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Product Management News
Medium
1h
177
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How Thinking Like a Gamer Transformed My Product’s User Engagement
- Thinking like a gamer can transform product user engagement.
- Replacing traditional onboarding funnels with dynamic, AI-powered systems can improve activation rates.
- Segmenting and personalizing user journeys with AI can enhance user experience.
- Embedding micro-feedback loops and real-time success indicators powered by AI can increase feature engagement.
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Medium
2h
42
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Product Management: Through the Lens of Life
- Product management can be seen as building a successful life, just like a product manager builds a successful product.
- Defining product management reflects how one sees it, and different perspectives matter.
- One common definition is that product management is about delivering value to customers and achieving business goals.
- However, the author suggests a more personal, internal, and philosophical meaning by comparing life to a product and oneself as a product manager.
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Medium
7h
188
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Strategic Trade-offs in AI Product Management: Making the Hard Calls
- Transitioning from traditional software to AI products requires a shift in decision-making frameworks due to layers of uncertainty introduced by AI.
- Key strategic shift includes planning for obsolescence, operating on shorter strategic horizons, maintaining portfolios of solutions, and designing systems for replacement.
- Engineering trust is crucial in AI product management, emphasizing hyper-transparency, early involvement in trade-off decisions, and shared ownership of outcomes.
- Motivating teams in AI product development involves reframing 'waste' as 'education', celebrating pivots, and connecting work to outcomes.
- Specialized framework for AI product decisions involves considerations like Time Value of Information, Build vs. Adapt Spectrum, Capability Ceiling Analysis, Adaptability Assessment, and Learning Velocity Metric.
- In AI product development, rapid adaptation and learning are emphasized over slow perfection, with strategic pivots celebrated as signs of wisdom.
- Success in AI product management lies in the ability to learn, adapt, and evolve quickly to keep pace with the rapidly changing field of artificial intelligence.
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Medium
14h
113
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The Race to Replace Your Smartphone: Google’s AR Vision vs Meta’s Smart Glasses
- Google envisions creating a context-aware, AI-powered interface for AR glasses.
- Ray-Ban Meta Smart Glasses blend smart functionality without visual display.
- Meta's Orion AR Glasses aim to redefine how we interact with the digital world.
- The race to replace smartphones with AR glasses is underway, with Google and Meta leading the way.
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Medium
16h
110
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Check the VITALS First
- Product managers often struggle with prioritization and look for frameworks to help them.
- The author believes that each company should have its own prioritization framework based on its values.
- The author introduces their own framework, VITALS, which stands for Value, Impact, Time, Alignment, and Simplicity.
- VITALS is designed to help product managers prioritize effectively by considering the people using the product and the business goals.
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Medium
2h
45
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A PM’s AI Journey
- Using AI, PMs can leverage its capabilities to triage complex JIRA tickets, summarize conversations, and review product backlogs.
- The PM in this journey chose AI-based chat assistants to summarize a slack conversation and identify the root cause and impact to the client.
- AI did a remarkably good job in summarizing the issue and impact, allowing the PM to proceed with prioritizing the fix.
- The PM is currently exploring the use of AI in reviewing the product backlog.
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Medium
4h
246
Thinking in Systems: Why I Love Being an Ops PM
- Ops PM refers to work that is both operational and product-oriented.
- Ops PMs focus on building tools and systems for employees, optimizing operational tasks.
- They work in complex environments, often integrating with legacy systems.
- Ops PMs need to think in systems, bridge the physical and digital, and prioritize task execution over engagement.
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14 Likes
Medium
14h
156
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Talent Isn’t Enough: Here’s How AI Makes You Unstoppable
- AI is a multiplier for talent, not a replacement for jobs.
- AI can speed up mastery by providing customized explanations and examples.
- AI can help turn weaknesses into strengths by coaching and assisting in various tasks.
- AI helps in creating and shipping ideas faster, increasing productivity and momentum.
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9 Likes
Medium
14h
10
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The CEO Mindset: Why Thinking Like a Founder Elevates Your PM Career
- The 'CEO mindset' involves understanding the essence of founder thinking while bringing one's unique strengths to the table.
- Amazon emphasizes CEO-level thinking in its Principal Product Manager roles, focusing on the principles of 'Ownership' and 'Think Big.'
- CEOs exhibit an obsession with customer value creation, framing decisions around creating value for customers beyond articulated needs.
