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Evidence-based Approach vs Founder's Insights
The chapter discusses whether new product ideas should be approached top-down based on the founder's experience or through an evidence-based approach. The importance of critically evaluating founder's ideas and asking for evidence is emphasized with examples from companies like Google and Apple. It highlights the need for data-driven discussions and challenging opinions with evidence.
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Itamar Gilad is a product coach, author, and speaker with over two decades of experience in senior product roles at Google, Microsoft, and various startups. He is also the author of Evidence-Guided: Creating High-Impact Products in the Face of Uncertainty and publishes a popular product management newsletter. In today’s episode, we discuss:
• What it means to be “evidence-guided”
• How to think about your KPIs as metric trees
• How to prioritize ideas using the “confidence meter”
• The GIST model for roadmapping
• Common mistakes with ICE
• Advice for using evidence to challenge gut-driven founders
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Find the full transcript at: https://www.lennysnewsletter.com/p/becoming-evidence-guided-itamar-gilad
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Where to find Itamar Gilad:
• Twitter/X: https://twitter.com/ItamarGilad
• LinkedIn: https://www.linkedin.com/in/itamargilad/
• Website: https://itamargilad.com/
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Where to find Lenny:
• Newsletter: https://www.lennysnewsletter.com
• Twitter/X: https://twitter.com/lennysan
• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/
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In this episode, we cover:
(00:00) Itamar’s background
(04:35) How his time working on Gmail shaped his philosophy of “opinion-based” development
(08:35) Lessons from developing Gmail’s tabbed inbox
(13:40) A brief overview of Itamar’s book, Evidence-Guided
(14:30) Balancing founder creativity with an evidence-based approach
(17:32) Advice on how to push back against founders
(19:36) Signs you aren’t as evidence-guided as you may think
(21:13) Itamar’s GIST model for becoming more evidence-guided
(23:51) How to set overarching goals using his “value exchange loop”
(28:45) North star metrics vs. KPIs
(33:47) Using “ICE” to assess the value of ideas
(37:39) Itamar’s confidence meter
(44:28) Speed of delivery vs. speed of discovery
(46:14) How to apply Itamar’s frameworks based on company type and stage
(49:09) First steps in becoming more evidence-guided
(50:21) Next steps in testing
(55:41) The task layer in the GIST framework
(1:02:54) Thoughts on roadmapping
(1:04:56) How OKRs fit into the whole picture
(1:07:11) Lightning round
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Referenced:
• Itamar’s presentation slides: https://itamargilad.com/wp-content/uploads/2023/09/Podcast-Slides.pdf
• What differentiates the highest-performing product teams | John Cutler (Amplitude, The Beautiful Mess): https://www.lennyspodcast.com/what-differentiates-the-highest-performing-product-teams-john-cutler-amplitude-the-beautiful-mess/
• Evidence-Guided: Creating High-Impact Products in the Face of Uncertainty: https://itamargilad.com/book-evidence-guided/
• The co-founders of Google in Forbes: https://www.forbes.com/profile/larry-page-and-sergey-brin
• Kanban: https://www.atlassian.com/agile/kanban
• Jira: https://www.atlassian.com/software/jira
• The ultimate guide to OKRs | Christina Wodtke (Stanford): https://www.lennyspodcast.com/the-ultimate-guide-to-okrs-christina-wodtke-stanford/
• Amplitude: https://amplitude.com/
• The ultimate guide to A/B testing | Ronny Kohavi (Airbnb, Microsoft, Amazon): https://www.lennyspodcast.com/the-ultimate-guide-to-ab-testing-ronny-kohavi-airbnb-microsoft-amazon/
• ICE framework: https://growthmethod.com/ice-framework/
• Sean Ellis on LinkedIn: https://www.linkedin.com/in/seanellis/
• RICE scoring model: https://www.productplan.com/glossary/rice-scoring-model/
• Idea Prioritization with ICE and the Confidence Meter: https://itamargilad.com/the-tool-that-will-help-you-choose-better-product-ideas/
• Assumptions Mapping: https://designsprintkit.withgoogle.com/methodology/phase2-define/assumptions-mapping
• What is Dog Fooding, Fish Fooding a Product?: https://matt-rickard.com/fishfooding-dogfooding-product
• SVPG books: https://www.svpg.com/books/
• The Lean series: https://theleanstartup.com/the-lean-series
• Dreaming Spanish: https://www.youtube.com/c/DreamingSpanish
• ElevenLabs: https://elevenlabs.io/
• Lennybot: https://www.lennybot.com/
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Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.
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Lenny may be an investor in the companies discussed.
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Listen to the best highlights from the podcasts you love and dive into the full episode