Impekable’s Post

🎓 I've written my first article 👨🎓 on building discovery processes in product management, where I explain how I structure tasks to select the right methodology for them. For the topic of my next article, I want to explore one of the ideas described in this article. If something resonates with you and you want more details, please write in the comments, and the next article will be about the most popular topic.

One of the best articles I have ever read on Product Management. Simple and to the point.

🛠️ 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗣𝗹𝗮𝗻𝗻𝗶𝗻𝗴: 𝗧𝗵𝗲 𝗙𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻 🛠️ In product management, 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴 is the cornerstone of product success. It's the process where great products begin—by identifying and articulating market needs, defining features, and ensuring that every aspect of the product aligns with what users truly want. The 𝗕𝗹𝗮𝗰𝗸𝗯𝗹𝗼𝘁 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗿'𝘀 𝗧𝗼𝗼𝗹𝗸𝗶𝘁® (PMTK) methodology emphasizes that without solid product planning, even the most innovative ideas can fail to resonate with the market. Product planning is more than outlining features; it's about deeply understanding the problem space and the market and crafting a solution that effectively meets those needs. Why is product planning so critical? It sets the direction for the entire product development lifecycle. By focusing on the user's needs and the market's demands, product planning ensures that the product functions well and provides real value to its users. It's the difference between a product that works and a product that truly succeeds. PMTK offers a structured approach to product planning, providing clear models and processes that help product managers avoid common pitfalls and ensure their products are designed with purpose and precision. 👉 𝗪𝗮𝗻𝘁 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴 𝗳𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀? Dive into the relevant chapters of the PMTK book to master the art of product planning: 𝘊𝘩𝘢𝘱𝘵𝘦𝘳 5: 𝘗𝘳𝘰𝘥𝘶𝘤𝘵 𝘋𝘦𝘧𝘪𝘯𝘪𝘵𝘪𝘰𝘯 𝘛𝘦𝘢𝘮 - This chapter covers the formation and functions of the product definition team, which is central to the product planning process. 𝘊𝘩𝘢𝘱𝘵𝘦𝘳 6: 𝘊𝘳𝘢𝘧𝘵𝘪𝘯𝘨 𝘔𝘢𝘳𝘬𝘦𝘵 𝘙𝘦𝘲𝘶𝘪𝘳𝘦𝘮𝘦𝘯𝘵𝘴 - This chapter focuses on gathering and articulating market and product requirements and creating an MRD and PRD, critical steps in product planning. #ProductManagement #ProductPlanning #PMTK #ProductSuccess #Innovation #Strategy #Leadership Blackblot - Product Management Expertise™ is the developer of the PMTK® methodology and the premier provider of private training, certification, tools, and expert services for market leaders and innovators worldwide. ◌

Prioritization is the integral part of effective product management! Here's why it matters and some popular techniques. A) What is prioritization and its importance in product management? Prioritization is the process of determining what tasks, features, or projects to focus on first based on their significance and impact. In product management, it's crucial because it ensures resources are allocated efficiently, timelines are met, and customer needs are addressed promptly. For instance, in a software development project, prioritizing bug fixes over cosmetic enhancements can lead to a smoother user experience and higher satisfaction. B) Various prioritization techniques commonly used in product management: i. MoSCoW Method: Categorizes tasks into Must-haves, Should-haves, Could-haves, and Won't-haves, helping teams focus on critical features. ii. Weighted Scoring: Assigns numerical values to features based on criteria such as impact, effort, and feasibility, allowing for quantitative comparison. iii. Kano Model: Classifies features into basic, performance, and delighters, enabling teams to prioritize based on customer satisfaction and competitive advantage. iv. RICE Framework: Rates features based on Reach, Impact, Confidence, and Effort, providing a systematic approach to prioritization. v. Eisenhower Matrix: Divides tasks into four quadrants (Urgent and Important, Important but Not Urgent, Urgent but Not Important, Not Urgent and Not Important), helping product managers distinguish between tasks that require immediate attention and those that can wait. #ProductManagement #Prioritization #ProductDevelopment

