A balanced scorecard provides a comprehensive overview of how a company is performing currently, taking into account finances, operational processes, customer satisfaction, and employee performance.
Heatmaps help you discover why users are behaving the way they do when they visit your website or use your product. It’s a powerful way to see how users respond to your application and why they may or may not be converting.
The ladder of inference is a tool you can use to evaluate whether your thought process is based on reality or an assumption.
The core premise of contingency theory is that there’s no universally correct way to lead a team or make decisions. Instead, it advocates for a strategy that’s flexible and adaptable to the situation at hand.
The OODA loop strategy is a decision-making process designed to facilitate quick and efficient problem-solving before your competitors can.
Setting a big hairy audacious goal (BHAG) can help excite your team about their projects. A compelling BHAG can create an environment of innovation backed by employees with a shared commitment.
A network diagram is a visual tool that allows you to evaluate your tasks and understand their relationship to one another.
While many product managers focus on gaining new customers as fast as possible, it doesn’t do much for overall business growth if they leave as quickly as they arrived.
Creating accurate P&L statements helps you understand whether your expenses are worth their cost. Otherwise, you won’t know what’s causing the failure or success of your business.
The basis of expectancy theory is linking high efforts to desirable outcomes. Learn how implementing expectancy theory can motivate your team.
These certifications cater to various skill levels, interests, and budgets, and some include both free and paid options. While some are fully online, others offer opportunities for in-person education and networking.
Put simply, understanding the costs of developing a product, feature, or update helps you make more informed decisions throughout the product lifecycle.