SlideShare una empresa de Scribd logo
1 de 84
Descargar para leer sin conexión
PRODUCT
MANAGEMENT
101
#1 How To Create
Products Customers L♥VE
Jean-Yves SIMON
@jysim0n
http://fr.linkedin.com/in/jysim0n
What I have observed in
many companies
“Everybody’s got a
strategy until they get
hit.”
– Mike Tyson
No
Thanks!
We are
too busy
People too busy to improve
Want
some
help?
People Firefighting
leave that job to professionals
(especially Product Managers)
Based on an idea from Pragmatic Marketi
1.  Intro
2.  Why do companies need ProductManagement?
3.  The Origins of Product Management4.  Product Manager: an unrecognised role5.  Where do they belong in the Organisation?6.  (Re)defining the Role of the Product Manager7.  Methodologies to create great Products
Agenda
It’s Quizz time!
Which of the following is an effective source of Ideas?
A: R&D department
D: Users of the productsC: Customer complaints
B: Competitor’s Products
All of the above!
Which of the following is an effective source of Ideas?
A: R&D department
D: Users of the productsC: Customer complaints
B: Competitor’s Products
Why do companies need
Product Management?
Is this Why Companies Need
Product Management?
Feature, feature, feature…
Well actually, Product
management may be the one
job that the organization
would get along fine without
(at least for a good while),
right?
Without engineers, nothing
would get built.
Without sales people,
nothing is sold.
But in a world without
Product Managers, others
simply fill in the gap and go
on with their lives.
However, when there is a
great product management
function, it usually makes the
difference between winning
and losing.
Let’s see one example
Your task is to
Design me a Pen
Tell me what you would do?
A pen can be
A permanent
marker
A pen for
astronauts to
use in space
A pen for
children to
use in the
bath
A pen for
scuba divers
Everyone of us
would need and design
a very different pen
That’s one case where you
need a Product Manager
Product Management is there to avoid this…
Source: http://www.projectcartoon.com
The Origins of
Product Management
There is no School of Product
Management*.
People actually evolve into
this role.
* Or no school where technology product management is taught in Europe, maybe US...
Back in the Days…
Source: The Origins of Product Management, onproductmanagement.net - 2010
1930 - Procter & Gamble
P&G Neil McElroy creates a role called
“Brand Man” for the Camay Soap product
The origins of Product Management go back to
the 1930s at P&G
1981 – Intuit
Scott Cook, a former P&G “brand man”, applies
“brand management” principles to software
products at Intuit to develop Quicken.
Technology product management was born.
1991 – Harvard Business Review
In his article “Marketing is Everything”, Technology
marketing guru Regis McKenna described the
changes that technology was bringing to the
marketing profession. This “new marketing” described
core aspects of Product Management.
2001 – Manifesto for Agile Software
Development
Changed the way software was being built. Birth of the
Product Owner Role
2011– Lean Startup
Eric Ries combined validated learning methods for
developing businesses and products.
Product Manager:
an Unrecognised Role
Every company has its own
definition for Product
Manager.
Example of a Product Manager
LinkedIn Job Ad, July 2014
56 responsibilities! Among which:
“Coordinate crisis activities in case of escalation.”
“Provide all useful product documentation.”
“Conduct internal and/or customer training as needed.”
“Contribute to RFPs as requested.”
“Support the Delivery organization on key customer
engagements.”
“Write High-level Statement of Requirements and develop
product plans that identify key market requirements.”
“Monitor customer satisfaction.”
Source: https://www.linkedin.com/jobs2/view/17521694
This company is looking for a
“Swiss army knife”,
not a Product Manager.
This position is surely set for failure.
So why should Sales sell,
developers code, and
Product Managers be the
“Jack of all Trades, Master of
none”?
(Re)defining the
Role of the Product
Manager
The Product Manager’s
Mission is to…
Deliver measurable
business results through
product features and
solutions that meet both
market needs and
company goals.
Source: http://onproductmanagement.net/2011/03/21/differentiated-pm-roles/
Key Activities of
Product Managers
Product Manager Key Activities
Business
•  Focuses on maximizing business
value from his product
•  Obsessed with optimizing his
product to achieve the business
goals
•  Cares on maximizing the ROI
User experience
•  Is the voice of the user
inside the business
•  Must be passionate about
the user experience.
•  Has to be out there testing
the product continuously,
talking to users and getting
feedback
Technology
•  Understands the level of
effort involved to make
the right decisions
•  Spends time day to day
with the development
team
Pragmatic Marketing
Framework:
A market-driven
model for managing and
marketing technology
products
Pricing
Buy, Build
or Partner
Product
Portfolio
Business
Case
Buying
Process
Product
Profitability
Buyer
Personas
Market
Definition
Marketing
Plan
User
Personas
Customer
Acquisition
Win/Loss
Analysis
Distinctive
Competence
Market
Problems
Distribution
Strategy
Customer
Retention
Positioning
Program
Effectiveness
Lead
Generation
Use
Scenarios
Innovation
Thought
Leadership
Presentations &
Demos
Product
Roadmap
Channel
Training
Event
Support
Sales Process
Collateral
Sales Tools
Requirements
“Special”
Calls
Status
Dashboard
Channel
Support
Technology
Assessment
Competitive
Landscape
Referrals &
References
Launch
Plan
MARKET BUSINESS PROGRAMSPLANNINGFOCUS SUPPORTREADINESS
Strategic
Tactical
Different activities, different profiles, different
titles
Source: pragmaticmarketing.com
Pragmatic Marketing
Framework:
A market-driven
model for managing and
marketing technology
products
Pricing
Buy, Build
or Partner
Product
Portfolio
Business
Case
Buying
Process
Product
Profitability
Buyer
Personas
Market
Definition
Marketing
Plan
User
Personas
Customer
Acquisition
Win/Loss
Analysis
Distinctive
Competence
Market
Problems
Distribution
Strategy
Customer
Retention
Positioning
Program
Effectiveness
Lead
Generation
Use
Scenarios
Innovation
Thought
Leadership
Presentations &
Demos
Product
Roadmap
Channel
Training
Event
Support
Sales Process
Collateral
Sales Tools
Requirements
“Special”
Calls
Status
Dashboard
Channel
Support
Technology
Assessment
Competitive
Landscape
Referrals &
References
Launch
Plan
MARKET BUSINESS PROGRAMSPLANNINGFOCUS SUPPORTREADINESS
Strategic
Tactical
STRATEGIC ACTIVITIES
Titles: Product Manager, Director Product
Strategy, Product Line Manager
TECHNICAL ACTIVITIES
Titles: Product Owner, Technical Product
Manager, Program Manager, Business Analyst
MARKETING
ACTIVITIES
Product Marketing Manager,
Sales Enablement
Different activities, different profiles, different
titles
Source: pragmaticmarketing.com
Pragmatic Marketing
Framework:
A market-driven
model for managing and
marketing technology
products
Pricing
Buy, Build
or Partner
Product
Portfolio
Business
Case
Buying
