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Product Management News

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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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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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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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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

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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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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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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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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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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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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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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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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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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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The Science Behind Time Management: Why It Matters for Success

  • Good time management can boost focus by 30% and reduce stress hormones like cortisol, leading to success.
  • Understanding the psychology and biology behind time management is crucial for productivity and success.
  • The brain's internal clock, linked to regions like the basal ganglia and cerebellum, plays a key role in time perception and management.
  • Focus, attention, and energy cycles heavily influence how time is experienced and managed in daily tasks.
  • Mastering time management isn't just about doing more but rather improving efficiency and decision-making under pressure.
  • Effective time management leads to higher earnings, faster career progression, improved well-being, and decreased stress levels.
  • Productivity tips like working in focused bursts, avoiding multitasking, and prioritizing tasks can enhance time management skills.
  • Understanding your body's natural rhythms and energy patterns can help optimize your productivity and task performance.
  • Consistency, setting specific goals, avoiding distractions, and using proven techniques are vital for successful time management.
  • Implementing science-backed methods like the Pomodoro Technique and habit stacking can lead to lasting time management improvements.

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Why Most Product Roadmaps Are Lies (And How to Fix Them)

  • Most roadmaps are built like New Year’s resolutions—ambitious, optimistic, and largely unrealistic.
  • The Problem: Roadmaps Are Based on Assumptions, Not Truth
  • A 2022 ProductPlan survey found that 54% of product teams say their roadmaps change significantly every quarter.
  • The First-Principles Approach to Fixing Roadmaps

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