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AIPMM Webinar Series

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© AIPMM 2013       @AIPMM             www.aipmm.com
© AIPMM 2013   @AIPMM   http://www.aipmm.com
                                   www.aipmm.com
Founded 1998
          Largest Product Management professional group
          Provides professional development and
            certification
               • Certified Product Manager
               • Certified Product Marketing Manager
               • Agile Certified Product Manager

               • Certified Innovation Leader

© AIPMM 2013                      @AIPMM               www.aipmm.com
Today’s Speakers
   Moderator:
       Cindy F. Solomon, CPM, CPMM
       Founder, Global Product Management Talk
       Startup Product http://startupproduct.com
       @cindyfsolomon @ProdMgmtTalk @startupproduct


   Presenter:
       Alex Cowan, CTO of Leonid Systems And Author
       site: www.alexandercowan.com
       blog: http://www.alexandercowan.com/blog/



© AIPMM 2013            @AIPMM #prodmgmt
                                    @AIPMM            http://www.aipmm.com
                                                                    www.aipmm.com
Win!
         A drawing will be held for a FREE
         COPY of Alex’s book:




© AIPMM 2013              @AIPMM             www.aipmm.com
Stay on To Win!
      •Keep your Chat box open!
      •Post your Questions in the Questions box during the session for
      Alex to answer during the Q&A at the end!

      Participants who ask questions will be entered into the drawing
      to win a hard copy of Starting a Tech Business (Wiley, 2012), a
      primer for non-engineers who want to up their game with the
      latest techniques and foundations concepts in product
      development.

      Winner will be announced at the end of the session!



© AIPMM 2013         @AIPMM #prodmgmt
                                 @AIPMM            http://www.aipmm.com
                                                                 www.aipmm.com
FEATURED PRESENTATION


© AIPMM 2013       @AIPMM     www.aipmm.com
Disrupting Enterprise Software And Corporate IT
   In Six Steps


info@alexandercowan.com
alexandercowan.com
@cowanSF
                                         Copyright 2012 Cowan Publishing
Copyright 2012 Cowan Publishing
Copyright 2012 Cowan Publishing
alexandercowan.com/blog
@cowanSF   alexandercowan.com/speaking
           alexandercowan.com/resources
                                   Copyright 2012 Cowan Publishing
}              {
Design Thinking
Lean Startup
                      BIG VOID       Actual Practice
Customer Dev.
Agile




                                           Copyright 2012 Cowan Publishing
DESIRE       KNOWLEDGE      ACTION




to learn      of software   to work on
more about    development   new ideas
launching     not assumed
new ideas
IDEATION
PLANNING
ORGANIZATION
DEVELOPMENT
          Copyright 2012 Cowan Publishing
IDEATION
Then

Self-Love



            Copyright 2012 Cowan Publishing
IDEATION




           Copyright 2012 Cowan Publishing
IDEATION
Then        Now

Self-Love   Design
            Thinking


                  Copyright 2012 Cowan Publishing
IDEATION




Empathy    Creativity
                    Copyright 2012 Cowan Publishing
IDEATION




           Copyright 2012 Cowan Publishing
IDEATION
           1   Entry

           2   Urinate as they go

           3   Edges preferred

           4   Speedy

           5   PB > cheese

Empathy
                                    Copyright 2012 Cowan Publishing
Check & Repair    1


         UV Validation   2


   Relevant Placement    3


  A Better Mouse Trap    4


Powered by Better Bait   5


                             Creativity
                                      Copyright 2012 Cowan Publishing
IDEATION




Personas
           Copyright 2012 Cowan Publishing
IDEATION




           women
           age 28-45
           kids
           socialize with other mom’s
           online with Facebook
           86% said they’d like to be
           more organized
           70% said they’d use an
           application that organizes them

                     Copyright 2012 Cowan Publishing
IDEATION




           Copyright 2012 Cowan Publishing
IDEATION
           Neela is a mom by choice. She had a successful career
           in accounting, but welcomed the opportunity to be a
           stay at home mom. She loves it. But it’s not like having
           kids purged her creative, social instincts. She wants to
           connect, she wants to learn, she wants to interact.
           Being a mom is a job and she wants to do it well. That
           means corresponding with other mom’s on relevant
           topics and keeping the family calendar in ship shape.
           She posts to Facebook at least twice a week and
           responds to other moms’ items more often than that.


           She shops at Nordstrom, but only if it’s a holiday or
           there’s a sale. For essentials, she’ll pick up bargains at
           Marshalls or Target. For household stuff, Costco is the
           go-to place, but she’ll pick up fresh items at the farmer’s
           market when it’s up and splurge at Whole Foods when
           they’re having company.




                                             Copyright 2012 Cowan Publishing
IDEATION




            ?

          Problem   User
Personas
         Scenarios Stories
                     Copyright 2012 Cowan Publishing
IDEATION
                          PERSONAS


Drafting   Epic Stories
                Stories


Stories     Test Cases

                                     “As a [persona],
                                     I want to [do something]
                                     so that I can [derive a benefit]”




                          STORIES

                                                Copyright 2012 Cowan Publishing
IDEATION




   Borrowed with utmost regard from Banksy (banksy.co.uk)




Copyright 2012 Cowan Publishing
PLANNING
Then                                                                                             Now

Five Year                                                                                        Iterative
Plan
45,000,000%
                                                                                                 Management
40,000,000%

35,000,000%

30,000,000%

25,000,000%
                                                                                      Revenue%

20,000,000%                                                                           Expense%

                                                                                      EBITDA%
15,000,000%

10,000,000%

 5,000,000%

         0%
              2012%   2013%   2014%   2015%   2016%   2017%   2018%   2019%   2020%
!5,000,000%




                                                                                                       Copyright 2012 Cowan Publishing
PLANNING

45,000,000%

40,000,000%

35,000,000%

30,000,000%

25,000,000%
                                                                                      Revenue%

20,000,000%                                                                           Expense%

                                                                                      EBITDA%
15,000,000%

10,000,000%

 5,000,000%

         0%
              2012%   2013%   2014%   2015%   2016%   2017%   2018%   2019%   2020%
!5,000,000%




                                                                                                 Copyright 2012 Cowan Publishing
PLANNING
Do I have real evidence from my buyer that   01 IDEA!
this is compelling?

