Product Therapy
Coaching Stakeholder Collaboration
Sep 26, 2024
Christian Idiodi and Lea Hickman, partners at SVPG, dive into the art of stakeholder collaboration. They clarify the true nature of stakeholders and how to engage them effectively. The duo emphasizes proactive approaches and the benefits of one-on-one conversations over group meetings. They share insights on transforming stakeholders from barriers to enablers, navigating stakeholder-driven roadmaps, and the importance of building trust. With real-life examples, they equip listeners with tactical advice to enhance collaboration in product management.
29:31
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Quick takeaways
- Understanding the difference between stakeholders' voices and votes is crucial for product managers to prioritize effective collaboration.
- Proactively engaging stakeholders early in the decision-making process fosters trust and transforms potential roadblocks into valuable collaborations.
Deep dives
Understanding Stakeholders and Their Roles
Stakeholders in an organization are defined not merely by their vested interest or opinions, but importantly by their ability to influence decisions, specifically through what is termed as 'veto power.' Having a voice in discussions is common, yet it is crucial to distinguish those who can truly impact product direction from those who cannot. Product managers must focus on identifying who genuinely holds voting power, as managing the opinions of all employees could overwhelm efforts and dilute focus. Ultimately, understanding the difference between voices and votes helps product teams prioritize collaboration effectively.
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