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Product Management News
Medium
4w
397
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Why is outcome important for product thinking?
- Focusing on outcome is crucial for product thinking.
- Product success should be measured by meaningful change, not just output.
- Product thinking is about solving real problems, not just building things.
- Instagram's introduction of Reels exemplifies the value of outcome-driven product thinking.
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Logrocket
4w
254
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Leader Spotlight: How improv comedy influences product management, with Kevin Erdner
- Kevin Erdner is Senior Director of Product Management at Labcorp, with previous roles in the media and healthcare industries, notably at West Penn Allegheny Health System and Philips Healthcare.
- In a conversation, Erdner discusses how lessons from improv comedy, such as adopting a 'yes, and' culture, have influenced his approach to product management.
- Transitioning from the media to healthcare industry was driven by his passion for problem-solving and innovation in a sector where he could make a meaningful impact on people's lives.
- Adapting to the healthcare industry involved a shift towards regulatory compliance-focused KPIs, outcome-driven metrics, and the complexity of integrations and market composition.
- Lessons from the media industry, especially avoiding inside-out thinking and prioritizing user value, have influenced Erdner's approach to product strategy in healthcare.
- Erdner emphasizes the importance of putting the patient at the forefront of product priorities and efficiently navigating regulatory requirements while adding user value.
- Implementing strategies from improv comedy into business, Erdner promotes a culture of creativity, out-of-the-box thinking, and creating a safe space for idea generation within his team.
- Encouraging a balance between fostering a fun, creative environment and meeting end goals, Erdner believes that a team that enjoys their work performs better and remains focused on their purpose, especially in the healthcare sector.
- Specializing in 'disruptive change,' Erdner discusses trends in healthcare like AI adoption, patient-centric models, and outcomes-based reimbursement, and empowers his team to embrace technological advancements while ensuring solutions address real problems.
- By focusing on educating his team on AI capabilities and ethical considerations, Erdner envisions solving impactful problems in healthcare with innovative solutions and disruptive changes.
- Erdner's experiences showcase the intersection of improv comedy principles, healthcare product management, and innovative thinking, highlighting the importance of balancing creativity, compliance, and user-centric solutions.
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Medium
4w
233
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Vibe Coding: The Future of Software Development and Product Innovation
- Vibe coding is an emerging approach to software development in which AI-powered tools assist in building applications with minimal manual coding.
- Vibe coding is like having a senior software developer partner, enabling the creation of MVPs and idea iteration in minutes.
- MVPs can now be built in hours instead of weeks, lowering the barrier for non-technical teams.
- Vibe coding has the potential to automatically generate fully structured applications, revolutionizing product development.
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Medium
4w
433
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From Developer to Product Manager: Expanding Beyond Code
- Transitioning from a Web Developer to a Product Manager.
- Thinking like a developer can be advantageous in collaborating with other teams and identifying pitfalls.
- Developing empathy for end users is a crucial skill for Product Managers.
- Prioritizing user needs, engaging with teams, and driving measurable value are important aspects of product management.
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Medium
4w
339
Top 33Get Verified LinkedIn Accounts — Instantly Boost Your Professional Credibility
- Buying verified LinkedIn accounts can provide instant credibility and skip the process of building a profile from scratch.
- Benefits of buying a LinkedIn account include establishing trust, expanding influence, increasing job opportunities, and improving visibility on the platform.
- When considering buying a LinkedIn account, it is important to choose a reputable seller, verify the account's credentials, and gradually update profile details after purchase.
- Verified LinkedIn accounts can save time, boost credibility, expand networks, and create more job and business opportunities.
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Medium
4w
53
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BREAKING NEWS: A New Era of Passive Income Has Arrived – $1.1 Million in Online Store Sales!
- A new era of passive income has arrived with $1.1 million in online store sales.
- This success story showcases what is possible with ambition, strategy, and a well-structured eCommerce business model.
- Building a scalable online store from home is achievable for anyone willing to learn and adapt.
- Passive income is no longer just a dream, it is a strategy and a lifestyle that can provide financial freedom.
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3 Likes
Medium
4w
218
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The Product Strategy Formula:
- A clear problem definition is the foundation of your strategy. Without it, you’re just adding ingredients to a dish with no recipe.
- Every successful product has a core differentiator—something that makes it valuable and memorable.
