Digital Products & Services: Best of LinkedIn CW 28/29

Hello everyone,

Below are our bi-weekly results for the best LinkedIn posts on Digital Products & Services.

For CW 28/29, we're featuring 40 handpicked posts - no distraction, no fluff - great insights!

Also, check out 19 new people you should not miss out on following.

We have also highlighted Mark Ritzmann 's exchange with WFP's Chief Innovator, Bernhard Kowatsch on tackling global challenges through innovation.

We have also included relevant events focusing on digital products and services.

Anything else we could add to provide additional value? Looking forward to your thoughts and ideas.

Have a great day and many thanks for your insights!

Thomas

Featured in this edition:

Roman Pichler , Peter Hecht , Stephanie Leue , Alex Allan , Alexander Hipp , Diana Matei , Ben Williams , Mirela Mus , Maria Jose Perea Marquez , Petra Wille , Arne Kittler , Armin Ratz , Dotun Awosika , Erik Wirsing , Janis Kretz , Janina Franzkowiak , Rich Mironov , Adam Wakeling , Lenny Rachitsky , Niko Noll , Mark Ritzmann , Hanna Huber , Nico Stein , Ed Biden , Wolfgang Vogl , Susan Stavitzski , Joseph Aladenika. MBA, MSc, SPOC®, FIMC, arpa, CSSGB , Francesca Cortesi , ✨ Büşra Coşkuner , Catrin von Cisewski , David Pereira , Sebastian Schnaitmann , Laura Matz , Lucienne Lacle , Daniel Diener , Javier Andrés Bargas-Avila , Kareem El-Shaffei , Helena Jochberger , Joanna Stoffregen , and Itamar Gilad

The Feature Prioritization Playbook: Making Smarter Product Choices

In the fast-paced world of Digital Products & Services, deciding which features to develop and release first is a significant challenge. With diverse customer requirements, competitive pressures, and market demands, finding the right balance can feel like a tightrope walk (oh, not to forget the limited budgets).

The Challenge: How do you ensure that the features you prioritize deliver the most value? It’s not just about what’s technically feasible or what your team can build quickly. It’s about understanding your customers’ needs deeply, staying ahead of industry trends, and making data-driven decisions.

These are your options for Navigating This Challenge: Don´t pick one - it´s the power of combining them in an efficient way.

1. Customer Feedback: Continuously engage with your customers to gather insights on their pain points and needs. Use surveys, user interviews, and feedback forms to keep a pulse on their evolving expectations.
2. Competitive Analysis: Regularly analyze your competitors to identify gaps in their offerings and opportunities for differentiation. Understanding the competitive landscape can guide you in prioritizing features that give you a strategic edge.
3. Market Demand: Stay informed about market trends and emerging technologies. This helps you anticipate future demands and align your product roadmap with the broader industry direction.
4. Data-Driven Decisions: Utilize analytics to track how users interact with your product. This data can reveal which features are most used and valued, guiding your prioritization efforts.
5. Strategic Planning: Develop a framework for prioritizing features based on their potential impact and feasibility. Tools like the RICE scoring model (Reach, Impact, Confidence, and Effort) can help in making objective decisions.

Struggling with one of these points? We´re always open for a chat and brainstorming.

Tackling global challenges: Insights from WFP Innovation Accelerator and E.ON Group's exchange

Mark Ritzmann shares insights from his exchange with UN WFP's Bernhard Kowatsch and Regina Schmidt . The discussion highlighted the critical role of innovation and technology in solving global challenges like hunger and climate change.

Ritzman emphasizes the potential for collaboration between E.ON Group Innovation and the WFP Innovation Accelerator to address these issues effectively.