Process
Product
Profitability
Buyer
Personas
Market
Definition
Marketing
Plan
User
Personas
Customer
Acquisition
Win/Loss
Analysis
Distinctive
Competence
Market
Problems
Distribution
Strategy
Customer
Retention
Positioning
Program
Effectiveness
Lead
Generation
Use
Scenarios
Innovation
Thought
Leadership
Presentations &
Demos
Product
Roadmap
Channel
Training
Event
Support
Sales Process
Collateral
Sales Tools
Requirements
“Special”
Calls
Status
Dashboard
Channel
Support
Technology
Assessment
Competitive
Landscape
Referrals &
References
Launch
Plan
MARKET BUSINESS PROGRAMSPLANNINGFOCUS SUPPORTREADINESS
Strategic
Tactical
Product Manager Product Marketer
Role split in medium-sized organisations
Source: pragmaticmarketing.com
The pilars of a successful
Product Manager
their productProduct Managers
Product Managers Lead through Influence
Well, maybe not this type of influence
It’s more this type of influence J
Source: http://www.targetprocess.com/
Developer
Programming
Skill
Blood Alcohol Concentration (%)
Product Managers
are the Voice of the
Customer
Product Managers are accountable for Measuring
& Communicating Progress & Success
•  Key Performance Indicators
•  Product adoption & Usage metrics
•  ROI & P&L metrics
•  Feature Team Scorecard
“What gets
measured gets
done”
Why measure?
Data
beats
opinion- Google
“
Product Managers do
Plant Seeds To Infuse
Ideas with their
Stakeholders
“Work with stakeholders until they know the story so well
they are constantly telling and retelling it themselves.”
- Dane Howard, eBay
PMs Create Products
Customers
L♥VE
And Want To ฿u¥!
The B.O.S.S.
Product Manager
•  Runs the product like a
Business
•  Has an Outside-In
approach
•  Engages & communicates
with his Stakeholders
•  Focuses on Strategic
(What) rather than
Tactical/Technical (How)
The B.O.S.S Product Manager
•  Runs the product like a
Business
•  Opportunity Assessment
•  Build, buy or partner?
•  Measures investment ROI
•  Defined & Follows adoption
KPIs
•  Continuous optimization
•  Has an Outside-In
approach
•  Engages & communicates
with his Stakeholders
•  Focuses on Strategic
(What) rather than
The B.O.S.S Product Manager
•  Runs the product like a
Business
•  Has an Outside-In
approach
•  Meets with Customers and
prospects weekly
•  Is the voice of the customer
•  Brings the customer into the
company
•  Engages & communicates
with his Stakeholders
•  Focuses on Strategic
(What) rather than
Tactical/Technical (How)
The B.O.S.S Product Manager
•  Runs the product like a
Business
•  Has an Outside-In
approach
•  Engages & communicates
with his Stakeholders
•  Communicates progress & KPIs
regularly,
•  Include them in discovery
phase
•  Focuses on Strategic
(What) rather than
Tactical/Technical (How)
The B.O.S.S Product Manager
•  Runs the product like a
Business
•  Has an Outside-In
approach
•  Engages & communicates
with his Stakeholders
•  Focuses on Strategic
(What) rather than
Tactical/Technical (How)
•  Systematic discovery process,
•  Competition & Market analysis,
•  Roadmap,
•  Product canvas
The B.O.S.S Product Manager
Where do Product
Managers
belong in
Organisations?
Product Managers Wear
Many Hats
FinanceTechnical
Engineering
MarketingBusiness
And too often…Firefighter
They generally report to the
CTO or the CMO in most
technology companies
Recently, especially in Tech
companies, we’ve seen the
rise of a Product function
reporting directly to the
CEO.
The Chief Product Officer
But whether they report to
Marketing, Customer Success
or R&D, Product Managers
will always be driven by the
department’s objectives.
Methodologies
To Create Great
Products
Working in
Feature or
Pizza Teams
If you can't feed a team
with two pizzas, it's too
large.
- Jeff Bezos, CEO, Amazon
“
Gathering
Developers
+ Product Managers in
Feature Teams
A typical Feature Team
Core
Feature
Team
User
Experience
Product Owner
Product Manager
Scrum Master
Sr Dev Lead
Developers
UI+Back-end
QA
Analyst
IT Ops
Engineer
Can be external shared
A typical Feature Team
Core Feature Team
Core
Feature
Team
User
Experience
Product Owner
Product Manager
Scrum Master
Sr Dev Lead
Developers
UI+Back-end
QA
Analyst
IT Ops
Engineer
Extended Feature Team
Product
Marketing
Software
Architect
Program or
Delivery
Manager
Other Feature
team
members
The Extended feature team is made up of teams who are involved at a given
point in the definition, development or delivery process.
The Agile process was
conceived as a development
methodology.
Get it on
READY to
MARKET
Ideate Get it
PRIORITIZED
Get it
DEFINED
with Customers
Get it DONE
w/ Agile
Get it
TESTED &
VALIDATED
Product
backlog
BUSINESS
GOALS
PRIORITY1
2
3
.
.
.
.
10
TODO
DONE
2
weeks
Scrum Team
Product, UX,
Dev, QA, Ops
Testing Team
Internal test
Pilot Customers
Customer
Discovery Team
Product Manager
User Experience
VALUE
Prototypes
MVP
Interaction designs
visual designs
Sprint backlog
User stories
Opportunity Assessment
Go-to-market Plan
Launch Plan
User Doc,
Marketing
Materials
Product steering
committee
Product managers,
Stakeholders
Marketing
Teams
MarCom/PMM
Test Plans
Pilot dashboard
Product Delivery Chain
All
Iterations
OwnersSupporting
Documents
In Agile, PMs do things a
little differently…
Agile changed Collaboration
Before After
COLLABORATION
REQUIREMENTS
DEVELOPMENT
DEPLOYMENT
Feature Teams use
Sprint to manage
projects. Thee
Product Owner is
the voice of the
customer.
Up-front work to
create a vision that
describes what the
product will roughly
look like and do.
Prototypes is the
new Specification.
Demos and
retrospective bring
continuous
improvement and
accountability with
Developers
Deployment is
effortless enabling
user feedback to be
gathered instantly
Source: Mendix.com
Several roles.
Teams were unable
to collaborate
effectively, resulting
in frustration and
miscommunication
Extensive market
research, product
planning, and
business analysis
are carried out up
front.
Development is a
black box, lots of
uncertainty due to
miscommunication
of the heavy specs
Deployment became
a project in itself,
requiring time and
effort that stifled
project flexibility
Months Days
prototype
?
…but Agile is really just one
part of a Product Manager’s
job.
Agile doesn’t guarantee that
you’re building the right
thing…
To build the right thing,
there are methods
Lean Product Management
http://ueberproduct.de/seminar/kanban-fuer-lean-product-management/
INNOVATION GAMES©
Use Innovation games in Workshops, product councils, steering
committees. Makes it fun and engaging and ensures there is a
deliverable at the end of the session.
INNOVATION GAME©:
•  Buy-a-feature Game:
•  24 cards
(features)
•  Each feature has
a price from 15 to
130 credits
•  Each participant is
given 100 credits
•  Objective
•  Define Minimum
Viable Product
•  Roadmap
prioritization
Lean Startup: Don’t be perfect, but try and
fail fast
Lean Startup: Build > Measure > Learn
The Minimum Viable Product
VIABLEMINIMUM
SWEET
SPOT
Weak products no
one wants to use
Products built by
companies with
more money to
spend
Good products that
solve the problem
and that users can
use
Questions?
FEEDBACK?
@jysimon

