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Archive | Product Management

General posts about Product Management

Product Management Framework

The Importance of a Product Management Framework

What is a Product Management Framework? In order to understand what a Product Management framework is, it’s helpful to understand the literal definition of a framework: a basic supporting structure that underlies a system or process. So a Product Management framework is what guides Product Managers and their company through every phase of the Product Management process and helps to keep a discipline that can be extremely complicated, as organized as possible. Why is a Product Management Framework Important? Team…[continue reading]

Product Development Process

Applying Systems Thinking to Your Product Development Process

Product Managers Are Outsiders in the Product Development Process There are two underlying problems for Product Managers when considering any product development process, whether it is Agile, Waterfall, or a hybrid process. The product development process is a subset of a larger product process (from product conception, to detailed business planning, all the way through end-of-life). However, while the product development process is usually well defined and defended, the overall product process is often ad-hoc, if it exists at all.…[continue reading]

Product Vision

Elements of a Compelling Product Vision Statement

Do I Really Need a Product Vision Statement? According to Les McKeown, CEO of Predicable Success, it is estimated that team members make between 20-200 micro-decisions a day that impact the success of a project. When you do the math on how many team members you have this leads to an astounding number of decisions that are being made daily around your product. A compelling product vision statement helps set the boundaries around how quickly and effectively those decisions can…[continue reading]

Product Manager Salary

Product Manager Salary Statistics

The Product Manager salary for a new hire in Silicon Valley is now higher than that of engineers. Looking to find out what a reasonable Product Manager Salary is? This article will give you some statistics about being a Product Manager and what to expect in terms of salary and other benefits. The importance of Product Managers is on the rise. According to CNN Moneywatch, Product Management is now the fourth most important profession in corporations, behind only CEOs, General…[continue reading]

Product Leader Innovation

Product Leader – Your Comfort Zone Kills Innovation

Being a Product Leader Tasked with Disruptive Innovation In the 2006 article “Inhibitors of disruptive innovation capability: a conceptual model” author Marnix Assink found several ways in which large companies inhibit disruptive innovation, including: the inability to unlearn obsolete mental models clinging to a successful dominant design or business concept a risk‐averse corporate climate innovation process mismanagement lack of adequate follow‐through As a product leader you sit at the hub of all of these issues Whether you create the issues…[continue reading]

Product Manager Burnout

Coping with Product Manager Burnout

Vision Built on Uncertainty When I started my career as a young programmer I was tasked with bug fixing as a way to learn the code base….I hated it. It wasn’t challenging enough for me. Now, several decades later as a Product Manager there are times I miss those days. Not for the nostalgia, but for the certainty. Certainty of the problem, certainty of the priority, and certainty of the resolution. I could actually run tests to see immediately if…[continue reading]

Product Manager Certification

Product Manager Certification: What, Why, How

Advancing your career by earning a Product Manager Certification can be a highly-effective strategy. This article discusses the benefits of certification and what you can expect to gain by becoming certified. It also discusses the options that are available so that get you the most benefit for the time and money you invest. What is a Product Manager Certification? According to Merriam Webster, certification is defined as “official approval to do something professionally or legally.“ Extending this definition, we can…[continue reading]