What are the key assumptions                 02 HYPOTHESIS
required to make this business work?

How do I definitely prove or disprove        03 EXPERIMENTAL DESIGN
the assumptions with a minimum of
time and effort?
Am I reacting or am I focused on             04 EXPERIMENTATION
validating my pivotal assumptions?

‘Pivot or persevere?’




                                                        Copyright 2012 Cowan Publishing
PLANNING
Priority   Key Assumption              Needs Proving?   Experimentation


           [A key assumption about [Whether it needs    [Experiment to
1                                  proving
           the business]                                prove or disprove]

                                                        * Post the proposition in ads
           Parents want to better                       online
1          organize the distribution   Yes
           of allowances                                * Measure sign-up’s on a landing
                                                        page

           Parents have smart
2                                      No               n/a
           phones




                                                                      Copyright 2012 Cowan Publishing
PLANNING




           Copyright 2012 Cowan Publishing
PLANNING




                         $
           Copyright 2012 Cowan Publishing
ORGANIZATION
Then        Now

Aping       Customer
       ==   Development


                  Copyright 2012 Cowan Publishing
ORGANIZATION




               ≠


                   Copyright 2012 Cowan Publishing
ORGANIZATION




               Copyright 2012 Cowan Publishing
ORGANIZATION

                                   X: Big Company      X: Lack of Experience       X: New Theories to
           X: < Odds at Lotto      != Small Company    in Hands-on Discovery       Explain Plan v. Actual
           5 Year Plan ==          VC-Encouraged       Big Company                 Time to Face the Music
           10x Returns!            Menagerie           Recipes Applied



                                                                          +                                 +


Founders               Investors               New Hires              Expanded Team               Board

New Idea!              It Works!                                      Working 5 Year Plan         Revisions to Plan
                                                                                                  == Edgy Board
                       X: Want Lots of                                X: Better Luck with         X: Fun and Profit-
                       Capital at Work                                the Lottery                 Unlikely




                                                                                        Copyright 2012 Cowan Publishing
ORGANIZATION
                                                                                      Validated Learning
            Lower Risk &         Clear Focus in                                      Answers Shared
           Capital Requirement Hiring & Contracting                                  Questions
           Key Assumptions     Resources As                                          Time to Face
           ID’ed, Validated    Needed                                                the Music



                                                                        +                                    +


Founders               Investors              New Hires            Expanded Team                   Board
                       Investors?             Focus on Validated   Full Tilt at a ‘Pivot or
New Idea!                                                                                          Is approach
                       Advisors?              Learning             Persevere’ Moment               working or not?
                        Option for             Roles and Success     Progress is Quick                Fun & Profit
                       Non-Traditional        Criteria Clear       and Measurable
                       Funding Strategies




                                                                                         Copyright 2012 Cowan Publishing
DEVELOPMENT


              Individuals         Processes
                              >
              Interactions        Tools


              Working             Comprehensive
              software        >   Documentation

              Customer
              collaboration   > Contract
                                negotiation


              Responding      > Following
              to change           a plan



                                           Copyright 2012 Cowan Publishing
DEVELOPMENT
Then        Now

Waterfall   Agile



                    Copyright 2012 Cowan Publishing
DEVELOPMENT

   Past              Present             Future



  validate feature    collaborate with    observe and
  relevance with      development         envision what’s
  customers           team                next


                                           Copyright 2012 Cowan Publishing
DESIGN THINKING
LEAN STARTUP
CUSTOMER DEV.
AGILE
           Copyright 2012 Cowan Publishing
Copyright 2012 Cowan Publishing
?
                        ?
    ?                                               ?
                                        ?
                ?                               ?
    ?                       ?

?                               ?           ?                          ?
                    ?
                                    ?           ?
                        ?
        ?   ?                                       ?


                                                        Copyright 2012 Cowan Publishing
Copyright 2012 Cowan Publishing
7   4   1   1   4       7


0   8   5   2   2   5       8          0


    9   6   3   3   6       9




                        Copyright 2012 Cowan Publishing
4           1
        7       1
                            4
            5                       8
                        2
0                                                      0
        8           2                   7
                        5

    9       6   3
                        3                   9
                                6

                                        Copyright 2012 Cowan Publishing
4           1
        7       11
                            4
            5                       8
                        2
0                                                      0
        8           2                   7
                        12

    9       6   3
                        3                   9
                                6

                                        Copyright 2012 Cowan Publishing
Copyright 2012 Cowan Publishing
Copyright 2012 Cowan Publishing
?


        x




    Copyright 2012 Cowan Publishing
?


        x




    Copyright 2012 Cowan Publishing
direction
                       personas
                      user stories




                   DESIGN    LEAN
                  THINKING STARTUP
                                      hypothesis (assumptions)
working product
                                      experimental design

                           CUSTOMER
                   AGILE
                             DEV.




                      roles & team
                       objectives
                                           Copyright 2012 Cowan Publishing
WAGING EVOLUTION: 6 TIPS

         DON’T ASK                             BROADCAST
  GO     PERMISSION               BROADCAST

         Just do it.                           Leverage your work on an
                                               everyday basis. Make sure
                                               everyone knows where to find it.


