How To Succeed In Product Management | Jeffrey Shulman, Red Russak & Soumeya Benghanem

Priyank Shah from Black Knight and Marily Nika, Ph.D from Meta join the podcast to discuss AI product strategy. They explore the importance of defining a clear strategy, prioritizing AI features, and staying competitive. They touch on success metrics, ethical issues, and the differences between AI and traditional product strategies.

In this episode of the How to Succeed in Product Management Podcast, marketing professor Jeff Shulman and The Product Management Center advisory board members Red Russak welcome Jorie Kirschbaum Hynes (T-Mobile), Austin Morton (MN8 Energy), and Emily Claire Palmer (Wrapbook) to talk about transitioning to PM when you come from a non-traditional background. Transitioning to PM from a non-traditional background can be challenging but rewarding. While many PMs come from technical or business backgrounds, individuals with diverse experiences, such as design, marketing, or even unrelated fields like teaching or healthcare, can bring unique perspectives and skills to the role. To make this transition successfully, it's essential to acquire relevant knowledge through courses or self-study, network with professionals in the field, and highlight transferable skills like problem-solving, communication, and empathy during the job application process. Embracing your non-traditional background can set you apart and contribute to innovative product development.   Disclaimer: All opinions of the speakers are their own.   What to Listen For: 00:00 Intro 06:41 Number one mistake of people transitioning to PM from a non-traditional background 09:48 What do you wish you knew when you were starting out in PM? 13:35 Frustrating process of transitioning to PM 16:24 Domain knowledge 19:23 Overcoming the biggest challenge coming from a non-traditional background 25:07 The most valuable skill from your background that’s valuable now as a PM 28:33 How to find PM jobs?  33:58 Optimizing your resume when transitioning to PM 39:32 The different corporate cultures and their impacts on a PM's responsibilities and work style 44:37 Do you need to a second MBA to get into PM? 49:25 Final thoughts

Get involved with The Product Management Center. Learn more at https://ipma.info.foster.uw.edu/   In this episode of the How to Succeed in Product Management Podcast, marketing professor Jeff Shulman and The Product Management Center advisory board members Red Russak welcome Varun Kulkarni (CISCO) and  Ash Naik (AAIS) as they discuss the use of predictive analytics in product prioritization decisions. Using predictive analytics in product prioritization decisions is beneficial for product managers because it enables data-driven decision-making. By analyzing historical data and patterns, predictive analytics can forecast the potential success and impact of different product features or enhancements. This empowers product managers to allocate resources effectively, focus on high-impact initiatives, and align their strategies with customer needs and market trends. Ultimately, this approach increases the likelihood of delivering products that resonate with customers, optimizing resource allocation, and driving overall business success.   Disclaimer: All opinions of the speakers are their own.   What to Listen For: 00:00 Intro 08:09 Right data collection and cluster analysis 10:29 Having a direct data or proxy 12:27 Setting up a validation process 13:55 Softwares for analyzing and visualizing data  18:44 Conjoint analysis and canal model 23:58 Data that goes into a cluster analysis 28:07 Avoid using vanity metrics 30:21 Using predictive analysis on personalized experience 34:38 Scenario modeling 39:34 Risk in utilizing predictive analysis 44:06 Advice for aspiring PMs 48:54 How often does the marketplace change? 51:39 Final Thoughts

In this episode of the How to Succeed in Product Management Podcast, marketing professor Jeff Shulman and The Product Management Center advisory board member Soumeya Benghanem welcome Patrick Waltz (HP), Dave Fleischman (Compass), and Sheena Dhanaraj to talk about why frameworks are valuable and why PMs should know them. Frameworks help PMs make strategic decisions, discover product ideas, and solve problems.   Disclaimer: All opinions of the speakers are their own.   Support for How to Succeed in Product Management is brought to you by Apptentive, which enables product managers to measure shifts in customer emotion and gather actionable feedback across the mobile customer journey. To learn more, go to Apptentive.com/UW.   What to Listen For: 00:00 Intro 01:18 Why frameworks are valuable 06:33 Frameworks is a collection of principles 09:07 Getting things done 11:03 Assumption mapping 11:23 Working backwards 13:44 North star framework 15:37 Funnel mapping 20:27 Establishing a good North star 21:36 No one size fits all 24:50 Know your job 27:17 Have an idea and share it 29:22 When the framework goes wrong 34:49 How do you pick a framework? 36:46 What’s a framework you’d love to be removed? 38:57 Psychological safety in teams 45:05 Final thoughts

Learn about the importance of becoming agile in product management. The podcast explores the difference between waterfall and Agile methodologies, the Agile Manifesto and its significance, embracing negative feedback and adopting an agile mindset, leadership in Agile philosophy, the cost of delay, and the importance of the refinement phase in Agile development.

