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The Changing Landscape of Product Management Careers

Product Management (PM) roles have seen a shift in demand and opportunities.
The internet boom brought rapid career growth for PMs, but the industry has entered a maintenance phase.
Emerging industries like AI offer execution-focused roles with limited innovation opportunities.
The key lies in identifying new industries with growth potential and adapting skills accordingly.

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Medium

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Jobs to Be Done (JTBD) in Information Architecture for an Events Website

Jobs to Be Done (JTBD) approach focuses on understanding why users engage with a website.
It involves structuring the site based on user needs and goals rather than internal categories.
Key goals include user-centered navigation, task efficiency, and improved engagement.
Usability testing is recommended to ensure users can easily accomplish their goals.

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How to become a rockstar in building a user Pricing journey. Part 2

To understand the product's position among ecosystem participants, the author built an Influence Map.
Unconventional approach to market segmentation: focus on a local market you understand well.
Capture Voice of the Customer using 'Persona Quotes' to convey market segments.
Use the Innovation Curve and feature-oriented curve to understand audience and product capabilities.

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Operating Technology to the Power of Information Technology

JavaBot uses IT to roast micro-batches, grind coffee enough for a single cup, and brew it on demand to make a killer cup of coffee while excluding IT from directly participating in final production or delivery.
Industries like automobile manufacturers, natural resources production, and organizations that generate and distribute electricity, etc., use IT as a component, while for industries such as telecommunications, banking, insurance,it is central to how they generate their services and monetized through monthly subscriptions.
IoT is more like an industry movement that is similar to cloud, so both IT driven and IT component companies can participate in the IoT movement.
The opportunities to capitalize on IoT solution architectures exist in every industry, seek out areas where the business processes are complex, aged, and inefficient as a byproduct of their real-world attributes and physical implementation.
There are plenty of brownfield opportunities in companies with long business cycles who haven’t modernized their tooling.
In Financial Services, there are also opportunities to help teams modernize their compliance approaches, where processes are complex, aged, and inefficient, and adjusting to modernization is mandatory.
Careful application of Design Thinking and customer Co-Creation, including industry expertise, is mandatory to actually make OT to the power of IT.
Overall, there is IoT potential not just in heavy industries like Oil and Gas, but also in industries that trade on intangible products and services like Financial Services.

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Hackernoon

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Is Product Management Stressful?

Product management stress is unique, it's about constant mental juggling, managing stakeholders, decoding customer needs, and somehow finding time to make strategic decisions.
Product management stress flavors can include decision-making under uncertainty, the “What Have You Done for Me Lately?” Syndrome, the myth of being the “CEO of the Product” and meetings that hijack your day.
Stress in product management boils down to three main factors: end-to-end ownership, cross-functional coordination, and constant change.
Yes, Product managers are deeply invested in the success of their products and often experience high stress and burnout. Managing chaos through good boundaries and strong organizational skills is key.
Managing stress. Mastering the Art of Saying “No”, getting ruthlessly organized, building relationships, not just features, embracing the power of AI, and delegating are essential in Product management.
The good news is that despite its challenges, Product management offers autonomy, impact, continuous learning, and career growth.
If you’re thinking about becoming a product manager, it’s not for the faint of heart but if you thrive on chaos and love solving puzzles, it might just be a perfect fit.
Embrace the madness, set boundaries, build trust, manage the unique flavors of PM stress, and remember stress is just the price of admission for one of the most dynamic careers out there.

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How to Balance AI and Non-AI Initiatives as a Product Manager

Focus on Problems, Not Technology: Determine if AI is the best solution for the problem at hand.
Manage Stakeholder Expectations: Set realistic expectations for AI projects, considering costs and outcomes.
Where AI fits: Apply it Wisely: Choose carefully where to use AI, focusing on value-added solutions and transparently communicate risks.
Balance the Product Roadmap: Ensure non-AI projects are not overlooked and remind management of their significance.

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Medium

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Applied Design Thinking Part 4

Interviewing target users can be tricky. Even when you have a negative start things can turn around. Not everything that your initial interview reveals is accurate; you’ll need multiple perspectives from people within the same company for innovation to strike.
As an interviewer, one should only open their mouth to get other interviewees to engage or move the conversation along. Truthfully, facilitating a session with users requires experience and it is totally analog.
The natural tendency for interview note-taking is to try and capture everything the interviewee says. If possible, ask and get explicit permission to record the session, as you’ll result in having the voice of the customer in your pocket.
The most important part of D&D (discuss and debate) were the bonds formed between sales, engineering, architecture, product management, and research. Getting to the root of what a user in your target audience requires is essential to discover what needs to be built.
The process to carefully interview users and capture results in a structured manner enables a stronger design that is defensible to your peers and superiors in the organization. It creates collateral that ages well as it accumulates over the course of time.
While many of these processes seem obvious, they aren't used as widely as you expect in the practice of business.
Therefore, if you follow along here, you can make a defensible difference in your efforts, and bring people along on your journey.

