Mon.Aug 26, 2019

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What is a Minimum Viable Product (MVP)?

ProductBoard

Several years ago, I sat down with a group’s General Manager as she walked me through a new product launch. There was a well-defined timeline that started with a Minimum Viable Product, or ‘MVP,’ and ended a year or so later with something along the lines of ‘Version 3 Enterprise Edition.’ There were financial growth projections and hiring plans. There was a lot of excitement in the room.

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Driving Innovation in a Fast-Growing Industry: The Importance of Organizational Collaboration

Sequent Learning

Whether you’re on the road or away from your desk, you’ll want to stay connected with innovative ideas from Sequent. Our Masters of Product Management podcast provides listeners with engaging topics to help you think differently and about things you encounter daily, but often don’t have enough time to reflect and take action. Get your dose of insights, in just 15 quick minutes by tuning into the Masters of Product Management podcast.

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TEI 244: 44 ways product managers can test ideas – with David Bland

Product Innovation Educators

Know how to test a product by measuring risk through desirability, viability, and feasibility. I’m someone who enjoys learning from books. I often find great tips I can apply from a good book, and that is just what I have for you. We are discussing a valuable new book titled Testing Business Ideas. It is full of practical experiments we can do as product managers to help us with problem-solution fit.

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Your Design Handoffs Probably Aren’t Enough

Michael J. Fordham

It’s time for a chat and some post-it notes Continue reading on UX Collective ».

UX 40
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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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Announcing ‘Intercom on Sales’ – our playbook for scaling a billion dollar business

Intercom, Inc.

Today we’re releasing a brand new book, Intercom on Sales. If you work at a high-growth company, you’ve likely heard the saying, “What gets you to $50 million won’t get you to $100 million.” You could swap in any numbers you’d like, and the sentiment would still hold true: scaling sales is incredibly hard. I joined Intercom three years ago to do just that, to take our nascent sales team to the next level.

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Why aren’t customer analytics companies letting you connect to your data?

Indicative

Data Storage Has Changed. The data landscape has transformed dramatically over the past few years and major players in the analytics space are failing to keep up. Fifteen years ago when I started my first company, in order for us to understand customer behavior we had to buy servers, rack them, and pay dedicated software engineers to gain insights. The market has moved to a place where every company, big and small, is able to afford their own data warehouse in the cloud.

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Alignment through OKR’s and Hypotheses

The Product Coalition

Credit Henrik Kniberg & Crisp When you start to scale and have multiple products and/or teams, alignment becomes paramount. The general trap is to try and control things to stop misalignment form every happening by adding many layers of bureaucracy?—?or as I like to call “forced-alignment”. This stifles creativity, does very little to keep your people motivated and usually degrades team velocity.

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How – and why – I totally reinvented our company’s project reporting method

Bryce York

In a rush? I’ll email you a copy of the project status report template, an instruction slide, and a full video walkthrough for free. Fix my project reporting. If your product management team is anything like mine, you: Constantly have to work to keep stakeholders on the same page and up-to-date on what’s happening. Spend more time on project management than you’d like to.

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Customer Interview learnings from “The Mom Test”

The Product Coalition

Photo by Hans Vivek on Unsplash The Mom Test by is one of the best books I have read about customer interviews. If you are a Product Manager or a UX designer or researcher, and you haven’t read it….please just go and read it. I just hope some of the nuggets I share here (with my own commentary) help convince you. Seriously its a short read, costs 10 bucks on Kindle and just so worth it.

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Exploring PerfDog Whitepaper 2024: Unlock the Power of Performance Testing

Key Takeaways Robust Platform & Multi-System Support: Brief introduction to PerfDog's extensive compatibility across various operating systems and hardware platforms including Android, iOS, PC, gaming consoles and more. In-Depth Performance Metrics: Quick view of the extensive range of metrics for system, graphics and rendering, user experience, in-depth analysis, and more.

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Transition from Marketing to Product Management? Read this

NextBigWhat

How do I transition to product management? How do I make that switch? Well, marketers have a great advantage and (a little) disadvantage when it comes to making the switch from marketing to product management. Quite a few successful product managers come from marketing background and if you are one figuring out how to make that switch – here is a comprehensive guide which will help you through the process.

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How to declutter product portfolios with modular productization

The Product Coalition

Photo by Daria Shevtsova from Pexels When Steve Jobs returned to Apple in 1997, Apple was bleeding money and sales was plummeting. There were many product lines and different versions of the same products made to meet different customer needs. One of the first things Steve did was to simplify the product line?—?cutting it by 70%. He mapped a simple 2x2 that outlined 4 products for Apple to focus on.

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Q&A With An Executive: How To Feed An Innovation Funnel

Strategyzer

A short while ago, I had a coffee chat with the Chief Digital Officer of an ASX100 consumer goods company who is currently leading the digital transformation of a product-based company into the digital world. She is constantly approached by “silver bullet solution vendors” and expressed her surprise at just how many charlatans there are in the field of business transformation.

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Productness: A mindset to design digital products and services

The Product Coalition

As digital media has evolved from simply-linked webpages to rich-applications, a new term seems to have emerged from a new understanding of craft, process, design and marketing: the digital product. Having spent the last four years working from my studio for Startups and corporates in Berlin and across the globe, I’ve been able to gain a unique insight into why product is such a thing right now.

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Product Management Careers: Job Prospects, Pathways, and Must-Have Skills (2024)

The product management job market in 2024 reflects the fast-growing and ever-evolving nature of the field. For product managers looking to future-proof their careers and take advantage of new opportunities, staying informed about the professional landscape is a smart move. In this comprehensive career guide from Regis College, you’ll learn about: The current job outlook for product managers in 2024 Six professional pathways and the average salaries for these roles in the U.S.

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What is a Minimum Viable Product?

ProductBoard

Several years ago, I sat down with a group’s General Manager as she walked me through a new product launch. There was a well-defined timeline that started with ‘MVP’ and ended a year or so later with something along the lines of ‘Version 3 Enterprise Edition.’ There were financial growth projections and hiring plans. There was a lot of excitement in the room.

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Four Keys to Modern Product Management

The Product Coalition

This is a continuation of my post on building a modern product management organization. Part 1 was posted here. In this part, I try to cover the keys to modern product management and how products actually grow. Everyone is in search of the growth line that goes up and to the right (the red line). That’s why I labeled it the growth line that everyone draws. it’s the growth line that everyone is in search of because they think that’s how real products get built and scale.

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Product Managers Prepare To Battle It Out Over A New Type Of Milk

The Accidental Product Manager

Are you ready for some newfangled milk? Image Credit: Mike Mozart. When you go shopping, what do you get? If you are like most of us you probably pick up some eggs, some cheese, some vegetables, and, oh yeah, some milk. However, what type of milk do you get? For a very long time our choices have been somewhat limited. We always got the same types: whole, 2%, or skim.

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Crafting A Project Charter

Actuation Consulting

Required to be clear and concise, the project charter is never the less charged with setting down lots of information in a high-level document. Just look at what the Project Charter should cover…. Project scope Project objectives Deliverables Schedule Required resources Communications plan Risk management Project monitoring Controlling procedures for the project.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.