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Product Management News
www.milkkarten.net
3h
255
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The Case for Posting Less
- The author denies using AI to write their newsletter, despite claims that excessive use of em dashes in writing can indicate AI involvement.
- The author believes spending time on deep thinking and creative work is valuable, even if it leads to less efficiency and non-standard sentence structure.
- A study raises concerns that increased reliance on generative AI may result in reduced critical thinking and cognitive deterioration.
- The newsletter covers topics such as the case for posting less, new post formats to try, a marketing lawyer's perspective on an American Eagle sponsored post, and the impact of repackaging low-performing content.
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15 Likes
Medium
3h
148
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Art of the Deal — A Reflection Upon Closing My First M&A Transaction
- The author reflects on closing their first M&A deal, the acquisition of Trelica, as a natural extension of their work in partnerships and product launches.
- The team at 1Password utilizes a build, buy, and partner framework for category expansion, leveraging partner integrations for validation and market awareness.
- The author emphasizes the importance of continuous external research and pattern matching in the discovery stage of M&A transactions.
- Opportunities may not always fit predefined categories, as seen with the author's unique acquisition that required building strong conviction within the organization.
- Empathy towards sellers, integrity, and teamwork play crucial roles in completing a successful deal.
- Maintaining alignment between corporate development and operators, creating a solid commercial case, and effective integration planning are key factors in M&A success.
- M&A not only challenges assumptions but also serves as a force multiplier for business growth and career development, enhancing skills in strategic decision-making.
- A strong integration plan is essential to retain the acquired company's influence and momentum post-transaction, focusing on educating, energizing, and aligning the organization.
- Calibrating decisions, empowering leaders, and driving value acceleration are critical post-acquisition activities for successful integration.
- The author looks forward to exploring more opportunities in M&A, strategic partnerships, and product innovation to challenge assumptions and drive business growth.
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Medium
7h
63
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Turning complex problems into product solutions
- The 'jobs to be done' framework is a valuable tool for navigating complex problems and developing product solutions.
- In this framework, the focus is on understanding the desired outcome of the user and working backward to build detailed requirements.
- By breaking down tasks into smaller steps and focusing on the user's needs, bias towards specific solutions can be avoided.
- It is essential to concentrate on the task at hand and not get swayed by current technologies or tools.
- The process involves identifying tasks, researching experts in those areas, and identifying themes and patterns to create a unique value proposition.
- Breaking down workflows into smaller steps helps identify areas for further research and exploration.
- By understanding the underlying motives behind tasks, product solutions can be tailored effectively.
- Utilizing the 'jobs to be done' framework leads to building narratives around problem-solving, resulting in more focused product strategies.
- Creating multiple frameworks based on user needs aids in research and developing a comprehensive product strategy.
- The approach of breaking down complex problems into actionable steps is crucial for product development success.
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3 Likes
Medium
7h
227
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The Basics of Version Control: Why Git is Essential for Every Developer
- Git, the most widely used version control system (VCS), has become indispensable in software development workflows.
- Version control is a system that helps track changes to files over time and allows multiple people to collaborate on a project.
- Git is a distributed version control system, allowing developers to work offline and sync changes when ready.
- Understanding Git is fundamental for ensuring smooth collaboration and maintaining code integrity in software development.
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Medium
8h
0
Image Credit: Medium
I Always Wanted to be a D̶o̶c̶t̶o̶r̶,̶ L̶i̶b̶r̶a̶r̶i̶a̶n̶,̶ ̶P̶e̶r̶f̶o̶r̶m̶e̶r̶,̶ ̶ oops, I became…
- The author reflects on childhood dreams of becoming a doctor, which changed after struggles with organic chemistry, leading to pursuing a Master’s in Library and Information Science.
- Library work involved early tech innovations like putting card catalogs 'in the cloud,' providing a foundation for future product management skills.
- Working in various libraries unknowingly built the author's toolkit for product management, focusing on information architecture and accessibility.
- Transitioning from libraries to comedy, the author spent a decade building an improv theater and school, further honing product management skills.
- Joining an edtech startup in 2020 marked the author's official role as an 'Accidental Product Manager,' utilizing previous experiences to tackle product challenges.
- Applying library science knowledge to an edtech setting, the author approaches content organization from a human-centered perspective rather than relying solely on AI tools.
- The author's diverse background proves beneficial in product management, allowing for a unique perspective to bridge technical capabilities with human needs.
- Embracing a non-traditional path, the author finds strength in asking 'stupid' questions and translating between different disciplines, like in improv scenes.
- The author demonstrates that unconventional experiences can be a competitive advantage in product management, highlighting the value of diverse skills and perspectives.
- Success in product management is attributed to embracing individuality and diverse experiences, rather than conforming to a predetermined path.
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Medium
1h
197
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How to Master the Product Launch
- A product launch is a critical milestone in the product development lifecycle.
- A well-planned and executed launch creates excitement and ensures alignment.
- Product managers must set clear goals and build a launch team.
- A successful launch impacts customer perception, adoption, and revenue generation.
