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Graham Reed
Product Ops Chronicles Podcast - Episode 6 Can we put a price on Product Ops? Hosts: Graham Reed, Antonia Landi Guest: Lindsey Shea In this episode, Graham, Antonia and special guest Lindsey Shea explore how Product Ops is the backbone of delivering top-notch products, and why it's not just about speed but also about maintaining quality and efficiency throughout the process. Gain insights on the critical elements of product management, tackling challenges head-on, and fostering a culture that thrives on innovation and problem-solving. Discover how prioritising leadership roles and operations can make or break your product development process. 1️⃣ Product ops' value in delivering high-quality products to market faster and more efficiently, 2️⃣ Product management, problem-solving, and cultural elements in a business context, 3️⃣ Understanding leadership roles and operations in product development, 4️⃣ Prioritising product discovery and delegating operational tasks to free up time for value-generating work, 5️⃣ The role of product operations in software development, including challenges and solutions. https://lnkd.in/ec3s52KG
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Shobhit Chugh
In product management careers, ignore these truths at your own peril. Operating at our fullest capacity means confronting these truths and making necessary changes. Here’s what I’ve learned from coaching over a thousand product managers: 1. Resolve to Solve Your Problems: Many product managers are stuck in a cycle of working long hours, feeling unappreciated, and watching peers get promoted. They often aren’t ready to solve their problems. You must decide to make changes, no matter what. 2. Market Your Work: Believing that hard work alone will get you noticed is a fallacy. Your work must be marketed. People don’t get promoted for their achievements; they get promoted for the achievements others recognize. 3. Think Ahead: Your career is like a chess game. Always think several steps ahead. Focus on long-term goals and take on projects that showcase your skills. 4. Sow the Seeds: Don’t give up too quickly. Advocate for solutions and make the necessary effort, even if initial reactions are adverse. Persistence is key. 5. Take Shortcuts: Career shortcuts exist. Invest in learning them from someone experienced. Coaches can accelerate your progress and help you navigate your career path efficiently. 6. Fuel Your Journey: Performance psychology is as crucial as strategy. Even the best plans won’t get you far without the right mindset. 7. Become the Reward: The real reward is the person you become. Your worth should come from your ability to learn and grow, not just from your job title or position. --- Thanks for reading, and if you enjoyed this: 1. Save it 2. Repost it to share with others 3. Comment with your favorite takeaway Then hit follow → @shobhitchugh for more posts on product management.
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1 Comment -
Liat Ben-Zur
The Key to Measuring Product Market Fit: Why Retention Matters More Than Satisfaction I often get asked, “how can I determine if I have Product Market Fit (PMF).” For any new product launch, accurately gauging PMF is critical. A powerful indicator of this fit is customer retention, which often provides deeper insights than mere satisfaction metrics. Understanding and measuring retention offers a clear view of how well your product resonates with your target audience. Retention goes beyond the initial excitement of a new customer. It delves into the ongoing relationship your customers have with your product or service. For instance, consider a mobile gaming app. Here, retention isn’t just about downloads but how often players return to the game. This return rate is a tangible measure of the game’s relevance and appeal to its audience. Moreover, retention can be a telling predictor of long-term business viability. It’s not just about customers using your product, but how they integrate it into their daily or weekly routines. How should you measure retention? Let’s break it down with a simple method: cohort analysis. This technique tracks groups of customers over a period to see if they continue using your product. The goal is to observe a stable or ‘flattening’ retention curve, suggesting that customers find lasting value in what you offer. Imagine you own a coffee shop. To understand how well your shop retains customers, you can use a method called cohort analysis. This method involves grouping customers based on when they first visited your shop and tracking their return visits over time. Read the full article here for examples and how to bring this to life: https://lnkd.in/ggFEbJSZ
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Wayne Coburn
How are marketer leaders thinking about AI? Join Klaviyo's webinar on June 23 at 1 PM EST to hear insights from 600+ marketers at top brands about how they're using AI—and how they expect it to change in the future. Plus, hear from our internal AI experts on how they see these trends playing out. https://bit.ly/3zJbSRv
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Debbie Widjaja
I'm loving this debate between John Cutler and Ed Biden - both are thinkers and leaders I deeply admire. Zero-interest PMs were hired by zero-interest Product Leaders, who were probably hired by zero-interest CEOs. It's turtling all the way up 🐢 Are they all incompetent? Nah, they are just a product of the environment. It would've been foolish to not take advantage of the zero-interest capital. The key question is whether these people - at all levels from the CEO to the PMs - are capable of adapting to the current environment where profit margin and sustainability are key. Everyone needs to 'sober up' after years of being drunk and high with cash. Zero-interest leaders focus on acquisition at all costs. Sober leaders focus on bringing solid value that leads to retention and sustainable growth. Zero-interest leaders double, triple, even quadruple the size of their team. Sober leaders realize that team size != productivity, that spending hours in alignment meetings for a small feature isn't any fun. Running lean is the way forward. Zero-interest leaders build or even acquire aggressively, trying to capture as much market as possible. Sober leaders are thoughtful in choosing just 1 or 2 things to do. Zero-interest leaders care about framework and rules "This is the only correct way to do product." Sober leaders care about results, knowing that those frameworks and rules are merely vehicles to achieve results. Ultimately, sober leaders are accountable for business performance, not just acting like consultants in suits talking big words and making pretty slides. It's not easy to sober up - but it's adapt or die.