🚀 Maximize Your Product Team’s Potential with Lean Product Management! 🚀 In my latest blog post, I explore Lean Product Management strategies that can revolutionize your team's operations. Discover insights on streamlining processes, reducing waste, and enhancing customer value. I delve into the cultural and organizational shifts necessary for successful Lean implementation. Join me to learn how to cultivate a mindset of continuous improvement, foster cross-functional collaboration, and align your team for delivering exceptional value with minimal inefficiencies! 👉 Check out the blog here: https://lnkd.in/eqSrfEkJ #LeanProductDevelopment #LeanProductManagement #Agile #ProductDevelopment #ProductManagement #Lean

Rethinking Product Management: What It's Really About Product Management is NOT about: - Asking customers for requirements - Writing detailed specs - Creating prototypes and wireframes - Assigning tasks to developers - Verifying and accepting others' work - Obsessing over velocity, deadlines, and roadmaps - Perfecting Scrum or any framework - Acting like the CEO of the product Anyone can do that. It's about: - Understanding customers' problems, needs, and desires - Grasping the market and business deeply - Collaborating closely with engineers and designers - Identifying opportunities, ideating solutions, and tackling risks together - Aligning customer goals with business goals - Influencing others towards a common goal - Being humble (it’s okay not to be the smartest in the room) - Experimenting to validate assumptions - Leading without authority - Turning chaos into clarity Start with these questions: Why are we building this? Why now? For whom are we building it? What's our product's unique value? How does it align with the company's vision? How does it fit the business strategy? What does success look like? How can we measure it? What are the customer needs/jobs (functional, emotional, social)? How will it impact our customers and users? How will it create business value? Can we buy instead of build? How can we ensure customers will love it? Will our customers know how to use it? Can our business support it (legal, finances)? Is it feasible with existing technology? How can we bring it to market? Do we have the channels? Should we do it at all? Any ethical considerations? What are the riskiest assumptions? How can we validate them? What does the data tell us? How can we get maximum learning with minimal effort? Be curious. Learn and experiment. Question solutions and push back on handed-down ideas. Remember, product management is about creating a "product customers love, yet also works for our business" (Marty Cagan, Inspired), not about pleasing stakeholders.

A nice overview of Product Management.

The Ultimate Guide to Product Management: The question, “What is product management?” comes up pretty often, even from experienced business people. One reason is that product management encompasses a wide-ranging area of responsibilities. Indeed, the role itself means very different things in different organizations. Here is the most concise response we’ve come up with for the “What is product management?” question: Product management is the practice of strategically driving the development, market launch, and continual support and improvement of a company’s products. Of course, that is an abstract explanation of the role. So what is product management? What does the job entail? # https://lnkd.in/grzF2i8s #

From Ideas to Impact: Understanding the Product Management Journey Behind every great product lies a well-structured process that bridges creativity with execution. The product management process isn’t just about building things—it’s about solving the right problems for the right audience at the right time. These stages could constitute an effective product management lifecycle: 1️⃣ Ideation: Every thing is birthed from an idea, but successful products emerge from solving real customer problems. Utilizing Brainstorming Sessions, Customer Interviews, or Empathy Mapping can help identify pain points worth addressing. 2️⃣ Planning: Creating a roadmap that aligns with business goals and customer needs require planning. Techniques like MoSCoW Prioritization (Must-have, Should-have, Could-have, Won’t-have) and User Story Mapping ensure clarity and alignment among stakeholders. 3️⃣ Development: Agile methodologies like Scrum or Kanban shine here. Cross-functional collaboration ensures the product takes shape while remaining adaptable to feedback and iteration. 4️⃣ Testing: Before launch, User Acceptance Testing (UAT) must be carried out, ensuring that the product works as intended. Testing goes beyond functionality—it explores usability, performance, and scalability 5️⃣ Launch: A product launch isn’t just a release; it’s a coordinated effort involving marketing, sales, and support teams. Building momentum with beta users or early adopters can turn a launch into a movement. 6️⃣ Iteration: The process doesn’t end with launch. Continuous improvement, next phase implementation guided by analytics, user feedback, and A/B testing, keeps the product relevant and competitive. Educating teams and stakeholders about this process creates alignment and builds confidence. Ultimately, the idea is to balance user satisfaction, business value, and technological feasibility into one system. Which stage of the product management process do you find the most challenging or rewarding and how do you plan on optimizing product management in 2025?

Understanding Product Management is crucial for successful product development. This involves crafting a strategy that aligns with business objectives and market demands. How can you ensure your strategy encompasses these vital aspects? 👉 Read the full article. https://lnkd.in/d_49_gbE