Product Pulse: Modes, Money, and Making an Impact
Today's product landscape requires adaptability and a keen understanding of the business impact. We're seeing shifts in team dynamics, a renewed focus on financial literacy for PMs, and a constant need to improve product accessibility and user engagement. Navigating leadership changes and evolving product strategies also demand attention.
Key Stories:
Team Dynamics & Product Modes: The Beautiful Mess highlights that product teams aren't widget factories. Instead, they function best with varied modes of work, like "Questing" (collaborative missions) versus "Spellcasting" (heads-down individual work). Teams need to be conscious of the mix of modes and how they impact overall capacity.
Financial Acumen for PMs: One Knight in Product emphasizes that PMs need to speak the language of money. Understanding how products drive revenue, manage costs, and contribute to the bottom line is crucial for impactful decision-making and stakeholder alignment. PMs should craft "money stories" to illustrate the financial impact of their roadmap initiatives.
Boosting App Engagement: Product-Led Alliance shares strategies to increase app engagement and retention. These include simplifying onboarding, using push notifications wisely, encouraging feature use, personalizing experiences, and gamifying the app. The goal is to create an experience that users find valuable and return to.
Accessibility Imperative: UX Collective reports that almost 95% of homepages have accessibility issues. Designers and developers need to prioritize WCAG compliance to ensure inclusive digital experiences for users with disabilities. Common failures include low-contrast text, missing alt text, and missing form input labels.
Why it matters: These articles highlight the multifaceted role of the modern product manager. They need to be strategists, collaborators, financial analysts, and advocates for user accessibility and engagement.
Jenny Wanger's article on business cases connects to the need for PMs to understand the financial implications of their work. Knowing how to present a business case is essential to obtaining resources. Also, untrapping Product Teams stresses that the quality of leadership also impacts teams. Good leaders empower PMs.
Quick hits:
- DoorDash acquires Deliveroo: Signals a focus on global product strategy and platform integration.
- Surviving Managerial Changes: The Uncommon Executive gives advice on reinvesting in relationships and influence during leadership transitions.
- Roadmap Alignment: A strategic narrative kickoff can turn passive listeners into active translators of product strategy, according to HackerNoon.
Articles
Articles included in this digest.
TBM 356: Product Party Modes
For some context, I’m back in the product management game as Head of Product at Dotwork. Apologies for the delay in posting — it can be hard to juggle the day job and writing! We’re definitely in the controlled chaos stage as we onb...
Source: The Beautiful Mess | 11:02 PM
How Productboard Grows
Talk to product leaders at world-class companies, and they'll tell you: Productboard is becoming an essential tool in their stack. Salesforce, Zoom, VMWare, Autodesk… they all use it to build their products. With an enterprise client list as lo...
Source: Product Growth | 08:23 PM
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E245: Product Managers Need to Understand the Language of Money
YouTube Link | Podcast Link (all platforms) Who is Rich Mironov? Returning guest Rich Mironov (check out the previous episode) is a B2B product management legend, long-time blogger and author of "The Art of Product Management". He's recently moved to...
Source: One Knight in Product newsletter | 08:07 PM
DoorDash acquires Deliveroo to expand on global product strategy
DoorDash acquires Deliveroo in £2.9 billion deal, signalling big bets on platform integration and global expansion Read more » The post DoorDash acquires Deliveroo to expand on global product strategy appeared first on Mind the Product...
Source: Mind the Product | 07:45 PM
Becoming good at something
How intentional practice leads to true mastery Continue reading on UX Collective »
Source: UX Collective - Medium | 07:04 PM
95% of homepages are inaccessible
Here’s what UX designers can do about it Next week is the 14th annual Global Accessibility Awareness Day (GAAD). This tradition was founded in 2011 with the goal of getting more people to think about and apply web accessibility practices to include u...
Source: UX Collective - Medium | 07:00 PM
Context, intent, change, purpose, constraints – a model for communicating requirements
Discover a new approach to communicating product requirements by learning from the military orders process. Shift from rigid specs to clear intent, context, purpose, and constraints to empower software teams with autonomy and adaptability. Read ...
Source: Mind the Product | 04:20 PM
Product Analytics Summit | Silicon Valley
Catch up on all the sessions from Product Analytics Summit Silicon Valley. Hear from top product leaders from top companies such as Uber, PayPal, Reddit, and more.
Source: Product-Led Alliance | Product-Led Growth | 03:42 PM
15 Product Manager Interview Questions (And How to Answer Them)
Product Manager interview questions can be notoriously tricky; not because they’re designed to trip you up, but because they test how well you can think, communicate, and prioritize on the spot. Whether you’re new to the field or are a seasoned PM br...
Source: Product Management Blogs and Articles | ProdPad | 03:00 PM
5 proven strategies to increase app engagement
What is app engagement, and why does it matter? With over 5.5 million apps available across the Google Play Store and Apple App Store, users are spoiled for choice – and quick to hit uninstall. In fact, 94% of users abandon an app within...
Source: Product-Led Alliance | Product-Led Growth | 02:21 PM
How To Survive Manager Changes
Client: I spent years building up my reputation and credibility with my manager and her peers in leadership. Two months ago, they left the company. My company then brought in new leadership that operates differently. I’m no longer invited to th...
Source: The Uncommon Executive | 02:14 PM
How to Lead with Impact: 5 Mistakes Great Product Leaders Don't Make
Leadership is more art than science. How often do you stumble upon the following? • An outstanding PM gets promoted to Head of Products • A few months later, the team crashes • The once great PM is now a poor Head of Products Why does that happen? Wh...
Source: Untrapping Product Teams | 12:55 PM
Right-sizing your analysis to win approval: The business case spectrum
Not every business case needs to be a 40-page behemoth Kim was responsible for $500m of IT investment at her company. That meant reviewing 250 business cases each year. Some teams would spend weeks building out 40+ page business cases, trying t...
Source: Jenny Wanger | 12:27 PM
How have I been complicit in creating the conditions I say I don’t want? | Jerry Colonna (CEO of Reboot, executive coach, former VC)
Listen now: YouTube // Apple // Spotify Brought to you by: Eppo—Run reliable, impactful experiments Contentsquare—Create better digital experiences OneSchema—Import CSV data 10x faster Jerry Colonna is a world-renowned executive coa...
Source: Lenny's Newsletter | 11:02 AM