December, 2016

Decision Time: How Decision Rules Help You Make Better Product Decisions

Roman Pichler

Decisions, Decisions. “Is Is everybody OK with changing the release goal for Q3?”, asks Julie, the product manager. After a few seconds of silence, Julie moves on to the next topic assuming that the stakeholders agree. But most people are still thinking about the idea or oppose it.

The Myth of the Iron Triangle

280 Group

I am always amazed at how often accepted truths turn out to be false. I am further astounded at how liberating it is to throw off the constraints imposed by those beliefs. The first myth that Kent Beck, the father of Extreme Programming, shattered for me is that change does not have to be expensive.

6 Reasons Why Boston is a Great Place to be a Product Manager

bpma ProductHub

Contributed by Steve Robins. The Boston area may just be the best place to be a product manager today. Here’s why. Reason #1: Boston is an Innovation Hub. Boston is the innovation capital of the USA – if not the world.

Your New Year’s Resolution: Subscribe To The Accidental Product Manager Newsletter!

The Accidental Product Manager

Subscribe To The Accidental Pro duct Manager Newsletter! Yet another New Year is almost here! What is your plan for becoming a better product manager in the new year? Clearly you are already reading The Accidental Product Manager blog and so that’s a step in the right direction!

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Build vs. Buy: Implementing the Right Experimentation Solution

Choosing Whether to Build or Buy. To build and deliver products that customers love, product teams at leading enterprises such as Uber, Netflix and Airbnb are focusing on experimentation as a critical business process. These teams are empowered to A/B test each new feature and gain valuable insights before rolling it out widely. After seeing what these companies accomplish with experimentation, you may be considering whether to build your own testing framework, integrate an open source solution, or invest in a commercial experimentation platform like Optimizely Full Stack. Download this whitepaper to discover: The key questions product teams must ask before choosing to build or buy. The most common requirements that enterprise teams have for experimentation. How to avoid key mistakes and plan for success when building an internal system.

More Trending

How to Start a Career in Behavioral Design

Nir Eyal

Nir’s Note: This guest post is by Erik Johnson. Erik applies behavioral design principles on The Behavioral Insights Team at Morningstar. Six years ago, I was in a position that many people early in their careers find themselves in: I had no idea what I wanted to do with my life. My first job out of college […]. The post How to Start a Career in Behavioral Design appeared first on Nir and Far. Behavior Design In Action Behavior design behavioral design career

Resume and Interview Workshop with Keith Cline

bpma ProductHub

Contributed by Cait Porte. In November, the Boston Women in Product (BWP) hosted an event with the support of Keith Cline. The event focused on resume writing and interview preparation specific to the Product Management function.

Why Do The Walmart Product Managers Need Their Own Payment System?

The Accidental Product Manager

The Walmart product managers want to make it easier to give them money Image Credit: Mike Mozart. Hopefully everyone already knows that Walmart is a huge company. Just about every city in America of any significant size has a Walmart located in it.

Save the Date: MTP Engage Hamburg April 28!

Mind the Product

It is great to see that more and more product people enjoy getting together for events like ProductTank (now in over 90 cities across the globe!) and two major events of our tribe, the Mind the Product conference in London & San Francisco.

Getting Started with Product Experimentation

How Product Development Teams Reduce Guesswork and Innovate Faster. Product development teams are embracing iterative release processes such as agile and continuous delivery to mitigate risk and adapt to evolving customer requirements. This trend is enabling teams to be more productive and increase product quality. But how do you know if you are building the right product or feature? Experimentation can help your team prove whether you are building the right product and eliminate uncertainty and guesswork from your software development process. Download this whitepaper to learn: How experimentation fits in with the agile development process. Best practices for integrating experimentation into your release process. Key considerations when buying an experimentation solution. Ways to optimize performance and ensure security and compliance.

Why Companies Don’t Focus on Pricing

Pragmatic Marketing

Pricing is the most powerful of all of the marketing mix levers. Depending on gross margin, a 1 percent improvement in pricing can lead to a 10 percent increase in profitability. Yet, many companies don’t have a company-wide effort for price management.