- Great PMs understand that every product decision is also a business decision, considering impacts on metrics and the business model.
- CEOs prioritize resource allocation for maximum impact, prompting a shift towards sharper and more defensible prioritization for PMs.
- Successful founders excel at storytelling to drive alignment, a skill that PMs can adopt to advance shared visions.
- Balancing CEO-like thinking requires setting clear boundaries, maintaining execution excellence, and creating feedback loops with founders/CEOs.
- Adopting the CEO mindset involves developing practices over time, such as focusing on autonomy, foresight, and aligning with the company's vision.
- Striving for CEO-level thinking in product management is seen as transformative, emphasizing the importance of thinking like owners rather than operators.
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Medium
15h
193
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Playing to Win: Game Theory for Product Managers
- Product strategy can be likened to a high-stakes multiplayer game where decisions trigger reactions from customers, competitors, and partners, similar to moves in chess or an online match.
- Payoff matrices, like a cheat-sheet from game theory, help product managers simplify complex decisions by visualizing scenarios of different choices and outcomes.
- The Prisoner's Dilemma, a game theory concept, illustrates conflicts between short-term self-interest and long-term collective benefit, often seen in competitive price wars.
- Product managers can navigate Prisoner's Dilemmas with strategies like repeated games for tacit cooperation, differentiation to avoid deadlock, and trust to reward cooperation.
- Coordination games, where players benefit from aligning choices, are common in product management, such as setting industry standards or launching features that require user adoption.
- Network effects and cold start problems are key coordination challenges for product managers, with focal points and altering payoff structures as strategies for solving them.
- Signaling games involve players sending credible messages through actions to reveal or conceal information, such as using signals like free trials or money-back guarantees to convey quality.
- Mechanism design in product management is about designing the rules (incentive programs, guidelines) to align individual incentives with overall goals, fostering user behavior that benefits the product.
- A case study on PayPal’s referral program showcases how mechanism design can overcome coordination challenges and turn a cold start problem into remarkable growth by incentivizing user actions.
- By applying game theory principles like payoffs, coordination, signaling, and mechanism design, product managers gain insights to make strategic decisions, foresee consequences, and play the game strategically.
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Medium
15h
226
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How to Learn Anything Without Losing Your Mind ( or Opening 37 Tabs)
- To learn effectively, it's important to have a repeatable learning system.
- Define a clear finish line to avoid getting stuck in endless learning.
- Follow the L.E.A.R.N. Loop: Look it up, Explain it, Apply it, Reflect, and move on to the next step.
- Track your progress in a simple way and make learning sustainable by fitting it into your life.
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13 Likes
Medium
15h
208
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RACI is it an amazing and powerful workflow management tool?
- The RACI framework is a powerful workflow management tool that can help align teams and prevent miscommunication and confusion.
- It provides a clear breakdown of responsibilities for each task or deliverable, categorizing stakeholders into four roles: Responsible, Accountable, Consulted, and Informed.
- By using the RACI framework, teams can better understand who is responsible for which step, consult with relevant stakeholders, and keep everyone informed.
- This framework can be implemented by following a five-step process: Identifying the players, assigning R, A, C, I for each task, validating with the team, and publishing and automating updates.
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Medium
15h
87
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Using AI in Product Analytics to Identify Key Features Worth Your Attention
- AI can play a significant role in supercharging product analytics.
- Good data instrumentation is crucial for successful AI application in product analytics.
- AI can analyze user segment data to identify consistently used and ignored features.
- AI enables the ranking of features based on their predictive power and analysis of customer feedback.
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Medium
17h
70
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When and How to Kill a Product or a Feature Gracefully
- Sometimes a product or feature simply no longer serves your customers or your business.
- Delaying the removal of an obsolete product can hurt your business in multiple ways.
- There’s no single formula, but look for signals to know when it’s time to kill a product or feature.
- Sunsetting a product or feature isn’t failure; it’s a strategic choice to focus on what matters most.
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Medium
18h
129
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Toothbrushes and the Product Manager Who Asked Too Many Questions: A guide to JTBD
- Toothbrush company's problem: No one's buying the toothbrush.
- Product Manager conducts user interviews to understand customers' needs.
- Discovers that customers want fresh breath and confidence, not just a toothbrush.
- Focuses on behavior-driven outcomes tied to real customer change.
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