AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Product Mastery Now for Product Managers, Leaders, and Innovators
487: Product Innovation Management: First of Seven Knowledge Areas of Product Mastery – with Chad McAllister, PhD
Apr 29, 2024
Chad McAllister, PhD dives into product innovation management, discussing factors influencing innovation, challenges in product work, and the significance of creating value for customers. The podcast explores essential skills for product managers and emphasizes the importance of vision, strategy, and commercialization in product management.
32:54
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Product innovation involves creating and introducing new or enhanced goods or services to add value for customers, recognizing the need for a cross-section of participants to drive successful product innovation.
- Product managers play a pivotal role in understanding customer needs, developing product strategies, and guiding product development from ideation to launch, focusing on product success metrics like monetization, user engagement, and customer satisfaction.
Deep dives
Defining Product Innovation
Product innovation involves creating and introducing new or enhanced goods or services to add value for customers. Innovation is not solely about entirely new products but also encompasses improvements and new features to existing offerings. Successful innovation focuses on creating value for customers, judging value by customer feedback, and navigating the complexity of product projects influenced by controllable and uncontrollable factors.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode