SlideShare una empresa de Scribd logo
1 de 36
Descargar para leer sin conexión
S§
Validation and Hypothesis based
Product Management
Focus
• Root cause for problems.
• Ditches ideas that irrelevant.
Why should you care?
Feasible
• Solves the real problem.
• No wasted efforts.
Objectivity
• Eliminate personal bias for
what causes what.
Replicable
• Results can be used as facts.
• Results are durable.
User-Centric
• Providing real value to users.
The Approach: Step by Step Process (Scientific Method)
1- Observations
2- Hypothesis
3- Experiment
4- Refine
5- Validate
Questions to answer. Observing a trend or a problem.
What is a hypothesis? How to build one?
& Good vs Bad hypothesis.
How to test hypothesis? What data to look at?
Refine hypothesis
How to measure the effect? Success metrics!
FYI: Scientific Method was founded by Ibn Al Haytham around 250 years ago.
Observations
Observing a trend or a problem.
Sources for trends or problems
Customer Service
SalesOnline Discussions
Product Vision
Sources for trends or problems
Impact Based Prioritization
Prioritization Methods
Relative Weighting RICE Analysis
Based on business metric Based on usage frequency
Perfect for new features Perfect for optimizing existing features
Considers development effort Considers development effort
Reach, Impact, Confidence, Effort
Relative Weighting
Prioritization Criteria Evaluation Factors
Increase Sales; maximize ROI
Increase customer trust
Establish a competitive
advantage
Improve productivity
Cost of development
Value Score
Prioritized List
Issue Type and ID ROI ICS ECA IP
Total
Value
Value
Percent
Estimate
Cost
Percent
Priority
Add FB sign up
Feature 10
Cash on Delivery
Bug 3
Feature 7
1 6 1 3
3 1 6 1
6 6 1 1
1 8 1 1
6 6 6 3
11
11
14
11
21
10
20
20
40
55
Add Gmail sign up 3 6 6 6 21 15
Pin Address on map 6 6 3 6 21 35
Bug 5 3 3 3 3 12 25
Feature 8 1 3 6 1 11 40
8%
8%
11%
8%
16%
16%
16%
9%
8%
4%
8%
8%
15%
21%
6%
13%
10%
15%
2
1
1.37
0.54
0.76
2.66
1.23
0.9
0.54
RICE Analysis
Prioritized List
1- Observations
2- Hypothesis
3- Experiment
4- Refine
5- Validate
The Approach: Step by Step Process
Questions to answer. Observing a trend or a problem.
What is a hypothesis? How to build one?
& Good vs Bad hypothesis.
How to test hypothesis? What data to look at?
Refine hypothesis
How to measure the effect? Success metrics!
Hypothesis
What is a hypothesis? How to build it?
& Good vs Bad one.
What is a hypothesis?
"If _____[I do this] _____, then _____[this]_____ will happen."
If I added gmail login, then number of registered users will increase.
If I include Cash on Delivery payment method during checkout, then number of purchases will increase.
If I enable customers to pin their location on a map, then number of purchases will increase.
Hypotheses Tips
Before you make a hypothesis, you have to clearly identify the question
you are interested in studying.
The question comes first
A hypothesis is a
statement, not a question
Your hypothesis is not the scientific question in your project. The
hypothesis is an educated, testable prediction about what will happen.
Make it clear A good hypothesis is written in clear and simple language.
Keep the variables in mind
A good hypothesis defines the variables in easy-to-measure terms, like
who the participants are, what changes during the testing.
Make sure your
hypothesis is “testable”
Don't bite off more than
you can chew!
To prove or disprove your hypothesis, you need to be able to do an
experiment and take measurements to see how two things are related.
Make sure your hypothesis is a specific statement relating to a single
experiment.
Good vs bad hypothesis
Good Hypothesis Bad Hypothesis
Testable
Simple
Written as a statement
Establishes the
participants & variables
Predicts effect
Not testable
Not simply explained
Written as a questions
Doesn’t identify
participants & variables
Cannot use to predict
effect
Good vs bad hypothesis
Good Hypothesis Bad Hypothesis
If I added gmail login, then number of
registered users will increase.
If I include Cash on Delivery payment
method during checkout, then number of
purchases will increase.
If I enable customers to pin their location
