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The 100 days of #ProdmgmtNotes ended yesterday. Twas fun churning out product management insights from my everyday learnings.
ππ
#ProdmgmtNotes 99 : Just like fortune favours the brave, chance favours a prepared mind. Higher the chances of getting your gut and intuition right if you have put in hours doing the preparation - spec'ing out, seeking feedback, gathering data, drawing analogies etc.
#prodmgmt
#ProdmgmtNotes 97 : Time to market is important but not at the cost of a mounting technical debt. The cost of doing it right the first time is far less than having to refactor the whole thing later.
#prodmgmt
#ProdmgmtNotes 96 : Do not underestimate how impactful the elaboration of use cases in simple words can help clarify the purpose.
Always try to dumb the use cases down to an extent that a person with little context should be able to understand
#prodmgmt
#ProdmgmtNotes 95 : Don't be afraid to acknowledge a bug or limitation in your product when a customer points it out. Choose the right words , get to know the impact the limitation has had on the customer , apologize and assure the customer of the fix.
#prodmgmt
#ProdmgmtNotes 94 : If you wish your team to value your time, start valuing their time. Adhere to timings of the meeting - start on time and finish on time. If you find the conversation getting digressed, pull it back and do frequent time checks
#prodmgmt
#ProdmgmtNotes 89 : Take a methodical approach to convincing. State what you believe is right & the reasons for your belief. Be succinct with your reasons,ask if your audience follows you.Answer their queries & make notes if you cant, promise to get back with an answer.
#prodmgmt
#ProdmgmtNotes 88 : If new features change how your users perform the routine tasks in your product, users have to re-learn and may get frustrated if you keep changing the feature frequently.Make sure that you don't inundate customers with frequent feature changes.
#prodmgmt
#ProdmgmtNotes 84 : Also, get new ideas for your product from :
1. Your QA team.
2. Review sites.
3. Comparison pages on your competitor's site.
4. Whitepapers about upcoming tech trends.
5. Resellers and Partners, if any.
6. analogies drawn between different markets
#prodmgmt
#ProdmgmtNotes 83 : As PMs, sometimes, we crave for approval from most influential stakeholder or sign-off of someone we respect . Both of these are futile. The only approval we should crave for is the approval from the market. #prodmgmt
#ProdmgmtNotes 82 : When you want to build product the right way, you must understand that no feature is "tiny". Gather a good understanding of what it is gonna take to implement a feature b4 jumping on to "adding it to the roadmap" #prodmgmt
#ProdmgmtNotes 80: Cross functional stand ups once in a week, if done right , are a great way to get everyone on the same page and avoid the opportunities of confusion that may arise with cross functional collaboration.
#ProdmgmtNotes 79: Over reliance on customer feedback can be bad too. There should be a good balance of customer feedback with your vision, goals, strategy .
#prodmgmt
#ProdmgmtNotes 78: Before you write your user-stories/product specifications,take a rough draft to the tech team for a quick feasibility check.This will ensure that the user story you create is technically feasible and feasibility issues can be tackled early on.
#prodmgmt
#ProdmgmtNotes 76: There will always be a push to ship something & our desire to ship sometimes becomes greater than our desire to ship a product that customers deserve.Always strive for a union - Nurture a desire to always ship the product that our customers deserve. #prodmgmt
#ProdmgmtNotes 75: Identify the fastest path to delivering value to your users. Start with on-boarding and build a flow that ends in delivering value to your users. Then optimize each step of the flow.
#prodmgmt
#ProdmgmtNotes 74: Many times you'll find that your customers are different than your users. Users care about usability, simplicity and design whereas customers care about ROI, fair price and maintenance cost.
#NoteToSelf #prodmgmt
#ProdmgmtNotes 73 : Indecisiveness of Product Managers is highly detrimental to the team. In the face of insufficient or imperfect information, instead of being indecisive , make certain assumptions to arrive at a well calculated decision and move forward.
#prodmgmt
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