Date post: | 13-Jul-2015 |
Category: |
Leadership & Management |
Upload: | jon-fukuda |
View: | 138 times |
Download: | 1 times |
Established in early 2011 as an innovative community in
New York City for entrepreneurs and startup companies,
General Assembly is an educational institution that
transforms thinkers into creators through education in
technology, business, and design at twelve campuses across
four continents.
GA Mission Statement
Product Management: Let's Break it Down
Product Management Immersive
In this 10-week course, students
will learn to navigate the product
cycle, from evaluating users and
managing a roadmap to creating
an MVP and developing metrics.
Product Management Immersive
‣ Understand your users and analyze the market to build a product that is both desirable and viable
‣ Create a roadmap and effectively manage communication with all stakeholders
‣ Develop metrics to measure your success and make tough decisions
INTRODUCTION
‣ MISSION: BRING UX PLANNING AND DESIGN MANAGEMENT TO A WIDE RANGE OF COMPLEX INFORMATION TECHNOLOGIES.
‣ WHO ARE YOU? USER EXPERIENCE SPECIALIST WITH A FOCUS ON INTERACTION MODELING AND GRAPHICS DESIGN WITH EXPERIENCE LEADING FRONT END REQUIREMENTS, STRATEGY, DESIGN, TESTING AND EVALUATION ENGAGEMENTS.
‣ SPECIALTIES:
JON FUKUDA CXO, LIMINA.CO
9
‣ User Experience Strategy & Future Mapping ‣ Sostware/UI Evaluation ‣ User research / Usability Testing ‣ Competitive Analysis
‣ Custom UI Design ‣ GUI Standards Documentation ‣ Usability Enhancement ‣ Implementation Support
AGENDA
‣ WHO (is the product manager?)
‣ WHAT (does the product manager do?)
‣ HOW (do they do it?)
‣ Got it? Great, Now you do it!
10
PRODUCT MANAGEMENT: LET’S BREAK IT DOWN
WHO’S THE PRODUCT MANAGER? 12
3 Roles: 1) Strategic Management 2) Visionary Innovator 3) Tactical Day-to-Day product ops Product managers must deliver value to the business and play a strategic role in determining the actions to achieve this. But their role is also hands-on and involves collaborating with multiple internal stakeholders
THE QUINTESSENTIAL MULTI-TASKER
You
Strategy
Senior Management
Marketing
Sales
Customer Service
Operations
Finance
R & D
Engineering or
Production
PRODUCT MANAGEMENT: LET’S BREAK IT DOWN
KEY CONCEPTS IN PRODUCT MANAGEMENT In a nutshell: planning, forecasting, production, and marketing of a product.
‣ Responsible for analyzing market conditions and defining features or functions of a product and managing it’s success in the market place.
13
‣ Management
‣ Marketing operations
‣ Customer Service
‣ Identity management
‣ Research
‣ Segmentation
‣ Strategy
‣ Product marketing
‣ Dominance
‣ Social marketing
‣ Pricing
‣ Distribution
INVESTMENT COST REVENUE
PRODUCT MANAGEMENT: LET’S BREAK IT DOWN
WHAT : THE PLC? ‣ reduce time to market
‣ improve product quality
‣ reduce prototyping costs
‣ identify potential sales opportunities and revenue contributions
‣ reduce environmental impacts at end-of-life
15
THE PLC
DESIGN
ADVANTAGE
SPEED
GROWTH MAINTENANCE
GRACE -&-
CONTINUITY
THE GRIND = INSIGHT ‣ monitor product performance
‣ report on results
‣ respond to the issues
‣ grow product performance in the market place
‣ manage the PLC
PRODUCT MANAGEMENT: LET’S BREAK IT DOWN 17
INSIGHT = INNOVATION New Product Development ‣ Innovate
- generate and rank ideas
- validate ideas agains the market place
- determine the ROI
‣ Design
- immerse team in customer problem
- define solution for production
‣ Implement:
- manage build
- prepare external messaging
- ensure operational readiness
NPD
IDEATE
EXPLORE
FOCUS BUILD
DEFINE IMMERSE
PREPARE
LAUNCH
ASSESS OPPORTUNITIES
SCALE TO BUSINESS CASE
MARKET PLANNING
DESIGN
PRODUCT MANAGEMENT: LET’S BREAK IT DOWN 18
UNDERSTANDING THE NEEDS OF YOUR USERS TO ENSURE PRODUCT / MARKET FIT ‣ Market Analysis : Unmet or Poorly Met Needs
‣ Competitive Analysis: SWOT
‣ User Research: Who are these, so called, “users” & what do they really need?
‣ Is there a rally cry for disruption?
SUMMARY KEY CHALLENGE / QUESTION SUMMARY KEY CHALLENGE / QUESTION
CASE STUDY
Come from behind and take over the market.
Moonlighting is a fledgling startup mobile application who’s goal is to take on fivr, taskrabbit, uber, lyft, angie’s list, craigs list and more by putting the peer-to-peer mobile economy in everyone’s hands.
MOONLIGHTING OPPORTUNITY. EVERYWHERE.
20
KEY OBJECTIVE(S) AGENDA
RESOURCES DELIVERABLE
KEY OBJECTIVE(S) AGENDA
RESOURCES DELIVERABLE
EXERCISE
If you were product manager for Moonlighting, what would you do to ensure the company’s success?
5 mins
2 mins.
3 mins
2 mins
3 mins
1. Overview of market need and potential solution
2. Jot down some market competition (SWOT)
3. Jot down critical success factors (features)
4. Tell me your go to market strategy
5. What are your KPI’s
Pseudo Product Development Plan
Pencil/Paper -or- Whiteboard
21
YOU’RE THE MAN NOW, DOG!
PRODUCT MANAGEMENT: LET’S BREAK IT DOWN 22
DISCUSSION: BARRIERS & RISKS
‣ What are they?
‣ What will you do to mitigate or eliminate them?