Product Therapy

Coaching Stakeholder Collaboration

25 snips
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.
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INSIGHT

Voice vs. Vote

  • True stakeholders have veto power, not just an opinion.
  • Differentiate between voices (opinions) and votes (decisions) to manage stakeholders effectively.
ANECDOTE

Acquisition Stakeholder Example

  • Lea Hickman shares an acquisition story involving legal, finance, executive, and product teams.
  • A potential legal blocker turned into an opportunity after further investigation.
ADVICE

Proactive Stakeholder Engagement

  • Be proactive with your stakeholders, viewing them as partners.
  • Don't let stakeholders chase you; inform them early and often.
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