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How productmanagers are transforming innovation with AI tools Watch on YouTube TLDR In this deep dive into AI’s impact on product innovation and management, former PayPal Senior Director of Innovation Mike Todasco shares insights on how AI tools are revolutionizing product development.
How productmanagers can make OKRs drive real results Watch on YouTube TLDR In my recent conversation with Ben Lamorte, the world’s most experienced OKR coach and founder of OKRs.com, we explored how productmanagers and leaders can transform their approach to Objectives and Key Results (OKRs).
Each week I tackle reader questions about building product, driving growth, and accelerating your career. For more: Hire your next product leader | Favorite Maven courses | Lennybot | Podcast | Swag Subscribe now I believe the future of productmanagement looks like Tal Raviv. Productmanagement is unfair.
For example, a product strategy workshop might have the objective to identify the key changes required to achieve product-market fit. Contrast this with a sprint review meeting , which might help you determine if users can easily sign up for the product. Assess product strategy and adjust if necessary.
The Product Interview?—?A A Technical Exercise In this post, I’ll offer my idea of the sort of technical abilities expected from a productmanager. This can be highly useful for hiring managers, as well as for PMs planning their roadmap. Is it a “good” structure? What are the upsides and downsides?
The difficulties you face from going to 0 to 1understanding your customer, identifying what will differentiate your product, building early versions of that product, and actually finding customers to use it? They still exist, even when your product is an API. Its worth noting that many API teams dont have productmanagers.
During this time, I have continually endeavored to uncover the strategies that spell success and delve deeper into the nuances of the productmanagement community in Israel. I seek to understand why Israeli productmanagers fail to garner recognition worldwide despite being the linchpin in this rapidly evolving ecosystem.
The hard part is avoiding the trap of TELLING employers what the product (you) does versus SELLING its value. Here we are in the early part of 2023 and so many of my talented friends, former colleagues and customers have fallen victim to the mass layoffs in high tech. Is there any technology company that doesn’t want that?
Listen to the audio version of this article: [link] AI Strategy Benefits My research shows that AI can help you make better strategic decisions faster, at least for certain products. [1] Additionally, you should review AI-generated answers rather than blindly trusting a tool, even if the results sound very convincing.
2 Use Scrum for Products that Experience Uncertainty and Change Scrum is often seen as the standard way to create digital products, and I have met more than one company where the productmanagers were told to be agile and do Scrum. As I mentioned earlier, Scrum is not a productmanagement framework.
Outcome-Driven Innovation – for ProductManagers Watch on YouTube [link] TLDR Tony Ulwick, creator of Jobs-to-Be-Done, introduces Outcome-Driven Innovation (ODI), a revolutionary approach to productmanagement. Ulwick introduced the opportunity algorithm in a 2002 Harvard Business Review article.
Strategies for switching into a productmanagement role when you don’t fit the cookie cutter qualifications. Getting into product when you’ve already started your career Productmanagement requires, above anything else, good judgment. It shouldn’t be a prerequisite for productmanagement jobs either.
Follow the Breadcrumbs of Who is Using What, and Not Just Who is Investing in What, for a Bigger Picture of Where We Sit Today Photo by David McBee from Pexels If you follow the pundits and tech leaders like I do, there seem to be “two trains running” re: what is and isn’t Web 3.0. Namely, “who” owns its core components is a hot topic.
Lessons from launching a #2 Product of the Year on Product Hunt – for productmanagers. Today we are talking about getting attention for your product launch. Joining us is a co-founder who got his product to #1 Product of the Day, #1 Product of the Week, and a finalist for Product of the Year on Product Hunt.
How AI captures customer needs that human productmanagers miss Watch on YouTube TLDR In my recent conversation with Carmel Dibner from Applied Marketing Science, we explored how artificial intelligence is transforming Voice of the Customer (VOC) research for product teams.
Unfortunately, the research backs this up, with a staggering 90% of users reporting that they stopped using an app due to poor performance. This article will help reduce such churn by refining your productmanagement and UX analysis approach. This shows how well your product addresses user needs.
Fortunately, technology has been rapidly advancing and there are tools available that make this a solvable problem. Sentiment analysis is often used to review survey results from customer-service interactions, productreviews, etc. Named Entity Extraction?—?identifying from social media posts or survey responses)?
Having said this, the system in Figure 1 captures the specific product strategy approach Ive created. [1] 1] Figure 1: A Product Strategy System You can use the model in Figure 1 to review and improve your current product strategy approach. Strictly speaking, these arent product strategy tools.
How productmanagers can get customer insights from a community to create a competitive advantage. Today, we get to find out together as the VP of Product for Wyze joins us. His name is Steve McIrvin and we met a few years as we both had kids competing in Science Olympiad. The leading brand cost about $150.
In other words, the goals should be part of a validated product strategy—a strategy whose key assumptions and risks have been successfully addressed. This might have involved observing target users, interviewing them, carrying out competitor research, and using throw-away prototypes, to name just a few strategy validation techniques.
I therefore recommend applying a different product roadmapping approach and using goal-oriented roadmaps , which are also called outcome-based. As their name suggests, these roadmaps focus on product goals or outcomes such as acquiring customers , increasing engagement , and future-proofing the product by removing technical debt.
What does it mean for us as productmanagers? We all use AI or machine learning (ML)-driven products almost every day, and the number of these products will be growing exponentially over the next couple of years. What does it mean for us as productmanagers? Imagine that you’re going to a coffee shop.
Your customer information lives in Salesforce, while your support tickets are in Zendesk, your product usage data in Mixpanel, and your marketing campaigns in HubSpot. When data collection is messy, productmanagers lose visibility, teams waste hours chasing answers, and user experience suffers. Sound familiar?
I enjoyed in-person meetings, especially in-person productreview meetings. Early in the pandemic, this led me to resent virtual meetings, especially virtual productreview meetings. This particular productreview meeting was a breaking point. I worked in healthcare technology at the time.
As productmanagers (PMs), we spend a significant portion of our time talking to customers and understanding their experiences to shape our roadmap and strategy—you may have even done an interview with us! Some of these tools are for managing everyday tasks, while others are critical for making strategic product decisions.
Over the years I’ve worked alongside a number of enterprise productmanagers in many companies. I’m a productmanager at Adobe, a company with a long productmanagement tradition and which has produced some of the best products in the history of software. How one customer differs from another.
Lessons from the discoverer of Stage-Gate for productmanagers Today we are talking with a legend in productmanagement. Besides his best-selling books Winning at New Products and Portfolio Management for New Products , he has published more than 130 articles on R&D and innovation management.
Listen to the audio version of this article: [link] Organise the Team around a Product As the name suggests, a product team is focused on a product. Additionally, the person in charge of the product must have the necessary expertise. 4] As you may have noticed I didn’t list the product backlog.
I recently spoke at Productized in Lisbon on ‘turning stress into success’ Why this theme? Because, as productmanagers and leaders, we’re stressed. 88% of productmanagers feel stressed often or all the time. 52% of productmanagers time is spent on unplanned activities.
Inclusion for me, is the name of the game – because inclusion is to say that everybody matters. How do we get a great experience of a digital product for every single person using it? Accessibility and Inclusion – Guiding Points for Product People blog post. * Links mentioned in this episode. Like our theme music?
As part of a recent customer engagement, we were tasked with defining a naming convention for GitHub repositories. Up to this point, each project team had used whatever convention (or none) they liked to define the repository name, leading to a situation where there was a lack of consistency across the GitHub organization. Consistent.
so my investor said that I need a productmanager to do our product roadmap?”. When I worked as a productmanagement consultant clients would often talk about “needing a product roadmap ASAP”. In reality, asking for a product roadmap was shorthand for “please help me with my strategy”.
How productmanagers can create products that customers cannot be indifferent to In episode 468 , Dr. Merrick Furst introduced us to the discipline of deliberate innovation and how companies can create products customers absolutely must have. The purpose of this podcast is to help you create products your customers love.
How productmanagers can benefit from Scrum for joyful, prosperous, and sustainable work. Summary of some concepts discussed for productmanagers. [1:55] 1:55] What is the Scrum Alliance and what does your role as Chief Product Owner involve? Other organizations use a product owner team. [28:54]
It also stretches productmanagers to consider their impact on the wider business, by asking them to review their products’ margins and revenue generating impact. The positioning document is a very simple one-pager which serves as a communication tool between productmanager and product marketing manager.
Some of these challenges were due to me being a beginner. If you arent familiar with the technical details of REST APIs, you might want to read my Understanding Web APIs: What They Are and How They Work article before reading the rest of this article. I had to learn the conventions of a REST API. I was new to OAuth.
Today’s Product in Practice focuses on Ellen Juhlin , a Product Talk Academy instructor, product coach and consultant, and Senior Director of ProductManagement at Orion Labs, who recently found herself facing this challenge. Teach them how to look for inspiration from analogous products.
Besides these functional views of the product and its backlog, there is also the technical view the development team has. It’s useful to keep an Engineering board for this and it can be considered part of the backlog, as it’s the reference for technical debt items and other engineering tasks. Kanban board. Negotiation.
Once upon a time, in a metropolis of modernity and innovation, there lived a diligent and ambitious productmanagernamed Yağmur. In this journey, Yağmur had the chance to find a profound connection between technology and the natural world. She witnessed everything when they were created. The sky is the limit.
www.your-app-name.com) and set up a landing page, complete with your app’s name and description and a form for visitors to sign up for email alerts on your app’s progress. Are there any bloggers or journalists whose names keep coming up? Most importantly, don’t forget to include in-app feedback software in your tech stack.
Productmanagement specializations have trended upwards in recent months. These “specializations” often place focus around a specific set of skills or needs a company has, somewhat creating a division within the productmanager role. Are we breaking apart the productmanager role a bit too much?
If there’s one common mosquito biting all productmanagers in tech, it’s the imposter syndrome that plagues all of us. If you ask any PM (productmanager) in the tech industry — no matter what company or product, chances are that they’ll agree that imposter syndrome is real. Fu (pen name).
Productmanagers (PMs) are ninjas of aligning people, management, and processes. No product tool or template can save you if you’re not killing it in these three areas. The best productmanagers are in a continuous state of discovery and know that?—? neither the product nor roadmap are ever static.
Funded projects get assigned resources and a productmanager starts gathering requirements. The productmanager interviews key stakeholders to understand what they need, documenting what they find. The Limitations of the Traditional Product Discovery. Are You Already Doing Modern Product Discovery?
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