34 Concepts to Outperform 99% Of Product Managers | by Katrine Tjoelsen | Sep, 2022

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After tons of of errors, I lead a group of product managers

Outperform 99% of product managers with these 34 concepts.

I was a awful product supervisor. The concepts beneath had been principally overseas to me.

Then inside a 12 months, I led the corporate’s essential product UI, and after one other 12 months I began managing a group of product managers.

I made errors, tried new behaviors, iterated, learn books by the masters, watched product talks on YouTube, and was coached by my colleagues. I additionally, sadly, learn a slew of rubbish recommendation on product administration.

If you happen to’re a PM wanting to fast-track your profession, then these 34 concepts are for you.

1. Take excessive possession

Fear much less about drawing up precise boundaries of your accountability.

As a PM, you do what must be executed. You’re a chief, no matter whether or not you’re a individuals supervisor. Hearken to Jocko Willink, a retired US Navy SEAL and writer of Excessive Possession:

“The chief should personal every little thing in his or her world. There isn’t a one else accountable. The chief should acknowledge errors and admit failures, take possession of them, and develop a plan to win.”

2. Learn extensively

How will you take excessive possession, with out publicity to areas like advertising, gross sales, and engineering administration?

Ebook suggestions:

  • Cherished by Martina Lauchengco (a part of Marty Cagan’s Silicon Valley Product Group) to study product advertising
  • Buyer Success by Nick Mehta, Dan Steinman, and Lincoln Murphy
  • Promoting to Huge Firms by Jill Konrath. A bit outdated (don’t take every little thing it says as fact — as one shouldn’t for any e-book), however it exhibits how enterprise gross sales are vastly completely different from shopper gross sales
  • An Elegant Puzzle by Will Larson to study engineering administration

3. Do teamwork, not solo work

Engineers are good — contain them all through consumer analysis.

Interact (don’t simply inform) colleagues from buyer success, product advertising, and gross sales in evaluation and decision-making; they’ve actual perception into what acquires and what retains clients.

Assist the builders and designers in your group really feel like heroes. Allow them to current their work once they wish to. Communicate extremely of them to others. Have a good time progress.

4. Be the knowledgeable on the shopper, the info, the area, and the product

Develop these habits:

  • Set a minimal variety of consumer interactions to have per week.
  • Schedule a time to evaluate utilization information daily.
  • Use the product your self frequently.
  • Learn deeply concerning the area. If you happen to’re working for Salesforce, then study what salespeople do and concerning the newest developments inside gross sales. (Trace: If the area doesn’t curiosity you, you’re on the fallacious firm.)

5. Ask your self, “which information would make you alter your thoughts?”

Retain a scientific mindset, all the time.

Achieve this even when you get invested in an thought you got here up with, even when a buyer tells a compelling story, and even when your stakeholders are pressuring you to prioritize a selected characteristic.

If you happen to’re not probably the most evidence-driven, who will then be?

6. Notice that you just’re all the time promoting

Perhaps you detest gross sales. Properly — recover from it.

The profitable PM is all the time promoting. They’re promoting their group on transferring ahead with a specific thought. They’re promoting the product imaginative and prescient internally. They’re working with gross sales and advertising to promote the product to clients.

Lean into promoting and discover ways to be a persuasive evangelist.

7. Floor every little thing in a product imaginative and prescient

The product imaginative and prescient describes the longer term we are attempting to create, sometimes someplace between two and 5 years out. For {hardware} or gadget‐centric corporations, it’s normally 5 to 10 years out.
— Marty Cagan in INSPIRED.

You’ll want to deliver your colleagues alongside to assist understand the product imaginative and prescient. Meaning you should talk that imaginative and prescient.

These are a few of Marty Cagan’s suggestions for imaginative and prescient:

  • Begin with why.
  • Notice that it’s a leap of religion.
  • Flip it right into a persuasive easy-to-understand piece, comparable to a storyboard or a visiontype (a visible prototype, meant as an example a future that may be, the place the large image issues however the particulars don’t)

8. Begin with the end result in thoughts

As PMs, we shortly study to give attention to issues over options.

But, consumer issues aren’t what issues probably the most; enterprise outcomes are.

The start line ought to be, “Let’s revisit our OKRs. What are concepts for the way we are able to drive this particular key consequence?”

