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.
A statement of work should be clear on communicating the type of problem that needs to be solved and the time and money required to solve it.
Product strategy is a plan that outlines what a team aims to accomplish with its product and how it will get there.
PMs who are aware of their own communication style and can adapt it to different situations and people can build better relationships and achieve more successful outcomes.
Discover the definition of net present value, the formula to calculate NPV, and how and when you should use it to inform financial decisions.
The four components (quadrants) of an Ansoff matrix serve to help with making trade-off decisions: market penetration, market development, product development, and product/market diversification.
The truth is, managing up actually improves your outcomes. There are three areas where managing up can help — alignment, risk management, and professional visibility.
Instrumentation is the process of defining data events and setting up tools to collect and process these events.
User acceptance testing (UAT) is an important phase where end-users have a chance to participate in evaluating your product.
Employing Liberating Structures such as 1-2-4-all, 15% solutions, and conversation cafe as a facilitation tool can help you make retrospectives more engaging and productive.
Managing individual social loafers isn’t too difficult; it’s when teams are made up of multiple personality types that things start to get complicated.
While a boss can manage tasks and enforce rules and deadlines, a leader motivates and inspires their team by fostering a collaborative work environment throughout the product lifecycle.