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Product Thinking
Episode 202: Transforming Product Teams into Investment Partners with Fabrice des Mazery
Dec 18, 2024
Fabrice des Mazery, Chief Product Officer at productROI, brings 22 years of experience, including his roles at TripAdvisor's TheFork. He discusses the shift for product managers to think like investors, emphasizing ROI and risk assessment. Fabrice highlights the real cost of product development, advocating for a data-driven approach to attract the right customers. He also explores cultural differences in product management, the importance of collaboration, and the balance between innovation and risk management in product teams.
45:23
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Quick takeaways
- Adopting an investor's mindset allows product managers to strategically evaluate risks and returns, impacting overall business investment decisions.
- Effective stakeholder engagement as co-investors fosters meaningful collaborations and enhances understanding of the strategic implications of product investments.
Deep dives
The Importance of an Organizational Product Strategy
Creating successful products relies heavily on the overall organizational support rather than just the actions of product managers and developers. This involvement includes organizational systems, processes, and cultural elements that collectively enable companies to deliver value effectively. A strong product strategy encompasses not only intensive collaborations among the various teams but also a clear understanding of the interconnected roles within the organization. By fostering an environment that values integrated product management, companies can thrive and achieve their objectives more efficiently.
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