The Product Coalition

FEBRUARY 12, 2019

Close your eyes for a minute and imagine a strategy. Are you imagining a simple, specific document you refer to for helpful guidance that summarizes your company’s north star? In Michael Porter’s books, or anywhere else, I haven’t been able to find many examples of what a strategy should look like. Don’t blame yourself.

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Roman Pichler

MARCH 12, 2024

But this taught me an important lesson: There is no point in worrying about the product details if a sound product strategy is missing. As helpful as a product strategy is, it’s not enough. To ensure that the right technologies are applied, you’ll benefit from using a technology strategy.

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The Product Coalition

JUNE 26, 2023

A “blue ocean” refers to an untapped market space or industry that is not yet crowded with competitors. It presents a unique opportunity for companies to create and capture new market demand by offering innovative products or services that address unmet customer needs. Coined by professors W.

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Product Management University

JUNE 5, 2023

In the simplest terms, a product vision defines the long-term mission of your product. In other words, it’s the answer to the question, What do I ultimately want my product to be known for? Why is a Product Vision Important? Product managers often refer to their product vision as “my north star.”

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The Product Coalition

JANUARY 5, 2021

Or that Chicago’s Ventra card is a reference to its nickname as the ‘windy city’? New York’s MetroCard, however, is not a reference to anything. Now that MTA is basically a startup bro, they are employing a genius strategy for the OMNY rollout: a test and learn phase with strategic checkpoints. Well, now you do.

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UX Studio: Product Management

NOVEMBER 24, 2020

Our clients are growing startups and established brands like HBO, Google, Netflix, or Wizz air. Get in touch with us , and let’s discuss your current product design challenges. The Wandr studio is a young product strategy and design company headquartered in Los Angeles, USA. Wandr Studio. Fuzzy Math.

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Userpilot

JULY 27, 2023

Chief Technical Officer : Responsible for outlining the company’s technological vision, implementing technology strategies, and ensuring that the technological resources are aligned with the company’s business needs. Product Manager : In charge of creating product strategy and overseeing the design process, among other things.

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Department of Product

OCTOBER 23, 2022

Since product development is often a blank canvas (particularly in startups) the sheer number of possible scenarios and opportunities you might want to explore can be overwhelming: Should we build a mobile app or not? Similarly, your vision and strategy help with this too. Take the example of the principle ‘ship to learn’.

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Userpilot

JULY 9, 2021

Teresa Torres is an internationally acclaimed product discovery coach, speaker, and author. She coaches teams on how to collect meaningful customer input and use it to make product decisions on a daily basis. The teams she coaches are from both early-stage startups and multinational enterprises in different industries.

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Userpilot

JANUARY 31, 2022

Before I take a dive into these different product management specializations you should be looking at when building up your product team , it’s worth noting that at their very core, all product managers have the same set of responsibilities and skills. Growth Product Manager. The Business Approach, in comparison. “is

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Bain Public

JANUARY 11, 2022

This includes the BHAG (the big hairy ambitious goals), your value proposition, the product mission as well as its strategy to expand into new markets, innovate or create efficiencies — doing more with less. A pivot shouldn’t impact the company BHAG or product mission, but will directly affect strategies and tactics.

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The Product Coalition

FEBRUARY 18, 2019

… And what that means for startups and innovators today [We were] just sentient puppets on God’s stage: indeed, our taskmaster was merciless, merciless, so long as our bruised feet could stagger forward on the road … so very brief and sore was life with us. Startups, though, are vaporous?—?they Lawrence (i.e.

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Intercom, Inc.

JUNE 3, 2021

And so, now’s the time to start thinking about accelerating our business strategies and grabbing the opportunities it brings. Now that the worst seems to be over, what exactly should your strategy look like? If the product isn’t in good shape, R&D needs to prioritize getting it up to speed before focusing on the next thing.

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Bain Public

OCTOBER 15, 2020

Many CEOs will tell you that they’re the best-informed people when it comes to knowing what customers need — and that they’re in the best position to drive decisions on product priorities. What happens here is that these expectations and this type of behaviour become the primary contributor to product strategy gridlock.

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Roadmunk

SEPTEMBER 21, 2017

Throughout my career as both a product manager and startup founder, there’s been one severely underrated skill I credit for much of my success—and that’s reading. I’m constantly consuming articles on product management, product culture, startups and entrepreneurship to bolster my career as a product person and leader.

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Product Management Lessons from the Trenches

AUGUST 21, 2018

That’s where having an operational dashboard that provides “real-time” view of key KPIs is critical to ensure you are making product decisions that align with your users and business goals. What’s a critical event and how to set out to find it? It aligns with your core value prop).

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The Product Coalition

MARCH 7, 2023

Many companies expect product managers, designers and other roles to be able to deliver good user interviews, but the training is often by trial-and-error. I compiled this guide back when I was training product managers on my team to be able to run user interviews.

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Userpilot

JULY 20, 2022

Select the features that are consistent with the product strategy and solve the problems of the majority of your users. The ultimate goal is to ensure that the process is capable of delivering the product to the agreed specifications and quality. The other risk that product teams face is the 1% trap.