         SHOW DON’T                            MAKE YOURSELF
 SHOW    SELL                     YOUR AGILE   AGILE
         Build something worth                 Structure and organize your
         seeing.                               work on the principals.




         IDENTIFY A                            MAKE YOURSELF
 FOCUS   BEACHHEAD               AWESOMENESS   AWESOME
         And storm it.                         And everything else will fall into
                                               place.
                                                           Copyright 2012 Cowan Publishing
20
MIN
      CONCEPTS AND EXAMPLES




20
MIN
      CASE STUDY




                              Copyright 2012 Cowan Publishing
THE STORY
        In 2007.
        I left cloud
        telephony
        provider,
        BroadSoft. . .
               Copyright 2012 Cowan Publishing
THE STORY
       IT                     NETWORK
     Portals
                          Application Servers
                                                 . . . to pursue
                                                 new ideas
      CRM
Order Management
                          Host Infrastructure

                                                 about the
 Service Delivery
     Billing
                              Data Transport

                                                 delivery of
   Case Mgmt.
    Inventory
                         Customer Equipment

                                                 cloud
    Workflow



  Service
  Design
                    Process
                    Design
                                Customization
                                 & Integration   services.
                CONSULTING
                                                        Copyright 2012 Cowan Publishing
IDEATION

           Copyright 2012 Cowan Publishing
IDEATION




   Operators will want to
   see what services their
   users are using so
   they can tune their
   offer and interfaces.



                             Copyright 2012 Cowan Publishing
IDEATION



PROBLEM SCENARIO          OPPORTUNITY           IMPLEMENTATION
   LACK OF PORTAL      TOOL SETS AND FEASIBLE
 CUSTOMIZATION TOOLS       ARCHITECTURE
  & ADD-ON WIDGETS           AVAILABLE


 PROVISIONING LABOR        LIGHTWEIGHT
  INTENSIVE & LEGACY      ARCHITECTURES
    SLOW TO ADAPT            AVAILABLE


   AN IT OVERHAUL        GOOD PLATFORMS
  REQUIRES RADICAL      AVAILABLE & LEONID’S
   MODERNIZATION             LEARNING’S
                                                      Copyright 2012 Cowan Publishing
IDEATION




           Copyright 2012 Cowan Publishing
IDEATION
           PROBLEM SCENARIO
           Voice telephony users, particularly power users
           like receptionists, need a non-standard
           configuration of buttons on their phone to be
           effective. While they have a lot in common, they
           also need to be able to fine tune the button set
           up themselves.

           PERSONAS & USER STORIES
           As a [persona],
           I want to [do something]
           so that I can [derive a benefit].

           “As a receptionist, I want to receive an out
           of the box set up that’s created against best
           practices so I don’t have to set it all up by
           myself.”
           “As a receptionist, I want to change the
           buttons on my phone so they do what I
           want.”

                                         Copyright 2012 Cowan Publishing
IDEATION
EPIC STORY
“As a receptionist, I want a custom configuration on my phone so that I can manage calls in the way
I’ve come to expect.”
STORY                                                       TEST CASE
                                                        Make sure the available templates are
                                                        editable in a visual environment usable
                                                        by a Product Manager
“As a receptionist I want to receive an out of the box
 As receptionist,
phone set up that’s created against best practices so I Make sure it’s possible to update the
don’t have to set it all up by myself.”
do t a e           ta           yse                     template at install time
                                                        Make sure the template designation is
                                                        available in all Loki provisioning
                                                        interfaces
                                                        Make sure it’s possible for the user to
                                                        reset to the default template

“As a receptionist, I want to change the buttons on my Make sure the available functions are
phone so they do what I want.”                         filtered by the services assigned to the
                                                       user
                                                       Make sure available functions are
                                                       filtered based on the capabilities of the
                                                       phone key
                                                                                     Copyright 2012 Cowan Publishing
IDEATION




           Copyright 2012 Cowan Publishing
END USER PERSONAS
Rita                   Rhonda                Amy                     Esteban
the Reseller           the Receptionist      the Assistant           the Executive




Evan                   Susan the             Simone                  Mikuko
the Enterprise Exec.   Small Bus. Owner      the Standard User       the Mobile User




Ignatius               Keith                 Chuck                   Cindy
the IT Guy             the Key System User   the Call Center Agent   the Call Center Manager




                                                                            Copyright 2012 Cowan Publishing
ENTERPRISE PERSONAS
Nietzsche          Sidney            Anthony                 Sam
the Network Eng.   the Sys. Admin.   the Applications Eng.   the Support Eng.




Paola              Percival the      Itzhak                  Saul
the Provisioner    Product Manager   the IT Developer        the Site Developer




Patricia           Sven              Frank                   Fritz
the Sys. Planner   the Salesperson   the Field Eng.          the Field Eng. Manager




                                                                    Copyright 2012 Cowan Publishing
PLANNING

           Copyright 2012 Cowan Publishing
PLANNING




Hypotheses
             Does anyone want this?
             Are we the people to do it?
             Pivot or persevere?



Theses       Growth?
             Retention?
             Supportability?
             Ongoing investment?
             Competition?




