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For the past eight years, I’ve been working with C-Suite leaders at companies big and small to set up their Product Management organizations. Some of these are Fortune 10 software-enabled companies going through digital transformations. Others are SaaS companies that are scaling or have scaled recently and want to ensure they are doing it in the best way.
I was at a recent Product Coffee meeting and the subject of stakeholder alignment came up. I immediately sensed heightened stress levels in everyone’s voice as the discussion progressed. I know stakeholder alignment has always been a challenge, but the intensity has clearly been ratcheted up as the complexities in product management continue to grow.
Listen to the audio version of this article: [link] Involve the Right Stakeholders Stakeholders can form a large group, especially in bigger companies. [1] They might include senior management, marketing, sales, service, operations, finance, and HR. Securing everyone’s buy-in would be impractical—it would most likely take too much time. You should therefore focus on the stakeholders whose input and support you really need.
I’m hosting a lineup of free events throughout August! I’d love for you to join one. August 6th: The What & Why of Continuous Discovery In this webinar, I’ll introduce participants to the continuous discovery framework I outlined in my book Continuous Discovery Habits. We’ll cover: The difference between discovery and delivery My definition of continuous discovery Why continuous discovery matters What a good continuous discovery team does week over week How you can develop your own discovery
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
Who is leading the race to develop AI products? In May, we surveyed product people around the globe to learn how the community is leveraging AI in their personal work and the products they provide to users. The survey found an interesting dichotomy. While European and North American product people are equally as likely to Read more » The post Product survey findings: Only 15% of users are embracing AI features appeared first on Mind the Product.
As the way organizations do business continues to evolve, one thing will always remain critically important: the Voice of the Customer. This is the key factor to understanding what your customers need now and what they’ll need in the future. If the answers to these questions are keeping you up at night, it might be time to take a step back and reassess your Voice of Customer program.
As the way organizations do business continues to evolve, one thing will always remain critically important: the Voice of the Customer. This is the key factor to understanding what your customers need now and what they’ll need in the future. If the answers to these questions are keeping you up at night, it might be time to take a step back and reassess your Voice of Customer program.
Essential strategy tools and frameworks for product managers Watch on YouTube TLDR Want to level up your product management game? This guide dives into the world of product strategy, sharing insights from expert Andreas Maihoefer. We’ll explore key tools like the House of Strategy, which shows how different levels of strategy fit together, and the VRIO analysis, which helps you spot your competitive edge.
👋 Hey, I’m Lenny and welcome to a 🔒 subscriber-only edition 🔒 of my weekly newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. For more: Best of Lenny’s Newsletter | Hire your next product leader | Podcast | Lennybot | Swag Subscribe now Q: What trends are you seeing in how incumbents are pricing AI features and products?
We’ve entered the age of the customer. Our customers are busy and don’t want to explain the features, functionalities, or enhancements they need. They want us to understand their obstacles and hindrances. Even when they convey their needs, we still need to translate them because what customers say and what they mean can be different. Our customers exist independently of our products.
Stand out in your product management interview with guidance from Priyanka Upadhyay, an experienced product leader and Stanford Online program coach. In this guide, Upadhay dives into five key competencies interviewers will likely want to assess. She provides sample questions with detailed answers spanning: Product strategy Product design Execution Market estimation Teamwork Confidently land the product management role you want by pre-empting what interviewers are looking for and demonstrating y
A clear outcome sets the scope for discovery. It defines how much latitude a team has to explore. It sets a clear measure of success. But many teams struggle to set the right outcome. Whether they have a hard time negotiating with stakeholders , feel pressure to commit to multiple outcomes, or unintentionally assign themselves an output instead, this is a critical aspect of continuous discovery where it’s all too easy to be led astray.
Listen to our conversation with Frances Ibe, the SVP of Product at Tide. Frances shares invaluable insights on her journey from developer to product leadership and how to avoid common pitfalls during the discovery process. Chapters Featured Links: Follow Frances on LinkedIn | Tide | ‘Six things we learned at the Pendomonium and #mtpcon roadshow – London 2024 ‘feature by Louron Pratt Read more » The post What companies gets wrong about product discovery – Fr
Solve problems as a team in just two hours – for product managers Watch on YouTube [link] TLDR Imagine solving big product problems in just two hours instead of five days. Sounds impossible, right? Not anymore! Teresa Cain has cracked the code with her two-hour design sprint method. This quick and efficient approach to product innovation is changing the game for companies big and small.
