menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Product Management News

Product Management News

source image

Medium

1M

read

22

img
dot

Image Credit: Medium

A bad solution is always more comfortable than a problem

  • Our brains naturally tend to choose comfortable and familiar solutions over deeper analysis and addressing root causes.
  • This tendency persists at every level of business, from adding reporting layers to implementing workarounds.
  • Organizations encourage comfortable solutions by seeking quick consensus and avoiding necessary discussions.
  • True progress requires the courage to face problems head-on, even when the solutions may be challenging.

Read Full Article

like

1 Like

source image

Medium

1M

read

9

img
dot

Image Credit: Medium

Stop Being a Product Perfectionist: A PM’s Guide to Shipping Meaningful Products Without Losing…

  • The difference between a good product and a perfect product usually isn’t worth the time it takes to get there.
  • Satisficing is about finding the sweet spot between 'this is garbage' and 'this is perfect' and making conscious decisions about what’s good enough to ship.
  • Market timing is more important than perfection and users care about solved problems, not perfection.
  • To embrace satisficing, build trust, create safety nets, and focus on solving problems rather than perfection.

Read Full Article

like

Like

source image

Dezeen

1M

read

9

img
dot

Image Credit: Dezeen

XGIMI creates smart projector that "doesn't need to be hidden away"

  • Chinese brand XGIMI has created a portable projector with a minimalist industrial design.
  • The MoGo 3 Pro projector is compact and designed to be attractive and not hidden away when not in use.
  • It features a 130-degree rotation to display full HD images up to a 120-inch screen size.
  • The projector also functions as a Bluetooth speaker and has ambient light mode.

Read Full Article

like

Like

source image

Medium

1M

read

356

img
dot

Image Credit: Medium

Digital Transformation Essentials: A Comprehensive Guide to 7 Key Information Systems for…

  • ERP systems are widely adopted across industries, particularly in manufacturing, retail, and service sectors.
  • For small and medium-sized businesses in Taiwan, ERP is often the first step towards digital transformation, enabling them to improve internal coordination and integrate seamlessly with other systems.
  • MES systems are ideal for precision industries such as electronics, semiconductors, and food processing, boosting productivity and ensuring consistent quality.
  • As Taiwan transitions towards smart manufacturing, MES systems form the foundation for integrating IoT and AI technologies, setting the stage for enhanced competitiveness.
  • SCM systems are perfect for businesses managing complex supply networks, helping them maintain resilience and agility, especially in manufacturing and retail.
  • With the booming e-commerce industry in Taiwan, WMS adoption is critical for businesses to manage high-volume inventory and meet fast delivery expectations.
  • CRM systems are widely used across industries, enhancing customer retention and satisfaction by combining them with big data analytics for personalized experiences.
  • OA systems offer a cost-effective way to digitize daily operations for resource-constrained SMBs in Taiwan.
  • PMS systems play a vital role in ensuring timely and profitable project delivery, especially in project-driven industries like construction, engineering, and IT services as more Taiwanese firms adopt international standards.
  • By leveraging these interconnected systems, businesses can achieve greater operational efficiency and agility.

Read Full Article

like

21 Likes

source image

Medium

1M

read

130

img
dot

Image Credit: Medium

Mastering Product Management: 6 Essential Thinking Models to Elevate Your B2B Product Design

  • Mastering Product Management: 6 Essential Thinking Models to Elevate Your B2B Product Design
  • 1. Summarize complex requirements into clear objectives for alignment.
  • 2. Segment functionality to simplify complex processes and improve control.
  • 3. Streamline processes without compromising functionality.
  • 4. Minimize dependencies and automate to reduce complexity.
  • 5. Prioritize clear interfaces and consider reverse and exception flows.
  • 6. Design features with future scalability and external integrations in mind.

Read Full Article

like

7 Likes

source image

Medium

1M

read

94

img
dot

Image Credit: Medium

How Instagram Reels Redefined My Experience — and Why I’m Looking Forward to Their Next Move

  • Instagram Reels launched in August 2020 and quickly became a popular source of entertainment during COVID-19.
  • However, the dominance of algorithm-driven Reels started to overshadow personal connections.
  • Instagram aims to bring people closer together and is refocusing on its community-focused roots.
  • Enhancements to Instagram Stories could prioritize close friends' content and make the platform more meaningful.

Read Full Article

like

5 Likes

source image

Medium

1M

read

180

img
dot

Image Credit: Medium

Making the Move from UX to Product Experience

  • UX design is evolving towards holistic product experience (PX) to align user satisfaction with business success, organizational goals, and cultural impact.
  • PX takes a step back and sees the bigger picture by asking how the product fits into the users' life, contributes to their goals over time, and fulfills the promise of the brand or business.
  • While PX includes UX, it encompasses more product journey facets such as marketing, sales, customer support, and emotional resonance of the brand.
  • PX is crucial for modern product design as users want products that connect with their values and fulfill deeper emotional layers of engagement.
  • PX builds brand loyalty, aligns business goals and user needs, and meets bottom-line without compromising user value.
  • Making the leap from UX to PX requires a shift in both perspective and practice.
  • Designers can start by mapping the entire user journey and collaborating across teams to ensure every part of the product experience feels unified and intentional.
  • Design for longevity and emotions and measure holistically, tracking metrics like customer lifetime value, NPS, and user retention to evaluate the success of the PX strategy.
  • PX is the next step in putting people first, and it challenges designers to create the kind of experiences that people will remember, trust, and love.
  • Beyond tasks and interfaces, designers must recognize that users have goals, emotions, and lives that extend far beyond the boundaries of screens, and design accordingly.

