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Productmanagers hold a unique position in the company: they depend on people from other groups, but they do not have managerial authority over those people (in most cases). Therefore, a productmanager must earn the trust of people in the organization and influence them to do their jobs effectively and efficiently.
In most companies productmanagers have a lot of products and significant responsibilities. With all the meetings, floods of email, and requirements to manage, the thought of focusing on a product’s profitability can be illusive. It’s not impossible, however.
Tribevest founder Travis Smith went on a fishing trip with his brothers in 2008 that he says they couldn’t afford. Until now, the company has been focused on building out and streamlining its core functionalities like launching and managing LLCs and making transactions, Smith said. .
– The ProductManagement Perspective: Trust is the most important characteristic a productmanager can possess. Study Covey’s book and practice the principles he so eloquently teaches. Every aspect of your life will improve. Trust is key to understanding your customers and your market.
For those of you not familiar with the Cranky PM, she is “a fictional productmanagement professional at a fictional enterprise software vendor named DysfunctoSoft.&# She blogs about what she calls “fictional stories&# of productmanagement and product marketing professionals.
– The ProductManagement Perspective: The ten actions above are important for successful product leadership. If you are leading a team of productmanagers, pay special attention to the following: #2: Goals point you and your team to the future. Build relationships of trust.
“Do business by design rather than by default.&# — The ProductManagement Perspective: We will improve our effectiveness and our ability to work with others by giving careful thought to these questions. As product leaders we need to plan and then move forward with focus and energy.
– The ProductManagement Perspective: This is a great book for productmanagers. According to Robin Sharma , the author of The Leader Who Had No Title: A Modern Fable on Real Success in Business and in Life , anyone can be a leader.
After listening to others pitch me a few different job opportunities while still at Google in 2008, it became clear to me that I would make a better decision if I could fully explore the larger landscape of new companies emerging in Silicon Valley. More posts by this contributor. Building A Diverse Board Makes Sense For Startups.
“It’s comparable to the financial crisis of 2008, when poor financial products were lumped together in order to diversify risk and make them look better than they actually were,” he writes. To wit: Five Flute, an issue-tracking platform for hardware productmanagers, recently raised a $1.2M
Perhaps the one that comes most naturally is the management myth: productmanagers rarely manage the people or processes necessary for their products’ success.
What struck me the first time I listened to this podcast is how beautifully these principles apply to productmanagement, to leadership and to life in general. During this conversation Larry shares the strategies that have made his teams successful through the years.
— The ProductManagement Perspective: Most productmanagers do not “manage&# other people (in the traditional HR sense of the word). 6 Responses The Vision Quest « Where the ProductManagement Tribe Gathers , on December 22, 2009 at 8:51 am said: [.]
In his book HALFTIME: Moving from Success to Significance , author Bob Buford explores three stages of life: The first half: On average, the first 40 years of your life. In his book HALFTIME: Moving from Success to Significance , author Bob Buford explores three stages of life: The first half: On average, the first 40 years of your life.
— The ProductManagement Perspective: Trust is vital to successful productmanagement. Productmanagers create value for their co-workers on other teams (e.g. Productmanagers create value for their co-workers on other teams (e.g. They work together to build trust.
Filed under: Techology , Market-driven , ProductManagement / Marketing Tagged: | social media , Chris Brogan , Julien Smith , Mitch Joel , community , tribe « Leadership and learning Five championship strategies » Like Be the first to like this post. Theme: Digg 3 Column by WP Designer.
– The ProductManagement Perspective: Productmanagers have a great opportunity to lead and influence others in their company. They put as their first concern the growth and development of the people with whom they interact.
— The ProductManagement Perspective: Productmanagers are in a prime position to provide value to their organizations. Rather than stressing about how you can get more money for money’s sake, focus instead on how you can provide more value to more people. All sorts of wealth will flow from this mindset.
Lucidchart Lucidchart, initially released in 2008, is a cloud-based diagramming application that enables visual collaboration, allowing teams to tackle complex problems together in real-time using tools to draw, revise, and share charts and diagrams.
— The ProductManagement Perspective: The importance of persistence in creating great products cannot be overstated. Great productmanagers learn from past mistakes and continue to press forward regardless of the obstacles they face. In addition to persistence, I think productmanagers need to be flexible.