                                           Copyright 2012 Cowan Publishing
PLANNING
                                              NEEDS
PRIORITY   KEY ASSUMPTIONS                    PROVING EXPERIMENTATION
                                              ?
           End users at large want a visual           - Already proven by prototypes from
1                                             No
           tool to manage their phones                partner
           Giving the capability to end user
1          admin’s will do more good than Yes         - Beta testing with customers
           harm
           The design and architecture are            - Lab testing with customers...but
1          supportable in current customer Yes        really...
           environments                               - Field testing at scale
           The target price point is                  - Initial sales negotiations
1                                             Yes
           bearable by the market                     - Mainline (post beta) sales
                                                      - Some proxy data on overall activity by
           The capability makes sense with Yes        user type
2          end users (vs. admin’s)                    - Customer interviews
                                                      - Beta testing
2          (Various makes and models of       Yes     - Advanced orders
           phones are worth investing in)
                                                                           Copyright 2012 Cowan Publishing
PLANNING
Visual device management emerged from general
industry activity and follow-on research at Leonid

Leonid can create a compelling,
useful, supportable visual device
management solution.

Lab work followed by limited
commercial release.

Did we validate the ‘existential’
propositions? Was it useful?
Supportable? Bankable?
Was it true or untrue?

‘Pivot or persevere?’


                                                     Copyright 2012 Cowan Publishing
PLANNING
 > BroadSoft
Who are our Key Partners?                                           > Comm’s product
                                                                    What Key Activities do our Value Propositions require?
                                                                                                                             > Reduced time and
                                                                                                                             What value do we deliver to the customer?                                             >Dedicated personal
                                                                                                                                                                                                                   What type of relationship does each of our Customer            > Large/Incumbent
                                                                                                                                                                                                                                                                                  For whom are we creating value?
Who are our key suppliers?
Which Key Resources are we acquiring from partners?
Which Key Activities do partners perform?
                                                                    development
                                                                    Our Distribution Channels?
                                                                    Customer Relationships?
                                                                    Revenue streams?
                                                                                                                             Which one of our customer’s problems are we helping to solve?
                                                                                                                             risk to market
                                                                                                                             What bundles of products and services are we offering to each Customer Segment?
                                                                                                                             Which customer needs are we satisfying?
                                                                                                                                                                                                                   assistance
                                                                                                                                                                                                                   Segments expect us to establish and maintain with them?
                                                                                                                                                                                                                   Which ones have we established?
                                                                                                                                                                                                                   How are they integrated with the rest of our business model?
                                                                                                                                                                                                                                                                                  Who are our most important customers?



 > Other Resellers
                                                                                                                                                                                                                   How costly are they?                                           > Medium/Competitive
                                                                    > Process-driven IT                                      > Reduced cost
 > Integrators (2)                                                  systems design                                                                                                                                                                                                > Small/Niche
                                                                                                                             > Implement known best
 > Other Subsystem                                                  > Dev. & operations                                      practices
 Vendors




                                                                    > Actionable insight
                                                                    What Key Resources do our Value Propositions require?
                                                                    Our Distribution Channels? Customer Relationships?                                                                                             > to be reached? do our Customer Segments
                                                                                                                                                                                                                   want BroadSoft
                                                                                                                                                                                                                   Through which Channels

                                                                    Revenue Streams?                                                                                                                               How are we reaching them now?
                                                                    on what’s working in the                                                                                                                       How are our Channels integrated?

                                                                    space                                                                                                                                          > areones workmost cost-efficient?customer routines?
                                                                                                                                                                                                                   WhichSIPhon Networks
                                                                                                                                                                                                                   Which
                                                                                                                                                                                                                         ones are
                                                                                                                                                                                                                                  best?

                                                                                                                                                                                                                   How we integrating them with



                                                                    > LAMP Dev. Team                                                                                                                               > Direct




                                                                                                                                                                                                                                                                                                                          businessmodelgeneration.com
                                                                    > Best practice recipes on
                                                                    operations




 > Fixed cost product development, G&A
What are the most important costs inherent in our business model?
Which Key Resources are most expensive?                                                                                                                                 > Licensing
                                                                                                                                                                        For what value are our customers really willing to pay?
                                                                                                                                                                        For what do they currently pay?
Which Key Activities are most expensive?                                                                                                                                How are they currently paying?
                                                                                                                                                                        How would they prefer to pay?
 > Consultants, field teams, support                                                                                                                                    > Maintenance & Support
                                                                                                                                                                        How much does each Revenue Stream contribute to overall revenues?




                                                                                                                                                                        > Consulting


                                                                                                                                                                                                                                                                                         Copyright 2012 Cowan Publishing
ORGANIZATION

          Copyright 2012 Cowan Publishing
ORGANIZATION



                             Customer
 Feasibility                                                    Scaling
                             Development
         (dev                (dev & ops (dev &                  (expanded        (dev &
  (me)   contractors)   (me) mgmt.)                      (me)
                                        operations team)        sr. mgmt.)       operations team)




                                                                       Copyright 2012 Cowan Publishing
ORGANIZATION




                                                                                     (VARIOUS) DESIGN




                                                                                                                                                            (VARIOUS) MGMT.
                UNIX SYSADMIN




 Specialties




                                                                                                              ANALYTICS
                                        PYTON
                                 RUBY




                                                                                                        SEO
                                                JAVA


                                                        PHP




                                                                     ...


                                                                             ...




                                                                                                                                   ...