Más contenido relacionado

La actualidad más candente

Product management organization structure patterns v1.02
Product management organization structure patterns v1.02Product management organization structure patterns v1.02
Product management organization structure patterns v1.02
Johan Oskarsson
 

La actualidad más candente (20)

Product Strategy and Product Success
Product Strategy and Product SuccessProduct Strategy and Product Success
Product Strategy and Product Success
 
Agile Product Manager/Product Owner Dilemma (PMEC)
Agile Product Manager/Product Owner Dilemma (PMEC)Agile Product Manager/Product Owner Dilemma (PMEC)
Agile Product Manager/Product Owner Dilemma (PMEC)
 
Product management organization structure patterns v1.02
Product management organization structure patterns v1.02Product management organization structure patterns v1.02
Product management organization structure patterns v1.02
 
Product Discovery At Google
Product Discovery At GoogleProduct Discovery At Google
Product Discovery At Google
 
The Art of Product Management
The Art of Product ManagementThe Art of Product Management
The Art of Product Management
 
What is good product management
What is good product managementWhat is good product management
What is good product management
 
Lean Product Discovery
Lean Product DiscoveryLean Product Discovery
Lean Product Discovery
 
Strategic Role - Product Management
Strategic Role - Product ManagementStrategic Role - Product Management
Strategic Role - Product Management
 
Strategic role product management
Strategic role product managementStrategic role product management
Strategic role product management
 
Product Manager 101: What Does A Product Manager Actually Do?
Product Manager 101: What Does A Product Manager Actually Do?Product Manager 101: What Does A Product Manager Actually Do?
Product Manager 101: What Does A Product Manager Actually Do?
 
Become a Great Product Manager
Become a Great Product ManagerBecome a Great Product Manager
Become a Great Product Manager
 
Product Roadmap
Product RoadmapProduct Roadmap
Product Roadmap
 
Product Owner and Strategy
Product Owner and StrategyProduct Owner and Strategy
Product Owner and Strategy
 
Product roadmap-guide-by-product plan
Product roadmap-guide-by-product planProduct roadmap-guide-by-product plan
Product roadmap-guide-by-product plan
 
What is Product Management?
What is Product Management?What is Product Management?
What is Product Management?
 
