Learn from Rich Mironov's vast experience in product management, emphasizing clear communication with C-suite, strategic planning, and the importance of ongoing maintenance for software projects. Discover challenges in roadmap execution, prioritizing customer requests, and essential product management strategies.
Clear communication with C-suite is vital in product management.
Ongoing maintenance and support crucial for software projects.
Strategic planning and roadmaps are essential in product management.
Deep dives
Focus on End Users and Mentoring
The speaker emphasizes the importance of focusing on end users in product management, highlighting their significance. Additionally, the joy and fulfillment derived from mentoring product managers over the years is emphasized, with the speaker finding particular satisfaction in receiving acknowledgments from mentees for advice that positively impacted their work.
Prioritization and Capacity Model
The importance of prioritization in handling a backlog is discussed, with the speaker suggesting that only a small fraction of requests can be feasibly addressed due to capacity limitations. The implementation of a capacity model is proposed to determine the number of requests that can be realistically accommodated, streamlining decision-making processes and focusing efforts on high-impact tasks.
Outcome over Output
The speaker underscores the necessity of prioritizing outcomes over output, illustrating how focusing on delivering value to end users surpasses mere output delivery. The evaluation of past product releases that failed to resonate with users provides a valuable learning opportunity, emphasizing the importance of aligning product development efforts with meaningful outcomes.
Clear Communication and Stakeholder Management
Effective communication strategies, particularly with stakeholders, are highlighted as crucial in product management. The advice includes using language that resonates with different stakeholders, such as financial metrics, to convey product decisions effectively. Furthermore, the speaker suggests using tangible examples to clarify the impact of decisions and engaging in transparent discussions to ensure alignment.
Strategic Thinking and Adaptability
Strategic thinking within product management is emphasized, emphasizing the need for foresight and adaptability in decision-making. The speaker advocates for a forward-thinking approach, focusing on strategic swim lanes and thematic roadmaps that cater to long-term business objectives. Additionally, the importance of anticipating future shifts and adjusting strategies accordingly is highlighted for effective product management.
Mastering product management: Navigating tech challenges & strategic roadmap In this podcast, we learn about strategic product thinking and product management with the amazing Rich Mironov – who has over forty years of exceptional experience. The importance of clear communication, setting realistic expectations, and avoiding misunderstandings when working with C-suite was discussed with additional tips in the podcast shared. There is a confusion surrounding the term 'minimum viable product', and the importance of ongoing maintenance and support for software projects. Learn more about the importance of strategic planning and roadmaps in product management.
Rich provides product management leadership and coaching to large and small tech companies, with more than 150 clients since 2001. His focus
- Coaching VPs of Product and CPOs. How do we grow from
heads-down individual contributors to strong cross-functional leaders? Why are our various stakeholder groups always unhappy? How do we become strong C-level execs, championing what's good for our customers and our overall business above departmental goals and internal focus?
- Organizing the product organization. How do we define/find/mentor/share work among product managers, development teams, product marketing, Directors, VPs and CPOs?
- Stepping in (occasionally) as a 'smokejumper' VP of Product
Management. Directly leading software product management teams for short periods to fix systemic product/company problems, and helping hire in a full-time product leader
He wrote "The Art of Product Management"
(http://tinyurl.com/5ce65h) and is a voice for the scrappy entrepreneur in all of us. Founder of Product Camp, he's an in-demand speaker for business/executive and technical audiences. Rich has taught at top business schools worldwide, at conferences, and chaired the first product manager/product owner tracks at the annual Agile Conference. He is a sounding board for CPOs/VPs of Product around the world.
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Please note: This is a conversation style podcast - raw and authentic. If you have any questions or who like to be on guest on More 2 Marketing, please contact us.
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