                                                                                                                                                                              ...
                                                              ...
                                                                                                                                                                                     Scaling?
                                                                                                                                                                                                 PROCESS
                                                                                                                                                                                                  DESIGN
Collaboration                                                            AGILE
                                                                    As Product Owner



       Basic
                                   SOFTWARE                        ARCHITECTURE                                 ROLES & SYSTEMS
   Technical                     FUNDAMENTALS                      FUNDAMENTALS
    Literacy                    Model-View-Controller           App. & Platform Integration                          In a Technical Team


                                                                                                                                   Personas




                                                                                                                                    Stories




 Foundation
                                                                                                                          Development         Discussion




                                 DESIGN                  ITERATIVE                  CUSTOMER                                                               AGILE
   Concepts                     THINKING                MANAGEMENT                 DEVELOPMENT




                                                                                                                                                                                Copyright 2012 Cowan Publishing
DEVELOPMENT

         Copyright 2012 Cowan Publishing
DEVELOPMENT
                 ITERATION 01        ITERATION 02   ITERATION 03   ITERATION 04   ITERATION 05



LOKI
PORTALS
                 A           C


                     B           D



                                     Adaptive       Adaptive       Adaptive       Adaptive
LOKI                                 Content        Content        Content        Content
PROVISIONING
                             E




LOKI BPM
                         F




                                                                    Predictive     Predictive
                                     Predictive     Predictive                     Content
DOC’S &                                             Content         Content
                                     Content
INFRASTRUCTURE                   G




                 ITERATION 01        ITERATION 02   ITERATION 03   ITERATION 04   ITERATION 05
                                                                                         Copyright 2012 Cowan Publishing
DOING IT




alexandercowan.com/resources


                       Copyright 2012 Cowan Publishing
Making Progress



                                                                                                                                Ideation & Design

                                                                             Draft                                              Field Work & Analytics
                                                                           Prototype
                                                                                                                                Product Development
                                                                              Yes?

                                                                                                                                General Management
                                                                             Quicky
                                                                                         No?
                                                                           Prototype?
     01                                                 02                              03            04           05              06
                                                                                                       Create           Define           CUSTOMER
                                        Customer           Field                           Field
          IDEA!                                                                                         User             MVP            VALIDATION
                                        Definition        Discovery                       Validation
                                                                                                       Stories


                                                         Still Learning?   Confident?                       Done?

Positioning      Pivotal               Personas?
Statement?    Assumptions?         Problem Scenarios?

                             New Learning?

                                                                                                                    Copyright 2012 Cowan Publishing
www.alexandercowan.com/speaking



@cowanSF



www.alexandercowan.com/blog




www.alexandercowan.com/resources




acowan@alexandercowan.com


                                   Copyright 2012 Cowan Publishing
Please Join Us Again!
                        AIPMM Webinar Series: Friday March    15
                 Growing High Performance Product Teams
                           http://aipmm.com/aipmm_webinars/

               Global Product Management Talk: Monday March 11 (9:00 AM PT)
                      How To Be A Lean Product Ninja w/ @DanOlsen
                        http://www.blogtalkradio.com/prodmgmttalk

   Stay Informed!
   Newsletter:          http://www.aipmm.com/subscribe
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© AIPMM 2013                             @AIPMM                          www.aipmm.com

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Webcast: Disrupting Enterprise Software And Corporate IT