on a map, then number of purchases will
increase.
Would adding more login options increase
number of registered users?
Cash on delivery payment is requested by
users
We have 10,000 calls from users to track
their orders
The point is to prove or disprove a hypothesis
Disproving a hypothesis matters as much as proving it. Both leads to form better
conclusions about the problem at hand!
Sources for trends or problems
1- Observations
2- Hypothesis
3- Experiment
4- Refine
5- Validate
The Approach: Step by Step Process
Questions to answer. Observing a trend or a problem.
What is a hypothesis? How to build one?
& Good vs Bad hypothesis.
How to test hypothesis? What data to look at?
Refine hypothesis
How to measure the effect? Success metrics!
Experiment
How to test hypothesis? What data to look at?
Creating a mathematical model
What questions do you want to
answer?
What data do you want to look
for?
Where the data you want is
available?
How to use the data available?
How to verify the data?
Will adding Gmail login improve sign up?
How many customers have signed up
using Gmail email?
Customers data base
Find % of customers signed up with Gmail.
Gmail customers / all customers = % of gmail customers.
Consider removing dummy created accounts
Creating a mathematical model
What questions do you want to
answer?
What data do you want to look
for?
Where the data you want is
available?
How to use the data available?
How to verify the data?
Will adding Gmail login improve sign up?
How many customers have signed up
using Gmail email?
Customers data base
Find % of customers signed up with Gmail.
Gmail customers / all customers = % of
gmail customers.
Consider removing dummy created
accounts
150K
150K / 1.3M = 12%
1- Observations
2- Hypothesis
3- Experiment
4- Refine
5- Validate
The Approach: Step by Step Process
Questions to answer. Observing a trend or a problem.
What is a hypothesis? How to build one?
& Good vs Bad hypothesis.
How to test hypothesis? What data to look at?
Refine hypothesis
How to measure the effect? Success metrics!
Refine
Refine mathematical model, removing bias!
Will adding Gmail login improve sign up?
How many customers have signed up
using Gmail email?
Find % of customers signed up with Gmail.
Gmail customers / all customers = % of
gmail customers.
Consider removing dummy created
accounts
150K
150K / 1.3M = 12%
What questions do you want to
answer?
What data do you want to look
for?
Where the data you want is
available?
How to use the data available?
How to verify the data?
Creating a mathematical model
Customers data base
We live in a dynamic world, so always consider things
in a timely manner!
Creating a mathematical model
What questions do you want to
answer?
What data do you want to look
for?
Where the data you want is
available?
How to use the data available?
How to verify the data?
Will adding Gmail login improve sign up?
How many customers have signed up
using Gmail email in the past 6 months?
Customers data base
Find % of customers signed up with Gmail
in the past 6 months.
Gmail sign ups / all sign ups in the past 6
months = % of gmail customers.
Consider removing dummy created
accounts
120K
120K / 600K = 25%
1- Observations
2- Hypothesis
3- Experiment
4- Refine
5- Validate
The Approach: Step by Step Process
Questions to answer. Observing a trend or a problem.
What is a hypothesis? How to build one?
& Good vs Bad hypothesis.
How to test hypothesis? What data to look at?
Refine hypothesis based on test.
How to measure the effect? Success metrics!
Validate
How to measure the effect? Success metrics!
What is a success metric?
Metrics are a lens into your product’s
health and performance.
Success Metric
Measure the uplift
1- Observations
2- Hypothesis
3- Experiment
4- Refine
5- Validate
The Approach: Step by Step Process
Questions to answer. Observing a trend or a problem.
What is a hypothesis? How to build one?
& Good vs Bad hypothesis.
How to test hypothesis? What data to look at?
Refine hypothesis.
How to measure the effect? Success metrics!
Thank you
Abdallah Al-Khalidi
Linkedin: abzkhaldi | Twitter: @abzkhaldi
Email: abdallah.khalidi@gmail.com