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11 Likes
Medium
2h
6
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Accessibility Debt Is Real — Here’s How to Prevent It
- Organizations often fail to integrate accessibility from the start, leading to a reactive approach.
- To prevent accessibility debt, accessibility needs to be a proactive part of the development process.
- Product managers play a crucial role in shaping accessibility outcomes by including it in product development.
- Continuous education, dedicated subject matter experts, and automation help prevent accessibility issues.
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Medium
3h
274
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"How AI Tools Are Revolutionizing Content Creation for Writers
- AI tools are revolutionizing content creation for writers, transforming industries across the board.
- Examples include Samsung's AI-powered refrigerator that recognizes food items, suggests recipes, and can place orders for replenishment.
- Nvidia's latest GPUs offer enhanced performance for gaming, content creation, and AI model training.
- Amazon AWS has developed a supercomputer powered by Trainium AI chips, advancing AI capabilities.
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16 Likes
Medium
4h
58
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Linux Is Free, but Can’t Beat Windows in Market Share
- Linux is free, but it can't beat Windows in market share.
- The popularity of Windows is attributed to its accessibility and user-friendly graphical user interface.
- Microsoft's strategic partnerships with PC manufacturers ensured that Windows came pre-installed on most consumer PCs, increasing its market share.
- The familiarity and ecosystem created by Microsoft, along with customer support and warranty coverage, contribute to the dominance of Windows in the market.
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3 Likes
Medium
5h
304
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Unlocking the Potential of Excel for Project Portfolio Management”
- Excel plays a significant role in Project Portfolio Management (PPM) by organizing, analyzing, and visualizing data.
- Excel's flexibility allows for customization of templates and workflows to meet specific project requirements.
- Its visualization tools, such as charting and graphing, help create informative dashboards for monitoring project performance.
- However, Excel has scalability limitations and requires manual input, making it less suitable for complex projects and larger portfolios.
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18 Likes
Medium
5h
262
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AI in PM: How ChatGPT Write My PRD
- I experimented with using ChatGPT for automating Product Requirements Documents (PRDs) in order to save time and work more efficiently.
- ChatGPT generated a 1,500-word PRD in 30 seconds, outlining a basic syncing feature and suggesting integration with Apple Health and Fitbit.
- However, the generated PRD had pitfalls like flawed metrics, lack of context, and overlooking critical requirements such as GDPR compliance and data encryption standards.
- Ultimately, I recognized that AI can mimic patterns but fails to understand the nuances required for effective PRD creation, and now use it as an amplifier for human insight rather than a replacement.
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15 Likes
Medium
5h
17
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Good Enough For Great Feedback
- Joining a new product team, the author discovered a lack of customer feedback after six months of product development.
- Initiating customer demonstrations, they found valuable insights, correcting features and improving usability.
- Teams often delay shipping striving for perfection, missing out on valuable user feedback.
- It's crucial to share products externally to gather real feedback and insight from users.
- Fear of judgment and a desire to refine ideas hinder teams from seeking real feedback and improvement.
- Users don't just buy products; they buy emotions and experiences, emphasizing the importance of user engagement.
- Showing prototypes early to users allows for validation, refinement, and focusing on what truly matters.
- Prioritizing raw user feedback over perfecting details accelerates product development and energizes the team.
- Shipping when the product is 'good enough for great feedback' is vital to building a successful product.
- The goal is not a perfect product nobody wants but to create something that works for users and the business.
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1 Like
Medium
7h
315
The Goldfish
- Authority didn't come easily for Mark as he struggled to make decisions and overanalyzed every option.
- To compensate, Mark used condescending language and distanced himself from failures.
- He also had a habit of giving contradictory directives and blaming his team for misunderstandings.
- Mark's indecisiveness and poor leadership affected his team's productivity and created a negative work environment.
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18 Likes
Medium
8h
140
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PRODUCTHEAD: Should you do custom features for paying clients?
- Product models are more scalable and have higher investor valuations than service models, but can be difficult to implement and require a longer sales cycle.
- If your team is biased towards custom features, refocus on discovery and problem-solving for better outcomes.
- Accepting work for paying clients can provide additional runway but may lead to customer-driven feature priorities.
- Building custom features for one client can impact prioritization, cause delays, and distract from the product vision.
- Balancing between custom features and standard product development can create hidden overheads and detract from profitability.
- Focusing on discovery and problem-solving is crucial for product companies to avoid falling into the 'agency trap'.
- Transitioning between product and service models can pose challenges, and operating both models simultaneously may have downsides.
- Contractual obligations to deliver custom work can influence product roadmap, affecting overall user base and profitability.
- Introduction of product management in agencies focused on custom work can help address user needs and enhance delivery.
- Maintaining balance between delivery and discovery is essential for sustainable product development.
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8 Likes
Medium
8h
176
Image Credit: Medium
Scrum Masters Don’t Need to Be Technical — They Need to Be Product-Savvy!
- The debate on the technical competencies of Scrum Masters is ongoing.
- One group believes technical knowledge is essential for a Scrum Master, while the other disagrees.
- A third option suggests a balance between technical and other skills.
- The origin of this debate can be traced back to the rise of agile approaches.
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