Product roadmap strategy
Product roadmap strategyProduct roadmap strategy
Product roadmap strategy
 
Product roadmap-guide-by-product plan
Product roadmap-guide-by-product planProduct roadmap-guide-by-product plan
Product roadmap-guide-by-product plan
 
The Types of Product Management Roles by PayPal Sr Product Manager
The Types of Product Management Roles by PayPal Sr Product ManagerThe Types of Product Management Roles by PayPal Sr Product Manager
The Types of Product Management Roles by PayPal Sr Product Manager
 
Agile2009 Product Manager - Product Owner Dilemma
Agile2009 Product Manager - Product Owner DilemmaAgile2009 Product Manager - Product Owner Dilemma
Agile2009 Product Manager - Product Owner Dilemma
 
Product Management 101
Product Management 101Product Management 101
Product Management 101
 

Destacado

Project Management: New Product Development for Amazon Ceramic Industries
Project Management: New Product Development for Amazon Ceramic IndustriesProject Management: New Product Development for Amazon Ceramic Industries
Project Management: New Product Development for Amazon Ceramic Industries
Yee Jie NG
 
The Pragmatic Marketer: Volume 7, Issue5
The Pragmatic Marketer: Volume 7, Issue5The Pragmatic Marketer: Volume 7, Issue5
The Pragmatic Marketer: Volume 7, Issue5
Pragmatic Marketing
 
Release of The Guide to the Product Management and Marketing Body of Knowledg...
Release of The Guide to the Product Management and Marketing Body of Knowledg...Release of The Guide to the Product Management and Marketing Body of Knowledg...
Release of The Guide to the Product Management and Marketing Body of Knowledg...
AIPMM Administration
 

Destacado (20)

Product Management Roles - Briefly Explained
Product Management Roles - Briefly ExplainedProduct Management Roles - Briefly Explained
Product Management Roles - Briefly Explained
 
What is Product Management?
What is Product Management?What is Product Management?
What is Product Management?
 
Product management - Product Development Lifecycle
Product management  - Product Development LifecycleProduct management  - Product Development Lifecycle
Product management - Product Development Lifecycle
 
5 ways to increase blog traffic word camp chicago
5 ways to increase blog traffic word camp chicago5 ways to increase blog traffic word camp chicago
5 ways to increase blog traffic word camp chicago
 
Cisco Powered: Your Trusted Source for Cloud and Managed Services
Cisco Powered: Your Trusted Source for Cloud and Managed ServicesCisco Powered: Your Trusted Source for Cloud and Managed Services
Cisco Powered: Your Trusted Source for Cloud and Managed Services
 
State of Product Management & Your Career 2015 - ProductCamp
State of Product Management & Your Career 2015 -   ProductCampState of Product Management & Your Career 2015 -   ProductCamp
State of Product Management & Your Career 2015 - ProductCamp
 
Product management throughout the product life cycle
Product management throughout the product life cycleProduct management throughout the product life cycle
Product management throughout the product life cycle
 
Project Management: New Product Development for Amazon Ceramic Industries
Project Management: New Product Development for Amazon Ceramic IndustriesProject Management: New Product Development for Amazon Ceramic Industries
Project Management: New Product Development for Amazon Ceramic Industries
 
The Pragmatic Marketer: Volume 7, Issue5
The Pragmatic Marketer: Volume 7, Issue5The Pragmatic Marketer: Volume 7, Issue5
The Pragmatic Marketer: Volume 7, Issue5
 
Product Development Phases
Product Development PhasesProduct Development Phases
Product Development Phases
 
Strategic Role Product Management
Strategic Role Product ManagementStrategic Role Product Management
Strategic Role Product Management
 
Release of The Guide to the Product Management and Marketing Body of Knowledg...
Release of The Guide to the Product Management and Marketing Body of Knowledg...Release of The Guide to the Product Management and Marketing Body of Knowledg...
Release of The Guide to the Product Management and Marketing Body of Knowledg...
 
Product Management Framework
Product Management FrameworkProduct Management Framework
Product Management Framework
 
Product manager's handbook
Product manager's handbookProduct manager's handbook
Product manager's handbook
 
Cisco's Business Model Canvas: How Cisco Creates, Delivers, and Captures Valu...
Cisco's Business Model Canvas: How Cisco Creates, Delivers, and Captures Valu...Cisco's Business Model Canvas: How Cisco Creates, Delivers, and Captures Valu...
Cisco's Business Model Canvas: How Cisco Creates, Delivers, and Captures Valu...
 
Product Management 90 Day Plan
Product Management 90 Day PlanProduct Management 90 Day Plan
Product Management 90 Day Plan
 
Wykorzystanie grywalizacji w projektowaniu UX. Product Camp 2015
Wykorzystanie grywalizacji w projektowaniu UX. Product Camp 2015Wykorzystanie grywalizacji w projektowaniu UX. Product Camp 2015
Wykorzystanie grywalizacji w projektowaniu UX. Product Camp 2015
 
Product Management - Zarządzanie produktem internetowym
Product Management - Zarządzanie produktem internetowymProduct Management - Zarządzanie produktem internetowym
Product Management - Zarządzanie produktem internetowym
 
Cs 01 Dua Using Cultural Change To Introduce E V P M
Cs 01 Dua   Using Cultural Change To Introduce E V P MCs 01 Dua   Using Cultural Change To Introduce E V P M
Cs 01 Dua Using Cultural Change To Introduce E V P M
 
Mobile UX: What to look for in 2014
Mobile UX: What to look for in 2014Mobile UX: What to look for in 2014
Mobile UX: What to look for in 2014
 

Similar a Product Management 101: #1 How To Create Products Customer Love.

