July, 2024

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Are We Going About Stakeholder Alignment the Hard Way?

Product Management University

I was at a recent Product Coffee meeting and the subject of stakeholder alignment came up. I immediately sensed heightened stress levels in everyone’s voice as the discussion progressed. I know stakeholder alignment has always been a challenge, but the intensity has clearly been ratcheted up as the complexities in product management continue to grow.

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Maximising Stakeholder Buy-in to Product Strategy and Product Roadmap

Roman Pichler

Listen to the audio version of this article: [link] Involve the Right Stakeholders Stakeholders can form a large group, especially in bigger companies. [1] They might include senior management, marketing, sales, service, operations, finance, and HR. Securing everyone’s buy-in would be impractical—it would most likely take too much time. You should therefore focus on the stakeholders whose input and support you really need.

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Join 4 Upcoming Events on Continuous Discovery with Teresa Torres in August 2024

Product Talk

I’m hosting a lineup of free events throughout August! I’d love for you to join one. August 6th: The What & Why of Continuous Discovery In this webinar, I’ll introduce participants to the continuous discovery framework I outlined in my book Continuous Discovery Habits. We’ll cover: The difference between discovery and delivery My definition of continuous discovery Why continuous discovery matters What a good continuous discovery team does week over week How you can develop your own discovery

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Building a Great Product Management Organization

Melissa Perri

For the past eight years, I’ve been working with C-Suite leaders at companies big and small to set up their Product Management organizations. Some of these are Fortune 10 software-enabled companies going through digital transformations. Others are SaaS companies that are scaling or have scaled recently and want to ensure they are doing it in the best way.

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Managing product managers: Lessons learned and tracking success (Marte Patel, VP Product, Aschehoug Education)

Mind the Product

Marte Patel is the VP of Product and Agile at educational publishing house Aschehoug Education. With over 16 years of experience working in the digital product and technology space, we caught up with her to understand the keys to leading product functions and managing product teams. At Aschehoug Education, the product team includes seven Product Read more » The post Managing product managers: Lessons learned and tracking success (Marte Patel, VP Product, Aschehoug Education) appeared first

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499: How to implement a 2-hour design sprint to solve complex problems – with Teresa Cain

Product Innovation Educators

Solve problems as a team in just two hours – for product managers Watch on YouTube [link] TLDR Imagine solving big product problems in just two hours instead of five days. Sounds impossible, right? Not anymore! Teresa Cain has cracked the code with her two-hour design sprint method. This quick and efficient approach to product innovation is changing the game for companies big and small.

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What is Product Management in Tech: Guide to the Role Of A Technical PM

Userpilot

As a SaaS professional, you’ve probably asked yourself, “What’s tech product management?” and wondered how it’s different from traditional product management. This guide takes a deep dive into the world of technical product management , showing you how to become one of these in-demand professionals. We covered everything you need to know, from technical skills and responsibilities to a step-by-step roadmap for getting started.

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Rena’s Festiville: The 70th British Virgin Islands Festival Begins

The Product Coalition

Learn about behind the scenes of the BVI Festival Village: The booths, murals, and the celebration.

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Problem-Focused Roadmap is Product Management

Ronke PM

We’ve entered the age of the customer. Our customers are busy and don’t want to explain the features, functionalities, or enhancements they need. They want us to understand their obstacles and hindrances. Even when they convey their needs, we still need to translate them because what customers say and what they mean can be different. Our customers exist independently of our products.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

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Product survey findings: Only 15% of users are embracing AI features 

Mind the Product

Who is leading the race to develop AI products? In May, we surveyed product people around the globe to learn how the community is leveraging AI in their personal work and the products they provide to users. The survey found an interesting dichotomy. While European and North American product people are equally as likely to Read more » The post Product survey findings: Only 15% of users are embracing AI features appeared first on Mind the Product.

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New data on the product job market

Lenny Rachitsky

👋 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. For more: Find your next product leader | Podcast | Lennybot | Swag | Best of Lenny’s Newsletter Subscribe now ✨ Photos from recent reader meetups If you’d like to attend (or host!

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497: Mastering product management strategy – with Andreas Maihoefer

Product Innovation Educators

Essential strategy tools and frameworks for product managers Watch on YouTube TLDR Want to level up your product management game? This guide dives into the world of product strategy, sharing insights from expert Andreas Maihoefer. We’ll explore key tools like the House of Strategy, which shows how different levels of strategy fit together, and the VRIO analysis, which helps you spot your competitive edge.

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Feature Prioritization Guide For Product Managers in 2024

Userpilot

Feature prioritization is always a hot-button issue for product managers. It helps organizations focus on the Determining which features to include in a product roadmap can be challenging with constantly evolving customer needs and several opportunities chasing scarce resources. This article will dive deep into the concept of feature prioritization and introduce the top frameworks for successful product management.

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10 Rules for Managing Apache Cassandra

It’s no surprise that Apache Cassandra has emerged as a popular choice for organizations of all sizes seeking a powerful solution to manage their data at a scale—but with great power comes great responsibility. Due to the inherent complexity of distributed databases, this white paper will uncover the 10 rules you’ll want to know when managing Apache Cassandra.