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Medium

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Applied Design Thinking Part 2

This article delves into part two of a series on applied design thinking. Specifically, it discusses the process of the Affinity Method for knowledge discovery, which enables crowd sourcing of hypotheses and creating hypotheses effortlessly quickly using work from others. In larger teams, it suggests breaking the problem into separate parts and assigning two smaller teams. The main intention of ideation is to produce multiple ideas, so even the least sensible ones are welcome in the Affinity process. The results of the ideation should be captured by the facilitator and organized to develop the next steps, such as building a set of testable ideas, assigning roles for creating collateral, and designing a system for the better handling of the resulting interview data analysis.
The article also highlights a successful example of design thinking implementation by Hitachi in the oil and gas industry, describing how their team went beyond traditional bounds to develop effective solutions for sensing using design thinking strategies. The article also adds that design thinking can be applied to various domains to make the customer experience more seamless and efficient. Hitachi’s design thinking sessions enabled the team to analyze and synthesize extensive research and discussions with experts to generate clear concepts tested and validated by customers.

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Medium

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How to build high-performing product teams: a deep dive

Building high-performing product teams requires setting the right foundation and providing the right tools.
The 5 key pillars of high-performing product teams are a clear vision, defined decision-making boundaries, customer-centricity, ownership, and efficient tools and processes.
Aligning teams on vision, OKRs, and roadmap ensures clarity and faster decision-making.
Balancing empowerment with accountability fosters trust and collaboration within teams.

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Medium

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Applied Design Thinking Part 1

The author emphasizes on the importance of excellent teamwork and co-creation in achieving successful innovation.
The author reminisces about his experience working on storage management software, where the team initially brainstormed product ideas that did not appeal to customers.
In order to gain better market insight, he reached out to field sales engineers and technologists for customer feedback.
The team eventually went on a trip to various cities across the US to get feedback from customers, leading to a product that was successful in meeting user needs and generating significant revenue.
The author notes that developing simpatico within a team is an ongoing process that involves sharing meals, discussing sensitive topics, and finding compromises.
The sharing of personal experiences fostered a sense of intimacy and deeper connection between team members.
The output of the process led to numerous benefits, including well-documented raw intelligence, user stories, and narratives.
Over time, the team improved the volume of interviews and processes, amassing over 200 interviews in various industries, including financial compliance, upstream oil and gas, and human resources.
Having a database of past interviews enabled teams to explore new insights and bolster their designs.
The author hopes to provide readers with a 'cookbook' for team building that can improve co-creation and innovation efforts in the future.

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Medium

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Beyond the Roadmap: How Empathy Transforms Product Management into Leadership

Being a product manager isn’t just about steering a product to success. It’s about steering careers, supporting personal growth, and creating an environment where team members feel valued, understood, and supported.
Investing in team members' holistic well-being promotes trust, innovation, and retention.
To create a sense of belonging, product managers should practice active listening, personalized mentorship, celebrate holistic success, and foster psychological safety.
Acknowledging and supporting team members as complete human beings is the most important metric for success.

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The Beautiful Mess

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TBM 325: Skeptoptimism – Thinking Slow, Acting Fast

Thinking slow and acting fast is critical to minimize risk in project management. Skeptoptimists believe in their team's ability to overcome risks, while considering all outcomes.
Thinking slow does not mean inaction. It focuses on method refinement and planning, rather than aimless deliberation.
Thinking slow is an active process. Good planning requires both experimentation and experience and the best plans apply both.
Skeptoptimists tend to clash with people who view thinking slow as complicated or negative.
Skeptoptimists may be viewed as overly complex and pessimistic. The solution is for skeptoptimists to express their optimism while contrasting it with something more active, engaged, and attainable.
Skeptoptimists should ground their strategies with regular reminders of actionable insights. Find allies who can act as translators and advocates to help simplify your work for other team members.
Don't keep the 'slow thinking' to yourself. Invite others in. This will help you transition from mad scientist to partner.
Lastly, frustration might go both ways – skeptoptimists shouldn't overlook the strengths of others who may bring simplicity, clarity, or optimism to the table.
A workshop available to teach people how to run an effective prioritization activity.
Workshop available on Thursday, December 12th.

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Medium

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mobile phone or Ai

AI assistants can help users set notifications, send messages, and control smart devices using voice.
AI enhances the phone's camera by improving image quality, detecting situations, and making recommendations.
Mobile apps use AI to track health, monitor health metrics, and even diagnose disease based on symptoms.
AI algorithms personalize content based on personal preferences such as music playlists or news.

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Medium

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Product Manager: Not Just an Epic Writer

PMs should use epics as dynamic tools for communication, not as rigid blueprints.
Spending too much time on epics can lead to neglecting customer and market insights.
Keep epics simple and focus on answering the core questions of what and why.
Delegate finer details of epics to technical program managers or agile coaches.

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Medium

226

Mastering the Art of Balance: 10 Secrets to a Harmonious Life

Take time to reflect on what truly matters to you and align your actions with your priorities.
Design a morning routine that energizes and motivates you for a clear and focused mind.
Learn to say 'no' gracefully to tasks and commitments that don't align with your priorities.
Practicing self-care activities regularly and treating them as non-negotiable.

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