Our panel discusses the transformative potential of AI tools, from automating design processes to enhancing prototyping efficiency. Discover how AI is being integrated into product management workflows, the regulatory challenges in sectors like fintech and healthcare, and the cautious optimism surrounding its adoption. We delve into the ethical considerations of AI bias, the need for human oversight, and how AI can complement rather than replace product managers.
Effective risk management in product development balances safety, compliance, and opportunity. Risks can't be eliminated, but they can be mitigated through structured assessments, clear documentation, and expert guidance. Engaging specialists ensures efficiency, regulatory adherence, and product security while reducing costly oversights. A well-executed risk management plan includes frequent evaluations, defined assessment criteria, and a structured decision-making process.
In today’s competitive landscape, customer experience (CX) stands as a cornerstone of success, particularly in the financial services industry. In our digital world, it has never been easier for customers to switch banks, wealth and investment managers, or financial technologies. What used to require an in-person visit or multiple phone calls can now all be done online, and quickly.
Episode Information: Clint delves into John’s inspiring journey from overcoming a childhood accident to rebuilding his confidence and graduating with honors from the Naval Academy. He explores his definition of self-leadership, highlighting the importance of hard work, mindset and behavior shifts, and the psychology of progress. John offers insights on how managers can infuse passion and purpose into their daily work and introduces the concept of being a “mosquito auditor.
When we interview customers , our goal is to learn as much as we can about their context. This will help us understand their specific needs, pain points, and desires (otherwise known as opportunities) which will inform our product decisions. But what happens when you hear a story that stands out from the rest? Maybe the customer tells you explicitly that this is not their usual way of doing things.
Discover how agile road mapping and flexible go-to-market strategies are essential for the success of machine learning-based products in this comprehensive guid Read more » The post Why ML-based products require an agile approach to road mapping appeared first on Mind the Product.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Outcome-Driven Innovation – for Product Managers Watch on YouTube [link] TLDR Tony Ulwick, creator of Jobs-to-Be-Done, introduces Outcome-Driven Innovation (ODI), a revolutionary approach to product management. ODI shifts focus from generating ideas to understanding and addressing customer needs, leading to more successful products and innovations.
Welcome to “POV: Product Oriented Voices,” where we explore whether the “less is more” approach is always the best strategy for product features. In this episode, our panel delves into the balance between simplicity and functionality in product design. We discuss how excessive features can overwhelm users, leading to decision paralysis, and why simplicity often leads to a better user experience.
👋 Hey, I’m Lenny and welcome to a 🔒 subscriber-only edition 🔒 of my weekly newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. For more: Best of Lenny’s Newsletter | Hire your next product leader | Podcast | Lennybot | Swag Subscribe now You’re either building AI into your product now or you will be soon.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
If I were building a product marketing organization from the ground up, I’d consider myself lucky. Most product marketing leaders inherit a team and then face the task of shaping it to meet their ideal make-up and the desired goals of the organization. Sometimes it works out great, but the tough part is the amount it time it takes to get your team exactly where you want it in terms of people, team chemistry, skills and maturation, not to mention all the unexpected hiccups along the way.
Discover the power of experimentation in product development with strategies for real-world application and create feasible experiments. Read more » The post A new way to look at applied experiments appeared first on Mind the Product.
Mastering product lifecycle management – for product managers Watch on YouTube TLDR Product lifecycle management is key to successful product development and innovation. This article explores the stages of a product’s life, from launch to retirement, and how they differ across industries and product types. Here are the main takeaways: The classic product lifecycle stages are introduction, growth, maturity, decline, and retirement.
In this session, we dive into the pivotal role of communities in enhancing product management. Our expert panel discusses the challenges and advantages of engaging decentralized user bases, especially in blockchain products where traditional analytics are limited. We explore how platforms like Discord and Reddit serve as invaluable tools for gaining deep user insights, beyond structured interviews and surveys.
In 2024, B2B customers expect better quality and service with streamlined experiences that match consumer-grade simplicity—no long calls or meetings required. Our B2B eCommerce Trends Report, surveying 400+ B2B professionals in the US and Europe, reveals how eCommerce has become vital to top companies’ strategies. The report shows how leaders are leveraging eCommerce to break data silos, unify channels, and deliver the personalized experiences that customers demand.
👋 Welcome to a 🔒 subscriber-only edition 🔒 of my weekly newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. For more: Find your next product leader | Podcast | Lennybot | Swag | Best of Lenny’s Newsletter Subscribe now ✨ Photos from recent reader meetups If you’d like to attend (or host!
Looking to up-skill, network, and experience the magic that happens when you bring marketing pros together? Here are the top product marketing communities I recommend you join in 2024. The post 8 Best Product Marketing Communities To Join In 2024 appeared first on The Product Manager.
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