Get involved with The Product Management Center. Learn more at https://ipma.info.foster.uw.edu/   In this episode of the How to Succeed in Product Management Podcast, marketing professor Jeff Shulman welcomes Leslie Grandy (Modwell) and Eric Loh (The Product Management Center at UW) as they discuss building a high-performing team and the power of culture. Building a product team and understanding the culture are crucial for a PM because they directly impact the success of a product. A well-structured team ensures diverse skills and perspectives, enabling efficient execution and innovation. Moreover, a deep understanding of the organizational culture helps the PM navigate communication, decision-making processes, and stakeholder expectations, leading to smoother collaboration and more effective product development   Disclaimer: All opinions of the speakers are their own.   What to Listen For: 00:00 Intro 06:04 Building a product team 09:08 Who’s involved in building a product team? 11:28 Scaling the hardware and software teams 14:26 Understanding the existing culture while building a team in another location 16:17 Onboarding process  21:25 Getting the willing people to onboard first 25:30 Ideal ratio of PMs to other roles on a product team 31:06 Changing people and rivalry in product 38:27 Bridging the gap in the culture between two organizations 43:57 Challenges coming up with the rubric for hiring  48:04 Building a team towards social purpose 51:17 Accepting what’s happening at the moment 54:55 Final Thoughts

In this episode of the How to Succeed in Product Management Podcast, Associate Director Kara Fichthorn welcomes Arjun Lalwani (Youtube) and Liang Huang (Webflow) as they discuss product execution and its importance in product management. Product execution is crucial for product management as it involves turning ideas into tangible products or features. Effective execution ensures that the product meets its objectives, satisfies customer needs, and aligns with the overall business strategy. Without strong execution, even the best product ideas may fail to deliver value, leading to wasted resources and missed opportunities in the market.    Disclaimer: All opinions of the speakers are their own.   What to Listen For: 00:00 Intro 03:09 How important is product execution? 06:21 Frameworks in product execution 11:52 Challenges in product execution and how can frameworks help? 14:56 Difference in product execution in small to large-sized organizations 19:00 How does user research play into product execution? 23:25 Decision-making during product features transformations 26:31 PM principles for a solo entrepreneur 30:07 Tools for product execution 35:46 Product vs. project management 39:27 Reversing a decision in product  42:22 Maintaining the quality of product execution after a layoff 44:50 Expanding products in a new market 46:35 How to be a part of big organizations? 49:34 Final thoughts  

Learn how user research is leveraged in small and large product management organizations. Discover tips for conducting effective user research, prioritization strategies, and the role of AI tools. Explore the importance of engagement metrics, data-driven decision making, and building inclusive products.

In this episode of the How to Succeed in Product Management Podcast, Associate Director Kara Fichthorn and The Product Management Center advisory board member Red Russak welcome Ronke Majekodunmi (Promevo) as they discuss how to drive conversations using design. Design-driven conversations are crucial for PMs as they enable effective communication, early feedback gathering, and customer-centric approaches. By incorporating design thinking, PMs can align their teams and stakeholders around a shared vision, leading to more successful products and higher customer satisfaction levels.   Disclaimer: All opinions of the speakers are their own.   What to Listen For: 00:00 Intro 02:40 How design can transform customer’s perceptions and behaviors 06:05 Collaboration between PMs and designers 08:20 Storytelling and design leadership 11:34 How to be good at storytelling? 14:45 Challenges in implementing design-driven leadership 16:33 The voice of the customer in the design process 19:14 Driving product differentiation and customer loyalty 21:08 Design-driven leadership in the future 24:16 Building relationships between PMs, Sales, and end customer 31:48 Maintaining brand identity and emobodying your own core value 38:36 How designers can collaborate with PMs 43:12 When PMs and designers have different ideas 48:43 Final thoughts

In this episode of the How to Succeed in Product Management Podcast, marketing professor Jeff Shulman and The Product Management Center advisory board member Red Russak welcome Jerlisa "Juju" Fontaine (Oscar Health), Anne Julliene (Joan) Barcelona (Box), and Dimple Singhania (Walmart) to talk about what happens during the first few days as a PM. Transitioning into the role needs a lot of work on building connections with your team and other teams within the organization, continuous learning from your superior through shadowing, and making use of the soft skills you bring into the system to function seamlessly and adapt efficiently.     Support for How to Succeed in Product Management is brought to you by Apptentive, which enables product managers to measure shifts in customer emotion and gather actionable feedback across the mobile customer journey. To learn more, go to Apptentive.com/UW.   What to Listen For: 00:00 Intro 10:14 What helped in transitioning to product management? 16:18 What helped the transition successful in the first few days? 24:22 Learn as much as you can from the people you shadow 36:26 How did you define success for your first month? 37:34 What did you wish you knew before you started your role? 45:48 What are the most necessary skills as a product person? 54:01 Concluding thoughts