Reads & listens
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Allocating resources to product management to build better outcomes is more important than ever before, according to more than 500 surveyed product strategy and product management tool/solution selection decision-makers, as part of a commissioned study conducted by Forrester Consulting on behalf of Productboard.Organizations with advanced product management practices are more likely to over-perform on business-critical goals, including a 52% greater chance of increasing customer retention. Check out the full infographic for more statistics that demonstrate how organizations with advanced product management practices are more likely to over-perform on business-critical goals.
📊NEW REPORT! We recently partnered with Product Collective for the third year in a row to survey 1400+ product managers & leaders on how they are approaching product management in times of uncertainty.💡Nearly half of our respondents experience major challenges with setting a clear product vision and strategy🗺️ Confidence in product roadmaps has waned year over year🛠️Product orgs are still not leveraging purpose-built toolkits to ply their trade, resulting in fragmented workflows and greater difficulty aligning across multiple stakeholdersDownload our third annual Product Excellence Report for an inside look at modern product management.
Only 5% of new products survive… in order to avoid becoming yet another product failure statistic, access our free product manager survival guide. This all-in-one resource hub provides: Roadmap prioritization strategies Tactics for overcoming product failure Examples of excellent product roadmaps Stop making costly product mistakes, and start building products your customers actually want!
Adobe released its 2022 emoji report today. 😂 took first place followed by 👍❤️🤣 and 😢 Apparently 🤠is the most misunderstood and many don’t see themselves reflected in emoji. How do emojis show up in your work as product makers? Are they part of your communication toolkit? An embedded part of your culture? And do they help you more effectively communicate?
Looking to up-level your leadership skills and build best-in-class product teams?We know it’s extremely hard to find real-world examples and best practices, so we’re sharing the inner workings of the Productboard product team (and beyond!) in a new video series — Excellent Product Leadership.Episode 1 dives into strategies for championing your product vision and strategy. In a recent survey, we found that product leaders are 58% more likely than the ICs on their teams to report that they have a clear product vision and strategy. That’s a pretty big gap — and a big issue if your goal is to empower your teams to solve big problems on their own. You can watch the first episode here. Let us know what you think by commenting in the thread below!
A few favourite reads and listens for the week:Tim Cassola had a great piece that I somehow missed on healthier communication patterns and the challenges that come with growth. I liked the suggestions about starting with small teams, spending the time upfront on strategy and goals and clearly articulating the problem to solve but there’s lots of good tips in this one. A good blog post from the folks at Intercom on recent HBR research into the importance of effective customer engagement including how it influences retention, the criticality of cross-functional collaboration, and other tips Jason Knight’s podcast is always filled with gold, but this recent episode on measurable improving managers with Ross Laraway is totally worth a listen if you are leading a product team. András Juhász has some good tips building a passive product feedback system and the value this can bring to a product team and organization including lower acquisition costs and effort, a wider range of data from whic
Productboard’s new video series Behind the Roadmap gives you an inside look at product managers and leaders from all industries and stages of their careers — with a lifestyle twist! In episode 1, Sophie Lalonde, Group Product Manager at Productboard, talks about her journey into product management and the day-to-day tasks that shape her role. You can watch it here.Upcoming episodes will feature Hope Gurion, founder of Fearless Product, Martin Felcman, VP Product at Deepnote, Alon Bartur, founder of Switchboard, and more! Let us know what you think in the comments below or directly on YouTube!If you’re in NYC or the SF Bay Area and are interested in being filmed for the series, shoot me a note at email@example.com!
Sharing a few of my favourite reads & listens this week:Katja Lotz, engineering manager at Epidemic Sound shares some thoughts on the key aspects of managing senior engineers. Marty Cagan called out that now is the time to build and that “...companies that do not yet have the products they need to sustain their business, [should] focus their energies on building”. Jade Rubrick wrote today about how many new managers think their job is to ‘protect the team’ and why it’s a mistake to focus on being a shit shield 💩 Ken Norton was on Holly Hester-Reilly’s Product Science podcast and re-echo’d what Rich Mironov has said about product being best taught through apprenticeship. It was a good listen What’s caught your eyes and ears in the past week? Share it below
A few product-related reads I wanted to share:If you’re looking for a job, Lisa Zane had a good piece in her Conscious Product newsletter about the value of creating a 1-pager in advance that summarizes things like your unique value proposition; research on the company, team and role; and questions you have for the team A friend recently shared this piece from Josh Elman on interviewing your first product manager Rich Mironov on the value of paying it forward especially in these times of tech layoff Itmar Gilad shares his perspectives on how much product discovery is enough?Got something you’re reading or listening to? Share it in a new topic in this category.
