August, 2023

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Seven Practical Steps to Forging a Flourishing Product Management Career

Spice Catalyst

Project management can be a thrilling and rewarding career path for professionals from various fields. It’s one of those careers that almost everyone wants to pursue, but many find it hard to land a job. Below, Spice Catalyst shares some simple steps for advancing your product management career and getting your first job! 1.

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10 Product Strategy Mistakes to Avoid

Roman Pichler

Listen to the audio version of this article: [link] 1 No Strategy The first and most crucial mistake is to have no product strategy at all. When that’s the case, a product is usually progressed based on the features requested by the users and stakeholders. As there is no strategy, objectively assessing the impact of the requests is virtually impossible.

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Driven by Purpose: The Secret Behind Successful Products

The Product Coalition

“People don’t buy what you do; they buy why you do it. And what you do simply proves what you believe.” — Steve Jobs My career was forever changed. “Why?” Such a simple question. Yet so hard to answer. It was a sweltering summer day in Atlanta in a bland, boring corporate office struggling to keep pace with the heat. Despite my apparent struggle to focus given the office temperate, a colleague decided to toss a bomb my way.

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Product Managers – More Strategic as Product CEO or Portfolio Executive?

Product Management University

The product CEO analogy for product managers has been around forever, but when you think about it, does it really make sense for B2B software? Every product manager wants to have a reputation for being strategic. The question is, can you have a greater strategic impact as a product CEO or as a member of the portfolio executive team? Let’s have a look see!

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The Best Product Strategy Is a Customer-Facing Portfolio Strategy

Speaker: John Mansour - President, Product Management University

You know that sinking feeling. You’ve come up with a winning product strategy, everyone’s on board and energized, and you’re halfway down the path to execution only to have it submarined by something someone convinced your leadership was more strategic! It’s a scenario that’s all too familiar and it exemplifies one of the biggest struggles with individual product strategies.

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What to do when product growth stalls

Andrew Chen

The crisis arrives slowly, then all at once At first, everything seems rosy. The growth rate of a new product is spiking, and growing quickly, maybe even hundreds of percentage points a year. But weirdly, a year or two in, there’s some softness in the latest numbers. Maybe it’s seasonality, or maybe something else. But worryingly, it keeps slowing.

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Everyone Can Do Continuous Discovery—Even You! Here’s How

Product Talk

One of the most common responses I get when I talk about continuous discovery is: “That would never work in my organization.” But after working with thousands of product people and organizations of all kinds, I can tell you that everyone is capable of making progress on their continuous discovery journey. It’s all about finding the small steps you can take to build these habits.

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How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

When plotting out our product’s trajectory, there’s a constant tension between two competing mindsets. On the one hand, there’s the “go-big-or-go-home” moonshot approach. Where charismatic leaders rally the troops around an ambitious vision with a massive potential payoff. These high-risk gambits get praised when they succeed and pilloried when they fail.

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Unlocking Peak Performance: The Power of Psychological Safety in Product Teams

The Product Coalition

“Just as safety is crucial in improving results in industries such as manufacturing and oil drilling, psychological safety is crucial for improving results in knowledge and creative work, which is what people like us do. The safer team members feel with one another, the more likely they are to admit mistakes, partner, and take on new roles. And it affects pretty much every important dimension we look at for employees.” — Eric Schmidt, Former CEO of Google There I sat in a room as the CFO berated

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Special: The most influential product association you’ve never heard of – with Susan Penta

Product Innovation Educators

The value the Product Development and Management Association provides for product mangers and leaders Today we are talking about the most influential professional product association you’ve likely never heard of. The association is PDMA, and we’ll talk about what the they do and why you should know about them. Susan Penta is with us. She is the Chair of PDMA and has served in other volunteer roles with the association in the past.

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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The Biggest Difference Between Product Management and Portfolio Management

Product Management University

The biggest difference between product management and portfolio management is product management focuses specifically on the success of each product whereas portfolio management focuses on the success of the company (the portfolio) in chosen market segments. Product Management In a product management model, product managers assess markets where their products can best succeed and they create plans accordingly to support the company’s strategic and financial goals.

