2023

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Building High-Performing Product Teams

Roman Pichler

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. This sounds simple enough. But in practice, organising teams around products can be challenging, especially when a company lacks a clear understanding of what a (digital) product is and if it does not embrace a product-led way of working.

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Using ChatGPT to Perform Competitive Analysis

280 Group

This is part 2 of 3 on our series of using ChatGPT in your day-to-day job as product managers (PMs). In this entry, we’ll explore ways PMs can leverage ChatGPT to help with product discovery. ( Read Part 1, “Using ChatGPT as a Product Management Tool”, here ). TLDR Using the example of a new product manager at a challenger bank, (a smaller and newer bank), Jake uses ChatGPT to quickly do competitive analysis Specifically, Jake uses ChatGPT and Porter’s Five Forces to build

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Product in Practice: All It Took Was One Product Trio to Inspire Change—The Hemnet Story

Product Talk

You don’t necessarily need anyone’s permission to get started with continuous discovery. In fact, some steps—like story mapping and identifying your assumptions —don’t even require anyone else to participate. You can easily go through these activities on your own. But at the same time, continuous discovery shouldn’t always be a solo activity. There’s a reason why Teresa often refers to the product trio : Continuous discovery is more effective when you avoid turf wars and bring in different persp

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Product Managers – More Strategic as Product CEO or Portfolio Executive?

Product Management University

The product CEO analogy for product managers has been around forever, but when you think about it, does it really make sense for B2B software? Every product manager wants to have a reputation for being strategic. The question is, can you have a greater strategic impact as a product CEO or as a member of the portfolio executive team? Let’s have a look see!

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The Best Product Strategy Is a Customer-Facing Portfolio Strategy

Speaker: John Mansour - President, Product Management University

You know that sinking feeling. You’ve come up with a winning product strategy, everyone’s on board and energized, and you’re halfway down the path to execution only to have it submarined by something someone convinced your leadership was more strategic! It’s a scenario that’s all too familiar and it exemplifies one of the biggest struggles with individual product strategies.

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53 Questions Developers Should Ask Innovators

TechEmpower - Product Management

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. It’s part of our job to ask questions about their plans, challenge their assumptions, and suggest paths to success. The conversations are interesting and varied because they’re about new, exciting, different things.

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How I Survived the Lifestyle of a Product Manager as an Introvert

The Product Coalition

“I am rarely bored alone; I am often bored in groups and crowds.” — Laurie Helgoe When I first started working as a Product Manager, the number of meetings on my calendar jumped from a few to a few hundred. That’s not factually true, but that’s how it felt like. Bing’s AI helped to create this illustration of me Before product, I was a designer or an engineer, so most of the work happened in a collaboration between me and my computer.

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10 Examples of Successful Ecommerce Product Pages

AB Tasty

Let's examine the 5 mandatory elements of an effective ecommerce product page plus some examples of the most successful product pages by industry that you can get inspiration from.

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How to track the protests posing a risk to your company’s assets with Feedly AI

Roy Madden

Market Intelligence Keep up with protests, riots, and strikes across the Web Tracking the ever-changing nature of protests can be a daunting task. Today, we are excited to release two new Feedly AI models: Protests and Violent Protests. They help security analysts track riots, strikes, and rallies that pose a risk to a company’s assets and employees.

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We Surveyed 1093 Researchers About How They Use AI—Here’s What We Learned

UserInterviews

How are researchers using AI? Insights from a survey about the tools, use cases, ethical concerns, and guardrails for AI in UX research.

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The New GTM Playbook: 18 Ways to Future-Proof Your Sales Team

Longer sales cycles. Increasingly discerning buyers. More meetings. Intensifying competition. Economic uncertainty. Go-to-market teams of every size, in every industry, are grappling with these challenges firsthand. Thankfully, there’s an answer. We’ve developed an entirely new way for GTM leaders to identify and execute proven, data-driven strategies that drive revenue.

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453: Creating an effective and motivating product strategy – with Bob Caporale

Product Innovation Educators

A four-layer framework to create a winning product strategy Today we are talking about creating product strategy. Our guest is Bob Caporale. Bob is the author of the book Creative Strategy Generation. He is a strategic practitioner, having spent 20 years leading product, marketing, and business functions for large international corporations. I first heard of Bob when he was the president of Sequent Learning, the product management training company.

