Tue.Aug 15, 2023

article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rerun: OKRs can be simple – Storm Fagan on The Product Experience

Mind the Product

Rerun: OKRs are a simple concept — but deceptively hard to get right. There’s an awful lot of horror stories about implementations gone wrong, along with any number of gurus and guides on how to get it right. Storm Fagan — now the Chief Product Officer at the BBC, formerly at JustEat — joined us on the podcast to break down how she made OKRs scale at a big company by keeping them simple.

171
171
article thumbnail

Returns from Product Development

The Product Coalition

A business needs to see that the investments it makes are driving a financial return. This sounds simple but “desirable returns” looks different to different businesses and these differences, explicit or implied, end up driving how product development is viewed and run. Consider, for example, the typical venture capital funded startup. The shareholders of this startup are making investments now that will likely lead to near term losses but that later will hopefully lead to significant gains in t

article thumbnail

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.

article thumbnail

13 cross-functional teams product managers should get to know

Mind the Product

Transcendent product managers excite and inspire. They galvanize their cross-functional partners through collaboration. They want to hear their partners’ ideas and incorporate them to bring the best products to market that will serve a purpose and improve humanity. Productive organizations possess numerous qualities that contribute to their effectiveness.

More Trending

article thumbnail

How to Develop a Product Line: Clone & Own vs. Platforming

Gocious Blog

Every company that has developed a product their customer loves wants to repeat the same success. It feels good to know your market and deliver value. Some product teams think about long-term success and put plans in place from the initial design. They know that if their product is successful, they’ll want to create other versions. Even companies who haven’t planned in advance to replicate their products still have a choice to make between these two methods.

article thumbnail

Consulting Tip 4: Always Focus on Your Value for Your Client’s Time

Johanna Rothman

Warning: Rant ahead. Today, I received several chirpy, happy, perky emails from either connections or LinkedIn's email. They all said essentially the same thing: “Hello, friend. What's making you happy or successful today?” I hate these emails. Just hate them. They feel fake to me and worse, they bring out the grumpy in me. And I just realized why.

article thumbnail

Webinar recording: Start Stopping! A Lean Approach to Portfolio and Budgeting Management

Agile Velocity

A key to improving the impact of your IT portfolio operations is identifying the things you need to stop doing! This helps you focus on project schedule and cost, while amplifying the focus and the flexibility required to optimize value delivery. T In this video, Transformation Coaches Randy Hale and Sally Tait discuss how to: Apply Lean budgeting to simplify financial processes and focus on value Use Lean Portfolio Management techniques to optimize enterprise flow Leverage KPI’s and metr

Webinar 68
article thumbnail

Silicon Valley: The Unrivaled Launchpad for Your Startup Success

TurnKey Labs

Imagine you’re about to embark on an epic journey. You have a bold idea, a clear vision, and an unwavering determination to turn your startup dream into reality. But where do you begin this journey? Where do you find the rich soil to plant your entrepreneurial seed and the perfect conditions to ensure it thrives?

article thumbnail

How to Migrate From DataStax Enterprise to Instaclustr Managed Apache Cassandra

If you’re considering migrating from DataStax Enterprise (DSE) to open source Apache Cassandra®, our comprehensive guide is tailored for architects, engineers, and IT directors. Whether you’re motivated by cost savings, avoiding vendor lock-in, or embracing the vibrant open-source community, Apache Cassandra offers robust value. Transition seamlessly to Instaclustr Managed Cassandra with our expert insights, ensuring zero downtime during migration.

article thumbnail

TRANSPARENT COMMUNICATION, TEAM MOTIVATION & GROWTH MANAGEMENT: A CONVERSATION WITH ROB MORTENSEN (PART ONE)

Clint Padgett – Project Success

Episode Information: Clint has a conversation with Rob Mortensen, General Manager of Delivery Systems and Services for North America and Europe at EMD Electronics. During their discussion, Rob talks about the lessons he’s learned from managing organizational growth, the importance of transparent and timely communication, and the benefits of in-person conversations versus virtual meetings.

article thumbnail

For the 9th time, Modus Create makes the Inc. 5000 list of fastest-growing private companies

Modus Create

NEW YORK, August 15, 2023 –( BUSINESS WIRE )–Inc. revealed today that digital consulting firm Modus Create ranks No. 2158 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.

article thumbnail

Developers, Entrepreneurs, & Depression

Business of Software Conference

Over the years, Seth Godin, Geoffrey Moore, Jennifer Aaker, Clayton Christensen, Kathy Sierra and other extraordinary people have taken the stage at BoS. Greg is the first speaker to ever get a standing ovation. Well deserved. This talk is heroic, funny, sad, dark, uplifting, brave, thoughtful, intelligent, inspiring and helpful Greg Baugues Business of Software USA 2013 Watch the Talk In this talk, Greg sheds light on the challenges that developers and entrepreneurs face when it comes to mental

article thumbnail

Product Discussion with the Agile Wire

Johanna Rothman

After I spoke with Chad and Jeff on the previous podcast, Deep Dive into Successful Independent Consulting with the Agile Wire , we spoke all about the idea of building products, starting with consulting-based products. See Building the Right Product with Johanna Rothman. Some of our discussion points: Consulting products: how to think about products for consultants How we can think about products for the mass market, and how that might be different from other markets Thinking about when teams n

Agile 40
article thumbnail

Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

article thumbnail

5 Strategies for Attracting and Onboarding Users to Finserv Platforms

Amplitude

Learn five strategies for acquiring and onboarding new customers to finserv platforms.

article thumbnail

Product Launch Plan For SaaS: How to Launch Products Successfully

Userpilot

There’s a vast gap between a great idea and bringing that idea into reality: and there’s no better example than a product launch plan. If you get your product launch plan wrong, all the hard work and effort of building your product might be for nothing. In this article, we’re going to make sure that doesn’t happen. We’ll give you the step-by-step checklist you need to create a solid product launch plan – one that will guarantee a successful launch.

article thumbnail

How to Create a Seamless Product Launch Marketing Plan

Userpilot

A product launch marketing plan is more than a simple press release announcing your product. It is the process that guides you to a successful product release. With several product launches occurring every day, you need something special to ensure your announcement doesn’t get lost in the noise. In this article, we detail what a product launch marketing plan is, why you need one, and how to create a successful product marketing from the start.

article thumbnail

Self-Service Analytics 101 for SaaS Companies

Userpilot

How can SaaS companies use self-service analytics to gain the insights they need to drive product growth ? This is the question this article explores, so if you’re after the answer, you’re in the right place. Let’s get right to it! TL;DR Self-service analytics tools enable non-technical product teams to access and analyze customer data without dev or data scientist support.

article thumbnail

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.