careers in product management: april 24, 2014

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Slides for the Careers in Product Management webinar

TRANSCRIPT

Page 1: Careers in Product Management: April 24, 2014

Visit evisors.com to browse all 4,000+ career advisors who you can connect with for career

conversations, resume critiques and mock interviews.

Hosted by: Career Advisors On Demand. .com/webinars

Page 2: Careers in Product Management: April 24, 2014

Careers in Product Management

featuring:

Lewis Lin evisors.com/expert/1436738 Former Director of Product Management at Microsoft

Hosted by: Caitlin Quan Evisors Marketing & Operations Associate

Hosted by: Career Advisors On Demand. .com/webinars

Page 3: Careers in Product Management: April 24, 2014

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• PM roles and responsibilities • Ideal PM resume • PM interview tips • FREE interview cheat sheet

Agenda

Page 4: Careers in Product Management: April 24, 2014

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Introduction

Page 5: Careers in Product Management: April 24, 2014

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My interview prep books…available on Amazon

PM Interviews Marketing Interviews

Page 6: Careers in Product Management: April 24, 2014

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What Product Managers “Can” Do

Marketing PM 1 2

3

4

Page 7: Careers in Product Management: April 24, 2014

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What Product Managers “Say” They Do

Page 8: Careers in Product Management: April 24, 2014

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What Product Managers “Typically” Do

Understand the customer

Develop requirements

Prioritize resources

Serve as launch lead

Collect feedback

Page 9: Careers in Product Management: April 24, 2014

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Understanding the customer

1. Name and alias 2. Problem quotes 3. Age, day in the life,

thoughts & feelings 4. Goals 5. Behavioral variables

1

2

3

4

5

Personas

Understand the customer

Develop requirements

Prioritize resources

Primary POC for launch

Collect feedback

Page 10: Careers in Product Management: April 24, 2014

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Developing requirements Understand

the customer Develop

requirements Prioritize resources

Primary POC for launch

Collect feedback

As a <role>, I want <goal/desire> so that <benefit>. Examples As an administrator, I want to be able to add/delete/change

my boss’s schedule so that I don’t have to use his password. As a Facebook user, I want to see out-of-town friends who

send status messages in my hometown first, so that I can send them a note.

User stories

Page 11: Careers in Product Management: April 24, 2014

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Prioritizing resources Understand

the customer Develop

requirements Prioritize resources

Primary POC for launch

Collect feedback

User Story Revenue Customer Satisfaction

Implementation Difficulty

Overall

Story A 3 3 1 9

Story B 2 2 2 6

Story C 1 1 3 3

Prioritization matrix

Page 12: Careers in Product Management: April 24, 2014

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Serving as launch owner Responsibilities Manage project execution Primary exec contact Primary product contact Primary press contact

Key documents Product FAQ

Understand the customer

Develop requirements

Prioritize resources

Primary POC for launch

Collect feedback

Page 13: Careers in Product Management: April 24, 2014

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Evaluating customer feedback

Lift P-Value

# of users completing signup -13.21% 0.02

Profile completeness +1.65% 0.01

# of users the posted +2.11% 0.05

# posts +4.85% 0.01

# of invites sent +2.36% 0.02

1 day retention +2.12% 0.07

7 day retention +1.08% 0.20

30 day retention N/A N/A

Understand the customer

Develop requirements

Prioritize resources

Primary POC for launch

Collect feedback

A/B test: Adding “upload photo” to social network sign-up flow

Page 14: Careers in Product Management: April 24, 2014

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Day-in-the-life of a PM 8:15a Go through emails

8:45a Read TC; check out Nest UI

9a Review mock-ups with designer

10a Lead daily stand-up meeting

10:30a Check email

11:30a Customer call with sales team

12p Lunch meeting with market research team

1p Last minute prep for product roadmap review

2p Product roadmap preso to executives

3p Send out meeting notes to team

3:30p Lead eng. call with Google to discuss API implementation

4:30p Review A/B test results

5:30p Work on product roadmap & tweak product backlog

Page 15: Careers in Product Management: April 24, 2014

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Most hiring managers scan resumes in 6 seconds

Page 16: Careers in Product Management: April 24, 2014

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Interview Tip: Product Design Questions

Page 17: Careers in Product Management: April 24, 2014

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FREE one-page PM interview cheat sheet

Email [email protected]

To Get Your Copy

Page 18: Careers in Product Management: April 24, 2014

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Buy on Amazon Kindle for $9.99 http://tinyurl.com/DecodeAndConquer

Buy the book for sample PM interview answers

Page 19: Careers in Product Management: April 24, 2014

Questions & Answers

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Page 20: Careers in Product Management: April 24, 2014

Connect

Book your one-on-one session with Lewis at www.evisors.com/expert/1436738

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Lewis Lin Former Director of Product Management at Microsoft

Page 21: Careers in Product Management: April 24, 2014

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