Read Full Article

like

10 Likes

source image

Medium

1M

read

126

img
dot

Don’t Be Nokia: The Startup Founder’s Guide to Staying Relevant

  • Success often breeds comfort, but in the startup world, comfort can be fatal.
  • To avoid becoming irrelevant like Nokia, startups should focus on customer problems, embrace change, and build for the future.
  • Rather than just adding features, startups should understand and solve evolving customer problems.
  • Staying ahead of trends, listening to feedback, and being open to new ideas is crucial for staying relevant.

Read Full Article

like

7 Likes

source image

Medium

1M

read

94

img
dot

Image Credit: Medium

How to Boost Your Vacation Rental’s Bookings During the Off-Season

  • Create attractive packages, such as discounted rates or add-on services for longer stays.
  • Highlight off-season events and activities to attract guests.
  • Refresh listing's photos and descriptions to showcase seasonal highlights.
  • Run social media ads and email promotions targeting off-peak deals.

Read Full Article

like

5 Likes

source image

Medium

1M

read

275

img
dot

Unlocking Your Best Self: 15 Transformative Habits for a Fulfilling Life

  • Take a moment each morning to reflect on what you're thankful for.
  • Regular exercise boosts mood, increases energy levels, and reduces stress.
  • Fuel your body with nutrient-rich foods and set clear intentions each day.
  • Practice mindfulness, embrace failure, and never stop learning.

Read Full Article

like

16 Likes

source image

Medium

1M

read

36

img
dot

Image Credit: Medium

Product and Tech Organisation design and optimisation

  • 'Why?' organisations want to move to this model – obvious right?
  • To transform into a Product Management and Development led organisation, companies must focus on the following:
  • Leadership Buy-In, Organizational Structure, Cultural Shift, Processes and Tools, Talent Development, Customer Engagement, Change Management
  • This holistic approach ensures a smooth shift to a product-led model, driving innovation, competitiveness, and customer satisfaction.
  • The rise of product management reflects the increasing complexity, speed, and customer-centricity required to succeed in today’s markets.
  • Organisations now see it as a core capability for innovation and long-term relevance.
  • Companies implementing Product Management model must work hard towards Leadership Buy-In, Organizational Structure, Cultural Shift, Processes and Tools, Talent Development, Customer Engagement, Change Management.
  • Companies should take some time to work out if it’s the right thing for your type of company.
  • This is a revolutionary change to be taken up by a company and might not be a good fit, reflect hard before beginning with a new model.
  • It is essential to address the changes in mindset and approach prior to execution in order to benefit from Product management.

Read Full Article

like

2 Likes

source image

Medium

1M

read

203

img
dot

Image Credit: Medium

Notion: Swiss Army knife of workspace solutions

  • Notion underwent a full revamp in 2015 and redefined itself as an intuitive, modular workspace.
  • A 2018 redesign focused on discovery, onboarding, engagement, retention, and advocacy, leading to exponential growth.
  • Notion generates revenue from subscription fees and is targeting enterprise customers.
  • Improvement areas for Notion include limited offline functionality, performance issues, data security concerns, and enterprise penetration.

Read Full Article

like

12 Likes

source image

Medium

1M

read

198

img
dot

Image Credit: Medium

Own the last mile: Why and how designers can shape product onboarding

  • Product Announcements, Tours, and Walkthroughs are essential to improve user adoption, reduce support burden and time to value, increase satisfaction, enhance engagement and retention, and expand revenue.
  • Understanding how updates impact real-world implementation, training, and workflows makes designers more mindful, design with greater intention, and focus on the user’s end-to-end journey.
  • Designers should own communication, ensuring consistency in the user experience, aligning seamlessly with the product and brand.
  • Digital Product Onboarding Announcement for a major redesign should be enthusiastic, supportive, with a call to action 'Try it now' or 'Learn more'.
  • Digital Product Onboarding Announcement for a feature release should be friendly, informative, clear, and exciting, with a call to action 'Learn more'.
  • Digital Product Onboarding Announcement for a performance improvement should be reassuring, focused on reliability, with a call to action 'Try it now' or 'Learn more'.
  • Digital Product Onboarding Announcement for a beta launch should be exciting, casual, inviting, with a call to action 'Learn more'.
  • Digital Product Onboarding Announcement for pricing/policy change should be professional, transparent, empathetic, with a call to action 'Claim your offer now' or 'Upgrade'.
  • Digital Product Onboarding Announcement for an offer/promotion should be fun, playful, urgent, with a call to action 'Learn how to enable 2FA' or 'Turn on now'.
  • Digital Product Onboarding Announcement for a critical security update should be authoritative, clear, reassuring, with a call to action 'Learn more'.

Read Full Article

like

11 Likes

source image

Medium

1M

read

361

img
dot

Image Credit: Medium

15 Shocking Product Management Statistics That Highlight Industry Trends

  • Most products fail to deliver value to customers, emphasizing the need for market research and data-driven decision-making.
  • Over half of product managers focus on long-term strategy, shaping a company's future direction.
  • Agile methodology increases the chances of delivering successful products on time.
  • Companies are allocating more resources to product management to drive innovation and growth.

Read Full Article

like

21 Likes

source image

Medium

1M

read

289

img
dot

Image Credit: Medium

The Ultimate Guide to Finding Your Ideal Customer Profile (ICP): How to Stop Being “Everything to…

  • Defining your Ideal Customer Profile (ICP) is essential for SaaS companies to thrive.
  • An ICP identifies customers who extract the most value, stick around, and provide the best ROI.
  • Successful SaaS companies start with a narrow ICP and expand later.
  • Examples include Slack, Dropbox, Zoom, and PayPal.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app