3. Product Management is cross-functional It is a matrixed role Product Managers must influence those around them to achieve desired results What do people say?
4. How can you INFLUENCE others to help you achieve your goals?
11. Gain people’s trust Understand their needs and objectives Know why they will block you Know their influencers and allies Know what is competing for their time Convince them you can help them Sounds like a sales process to me
19. Webvan – expanded to many cities New locations were also unprofitable
20. Webvan – How not to run a business Founded in 1999 Within 18 months spent $1,000,000,000 ($1 Billion) on warehouses, trucks etc. Rapidly expanded into multiple US cities Raised almost $500,000,000 by going public and bought out one of its largest rivals, HomeGrocer. By 2001, declared bankruptcy, firing 2,000 employees in the process.
32. The Change Cycle – truly a process Point of initial awareness Peak of Elation and Relief Slope of Understanding Plateau of Acceptance Trough of Anxiety and Confusion See http://wp.me/pXBON-1D3 for more info
38. Every Activity is part of a Sale Nail it, then Scale it Change is a process, not an event Think horizontally, act vertically Product Management Axioms