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8 Comments -
Melissa Perri
What a pleasure it was to have Aaron Smith, Chief Product Officer at Pattern®, join me in this latest episode of Product Thinking! 💫 Aaron shared so many insightful lessons from his impressive product career, including his time at Amazon, Grubhub, and Nordstrom. Some highlights from our conversation: ► Aaron's learnings from Amazon's customer obsession, data-driven decision making, and flexible, autonomous planning approach. He emphasized the importance of being results-focused rather than overly committed to one plan. ► The cultural adaptation challenges ex-Amazonians face when joining other companies. Aaron stresses the need for humility - it's about finding the best of both cultures, not just trying to replicate Amazon. ► Aaron's "pain-point alchemy" leadership principle - truly understanding customer needs, even when they're not articulated, to uncover innovative solutions. ► Fostering a culture of innovation through consistency and giving employees the chance to share their best ideas, just like Amazon's "operational planning" process. Product leaders can learn so much from Aaron's wealth of experience at some of the world's top customer-centric companies. If you're a product leader looking to level up your skills, you won't want to miss this conversation! 🎙️ How do you plan to implement customer-centric strategies in your product leadership role? I’d love to hear your insights! Listen now: https://lnkd.in/esYQdddE #ProductThinking #ProductLeadership #CustomerCentricity #InnovationInsights
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4 Comments -
Francesca Cortesi
🎙️Tonight is the night! Join Bosky and me for a deep dive into the importance of soft skills in product management. We’ll discuss how EQ can help you grow your career, enhance your products, and build better relationships. See you at 8:30 PM CET at this link 👉🏻 https://lnkd.in/e3RiyHjE
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1 Comment -
Pankesh Betala
Many new people getting into PM roles face difficulty in identifying north star metric of the product. Identifying north star metric can be very simple, if you ask one question to yourself: "What data I will look at to track the financial growth of the product when I do not have direct access to revenue numbers". The metric which helps you track this will generally be the north start metric of the product. North star metric is very closely related to how do you monetize your product.
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Product Ops Chronicles Podcast
The Product Ops Chronicles Podcast - Episode 1: Product Ops: The (not so) new kid on the block Hosts: Graham Reed, Antonia Landi, Chris Compston Recorded: August 2023 Ever wondered if product ops is the fresh-faced superhero of the product world or just a clever rebranding stunt? Join us as we dive into the world of product operations. 🌐 Exploring the product ops universe: Is it a new role or just a rebranded concept? Our hosts dissect this topic, bringing you the inside scoop on what makes product ops tick. 💪 Empowering product teams: Discover the pivotal role of product ops in unleashing the full potential of your product teams. Spoiler alert: it's not just about pushing buttons! 📣 Communicating value: Clear communication is the secret sauce. Learn why articulating the value of product ops is a game-changer for organizations looking to level up their product game. 🤝 Navigating the blurred lines: Get ready for a rollercoaster as we explore the overlapping realms of product operations, product consulting, and product coaching. Unravelling the mysteries, one episode at a time! 🌐 Bridging silos and fostering collaboration: Product ops as the ultimate bridge-builder! Learn how it breaks down silos and fosters collaboration between teams, ensuring everyone's on the same page. ❓ Does the world need product ops?: A million-dollar question! Tune in as our hosts debate the necessity of product ops and whether it's the missing piece in your organizational puzzle. 📈 Tailoring product ops to you: One size doesn't fit all. Explore the varying needs for product ops based on an organization's goals, size, capabilities, and focus. It's like a custom-fit suit for your product strategy! https://lnkd.in/eRnGXupR
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Denise Tilles
🏆 Andre Marquet knows his stuff! What a fun podcast. I had the pleasure of chatting with him about #productstrategy and how #productoperations enables : 1️⃣ A winning product strategy 2️⃣ How you measure the success of a product strategy transformation 3️⃣ Just how do you get Product Operations stood up? ⭐ Building on that theme, join me in Lisbon for my NEW workshop "From 0-1: Standing Up Product Operations (with no new hires)" at the Productized conference Oct 2-4. https://lnkd.in/esiH8hff #productmanagement
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1 Comment -
Shobhit Chugh
A critical mistake many product managers make is getting too wrapped up in the tactical aspects of Agile and feature prioritization. While these are important, neglecting strategic skills like user research and vision development can limit your impact and career growth. Focus on what truly matters to elevate your product and your career.
