Sat.Feb 20, 2021 - Fri.Feb 26, 2021

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7 Reasons Why Products Fail

280 Group

What is product failure, anyway? Not all failures are catastrophic where the product is pulled from the market and the company goes out of business. Most are partial or soft failures. Failure is falling short of the strategic Objectives & Key Results (OKRs) metrics set for the product. Objectives can be multidimensional and go beyond financial goals for revenue and profit, such as establishing a new competitive advantage or providing a new upsell opportunity for another product.

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How to use Storytelling to Create Powerful Product Demos

Mind the Product

Storytelling is a powerful communication device. It goes back millennia to our hunter-gatherer days when we used to share over a campfire and entertain each other. How can we draw on these insights and use them in product demos? To answer this question, we have to remember that products are not just bundles of features. [.]. Read More. The post How to use Storytelling to Create Powerful Product Demos appeared first on Mind the Product.

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As Product Management Goes, So Goes the Rest of the Organization

Product Management University

William Shakespeare once said, “The Eyes are the window to your soul.” Think of product management as the window to your organization’s soul. Everything about how your organization builds, markets, sells and onboards customers starts and ends with your products. As product management goes, so goes the rest of the organization. Here’s a stab at what many would consider the ideal product management discipline (B2B).

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CX expert Annette Franz on putting the ‘customer’ in ‘customer experience’

Intercom, Inc.

Most businesses design customer experiences from the inside out, based on what is best for the company, when they should be doing the exact opposite. At least, that’s Annette Franz ‘ s two cents on the matter. Few people are as passionate about customer experience as Annette, the founder and CEO of consulting firm CX Journey Inc. With three decades of experience under her belt, she has learned a thing or two about helping companies build customer-centric businesses.

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Platform Product Management Beyond Features: Introducing B-MAP for Platform Ecosystem Success

Traditional PM struggles with the complexities of platform ecosystems. B-MAP framework tackles this challenge. B-MAP goes beyond features, focusing on building, managing, adapting, and partnering to foster a thriving platform ecosystem.

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Qualitative Research — You Asked, We Answered

280 Group

This month, we presented the webinar, Fueling Your Product Strategy with Qualitative Research. You can view the accompanying blog post as a primer to learn about how you can better extract insights from your research. We received so many great questions on the topic and have included answers to the top questions down below. Thank you all for engaging in our webinar!

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How am I Doing? Thoughts on Evaluating Product Managers

Mind the Product

When you hit a certain level in your product career, a big part of your job becomes managing your team(s) rather than actually doing the work. It’s rare that this shift is ever formally ushered in, and it’s very rare that managers of product managers are ever given formal training. Managers of product managers or [.]. Read More. The post How am I Doing?

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Making Self-Care Tactical — Why You Should Focus on Boundaries, Not Just Bubble Baths

First Round Review

Therapist Jessmina Archbold (publicly known as Minaa B.) shares her detailed guide to deeper self-care work, pushing back against common myths, offering up tactical advice and making the case for focusing on boundaries.

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New McKinsey Report Spotlights Product Management and Other Reskilling Efforts in Response to Market and Technology Trends

280 Group

The following insights have been drawn from the McKinsey & Company report: Beyond hiring: How companies are reskilling to address talent gaps , 2020. Rapid market and technology changes are driving companies to seek increased product innovation and operational effectiveness to keep up with the pace of change. A recent report from McKinsey & Company highlights the importance and value of reskilling staff across many roles in meeting these and other challenges, including staff in product

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The 10 Books Every Product Manager Should Read

The Product Coalition

Building a value-driven mindset will put you on a successful path as a Product Manager. Continue reading on Product Coalition ».

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Putting OKRs at the Centre – Natalija Hellesoe on The Product Experience

Mind the Product

We all know what OKRs are. Most of us use them or have tried to at some point. But it’s a much smaller group that have used OKRs well, and for their intended purpose. Natalija Hellesoe, co-author of OKRs at the Center, joins us on the podcast to chat about taking your practice to the [.]. Read More. The post Putting OKRs at the Centre – Natalija Hellesoe on The Product Experience appeared first on Mind the Product.

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Focus on Your First 10 Systems, Not Just Your First 10 Hires — This Chief of Staff Shares His Playbook

First Round Review

As Chief of Staff at HashiCorp, Kevin Fishner focuses on treating the company like a product. Here, he unpacks why the systems side of company building doesn’t get as much attention and digs into the nitty-gritty details of how they set and track progress toward goals, and make decisions through writing at HashiCorp.

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Are Distributors The Future Of Distribution?

Jay McBain

I made a prediction in January of 2018 that IT distributor disruption would continue. It was obvious that industry consolidation was accelerating, major distributors were diversifying, and private equity was getting more interested in transforming the industry. In the second half of last year, the two largest global IT distributors were acquired by private equity, […].

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Calendar Audits as a Product Manager

The Product Coalition

A guide to understanding your time better Time flies, especially if you are a Product Manager. Considering how multifaceted and cross-functional Product roles are, it is incredibly easy for Product Managers to get lost in the flurry of inbound requests. A client meeting that sales requested to address their queries, a clarification needed by an engineer who is working on your latest feature, a fire fighting meeting with operations as something broke on production, the list is endless.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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5 Tips for Product Managers: Members Content Sneak Preview

Mind the Product

Experts featured in our Prioritised and MTP Leader content give us new product management ideas and insights every month. From the phases of a product career to finding your hidden stakeholders, here’s a sneak peek at 5 pearls of wisdom from our February content. 1. The Product Manager Career Path Has Three Stages In How [.]. Read More. The post 5 Tips for Product Managers: Members Content Sneak Preview appeared first on Mind the Product.