  • 1. AIPMM Webinar Series http://www.aipmm.com © AIPMM 2013 @AIPMM www.aipmm.com
  • 2. © AIPMM 2013 @AIPMM http://www.aipmm.com www.aipmm.com
  • 3. Founded 1998 Largest Product Management professional group Provides professional development and certification • Certified Product Manager • Certified Product Marketing Manager • Agile Certified Product Manager • Certified Innovation Leader © AIPMM 2013 @AIPMM www.aipmm.com
  • 4. Today’s Speakers Moderator: Cindy F. Solomon, CPM, CPMM Founder, Global Product Management Talk Startup Product http://startupproduct.com @cindyfsolomon @ProdMgmtTalk @startupproduct Presenter: Alex Cowan, CTO of Leonid Systems And Author site: www.alexandercowan.com blog: http://www.alexandercowan.com/blog/ © AIPMM 2013 @AIPMM #prodmgmt @AIPMM http://www.aipmm.com www.aipmm.com
  • 5. Win! A drawing will be held for a FREE COPY of Alex’s book: © AIPMM 2013 @AIPMM www.aipmm.com
  • 6. Stay on To Win! •Keep your Chat box open! •Post your Questions in the Questions box during the session for Alex to answer during the Q&A at the end! Participants who ask questions will be entered into the drawing to win a hard copy of Starting a Tech Business (Wiley, 2012), a primer for non-engineers who want to up their game with the latest techniques and foundations concepts in product development. Winner will be announced at the end of the session! © AIPMM 2013 @AIPMM #prodmgmt @AIPMM http://www.aipmm.com www.aipmm.com
  • 7. FEATURED PRESENTATION © AIPMM 2013 @AIPMM www.aipmm.com
  • 8. Disrupting Enterprise Software And Corporate IT In Six Steps info@alexandercowan.com alexandercowan.com @cowanSF Copyright 2012 Cowan Publishing
  • 9. Copyright 2012 Cowan Publishing
  • 10. Copyright 2012 Cowan Publishing
  • 11. alexandercowan.com/blog @cowanSF alexandercowan.com/speaking alexandercowan.com/resources Copyright 2012 Cowan Publishing
  • 12. } { Design Thinking Lean Startup BIG VOID Actual Practice Customer Dev. Agile Copyright 2012 Cowan Publishing
  • 13. DESIRE KNOWLEDGE ACTION to learn of software to work on more about development new ideas launching not assumed new ideas
  • 14. IDEATION PLANNING ORGANIZATION DEVELOPMENT Copyright 2012 Cowan Publishing
  • 15. IDEATION Then Self-Love Copyright 2012 Cowan Publishing
  • 16. IDEATION Copyright 2012 Cowan Publishing
  • 17. IDEATION Then Now Self-Love Design Thinking Copyright 2012 Cowan Publishing
  • 18. IDEATION Empathy Creativity Copyright 2012 Cowan Publishing
  • 19. IDEATION Copyright 2012 Cowan Publishing
  • 20. IDEATION 1 Entry 2 Urinate as they go 3 Edges preferred 4 Speedy 5 PB > cheese Empathy Copyright 2012 Cowan Publishing
  • 21. Check & Repair 1 UV Validation 2 Relevant Placement 3 A Better Mouse Trap 4 Powered by Better Bait 5 Creativity Copyright 2012 Cowan Publishing
  • 22. IDEATION Personas Copyright 2012 Cowan Publishing
  • 23. IDEATION women age 28-45 kids socialize with other mom’s online with Facebook 86% said they’d like to be more organized 70% said they’d use an application that organizes them Copyright 2012 Cowan Publishing
  • 24. IDEATION Copyright 2012 Cowan Publishing
  • 25. IDEATION Neela is a mom by choice. She had a successful career in accounting, but welcomed the opportunity to be a stay at home mom. She loves it. But it’s not like having kids purged her creative, social instincts. She wants to connect, she wants to learn, she wants to interact. Being a mom is a job and she wants to do it well. That means corresponding with other mom’s on relevant topics and keeping the family calendar in ship shape. She posts to Facebook at least twice a week and responds to other moms’ items more often than that. She shops at Nordstrom, but only if it’s a holiday or there’s a sale. For essentials, she’ll pick up bargains at Marshalls or Target. For household stuff, Costco is the go-to place, but she’ll pick up fresh items at the farmer’s market when it’s up and splurge at Whole Foods when they’re having company. Copyright 2012 Cowan Publishing
  • 26. IDEATION ? Problem User Personas Scenarios Stories Copyright 2012 Cowan Publishing
  • 27. IDEATION PERSONAS Drafting Epic Stories Stories Stories Test Cases “As a [persona], I want to [do something] so that I can [derive a benefit]” STORIES Copyright 2012 Cowan Publishing
  • 28. IDEATION Borrowed with utmost regard from Banksy (banksy.co.uk) Copyright 2012 Cowan Publishing
  • 29. PLANNING Then Now Five Year Iterative Plan 45,000,000% Management 40,000,000% 35,000,000% 30,000,000% 25,000,000% Revenue% 20,000,000% Expense% EBITDA% 15,000,000% 10,000,000% 5,000,000% 0% 2012% 2013% 2014% 2015% 2016% 2017% 2018% 2019% 2020% !5,000,000% Copyright 2012 Cowan Publishing
  • 30. PLANNING 45,000,000% 40,000,000% 35,000,000% 30,000,000% 25,000,000% Revenue% 20,000,000% Expense% EBITDA% 15,000,000% 10,000,000% 5,000,000% 0% 2012% 2013% 2014% 2015% 2016% 2017% 2018% 2019% 2020% !5,000,000% Copyright 2012 Cowan Publishing
  • 31. PLANNING Do I have real evidence from my buyer that 01 IDEA! this is compelling? What are the key assumptions 02 HYPOTHESIS required to make this business work? How do I definitely prove or disprove 03 EXPERIMENTAL DESIGN the assumptions with a minimum of time and effort? Am I reacting or am I focused on 04 EXPERIMENTATION validating my pivotal assumptions? ‘Pivot or persevere?’ Copyright 2012 Cowan Publishing
  • 32. PLANNING Priority Key Assumption Needs Proving? Experimentation [A key assumption about [Whether it needs [Experiment to 1 proving the business] prove or disprove] * Post the proposition in ads Parents want to better online 1 organize the distribution Yes of allowances * Measure sign-up’s on a landing page Parents have smart 2 No n/a phones Copyright 2012 Cowan Publishing
  • 33. PLANNING Copyright 2012 Cowan Publishing
  • 34. PLANNING $ Copyright 2012 Cowan Publishing
  • 35. ORGANIZATION Then Now Aping Customer == Development Copyright 2012 Cowan Publishing
  • 36. ORGANIZATION ≠ Copyright 2012 Cowan Publishing
  • 37. ORGANIZATION Copyright 2012 Cowan Publishing