Performing Objective Prioritization

Under10 Playbook

Much of product management is prioritization. Which product to build; which feature to develop; which critical launch items to deliver. A prioritized list is critical—ideally sorted by some form of business value. Using an objective algorithm is the best approach.

As a product manager, you need to do just two things

Street Smart Product Manager

One of the biggest lies in product management is agile. That may sound like heresy, but hear me out… I actually love agile. It’s a great approach to reducing the risk of developing and shipping software. It’s a better software development methodology. But on its own it doesn’t solve the problem of providing a capital […]. The post As a product manager, you need to do just two things appeared first on Street Smart Product Manager. Product Management

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Resume and Interview Workshop with Keith Klein

bpma ProductHub

Contributed by Cait Porte. In November, the Boston Women in Product (BWP) hosted an event with the support of Keith Cline. The event focused on resume writing and interview preparation specific to the Product Management function.

Drive Quality and Velocity with Feature Flags

Drive Quality and Velocity with Feature Flags. Launching a new feature is a risky proposition. Even the most well designed and researched features can have unforeseen consequences for your application performance and business metrics. Rolling back a poor performing feature can be time consuming and costly. However, it doesn’t have to be. Implement feature management and experimentation in your development lifecycle to reduce risk and prove impact when launching features. Download this whitepaper to learn: How to ship products faster with higher quality. The best way to launch features with less risk and more control. How to prove the impact of every feature release with experimentation.

Merry Christmas – Take The Week Off!

The Accidental Product Manager

Here's Hoping That You Name Shows Up On The "Nice" List This Year! Loyal readers & subscribers, here’s hoping that this upcoming Christmas season week is a great week for you – I’m taking it off!

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Top 10 Product Talks of 2016

Mind the Product

Mind the Product and ProductTank were founded on the importance of sharing stories between product managers in order to further our craft, so we love recording those talks and sharing our speakers’ hard-earned lessons with everyone else in the product community.

True North: Managing Long-Term Roadmap Needs with Agility

Pragmatic Marketing

By Dave West. Everyone wants to see the product roadmap. Sales wants to use it to drive bigger deals, engineering wants to know what is coming next to make technology decisions and other teams want to feel like they are part of a long-term strategy that will take the organization to the next level. But, the market is fickle, with an ever-changing set of priorities and needs.

Ask Steve: How to deal with tiered pricing

Under10 Playbook

A2A: In a typical tiered pricing scenario, buying 101 seats in Tier 2 is cheaper than buying 100 seats in Tier 1. How do you deal with the edges on pricing tiers? Yes, there is always have some way to game a pricing system.

A Guide to Designing Delightful Dashboards

Speaker: Daniel O'Sullivan, Product Designer, nCino and Jeff Hudock, Senior Product Manager, nCino

We’ve all seen the increasing industry trend of artificial intelligence and big data analytics. In a world of information overload, it's more important than ever to have a dashboard that provides data that's not only interesting but actually relevant and timely. Dashboards assist decision makers facilitate new ideas and business opportunities, increase customer approval rates, and analyze current business process. All of these activities play a vital role in providing the superior experience your customers demand.

How To (Actually) Calculate CAC

Andrew Chen

[Andrew: Paid marketing remains an integral part of many products’ acquisition channels, and one of the key metrics is Cost of Customer Acquisition, which is a nuanced calculation with lots of gotchas.

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How to Stay Informed Without Losing Your Mind

Nir Eyal

Around the election, in a desperate search for answers about our nation’s future, I found myself scrolling, reading, and watching everything I could. I was trapped in an endless pull-to-refresh cycle of consuming more news, tweets, posts, and videos than was good for me. I told myself that I was staying informed, that this was […]. The post How to Stay Informed Without Losing Your Mind appeared first on Nir and Far.

Is The Trick To Boosting Product Sales To Simplify Your Product Line?

The Accidental Product Manager

Olay is simplifying their product offering in order to revive their brand Image Credit: WindyWinters. For some odd and strange reason, each and every one of our customers is different from all of the others.

