ONE THING on Product (Mona Lisa)

"The Mona Lisa has a huge social media presence. Her picture is everywhere. But she doesn’t tweet. She’s big on social media because she’s an icon, but she’s not an icon because she’s big on social media."
Becoming an icon is a tall order, both in art and product. How does your organization balance product and marketing? Do you believe in product-led growth?

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ONE THING on Train your Stakeholders

Getting buy-in for a new roadmap can be difficult, with numerous stakeholders wanting different things. I have found it helpful to reach decisions without the politics and posturing of large roadmap review meetings. Of course, this is doubly hard if you are introducing a new format of roadmaps, one with strategy and outcomes rather than dates and features.

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ONE THING on Influence

What is the difference between a CPO and a VP of Product Management? A director? Senior PM? Naturally it depends on your organization. But in my experience, the higher you rise, the more you have to influence across the organization (and deal with politics). These soft skills are the most critical success factor for product, but also the hardest to learn.

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ONE THING on Product Strategy Alignment

One of my early product jobs was at a startup with money and the CEO's exciting vision. We also had Shiny Object Syndrome, with a million ideas and tactics for how to bring the vision into practice. That's where a smart product person's strategy comes in: narrowing focus to a few key things we can do well, and getting alignment from all the stakeholders.

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ONE THING on Product Grownup

"Sometimes product managers are asked to be the rational person, the grownup in the room. Others may be super optimistic, like salespeople or the CEO. Product people have to be imaginative, too, but also say, 'wait, let me break this down, we can’t do everything at once.' Product success is that level of imagination combined with an ability to plan your way there and to lead a team."

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ONE THING on Sanity and Multiple Products

For extra fun, some of you are in charge of multiple products in a company's portfolio. In theory, each product should add to profitability and the whole should be greater than the sum of its parts. In practice, companies tend to focus on Product 1, the biggest source of current revenue. Longer-term ideas and projects get kicked further down the road and Product 3 never becomes a reality.

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ONE THING on Team Enlightenment

Outcome Teams are the next stage of team enlightenment. They exist to make a business successful. More and more companies have hired GMs to lead these teams who are really Product leaders on steroids. Engineering, U/X, Sales, and Marketing report to GMs directly to ensure alignment to these outcomes.

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ONE THING on OKRs and Roadmaps

The best roadmaps are not about features and dates, but about value, the benefits to the customer and to your business.

Objectives and Key Results (OKRs) work the same way; the hardest things about both is avoiding the temptation to make them into a glorified “to do” list.

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ONE THING on Roadmap Retrospective

“Products are a journey, not a destination. A product roadmap should, by definition, have built in reflection dates to review what you have done. This helps the company to learn from past experiences, course correct where needed, and plan the next part of the journey. The process keeps you honest, and connected to your vision, your clients and your investors.”

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ONE THING on Unscientific

A few weeks ago, I did an unscientific poll: What is your company doing in response to COVID-19? Layoffs? Furloughs? Expanding? etc. Interesting results below. There is no one answer. Companies seem to be taking action across the board. I am most happy to see that changing the product mix and accelerating future plans were the strongest categories, followed by hiring/expanding and discounts. Companies around the world seem to be past the panic stage and adjusting course in the new climate. Time to revisit and revise your roadmap.

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