The Intersection of Product and Data with Nick Zervoudis
Mar 5, 2024
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Explore the expanding recognition of data product teams and the intersection of product principles with the realm of data in this episode with Nick Zervoudis. Discover the challenges in the data science field, the significance of defining and measuring value in projects, and the complexities of data product management. Learn about the evolving role of data products, emphasizing soft skills in product and data roles, and strategies for influencing without authority.
Transitioning from data to product management is common and beneficial in creating valuable data products.
Building trust between data teams and business stakeholders is crucial for successful data product management.
Deep dives
Challenges of Transitioning to Data Product Management
Nixa Vudris, a data product manager, shares her journey of transitioning from a technical field of data to product management. Starting in consulting, she worked on data and analytics, eventually realizing she was doing the work of a product manager. Formally transitioning to product management, she worked on internal and external data monetization products.
Value of Data Product Management
Nixa discusses the frustration in the industry with the lack of value derived from big data and data science. Companies invested in data teams but struggled to see returns. Data product management emerges as a solution to ensure data teams work on projects that bring substantial value to the business and focus on operationalization and scalability.
Need for Trust in Data Teams
Nixa emphasizes the importance of building trust between data teams and business stakeholders. Trust allows data teams to work on strategic initiatives effectively. Failure to deliver value can lead to external resources being preferred over internal data teams due to lack of trust.
Application of Product Principles to Data
The podcast discusses applying product management principles to data products. Nixa highlights the complexity of data product management compared to other traditional product roles but emphasizes the need to focus on delivering value to users and the business, regardless of the technical complexities involved.
Join me in today's episode with Nick Zervoudis, Data Product Manager at CKDelta, the data monetisation and innovation startup of CK Hutchinson conglomerate. Nick, a prominent figure in the data product community, shares his journey from a data background to Data Product Management. Tune in as we discuss the expanding recognition of data product teams and the intersection of product principles with the realm of data.