The Product Experience

The missing skill that's costing product managers their jobs - Dave Wascha (CPTO and Advisor)

13 snips
Apr 2, 2025
Dave Wascha, CPTO and advisor with a rich background at Microsoft, Moonpig, and Zoopla, addresses a crisis in product management he dubs 'The Reckoning.' He discusses the backlash product professionals face and how to reclaim credibility. With insights into the evolution of European product management, he emphasizes the need for empathy and economic awareness. Dave advocates for flexibility and problem-solving in approaching product challenges and explores the shifting roles of leaders, stressing the importance of adaptability in today's market.
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ANECDOTE

The Reckoning

  • Product people, especially in Europe, distanced themselves from commercial accountability to establish their profession.
  • This led to a disconnect with business realities, causing a backlash during economic downturns.
ANECDOTE

Founder Mode Disconnect

  • Brian Chesky's actions at Airbnb, removing product managers, and Paul Graham's 'Founder Mode' essay highlight a disconnect.
  • Product people are seen as disconnected from commercial realities, prioritizing process over business needs.
ADVICE

Demonstrate Value

  • Proactively demonstrate your value and understand how the business operates, grows, and makes money.
  • Actively contribute to the business's success instead of waiting to be included or being petulant.
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