Lenny's Podcast: Product | Career | Growth Shreyas Doshi on pre-mortems, the LNO framework, the three levels of product work, why most execution problems are strategy problems, and ROI vs. opportunity cost thinking
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Jun 7, 2022 Shreyas Doshi, a product leader with experience at Google, Twitter, Yahoo, and Stripe, shares invaluable insights on product management and strategy. He introduces the concept of pre-mortems to foresee potential issues, shedding light on how this practice influenced Stripe's culture. The discussion also covers the LNO framework for effective prioritization and the three levels of product work, emphasizing the importance of aligning team goals. Shreyas argues that many execution problems stem from underlying strategic misalignments, advocating for a more holistic approach in leadership.
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Pre-Mortems
- Use pre-mortems to predict and prevent project failures.
- Imagine the project failed and work backward to identify potential problems.
Pre-Mortem Risks
- Categorize pre-mortem risks as tigers (critical threats), paper tigers (perceived threats), or elephants (unspoken issues).
- This fosters psychological safety and shared understanding.
Executing Pre-Mortems
- Include representatives from every involved function in pre-mortem meetings.
- Prioritize the identified threats and create an action plan.