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What Netflix’s $900k product manager job tells us about AI

Mind the Product

Product leader Nichole Mace, shares her thoughts on Netflix's most recent movements to bolster its AI product management function. Read more » The post What Netflix’s $900k product manager job tells us about AI appeared first on Mind the Product.

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Product in Practice: Learning to Interview Continuously

Product Talk

It’s no secret that Product Talk is built on the foundation of continuous discovery. Yes, all of the content we create—whether it’s this blog, the Product Talk Academy courses , the community , or the Continuous Discovery Habits book—focuses on the various facets of continuous discovery. But it’s not just the subject matter we write about. The principles of continuous discovery actually power a significant amount of the work we do behind the scenes at Product Talk, too.

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Customer Acquisition Guide For SaaS: Definition, Metrics and Examples

Userpilot

What is customer acquisition for SaaS, and how can you leverage it to drive sustainable growth ? This article answers that and more. You’ll learn: The different stages of the acquisition funnel Teams responsible for acquisition Why the process doesn’t end when customers sign up to use your tool Effective customer acquisition channels and how to reduce customer acquisition cost How to measure your customer acquisition efforts TL;DR Customer acquisition refers to the actions and strate

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Identify Assumptions, Hypothesize Quickly: Generating Useful Feedback to Improve Your Product

Speaker: Scott Sehlhorst - President of Tyner Blain, Product Management and Strategy Consultant

What we build are features, intended to add value for our customers and advance our company's financial goals. To know what to measure, you have to unearth your assumptions of how each feature will make things better, and form testable hypotheses. See how to build an impact map, understand leading indicators, and write disprovable hypotheses - which are the inputs to your experimental design.

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A Deep Dive into the Software Development Life Cycle (SDLC)

The Product Coalition

The Software Development Life Cycle provides a practical framework you can apply to your product and improve your processes. It helps us meet customers’ demands, needs, and expectations. You can outline and define a detailed plan for stages, phases, and requirements with SDLC. It covers planning, estimating, and scheduling. With the support of the SDLC, You can track and control your calendar, and increase productivity and speed of development.

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The Pioneer Awards: Now Accepting Submissions

Amplitude

The Amplitude Pioneer Awards are now open for submissions. These awards celebrate all types of Amplitude customers using data to build great products and experiences faster.

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Free Product Management Events in September 2023

Product Management University

If you want to be well connected and stay on top of your game, here are five free product management events in September 2023. Two are in-person and three are virtual. Here they are. August 30, 2023 | Virtual Greater Strategic Impact, Product CEO or Portfolio Executive? The age-old debate of “Product CEO” vs. the fresh perspective of “Portfolio Executive” in the world of product management.

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How Duolingo uses AI to enhance its user experience

Mind the Product

Digital learning app Duolingo has been on a hypergrowth journey since it was founded in 2011, and now over 20 million active users worldwide. We caught up with Edwin Bodge, Principal Product Manager at Duolingo, to learn more about its product strategy, how AI has helped, and where the product is heading next. Read more » The post How Duolingo uses AI to enhance its user experience appeared first on Mind the Product.

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Value-Driven AI: Applying Lessons Learned from Predictive AI to Generative

Speaker: Data Robot

Enterprise AI maturity has evolved dramatically over the past 5 years. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming. Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Join our DataRobot experts to reflect on lessons learned from helping hundreds of enterprises grow their AI maturity over the past 5 years.

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449: The secret advice tech companies use to excel in product – with Ben Foster

Product Innovation Educators

How to solve common dysfunctions in product management Today’s guest is Ben Foster, the Co-Founder and Executive Chairman at Prodify. He is convinced that product is the single most important success driver for tech companies, which is why he founded Prodify to share what he learned from being an advisor to over 50 tech companies to realize their full potential.

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Product Drive 2023 – How to Build Products Users Love

Userpilot

It’s 2023, and customers have options. This makes it more important than ever to create products people actually want to use. But how do you do that? What strategies can you implement to drive acquisition and retention faster? How do you ensure your team doesn’t lose momentum along the way? The expert speakers at Product Drive 2023 will answer these and many more questions.

