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The Empowerment Triangle

The Empowerment Triangle can help companies add internal and external stakeholders to the product team to create alignment among the teams.
Internal stakeholders in the organization, such as the C-Suite, determine resource allocation across competing priorities.
They bring in specialized support, like HR, to provide additional expertise for execution in allocating resources.
External stakeholders include paying customers, design partners, and investors. They provide the capital required for an organization's survival and growth.
Product teams must communicate that the outcomes their solutions provide deliver greater value than the price external stakeholders pay for access to them.
External stakeholders rely on Internal company leadership to provide strategic transparency into internal operations.
The final element of the Empowerment Triangle is the Product Team. They deliver value by combining strategic vision, execution, and feedback from internal and external parties.
With the Empowerment Triangle, organizations can generate the resources and alignment necessary to deliver exceptional value.
Positive tension between Product, Internal Stakeholders, and External Stakeholders ensures accountability and alignment, allowing the organization to thrive.
The Empowerment Triangle fosters positive tension across teams, promoting efficient allocation of resources, and successful delivery of value to customers.

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Product Lifecycle: An Overview

Understanding the product lifecycle is crucial for businesses to strategically manage their products and maintain competitiveness.
The product lifecycle is traditionally divided into four phases: introduction, growth, maturity, and decline.
Each phase presents unique challenges and opportunities, requiring tailored strategies.
Businesses should use real-time data, competitive analysis, and consumer insights to complement the product lifecycle framework.

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Medium

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Introducing New Tools to Your Team (Without the Drama) ️

Introducing new tools to your team can be a smooth transition if approached thoughtfully.
Transparency is key - start the conversation early and explain the reasons behind the change.
Involve your team in the process to gain buy-in and make them feel heard and included.
Invest in proper training to reduce the learning curve and boost user confidence.

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Medium

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The Power of Storytelling in Product Management — Part 2

In this second part of the series, the focus is on how to incorporate storytelling into everyday product management work.
By bringing users to life through narratives instead of dry user stories, it becomes easier to empathize with their needs and build the right solutions.
Crafting product roadmaps as journeys with clear narratives can make them more compelling and help the team understand the purpose behind each feature.
When pitching a new product idea, telling a story about how the product solves a real-world problem can be more impactful than simply listing features and benefits.

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Medium

316

Blockchain in Fashion: Unraveling the Threads of Transparency

Fashion brands face technological and financial barriers to deploying blockchain solutions.
Scalability issues persist in global fashion supply chains.
Interoperability concerns arise due to diverse blockchain systems.
The slow adoption of blockchain in fashion might be rooted in fear and lack of transparency.

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Medium

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Running AI Prototyping Projects

AI projects benefit from keeping things simple, especially at the beginning.
Low-fidelity prototypes, such as paper prototypes, are effective in conveying the vision of an AI system.
Paper prototypes are easy to make, understand, and prevent misinterpretation.
Software like Figma or Balsamiq can be used to create more complex prototypes.

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Medium

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9 Red Flags in Product Management: A Nuanced Perspective

For early-stage startups and agile teams, a massive PRD can indeed be a red flag, slowing down iteration and flexibility.
While blindly implementing features without considering the “why” is generally a no-no, there are times when rapid feature development can be beneficial.
In today’s agile-obsessed world, waterfall is often seen as outdated. However, for projects with fixed scopes and clear requirements, it can still be effective.
While outcome-based roadmaps are trendy, Gantt charts can provide clarity for certain projects.

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Dezeen

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Klein Blue collection by Tiptoe among 12 new products on Dezeen Showroom

Parisian furniture design brand Tiptoe has collaborated with The Archives Yves Klein to create a collection of furniture coloured with Klein's iconic deep blue hue. The Klein Blue range comprises seating, tables, stools, shelving, table legs, and wall brackets, all made from steel, wood, or a combination of the two. Other recent launches on Dezeen Showroom include Micra tiles by Spanish brand Vives, and a sequal to the Marmi Maximum range of tiles by Azerocare Plus, which is a process that can be applied during the manufacturing of stone surfaces to protect them from contact with abrasive substances
German bathroom brand Bette has launched a selection of products finished in clay and carbon neutral green steel, which features the company’s signature glazed surface to enhance hygiene and durability. Made from one single oak log, the Tenon kitchen from Lithuanian firm Kongacph is decorated with natural cracks and knots and visible joinery, creating a unique aesthetic. Italian stone company Antolini has developed a protection system called Azerocare Plus wherein marble, onyx, and soft quartzite stones are treated during manufacturing to protect from abrasive substances. These and more products are displayed on Dezeen Showroom.
The Light and Shadow rug collection designed by architecture studio TenBerke for US interior designer Warp & Weft, all of which feature various abstract shapes using soothing colour combinations, is among new products featured. New items also include a series of Maya lamps by German lighting brand Fraumaier, Étude chair collection by French furniture brand Tiptoe and a Raffles rug by textile company Azmas Rugs. The SSD stool, a stool that takes visual cues from Tiptoe's SSD chair, is also on the site.