  • 38. ORGANIZATION X: Big Company X: Lack of Experience X: New Theories to X: < Odds at Lotto != Small Company in Hands-on Discovery Explain Plan v. Actual 5 Year Plan == VC-Encouraged Big Company Time to Face the Music 10x Returns! Menagerie Recipes Applied + + Founders Investors New Hires Expanded Team Board New Idea! It Works! Working 5 Year Plan Revisions to Plan == Edgy Board X: Want Lots of X: Better Luck with X: Fun and Profit- Capital at Work the Lottery Unlikely Copyright 2012 Cowan Publishing
  • 39. ORGANIZATION Validated Learning Lower Risk & Clear Focus in Answers Shared Capital Requirement Hiring & Contracting Questions Key Assumptions Resources As Time to Face ID’ed, Validated Needed the Music + + Founders Investors New Hires Expanded Team Board Investors? Focus on Validated Full Tilt at a ‘Pivot or New Idea! Is approach Advisors? Learning Persevere’ Moment working or not? Option for Roles and Success Progress is Quick Fun & Profit Non-Traditional Criteria Clear and Measurable Funding Strategies Copyright 2012 Cowan Publishing
  • 40. DEVELOPMENT Individuals Processes > Interactions Tools Working Comprehensive software > Documentation Customer collaboration > Contract negotiation Responding > Following to change a plan Copyright 2012 Cowan Publishing
  • 41. DEVELOPMENT Then Now Waterfall Agile Copyright 2012 Cowan Publishing
  • 42. DEVELOPMENT Past Present Future validate feature collaborate with observe and relevance with development envision what’s customers team next Copyright 2012 Cowan Publishing
  • 43. DESIGN THINKING LEAN STARTUP CUSTOMER DEV. AGILE Copyright 2012 Cowan Publishing
  • 44. Copyright 2012 Cowan Publishing
  • 45. ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Copyright 2012 Cowan Publishing
  • 46. Copyright 2012 Cowan Publishing
  • 47. 7 4 1 1 4 7 0 8 5 2 2 5 8 0 9 6 3 3 6 9 Copyright 2012 Cowan Publishing
  • 48. 4 1 7 1 4 5 8 2 0 0 8 2 7 5 9 6 3 3 9 6 Copyright 2012 Cowan Publishing
  • 49. 4 1 7 11 4 5 8 2 0 0 8 2 7 12 9 6 3 3 9 6 Copyright 2012 Cowan Publishing
  • 50. Copyright 2012 Cowan Publishing
  • 51. Copyright 2012 Cowan Publishing
  • 52. ? x Copyright 2012 Cowan Publishing
  • 53. ? x Copyright 2012 Cowan Publishing
  • 54. direction personas user stories DESIGN LEAN THINKING STARTUP hypothesis (assumptions) working product experimental design CUSTOMER AGILE DEV. roles & team objectives Copyright 2012 Cowan Publishing
  • 55. WAGING EVOLUTION: 6 TIPS DON’T ASK BROADCAST GO PERMISSION BROADCAST Just do it. Leverage your work on an everyday basis. Make sure everyone knows where to find it. SHOW DON’T MAKE YOURSELF SHOW SELL YOUR AGILE AGILE Build something worth Structure and organize your seeing. work on the principals. IDENTIFY A MAKE YOURSELF FOCUS BEACHHEAD AWESOMENESS AWESOME And storm it. And everything else will fall into place. Copyright 2012 Cowan Publishing
  • 56. 20 MIN CONCEPTS AND EXAMPLES 20 MIN CASE STUDY Copyright 2012 Cowan Publishing
  • 57. THE STORY In 2007. I left cloud telephony provider, BroadSoft. . . Copyright 2012 Cowan Publishing
  • 58. THE STORY IT NETWORK Portals Application Servers . . . to pursue new ideas CRM Order Management Host Infrastructure about the Service Delivery Billing Data Transport delivery of Case Mgmt. Inventory Customer Equipment cloud Workflow Service Design Process Design Customization & Integration services. CONSULTING Copyright 2012 Cowan Publishing
  • 59. IDEATION Copyright 2012 Cowan Publishing
  • 60. IDEATION Operators will want to see what services their users are using so they can tune their offer and interfaces. Copyright 2012 Cowan Publishing
  • 61. IDEATION PROBLEM SCENARIO OPPORTUNITY IMPLEMENTATION LACK OF PORTAL TOOL SETS AND FEASIBLE CUSTOMIZATION TOOLS ARCHITECTURE & ADD-ON WIDGETS AVAILABLE PROVISIONING LABOR LIGHTWEIGHT INTENSIVE & LEGACY ARCHITECTURES SLOW TO ADAPT AVAILABLE AN IT OVERHAUL GOOD PLATFORMS REQUIRES RADICAL AVAILABLE & LEONID’S MODERNIZATION LEARNING’S Copyright 2012 Cowan Publishing
  • 62. IDEATION Copyright 2012 Cowan Publishing
  • 63. IDEATION PROBLEM SCENARIO Voice telephony users, particularly power users like receptionists, need a non-standard configuration of buttons on their phone to be effective. While they have a lot in common, they also need to be able to fine tune the button set up themselves. PERSONAS & USER STORIES As a [persona], I want to [do something] so that I can [derive a benefit]. “As a receptionist, I want to receive an out of the box set up that’s created against best practices so I don’t have to set it all up by myself.” “As a receptionist, I want to change the buttons on my phone so they do what I want.” Copyright 2012 Cowan Publishing
  • 64. IDEATION EPIC STORY “As a receptionist, I want a custom configuration on my phone so that I can manage calls in the way I’ve come to expect.” STORY TEST CASE Make sure the available templates are editable in a visual environment usable by a Product Manager “As a receptionist I want to receive an out of the box As receptionist, phone set up that’s created against best practices so I Make sure it’s possible to update the don’t have to set it all up by myself.” do t a e ta yse template at install time Make sure the template designation is available in all Loki provisioning interfaces Make sure it’s possible for the user to reset to the default template “As a receptionist, I want to change the buttons on my Make sure the available functions are phone so they do what I want.” filtered by the services assigned to the user Make sure available functions are filtered based on the capabilities of the phone key Copyright 2012 Cowan Publishing
  • 65. IDEATION Copyright 2012 Cowan Publishing
  • 66. END USER PERSONAS Rita Rhonda Amy Esteban the Reseller the Receptionist the Assistant the Executive Evan Susan the Simone Mikuko the Enterprise Exec. Small Bus. Owner the Standard User the Mobile User Ignatius Keith Chuck Cindy the IT Guy the Key System User the Call Center Agent the Call Center Manager Copyright 2012 Cowan Publishing