Agile Product Management with Scrum
Agile Product Management with ScrumAgile Product Management with Scrum
Agile Product Management with Scrum
Pinkesh Shah
 

Similar a Product Management 101: #1 How To Create Products Customer Love. (20)

10 Must-Do's for Product Managers by fmr PayPal PM
10 Must-Do's for Product Managers by fmr PayPal PM10 Must-Do's for Product Managers by fmr PayPal PM
10 Must-Do's for Product Managers by fmr PayPal PM
 
Indian Product Manager with global stakeholders, how to make that work? by Go...
Indian Product Manager with global stakeholders, how to make that work? by Go...Indian Product Manager with global stakeholders, how to make that work? by Go...
Indian Product Manager with global stakeholders, how to make that work? by Go...
 
Product management review.pdf
Product management review.pdfProduct management review.pdf
Product management review.pdf
 
The Butterfly Principle for Product Management by GameBench CEO
The Butterfly Principle for Product Management by GameBench CEOThe Butterfly Principle for Product Management by GameBench CEO
The Butterfly Principle for Product Management by GameBench CEO
 
How to Become a Versatile Product Manager by Google's PM
How to Become a Versatile Product Manager by Google's PMHow to Become a Versatile Product Manager by Google's PM
How to Become a Versatile Product Manager by Google's PM
 
Building and Scaling a Product Team
 Building and Scaling a Product Team Building and Scaling a Product Team
Building and Scaling a Product Team
 
How to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorHow to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product Advisor
 
World Product Day 2019 / Product Tank HCMC #9: How to advocate product manage...
World Product Day 2019 / Product Tank HCMC #9: How to advocate product manage...World Product Day 2019 / Product Tank HCMC #9: How to advocate product manage...
World Product Day 2019 / Product Tank HCMC #9: How to advocate product manage...
 
PM defination and details.pdf
PM defination and details.pdfPM defination and details.pdf
PM defination and details.pdf
 
Digital Product Management Overview - Dubai Digital & Tech at Astrolabs
Digital Product Management Overview - Dubai Digital & Tech at AstrolabsDigital Product Management Overview - Dubai Digital & Tech at Astrolabs
Digital Product Management Overview - Dubai Digital & Tech at Astrolabs
 
Product Ownership @ RD Summit 2015
Product Ownership @ RD Summit 2015Product Ownership @ RD Summit 2015
Product Ownership @ RD Summit 2015
 
How to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorHow to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product Advisor
 
Product vs Program/Project Management
Product vs Program/Project ManagementProduct vs Program/Project Management
Product vs Program/Project Management
 
How to be a Digital Products Ninja by ServiceNow Sr. PM
How to be a Digital Products Ninja by ServiceNow Sr. PMHow to be a Digital Products Ninja by ServiceNow Sr. PM
How to be a Digital Products Ninja by ServiceNow Sr. PM
 
EL-SIG: How Engineering Works with ProdMgmt
EL-SIG: How Engineering Works with ProdMgmt EL-SIG: How Engineering Works with ProdMgmt
EL-SIG: How Engineering Works with ProdMgmt
 
How to leverage your work with a Product Mindset - Mark Opanasiuk.pdf
How to leverage your work with a Product Mindset - Mark Opanasiuk.pdfHow to leverage your work with a Product Mindset - Mark Opanasiuk.pdf
How to leverage your work with a Product Mindset - Mark Opanasiuk.pdf
 
User Experience and Product Management: Two Peas in the Same Pod?
User Experience and Product Management: Two Peas in the Same Pod?User Experience and Product Management: Two Peas in the Same Pod?
User Experience and Product Management: Two Peas in the Same Pod?
 
Agile Product Management with Scrum
Agile Product Management with ScrumAgile Product Management with Scrum
Agile Product Management with Scrum
 
Product manager
Product managerProduct manager
Product manager
 
M/FAANG PM Interview Guide
M/FAANG PM Interview GuideM/FAANG PM Interview Guide
M/FAANG PM Interview Guide
 

Último

%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
masabamasaba
 
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM TechniquesAI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
VictorSzoltysek
 
The title is not connected to what is inside
The title is not connected to what is insideThe title is not connected to what is inside
The title is not connected to what is inside
shinachiaurasa2
 
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICECHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...
%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...
%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...
masabamasaba
 

Último (20)

%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
 
Architecture decision records - How not to get lost in the past
Architecture decision records - How not to get lost in the pastArchitecture decision records - How not to get lost in the past
Architecture decision records - How not to get lost in the past
 
Direct Style Effect Systems - The Print[A] Example - A Comprehension Aid
Direct Style Effect Systems -The Print[A] Example- A Comprehension AidDirect Style Effect Systems -The Print[A] Example- A Comprehension Aid
Direct Style Effect Systems - The Print[A] Example - A Comprehension Aid
 
Generic or specific? Making sensible software design decisions
Generic or specific? Making sensible software design decisionsGeneric or specific? Making sensible software design decisions
Generic or specific? Making sensible software design decisions
 
10 Trends Likely to Shape Enterprise Technology in 2024
10 Trends Likely to Shape Enterprise Technology in 202410 Trends Likely to Shape Enterprise Technology in 2024
10 Trends Likely to Shape Enterprise Technology in 2024
 
