February, 2024

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Active Listening: The Silent Superpower for Product Managers

The Product Coalition

Have you ever zoned out mid-conversation, fingers itching for your phone, brain choreographing your next groundbreaking product feature? We all have. But in the whirlwind world of product management, where ideas zip around like bees in a garden, there’s a superpower often overlooked: active listening. This article delves into why active listening is an indispensable tool in your product management arsenal and how it can profoundly influence your approach to user engagement, team collaboration, a

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3 Empowerment Levels in Product Management

Roman Pichler

Listen to the audio version of this article: [link] Introduction To discuss empowerment in product management, I find it helpful to distinguish three main levels of decision-making authority, product delivery, product discovery, and product strategy, as the model in Figure 1 shows. [1] Figure 1: An Empowerment Model for Product People and Teams Level one represents the authority to decide how features are detailed and guide their implementation.

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Getting data from GTM teams- a guide for product managers

Mind the Product

This article offers practical advice on what data you should gather from your Go-to-market teams, like sales and customer success teams. Read more » The post Getting data from GTM teams- a guide for product managers appeared first on Mind the Product.

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Weird x Working = ? [Signs of a successful consumer AI product]

NextBigWhat

a16z ‘s GP, Anish Acharya has an interesting take on what it will take for an AI consumer startup to be super successful. “If it’s weird and working, it’s exactly where we want to invest…Weird products tend to win.” Extreme products win. Always! Successful consumer products have strong “word of mouth” virality due to surprising […] The post Weird x Working = ?

Startups 105
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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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Product Planning is a Year-Round Endeavor

ProductPlan

Sticking to inflexible annual planning cycles can introduce significant challenges in the era of rapid technological advancements. The static nature of traditional product planning cycles fails to consider quickly-improving technologies and unforeseen changes in the market. This approach can be a significant pitfall in today’s fast-paced environment, making your organization vulnerable to missed opportunities and increased risks.

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Car Product Managers Look To Software To Boost Their Revenue

The Accidental Product Manager

The goal is to sell more cars, perhaps software is the key Image Credit: rakyan ‘boyan’ tantular Product managers know that if we want to sell more of their product, we need to find ways to make the product more appealing to our customers. These days, that can be very difficult to do. One of the biggest problems that we are facing is that things change so quickly that it can be very hard to keep a product “current” The features that we put into a product are great at the

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7 Custom GPTs for Product Designers

UX Planet

Review of seven popular GPTs for product designers You can find these GPTs at [link] and you must have a ChatGPT Plus subscription to use them. This content is also available as video: [link] 1. Canva The first GPT is a Canva. Canva is an online graphic design tool that allows you to quickly create banners, social media posts, and posters. Canva sample prompts.

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How To Climb The Product Marketing Career Ladder Faster

Product Management University

If you’re looking to climb the product marketing career ladder faster, here are five things you can do that’ll accelerate your climb. 1. Track Record of Year-Over-Year Product Revenue Growth Not to state the obvious here, but product revenue is always top the priority. You already know that. As a product marketer though, this is more about your strategy and execution tactics that lead to year-over-year revenue growth.

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The 4 most important tools for data-first product development

Mixpanel

One of the biggest challenges of building a product is that your users often don’t know what features they want or need. They just know what outcome they want to achieve by using the product. Even when users think they know what they want, they may not always be right. It’s only after they’ve made a feature request, you’ve shipped it, and they’ve tried it out that they realize, “Oh wait, that’s not the outcome I expected.

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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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Product in Practice: Adopting the Discovery Habits is An Iterative Process

Product Talk

Continuous discovery is not a linear journey—as much as we might want it to be. Like a lot of learning, it often feels messy and chaotic. Continuous discovery is not a linear journey—as much as we might want it to be. Like a lot of learning, it often feels messy and chaotic. – Tweet This But if you stick with it, you may eventually find you can look back and see how much you’ve progressed.

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The Sailor That’s Been Inspiring Poles and Virgin Islanders for Decades

The Product Coalition

With its celebratory blend of Virgin Island and Polish culture, Wladek Wagner still attracts sailors to the British Virgin Islands (BVI)… Continue reading on Product Coalition »

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My favorite decision-making frameworks

Lenny Rachitsky

👋 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. Subscribe now 🚨 The Best of Lenny’s Newsletter – Volume 1 is now available for order 🎉 The first batch of books is officially in production and pre-orders are arriving globally!

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How diverse teams unlock product innovation

Mind the Product

This article details how diverse teams drive 45% more revenue from innovation, and intentional design sparks extraordinary ideas. Read more » The post How diverse teams unlock product innovation appeared first on Mind the Product.

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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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How To Avoid the Product Version 1 and Done Dilemma

Product Management University

You followed the textbook process for uncovering an unmet market need, justified the financial investment and successfully released product version 1 to market with great success. So, what’s the problem? The problem is you’re just getting started while the majority of your stakeholders are blissfully dusting off their hands thinking it’s done and eager to tackle the next product idea with carbon-copy expectations of success.

B2B 147
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How to break into Silicon Valley

Andrew Chen

(Above: No, it doesn’t really look like this — and yes it’s mostly office parks and tech billboards. But I like to pretend) You’ll never regret spending time in SF If you work in tech, you’ll never regret spending 3-5 years in the Bay Area. This is advice I’ve been giving to people for years, and it’s shaped by my own experience — after all, I moved to the Bay Area in 2007 and it completely changed my life.

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Product in Practice: Bringing the Discovery Habits to WebMD

Product Talk

The larger and more complex your company is, the more challenging it can be to introduce continuous discovery. It’s not just about training people to conduct interviews , use opportunity solution trees , or test assumptions —though those are all important activities—it’s also about convincing them of the value of these activities and getting the people they work with on board as well.

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Mastering Product Sense and Execution Interviews

The Product Coalition

This article is tailored for product managers eager to excel in interviews focusing on product sense and execution. In product management , it’s crucial to discern genuine expertise from merely holding a job title. The title “product manager” is often misapplied within the technology sector, leading to a disconnect between role expectations and actual responsibilities.

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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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You should be playing with GPTs at work

Lenny Rachitsky

👋 Hey, Lenny here! Welcome to this month’s ✨ free edition ✨ of Lenny’s Newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. If you’re not a subscriber, here’s what you missed this month: My favorite decision-making frameworks Why you should add a work trial to your interview process The ultimate guide to willingness-to-pay Subscribe now P.S.

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Effective ways to delight users: Nesrine Changuel (Google, Skype, Spotify)

Mind the Product

Join us on this week's podcast for a conversation with Nesrine Changuel, Senior Product Manager at Google, as she shares key insights on how we can delight users. Read more » The post Effective ways to delight users: Nesrine Changuel (Google, Skype, Spotify) appeared first on Mind the Product.

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Amplitude Digital Analytics Platform Just Got a Whole Lot Better

Amplitude

Learn how we’ve strengthened the power of Amplitude's Digital Analytics Platform with the addition of Session Replay and Experiment for web.

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Breaking into Japan: The Sweet Success of Kit Kat’s Market Entry

freshtrax

Kit Kat , a globally recognized chocolate brand, has not only won the hearts of chocolate lovers worldwide but has also achieved remarkable success in the Japanese market. The journey of Kit Kat in Japan is a fascinating tale of cultural adaptation, innovative marketing strategies, and a bit of serendipity. In this article, we explore how Kit Kat made its mark in Japan, turning a simple chocolate bar into a cultural phenomenon.

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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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Product in Practice: Introducing Opportunity Solution Trees at Texthelp

Product Talk

There are all kinds of ways to introduce continuous discovery habits. If you’ve been at your company for a while, you might get inspired after reading a book or attending a conference. If you’re joining a new company, you might want to try a new tactic out with your new team. And if you’re really excited about an idea, you might look for opportunities to share it outside your company with the broader product community.

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Choose the Right Large Language Model (LLM) for Your Product

The Product Coalition

Let’s talk confidently about how to select the perfect LLM companion for your project. Special thanks to: My co-author Narasimha Krishna Kumar. The AI landscape is buzzing with Large Language Models (LLMs) like GPT-4, Llama2, and Gemini, each promising linguistic prowess. But navigating this linguistic labyrinth to choose the right LLM for your product can feel daunting.Fear not, language adventurers!

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Building a world-class sales org | Jason Lemkin (SaaStr)

Lenny Rachitsky

Brought to you by: • CommandBar —AI-powered user assistance for modern products and impatient users • Vanta —Automate compliance. Simplify security. • LinkedIn Ads —Reach professionals and drive results for your business — Jason Lemkin created and runs SaaStr, the world’s largest community for B2B/SaaS founders, and is the managing director of SaaStr Fund, a $90 million venture capital firm specializing in early-stage enterprise investments.

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Building diverse products: A conversation with Annie Jean-Baptiste, product leader at Google

Mind the Product

We talk to Google's Head of Product Inclusion Annie Jean-Baptiste about her experience to date and how to inspire diversity in the workplace. Read more » The post Building diverse products: A conversation with Annie Jean-Baptiste, product leader at Google appeared first on Mind the Product.

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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.

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477: Three-step VOC system – with Andrea Ruttenberg, PhD

Product Innovation Educators

Market research essentials for product managers Today we are talking about the knowledge area called market research. How do you know that the product you’re developing will actually create value for customers, that they’ll love it, and that they’ll buy it? Have you done the right things to have confidence of these outcomes, or are you wishfully guessing?

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Product Managers Discover Older Customers

The Accidental Product Manager

Products made for older customers are getting a makeover Image Credit: Katie Mims Who do you sell your product to? Is there a possibility that your product is being used by older customers? If this is the case, what you have done to make it easy for them to use your product? If the answer is “nothing”, then you are like many other product managers who have not taken the time to study their customers and customize their products for their unique needs.

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The Interview Snapshot: How to Synthesize and Share What You Learned from a Single Customer Interview

Product Talk

When you start interviewing customers every week, it’s easy to get overwhelmed by how much you are learning. When we use our customer interviews to collect specific stories about past behavior, every conversation can uncover dozens of unmet customer needs, pain points, and desires (AKA opportunities). I recommend teams use three different artifacts to keep track of what they are learning from their customer interviews: The interview snapshot: This artifact summarizes what you learned from a sing