Más contenido relacionado

La actualidad más candente

Business excellence assessment
Business excellence assessmentBusiness excellence assessment
Business excellence assessmentMohit Singla
 
The art of feedback: e-learning module: What's feedback? Why feedback? How to...
The art of feedback: e-learning module: What's feedback? Why feedback? How to...The art of feedback: e-learning module: What's feedback? Why feedback? How to...
The art of feedback: e-learning module: What's feedback? Why feedback? How to...Yvan Dierckxsens
 
From Idea to Business with Lean Startup & the Progress Board
From Idea to Business with Lean Startup & the Progress Board From Idea to Business with Lean Startup & the Progress Board
From Idea to Business with Lean Startup & the Progress Board Strategyzer
 
Everything you need to know about 1 on 1s to prevent turnover and motivate yo...
Everything you need to know about 1 on 1s to prevent turnover and motivate yo...Everything you need to know about 1 on 1s to prevent turnover and motivate yo...
Everything you need to know about 1 on 1s to prevent turnover and motivate yo...Jason Evanish
 
Think Like A Growth Hacker
Think Like A Growth HackerThink Like A Growth Hacker
Think Like A Growth HackerTim Homuth
 
Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...
Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...
Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...Hristo Neychev
 
SXSW 2016 - Everything you think about A/B testing is wrong
SXSW 2016 - Everything you think about A/B testing is wrongSXSW 2016 - Everything you think about A/B testing is wrong
SXSW 2016 - Everything you think about A/B testing is wrongDan Chuparkoff
 
Practical Introduction to A/B Testing
Practical Introduction to A/B TestingPractical Introduction to A/B Testing
Practical Introduction to A/B TestingAlex Alwan
 
Feedback presentation
Feedback presentationFeedback presentation
Feedback presentationfinny14
 
Five Levels of Communication Infographic
Five Levels of Communication InfographicFive Levels of Communication Infographic
Five Levels of Communication InfographicMaya Townsend
 
The feedback workshop
The feedback workshopThe feedback workshop
The feedback workshopLiz Keogh
 
Product Management Metrics | Saeed Khan | ProductTank Toronto
Product Management Metrics | Saeed Khan | ProductTank Toronto Product Management Metrics | Saeed Khan | ProductTank Toronto
Product Management Metrics | Saeed Khan | ProductTank Toronto Product Tank Toronto
 
Startup Metrics for Pirates
Startup Metrics for PiratesStartup Metrics for Pirates
Startup Metrics for PiratesDave McClure
 
User Story Mapping, Discover the whole story
User Story Mapping, Discover the whole storyUser Story Mapping, Discover the whole story
User Story Mapping, Discover the whole storyJeff Patton
 
Change Management Process
Change Management ProcessChange Management Process
Change Management Processgianarosetti
 
Quarterly Business Review Template - QBR Template - Customer Success Management
Quarterly Business Review Template - QBR Template - Customer Success ManagementQuarterly Business Review Template - QBR Template - Customer Success Management
Quarterly Business Review Template - QBR Template - Customer Success ManagementGainsight
 

La actualidad más candente (20)

Business excellence assessment
Business excellence assessmentBusiness excellence assessment
Business excellence assessment
 
The art of feedback: e-learning module: What's feedback? Why feedback? How to...
The art of feedback: e-learning module: What's feedback? Why feedback? How to...The art of feedback: e-learning module: What's feedback? Why feedback? How to...
The art of feedback: e-learning module: What's feedback? Why feedback? How to...
 
An agile approach to organizational development
An agile approach to organizational developmentAn agile approach to organizational development
An agile approach to organizational development
 
Change Management
Change ManagementChange Management
Change Management
 
From Idea to Business with Lean Startup & the Progress Board
From Idea to Business with Lean Startup & the Progress Board From Idea to Business with Lean Startup & the Progress Board
From Idea to Business with Lean Startup & the Progress Board
 
Everything you need to know about 1 on 1s to prevent turnover and motivate yo...
Everything you need to know about 1 on 1s to prevent turnover and motivate yo...Everything you need to know about 1 on 1s to prevent turnover and motivate yo...
Everything you need to know about 1 on 1s to prevent turnover and motivate yo...
 