Introducing Microsoft’s new Enterprise Work Management (EWM) Solution
Introducing Microsoft’s new Enterprise Work Management (EWM) SolutionIntroducing Microsoft’s new Enterprise Work Management (EWM) Solution
Introducing Microsoft’s new Enterprise Work Management (EWM) Solution
 
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM TechniquesAI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
AI Mastery 201: Elevating Your Workflow with Advanced LLM Techniques
 
The title is not connected to what is inside
The title is not connected to what is insideThe title is not connected to what is inside
The title is not connected to what is inside
 
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICECHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )🔝 9953056974🔝(=)/CALL GIRLS SERVICE
 
OpenChain - The Ramifications of ISO/IEC 5230 and ISO/IEC 18974 for Legal Pro...
OpenChain - The Ramifications of ISO/IEC 5230 and ISO/IEC 18974 for Legal Pro...OpenChain - The Ramifications of ISO/IEC 5230 and ISO/IEC 18974 for Legal Pro...
OpenChain - The Ramifications of ISO/IEC 5230 and ISO/IEC 18974 for Legal Pro...
 
%in Harare+277-882-255-28 abortion pills for sale in Harare
%in Harare+277-882-255-28 abortion pills for sale in Harare%in Harare+277-882-255-28 abortion pills for sale in Harare
%in Harare+277-882-255-28 abortion pills for sale in Harare
 
Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...
Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...
Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...
 
Chinsurah Escorts ☎️8617697112 Starting From 5K to 15K High Profile Escorts ...
Chinsurah Escorts ☎️8617697112  Starting From 5K to 15K High Profile Escorts ...Chinsurah Escorts ☎️8617697112  Starting From 5K to 15K High Profile Escorts ...
Chinsurah Escorts ☎️8617697112 Starting From 5K to 15K High Profile Escorts ...
 
%in Stilfontein+277-882-255-28 abortion pills for sale in Stilfontein
%in Stilfontein+277-882-255-28 abortion pills for sale in Stilfontein%in Stilfontein+277-882-255-28 abortion pills for sale in Stilfontein
%in Stilfontein+277-882-255-28 abortion pills for sale in Stilfontein
 
%in Lydenburg+277-882-255-28 abortion pills for sale in Lydenburg
%in Lydenburg+277-882-255-28 abortion pills for sale in Lydenburg%in Lydenburg+277-882-255-28 abortion pills for sale in Lydenburg
%in Lydenburg+277-882-255-28 abortion pills for sale in Lydenburg
 
Payment Gateway Testing Simplified_ A Step-by-Step Guide for Beginners.pdf
Payment Gateway Testing Simplified_ A Step-by-Step Guide for Beginners.pdfPayment Gateway Testing Simplified_ A Step-by-Step Guide for Beginners.pdf
Payment Gateway Testing Simplified_ A Step-by-Step Guide for Beginners.pdf
 
Unlocking the Future of AI Agents with Large Language Models
Unlocking the Future of AI Agents with Large Language ModelsUnlocking the Future of AI Agents with Large Language Models
Unlocking the Future of AI Agents with Large Language Models
 
%in Hazyview+277-882-255-28 abortion pills for sale in Hazyview
%in Hazyview+277-882-255-28 abortion pills for sale in Hazyview%in Hazyview+277-882-255-28 abortion pills for sale in Hazyview
%in Hazyview+277-882-255-28 abortion pills for sale in Hazyview
 
%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...
%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...
%+27788225528 love spells in Atlanta Psychic Readings, Attraction spells,Brin...
 
%in Durban+277-882-255-28 abortion pills for sale in Durban
%in Durban+277-882-255-28 abortion pills for sale in Durban%in Durban+277-882-255-28 abortion pills for sale in Durban
%in Durban+277-882-255-28 abortion pills for sale in Durban
 

Product Management 101: #1 How To Create Products Customer Love.

