August, 2023

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Seven Practical Steps to Forging a Flourishing Product Management Career

Spice Catalyst

Project management can be a thrilling and rewarding career path for professionals from various fields. It’s one of those careers that almost everyone wants to pursue, but many find it hard to land a job. Below, Spice Catalyst shares some simple steps for advancing your product management career and getting your first job! 1.

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10 Product Strategy Mistakes to Avoid

Roman Pichler

Listen to the audio version of this article: [link] 1 No Strategy The first and most crucial mistake is to have no product strategy at all. When that’s the case, a product is usually progressed based on the features requested by the users and stakeholders. As there is no strategy, objectively assessing the impact of the requests is virtually impossible.

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Driven by Purpose: The Secret Behind Successful Products

The Product Coalition

“People don’t buy what you do; they buy why you do it. And what you do simply proves what you believe.” — Steve Jobs My career was forever changed. “Why?” Such a simple question. Yet so hard to answer. It was a sweltering summer day in Atlanta in a bland, boring corporate office struggling to keep pace with the heat. Despite my apparent struggle to focus given the office temperate, a colleague decided to toss a bomb my way.

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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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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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What to do when product growth stalls

Andrew Chen

The crisis arrives slowly, then all at once At first, everything seems rosy. The growth rate of a new product is spiking, and growing quickly, maybe even hundreds of percentage points a year. But weirdly, a year or two in, there’s some softness in the latest numbers. Maybe it’s seasonality, or maybe something else. But worryingly, it keeps slowing.

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Everyone Can Do Continuous Discovery—Even You! Here’s How

Product Talk

One of the most common responses I get when I talk about continuous discovery is: “That would never work in my organization.” But after working with thousands of product people and organizations of all kinds, I can tell you that everyone is capable of making progress on their continuous discovery journey. It’s all about finding the small steps you can take to build these habits.

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How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

When plotting out our product’s trajectory, there’s a constant tension between two competing mindsets. On the one hand, there’s the “go-big-or-go-home” moonshot approach. Where charismatic leaders rally the troops around an ambitious vision with a massive potential payoff. These high-risk gambits get praised when they succeed and pilloried when they fail.

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Unlocking Peak Performance: The Power of Psychological Safety in Product Teams

The Product Coalition

“Just as safety is crucial in improving results in industries such as manufacturing and oil drilling, psychological safety is crucial for improving results in knowledge and creative work, which is what people like us do. The safer team members feel with one another, the more likely they are to admit mistakes, partner, and take on new roles. And it affects pretty much every important dimension we look at for employees.” — Eric Schmidt, Former CEO of Google There I sat in a room as the CFO berated

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Special: The most influential product association you’ve never heard of – with Susan Penta

Product Innovation Educators

The value the Product Development and Management Association provides for product mangers and leaders Today we are talking about the most influential professional product association you’ve likely never heard of. The association is PDMA, and we’ll talk about what the they do and why you should know about them. Susan Penta is with us. She is the Chair of PDMA and has served in other volunteer roles with the association in the past.

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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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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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How Duolingo uses AI to enhance its user experience

Mind the Product

Digital learning app Duolingo has been on a hypergrowth journey since it was founded in 2011, and now over 20 million active users worldwide. We caught up with Edwin Bodge, Principal Product Manager at Duolingo, to learn more about its product strategy, how AI has helped, and where the product is heading next. Read more » The post How Duolingo uses AI to enhance its user experience appeared first on Mind the Product.

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Product in Practice: Learning to Interview Continuously

Product Talk

It’s no secret that Product Talk is built on the foundation of continuous discovery. Yes, all of the content we create—whether it’s this blog, the Product Talk Academy courses , the community , or the Continuous Discovery Habits book—focuses on the various facets of continuous discovery. But it’s not just the subject matter we write about. The principles of continuous discovery actually power a significant amount of the work we do behind the scenes at Product Talk, too.

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Alchemer Hires Former Qualtrics Sales Executive As Chief Revenue Officer

Alchemer Mobile

Key leadership addition positions Alchemer to continue impressive organic and acquisition momentum. LOUISVILLE, COLORADO, August 29, 2023 – Alchemer – a global leader in experience management and enterprise feedback technology – today announced the hiring of Brandon Hodges as Chief Revenue Officer (CRO). Hodges most recently spent 18 years at Qualtrics and Oracle, companies recognized for having great sales-driven cultures.

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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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A Deep Dive into the Software Development Life Cycle (SDLC)

The Product Coalition

The Software Development Life Cycle provides a practical framework you can apply to your product and improve your processes. It helps us meet customers’ demands, needs, and expectations. You can outline and define a detailed plan for stages, phases, and requirements with SDLC. It covers planning, estimating, and scheduling. With the support of the SDLC, You can track and control your calendar, and increase productivity and speed of development.

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Product Drive 2023 – How to Build Products Users Love

Userpilot

It’s 2023, and customers have options. This makes it more important than ever to create products people actually want to use. But how do you do that? What strategies can you implement to drive acquisition and retention faster? How do you ensure your team doesn’t lose momentum along the way? The expert speakers at Product Drive 2023 will answer these and many more questions.

