had the privilege to work with several large companies helping them design and deliver their innovation programs. One element that some fail to account for is the critical role of Legal & Compliance (L&C) in the process of business model innovation.

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App Analysis: IKEA vs. Wayfair

UXCam Bluespace

A UX app analysis of home goods competitors IKEA and Wayfair.

UX 98
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Understanding User Needs and Satisfying Them

Speaker: Scott Sehlhorst

We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.

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Comparing Business Models

Strategyzer

Vijaya Thyil and Geoffrey Durden from La Trobe University in Melbourne, Australia invited me to contribute to a quantitative study on business models of Australian companies. I found this quite interesting and accepted the invitation because I think it will help us better compare business models and maybe it will even lead to identifying patterns of business model success.

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Building an operationally-intensive business and avoiding upside down unit economics  — Thirty Madison’s Steve Gutentag

The Review by First Round

Today’s episode is with Steve Gutentag , the co-founder and CEO of Thirty Madison , a healthcare company focused on widening access to specialized care for chronic conditions. After previously starting two other companies with his co-founder Demetri Karagas, they launched Thirty Madison in 2017 with Keeps , a men’s hair loss solution. The team has since gone on to launch several new brands, including Cove (for migraines), Evens (for GI issues), and Picnic (for allergies).

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Product Manager Courses: Establishing the Basics

ProductPlan

A recent article from Product Coalition explains why landing your first job as a product manager will be a challenge. As the author points out, competition is fierce, and most hiring managers want to see several years of experience. If you are hoping to land a product management job—especially your first—you will need every advantage you can find. One suggestion Product Coalition offers is to take product manager courses.

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Podcast: Building and Managing a World Class Product Management Discipline

Mironov Consulting

Steve Divitkos' In The Trenches podcast series is for entrepreneurs and CEOs running small/medium-sized businesses. I joined him for an episode about the importance of product management at the executive level.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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Intercom on Product: Keeping the momentum going as you scale

Intercom, Inc.

?. This month, Intercom turns 10 – a number that feels simultaneously too big and too small. We’ve come from a few founders with an aha moment to over 700 people working towards a clear mission. We’ve shipped countless features, invented and reinvented our Messenger, and then reinvented it some more. We’ve gone from lots of processes to no process to, finally, a sweet spot in the middle.

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A System Administrator’s Journey through multiple IT transformations

eG Innovations

July 30 was SysAdminDay 2021. For most of us at work, the day was just like the day before it but for sys admins across the globe, it was a day when they felt appreciated and acknowledged. Much of what happens behind the scenes in the IT world works well and as expected only because of our IT heroes. They’re the ones, who don the jumpsuits and parachutes in the IT universe… Some are even ready with a fire truck in tow.