If you compare the skill and precision of crop dusting to market sensing techniques, shouldn’t productmanagement employ similar planning, preparation, techniques and proper ground support before taking off? For some insights on win/loss see the Strategic ProductManager and On ProductManagement.
— The ProductManagement Perspective: Technology continues to evolve ever more rapidly. How can you — the productmanager — keep up? Colin Powell Make it your objective to be a life-long learner; every aspect of your life will benefit. Markets change quickly. You have to be a learner.
They expect productmanagers to show them how their products can solve problems and help them succeed. Please see Product Marketing for Start-ups on the ProductManagement Pulse. They expect marketers to stop pitching things and start helping them understand how they can get what they need.
– The ProductManagement Perspective: Much has been written about product owner vs. productmanager. To me, “product owner&# was just an agile title for the guy who fed requirements into the dev team. The owner gets the resources and funding to develop his products. Leadership is a choice.
— The ProductManagement Perspective: Productmanagers are most often leaders by nature; however, they most often do not have anyone reporting directly to them. The more you increase the value of others the more your value increases.
– The ProductManagement Perspective: Building effective relationships is absolutely crucial for success in productmanagement. Productmanagers rely heavily on other people — engineers, sales people, support, etc. — to ship successful products.
Too many times leaders or managers think if they say their word the people will understand what they mean and become motivated to do what they say. – The ProductManagement Perspective: The need to speak the language hit home with me in recent months while working on a major product release.
My productmanagement focus has shifted significantly to the experience of the end users. The change has resulted in an entirely different product that (two weeks into the beta) is showing positive signs. One Response | The Productologist: Exploring the Depths of ProductManagement , on August 24, 2010 at 9:15 am said: [.]
— The ProductManagement Perspective: Nothing comes easy in productmanagement. However, when PMs work diligently, and effectively with their teams, they find satisfaction in the resulting success of the products, and ultimately the company. It’s simple but true.
— The ProductManagement Perspective: The ideas for this post came from a question posed to me about how an engineer can become a productmanager. Following these three things will help you progress from your work as an engineer (or support or SE or any other job) to becoming a successful productmanager.
My excuse (and I’ve heard this from many productmanagers) is that I’ve been heads down on an intense product release and it’s sucking all my time and energy. I started this blog (in 2007) to promote leadership principles in productmanagement. While that is true, it’s no excuse.
— The ProductManagement Perspective: Trust is vital for productmanagers. The people they depend on for the success of their products do not (usually) report to them; therefore, productmanagers need to do everything in their power to gain the their trust and keep their confidence.
At the heart of most problems that occur in business settings you find the following: Lack of influence Poor teamwork Mediocre productivity. Filed under: Team Building , Trust , Integrity , ProductManagement / Marketing Tagged: | crucial conversations , Communication , influence , power « Guest Post: Talk is Cheap!
Wayne Dyer , Nike , opportunity « Value comes from work Interview with the Cranky ProductManager » Like Be the first to like this post. One Response Igor , on August 30, 2009 at 12:29 am said: Often times, opportunity disguises as failure or crysis. Take Advantage! Theme: Digg 3 Column by WP Designer.
Are you taking advantage of the many Product Camps or “Un-Conferences” offered this year? Product camps are a great place for productmanagement professionals and leaders to step away from the day-to-day and engage in a day of learning and networking. Jim; “What are the benefits of attending a Product Camp?”
— The ProductManagement Perspective: Product success usually starts the same way as personal success: someone has an idea. If (like me) you have no recollection of that program, you’ll still benefit from the great message. Take a few minutes and watch this video.
Then there’s productmanagement… — The ProductManagement Perspective: One of the least palatable realities of productmanagement is that applause and acknowledgment of great work does not come immediately; sometimes it comes slowly and many times not at all. This is the nature of the job.
Filed under: Leadership Tagged: | competition , goals , John Durfee , success « Three practices of successful productmanagers Leadership and ProductManagement » Like Be the first to like this post. Theme: Digg 3 Column by WP Designer.
Among other steps, he suggests that founders double down on developing and proving the quality of their products, manage risk and look for ways to shore up their company’s ranks with high-performing talent. inflation remains above 7% and short-term borrowing rates are at their highest level since January 2008.
— The ProductManagement Perspective: Recently I’ve received some great feedback from co-workers and customers. It’s a positive thing to receive feedback that — though painful at the time — gives you a new perspective on where your products are headed.
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