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Product Management News
Medium
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Determining market readiness for software products (english)
- Revenue is generated when a product is considered market-ready in the defined target group.
- Market readiness is a metric that describes how usable and valuable a product is for the target group.
- Requirements represent solutions to problems in business processes the product supports.
- Identifying market clusters and understanding supported processes are key in determining market readiness.
- Standardization plays a crucial role in achieving high market readiness.
- A 7-phase model of product maturity was developed for assessing market readiness.
- Investments in market readiness are needed early in the product lifecycle.
- Market readiness serves as an early indicator of software performance.
- Product lifecycle phases correspond to different levels of market readiness.
- Tracking key metrics like Net Promoter Score and quality index is vital for assessing market maturity.
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Medium
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43
Product Management: Problem → Idea → Solution Cycle
- Product management is about identifying a problem and developing a solution that effectively addresses it.
- The product development journey follows a problem → idea → solution cycle, involving specific methodologies and teamwork.
- Product Managers focus on turning ideas into reality by creating well-defined solutions for specific user groups.
- Product management simplifies the process of creating products and does not require complex terminology.
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Medium
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166
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What does a PM Do?
- A product manager (PM) decides what should be built, why, and when.
- The PM works with engineers to build the right features, but does not write code.
- The PM sets priorities, analyzes data, and communicates with various stakeholders.
- The PM iterates and tries to improve if the built product is not successful or discovers something new.
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Medium
3w
39
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Blending Agile and Traditional Approaches for Success
- A financial services company successfully modernized its core banking system by blending Agile development sprints with Waterfall compliance phases.
- Creating 'dual-purpose' artifacts and using the right tools ensured smooth execution in the hybrid approach.
- Aligning teams and using KPIs and dashboards helped track progress in the Agile-Waterfall model.
- Other industries, such as construction and marketing, have also found success by combining Agile and Waterfall methodologies in different areas of their projects.
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Medium
3w
8
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How to Launch a New Product: A Strategic Approach
- Validate the market opportunity before launching a new product by assessing market demand and profitability.
- Craft a structured go-to-market (GTM) strategy by analyzing competitors, defining product vision and goals, planning operational and technical execution, determining optimal pricing strategy, and selecting appropriate sales channels.
- Adapt the GTM strategy based on market conditions, such as saturated markets, emerging markets, and oligopoly-dominated markets.
- Launching a product is just the beginning, and the focus should be on adapting post-launch based on customer feedback, retention metrics, and competitive shifts.
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Medium
3w
118
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MLOps Explained for Non-Engineers: What Every AI PM Should Know
- MLOps is the discipline of managing the lifecycle of machine learning models in production — from development to deployment, monitoring, and continuous improvement.
- MLOps ensures that AI solutions are scalable, reliable, and maintainable, delivering consistent value in the real world.
- Key components of MLOps include automated model monitoring and retraining, data validation pipelines, continuous integration and deployment (CI/CD) pipelines, model explainability and governance, and defined workflows and collaboration tools.
- As an AI Product Manager, understanding the impact of MLOps is crucial for making strategic decisions and integrating them into AI strategy to ensure AI projects go beyond experimentation and deliver real business value.
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Scrum-Master-Toolbox
3w
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Marina Lazovic: Leadership Skills Make the Difference for Product Owners
- Great Product Owners demonstrate strong empathy and lead by example, creating a supportive environment for the team.
- Some Product Owners fail to understand their team's composition, leading to unrealistic expectations.
- Regular sync meetings can help Product Owners understand team dynamics and foster more realistic planning and expectations.
- Marina Lazovic is a Scrum Master and Kanban Trainer passionate about optimizing processes and fostering collaboration.
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Medium
3w
368
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Why .99 Still Wins Even with AI Setting the Prices
- .99 pricing has been popular for over a century due to its psychological impact on consumer behavior.
- The practice originated as a way to prevent theft in the early 1900s.
- Odd prices like $39 can feel more calculated and offer a perception of greater value than round numbers.
- Algorithms and AI models have learned from consumer behavior and still utilize .99 pricing for better conversion rates.
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Medium
3w
403
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From Capacity to Constraint: Rethinking Software in a Hardware Company
- When entering the IoT space, the focus should shift from hardware capacity to software constraints.
- Software is not simply a bolt-on feature, but a living, evolving relationship that drives the product's daily experience.
- In the world of software, focus is more important than abundance, as not every idea or feature should be built.
- Successful IoT brands treat software as a constraint and prioritize strategic clarity, time-to-learn, and quick iteration.
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Medium
3w
184
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How do you schedule your work week for maximum productivity?
- Research shows that professionals who implement structured weekly planning are more likely to meet their goals and maintain consistent productivity levels.
- Mastering the art of scheduling your work week can transform chaotic workdays into a well-orchestrated symphony of productivity.
- Productivity is about finding the right balance between completing important tasks and using resources efficiently.
- To achieve maximum productivity, various factors in the workplace are interconnected.
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Medium
3w
39
Choose Your Constraint Before It Chooses You
- When the ratio of askers to builders becomes imbalanced, organizations face challenges in prioritizing and executing tasks effectively.
- Without intentional constraints, the system becomes unsustainable and the execution stalls.
- The key is to choose the right constraint, such as prioritizing building the right product first, which helps bring clarity and drive strategic focus.
- The chosen constraint becomes a forcing function that compels prioritization, enables ruthless focus, and empowers leaders to make tough decisions.
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Medium
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Will AI Drive the Convergence of Software Engineering and Product Management?
- The rise of AI-powered tools like Cursor and Windsurf has the potential to blur the lines between software engineering and product management roles.
- AI-driven tools can shift the role of software engineers towards high-level system architecture, optimization, and integrating AI solutions.
- Product managers can leverage no-code and low-code platforms to build simple MVPs without extensive engineering resources.
- The future may involve a collaborative relationship between product management and engineering, with AI playing a role in automating certain tasks.
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Medium
3w
408
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The Last Moat (Isn’t a Moat Anymore)
- Generative AI has democratized app development and eliminated barriers.
- Proprietary data is no longer a reliable competitive advantage.
- The focus should shift to the speed and compounding ability of data.
- Fast feedback loops and momentum are the new edge in the GenAI era.
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Medium
3w
434
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The Horizontal vs. Vertical Content Consumption Dilemma
- Approximately 94% of smartphone users hold their phones vertically when watching videos.
- Vertical video on phones allows for a more discreet, natural-looking experience in public spaces.
- Different platforms have different video specifications and audience expectations.
- When making video format decisions, it's important to consider user context and conduct real-world testing.
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Medium
3w
426
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Open Source Products — It’s Time
- Applying open source methods can revolutionize various industries, not just software.
- NodeCosmos offers a holistic view of product components and processes, organizing them into transparent chunks.
- Using branches in NodeCosmos allows for collaborative contributions, ensuring continuous improvement.
- Open models foster inclusivity, empowering unexpected sources of insights, and future-proof projects in a rapidly evolving world.
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