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Medium

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The New (Intelligent) Transformation: A Guide for AI Adoption

Integrating generative AI will enable companies to unlock potential and serve customers better in ways that were not possible before. Companies should start small in their intelligent transformation and focus on specific areas of their company first, i.e., verticals, instead of trying to rewire the entire company all at once. The best way to do this is by experimenting with generative AI tools that make employees better at their roles. Employees may be hesitant to be completely transparent about leveraging tools that make them much more efficient at their jobs hence mutual trust is essential on a company's transformation journey.
Phase 2 or Intelligent Transformation Walk phase is reached when the generative AI use cases that individuals have experimented with have been proven successful and have been operationalized across an organization. The entire end-to-end process of the domain is rethought when more AI capabilities are embedded in their tasks and processes. Accelerated prototyping, streamlined and robust AI generated summaries of meetings, automated drafts of PRDs and expedited feedback loops are just some of the advantages that can be gained by the use of AI.
At the macro level, organizational level transformation will reshape how verticals work together, how the company operates, and how it competes in the marketplace. It is highly recommended that companies modernize their information architecture and create a data strategy for their AI strategy to enable the full potential of the transformation.
Newer companies and startups will move quickly through the phases of intelligent transformation as they are AI-native companes. The established companies must evolve methodically and rewire their DNA through incentive based sharing of ideas and learning about AI. The company leadership must establish trust and buy-in for this transformation journey.
An example of the product vertical scenario was used to describe how generative AI tools can be beneficial to industries like product management, engineering, and UX design. AI-driven insights can be used to launch hyper-personalized campaigns for each market segment, hence driving immediate growth.
At the early stages, companies must create opportunities for their employees and teams to use generative AI tools as a formal resource in their toolbox. As the momentum builds, it is essential to reshape the end-to-end processes for the vertical domains in the company. Finally, the momentum generated by vertical teams is to ride organizational-level transformation to remake the company's operating model from the inside out.

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Medium

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Why I Believe in MVO Over MVP: Delivering Value, Not Just Features

MVO (Minimum Viable Offering) prioritizes delivering immediate, meaningful value to customers.
MVO is about delivering on a promise and creating solutions that matter to the audience right away.
In cybersecurity, MVO focuses on solving problems and providing real solutions, not just showcasing technology.
MVO approach in cybersecurity builds trust, solves problems, and delivers value right from the start.

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Medium

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The Secret Lives of Buttons & Toggles

Buttons and toggles are meticulously designed to appeal to users and enhance their experience.
Misplaced toggles can cause confusion and frustration for users.
Design decisions, such as the color of a button, can have a significant impact on user behavior and revenue.
Buttons and toggles, both digital and analog, play a role in shaping our daily lives and interactions with technology.

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Medium

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Nnamdi Azodo: Redefining Product Management and Digital Banking in Nigeria

Nnamdi Azodo has made significant contributions to product management and digital banking in Nigeria.
He played a crucial role in the success of ALAT by Wema Bank, Nigeria's first fully digital bank.
Azodo's expertise also contributed to the growth of FairMoney, a prominent fintech company.
He is committed to educating aspiring product managers and actively engages with the product management community.

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Logrocket

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What does a fractional product manager do?

Fractional product managers(FPM) are part-time, contract-based product management professionals who work with organizations on a limited and flexible basis.
FPMs provide expertise and experience in areas like product strategy, product development, and operations (product DevOps).
Companies hire FPMs for cost-effectiveness, flexibility, and immediate impact, access to expertise and experience, and to address the growing complexity of product management.
FPMs differ from product consultants in engagement models, focus, duration, and deliverables.
Challenges faced by FPMs include limited organizational authority, income variability, client acquisition, and managing multiple clients.
Transitioning to a fractional product management role requires credibility, a good network, and a skill set to find and attract new clients.
FPMs often charge high hourly rates between $100 and $200 per hour.
Focus on setting clear priorities, reduce meeting loads, build strong relationships, communicate clearly, and continuously improve to be a successful FPM.
Fractional product managers are strategic part-time project managers who help companies with specialized skills and vast experience.
It’s especially valuable for startups and scaling companies that need specialized experience but aren’t willing to pay a full-time hire.

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Medium

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Marketing Behavioural Science: Jingle All the Way — Creating Urgency and Exclusivity Through…

Scarcity is a powerful motivator of behavior, driving urgency and exclusivity.
In the movie 'Jingle All the Way', scarcity of a popular toy created competition, urgency, and exclusivity.
Examples like eBay demonstrate how scarcity tactics like countdown timers and competition can generate urgency.
However, using scarcity tactics inauthentically can harm customer loyalty and trust.

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Medium

203

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How to Validate Your Product Idea Before You Build It

Validating your product idea is crucial before you start building.
Many people rely on assumptions about what customers need, but this approach is risky.
First-time product creators often rush into building without validation.
Validating your idea helps ensure that there is a demand for your product.

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