- A product can’t just serve one master—it has to balance three forces: business goals, user needs, and sustainable growth.
- Prioritization is critical in product strategy. Use frameworks to decide what to build and what not to build.
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Medium
4w
245
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The Reality Distortion Field: A Startup’s Greatest Ally or Its Nemesis
- Reed Hastings' reality distortion field enabled Netflix to pivot into streaming despite industry skepticism.
- Marc Benioff's distorted reality catalyzed Salesforce's growth into a pioneering SaaS company.
- The Collison brothers' distortion field led to the success of Stripe by simplifying online payments.
- Elizabeth Holmes' reality distortion contributed to the downfall of Theranos due to scientific limitations.
- Adam Neumann's distorted reality caused WeWork's crash by misrepresenting the business model.
- Doug Evans' powerful distortion field led Juicero to failure despite significant investment.
- Product management can bridge visionary leadership and practical execution to mitigate harmful distortions.
- Skilled product teams can amplify positive aspects of reality distortion fields while averting negative consequences.
- Balancing ambition and reality through effective product management can enhance a company's competitive advantage.
- Establishing structured decision-making processes and feedback loops can harness the potential of reality distortion fields.
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Medium
4w
420
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RapidRead #1: New Players, New Game: Zomato and Swiggy Crash the Party
- Zomato and Swiggy are entering the ticketing industry, challenging BookMyShow's monopoly.
- Partnerships will be essential for success, as platforms compete for user acquisition and retention.
- Zomato has already started selling IPL tickets, showcasing their competition with BookMyShow.
- The challenge for BookMyShow will be to compete with Zomato and Swiggy in terms of user experience.
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Medium
4w
102
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Something You Haven’t Realized About ChatGPT if you are an Early Adopter
- ChatGPT has evolved from a simple chat window to a feature-packed application.
- OpenAI has managed to introduce new features without overwhelming users.
- The build-measure-learn cycle helped OpenAI iterate rapidly based on real-time user feedback.
- Early users of ChatGPT have adapted gradually, while new users may find the extensive feature set overwhelming at first.
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6 Likes
Medium
4w
420
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5 Tips to Simplify your Product
- Simplicity is deceptively difficult, but when executed well, it feels like magic.
- Product managers should use the product as customers would and test it globally.
- Creating a tight-knit team with a shared vision of simplicity is crucial.
- A product should focus on the top needs of users and tell a clear, compelling story.
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Medium
4w
22
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5 Attributes of Customer Obsession
- Customer obsession requires stepping back, questioning assumptions, and shifting from an internal mindset to an external mindset.
- The best way to understand customers is to experience the product as they do and live with it daily.
- Customer behavior, feedback, and pain points provide valuable insights into whether a product solves a problem.
- Simplification, fighting against complexity, and using the right metrics are key to achieving customer satisfaction and long-term growth.
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Medium
4w
223
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5 Rules to maintain your product roadmap
- A flexible roadmap guided by overall goals is critical to the product team.
- Define core deliverables that are specific and aligned with overall goals.
- Plan resources based on the requirements of the roadmap and ensure availability of necessary expertise.
- Establish a roadmap intake process to evaluate new asks and their alignment with the overall plan.
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Medium
4w
236
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Lessons Learned: Developing Figma, Notion, or Linear-style Software
- The Paper Cut Problem: The author describes their experience with product quality and polish issues in their startup.
- Challenges Faced: The author discusses the struggle of deciding whether to divert resources to solve minor problems and the difficulty in documenting and distributing the necessary improvements.
- Engineering Pushback: The engineers did not like the sparse card approach used to address the paper cuts, which led to a slowdown in development.
- Card Generation Solution: The author shares their successful experience using a card generator in ChatGPT to turn natural language or 'lazy requirements' into high-quality, formatted cards.
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14 Likes
Medium
4w
268
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The Paradox of Technology at Work: Does Faster Mean Better?
- AI can improve productivity in certain tasks, but its effectiveness drops when dealing with complex problems that require human judgment, creativity, or ethics.
- In industries where quality matters, relying solely on speed can lead to coding errors and poor code quality, costing companies trillions annually.
- Contemplative work, which involves review and understanding of processes, is crucial for detecting errors and ensuring high quality in AI-generated outputs.
- Smart integration of AI as a support tool, alongside human judgment, is key to leveraging technology and making better decisions.
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