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Discovery Sprint: A Free 12-week program for Startups

Strategyzer

If you are an ambitious and early-stage startup, with a dedicated team, a promising idea and the hopes of finding a scalable business model, this post is for you!

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Why product managers need to understand the 80/20 rule

ProductCraft

Ruthless prioritization is something we all know we should do more often, but it’s tricky to actually accomplish. Product is a lot like golf — you’re rewarded for doing fewer things more accurately. In my work coaching teams, one of the biggest pitfalls I see teams commit regularly is to equate activity to progress. This. Read more » The post Why product managers need to understand the 80/20 rule appeared first on ProductCraft by Pendo.

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When Agile isn’t Agile

The Product Coalition

Signs your organization has missed the point of Agile and it’s become another buzz-word! Treating Agile as just a method not part of a mindset, or culture, is a common contradiction in orgs trying to become Agile organizations. This approach is like following a recipe for a dish and believing that it makes you a chef. A chef knows the Why of cooking?

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IDC Analyst Report: The Open Source Blind Spot Putting Businesses at Risk

In a recent study, IDC found that 64% of organizations said they were already using open source in software development with a further 25% planning to in the next year. Most organizations are unaware of just how much open-source code is used and underestimate their dependency on it. As enterprises grow the use of open-source software, they face a new challenge: understanding the scope of open-source software that's being used throughout the organization and the corresponding exposure.

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Communicating Research with Pace Layer Mapping by Adrian Howard

Mind the Product

In this November 2020 #mtpcon Digital session, Product Coach Adrian Howard introduces Pace Layer Mapping, a practice to help product teams communicate and align around user research, sharing the messy story of how the practice evolved. Watch the 20-minute session in full, or read on for the overview. A Messy Journey Begins Adrian Howard’s vocation [.].

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The Ultimate Guide to Liars and Lying: Everyone Falls Into These 4 Types

Nir Eyal

The post The Ultimate Guide to Liars and Lying: Everyone Falls Into These 4 Types appeared first on Nir and Far.

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Want a Successful Agile Project? Start with Why Before How

Johanna Rothman

I've been speaking with several possible clients. They're having trouble with Scrum. The managers don't believe the teams need product owners, so the teams don't have POs. The managers think a Scrum Master can support at least four teams. The teams start a lot and finish very little. The teams think they have too many meetings. And everyone works alone—the teams collaborate very little.

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Throw Away Your Prioritization Framework If It’s Missing Any of These 3 Factors

The Product Coalition

After reviewing over 80 prioritization frameworks, I was shocked at how many are missing critical considerations. Can you guess what these… Continue reading on Product Coalition ».

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A Comprehensive Checklist to Revamp Your Website & Increase Profitability

Unlock the power of a well-designed website with our eBook, 'Comprehensive Checklist: A Guide to Website Redesign.' Crafted by Brucira and ruttl founders, it's your ally in reshaping your digital presence. Welcome to a transformative journey!

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Building a new Social Future by Aditya Mukherjee

Mind the Product

Customer centricity is a core value at Indian social startup Hike, its senior product manager Aditya Mukherjee relates in this talk to ProductTank Delhi, which looks to examine why customer centricity is difficult to crack. The main driver at Hike, he says, is as follows: in a world that has evolved tremendously in the last [.]. Read More. The post Building a new Social Future by Aditya Mukherjee appeared first on Mind the Product.

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Your Product Roadmap Needs Care

The Product Guy

When building a roadmap for the future, don’t forget to make sure it stays alive in the present. Watch and learn more from product management expert, Amin Bashi.

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10 best podcasts for product managers in 2021

ProductBoard

In a recent article, I shared my favorite product management-related reads. But while nothing beats a good book, what about those times when you want a quick fix of product wisdom on the go? Don’t worry, we’ve got you covered. In no particular order, here are my top product management podcasts for 2021. Build with Maggie Crowley Maggie is a former Olympic speed skater turned product leader.

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Don’t Ask For More Resources: Do More With What You Have!

The Product Coalition

Instead of asking for more, focus on helping your team succeed. Ensure you align your goals with the team’s current capacity: this is the… Continue reading on Product Coalition ».

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs. Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP – your data – to build a defensible AI strategy fo

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Scaling Empowered Teams: Advice From Nilan Peiris

Mind the Product

In this interactive AMA session for MTP Leader members, Nilan Peiris, VP of Growth at Wise — formally known as TransferWise — shares his experience with scaling and empowering teams. Watch the recording in its entirety or read on for the highlights, including: Building autonomous fast-paced product teams Introducing tribes Building empowerment during fast-growth Persuading leadership to [.].

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VDI Monitoring

eG Innovations

Why Virtual Server Monitoring Tools Alone are Not Sufficient for VDI Monitoring. The use of virtualization for hosting server VMs is well understood. Today, most virtualization platforms provide administration and monitoring software that admins can use to track the health of their hypervisors and virtual machines (VMs). What is VDI? A virtual desktop infrastructure.

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5 Critical Product Manager Skills For Extreme Success + How to Master Them. Interview with Shobhit Chugh – Ex-Google Product Manager helping PMs Fast-Track Their Career

Userpilot

So you are a Product Manager. Have you thought what skills do you need to succeed at your career though? Shobhit Chugh – Ex-Google Product Manager helping PMs fast-track their career – says it’s time to treat your career like a product! He gave us advice on product manager skills that are needed to achieve success + his personal story, ups and downs of building a successful product team in Google.