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Product Management News

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Medium

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Shaping Products That Matter: Key Insights for Product Professionals

  • Always connect data to human behavior. It’s not just about understanding what’s happening but also why it’s happening.
  • A well-aligned team is your greatest asset. Invest in clear communication and trust-building to achieve results.
  • Your users are the ultimate stakeholders. Build for them, not just for metrics.
  • Stay curious and open to change. Agility isn’t just about process — it’s a mindset.

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Medium

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The No-Code Paradox: Speed Meets Scalability Challenges

  • No-code tools offer a high reaction capacity, enabling quick validation of projects before investing more time and resources.
  • Challenges arise as projects grow and become more complex, particularly in terms of scalability and customization.
  • Performance issues can occur under heavy user loads and with the addition of new features in no-code development.
  • Integration with APIs and external services can be challenging, requiring traditional development for robust solutions.

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Medium

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How Great Product Managers Turn Feedback Chaos into Meaningful Innovation

  • Managing feedback is a critical responsibility of product managers.
  • Approach feedback with an open mind and curiosity, seeing it as a gift.
  • Categorize and contextualize feedback to understand user needs and frustrations.
  • Prioritize feedback using frameworks and involve stakeholders for transparency.

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Kotaku

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Star Wars Jedi Power Battles Is A Perfect Remaster Of A Bad Game

  • Star Wars: Episode 1: Jedi Power Battles, originally released 25 years ago, has received a remaster.
  • The remaster, developed by Aspyr, includes improved visuals, performance, and additional characters.
  • However, the original game had clunky combat and bad platforming segments, making it a flawed experience.
  • The remaster is recommended only for those who have nostalgia for the original game.

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Medium

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The Rise of the Builder-PM

  • No-code tools have evolved significantly, allowing users to design and launch web apps without coding.
  • For project managers (PMs), these tools serve as a game-changer by bridging the gap between ideas and execution.
  • Using no-code tools, PMs can quickly create prototypes in real-time, obtain immediate feedback, and test wild ideas.
  • Building with no-code tools enhances PMs' understanding, earns respect from the team, but requires setting clear boundaries to avoid overload.

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Medium

11h

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341

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Can Coffee Be Served as a Software? An Analysis of Pret’s Bold Experiment

  • Pret’s coffee subscription offered five drinks a day for £30 a month. The model was viable because the marginal cost of producing one cup of coffee was only around £1. Customers don’t all use subscriptions in the same way, with each contributing differently to total costs. To offset this, Pret relies on in-store purchases. By offering a 20% discount on food items for subscribers, they aimed to increase the average spend per visit. While the unlimited coffee model was unsustainable, Pret likely gained valuable insights and strategic advantages from this experiment.
  • The offer was launched during the pandemic, an initiative designed to pull customers back into their stores. Three years after its launch, Pret has ended the ‘5 coffees a day’ offer, pivoting to a new subscription model. Pret used the fixed monthly fee regardless of usage, which works well in software.
  • The success of a coffee subscription model largely hinges on customer behavior. Specifically, the number of coffees consumed and the average cart size. Pret kept the overall subscription model straightforward but made a few strategic choices to ensure its sustainability.
  • Without concrete data, it’s hard to say definitively, but with in-store foot traffic returning to normal levels, the model may not have provided significant long-term financial benefits. Pret likely gained valuable insights and strategic advantages from this experiment.
  • While the unlimited coffee model was unsustainable, it offered long-term benefits that could shape Pret’s future approach in meaningful ways. The experiment yielded lasting benefits: valuable insights into user behavior, a growing digital presence through app sign-ups, and new channels for direct communication with customers.
  • The subscription model was designed to bring customers back to the store. By offering a 20% discount on food items for subscribers, they aimed to increase the average spend per visit. Since the marginal cost of these food items is relatively low, additional food purchases help offset the narrow margins on coffee.
  • Pret’s coffee subscription emulationsthe business model of tech companies that offer software as a service (SaaS), using a fixed monthly fee regardless of usage. This model works well in software because of the low marginal costs associated with digital products.
  • In a subscription model, all customers pay the same fee, but usage varies significantly, resulting in different costs per customer. Typically, customer usage falls into three categories. Serving costs depend on the balance among customer types, with each contributing differently to total costs.
  • While the unlimited coffee model was unsustainable, Pret likely didn’t incur a loss with this model. Without concrete data, it’s hard to say definitively, but Pret gained valuable insights and strategic advantages from this experiment.
  • Pret’s model relied on the draw of ‘free’ coffee to attract customers, with the goal of increasing the average basket size through food purchases. Pret made a few strategic choices to ensure its sustainability. This experiment demonstrated the power of simple, customer-friendly offerings in building loyalty and driving foot traffic.

