My views on Product Management and Product Managers - "What do Product Managers manage? Product or Opportunity"
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Wednesday, December 21, 2011
Evolution and Future of Product Management
Monday, December 5, 2011
Product Managers in India
Well, whatever - it was good to learn few things which was evident from what I observed during the talks / Q&A, breaks and discussions;
- Product Managers in India value what they do & are happy about their choice of profession
- West and West coast no more attract them, they plan to build their career in India
- They understand that the PM role has evolved & will continue evolve as Industry matures
- Few but not many see need to have Product Management certification
- Good lot of them were from start-up background, I guess about 30-35% of 130
- They shy away from networking - or even saying Hi.
- People who network most are those who are selling training programs or from start-ups
- They are good leaders with amazing thoughts but do not participate in contest (6 of 130)
- "Future is bright" - most of us are very positive about next 5 years
- Believe that they as community will drive the next phase India Product story
Monday, November 21, 2011
Interviewing a Product Manager
Thursday, November 3, 2011
Ensuring Success: Top 10 Priorities of Product Manager
- Problem to address / solve (why customers need you)
- Habit to nurture (get customer used to you)
- Customers to win (your bread and butter)
- Technology to bank on (your weapon)
- Team to trust (your confidence)
- Regulation that guide (cop that guides you)
- Competition to beat (your source of improvement)
- Positioning to lead (your deadly move)
- ROI for investors (your dharma / religion)
- Feedback to improve (for you - must)
Wednesday, October 19, 2011
Traits that Creates a Success Manager - V
How often do you re-visit the product plan? What's your control system that helps you correct the course that you have decided to take your product on.
As a product champion you are responsible for the result, responsible for effectiveness of the team that works on your course and responsible for ROI that investors expect from you. Being a Product Champion is a tough responsibility and how you manage it demonstrate your maturity. While there is no escape to being up-to-date with customers and partners on requirements, there are four critical areas that a success manager is always up-to-date with.
I suggest you monitor these four corners on continuously to ensure that your control system has right set of inputs required to take a bold decision;
Regulations: keep track of regulatory compliance that governs key design and feature implementation of your product or service.
Technology trends: Keep an eye on emerging trends in technology that my impact (adversely or positively) need of your product / service.
Competition announcements: Your competition is the greatest reason why your company needs you - to stay ahead of competition, that right. Always remember your competition is your bread and butter - focus, focus and focus on your competitors.
Executive vision: Most CEO are entrepreneurs, they have more pair of arms than octopus - more eyes than Ravana and a brain that's larger than that of a white whale. Be up-to-date with their ever evolving thought process.
Wednesday, October 5, 2011
Brainstorming: We did it differently
I am working on designing our next generation service delivery platform that will help us enhance our capability and add dozens of new features on fly. Wow! That sounds interesting, and to begin with I organized a series of brainstorming sessions. In all we had 7 sessions that were conducted over a period of 12 days. Each day, we picked a module (sub-system) and discussed it thoroughly. Our discussion of these modules covered purpose served (with inputs, outputs & interaction with other modules), pain points, existing process, limitations, customer dreams, sales team wishes, delivery team hurdles and management desires.
It was important for us to have quality time in brainstorming sessions and get the best out of people from various responsibilities, and this is how we decided to go;
- We will have brainstorming sessions in first half of the day, preferably start within 30 minutes after reaching office. Advantages – participants are fresh with no backlogs in back of their mind.
- There will be at least one day gap between two sessions to allow participants some time to think and perform better in next session. Also, this helped us in ensuring that brainstorming session don’t get monotonous.
- We ensured that we don’t go for an over-kill. Brainstorming sessions were limited to a max of three hour with first check-point after 90 minutes and then subsequent checks at regular interval of 30-40 minutes – or as when arrived at logical closure on any topic.
- We recorded all session (audio) and also took notes during running session. Idea was to ensure free flow of thoughts without missing out noting any key point. This worked very well as everyone could playback the session for better understanding and feature reference. We recorded session in multiple files ensuring non-crossing 35 minutes mark – this is helping us in tracking back specific discussion.
- Following brainstorming session, in shoe of product manager, my responsibility was to come out with requirement specs specific that module and submit requirement docs for review to other stake holders.
So far this is running great, I will be back here soon with more learning.
Friday, September 16, 2011
Identity of a Product Manager
What's in the title? - yeah, that's not that easy to let go.
My title is my identity in my organization - well said by someone whom I meet 4 years back in mirror, while combing my hair. I was curious to know if my title truly justified that I do, and equally curious was the guy in mirror to answer me, hmm but then what does Product Manager mean, and is this the title that truly justifies my duties?
May be yes, if just look inward and focus on my product as my core karm-bhumi (area of duty) and consider sales, technology, engineering, customers, market, competition & policies as input points to manage my product. But is this what I and many other product managers do worldwide? Hmmm not sure if that’s the right way to go ahead.
The other approach that I could think at that time was something like this. Any product (let’s limit to commercial products for now) that gets developed is aimed to either address a need or create a habit, and the sole role of that product then is to remain focused towards fulfillment of the reason of its existence – and that is to address the need or create a habit. Wow, that sounds interesting. So now, what should be of paramount importance for a product manager? I guess the very reason that cause the birth of the his product (or solution in some cases), a product manager then in true sense is suppose to manage this reason or opportunity (I learned it long way) using product as tool. Product Manager must be faithful to this opportunity and not just to product that helps tackle him the opportunity.
So what’s the call? – as far as title is concern, I give a damnn, but identity!! You can’t ignore it - think over it and maybe you may like to comeback and read this blog once again.