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PMLesson's Ace the PM Interview

APRIL 13, 2022

If you're new to product management, this type of work won't help you accelerate your growth to thinking about products more holistically. Anton decided to instead find work at a startup and improve his product management skills. Eventually, you'll grow into a larger and larger product team.

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Antwak Blog

APRIL 8, 2021

A Product Roadmap is a visual mechanism to ideate, plan, and convey the development of a product over a long period. Product roadmaps are created by the product owners and these roadmaps are effective top-notch documents. A product roadmap is given the highest consideration in the Product strategy stage.

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Bain Public

MARCH 20, 2021

There are many peer-reviewed studies compiled by the Product Development and Management Association (PDMA) that illustrates about half of all product development projects fail; this failure rate is especially much higher in smaller and startup companies. The answer is simply: product roadmaps and product development !

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Roadmunk

JUNE 15, 2017

Don’t judge me for the boy band reference. We (Product and Latif) have a weekly sync every Monday on product strategy. Each sync I define a weekly goal for the product team to align on and achieve. As PMs, we should be a wealth of product knowledge—especially at startups. Staying n’sync.

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The Product Coalition

DECEMBER 11, 2023

Your goal here is to make those customers happy, as well as convert them into paying customers who ideally would recommend your product to others (that’s a great signal that they are truly happy with it, aside from the additional value of having a reference customer or some product virality).

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Mind the Product

MAY 25, 2018

After the 12-week build, a team of three was tasked with validating and growing the product: myself, and two talented marketers. This forced us to think and act more like a startup, with JustGiving’s CEO in the role of angel investor – and we knew funding would be cut if we didn’t produce results.

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ProductPlan

FEBRUARY 17, 2022

Greenfield projects present different risks from other types of product development. Bringing these products to market requires a different strategic approach. I’ll walk you through a few strategies I’ve found work well for turning a greenfield project into a successful product. Instead, imagine your company is a startup.

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Roman Pichler

FEBRUARY 14, 2023

Listen to the audio version of this article: [link] 1 Complement Scrum with a Product Discovery and Strategy Process Scrum is a simple framework that helps teams develop successful products. How can you capture the right user stories , for instance, if you are unsure who the users are and why they want to use the product?

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Mind the Product

OCTOBER 1, 2019

I even wrote about it in my Mind the Product blog post, Lean Strategies for Maturing Products. A timeline on your product roadmap does just this, and that’s why you need to ditch them. Your roadmap is meant to be a human-readable document that communicates your product strategy.

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The Product Coalition

FEBRUARY 2, 2022

One of the most typical requests of people looking to learn about or deploy a product strategy is, “ where is the template I can use to fill it with all my …ideas… ”. Or “ where can I find a good strategy document from another company I can inspire on? ” Why such a good idea that works in other cases wouldn’t work for strategy?”

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Mind the Product

DECEMBER 12, 2017

Startups, small and mid-size companies are becoming more technologically sophisticated. Indeed startups are often launching with or driving the development of new technologies. One great experience can outweigh previous negative ones. Emotions are what make us different and mark us out as individuals. Social Media and Brand Reputation.

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The Product Coalition

MAY 15, 2019

this was the creation of the Product Owner role. When I created the Product Owner role, I gave it more responsibility for product strategy and revenue generation than a Product Manager. I specifically pulled the best Product Manager Easel Corporation had out of Product Marketing and retrained him.

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Userpilot

NOVEMBER 8, 2022

Your product go-to-market strategy is the final ingredient for any successful product launch. It is a small but prominent element that drives every other component of your marketing strategy. This article covers all you need to know to create a solid GTM strategy for your SaaS startup or B2B business model.

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PMLesson's Ace the PM Interview

MAY 15, 2022

Specifically, UX designers sit at the intersection of product design, market research, interaction design, product strategy, human computer interaction, visual design, and more! He first referred to the discipline as "user-centric design," but the overall concept and goal was the same.

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Usersnap

JUNE 30, 2022

But how do you choose between all of the business strategies out there? Product-led growth (PLG) is a model that is user-centric and user-focused. Customer acquisition, expansion, conversion, and retention are product-driven instead of sales-driven. Product-led growth companies are starting to pop up all over the world.

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The Product Coalition

MAY 5, 2018

Do you know which is the most important asset for all those things that Product Management deals with? If a product manager helps the team develop itself, the experts of the team will do their best and build a great product. Product feedback from customer and market-fit can also help to shape the vision of the company.

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ProductPlan

NOVEMBER 11, 2019

Some will delight and engage the executive team by taking a high-level approach and focusing on goals and strategy. That’s why already agreed-upon strategies are the ideal jumping-off point for your roadmap. Roadmaps for established, enterprise-grade products differ significantly from one for a startup.

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Userpilot

FEBRUARY 13, 2020

The term is a bit elusive: user experience refers to any experiences your users have when engaging with your brand. Product experience is effectively one of those touchpoints. It specifically refers to the experience people have when they use your product. This is usually the Product team’s domain.

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svpg

JULY 15, 2016

I’ve explained that the context typically needs to be the product vision, and a specific set of outcome-based objectives for each team (OKR’s are an effective way to do that). Product Vision. The product vision describes the future we are trying to create, typically somewhere between 2 and 5 years out.

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