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Succeeding with Product Delivery and Scrum: 10 Tips for Product People

Roman Pichler

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. It achieves this by using sprints to create product increments, collecting feedback from users and stakeholders, and adapting the product with the insights gained. [1] As simple as this sounds, there is a catch: To create value with Scrum, you must understand who the users and customers are, why people would

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What is Product Management?

280 Group

While product management has been around a long time, it’s only in more recent years that the role has become more popular. More and more the business world is embracing the value of product managers, and yet the role still often goes misunderstood. In this post we hope to clear up any confusion about what product management is, what exactly product managers do, and the immense value they bring to their organizations.

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Tools of the Trade: Visualizing Discovery with Opportunity Solution Trees

Product Talk

The opportunity solution tree helps visualize all the work that goes into continuous discovery. Instead of relying on someone else (like a coach or leader) to tell them what to do next, product teams can use an opportunity solution tree to keep track of their desired outcome , the opportunities they’ve identified to chip away at that outcome, and the solutions they’re considering to address those opportunities.

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Identify Assumptions, Hypothesize Quickly: Generating Useful Feedback to Improve Your Product

Speaker: Scott Sehlhorst - President of Tyner Blain, Product Management and Strategy Consultant

What we build are features, intended to add value for our customers and advance our company's financial goals. To know what to measure, you have to unearth your assumptions of how each feature will make things better, and form testable hypotheses. See how to build an impact map, understand leading indicators, and write disprovable hypotheses - which are the inputs to your experimental design.

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The Biggest Difference Between Product Management and Portfolio Management

Product Management University

The biggest difference between product management and portfolio management is product management focuses specifically on the success of each product whereas portfolio management focuses on the success of the company (the portfolio) in chosen market segments. Product Management In a product management model, product managers assess markets where their products can best succeed and they create plans accordingly to support the company’s strategic and financial goals.

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Spark: Bringing generative AI to Mixpanel

Mixpanel

The rules of SaaS are changing. For so long, using the apps and services we need to be productive has required technical formulas or exhausting interfaces. Generative AI is unframing all of that. Have some scratch notes you’d like expanded into a new product requirements document (PRD)? You can now click a button to get AI to write and organize it for you.

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When was the last time you pissed off your users off?

Mind the Product

Product and People Leader, Assaph Mehr, discusses the importance of killing features on the journey to building great products. Read more » The post When was the last time you pissed off your users off? appeared first on Mind the Product.

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The Only Leading Metric to Measure Product-Market Fit and How to Use It

The Product Coalition

Product-market fit (PMF) is a tricky thing for startups. It’s that sweet spot where the needs of your target market perfectly align with what your product is offering, and if you’re a product manager at an early startup, it’s your job to help your product find that fit. A lot of startups think they have PMF and try to enter the growth phase prematurely — usually due in part due to VC pressure to grow or simply not having a way to measure and validate how strong your PMF is — which can be disastr

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Value-Driven AI: Applying Lessons Learned from Predictive AI to Generative

Speaker: Data Robot

Enterprise AI maturity has evolved dramatically over the past 5 years. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming. Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Join our DataRobot experts to reflect on lessons learned from helping hundreds of enterprises grow their AI maturity over the past 5 years.

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Great Value Proposition Examples

AB Tasty

Your value proposition, or Unique Selling Point, is at the heart of your product or service. Learn more about this essential piece of your business: what a good value proposition looks like and how to write a great one.

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What Do We Owe Our Teams?

Mironov Consulting

Many of my discussions with product leaders (CPOs, VPs and others who manage teams of product folks) are about the substance of product management: portfolios, competing stakeholders, pricing & packaging, tarot cards as a revenue forecasting model.  Last week, though, in my product leadership workshop , we had an extended discussion about the core people-and-organizational obligations we have toward those who work for us.

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How Product Risks Differ from Project Risks

Johanna Rothman

Up until now, when thinking about risks, I defaulted to the risks in the project pyramid. That's because each project offers different value over the product's lifetime. (See Product Roles, Part 4: Product Orientation and the Role of Projects for images of why we want ever-increasing product value, but why we might space the projects out.) If we understand our boundaries and constraints, we can trade off the various risks in the project.