  • 1. PRODUCT MANAGEMENT 101 #1 How To Create Products Customers L♥VE Jean-Yves SIMON @jysim0n http://fr.linkedin.com/in/jysim0n
  • 2. What I have observed in many companies
  • 3. “Everybody’s got a strategy until they get hit.” – Mike Tyson
  • 4. No Thanks! We are too busy People too busy to improve Want some help?
  • 5. People Firefighting leave that job to professionals (especially Product Managers) Based on an idea from Pragmatic Marketi
  • 6. 1.  Intro 2.  Why do companies need ProductManagement? 3.  The Origins of Product Management4.  Product Manager: an unrecognised role5.  Where do they belong in the Organisation?6.  (Re)defining the Role of the Product Manager7.  Methodologies to create great Products Agenda
  • 8. Which of the following is an effective source of Ideas? A: R&D department D: Users of the productsC: Customer complaints B: Competitor’s Products
  • 9. All of the above! Which of the following is an effective source of Ideas? A: R&D department D: Users of the productsC: Customer complaints B: Competitor’s Products
  • 10. Why do companies need Product Management?
  • 11. Is this Why Companies Need Product Management?
  • 13. Well actually, Product management may be the one job that the organization would get along fine without (at least for a good while), right?
  • 16. But in a world without Product Managers, others simply fill in the gap and go on with their lives.
  • 17. However, when there is a great product management function, it usually makes the difference between winning and losing.
  • 18. Let’s see one example
  • 19. Your task is to Design me a Pen Tell me what you would do?
  • 20. A pen can be A permanent marker A pen for astronauts to use in space A pen for children to use in the bath A pen for scuba divers
  • 21. Everyone of us would need and design a very different pen
  • 22. That’s one case where you need a Product Manager
  • 23. Product Management is there to avoid this… Source: http://www.projectcartoon.com
  • 25. There is no School of Product Management*. People actually evolve into this role. * Or no school where technology product management is taught in Europe, maybe US...
  • 26. Back in the Days…
  • 27. Source: The Origins of Product Management, onproductmanagement.net - 2010 1930 - Procter & Gamble P&G Neil McElroy creates a role called “Brand Man” for the Camay Soap product The origins of Product Management go back to the 1930s at P&G 1981 – Intuit Scott Cook, a former P&G “brand man”, applies “brand management” principles to software products at Intuit to develop Quicken. Technology product management was born. 1991 – Harvard Business Review In his article “Marketing is Everything”, Technology marketing guru Regis McKenna described the changes that technology was bringing to the marketing profession. This “new marketing” described core aspects of Product Management. 2001 – Manifesto for Agile Software Development Changed the way software was being built. Birth of the Product Owner Role 2011– Lean Startup Eric Ries combined validated learning methods for developing businesses and products.
  • 29. Every company has its own definition for Product Manager.
  • 30. Example of a Product Manager LinkedIn Job Ad, July 2014 56 responsibilities! Among which: “Coordinate crisis activities in case of escalation.” “Provide all useful product documentation.” “Conduct internal and/or customer training as needed.” “Contribute to RFPs as requested.” “Support the Delivery organization on key customer engagements.” “Write High-level Statement of Requirements and develop product plans that identify key market requirements.” “Monitor customer satisfaction.” Source: https://www.linkedin.com/jobs2/view/17521694
  • 31. This company is looking for a “Swiss army knife”, not a Product Manager. This position is surely set for failure.
  • 32. So why should Sales sell, developers code, and Product Managers be the “Jack of all Trades, Master of none”?
  • 33. (Re)defining the Role of the Product Manager
  • 35. Deliver measurable business results through product features and solutions that meet both market needs and company goals. Source: http://onproductmanagement.net/2011/03/21/differentiated-pm-roles/
  • 37. Product Manager Key Activities Business •  Focuses on maximizing business value from his product •  Obsessed with optimizing his product to achieve the business goals •  Cares on maximizing the ROI User experience •  Is the voice of the user inside the business •  Must be passionate about the user experience. •  Has to be out there testing the product continuously, talking to users and getting feedback Technology •  Understands the level of effort involved to make the right decisions •  Spends time day to day with the development team
  • 38. Pragmatic Marketing Framework: A market-driven model for managing and marketing technology products Pricing Buy, Build or Partner Product Portfolio Business Case Buying Process Product Profitability Buyer Personas Market Definition Marketing Plan User Personas Customer Acquisition Win/Loss Analysis Distinctive Competence Market Problems Distribution Strategy Customer Retention Positioning Program Effectiveness Lead Generation Use Scenarios Innovation Thought Leadership Presentations & Demos Product Roadmap Channel Training Event Support Sales Process Collateral Sales Tools Requirements “Special” Calls Status Dashboard Channel Support Technology Assessment Competitive Landscape Referrals & References Launch Plan MARKET BUSINESS PROGRAMSPLANNINGFOCUS SUPPORTREADINESS Strategic Tactical Different activities, different profiles, different titles Source: pragmaticmarketing.com
  • 39. Pragmatic Marketing Framework: A market-driven model for managing and marketing technology products Pricing Buy, Build or Partner Product Portfolio Business Case Buying Process Product Profitability Buyer Personas Market Definition Marketing Plan User Personas Customer Acquisition Win/Loss Analysis Distinctive Competence Market Problems Distribution Strategy Customer Retention Positioning Program Effectiveness Lead Generation Use Scenarios Innovation Thought Leadership Presentations & Demos Product Roadmap Channel Training Event Support Sales Process Collateral Sales Tools Requirements “Special” Calls Status Dashboard Channel Support Technology Assessment Competitive Landscape Referrals & References Launch Plan MARKET BUSINESS PROGRAMSPLANNINGFOCUS SUPPORTREADINESS Strategic Tactical STRATEGIC ACTIVITIES Titles: Product Manager, Director Product Strategy, Product Line Manager TECHNICAL ACTIVITIES Titles: Product Owner, Technical Product Manager, Program Manager, Business Analyst MARKETING ACTIVITIES Product Marketing Manager, Sales Enablement Different activities, different profiles, different titles Source: pragmaticmarketing.com
