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Product Strategy, Roadmap and Prioritization - The GL(c) Model
It doesn’t matter whether you are a product manager or not, if you have ever tried building a product, there are three keywords that you would have come across for sure; Strategy, Roadmap and Prioritization. In all organizations, these three keywords are used in every context whenever there is ambiguity and decision making is hard.
Dunning-Kruger Effect: A Blind Spot Every Product Manager Should Watch Out For ...
In 2009, My team and I were working on a prototype assuming that one day TVs will be connected to the internet and when that happens, advertising will become programmatic similar to what was online display advertising on the internet in those days. but more than that, people will also have second screen devices and the content they’ll be watching on the TV will be influenced with their second screen devices activity.
The IKEA Effect and its Friends : Nemeses of a Product Manager
In 2001, I was working on developing a software licensing system that managed distributed license keys for any software using server based floating licensing mechanism. Yes, Remember the old days of client server architecture and buying software was still not so common as it was expensive. Nostalgia aside, I was a software engineer coding in Java who believed that the system was working fine and my piece of code was working as expected.
Why organizations should worry about Optimism Bias and structure its KPIs carefully ?
Products are built the same way life has evolved and will keep on evolving in the future. The Red Queen Effect defines it well that how organisms must constantly adapt, evolve and proliferate in order to survive when pitted against ever evolving rival organisms in a constantly changing environment. Most of the technology companies across the world have very similar organisational structures.
Why average as a metric is misleading and should not be considered for any kind of decision making ?
Did you know India’s per capita income for FY 2018-19 was Rs. 1,26,406 and for FY 2019-20, it is expected to be Rs. 1,35,048 ? Per capita income can be defined as average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area’s total income by its total population.
Why Good Products Fail Despite Having Best Engineering Teams And Process Management Systems ?
“It used to be thought that the events that changed the world were things like big bombs, maniac politicians, huge earthquakes, or vast population movements, but it has now been realized that this is a very old-fashioned view held by people totally out of touch with modern thought. The things that change the world, according to Chaos theory, are the tiny things.
Building a product feature without knowing what the customers need ….
Talk to anyone in the senior management including the CEO, CTO, Sales head, Engineering head , & everyone else and they’ll define the problem statement, create the requirements, propose a solution, design and detail out implementation specifics and even create a multi-phase release plan in less than an hour. All of this gets done for a product feature that the customers themselves are not even sure whether they need it or how they are gonna use it ?
#CoffeeBudget - A Secret Weapon in the Arsenal of Product Managers and Entrepreneurs
Alright! First of all, the term Coffee Budget is not a standard term. I coined this term in context of Entrepreneurship and Product Management. In my entrepreneurial journey of 5 years or so, I have met hundreds of people that include other fellow entrepreneurs at similar level as mine, the beginners, founders of successful startups, Angel investors, VCs of almost all shapes, sizes and stages, advisors, mentors, corporate big wigs or senior management officials, govt.
