Product Ideas for a Startup vs Huge Firm with Microsoft Senior PM

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This week, Product Faculty hosted John Shotton, Senior Product Supervisor at Microsoft, for a particular #AskMeAnything session. John acknowledges that in Product Administration, context is every thing. A startup PM doesn’t method a product the identical method a giant firm PM does, so he addresses problem-solving from each of those views!

Meet John

John Shotton, Senior Product Manager at Microsoft

John Shotton is a Senior Product Supervisor with a powerful background in constructing data-focused merchandise. He’s presently working at Microsoft, main freemium upsell progress for Microsoft 365 and Onedrive. He’s additionally the Co-founder and Lead PM at Nuggets, a pc software program firm he helped create in 2021. John additionally beforehand labored as a PM for Knowledge and Analytics at HP.

What approach do you utilize to outline person persona and to phase them? Do you suppose segmenting persona based mostly on demographics as a major issue is an effective method?

There are two totally different solutions. One for bigger corporations and one for startups.

For bigger corporations, there are already predetermined buyer segments (e.g. demographics like location, financial standing, age, and many others.), and also you simply go along with these, particularly for extra mature merchandise.

So far as startups go, that you must be extra particular. Don’t use demographics, however as an alternative envision your dream buyer, what they’re like, what they want, and construct round that. Huge corporations attempt to hit as many individuals as you possibly can, however if you’re simply getting began, construct particular merchandise for area of interest audiences.

group of people in white shirts, all standing and looking down at their phones

What alerts from customers do you have a look at essentially the most when contemplating tips on how to get folks to improve to the paid variations?

Nice query. Alerts that I take advantage of? 1) Frequency of “free function model” use and a couple of) taking a look at variety of clicks on numerous paywalls. Mainly, I’m in search of the locations the place folks hit ache within the free model and simply dig in a little bit extra there.

How ought to I get began when transitioning into Product? Is it powerful to get entry degree PM positions?

Construct your individual product (e.g. an app). You construct an app, launch it, develop it, and also you’re set for PM roles. That’s what I did principally. I by no means had an entry-level PM place.

Which books would you recommend for vital considering and design considering?

The Construct Entice is a improbable e-book for product considering. For design considering, I actually appreciated Design of On a regular basis Issues, though it’s barely dated. For vital considering although, I truthfully suppose an engineering background, generally, is one of the best ways to develop that. Or any method you possibly can discover ways to break issues down into their most basic ideas. 

For different e-book suggestions: 10 Free eBooks For Your Product Supervisor Library

person sitting on bed, in darkness. there is a shaft of light coming in through a window above illuminating the book

How can a PM put together for a distinct kind of trade/firm fully unrelated to their present firm?

That’s query. I feel, at the least from my expertise, simply spending time to grasp the client base. Prioritization and stakeholder administration expertise translate over to different PM roles tremendous simply. Simply study to grasp your new buyer base and construct from there.

We frequently discuss constructing merchandise with fail quick method, get suggestions and be able to pivot based mostly on buyer response. If that’s true, how do you construct the product roadmap? What’s the timeline?

So I really like this query, however I’m gonna give a barely controversial reply. Product roadmaps for startups and large corporations are completely totally different. Startups, you don’t even take into consideration a roadmap. You simply prioritize what you suppose are improbable options for patrons by max potential influence, after which simply construct construct construct.

However for giant corporations, product roadmaps generally are on the months to years body. These are performed and prioritized based mostly on market/person analysis and plenty of stakeholder negotiation. By the point your product roadmap is finalized, it can look fully totally different than the one you began with.

Take a look at: The Distinction Between Startup PMs & Huge Company PMs

I’m a advertising supervisor at an aviation firm and authorized PMP with a knowledge background, seeking to turn into a PM at a tech firm. Do any tech corporations provide applications for mid-level PMs to get began? 

Tbh, Product Administration is one thing you simply kinda determine on the fly. The truth that you have got PMP and formal advertising expertise is a large leg up. I didn’t have any of that. I simply have kinda been winging it. (pun supposed)

Microsoft does have some inside coaching for PMs and whatnot, however one of the best ways to get expertise in my view is studying books on Product Administration, after which immediately making use of these ideas in your present position. I do suppose that Microsoft loves folks with information backgrounds, so I’d simply apply to data-related PM positions on-line. That’s what I did, and I finally landed this position.

underbelly of a backlit plane flying overhead

How do you reply with product modifications rapidly if you establish a brand new market phase? Most corporations get caught in a number of sprints of dev cycles to create new plans/packages to drive conversion from freemium to paid.

“Shortly” is hard tbh. You might be completely proper that corporations get caught on cycles making an attempt to optimize upsell, Microsoft included. In a startup setting, you simply make the choice to pivot and construct one thing totally different. Full ship and no second-guessing that.

However at a big firm, you need to do two issues on the similar time. You must “take a look at” or experiment on the aspect the product modifications (which takes some time in and of itself) whereas operating your present product set. When you show that this alteration offers a powerful sign in your new market phase, then you possibly can roll it out broader. Nonetheless, the bigger the corporate, the smaller you possibly can change at any given time.

My prime degree execs are purely centered on income technology. The tech staff can’t construct new options quick sufficient for them, and there’s low staff morale due to issues not figuring out regardless of the hassle put in. What would you do on this scenario?

I want I had reply for this, however I don’t know, sadly. Nonetheless, the primary factor you will need to do as a PM is to speak to the executives to make them have a product mindset and a developer-friendly mindset (which is a tall order). If the execs don’t get it, you then’re in for a longgg journey.

Learn subsequent: Why Do Product Managers Stop?

There are 2 approaches to doing person interviews: 1) ask a bunch of questions to determine ache factors, and a couple of) kind a speculation and use the interviews to validate it. Which do you suggest? Is there a greater reply to ‘What ought to we construct subsequent that may yield the very best ROI for our customers?’

Truthfully, that’s considered one of my favourite roles. Cofounder/first PM. You might have fairly an thrilling time forward of you!

Okay, you might not like this reply, however though “1” is extra appropriate in method, I like to recommend doing method “2″. Right here’s why imo. Once you’re at a small stage, you continue to don’t know what customers will resonate with essentially the most. It’s truthfully sooner to simply use your intestine instinct to crank out MVPs of options and validate them than doing the person interviews first.

Particularly at a small scale, customers don’t know what they need, so that you’re nonetheless going to need to undergo a number of iterations of options anyhow. Simply construct construct construct.

For the final query you have got, don’t bathroom your self down with the very best ROI. Shoot for excellent ROI however constructed quick. Then you possibly can optimize from there.

person in white shirt sitting at table strewn with writing tools. This person is holding a phone to their ear and looking down at the table

What primary instruments ought to a PM know to hold out information analytics and measure KPIs for digital shopper merchandise?

Energy BI/Tableau or any good information visualization device. You already know tips on how to learn information, however what’s extra essential is with the ability to talk your information in such a method that almost all stakeholders can perceive your pov in 5 sec or much less.

Any remaining ideas?

Truthfully, if I needed to give one piece of recommendation to Product Managers, it’s principally to belief your intestine. Typically all of us get slowed down with a whole bunch of sources of information, conflicting person pursuits, differing stakeholders. Simply drift, and in the event you’re incorrect, it’s completely okay! you possibly can appropriate your mistake. Nevertheless it’s higher to belief your intestine, execute, and get it incorrect than to not do something in any respect. This goes for PM jobs, making use of to PM jobs, and your profession as an entire. Thanks for the good questions, everybody!