Elements to empower people and enable flow across a system. Image by the author, AI-generated Lean Portfolio Management (LPM) is a system-wide approach for managing work through emergent and ongoing decision-making. LPM provides a framework for aligning priorities, coordinating work across multiple teams, and managing the execution of business objectives. A disciplined LPM practice improves investment decisions across the Portfolio by linking development requests to strategic business objectives. An LPM system provides participants with alignment, visibility into workstream priorities, an ..read more

Let’s review real cases involving Scale-Ups and MVPs, the problems they face with adoption and retention, and the specifics of B2B products in the FoodTech space. Source: blog.railwaymen.org A few months back, we had one of those team meetings over a virtual coffee that was supposed to be more about bonding than about work. The conversation eventually turned into an exchange of nostalgic comments on what we had done so far under one hood. Someone occasionally said, “Seems like we’ve been into FoodTech lately.” We laughed, and then there was a moment of realization. Indeed, we had bee ..read more

Are you struggling to find the right full stack developer for your project? You’re not alone. Hiring full stack developer who matches well with your team and project can have a big impact on your business. These multi-talented professionals are experienced in handling both the front-end and back-end of a web application, making them an important asset for any organization. If you are creating a Minimum Viable Product (MVP), require an expert product manager, or have a limited budget, employing someone knowledgeable in all aspects of development can assist you in enhancing your process an ..read more

Let’s examine some wrong ways to write a Product Requirements Document (PRD) and propose three steps to fix it. One of the main tasks of a PM is to understand what customers or users need and, together with the development team, build a solution for these requirements. There is a bridge in the middle — a clear and concise document that aligns everyone with a PM’s thinking. This document is called PRD (Product Requirements Document). Despite the fancy term, these are just answers to the main “power” questions. What is the Business Problem? What are the constraints? What and when wil ..read more

Two terrible tales to tuck yourself into bed on a dark and stormy night. Image by Mohamed Hassan from Pixabay Product Management isn’t just a matter of MVP, PMF, ROI, NPS, MRR, and ARR. It’s a hell of a lot more difficult. People’s money, jobs, egos, and careers are on the line with your decisions, which can lead to horror-show scenarios. These moments are the ones that keep me up at night, breathing heavily and nervously sweating till dawn’s light. They are the moments where people’s worst selves crawl shrieking into the light. They are where the real product management happens. Ech ..read more

What happens when workers are treated as expendable variables rather than valued contributors to the company’s success. Farmers harvesting in yellow flower field (photo by Michele Naideck @ scop.io) Today various roles in product development face heightened uncertainty. Even if your someone who performs well in your role, there’s no guarantee of continued employment. This leaves many professionals vulnerable to layoffs, and it reflects a systemic issue where workers are seen as expendable variables rather than valued contributors. The focus on shareholder interests overlooks the human ele ..read more

Watching these things can prevent you from following an outdated strategy to failure Things have changed. Maybe we should have changed our strategy & our OKRs, too. Image via Midjourney. “The greatest danger in times of turbulence is not turbulence itself, but to act with yesterday’s logic.” –Peter Drucker The global consultancy’s massive, slick deck featured a “can’t-miss” strategy that promised “hockey-stick” growth and revenue projections. What could go wrong? Plenty, as it turned out. Strategy deck in hand, we set out to craft our set of OKR goals to deliver against it, and s ..read more

Let’s discuss ways you can help businesses analyze customer behavior and make decisions designed to drive customer satisfaction and loyalty. Source: vertica.com The beauty of machine learning is that data doesn’t lie. With a few specific steps based in decades old statistical models, one can uncover predictive insights from seemingly randomized data sets. AI is now more publicly accessible than ever. Due to advances in processing power and the abundance of low cost technologies, storing data and running complex models is no longer restricted to large corporations with big budgets and ..read more

The realities of having one person in charge of both product and project management, according to Jordan Bergtraum. In any business it’s not uncommon for short-term tactics to take priority over the long-term strategic work because no one wants to see a project fail right before their eyes. Dealing with perceived immediate challenges will put any reasonable professional into a crisis mode. In light of this reality, most people do not excel at both product and project management, and when they try to, product management suffers. Jordan Bergtraum is a product management consultant and Head of P ..read more

OKRs are an extremely powerful tool, but among the many mistakes companies make, a flat list of OKRs is a very common one. Here is what you should do instead. Photo by Aram Ramazyan on Unsplash When I started teaching Product Management at the Adelson School of Entrepreneurship at Reichman University I wanted to demonstrate the thought process behind writing and communicating requirements. I showed the students this hilarious video to explain why things need to be well-defined, but when it came to communication I used another technique. I asked the class for two volunteers and gave o ..read more