Product leaders need to keep up with the latest techniques and trends for managing the very best product in their respective market. This is no different from programmers learning a new framework or doctors learning about new methods for treating illnesses. There are many great resources for product managers to stay current including online courses, blogs and seminars.
Listed in no particular order each of these book offers things that you can apply right away. If we treat our product work as a constantly evolving process, learning from our team and from others as we go along, we can be sure that our businesses will have the best chance of being disruptive. …
Learn to tell a story with data
One of the top things I’m always looking to improve is my story-telling. Leaders from top organizations around the world agree that it is an important leadership trait and one which needs a lot of practice to master. There are many books, TED talks, and articles that offer examples of how this trait can be used to sell your vision to your team members, your bosses and your customers. But how do you tell a story using data?
Due to the importance of using data in making business decisions we need to be able to connect sound statistical analysis with an actionable strategy. This means that we must first be able to communicate the results of a technical analysis to colleagues in a way that is easy to understand. However, this is not enough. Simply communicating results should satisfy the logic requirement of your argument but it’s unlikely to get anyone really excited about your vision. …
Efficiency is a function of a solution’s impact on meaningful time savings for key resources within a company. It’s not just about the ROI and cost savings; it’s about the degree to which it helps the business thrive. Improving operational efficiency can be approached in a number of ways. Some methods involve changes to processes or personnel. However, well-designed software applications often have the most benefit for the lowest cost. This article discusses this further with an industry specific example.
When designed correctly, software has the ability to improve business processes with the lowest initial cost. The most common measure of the value of a given solution in the enterprise is the total Return on Investment (ROI) achieved by using it. But products don’t necessarily become ‘sticky’ to organizations by showing long-term savings alone. The real test of value comes from the number of users who feel their job is materially improved and by the depth of integration into their core business processes. …
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