Think Like A Growth Hacker
Think Like A Growth HackerThink Like A Growth Hacker
Think Like A Growth Hacker
 
Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...
Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...
Lean Startup - by Hristo Neychev (bring your ideas to life faster, smarter, a...
 
SXSW 2016 - Everything you think about A/B testing is wrong
SXSW 2016 - Everything you think about A/B testing is wrongSXSW 2016 - Everything you think about A/B testing is wrong
SXSW 2016 - Everything you think about A/B testing is wrong
 
Practical Introduction to A/B Testing
Practical Introduction to A/B TestingPractical Introduction to A/B Testing
Practical Introduction to A/B Testing
 
Feedback presentation
Feedback presentationFeedback presentation
Feedback presentation
 
Five Levels of Communication Infographic
Five Levels of Communication InfographicFive Levels of Communication Infographic
Five Levels of Communication Infographic
 
The feedback workshop
The feedback workshopThe feedback workshop
The feedback workshop
 
Product Management Metrics | Saeed Khan | ProductTank Toronto
Product Management Metrics | Saeed Khan | ProductTank Toronto Product Management Metrics | Saeed Khan | ProductTank Toronto
Product Management Metrics | Saeed Khan | ProductTank Toronto
 
GE Lean and FastWorks
GE Lean and FastWorksGE Lean and FastWorks
GE Lean and FastWorks
 
Startup Metrics for Pirates
Startup Metrics for PiratesStartup Metrics for Pirates
Startup Metrics for Pirates
 
User Story Mapping, Discover the whole story
User Story Mapping, Discover the whole storyUser Story Mapping, Discover the whole story
User Story Mapping, Discover the whole story
 
Change Management Process
Change Management ProcessChange Management Process
Change Management Process
 
Organizational Change Management - Middle East
Organizational Change Management - Middle EastOrganizational Change Management - Middle East
Organizational Change Management - Middle East
 
Quarterly Business Review Template - QBR Template - Customer Success Management
Quarterly Business Review Template - QBR Template - Customer Success ManagementQuarterly Business Review Template - QBR Template - Customer Success Management
Quarterly Business Review Template - QBR Template - Customer Success Management
 

Similar a Validation and hypothesis based product management by Abdallah Al-Khalidi

Measurement and metrics
Measurement and metricsMeasurement and metrics
Measurement and metricsAlex Pandel
 
Master the Essentials of Conversion Optimization
Master the Essentials of Conversion OptimizationMaster the Essentials of Conversion Optimization
Master the Essentials of Conversion Optimizationjoshuapaulharper
 
Promoting Lean Startup at Zhihu in 2012
Promoting Lean Startup at Zhihu in 2012Promoting Lean Startup at Zhihu in 2012
Promoting Lean Startup at Zhihu in 2012Tao Huang
 
6 Guidelines for A/B Testing
6 Guidelines for A/B Testing6 Guidelines for A/B Testing
6 Guidelines for A/B TestingEmily Robinson
 
ESADE Business Analytics Master: Metrics that matter
ESADE Business Analytics Master: Metrics that matterESADE Business Analytics Master: Metrics that matter
ESADE Business Analytics Master: Metrics that matterJuliana Mendez
 
Data-Driven UI/UX Design with A/B Testing
Data-Driven UI/UX Design with A/B TestingData-Driven UI/UX Design with A/B Testing
Data-Driven UI/UX Design with A/B TestingJack Nguyen (Hung Tien)
 
Steve Lawrence - Agile Metrics
Steve Lawrence - Agile MetricsSteve Lawrence - Agile Metrics
Steve Lawrence - Agile MetricsAgileNZ Conference
 
Optimizing your marketing automation program for success
Optimizing your marketing automation program for successOptimizing your marketing automation program for success
Optimizing your marketing automation program for successGetResponse
 
Market Validation (Scale) (4).pdf
Market Validation (Scale) (4).pdfMarket Validation (Scale) (4).pdf
Market Validation (Scale) (4).pdfAneel Mitra
 