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When You Lead Daily Standups, What Are Your Best Techniques?

The Product Coalition

We asked product leaders how they lead daily standup activities. Here’s what they said. By Tremis Skeete , for Product Coalition Daily standups — the daily meetings product team members are either excited about or quietly dread. The rituals are loved and hated by product people around the globe, and it’s not the kind the activity that will go out of fashion anytime soon, so our best response is to discover ways to make these activities valuable, for everyone.

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Behind ISRO’s engineering thinking and some lessons for India’s startup ecosystem

NextBigWhat

What was Chandrayaan-3’s budget? Well, a mere ₹ 615 crores. What does 615 crores mean in today’s tech economy? Let’s look at some comparables. Here is a quick data point from the well-funded consumer startups Here is some more data point: ISRO’s engineering thinking Always-learning is how I’d describe that. We tried to build one […] The post Behind ISRO’s engineering thinking and some lessons for India’s startup ecosystem appeared first on nextbigwhat.

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Keep the Competitive Edge and Reduce Churn

Speaker: Johanna Rothman - Management Consultant, Rothman Consulting Group

When customers leave your product ecosystem, they often leave you puzzled about the reasons behind their departure. Maybe your product was once the best option on the market, but due to missing features and difficulties, its competitive edge has dwindled. Alternatively, customers might encounter challenges in using the product, thereby undermining the initial value proposition that drove their adoption.

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How to use Flow Metrics to Manage the Madness and Drive Action [Video]

Agile Velocity

In this quick video, Enterprise Coaches Colleen Johnson and Andy Cleff discuss… The right way to use flow metrics Difference between leading and lagging indicators 4 metrics + 1 bonus to help you measure flow at the team, system, and portfolio level Flow Metrics Video Transcript Andy Cleff Hello, I’m Andy Cleff and I’m joined today with Colleen Johnson.

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Storytelling and driving accountability with data

Mind the Product

Product leader, James Gunca, discusses how data-driven narratives, tailored context, and audience understanding can transform product managers into effective storytellers for better outcomes. Read more » The post Storytelling and driving accountability with data appeared first on Mind the Product.

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452: Using exploration, alignment, and decision-making to innovate into the unknown – with Atif Rafiq

Product Innovation Educators

What product managers need to know about the Decision Sprint framework for faster problem-solving Today we are talking about faster problem-solving to speed innovation by using a three-part framework including Exploration, Alignment, and Decision-Making. Our guest is Atif Rafiq. He invented a system for problem-solving based on his 25-year career spanning Silicon Valley and the Fortune 500.

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What Is Product Management? Roles, Process, Tools, and More

Userpilot

Product management is equal parts art and science – and it’s vital to the success of your SaaS. In this article, we’re going to unpack what is product management , how it differs from traditional project management, the role it plays in building products that delight your users, and the skills a good product manager must demonstrate to succeed.

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Powering Customer-Centric Experiences with Data

We know that today’s customers prioritize experiences over other aspects of a brand. Customers' expectations for digital interactions are constantly rising, which puts pressure on brands to continuously optimize their digital strategies in order to stay ahead of the competition. When it comes to unlocking a new level of digital experience, data-driven experimentation is the key.

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Four Forgotten Tips on Becoming a Better Product Manager at Work

The Product Coalition

With the practice of product management ever-so-prevalent across multiple industries, the catalog of tips to optimize a PM’s life is Continue reading on Product Coalition »

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Evolve Your Usability Testing with These Innovative Approaches

dscout People Nerds

With some creativity, your usability testing practice can be more efficient, innovative, and customer-centered. It might actually start to be more fun, too.

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Is SAFe® More Complex Than it Needs to Be?

Agile Velocity

A picture of Kelson Gipp’s (Dave’s son) French horn. Click play to listen to Kelson showcase the rich and complex sound of the French horn. [link] Some people look at SAFe ® and they say a couple of things. They say, “Wow, that is really complex, and it has a lot of rules.” And then they kind of dismiss the whole framework because of that.