9. Generate 10+ concepts per day

Generate dozens extra concepts than you suppose you want.

Two of my favourite instructors from Stanford, who wrote a e-book known as Ideaflow, defined how we shortly marry our first thought with out even contemplating different concepts.

They made us generate 10+ concepts per day to construct the concept muscle and see for ourselves how the primary thought was not often the very best thought.

Good concepts come from amount, not from silent contemplation.

10. Concepts and proof come from analysis. Do analysis deeply and share it extensively

Perception is your forex as a product supervisor.

Consumer analysis, information evaluation, and market analysis are sources of perception. Our concepts and choices ought to be based mostly on this perception.

However you received’t persuade others of an thought or a call except they get entry to those self same insights. Share analysis extensively alongside the way in which.

11. Construction your considering like Teresa Torres

Discover ways to map concepts in an alternative answer tree, as described by Teresa Torres.

It helps you preserve a give attention to the end result and separate between alternatives, options, and experiments.

12. Derisk Marty Cagan’s 4 large dangers

Marty Cagan teaches us that earlier than constructing a characteristic correctly, you wish to ensure it’s the best one.

What if clients received’t pay for the concept? What if we’re unable to construct it?

All the time check for:

  • Worth / desirability
  • Usability
  • Feasibility
  • Enterprise viability

13. Check the riskiest assumptions first

The largest threat is usually worth: whether or not or not customers or clients will use or pay for a brand new characteristic.

Why spend time testing usability, if we don’t know whether or not there’s demand?

14. De-risk as cheaply as attainable

We will virtually all the time be quicker and scrappier with our testing of concepts.

The Proper It by Alberto Savoia provides a menu of how to check concepts in hours, not days.

Use, for instance, the pretend door check: Create a button for a characteristic within the UI. When customers click on it, simply inform them that you just’re contemplating including the characteristic and that you just’re searching for customers to talk with about it.

15. Do not forget that completely different strategies give completely different proof high quality

If you happen to’re testing for demand, what issues most?
(A) 10 individuals saying that they want a sure product after you clarify it to them
(B) 2 individuals placing of their fee particulars after studying concerning the product

Actually (B). Speak is reasonable. Folks keen to pay have pores and skin within the recreation. Customers even have pores and skin within the recreation in the event that they half with their electronic mail handle or spend time (e.g., by attending a webinar or making an attempt out a characteristic).

The e-book Testing Enterprise Concepts describes many extra experiments and the proof energy of every sort.

16. Worth-effort tradeoff is nice, however know that we overestimate influence and underestimate effort

As a brand new PM, I naively celebrated the value-effort matrix, excited to have an easy-to-understand framework for prioritization:

We wish to prioritize what’s excessive influence and low effort. Then I realized that the large bets had been actually dangerous — the upper the hassle and the upper influence, the much less correct our estimates can be.

Itamar Gilad took it additional. In his wonderful weblog submit, he describes how behavioral economists have discovered that we underestimate the hassle and overestimate the influence. Moreover, some concepts result in unfavorable outcomes, so Gilad says the matrix seems extra like this:

17. All the time talk proof

Recall that your forex is perception, not opinion.

Persuade your group and your stakeholders by persistently speaking the proof. What did customers say in interviews? What are insights from consumer information?

18. And clarify the method earlier than presenting a roadmap

Stakeholders wish to know that you just’ve been rigorous.

  • What information and evaluation went into the roadmap?
  • Who have you ever spoken with? Has their division been represented within the course of?

19. However don’t neglect storytelling

Evangelizing continues to be storytelling.

Are you able to inform the story of a buyer going by way of a hero’s journey?
“Meet buyer Joe. Joe struggles. He can’t accomplish what they wish to do due to such and such. However now we’re planning these enhancements within the product. This improves Joe’s life in these methods. And Joe is only one of many shoppers.”

20. Discover ways to construction displays

These are some confirmed frameworks:

  • What -> So what -> Now what
  • Previous -> Current -> Future
  • Purpose -> Alternate options -> Evaluation

I wrote extra about them right here.