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Medium

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Why Validation is Key to User Trust: Reflections from the Early Stages of a Social App

  • Skipping validation in the early stages of a social app can lead to costly missteps down the line.
  • Building without validation results in wasted time, effort, and adds unnecessary complexity.
  • Validation is the foundation of the product development process and ensures that features solve real user problems.
  • By validating ideas early, developers can iterate and refine concepts before costly development.

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Medium

7h

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Simplicity Over Black Boxes

  • Machine learning models often referred to as 'black boxes' are difficult to interpret and apply.
  • A different approach called Human Knowledge Models (HKM) focuses on finding concise and interpretable rules.
  • HKM creates simple rules using basic Boolean operators and thresholds, making them easy to use in various domains.
  • While HKMs have limitations, they can play a critical role in applied fields like healthcare, providing practical and interpretable solutions.

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Medium

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297

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“Effortless Project Management Using Excel Tools”

  • Excel is a valuable tool for Project Portfolio Management (PPM) and serves as an alternative for organizations without dedicated PPM software.
  • Excel's ability to organize, analyze, and visualize data allows for customized templates and workflows.
  • Excel's charting and graphing capabilities enable the creation of dashboards for easy portfolio performance communication.
  • Automation through formulas, macros, and conditional formatting streamlines repetitive tasks in Excel.

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www.milkkarten.net

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The Content Creation Platform Made for Social Teams

  • Slate is a content creation tool designed to meet the specific challenges of social content at a brand.
  • Eric Stark, co-founder of Slate, designed the tool based on his experience working in social media.
  • Slate aims to provide an intuitive, social-first experience and complete brand control.
  • Slate's features include brand-controlled templates, customizable caption presets, intros and outros tailored to your brand, and an AI-powered video clipping tool.
  • Slate acts as a central creation hub and allows for approvals to take place on the app.
  • Slate is being used by businesses in several industries including Vanity Fair, HOKA, and the NFL.
  • Slate is a good fit for brands in any industry that want to create standout, authentic content without sacrificing their identity.
  • Slate's AI editing platform will soon enable social teams to cut longform content into any format for any channel, all while maintaining full editorial control.
  • Slate's platform also offers auto-captioning with brand fonts and colors.
  • Social teams are overworked and the expectation for content is high, which is where tools like Slate come in to offer help with the repetitive, time-consuming tasks.

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Medium

8h

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77

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Understanding the Kano Model for Prioritization

  • The Kano model provides a hierarchy of features: Must-Haves, Performers, and Delighters.
  • Features may shift between these categories over time based on customer expectations.
  • AI-powered features in a product transitioned from Delighters to Performers and eventually became Must-Haves.
  • The Kano model helps prioritize features and emphasizes the need for regular review and adaptation.

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Logrocket

9h

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Agile Manifesto: The 4 values and 12 principles explained

  • The Agile Manifesto comprises four values and 12 principles that guide efficient software product development
  • The four Agile Manifesto core values that shape how teams work together are individuals and interactions over processes and tools, working software over comprehensive documentation, customer collaboration over contract negotiation and responding to change over following a plan
  • The twelve principles of the Agile Manifesto focus on continuous delivery of value, promoting teamwork, embracing change and delivering real value to customers.
  • The Agile Manifesto emphasizes adaptability, collaboration and delivering real value to customers in a fast-paced world.
  • Key principles include frequent delivery of value, embracing change, promoting teamwork, keeping things simple, and working at a sustainable pace.
  • Scrum is a framework that follows agile principles, focusing on iterative cycles, roles, and ceremonies.
  • Agile continues to evolve. With the rise of DevOps, remote first teams, hybrid methodologies and criticism, the principles behind the Agile Manifesto remain relevant.
  • Agile fosters a flexible mindset, where adaptability, communication, and collaboration are key to solving problems quickly and efficiently.
  • Agile sparks innovation and authenticity in software development, including areas like marketing, operations, design, and human resources.
  • Agile has stood the test of time and continues to influence many industries, allowing faster, iterative, and more customized approaches.

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Medium

9h

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192

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TUCKS Cooling Pads: Soothes, cleanses, and protects sensitive areas effectively.

  • TUCKS Cooling Pads are gentle yet effective for cleansing and soothing sensitive areas.
  • With 100 individually-wrapped pads, TUCKS offers long-lasting value and convenience.
  • Used by healthcare professionals, TUCKS pads provide relief for postpartum moms and individuals with hemorrhoid discomfort.
  • Feel refreshed and protected with TUCKS Medicated Cooling Pads for daily care.

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Product managers are overrated

  • Product Managers are crucial for the success of a business.
  • They ensure that the product is viable, efficient, and market-ready.
  • PMs convert pain points into actionable product requirements.
  • Having a PM leads to a product that users love, a harmonious team, and a thriving business.

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Medium

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104

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Designing for failure in the age of AI

  • Designing for failure in the age of AI
  • Tech and product leaders need to prepare for AI failures
  • Systems should be designed to function without AI
  • Investing in people and promoting critical thinking is essential

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