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Showing all posts tagged "Leadership" ...

How to Make Sure Your Product Leadership Team Will Boost You Up - Not Drag You Down

As business advisors and executive coaches, we've worked with dozens of CEOs to help them build and grow their product leadership team as they scale their company. People always think that product managers operate this very critical, high-leverage function that, when executed correctly, greatly facilitates the leap past prototypes into a steady return of profits. What we’ve noticed instead in the startup world, is a lot of people become product managers by default rather than design. They often lack the tools to succeed in their jobs. While the product manager’s ability to think strategica...

A Day in the Life of a Product Management Consultant

Is something broken in your team’s product management? If the answer is yes, you’re in the right place. At Bain Public, we help build roadmaps and innovative products for early-stage companies. How, you ask? Meet George Korkejian, he joined our team last summer and dedicated himself to supporting entrepreneurs through Bain Public. As a product management consultant, he acts as a coach and a mentor to his clients, providing them with frameworks that guide them toward making the best product decisions. It’s not about gut feeling: George presents his clients with the best ways to gather inp...

When Executives Tell You What to Build, They Approve the Development of Unnecessary Features

When building a product strategy, it can get tricky to predict and prevent which features will be of use and which ones will be unnecessary. At Bain Public, we’ve discovered the main issue with building the wrong features, is that they will incur a huge opportunity cost for a business. Therefore, the role of roadmapping as a whole, as well as the development of the prioritization process itself and all the key steps and conversations in between, are crucial to the learning process. The following article shows a break-down explaining this process and how product managers can strategically ...

Factors that Damage Your Integrity. Reflecting on Adverse Conditions.

Product Managers rightly face criticism when negotiating or selling product vision to stakeholders. We increasingly turn to data analytics and customer insight in hopes of outlining a product's most pressing problems, whether it’s a user acquisition drop off, a shift in engagement, or failure to sway churn. My experience suggests that, if there is a poor acceptance or cultural fit, Product Managers end up with the bullseye on their back —and should take steps to understand cultural patterns that lead to unfavourable traction. Like what? Like colleagues not being available, withholding info...

Product Managers, Make your CEO provide a clear vision

There are so many articles about the challenges and stresses of being a Product Manager. But this is an article about your CEO’s duty to set a vision, to define why your company exists. For some product managers, the thought of talking openly about the void left by a missing vision statement is paralyzing. And as a product leader gets more senior, the need to clearly define the product strategy intensifies. In Alpha’s Product Management Insights study of more than 150 digital product managers, 32% percent said that their biggest wish in the coming year was a clearer product roadmap / strate...