Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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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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How to Create Magical Products and Truly Solve Your Customers’ Problems

The Product Coalition

Real invention is hard, that’s why real innovation is hard. Evolution is much easier than revolution. But to truly solve customers’ problems, founders and product leaders must think beyond what they already know about the product. Here are 3 methods to do so. Photo by Tú Nguyễn on Pexels Imagine you are on your way to the office on a winter morning.

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Preventing product bias: lessons from leaders

Mind the Product

practical steps that product teams can take to eliminate bias and ensure they build products that are equally accessible to everyone Read more » The post Preventing product bias: lessons from leaders appeared first on Mind the Product.

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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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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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Trailblazing Women in Product Management: Corre Curtice, VP of Product Management at Genesys

280 Group

For our next installment of our Women in Product Management Series, I interviewed Corre Curtice , Vice President of Product Management at Genesys. To read the entire series on Women in Product Management make sure to sign up for our newsletter.  TL; DR Corre’s background in Economics and Computer Science led her to product development, where she became interested in the entire product lifecycle and customer experience.

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User Retention Playbook: How to Keep Customers Happy

Userpilot

Without retaining users , you’re throwing away money and resources spent acquiring customers that’s why having a retention playbook is helpful. A user retention playbook will keep your customers happy and continue using your product for longer. TL;DR Customer retention can improve profitability, is less expensive than acquiring new users, and forms a large part of future revenue.

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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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Heavy Equipment Product Managers Search For New Revenues

The Accidental Product Manager

Equipment product managers are searching for steady revenue Image Credit: Laura Gilmore The product managers for heavy equipment, you know things like cranes, backhoes, rollers, etc., have a bit of a problem on their hands. When times are good and people are buying their product, then times are really good. When times are bad, and people stop buying their products, then times are really bad.

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How to Design a Winning Workshop: Step 1 of 5

The Product Coalition

If you’re a workshop leader or meeting facilitator, at some point you’ve probably observed the not-so-fun energies of resistance and aversion among your participants. It’s an unfortunate reality that mostly likely happens because people have been burned in the past by inefficient, unproductive, and boring sessions that feel like a waste of time. The truth is, the workshop experience is going to be a waste of time if it isn’t grounded in a well-thought-out design.

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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.

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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.

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Feature Prioritization Matrix 101 for Product Teams

Userpilot

What’s a feature prioritization matrix and how can product teams leverage it to make better product decisions? These are the key questions we cover in the article. We also look at: The reasons to use a feature prioritization matrix. How to develop your own prioritization matrix. Prioritization mistakes to avoid. Examples of different prioritization frameworks.

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Scheduling for Life’s Surprises: When Timeboxing is Toast

Nir Eyal

Some days, the world seems intent on sabotaging your timeboxed calendar. A meeting goes longer than expected. The daycare center calls to say that your child is ill and has to be picked up ASAP. A project you thought would take an hour to complete instead took three. Before you know it, the end of the day arrives, and you’ve barely given time to the tasks you had wanted to do.

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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

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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.

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Lessons learned from leading products at Forbes

Mind the Product

What are you doing at Forbes, and how did you get into product? I am Vice President of Product at Forbes and my path to product has not been linear. I started my career in the life sciences with the goal of one day pursuing academic research and advocating for evidence-based science education and policies. Read more » The post Lessons learned from leading products at Forbes appeared first on Mind the Product.

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Product Satisfaction Survey: 35+ Question Examples [+ Survey Templates]

Userpilot

For most SaaS businesses, a product satisfaction survey can be the heart of a user research process. But what type of surveys are best for your goals? And how should you ask your questions to ensure that you’re collecting the right data? In this article, we’ll go over different survey types and examples, as well as provide some ready-to-use templates you can use right away with Userpilot.

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Craft Isn’t the End Goal, Impact Is

UserInterviews

To stakeholders, UX research is a means to an end (impact & profit)—teach them to care about your craft by learning to speak their language.

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Applying Gestalt Principles for Product Managers

The Product Coalition

One pillar of product management is the user experience. Therefore it is highly recommended to learn the basic principles — one being the Gestalt. Drawing inspiration from my experience as an engineer turned to product (yes, UX/UI are not my most robust suites), this article aims to demystify the application of Gestalt principles in visual design, providing product managers with insights to enhance their design-driven decisions and drive business results.

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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 fusion phenomenon: product strategy vs UX strategy

Mind the Product

Making the case for the unification of product strategy and UX strategy, its advantages and potential pitfalls Read more » The post The fusion phenomenon: product strategy vs UX strategy appeared first on Mind the Product.

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Different Types of Bias in Surveys and How to Avoid Them

Userpilot

Different types of bias in surveys can lead you towards false conclusions. To avoid these inaccurate insights, we will dive into the nitty-gritty of different biases and the ways you can avoid them. Analyzing user sentiment is an essential step for all product developers and marketers to take. And we are here to help! TL;DR Survey bias occurs when feedback deviates due to the influence of a surveyor or respondent leading to inaccurate feedback collection.

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Introducing Session Replay: Building Great Products Just Got Easier

Amplitude

Session Replay powered by Amplitude simplifies your analytics stack and gives product teams more confidence to make faster decisions.

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A Tale of Two Roadmaps?—?And Why You Can’t Succeed With Only One

The Product Coalition

A Tale of Two Roadmaps — And Why You Can’t Succeed With Only One “There is no one-size-fits-all product roadmap. A roadmap can and should look different depending on the situation. Different businesses, different stages of product maturity, different audiences, and different goals might necessitate different roadmap formats.” — C. Todd Lombardo Once upon a time, in a city like yours, two versions of a roadmap emerged.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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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.

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Creating a Customer Workshop

The Product Guy

It is time to evolve from design sprints to the customer workshop. Watch and learn more from product management expert, Meghan Nesta.

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From Strategy to Practice: Tactics and Metrics for Implementing PLG

Amplitude

Get expert insights into PLG tactics and metrics. Learn how to drive and track product-led acquisition, retention, and monetization.

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How I Got My First Product Management Job?—?A Guide For All Aspiring Product Managers

The Product Coalition

What if I told you it took me 25+ failed interviews and 2+ stressful months to secure my first product management job?

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The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data and AI

Speaker: Aindra Misra, Sr. Staff Product Manager of Data & AI at BILL (Previously PM Lead at Twitter/X)

Embark on a transformation journey into the heart of the data ecosystem! This webinar is your gateway to a deeper comprehension of the foundations that drive the data industry and will equip you with the knowledge needed to navigate the evolving landscape. Delve into the diverse use cases where data analytics plays a pivotal role. We’ll explore how these applications are transforming with the introduction of Gen AI, and discuss the anticipated use cases for 2024 and beyond.

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SUNDAY REWIND: How to connect strategy with OKRs

Mind the Product

Tactics for connecting strategy to OKRs during the OKR setting process Read more » The post SUNDAY REWIND: How to connect strategy with OKRs appeared first on Mind the Product.

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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.

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What Are OKRs and Why They Matter in Product Development

Gocious Blog

They say that setting a goal means nothing when you have no way to track your progress or measure your results. The same truth applies to business. Your company may set lofty objectives, but without a clear plan to achieve those goals or specific metrics to track and measure success, those goals will likely not be reached.