Category Archives: feature prioritization

Rasmus Skjoldan @ ‘The Three Questions for Product Manager’

Rasmus_webRasmus Skjoldan is the lead product manager of Magnolia, the CMS behind sites for the likes of Virgin America, Airbus, Al Arabiya and Atlassian. Before joining Magnolia, he was
the user experience lead of the open source content application framework,
Neos—a challenge that originated from his many years in the TYPO3 community. Besides his CMS work, he co-founded Cope, the first purely content strategy focused consultancy in Denmark. Continue reading

Steven Haines @ ‘The Three Questions for Product Manager’

Steven HainesSteven Haines has a passion for great products! This passion is evident in the three books he’s written. His energy serves as a catalyst for senior leaders so that they can adopt needed changes that improve organizational effectiveness and ultimately, contribute to the creation of the best products that deliver extraordinary value to customers, and undisputed competitive advantage.

We thank Steven for taking out time and be part of ‘Three Questions’ series for product managers.

Product Mantra: How important is it for a product manager to have experience of project management?

Steven Haines: I have a good-news, bad-news response. The good news is that there’s recognition of a difference between the two. I can’t say how many times people confuse the two practices. The bad news is that, yes, product managers must know how to manage projects and the three main pillars: people, budgets, and schedules! To be precise, all business people should know how work gets done, by whom, and when. They must know who provides work product to others and who receives work product. Also, they must know how those hand-off’s impact the overall schedule of deliverables in order to produce a planned outcome. One of the most important projects that product managers are likely to find themselves in the heart of is a product launch. It’s an incredibly important process; it involves many people, and must result in an on-time launch. If people don’t do what’s required in the launch project plan, then the product will not achieve its objectives for sales, market share, or a positive customer experience.

Product Mantra: How often should a product manager conduct competitive analysis, what’s the frequency and any methods that you can share with us?

Steven Haines: Competitive profiling is a vital practice that should be carried out on an ongoing basis – not as a periodic exercise. For example, I get “alerts” every day on various companies to find out what they’re up to and I store them in my mind, or share information with my team members. I also motivate my cross-functional team members to be alert to goings-on in the market. If a sales person visits a customer and learns about a competitor proposal, that sales person should provide input to the product manager. Another method is for the development or engineering team to be able to reverse engineer competitor products if at all possible. This can provide valuable information on costs, composition, and the user experience. In many firms, a market intelligence department carries out research that can reveal useful insights. All these inputs should be stored on a shared repository so that, across the organization, people can be alerted to any competitive activities. These can be channeled into the strategic planning process, or in other dimensions of the product’s business.

Product Mantra: Tell us more about the philosophy of product manager as business manager?

Steven Haines: It’s not so much a philosophy, but the standard. A product is a business inside a business and a business must be managed. Every business starts with a vision, goals, and a strategy. That strategy is based on various inputs: market insights, business, and financial information. Strategic goals set the stage for what’s to be done – to create a new product, update an existing product, or even expand to another market. Once everyone in the organization is aligned, the product manager, like any good CEO or general manager ensures that everyone does their part to build, test, validate, and launch the product. Finally, performance metrics are monitored to steer the product’s business, keep things running, and to re-strategize as needed.

Thanks Steven.

Steven Haines on web:

  1. Steven Haines blog: http://sequentlearning.com/experts/author/sjhaines
  2. Twitter: @Steven_Haines
  3. Linkedin: https://www.linkedin.com/in/stevenjhaines

@mathurabhay

Three questions for product manager Roger Cauvin

Roger

Product Mantra: What prioritisation technique(s) would you use at a startup where product users are both internal and external?
Roger Cauvin: Product managers should build consensus with every member of the product team (including internal users) for a focused value proposition that keeps internal users and stakeholders aligned with the needs of the target market and with the product’s positioning. This sort of product strategy consensus enables all team members to execute cooperatively and to set aside personal preferences in deference to delivering the promised value. I recommend composing a competitive mindshare map to position (determine the unique value proposition of) the product.

The team should agree to consider every product decision in terms of the extent to which it supports the unique value proposition.

Some practical ways I’ve used to build this product strategy consensus include:

* Walk the team through the competitive landscape and positioning represented in the competitive mindshare map.
* Interview prospects and share and review the interview notes with the team.
* Compose a slide deck of buyer and user personas and review them with the team.
* Compose a lean canvas and review, in particular, the “problem” and “unique value proposition” sections.
* Take every opportunity to relate product decisions, requirements, and design back to the unique value proposition.

Product Mantra: What advice do you have for a product manager in a startup who is expected to do more than just product management?
Roger Cauvin: Depending on the situation, responsibilities outside the strict product management role may represent a personal growth opportunity.

For example, I ran product at a startup that lacked the resources to hire a user experience designer. Consequently, it became my responsibility to design the user experience for an overhauled version of the product. I embraced this responsibility as an opportunity to learn user experience (UX) patterns and practice mocking up user interfaces.

Simultaneously, however, I educated the rest of the executive team on how user experience is not part of the product management skill set, and how a dedicated user experience designer would likely produce a higher quality design in a more timely fashion. They agreed and were prepared to hire a user experience designer once the budget allowed for it. (Unfortunately, our funding ran out, so we were never able to budget for it.)

Another avenue worth pursuing is to identify colleagues interested in carrying out the responsibilities and empowering them to do so. In startups, we all have to be prepared to be fluid in the roles we play to work as a team to deliver the best business outcomes. That burden shouldn’t lie exclusively on product management. At any particular time, for any particular job to be done, the team has to identify the people best suited to take on the responsibilities.

Product Mantra: How would you go about introducing lean startup techniques at a startup?
Roger Cauvin: First, compose a lean canvas for your product(s). No excuses. Just do it. It’s a quick way of being explicit about your product strategy so you can begin testing the hypotheses and iterating on them. I suggest composing it in Google Slides so that it’s accessible from all devices and simultaneously viewable and editable in real-time by all team members.

Second, make sure you are interviewing and observing prospective buyers and users on a fairly regular basis. If you can’t tap into the sales pipeline to identify prospects, think creatively about your own network of friends and professionals who could connect you to prospects that may not be on your company’s radar screen yet.

Third, identify the metrics that matter and start tracking them. You may need to work with marketing and/or sales ops to gain access to the tools you need, such as Google Analytics or Salesforce.

Fourth, instrument the product(s) to track usage. Tools such as MixPanel enable you to track not only events and page views, but also “funnels”, which are sequences of events that comprise a use case. I recommend documenting the key events to track in Google Sheets. For web-based applications, developers can implement events by inserting simple snippets of Javascript.

Finally, you can build consensus for lean startup approaches by educating the team about them and their benefits. Start with an introduction to lean startup and follow up by posting and walking through a model of lean startup concepts.