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Iterate and Get Feedback: How to Navigate the Product Development Life Cycle

The Product Coalition

We asked a product leader how they facilitate the development life cycle on their team. Here’s what we learned.

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Community Engagement

The Product Guy

Welcome to “POV: Product Oriented Voices,” where we explore whether the “less is more” approach is always the best strategy for product features. In this episode, our panel delves into the balance between simplicity and functionality in product design. We discuss how excessive features can overwhelm users, leading to decision paralysis, and why simplicity often leads to a better user experience.

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Measuring critical user journeys – Javier Andrés Bargas-Avila (UX Director, Google)

Mind the Product

For this week’s podcast, we had a great conversation with Javier AndrĂ©s Bargas-Avila, Google’s UX Director. Ever wonder how Google ensures its products cater to user needs while balancing business and engineering demands? Javier shares his journey from psychology student to UX research leader, revealing the intricate process of integrating user insights into product development.

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Product Management Goals: A Mid-Year Review Guide – updated for 2024

The Product Manager Coach Blog

Setting and achieving your goals is crucial for a product manager. Mid-year reviews are an excellent opportunity to assess and realign your objectives to ensure success. This guide will help you effectively review and adjust your product manager goals for optimal performance. A mid-year goal review can be invaluable for staying on track and ensuring progress toward your overall objectives.

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How To Manage Multiple Product Teams For Successful Development & Delivery

Speaker: Leslie Grandy, Product Executive & Drew Weaver, Senior Program Manager

Effective management of multiple product teams necessitates a skillful coordination and guidance with the objective of aligning efforts towards shared goals. This entails constant communication, efficient task management, and ensuring that each team aligns with the broader organizational objectives. We can think about this like conducting an orchestra, where diverse efforts are harmonized toward a unified outcome. 🎯 Proficiency in these skills empowers product managers to navigate comple

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Can You Think Yourself Thinner?

Nir Eyal

As a clinically obese teen, my parents were desperate to get me to a healthy weight. My mom coaxed me on a walk through our boring, middle-class Central Florida suburb every Sunday. The road we walked was paved with good intentions, but for me, it was hell: the heat and humidity, the painful chafing between my thighs, the inevitable embarrassment of applying Vaseline to said chafing. … If I was going to suffer, I would need a reward, and it had better be a good one!

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What is Month-1 Retention & How to Increase It? + Benchmark Report 2024

Userpilot

According to our benchmark, the average month-1 retention rate in SaaS companies is 46.9%. But how does your business fare against companies at the same stage and industry? Let’s explore our product metrics benchmark and learn: The definition of month-1 retention rate and why it matters. Average month-1 retention statistics for different segments. Strategies to improve your month-1 retention rate.

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What most people miss about marketing | Rory Sutherland (Vice Chairman of Ogilvy UK, author)

Lenny Rachitsky

Brought to you by: • Pendo —The only all-in-one product experience platform for any type of application • Cycle —Your feedback hub, on autopilot • Coda —The all-in-one collaborative workspace — Rory Sutherland is widely regarded as one of the most influential (and most entertaining) thinkers in marketing and behavioral science.

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Community Engagement

The Product Guy

In this session, we dive into the pivotal role of communities in enhancing product management. Our expert panel discusses the challenges and advantages of engaging decentralized user bases, especially in blockchain products where traditional analytics are limited. We explore how platforms like Discord and Reddit serve as invaluable tools for gaining deep user insights, beyond structured interviews and surveys.

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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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Hello, what exactly is you do? Jonty Sharples (Product and Strategy consultant)

Mind the Product

In the opening keynote at the Pendomonium+#mtpcon roadshow in London, Jonty Sharples, a renowned product and strategy consultant, delivered an insightful talk on the current state of product management. Here are the key takeaways from his presentation: The evolution of product management Jonty began by highlighting the increasing interest in product management over the past Read more » The post Hello, what exactly is you do?

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498: Real-world use of product life cycle management – with John Rovnan

Product Innovation Educators

Mastering product lifecycle management – for product managers Watch on YouTube TLDR Product lifecycle management is key to successful product development and innovation. This article explores the stages of a product’s life, from launch to retirement, and how they differ across industries and product types. Here are the main takeaways: The classic product lifecycle stages are introduction, growth, maturity, decline, and retirement.

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Product Owner Salary: What is the Average in 2024?

The Product HQ

The product owner is arguably the most important member of the product development team. For this reason, the product owner’s salary tends to be on the higher end, as compared to related product team member salaries. The rise in cross-functional product teams has resulted in product managers , developers, strategists, and product owners attaining a lot of skills.

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Guide to Business Analytics in SaaS: Types, Use Cases and Best Tools

Userpilot

In a fast-paced industry like SaaS, leveraging business analytics effectively can be the key to staying competitive and driving product growth. Business analytics offers invaluable insights that help SaaS companies optimize operations, enhance customer experiences, and make data-driven decisions. In this guide, we’ll explore the various types of business analytics, delve into practical use cases, and highlight the best tools to empower your strategy.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.