  • 40. Pragmatic Marketing Framework: A market-driven model for managing and marketing technology products Pricing Buy, Build or Partner Product Portfolio Business Case Buying Process Product Profitability Buyer Personas Market Definition Marketing Plan User Personas Customer Acquisition Win/Loss Analysis Distinctive Competence Market Problems Distribution Strategy Customer Retention Positioning Program Effectiveness Lead Generation Use Scenarios Innovation Thought Leadership Presentations & Demos Product Roadmap Channel Training Event Support Sales Process Collateral Sales Tools Requirements “Special” Calls Status Dashboard Channel Support Technology Assessment Competitive Landscape Referrals & References Launch Plan MARKET BUSINESS PROGRAMSPLANNINGFOCUS SUPPORTREADINESS Strategic Tactical Product Manager Product Marketer Role split in medium-sized organisations Source: pragmaticmarketing.com
  • 41. The pilars of a successful Product Manager
  • 43. Product Managers Lead through Influence Well, maybe not this type of influence
  • 44. It’s more this type of influence J Source: http://www.targetprocess.com/ Developer Programming Skill Blood Alcohol Concentration (%)
  • 45. Product Managers are the Voice of the Customer
  • 46. Product Managers are accountable for Measuring & Communicating Progress & Success •  Key Performance Indicators •  Product adoption & Usage metrics •  ROI & P&L metrics •  Feature Team Scorecard “What gets measured gets done”
  • 49. Product Managers do Plant Seeds To Infuse Ideas with their Stakeholders “Work with stakeholders until they know the story so well they are constantly telling and retelling it themselves.” - Dane Howard, eBay
  • 51. And Want To ฿u¥!
  • 53. •  Runs the product like a Business •  Has an Outside-In approach •  Engages & communicates with his Stakeholders •  Focuses on Strategic (What) rather than Tactical/Technical (How) The B.O.S.S Product Manager
  • 54. •  Runs the product like a Business •  Opportunity Assessment •  Build, buy or partner? •  Measures investment ROI •  Defined & Follows adoption KPIs •  Continuous optimization •  Has an Outside-In approach •  Engages & communicates with his Stakeholders •  Focuses on Strategic (What) rather than The B.O.S.S Product Manager
  • 55. •  Runs the product like a Business •  Has an Outside-In approach •  Meets with Customers and prospects weekly •  Is the voice of the customer •  Brings the customer into the company •  Engages & communicates with his Stakeholders •  Focuses on Strategic (What) rather than Tactical/Technical (How) The B.O.S.S Product Manager
  • 56. •  Runs the product like a Business •  Has an Outside-In approach •  Engages & communicates with his Stakeholders •  Communicates progress & KPIs regularly, •  Include them in discovery phase •  Focuses on Strategic (What) rather than Tactical/Technical (How) The B.O.S.S Product Manager
  • 57. •  Runs the product like a Business •  Has an Outside-In approach •  Engages & communicates with his Stakeholders •  Focuses on Strategic (What) rather than Tactical/Technical (How) •  Systematic discovery process, •  Competition & Market analysis, •  Roadmap, •  Product canvas The B.O.S.S Product Manager
  • 58. Where do Product Managers belong in Organisations?
  • 59. Product Managers Wear Many Hats FinanceTechnical Engineering MarketingBusiness And too often…Firefighter
  • 60. They generally report to the CTO or the CMO in most technology companies
  • 61. Recently, especially in Tech companies, we’ve seen the rise of a Product function reporting directly to the CEO.
  • 62. The Chief Product Officer
  • 63. But whether they report to Marketing, Customer Success or R&D, Product Managers will always be driven by the department’s objectives.
  • 65. Working in Feature or Pizza Teams If you can't feed a team with two pizzas, it's too large. - Jeff Bezos, CEO, Amazon “
  • 67. A typical Feature Team Core Feature Team User Experience Product Owner Product Manager Scrum Master Sr Dev Lead Developers UI+Back-end QA Analyst IT Ops Engineer Can be external shared
  • 68. A typical Feature Team Core Feature Team Core Feature Team User Experience Product Owner Product Manager Scrum Master Sr Dev Lead Developers UI+Back-end QA Analyst IT Ops Engineer Extended Feature Team Product Marketing Software Architect Program or Delivery Manager Other Feature team members The Extended feature team is made up of teams who are involved at a given point in the definition, development or delivery process.
  • 69. The Agile process was conceived as a development methodology.
  • 70. Get it on READY to MARKET Ideate Get it PRIORITIZED Get it DEFINED with Customers Get it DONE w/ Agile Get it TESTED & VALIDATED Product backlog BUSINESS GOALS PRIORITY1 2 3 . . . . 10 TODO DONE 2 weeks Scrum Team Product, UX, Dev, QA, Ops Testing Team Internal test Pilot Customers Customer Discovery Team Product Manager User Experience VALUE Prototypes MVP Interaction designs visual designs Sprint backlog User stories Opportunity Assessment Go-to-market Plan Launch Plan User Doc, Marketing Materials Product steering committee Product managers, Stakeholders Marketing Teams MarCom/PMM Test Plans Pilot dashboard Product Delivery Chain All Iterations OwnersSupporting Documents
  • 71. In Agile, PMs do things a little differently…
  • 72. Agile changed Collaboration Before After COLLABORATION REQUIREMENTS DEVELOPMENT DEPLOYMENT Feature Teams use Sprint to manage projects. Thee Product Owner is the voice of the customer. Up-front work to create a vision that describes what the product will roughly look like and do. Prototypes is the new Specification. Demos and retrospective bring continuous improvement and accountability with Developers Deployment is effortless enabling user feedback to be gathered instantly Source: Mendix.com Several roles. Teams were unable to collaborate effectively, resulting in frustration and miscommunication Extensive market research, product planning, and business analysis are carried out up front. Development is a black box, lots of uncertainty due to miscommunication of the heavy specs Deployment became a project in itself, requiring time and effort that stifled project flexibility Months Days prototype ?
  • 73. …but Agile is really just one part of a Product Manager’s job.
  • 74. Agile doesn’t guarantee that you’re building the right thing…
  • 75. To build the right thing, there are methods
  • 77. INNOVATION GAMES© Use Innovation games in Workshops, product councils, steering committees. Makes it fun and engaging and ensures there is a deliverable at the end of the session.
  • 78. INNOVATION GAME©: •  Buy-a-feature Game: •  24 cards (features) •  Each feature has a price from 15 to 130 credits •  Each participant is given 100 credits •  Objective •  Define Minimum Viable Product •  Roadmap prioritization
  • 79. Lean Startup: Don’t be perfect, but try and fail fast
  • 80. Lean Startup: Build > Measure > Learn
  • 81. The Minimum Viable Product VIABLEMINIMUM SWEET SPOT Weak products no one wants to use Products built by companies with more money to spend Good products that solve the problem and that users can use
  • 83.