How to Enter the Data Analytics Industry?
How to Enter the Data Analytics Industry?How to Enter the Data Analytics Industry?
How to Enter the Data Analytics Industry?Ganes Kesari
 
Funnels Workshop Web Summit 2014 @geckoboard @GA
Funnels Workshop Web Summit 2014 @geckoboard @GAFunnels Workshop Web Summit 2014 @geckoboard @GA
Funnels Workshop Web Summit 2014 @geckoboard @GASofia Quintero
 
Data mining - Machine Learning
Data mining - Machine LearningData mining - Machine Learning
Data mining - Machine LearningRupaDutta3
 
Digital marketing metrics and measurement
Digital marketing metrics and measurementDigital marketing metrics and measurement
Digital marketing metrics and measurementsemrush_webinars
 
Lean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics WorkshopLean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics WorkshopStanford University
 
Entering the Data Analytics industry
Entering the Data Analytics industryEntering the Data Analytics industry
Entering the Data Analytics industryGramener
 
CS 2014-15-2
CS 2014-15-2CS 2014-15-2
CS 2014-15-2Jim Head
 

Similar a Validation and hypothesis based product management by Abdallah Al-Khalidi (20)

Measurement and metrics
Measurement and metricsMeasurement and metrics
Measurement and metrics
 
Master the Essentials of Conversion Optimization
Master the Essentials of Conversion OptimizationMaster the Essentials of Conversion Optimization
Master the Essentials of Conversion Optimization
 
Analytics for Startups
Analytics for StartupsAnalytics for Startups
Analytics for Startups
 
Promoting Lean Startup at Zhihu in 2012
Promoting Lean Startup at Zhihu in 2012Promoting Lean Startup at Zhihu in 2012
Promoting Lean Startup at Zhihu in 2012
 
6 Guidelines for A/B Testing
6 Guidelines for A/B Testing6 Guidelines for A/B Testing
6 Guidelines for A/B Testing
 
Unlocking the 4 Gateways of Growth
Unlocking the 4 Gateways of GrowthUnlocking the 4 Gateways of Growth
Unlocking the 4 Gateways of Growth
 
ESADE Business Analytics Master: Metrics that matter
ESADE Business Analytics Master: Metrics that matterESADE Business Analytics Master: Metrics that matter
ESADE Business Analytics Master: Metrics that matter
 
Data-Driven UI/UX Design with A/B Testing
Data-Driven UI/UX Design with A/B TestingData-Driven UI/UX Design with A/B Testing
Data-Driven UI/UX Design with A/B Testing
 
Analytics for startups
Analytics for startupsAnalytics for startups
Analytics for startups
 
Steve Lawrence - Agile Metrics
Steve Lawrence - Agile MetricsSteve Lawrence - Agile Metrics
Steve Lawrence - Agile Metrics
 
Optimizing your marketing automation program for success
Optimizing your marketing automation program for successOptimizing your marketing automation program for success
Optimizing your marketing automation program for success
 
Market Validation (Scale) (4).pdf
Market Validation (Scale) (4).pdfMarket Validation (Scale) (4).pdf
Market Validation (Scale) (4).pdf
 
How to Enter the Data Analytics Industry?
How to Enter the Data Analytics Industry?How to Enter the Data Analytics Industry?
How to Enter the Data Analytics Industry?
 
Funnels Workshop Web Summit 2014 @geckoboard @GA
Funnels Workshop Web Summit 2014 @geckoboard @GAFunnels Workshop Web Summit 2014 @geckoboard @GA
Funnels Workshop Web Summit 2014 @geckoboard @GA
 
Realise the Benefits of Holistic Testing
Realise the Benefits of Holistic TestingRealise the Benefits of Holistic Testing
Realise the Benefits of Holistic Testing
 
Data mining - Machine Learning
Data mining - Machine LearningData mining - Machine Learning
Data mining - Machine Learning
 
Digital marketing metrics and measurement
Digital marketing metrics and measurementDigital marketing metrics and measurement
Digital marketing metrics and measurement
 
Lean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics WorkshopLean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics Workshop
 
Entering the Data Analytics industry
Entering the Data Analytics industryEntering the Data Analytics industry
Entering the Data Analytics industry
 