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456: The product journey of a disruptive innovation – with Eli Packouz

Product Innovation Educators

How one serial inventor brought a revolutionary approach to flossing from idea to launch Today we are talking about the journey from initial insight to launched product. The featured product is Instafloss, a revolutionary approach to flossing your teeth. With us is the creator of Instafloss, serial inventor, and two-time founder, Eli Packouz. Summary of some concepts discussed for product managers [2:03] Tell us about Instafloss.

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Keep the Competitive Edge and Reduce Churn

Speaker: Johanna Rothman - Management Consultant, Rothman Consulting Group

When customers leave your product ecosystem, they often leave you puzzled about the reasons behind their departure. Maybe your product was once the best option on the market, but due to missing features and difficulties, its competitive edge has dwindled. Alternatively, customers might encounter challenges in using the product, thereby undermining the initial value proposition that drove their adoption.

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How to Use Funnel Analysis to Extract Actionable Insights?

Userpilot

What is funnel analysis? What benefits does it bring to product teams? How do you conduct it to optimize the customer journey, and which analytics tools can you use? These are the key questions that we tackle in the article, so if you’re after the answers, fasten the seatbelts, and let’s get right into it! TL;DR Funnel analysis helps teams understand how many users complete a sequence of events leading to a conversion and how long it takes.

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One Question to Ask Yourself to Know Your Future

Nir Eyal

The German writer and philosopher Goethe believed he could predict someone’s future based on one simple fact. “If I know how you spend your time,” he wrote, “then I know what might become of you.” Seeing how you spend your time reveals your values and, thus, shows where your investment of time, attention, and effort will lead you. The post One Question to Ask Yourself to Know Your Future appeared first on Nir and Far.

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How Can Product Leaders Support Continuous Discovery?

Product Talk

In addition to delivering a keynote at the Product at Heart conference (in case you missed it, you can find the video and transcript of that presentation here ), conference co-organizer Petra Wille also invited me to participate in a fireside chat at the Leadership Forum event. We discussed a few of the common stages companies tend to go through when they adopt continuous discovery , some of the challenges and setbacks they’re likely to experience, and how leaders specifically can help teams ove

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Product Manager Career Path: Positions, Responsibilities, and How to Advance

Product Management University

Product management is one of the hottest careers in high-tech right now with tremendous career growth. If you’re considering a career in this industry, you’ll need to know exactly what will be expected of you as a product manager. Fortunately, we have all the insights you’ll need to succeed. In this post, we’ll look at the nuances of the product manager career path and how to stand out in your role so you can advance in your field.

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Powering Customer-Centric Experiences with Data

We know that today’s customers prioritize experiences over other aspects of a brand. Customers' expectations for digital interactions are constantly rising, which puts pressure on brands to continuously optimize their digital strategies in order to stay ahead of the competition. When it comes to unlocking a new level of digital experience, data-driven experimentation is the key.

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Price Transparency: Putting the customer first in B2B software

Mixpanel

Customer Focus is one of our core cultural values at Mixpanel. We respect our customers’ time and strive to make buying software as seamless and frictionless as subscribing to your favorite music streaming service. That’s why we’ve made all of Mixpanel’s plans available for purchase online with our pricing clearly listed on our website. This removes the friction of customers having to schedule a call with a sales rep, negotiating on price, and the many other steps that completing a B2B software

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The product momentum gap – Dave Martin and Andrea Saez on The Product Experience

Mind the Product

This week we invited Dave Martin and Andrea Saez, to share their insights from their book 'Product Momentum Gap, whilst also sharing wisdom on product strategy and providing customer value. Read more » The post The product momentum gap – Dave Martin and Andrea Saez on The Product Experience appeared first on Mind the Product.

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The Power of Agreements Beyond Roles: Building a Culture of Collaboration and Organizational…

The Product Coalition

The Power of Agreements Beyond Roles: Building a Culture of Collaboration and Organizational Efficiency Hey there! Have you ever found yourself pondering the intricate web that is today’s business world? If you’ve ever felt like a fish out of water trying to understand your role amidst so many demands, know that you’re not alone in this. We’ve all asked ourselves: “What exactly should I do here?