The Value Inequality is about Risk vs Price vs Value This is the second of two episodes (here’s part one) centered around what I call the Value Inequality. It’s a way of thinking about your customer’s perception of risk versus cost and value of your product. This episode is a bit wider ranging than the
of Product Management
In every episode of the Secrets of Product Management podcast you get actionable insights, techniques, and hacks to help you create more value in the world and accelerate your product management career.
The Value Inequality is new way of thinking about pricing, value, and the customer’s perception of risk.
Product Roadmaps – can’t live with ’em, can’t live without ’em Facts about roadmaps They are predicting the future As Neils Bohr said, “Prediction is hard, especially about the future.” A roadmap is interpreted as a commitment This is a cognitive bias of your audience You must manage it The audience doesn’t really want to
Is the Value Proposition problematic? Shreyas Doshi wrote in a post on LinkedIn a few months ago: In product management, it is easy to BS yourself (and others) when framing a proposal in terms of “Value Proposition”. Any proposal with the right business speak can be made to sound compelling that way. This happens all
You Can’t Test Quality In In this episode, some thoughts about quality: Two different ways of thinking about quality and its flipside, waste Fit for purpose vs lack of defects Mura, Muda, and Mira – the 3Ms of Japanese industrial engineering – waste (mura), inconsistency (muda), and overburden (mira) Links Shigeo Shingo A very thin
Build Your Own Product That’s the title of Andrew Bowker’s email newsletter, and his advice to anyone trying to get into product management. Andrew is a fast rising LinkedIn star, at least among the product management segment, focused on helping would-be product managers get their foot in the door of our amazing discipline. Links Andrew
Product manager interview tricks – what are they? In this episode, I share my insights on product manager interview tricks. Bottom line? There aren’t really tricks. But if you approach the interview with a product management mindset, and think about what the customer really needs when they say “I want faster horses,” you might gain
Never Assume You can’t trust anyone. Even yourself. Product managers have to keep an open mind, be empathetic, and work in a world of uncertainty. That uncertainty extends especially to ourselves and our own assumptions. So my guest John Fontenot has a warning – Never Assume! John’s new book Never Assume: 10 Fatal Assumptions Great
Getting your first product management job without PM experience is hard. In episode 118 of The Secrets of Product Management, some ideas on how to navigate this challenge:
About Your Host
Your host, and author of The Secret Product Manager Handbook
When I started in product management, there were no resources for learning product management.
To help new product managers avoid that struggle, for years I’ve been providing that “secret” information on my Secret Product Manager Handbook website, this podcast, and my YouTube channel.
(You can get a lot of my best material in the Kindle or paperback version of The Secret Product Manager Handbook - a real book! It’s crammed full of all the things I wish someone had told me when I started.)