A few product reads and listens to share:Carta just published its state of startup compensation for H1 2022. It’s an interesting piece that used data from more than 127,000 records from startups using their comp tools. Lab Zero shared a great piece How does Discovery Add Value? Jeremiah Lee’s post on Failed #SquadGoals from 2020 surfaced again recently. It’s a good reminder that frameworks like the Spotify Model don’t always translate from org to org Fabrizio Avantaggiato shares his simple guide to create a strong vision for your yet to be launched products. Daw-Chi Liou shared this great post on React explained for product managers Michele Hansen (who did an event with us earlier this year) spoke about Customer Interviewing on the Product Quest podcast.
Sharing a few reads and listens from the past few days:The Atlantic - The Case for Mindful Cursing has some insights into the benefits of swearing, just a little. Maybe we as PMs need to be ok with the occasional F-💣 Basecamp’s Seven Shipping Principles This piece, Stripe: Thinking Like a Civilization is an interesting look into the value of their cultural power.
Are you looking to revamp your product processes? Check out this blog post that our Engagement Managers (from the Productboard Professional Services team) recently put together to outline the key decisions our customers make when revamping their product processes!
Recently I’ve been going through the process of being diagnosed with adult ADHD, it seems off topic at first but a lot of quirks from having ADHD are also what make me a great product manager, interesting listen all round, especially if you are also working on products that help people focus! https://www.alieward.com/ologies/adhd
If you're already a PM, then you may have experienced this.Waiting on your legal team to approve T&Cs, a disclaimer, a screen or a functionality... or worse: not being able to release because your legal counsel says your feature poses a legal risk 😫 As product managers, we often leave legal reviews to the very end of the development cycle, resulting in frustration for both product and legal teams. What if we could partner with our lawyers and collaborate to design better products? Listen to this episode with Gabriela Porto, Head of Compliance at Flo health, a women's health app. I am curious to see if this resonates with people in this community. Have you had challenges as a PM with your legal team? Has the episode inspired you to work better with them?
In this new blog post, Melissa Suzano shares a list of 51 product management conferences to check out in 2022. Are you considering attending any product management conferences in 2022? Please drop a comment below and let us know where you are heading!
Looking for an informative and entertaining podcast? Check out Acquired. Acquired shares how some of the great companies in tech were founded, grown, and in some cases, acquired. My favorite episodes have been The Atlassian IPO and The Complete History and Strategy of DoorDash.Are you a fan of Acquired? Please let me know what episode to check out next!
Michael Lewis’ podcast Against the Rules, had a great episode recently on how Athenahealth truly got to the root understanding of a problem by recognizing the overlooked experts.This story about “finding the L6” (the real expert) is gold. True product excellence is about truly understanding the problem and getting to a great solution.
How 383 used Productboard and Mixpanel to enable Busy Bees to develop an industry-first digital platform
I enjoyed reading this post, which shares how 383 used Productboard and Mixpanel to help their client generate 1.2 million content views and 10,000 downloads in the first two weeks of launching their app. It's inspiring to read about teams coming together to make a life-changing product for families worldwide.
Last week I listened to several episodes of Product Thinking with Melissa Perri. I enjoyed her perspectives on when to ship a product, career advice for new PMs, and her conversation with John Cutler on product education and career challenges. Have you listened to Product Thinking? What other episodes should I be sure to check out? 🎧
Here's a fascinating interview with sociologist Heejung Chung, author of The Flexibility Paradox. In her book, Chung shares that "when workers are given flexibility, they generally work harder and longer—and they think more about work during non-work time.""One analysis of 32,000 German workers found that those with control over their schedules logged four additional hours of overtime a week compared with people on fixed schedules."The interview has some insights and recommendations that are important to keep in mind as so many of us remain working from home and enjoying flexible hours. 💼
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