My team are my product: How to develop a high-performing team of product managers (or anyone else)

Mind the Product

In my role as Head of Product at Comic Relief I currently have one overarching goal: to embed Product as a way of working. This is in order for Product to provide value to the organisation and it is underpinned by developing a high-performing team.

Turning Metrics into Dollars: How to Turn Your Analytics Data into a Real Financial Model for your Startup

Speaker: Tristan Kromer, Lean Agile Coach, Kromatic

Some teams struggle to constantly optimize conversion rates without understanding the financial impact of those conversion rates. Sometimes that 0.1% increase isn't worth the engineering time we're spending! Early stage startups in particular may not need a four year business plan, but they need to start building out a model which will show how they can someday be profitable. At the very least, they need to be able to see the impact of a change in retention rates to their user growth.

Sales & Marketing: Till Death Do Us Part

Pragmatic Marketing

The alignment between sales and marketing is one of the most critical components of successful revenue growth. But far too often, the relationship more closely resembles Athens and Sparta than a happy marriage. In this podcast, Bertrand Hazard , vice president of marketing for TrustRadius, shares his insights into why alignment is critical, how to tell if you’re out of synch and what you can do to get the relationship back on track and delivering more revenue.

Building Insanely Great Products

Under10 Playbook

Friend David Fradin has written a new book on product management called Building Insanely Great Products and he quotes me on the Amazon page.

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Why leaders need to engage employees

Lead on Purpose

Many managers have an unspoken expectation that employees are responsible for motivating themselves. Their idea goes like this: since the company pays them, they should do what they’re told, and happily complete any task put in front of them. When … Continue reading → Leadership Speed Reading employee engagement motivation optimism

March 24: One-Day Product Leaders Workshop

Mironov Consulting

What: One-Day Product Leaders Workshop. When: Friday, March 24, 2017. Roundtable dinner on Thursday evening, March 23. Where: San Francisco (workshop and dinner locations TBD). Cost: $1275, includes dinner. Sign up here.

The Top 5 Most Common Rapid Prototyping Mistakes

Speaker: Teresa Torres, Product Discovery Coach, Product Talk

When you think of "rapid prototyping", what comes to mind? If you work in digital products, you might think wireframes and mockups as a quick way to get user feedback on our designs. Rapid prototyping is quickly becoming ubiquitous, and with good reason. It is a powerful tool for thinking through different aspects of your product and answering questions to all sorts of design questions. They're also a great way to externalize what lessons you learn about your product along the way.

Now Available in Paperback: Building Insanely Great Products on Amazon

Spice Catalyst

To view on Amazon, click on the image above. Building Insanely Great Products: Some Products Fail, Many Succeed…This is their Story is dedicated to one goal: To help you learn how you can enhance the chances of product success and reduce product failure.

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What We Learned About Building Products People Love in 2016

Mind the Product

2016 was a year when the product management community grew significantly and continued to mature. It was also a year when an awful lot more of you started to read our blog more regularly – we’ve ended the year with an awesome 30% year-on-year growth in our readership.

The Content Dilemma

Pragmatic Marketing

Every time I find myself in a new role or with a new product, I always start with engaging the market. Working with customers and prospects will provide insights into what your users value and the problems that they want to solve. This will help you determine what content to focus on. You should also engage with your sales team to see who the typical buyers are and then perform win/loss calls.

Do we need product management?

Under10 Playbook

Product managers are in charge of whipping up all the other departments and getting them to work together. This is to make sure that the product gets pulled forward by a coordinated team of horses, rather than torn apart by horses running in different directions.—Donald

Maybe We Should Be Problem Managers Instead

Speaker: Steve Johnson, Founder and CEO, Under10 Playbook

Yet many product managers and most product owners are too busy with tactical issues that they never come close to addressing these issues. Is product management primarily supporting the tactics of other departments? Or is it a strategic role that is grounded in market facts? Personal experience with customers is the source of product management insights. Product managers need to look beyond UX to the entire customer experience through every step of the product life cycle.