Product Thinking Episode 180: Aligning Product Goals with Business Outcomes: Insights from Sean O'Neill of Syncron
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Jul 17, 2024 Sean O'Neill, Chief Product & Technology Officer at Syncron, shares insights in aligning product goals with business outcomes. Topics include value creation moments, financial aspects, experimental mindset, impact measurement, and build versus buy decisions.
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Financial Acumen for Product Managers
- Understand your business model, including costs, revenue, and pricing.
- Align team goals with business outcomes and translate product jargon into financial terms.
Finding and Slicing Value
- Identify the value creation moment for customers and the business.
- Slice large projects into smaller value releases instead of long-term investments.
Thin Slicing Principles
- Release value in slices and make it cheap to be wrong, not fail fast.
- Bound the problem space and solve a specific client need, not the universe's problems.