May, 2016

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Ignoring Innovation: Lessons from Kodak

Melissa Perri

In 2007 I joined an innovation swat team at Cornell in the Johnson Graduate School of Business. It was called the Business, Science, and Technology Initiative (known to the cool kids as BSTI). We were working with Kodak to come up with a completely new product that would appeal to our age group, the early 20s. For the next two years our team of […].

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The Importance of Market Segmentation

The Product Bistro

One of the core responsibilities of Marketing in an organization is to effectively define and track the marketing segments. This is far more than just an academic exercise, but is essential to many other key tasks within a company. Segmentation is crucial to effective pricing strategies. You can often target addressable segments with different prices, giving opportunities to both increase volume (units shipped) and profit.

Marketing 170
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How Minimum Viable Products & Features Helped Me Write My New Book

Roman Pichler

Minimum Viable Product #1. Writing a book is a complex and at times challenging endeavour: it took me over two years to write and publish my latest book. As I had to commit a substantial amount of my time to the project (and my company’s money), I tried to reduce the risk of writing a book that nobody really wants and needs. At the same time, I wanted to test that the product would create enough value for its readers before writing the actual book.

Books 145
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Video: The Art of Product Management

Sachin Rekhi

Video: The Art of Product Management. Slides: The Art of Product Management. Recently Karl Ulrich asked me to give my talk on the Art of Product Management at a Wharton Entrepreneurs Workshop. They recorded the video and I wanted to share it here as well. Product managers drive the vision, strategy, design, and execution of their product. While one can often quickly comprehend the basic responsibilities of the role, mastering each of these dimensions is truly an art form that one is constantly h

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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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Please Make Yourself Uncomfortable

Ken Norton

What product managers can learn from jazz musicians -. From my keynote at the Mind the Product conference, San Francisco Davies Symphony Hall on May 4, 2016. It’s February 13, 1960, and Ella Fitzgerald stands on a West Berlin stage, nearing the end of a stellar performance. On a whim, she decides to sing “Mack the Knife,” a popular.

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Finding the Truth Behind MVPs

Melissa Perri

If you’re interested in learning more about MVPs, I’m running a one day workshop in Paris on June 14, 2016. More information here. A Successful Start I learned about Minimum Viable Products like 99% of other Product Managers – through The Lean Startup by Eric Ries.

Workshop 185
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Pricing Foundations

The Product Bistro

One topic that seems to trip up both new and experienced product managers is the process of pricing. As a recent post highlights, the most important lever we have in our bag of tricks to influence the profitability of our products and business, is the price. Yet, establishing a good price, and holding variance to a minimum is a top concern of the product management function.

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What 671 million push notifications say about how people spend their day

Andrew Chen

Push notifications are a cornerstone of every mobile app’s engagement and retention strategy, yet we know so little about them. Previously I’ve written about why 60% of users opt-out of push notifications and why some pushes are getting 40% CTRs. Today, we’ll look at some push notification data from Leanplum , a mobile marketing automation tool, which breaks down 671 million pushes to uncover some interesting trends, particularly on time of day targeting for push notifications

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How to Win Your Competition’s Customers

Nir Eyal

About a year ago, I wrote an essay about how to win your competition’s customers habits. Today, I’d like to share a quick video of the ideas in that article. Let me know what you think about this format and if you’d like to see more videos like this one… The post How to Win Your Competition’s Customers appeared first on Nir and Far.

Article 74
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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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Being Your True Self – Bringing the Donuts 05/17/2016

Ken Norton

Does authenticity matter in the workplace? -. Update: Make sure to read the follow-up with other perspectives from readers. I’ve written about Google’s research showing that psychological safety was the most predictive characteristic of successful teams. Psychological safety requires authenticity. As The New York Times Magazine put it: No one wants to put on a “work face”.

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How Do You Become A Good Product Manager?

Street Smart Product Manager

This is the BIG question, isn’t it? We all want to be the best at what we do. And product managers are no different. We want to be good. Great. Awesome. And we want to be recognized for it! We want to launch products people love. We want customers to love it. Our company’s to […]. The post How Do You Become A Good Product Manager? appeared first on Street Smart Product Manager.

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How to Educate Stakeholders

Melissa Perri

There is one question I always get during every Product Management workshop: How do I convince/teach/educate stakeholders to work this way? The class has bought in on validation before building, a focus on problems, and defined metrics. They can see the value, but they are afraid they will return to work and get shot down. Often they do. Unfortunately, there’s really not much you can do about […].

Education 154
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Sales Channel Considerations

The Product Bistro

One advantage of my many career stops, and the multitude of different industries I have been associated with is the wide range of experience with different sales organization structures. When you are putting together a business, the sales channel is one of the crucial early decisions to make, and your early choices can have lasting ramifications on your long term business.

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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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IoT Product Management at Stanford University

Daniel Elizalde IoT Blog

By 2020, it’s estimated that 50 billion devices—from smartphones to kitchen appliances and well beyond—will be connected to the Internet. This phenomenon is known as the Internet of Things (IoT). With this kind of explosive growth, consumer and industrial companies alike are seeking a new breed of business and technology professionals who can make the unique strategic decisions that IoT […] The post IoT Product Management at Stanford University first appeared on Daniel Elizalde.

