optimizing product management

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©2011 280 Group LLC. All rights reserved. 1 Optimizing Product Management Brian Lawley Founder & CEO, 280 Group The Product Marketing & Product Management Experts™ Consulting Contractors Training ● Certification Templates ● Books Recruiting www.280group.com Slides available at www.280group.com/optimize.pdf

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Agile development is often described as the key for product management success, and this presentation will cover the issues and tradeoffs in choosing an agile or a more structured process.

TRANSCRIPT

Page 1: Optimizing product management

©2011 280 Group LLC. All rights reserved.1

Optimizing Product ManagementBrian Lawley

Founder & CEO, 280 Group

The Product Marketing & Product Management Experts™

Consulting ● Contractors ● Training ● Certification ● Templates ● Books ● Recruiting

www.280group.com

Slides available at www.280group.com/optimize.pdf

Page 2: Optimizing product management

©2011 280 Group LLC. All rights reserved.2

Agenda

• About • People• Process• Tools• Making it stick• Q&A• Drawing!

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©2011 280 Group LLC. All rights reserved.3

Drawing!

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©2011 280 Group LLC. All rights reserved.4

The Product Marketing & Product Management Experts

Consulting ● Contractors ● Training ● Certification ● Templates ● Books ● Recruiting

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©2011 280 Group LLC. All rights reserved.5

Optimal Product Management™

• Phase I: Assessment• Phase II: Training & Education• Phase III: Coaching, Mentoring & Seminars• Phase IV: Add’l certifications, portal, handbook

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©2011 280 Group LLC. All rights reserved.6

Optimal Product Management

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©2011 280 Group LLC. All rights reserved.7

People

• Clarify roles• Right people• Baseline skill set

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©2011 280 Group LLC. All rights reserved.8

Roles and responsibilities

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©2011 280 Group LLC. All rights reserved.9

Roles and responsibilities

Product ManagementInbound

• Customer research and insights• Business case analysis• Positioning • Product Road mapping• Market req. & prioritization• Whole product definition• Differentiation and desirability• Feature/cost/schedule tradeoffs• Develop product req. w/ eng. & UX • Competitive analysis (product and market position)• Beta programs

Product MarketingOutbound

• Launch and marketing plans• Features and benefits• Messaging by market and role• Training• Sales tools• Product Launch• Marketing program• Success stories• Market analysis• Competitive analysis (price, promotion, and place)

Director of Product ManagementPortfolio Planning

Strategic planning ● resource allocation ● PLC strategy ● pricing strategy ● competitive analysis (company & financial level)

Product Management vs. Product Marketing White Paper: www.280group.com resources section

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©2011 280 Group LLC. All rights reserved.10

Right Person for the Job

• Skills• Interest• Team fit• Needs

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©2011 280 Group LLC. All rights reserved.11

Baseline Skill Set

• Match responsibilities• Communicate expectations• Training• Coach/Mentor• Reading• Quarterly review

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©2011 280 Group LLC. All rights reserved.12

Process

• Can be a dirty word• Benefits• Not the end goal• “Lightweight” as possible• “Context” dependent• Buy-In

Lightweight Product Process White Paper: www.280group.com resources section

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©2011 280 Group LLC. All rights reserved.13

Process: Context

• Team• Size and maturity• Commitment• Dependencies• Development method

No process (chaos) All process (no work done)

StartupsFounder-drivenSales/Eng-driven“Lucky”

Large companiesDependenciesBureaucratic

Lightweight More formal

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©2011 280 Group LLC. All rights reserved.14

Lightweight

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©2011 280 Group LLC. All rights reserved.15

More Formal

© 2005-2011, Blackblot

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©2011 280 Group LLC. All rights reserved.16

What About Agile?

• Still need other phases• Development phase changes• Even more critical• Get CLEAR on rules

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©2011 280 Group LLC. All rights reserved.17

Assessing Process

• Identify the process(es) being used• Get clear on context• Compare against best practices• Identify strengths/weaknesses• Eliminate inefficiencies• Bolster weak areas

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©2011 280 Group LLC. All rights reserved.18

Tools

• Map to the process• Productivity• Leverage• Consistency• Appropriate for “Context”

– Templates– Software– “Just enough”

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©2011 280 Group LLC. All rights reserved.19

Product Manager’s Manual

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©2011 280 Group LLC. All rights reserved.20

Product Management Portal

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©2011 280 Group LLC. All rights reserved.21

Making it stick

• Develop plan– Charter– Roles– Process– Tools

• Management support

• Communicate to peers

• Be a broken record

• Tie into reviews

• Carrots & sticks

• Quarterly PM summit

• Sharpen the saw

Product Management Manifesto: www.280group.com resources section

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©2011 280 Group LLC. All rights reserved.22

280 Group Resources

• Free templates• White papers • Product Management Manifesto• 280 Group Product Management 2.0 Newsletter• 280 LinkedIn Group • PM job hunting/listings• Product Management 2.0 Blog • 280 Group Press books

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Go to www.280group.com in the “Resources” section.

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©2011 280 Group LLC. All rights reserved.23

Q&[email protected]

(408) 834-7518

Slides available at www.280group.com/optimize.pdf

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©2011 280 Group LLC. All rights reserved.24

Drawing!