29
6 Comments -
Chris Bruner
Strategic alignment across product and field is complex and not easy to get right, but it's a pleasure to work alongside Brett Crane, Trevor Jett (Childers), and Jarod Greene. It's wonderful to be in conversation with them, sharing what we have learned, in this webinar: https://lnkd.in/gc-qp7Hk
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Martin Felcman
“If there is no clear owner, then it’s the PM that owns it.” I sat down with Esteban Contreras from #ProductState to discuss Product leadership, or Prioritization process at Productboard. We also dug into the concept of Extreme Ownership, which is a principle I firmly believe in. Read more: https://lnkd.in/eVN47mWn #productmanagement #productexcellence #ownership
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4 Comments -
Palash Somani
🚀 Big Goals, Small Steps: The Secret to Product Success 🏆 Remember, "the journey of a thousand miles begins with a single step" - Lao Tzu. As product managers, we often get caught up in the grand vision. But true progress comes from taking consistent, small actions. 🔍 Think of it like this: Your big goal is the final domino, but it won't fall without that first, crucial push. 🀰 Focus on the first small step. Break down your product vision into actionable tasks. ✅ Celebrate small wins along the way. They fuel motivation and momentum. 🎉 Remember: Rome wasn't built in a day. Your product won't be either. Focus on laying the foundation with those initial steps. What's your first small step towards your big product goal? Share in the comments! 💬 #productmanagement #goalsetting #productdevelopment #smallsteps #biggoals ------------------------------------------------------------------- Enjoying my content? 👍 Like and ♻️ repost if your network will find it useful! 🔔 Every Mon-Fri at 10:30 AM I talk about Product, AI and Growth Mindset. Follow to 10x your growth. 📆🕥🚀
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6 Comments -
Matt Walton
How do you build a mission-led team after you find product-market fit? I had a great conversation with Dr. Christian Sprinkmeyer, Chief Product Officer for tonies®. “First it is about demonstrating product-market fit. But afterwards, it's really important to understand the ambition and the mission. And then it's crucial to build the organisation in a way that perfectly caters to this mission,” he says. Here’s here’s the key points from the case study: 1. You can find product-market fit with third party technology. But to keep innovating, you may need to own the technology. 2. Hire for the ambition, not the status quo. Bring in people to help you build the right culture. 3. The team structure needs to follow the strategy. For Tonies, this was enabling the growth in new markets, then improving the core product, then introducing new product innovations. 4. You need to find a balance between strategy and skills required when organising teams. For Tonies, their platforms nicely aligned with the customer journey. 5. Give teams missions, not feature sets. This enables you focus on user problems and create more customer impact more quickly. 6. Don’t try and introduce a new approach all at once. Use pilot teams to demonstrate the benefits of a new approach and find stepping stones like giving platform teams missions. 7. Use pilot teams as a way of helping the team learn new capabilities and skills. Share the approach to help the wider team learn. If you’re undergoing or thinking about a transformation to ‘a product operating model’, this is a great example to explore. So many great insights. Thanks Christian! You can check out the full article on Substack here: https://lnkd.in/gVjwN9AT #transformation #productoperatingmodel #missionledteams
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3 Comments -
Kira Severin
Yelp unveiled a new AI-powered chatbot designed to streamline consumer-business interactions, joining a trend of organizations adopting AI assistants. Accessible via Yelp's iOS app initially, the chatbot utilizes OpenAI's large language models to engage users in natural language queries, facilitating connections with relevant service providers. Additionally, Yelp introduces a "Projects Ideas" section to prompt users to initiate new tasks, with plans to personalize recommendations in the future. The company also announced enhancements to its restaurant guest management system, aiming to improve staff utilization and customer experience. With these innovations, Yelp aims to leverage AI to enhance user engagement and expand its service offerings despite recent stock fluctuations. https://lnkd.in/gE8epuQE
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