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Free Product Management Events in September 2023

Product Management University

If you want to be well connected and stay on top of your game, here are five free product management events in September 2023. Two are in-person and three are virtual. Here they are. August 30, 2023 | Virtual Greater Strategic Impact, Product CEO or Portfolio Executive? The age-old debate of “Product CEO” vs. the fresh perspective of “Portfolio Executive” in the world of product management.

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Storytelling and driving accountability with data

Mind the Product

Product leader, James Gunca, discusses how data-driven narratives, tailored context, and audience understanding can transform product managers into effective storytellers for better outcomes. Read more » The post Storytelling and driving accountability with data appeared first on Mind the Product.

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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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452: Using exploration, alignment, and decision-making to innovate into the unknown – with Atif Rafiq

Product Innovation Educators

What product managers need to know about the Decision Sprint framework for faster problem-solving Today we are talking about faster problem-solving to speed innovation by using a three-part framework including Exploration, Alignment, and Decision-Making. Our guest is Atif Rafiq. He invented a system for problem-solving based on his 25-year career spanning Silicon Valley and the Fortune 500.

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The Pioneer Awards: Now Accepting Submissions

Amplitude

The Amplitude Pioneer Awards are now open for submissions. These awards celebrate all types of Amplitude customers using data to build great products and experiences faster.

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When You Lead Daily Standups, What Are Your Best Techniques?

The Product Coalition

We asked product leaders how they lead daily standup activities. Here’s what they said. By Tremis Skeete , for Product Coalition Daily standups — the daily meetings product team members are either excited about or quietly dread. The rituals are loved and hated by product people around the globe, and it’s not the kind the activity that will go out of fashion anytime soon, so our best response is to discover ways to make these activities valuable, for everyone.

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What Is Product Management? Roles, Process, Tools, and More

Userpilot

Product management is equal parts art and science – and it’s vital to the success of your SaaS. In this article, we’re going to unpack what is product management , how it differs from traditional project management, the role it plays in building products that delight your users, and the skills a good product manager must demonstrate to succeed.

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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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Behind ISRO’s engineering thinking and some lessons for India’s startup ecosystem

NextBigWhat

What was Chandrayaan-3’s budget? Well, a mere ₹ 615 crores. What does 615 crores mean in today’s tech economy? Let’s look at some comparables. Here is a quick data point from the well-funded consumer startups Here is some more data point: ISRO’s engineering thinking Always-learning is how I’d describe that. We tried to build one […] The post Behind ISRO’s engineering thinking and some lessons for India’s startup ecosystem appeared first on nextbigwhat.

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Top product management reads in August

Mind the Product

Amid summer holidays and vacations, Mind the Product was inundated with great content in the month of August, from product coaching to Netflix job applications. Read on for our top five posts this month. Read more » The post Top product management reads in August appeared first on Mind the Product.

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How Moneyfarm Cultivates Features That Matter

Split

Moneyfarm is a European digital wealth manager with more than 90,000 active investors and over £2.3 billion in assets under management. They operate through both an online platform and an app. Their development teams used a homegrown solution for feature flagging, a limiting solution that only allowed them to turn features on or off. Before partnering with Split, Moneyfarm had no way to target users and allow for a percentage or gradual rollout when releasing new features to their platform.

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5 Best Practices Marketers Often Overlook When Measuring Retention

Amplitude

Austin Hay, Head of Marketing Technology at Ramp and Reforge expert, provides five retention analysis best practices he’s picked up from his MarTech experience.

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Use Cases for Apache Cassandra®

There’s a good reason why Apache Cassandra® is quickly becoming the NoSQL database of choice for organizations of all stripes. In this white paper, discover the key use cases that make Cassandra® such a compelling open source software – and learn the important pitfalls to avoid. From understanding its distributed architecture to unlocking its incredible power for industries like healthcare, finance, retail and more, experience how Cassandra® can transform your entire data operations.

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Technical Literacy: A Practical Guide for Product Managers

The Product Coalition

Product excellence requires tech literacy. Here is how to level up your skills. I have preached this more than once, technical literacy for product managers is essential. In the area of AI, it is critical for everyone, but product managers have to stay ahead of the curve. Today I will write about gaining technical literacy (free courses only). If you dont have the self-discipline required for self-education (and many of us dont), please pay for your education — it will keep you accountable.

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Market Validation: Step-By-Step Guide (+Popular Methods)

Userpilot

What’s market validation in SaaS, and why is it important? If you’re looking for the answers to these questions, we’ve got you covered! This article also introduces popular market validation methods and explains how product teams can develop a solid validation plan! Let’s get right to it! TL;DR Market validation helps you answer the question of whether there are enough potential customers who are willing to pay for your product.

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Evolve Your Usability Testing with These Innovative Approaches

dscout People Nerds

With some creativity, your usability testing practice can be more efficient, innovative, and customer-centered. It might actually start to be more fun, too.