Upcoming Events

29 July 2024 | Edge of Industry Podcast | Episode 1: Industrial Connectivity - The Linchpin of Smart Manufacturing by Kepware, a PTC Technology with Stephen Sponseller

30 July 2024 | Smart Manufacturing Mindset: SM Executive Council PoV on U.S. Manufacturing by CESMII with Christopher Micena , Rick Bullotta , and John Dyck

17 August 2024 | Autodesk BIM Technology by CAD Community Asia

10 September 2024 | Smart Cities &. Buildings Day 2024 by IIoT-World

16-19 September 2024 | SLB Digital Forum 2024 by SLB Digital

18 September 2024 | ChainTech Live by Global Supply Chain Council (GSCC) with Max Henry

18 September 2024 | MASTERCLASS: Development, Prototyping, Industrialisation by Christophe Dominé

05-06 November 2024 | The Digital Twin in Industrial Value Creation by VDI Wissensforum GmbH

13-14 November 2024 | Digitale Leute Summit Cologne

14 November 2024 | Conference for Digital Products & Services in Mechanical Engineering by Innovation Hub Bergisches RheinLand

07 December 2024 | Nachhaltige & Digitale Produktentwicklung: Anforderungen an Product & UX by XU sustainable

Best of LinkedIn: Calendar Week 28

The secret to a successful product roadmap: Stakeholder buy-in strategies - Roman Pichler

Key insights from my Industrial Metaverse tour in the UK and Nordic region - Peter Hecht

Crossfunctional teamwork: Breaking down silos for seamless collaboration - Stephanie Leue

Finances for PMs: Navigating financial terms for impact - Alex Allan

Lessons learned from building 100+ opportunity solution trees - Alexander Hipp

How product needs evolve based on start-up stage? - Diana Matei

14 friction logging tactics to boost your product-led growth strategy - Ben Williams

Key takeaways from Mind the Product: AI, B2B, and pharma challenges - Mirela Mus

Democratizing tech transformation: My journey to empower organizations - Maria Jose Perea Marquez

From vision to reality: Fostering PM excellence through strategic development - Petra Wille

Clarity for product leaders - Arne Kittler

How to minimize downtimes in digital customer journeys - Armin Ratz

Growth hacking techniques in product management - Dotun Awosika

How open innovation creates value through collaboration and creativity - Erik Wirsing

Sustainability and flexibility in manufacturing: Daimler Truck AG’s 3D printing advantage - Janis Kretz

Simplify to succeed: The benefits of reducing in product development - Janina Franzkowiak

From features to benefits: Speaking the C-suite’s language - Rich Mironov

Unlocking product insights with AI: A conversation with Mo Hallaba - Adam Wakeling

Jeff Weinstein 's top tip: Start tracking bad days for better product insights - Lenny Rachitsky

From productivity to effectiveness: A PM’s guide to real impact - Niko Noll

Best of LinkedIn: Calendar Week 29

Tackling global challenges: Insights from WFP Innovation Accelerator and E.ON Group's exchange - Mark Ritzmann

Digital transformation in real estate and construction: Insights from our ZIA panel discussion - Hanna Huber

Digital transformation at SENNEBOGEN: Insights from CIO Alexander Aumer - Nico Stein

Mastering the red and blue phases: Essential skills for full stack PMs - Ed Biden

Navigating your product management career: Startup vs. scale-up - Wolfgang Vogl

The unsung hero of product management: Meeting preparation - Susan Stavitzski

Navigating the mental challenges of product management - Joseph Aladenika. MBA, MSc, SPOC®, FIMC, arpa, CSSGB

Evolving perspectives: 10 principles that changed after a decade in product management - Francesca Cortesi

Bridging the gap: Effective reporting for successful product experiments - ✨ Büşra Coşkuner

From living labs to mobile apps: The future of smart city engagement - Catrin von Cisewski

Product-led growth essentials: Key takeaways and strategies for success - David Pereira

Discover the latest FEIN innovations at our new shop-in-shop - Sebastian Schnaitmann

Syntropy to Catalexis: Real-world applications of Merck Group’s digital innovations - Laura Matz

Streamlining communication: Key to tech project success - Lucienne Lacle

Billions at stake: 90% of German companies unprepared for digital accessibility - Daniel Diener

Integrating user journeys into your product lifecycle - Javier Andrés Bargas-Avila

Adapting product roadmaps in dynamic startup environments - Kareem El-Shaffei

Leveraging Generative AI to shorten product development cycles in R&D environments - Helena Jochberger

Transform your product strategy with the right questions - Joanna Stoffregen

6 product manager stereotypes to avoid - Itamar Gilad

Whom to Follow on LinkedIn - Newly Added

What's Next?

You'll be receiving our Digital Products & Services newsletter biweekly going forward. We'll filter out and handpick the most relevant posts each week to help you navigate the LinkedIn jungle and find real value.

We look forward to hearing your thoughts.