21. File and rewatch your displays to turn into a greater public speaker

I took a Strategic Communications class in my Stanford MBA program, the place they made us document and rewatch all our displays thrice:

i) First with out sound, solely watching
ii) Then with out picture, solely listening
iii) Lastly, watch as regular

Doing so made my fidgeting, “uhms”, and T-rex gestures way more apparent. It helped me assess how I used to be doing on these 12 practices to talk confidently whereas partaking the viewers and enhance 5x quicker.

Strive recording and rewatching your self.

22. Over-communicate

Imaginative and prescient, technique, concepts, and proof are all the time much less clear to everybody else; they’re not swimming within the content material the way in which you’re.

Over-communicate: Do a presentation, an announcement electronic mail, a Slack message, one other presentation, an async recording, one other Slack message, repeat it at standup, and extra.

Don’t be afraid to repeat a message 10 occasions in several codecs.

23. KISS: Preserve it easy, silly

A sophisticated message is even tougher to convey the way in which you imply it.

Easy is the very best treatment.

24. Perceive intention, not simply the request

Requests come on a regular basis out of your supervisor, reps from Buyer Success, and different groups.

Whereas others might formulate the request as an ask for an answer, that has two issues:
i) Maybe there are higher methods to resolve their drawback?
ii) How will you assess the precedence of the request, with out seeing the way it matches into an even bigger image?

Ensure you perceive the individual’s intentions.

25. Don’t say sure or no to your supervisor: clarify the tradeoff

A supervisor asking you to do one thing expects an excuse should you say no.

However managers don’t like no’s and so they don’t like excuses.

Right here’s find out how to get out of the bind:
“Attention-grabbing proposal! Proper now I even have such and such on my plate. Would you want me to down-prioritize any of the present initiatives to find time for your proposal?”

An specific tradeoff frees us from overcommitting, whereas it reminds the supervisor of our different duties and offers them company to set general priorities.

26. Get full alignment on OKRs along with your supervisor

To begin with the end result in thoughts for day-to-day product work, the end result must be cleared along with your supervisor.

Settlement on the end result provides context for all different communication.

27. Ask for what you want out of your supervisor

Notice that your supervisor needs that can assist you — even when they don’t know find out how to.

Make it straightforward in your supervisor by asking for what you want.

Bonus: If they will’t make it easier to with what you want, at the least you’ve known as consideration to a problem you’re dealing with.

28. Do assist your colleagues — simply handle your time whilst you do it

Colleagues are additionally working laborious to make the product succeed; a part of your job is to assist them.

The answer to the product supervisor’s time crunch is to not be a meager collaborator.

As an alternative, insist on requirements for the way assistance is requested for and discover time-efficient methods of serving to.

29. Decline poorly deliberate conferences

Calendar invitations with goal nor agenda are a time drain. Don’t allow them to steal your time.

Ship a well mannered message to the organizer and ask for an goal and agenda.

Nudge your colleagues to make use of these 10 steps to run A+ conferences.

30. Resist standing conferences by asking for async options

A weekly standing assembly for one challenge, your supervisor’s weekly group assembly, a weekly sync with a product advertising supervisor, one other weekly standing assembly, and that’s how your time erodes away.

Ask, “May this be dealt with asynchronously as a substitute?”

31. Embrace 1:many communication

A single, well-crafted electronic mail can provide many the required info whereas additionally repeating core messages (#22: Over-communicate) and changing standing conferences (#30 Resist standing conferences).

Launching a brand new characteristic? Spend money on well-written documentation and guides for each customers and internals upfront, and share these sources with anybody who has questions.

32. Use templates so that you could use your artistic ideas the place it issues

Save time with pre-written constructions.

Lenny Rachitsky, the creator of the product administration e-newsletter Lenny’s Publication, collected his favourite product administration templates right here.

Save the favourite slides you come throughout so that you could reuse them later to make new displays quicker.

33. Make investments sufficient in processes to avoid wasting your self time later.

Whereas course of planning may be boring, it’s even worse to spend time cleansing up the mess later.

Right here’s find out how to run initiatives easily.

34. Get entangled in max one or two initiatives outdoors your product accountability

I’ve mentored high-performers who wish to become involved in every little thing.

And different colleagues need them concerned too as a result of they’re keen, competent, and take possession.

However by taking up too many outdoors obligations, efficiency of their core job falters. Being a PM is already greater than a full-time job.