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This post shares 10 predictions for product in 2024. Topics range from product roles to trajectories of team processes, to how generative AI will influence PM. It calls out hopes, worries, and uncertainties heading into 2024.
In the rush to secure enterprise deals, there can be a tendency to underestimate the long-term costs of accommodating one-off customer requests and specialized features. Despite the significant short-term gains for the sales team, the often overlooked ongoing expenses for product, engineering, and support can accumulate, leading to productivity issues and a potential impact on overall R&D efficiency.
Reflecting on the closing year is an essential exercise, encompassing both quantitative metrics and intangible accomplishments. Evaluating the efficacy of projects, revamping meetings for productivity, aligning priorities, seeking impactful feedback, recognizing shifts in your role, and contemplating readiness for a career move are key aspects to consider in setting oneself up for success in the coming year.
Understanding who and what your real competition is can be critical in defining a product strategy. Direct competition, alternative products, in-house development, manual solutions, on-paper competitors, and doing nothing are all forms of competition that should be taken into consideration when building a winning product strategy.
This article addresses dependency challenges in faster-growing companies, where scaling intensifies issues. As organizations expand, the widening gap between those doing the work and goal setters leads to increased cognitive load, conflicting priorities, and challenges in decision-making, affecting speed, trust, and information flow. The core problem is managing dependencies in fast-paced, growing environments without succumbing to premature convergence and trust issues.
Everett Rogers' "Diffusion of Innovations" highlights five key factors for successful tech innovation adoption: relative advantage, complexity, compatibility, trialability, and observability. Addressing these factors is crucial for bridging the gap between early adopters and the broader market.
This resource covers a variety of GPTs with a range of purposes, from daily PM tasks to interview preparation, to enhancing technical/design skills.
This article explores the product manager's role in creating valuable, usable, viable, and feasible products. It emphasizes the significance of engaging with reference customers for product-market fit and addresses the often negative perception of product management due to premature promotions and inadequate leadership exposure.
Product leaders should focus on how a potential acquisition will enhance their product line, as seen in TripAdvisor's strategy of acquiring startups for different phases of its growth. It's essential to be aware of the risks and challenges, including overpaying and integration issues, and to adopt a "pull" rather than "push" approach, allowing the acquired company's leadership to make key integration decisions.
This post highlights 7 biases that PMs can fall prey to: tailwinds fallacy, comparative overestimation bias, the curse of knowledge, uniformity bias, static needs fallacy, attribution bias, and alignment fallacy.
This thread shares a compilation of the 8 most upvoted life advice posts from product folks on Reddit's r/ProductManagement.
“Vision”, “strategy”, and “product initiatives” are all terms that can often get mixed up. This post clearly defines the different product strategy layers and the time horizon each layer typically focuses on.
It is like being the captain of a ship.