  • 67. ENTERPRISE PERSONAS Nietzsche Sidney Anthony Sam the Network Eng. the Sys. Admin. the Applications Eng. the Support Eng. Paola Percival the Itzhak Saul the Provisioner Product Manager the IT Developer the Site Developer Patricia Sven Frank Fritz the Sys. Planner the Salesperson the Field Eng. the Field Eng. Manager Copyright 2012 Cowan Publishing
  • 68. PLANNING Copyright 2012 Cowan Publishing
  • 69. PLANNING Hypotheses Does anyone want this? Are we the people to do it? Pivot or persevere? Theses Growth? Retention? Supportability? Ongoing investment? Competition? Copyright 2012 Cowan Publishing
  • 70. PLANNING NEEDS PRIORITY KEY ASSUMPTIONS PROVING EXPERIMENTATION ? End users at large want a visual - Already proven by prototypes from 1 No tool to manage their phones partner Giving the capability to end user 1 admin’s will do more good than Yes - Beta testing with customers harm The design and architecture are - Lab testing with customers...but 1 supportable in current customer Yes really... environments - Field testing at scale The target price point is - Initial sales negotiations 1 Yes bearable by the market - Mainline (post beta) sales - Some proxy data on overall activity by The capability makes sense with Yes user type 2 end users (vs. admin’s) - Customer interviews - Beta testing 2 (Various makes and models of Yes - Advanced orders phones are worth investing in) Copyright 2012 Cowan Publishing
  • 71. PLANNING Visual device management emerged from general industry activity and follow-on research at Leonid Leonid can create a compelling, useful, supportable visual device management solution. Lab work followed by limited commercial release. Did we validate the ‘existential’ propositions? Was it useful? Supportable? Bankable? Was it true or untrue? ‘Pivot or persevere?’ Copyright 2012 Cowan Publishing
  • 72. PLANNING > BroadSoft Who are our Key Partners? > Comm’s product What Key Activities do our Value Propositions require? > Reduced time and What value do we deliver to the customer? >Dedicated personal What type of relationship does each of our Customer > Large/Incumbent For whom are we creating value? Who are our key suppliers? Which Key Resources are we acquiring from partners? Which Key Activities do partners perform? development Our Distribution Channels? Customer Relationships? Revenue streams? Which one of our customer’s problems are we helping to solve? risk to market What bundles of products and services are we offering to each Customer Segment? Which customer needs are we satisfying? assistance Segments expect us to establish and maintain with them? Which ones have we established? How are they integrated with the rest of our business model? Who are our most important customers? > Other Resellers How costly are they? > Medium/Competitive > Process-driven IT > Reduced cost > Integrators (2) systems design > Small/Niche > Implement known best > Other Subsystem > Dev. & operations practices Vendors > Actionable insight What Key Resources do our Value Propositions require? Our Distribution Channels? Customer Relationships? > to be reached? do our Customer Segments want BroadSoft Through which Channels Revenue Streams? How are we reaching them now? on what’s working in the How are our Channels integrated? space > areones workmost cost-efficient?customer routines? WhichSIPhon Networks Which ones are best? How we integrating them with > LAMP Dev. Team > Direct businessmodelgeneration.com > Best practice recipes on operations > Fixed cost product development, G&A What are the most important costs inherent in our business model? Which Key Resources are most expensive? > Licensing For what value are our customers really willing to pay? For what do they currently pay? Which Key Activities are most expensive? How are they currently paying? How would they prefer to pay? > Consultants, field teams, support > Maintenance & Support How much does each Revenue Stream contribute to overall revenues? > Consulting Copyright 2012 Cowan Publishing
  • 73. ORGANIZATION Copyright 2012 Cowan Publishing
  • 74. ORGANIZATION Customer Feasibility Scaling Development (dev (dev & ops (dev & (expanded (dev & (me) contractors) (me) mgmt.) (me) operations team) sr. mgmt.) operations team) Copyright 2012 Cowan Publishing
  • 75. ORGANIZATION (VARIOUS) DESIGN (VARIOUS) MGMT. UNIX SYSADMIN Specialties ANALYTICS PYTON RUBY SEO JAVA PHP ... ... ... ... ... Scaling? PROCESS DESIGN Collaboration AGILE As Product Owner Basic SOFTWARE ARCHITECTURE ROLES & SYSTEMS Technical FUNDAMENTALS FUNDAMENTALS Literacy Model-View-Controller App. & Platform Integration In a Technical Team Personas Stories Foundation Development Discussion DESIGN ITERATIVE CUSTOMER AGILE Concepts THINKING MANAGEMENT DEVELOPMENT Copyright 2012 Cowan Publishing
  • 76. DEVELOPMENT Copyright 2012 Cowan Publishing
  • 77. DEVELOPMENT ITERATION 01 ITERATION 02 ITERATION 03 ITERATION 04 ITERATION 05 LOKI PORTALS A C B D Adaptive Adaptive Adaptive Adaptive LOKI Content Content Content Content PROVISIONING E LOKI BPM F Predictive Predictive Predictive Predictive Content DOC’S & Content Content Content INFRASTRUCTURE G ITERATION 01 ITERATION 02 ITERATION 03 ITERATION 04 ITERATION 05 Copyright 2012 Cowan Publishing
  • 78. DOING IT alexandercowan.com/resources Copyright 2012 Cowan Publishing
  • 79. Making Progress Ideation & Design Draft Field Work & Analytics Prototype Product Development Yes? General Management Quicky No? Prototype? 01 02 03 04 05 06 Create Define CUSTOMER Customer Field Field IDEA! User MVP VALIDATION Definition Discovery Validation Stories Still Learning? Confident? Done? Positioning Pivotal Personas? Statement? Assumptions? Problem Scenarios? New Learning? Copyright 2012 Cowan Publishing
  • 81. Please Join Us Again! AIPMM Webinar Series: Friday March 15 Growing High Performance Product Teams http://aipmm.com/aipmm_webinars/ Global Product Management Talk: Monday March 11 (9:00 AM PT) How To Be A Lean Product Ninja w/ @DanOlsen http://www.blogtalkradio.com/prodmgmttalk Stay Informed! Newsletter: http://www.aipmm.com/subscribe LinkedIn: http://www.linkedin.com/company/aipmm Membership: http://www.aipmm.com/join.php Certification: http://aipmm.com/html/certification/ © AIPMM 2013 @AIPMM www.aipmm.com