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Developer Powered Innovation

svpg

There is a very common fallacy about developers in our industry, and I think it hurts countless companies. Have you ever heard the old accusation that developers only want to solve problems for themselves? They’ll spend countless hours, often on their own time, to create amazing tools for themselves and the developers they work with. But just try to get them excited about building something for “the business” or “the customer" and good luck.

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Why and how I transferred my career from finance to product management

The Product Coalition

After college, I worked in financial services industry. Colleagues around me love what they are doing, and many people are trying to get into it. I did what I should have, and was not bad at it, as numbers and analysis are not hard for me, but besides, I couldn’t say that I really enjoyed it. My supervisors in different teams (I was in a management trainee rotational program) gave me two big projects.

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The most important thing you need for your product to succeed

Street Smart Product Manager

Have you ever felt like there is no clear direction for your product? That you keep getting jerked around building features to satisfy the latest customer opportunity? That your product can do a lot of things, but it’s hard to articulate exactly what it does in just a few short sentences? Maybe your product is trying […]. The post The most important thing you need for your product to succeed appeared first on Street Smart Product Manager.

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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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Ignoring Innovation: Lessons from Kodak

Melissa Perri

In 2007 I joined an innovation swat team at Cornell in the Johnson Graduate School of Business. It was called the Business, Science, and Technology Initiative (known to the cool kids as BSTI). We were working with Kodak to come up with a completely new product that would appeal to our age group, the early 20s. For the next two years our team of nine would meet biweekly to research, experiment, and learn more about our fellow peers.

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When Product Culture is Rotten – Bringing the Donuts 05/10/2016

Ken Norton

Can you change your company's culture? -. I had a blast speaking at the Mind the Product conference last week in front of 1,200+ product people. In case you missed it, check out the essay version of my talk, Please Make Yourself Uncomfortable. I hope you’ll join us next time. Thanks to everyone who took the time.

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Stop Improving Your Product

Product Club

M eet Ronald. Ronald’s product focus for the last year has been a cloud accounting solution for the small business owner. The core product is solid and internal user testing has been positive, but Ronald is still polishing customizable themes and a calendar integration. As such, release has been postponed three times. Failure to launch. No Ronald, no.

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Stanford Continuing Studies Course: Product Management for the Internet of Things

Daniel Elizalde IoT Blog

My course, Product Management for the Internet of Things, at Stanford Continuing Studies expands on my IoT Decision Framework and focuses on all the areas you need to consider when building an IoT product. Next course starts on January 11th. Class fills up fast! Subscribe to be notified when registration opens. To register for the class, […]. The post Stanford Continuing Studies Course: Product Management for the Internet of Things appeared first on Tech Product Management.

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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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TEI 073: The pulse of product management and 4 skills that match a 25% increase in pay – with Rebecca Kalogeris - The Everyday Innovator – Resources for Product Managers and Innovators

Product Innovation Educators

I have a great guest, Rebecca Kalogeris, to help us understand the pulse of product management. We discussed a number of factors, such as what department product management reports to in companies and what product managers say the future holds for the profession of product management, but I was most interested to learn the 4 skills that are correlated with product managers getting paid 25% more.

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The enterprise needs to kill the business case

Product Warrior

Sexy start up product management techniques which are always being written about are not always easy to embrace inside the large enterprise. Big companies have legal restrictions to consider, existing revenues to protect, complex politics at each level of the hierarchy, economies of scale to achieve, policies to to follow and an established culture.

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Finding the Truth Behind MVPs

Melissa Perri

A Successful Start I learned about Minimum Viable Products like 99% of other Product Managers - through The Lean Startup by Eric Ries. When I happened upon the book and Eric’s method, I thought, “YES! This is what I’ve been searching for. This makes so much sense.” Testing products before you build them? What a novel idea! I was excited. I was energized!

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The Future Was Already Here – Bringing the Donuts 05/24/2016

Ken Norton

How fast does technology move? -. An Indianapolis entrepreneur named Stanley Brown is enthusiastic about virtual reality. With the financial backing of some friends, he has opened the first retail store dedicated to VR, where visitors can test-drive the newest headsets and apps. As The New York Times writes: “We’re too early and we know it,”.

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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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Average Manager vs. Great Manager

Product Club

Assigning Tasks. Delivering News. Conducting 1:1’s. Giving Feedback. Assigning Tasks.

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Welcome New TSIA Members! May Edition

TSIA

At TSIA, we are dedicated to helping services organizations both large and small grow and advance in the technology industry. We'd like to take the opportunity to welcome our newest members, as well as acknowledge companies already a part of the TSIA community who have recently expanded their membership to include additional service disciplines TSIA has to offer.

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Open innovation 2.0–and other innovation insights for product managers May 20, 2016 - The Everyday Innovator – Resources for Product Managers and Innovators

Product Innovation Educators

Each week I scour articles, wading through the dogs, and bringing you the best insights to help product managers, developers, and innovators be heroes. . Henry Chesbrough, father of open innovation, shares how open innovation has evolved. Chesbrough wrote his Open Innovation book in 2003. In this article he shares what has been happening in open innovation since then and why it is still important today: https://www.technologyreview.com/s/601459/striving-for-innovation-success-in-the-21st-centur