20Product: How Linktree, Webflow and Airbnb Used Rituals and Product Principals to Guide Product Roadmap, Why All Product Teams Should Have a Scorecard and How to Use it & How to Run the Best "Product Jams" with JZ, CPO @ Linktree
May 17, 2024
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Jiaona “JZ” Zhang, CPO at Linktree, shares insights on product management. Topics include the role of tension in product, KPI trees, setting up a metric infrastructure, product planning, strategy, and rituals, using the scorecard method, and running product jams. Emphasis on aligning teams, instilling urgency and empathy, navigating product leadership in startups, and future trends in website building services.
Product managers should have experience in gaming industry for success.
Prioritizing strategy over traditional planning methodologies in product development.
Utilizing rituals like scorecards and product jams for enhanced collaboration and transparency in product teams.
Deep dives
Balancing Speed, Quality, and Scope in Product Development
Balancing speed, quality, and scope in product development is crucial. It is challenging to excel in all three aspects simultaneously. The speaker acknowledges the need to prioritize aspects and express willingness to trade off scope for speed. Emphasizing speed as essential for learning and staying competitive.
Strategy over Planning: Focusing on Strategy and Rituals
Emphasizing strategy over traditional planning methodologies, the speaker advocates for a clear strategic vision rather than extensive planning. Encouraging the team to focus on strategy, rituals, and transparency, the speaker stresses the importance of aligning the team towards common goals and investing in rituals like scorecards, product jams, and demo power hours for enhanced collaboration and accountability.
Enhancing Collaboration Through Transparent Processes
Promoting transparency and collaboration, the speaker highlights the significance of product jams for rapid idea generation and alignment. Encouraging asynchronous brainstorming tools for distributed teams, the speaker underscores the value of co-creation and effective communication in product development. Demonstrating the importance of showcasing work in progress to foster pride of ownership and accountability among team members.
Importance of Showing Work in Progress
Encouraging the display of work in progress rather than waiting for perfection is crucial in fostering a culture of speed and ownership. By showcasing work at various stages during demo power hour, engineers feel proud of their progress, leading to a sense of urgency in product development. Bringing impact to life for employees and involving users in the process creates user empathy and motivates faster and more effective work.
Strategic Product Leadership and Hiring Practices
Strategic product leadership involves modeling the behavior desired from the team and hiring product personnel at the right time in a company's growth stage. Founders are advised not to delegate product responsibilities too early and to hire product leaders when scaling becomes essential. Understanding the deep relationship between a CEO and a product leader is emphasized, ensuring they complement each other effectively to drive the company's vision forward.
Jiaona “JZ” Zhang is the Chief Product Officer at Linktree, the world’s leading link-in-bio platform empowering 45M+ creators, brands and SMBs. JZ joined Linktree from Webflow, where she served as SVP of Product. Before that, she spent four years at Airbnb where she built and led numerous teams on the host side. JZ’s also held leadership roles at the likes of Wework, Dropbox and teaches at Stanford University and Reforge.
In Today’s Episode with Jiaona Zhang We Discuss:
Entry into the World of Product
How did JZ first fall in love with product?
Why does JZ believe the best PMs have experience in the gaming industry?
Does JZ think Linktree could be a $100BN business? How could Linktree become a $100BN business?
Mastering Product Metrics
Why does JZ think product is the most chameleon role? Where does product start & end?
Why does JZ think every function should have tension with product?
What is a KPI tree? How does JZ branch business & product metrics?
When does JZ think startups should set up a metric infrastructure?
What are the three levers of product? How does JZ determine which ones to trade off?
How to Run Product: Planning, Strategy, & Rituals
Why does JZ think planning should not exist?
What are strategy and rituals? When should founders do either?
What are JZ’s three core rituals?
What is the scorecard method? How do they help team transparency?
What are product jams? When does it work? When does it not work?
Product Career Advice
When does JZ think founders hire a product person?
What are the most common mistakes early stage founders make when hiring for product?
Does JZ think domain expertise is important? What does she look for in product hires?
What is JZ’s advice to PMs who want to get promoted today?
What is JZ’s advice to young people who want to get into product?
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