CS 2014-15-2
CS 2014-15-2CS 2014-15-2
CS 2014-15-2
 

Último

Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024The Digital Insurer
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoffsammart93
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilV3cube
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptxHampshireHUG
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...DianaGray10
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsJoaquim Jorge
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobeapidays
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...apidays
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slidevu2urc
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 

Último (20)

Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of Brazil
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 

Validation and hypothesis based product management by Abdallah Al-Khalidi

  • 1. S§ Validation and Hypothesis based Product Management
  • 2. Focus • Root cause for problems. • Ditches ideas that irrelevant. Why should you care? Feasible • Solves the real problem. • No wasted efforts. Objectivity • Eliminate personal bias for what causes what. Replicable • Results can be used as facts. • Results are durable. User-Centric • Providing real value to users.
  • 3. The Approach: Step by Step Process (Scientific Method) 1- Observations 2- Hypothesis 3- Experiment 4- Refine 5- Validate Questions to answer. Observing a trend or a problem. What is a hypothesis? How to build one? & Good vs Bad hypothesis. How to test hypothesis? What data to look at? Refine hypothesis How to measure the effect? Success metrics! FYI: Scientific Method was founded by Ibn Al Haytham around 250 years ago.
  • 5. Sources for trends or problems Customer Service SalesOnline Discussions Product Vision
  • 6. Sources for trends or problems
  • 8. Prioritization Methods Relative Weighting RICE Analysis Based on business metric Based on usage frequency Perfect for new features Perfect for optimizing existing features Considers development effort Considers development effort Reach, Impact, Confidence, Effort
  • 9. Relative Weighting Prioritization Criteria Evaluation Factors Increase Sales; maximize ROI Increase customer trust Establish a competitive advantage Improve productivity Cost of development Value Score
  • 10. Prioritized List Issue Type and ID ROI ICS ECA IP Total Value Value Percent Estimate Cost Percent Priority Add FB sign up Feature 10 Cash on Delivery Bug 3 Feature 7 1 6 1 3 3 1 6 1 6 6 1 1 1 8 1 1 6 6 6 3 11 11 14 11 21 10 20 20 40 55 Add Gmail sign up 3 6 6 6 21 15 Pin Address on map 6 6 3 6 21 35 Bug 5 3 3 3 3 12 25 Feature 8 1 3 6 1 11 40 8% 8% 11% 8% 16% 16% 16% 9% 8% 4% 8% 8% 15% 21% 6% 13% 10% 15% 2 1 1.37 0.54 0.76 2.66 1.23 0.9 0.54
  • 13. 1- Observations 2- Hypothesis 3- Experiment 4- Refine 5- Validate The Approach: Step by Step Process Questions to answer. Observing a trend or a problem. What is a hypothesis? How to build one? & Good vs Bad hypothesis. How to test hypothesis? What data to look at? Refine hypothesis How to measure the effect? Success metrics!
  • 14. Hypothesis What is a hypothesis? How to build it? & Good vs Bad one.
  • 15. What is a hypothesis? "If _____[I do this] _____, then _____[this]_____ will happen." If I added gmail login, then number of registered users will increase. If I include Cash on Delivery payment method during checkout, then number of purchases will increase. If I enable customers to pin their location on a map, then number of purchases will increase.
  • 16. Hypotheses Tips Before you make a hypothesis, you have to clearly identify the question you are interested in studying. The question comes first A hypothesis is a statement, not a question Your hypothesis is not the scientific question in your project. The hypothesis is an educated, testable prediction about what will happen. Make it clear A good hypothesis is written in clear and simple language. Keep the variables in mind A good hypothesis defines the variables in easy-to-measure terms, like who the participants are, what changes during the testing. Make sure your hypothesis is “testable” Don't bite off more than you can chew! To prove or disprove your hypothesis, you need to be able to do an experiment and take measurements to see how two things are related. Make sure your hypothesis is a specific statement relating to a single experiment.
  • 17. Good vs bad hypothesis Good Hypothesis Bad Hypothesis Testable Simple Written as a statement Establishes the participants & variables Predicts effect Not testable Not simply explained Written as a questions Doesn’t identify participants & variables Cannot use to predict effect
  • 18. Good vs bad hypothesis Good Hypothesis Bad Hypothesis If I added gmail login, then number of registered users will increase. If I include Cash on Delivery payment method during checkout, then number of purchases will increase. If I enable customers to pin their location on a map, then number of purchases will increase. Would adding more login options increase number of registered users? Cash on delivery payment is requested by users We have 10,000 calls from users to track their orders
  • 19. The point is to prove or disprove a hypothesis Disproving a hypothesis matters as much as proving it. Both leads to form better conclusions about the problem at hand!
  • 20. Sources for trends or problems
  • 21. 1- Observations 2- Hypothesis 3- Experiment 4- Refine 5- Validate The Approach: Step by Step Process Questions to answer. Observing a trend or a problem. What is a hypothesis? How to build one? & Good vs Bad hypothesis. How to test hypothesis? What data to look at? Refine hypothesis How to measure the effect? Success metrics!
  • 22. Experiment How to test hypothesis? What data to look at?
  • 23. Creating a mathematical model What questions do you want to answer? What data do you want to look for? Where the data you want is available? How to use the data available? How to verify the data? Will adding Gmail login improve sign up? How many customers have signed up using Gmail email? Customers data base Find % of customers signed up with Gmail. Gmail customers / all customers = % of gmail customers. Consider removing dummy created accounts
  • 24. Creating a mathematical model What questions do you want to answer? What data do you want to look for? Where the data you want is available? How to use the data available? How to verify the data? Will adding Gmail login improve sign up? How many customers have signed up using Gmail email? Customers data base Find % of customers signed up with Gmail. Gmail customers / all customers = % of gmail customers. Consider removing dummy created accounts 150K 150K / 1.3M = 12%
  • 25. 1- Observations 2- Hypothesis 3- Experiment 4- Refine 5- Validate The Approach: Step by Step Process Questions to answer. Observing a trend or a problem. What is a hypothesis? How to build one? & Good vs Bad hypothesis. How to test hypothesis? What data to look at? Refine hypothesis How to measure the effect? Success metrics!
  • 27. Will adding Gmail login improve sign up? How many customers have signed up using Gmail email? Find % of customers signed up with Gmail. Gmail customers / all customers = % of gmail customers. Consider removing dummy created accounts 150K 150K / 1.3M = 12% What questions do you want to answer? What data do you want to look for? Where the data you want is available? How to use the data available? How to verify the data? Creating a mathematical model Customers data base
  • 28. We live in a dynamic world, so always consider things in a timely manner!
  • 29. Creating a mathematical model What questions do you want to answer? What data do you want to look for? Where the data you want is available? How to use the data available? How to verify the data? Will adding Gmail login improve sign up? How many customers have signed up using Gmail email in the past 6 months? Customers data base Find % of customers signed up with Gmail in the past 6 months. Gmail sign ups / all sign ups in the past 6 months = % of gmail customers. Consider removing dummy created accounts 120K 120K / 600K = 25%
  • 30. 1- Observations 2- Hypothesis 3- Experiment 4- Refine 5- Validate The Approach: Step by Step Process Questions to answer. Observing a trend or a problem. What is a hypothesis? How to build one? & Good vs Bad hypothesis. How to test hypothesis? What data to look at? Refine hypothesis based on test. How to measure the effect? Success metrics!
  • 31. Validate How to measure the effect? Success metrics!
  • 32. What is a success metric? Metrics are a lens into your product’s health and performance.
  • 35. 1- Observations 2- Hypothesis 3- Experiment 4- Refine 5- Validate The Approach: Step by Step Process Questions to answer. Observing a trend or a problem. What is a hypothesis? How to build one? & Good vs Bad hypothesis. How to test hypothesis? What data to look at? Refine hypothesis. How to measure the effect? Success metrics!
  • 36. Thank you Abdallah Al-Khalidi Linkedin: abzkhaldi | Twitter: @abzkhaldi Email: abdallah.khalidi@gmail.com