How to See the Best in the Worst by PureFacts VP Product
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Main takeaways: - Identifying the worst in your product is power - How "the worst" is the biggest opportunity and can become "the best" - Crafting products with "the worst" not worth solving for
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How to See the Best in the Worst by PureFacts VP Product
- 1. www.productschool.com How to See the Best in the Worst by PureFacts VP Product
- 2. Join 40,000+ Product Managers on Free Resources Discover great job opportunities Job Portal prdct.school/PSJobPortalprdct.school/events-slack
- 3. CERTIFICATES Your Product Management Certificate Path Product Leadership Certificate™ Full Stack Product Management Certificate™ Product Management Certificate™ 20 HOURS40 HOURS40 HOURS
- 4. Corporate Training Level up your team’s Product Management skills
- 5. Victor Skrylev T O N I G H T ’ S S P E A K E R
- 6. Hidden Agenda Knowing what is the worst about your product is power Turning the worst into the best can make your career Avoiding the worst can sustain your career
- 7. Empathy & Insight Design Thinking Analytical Thinking Problem Definition & Strategy Story Telling & Influence Product Leadership About Me
- 8. PureFacts Story Canadian Success Story 10x Growth as a Global Company
- 11. Product leader’s job is to... ...delight customers... ...in hard to copy... ...margin enhancing ways.
- 12. Sales Customer Success Designers EngineersMarketing Board Members Support Customers Investors Delight Customers Hard to Copy Margin Enhancing ● Upload Speed ● Filters ● Network Effect ● Targeted audiences
- 13. Sales Customer Success Designers EngineersMarketing Board Members Support Customers Investors Must Haves Performance Delighters ● Upload and share photos ● Upload speed ● Filters Kano Model
- 15. Knowing what is the worst about your product = power Because it inspires action
- 17. Crafting Products with the Worst Not Worth Solving For My brilliant product idea is 80% wrong... … when I spend 30 minutes thinking about it It is 75% wrong… … when I spend 40 hours thinking about it
- 18. Crafting Products with the Worst Not Worth Solving For Get comfortable with not knowing the winning strategy, invest time into learning what it should be
- 19. Crafting Products with the Worst Not Worth Solving For CUSTOMER SEGMENTS Who has this problem? EARLY ADOPTERS Who would be interested in solving it now? PROBLEM What is the problem? EXISTING ALTERNATIVES How is it solved today? VALUE PROPOSITION What is the value of solving it for our customer? PRODUCT VALUE What is the value of solving this problem for PureFacts? UNFAIR ADVANTAGE Is PureFacts uniquely positioned to solve it relative to existing alternatives? KEY METRICS What indicators can confirm problem is solved? SOLUTION What is the solution? COST STRUCTURE What is the effort to solve the problem and ship it to customers? Any one-time vs. ongoing cost? REVENUE STREAMS What are all the sources of revenue? NEXT STEPS What are the highest risk assumptions? What are the steps to de-risk?
- 20. Shortening the Feedback Loop Validate the Problem Validate the Solution Create Value Early Optimize for Long Term Value
- 21. www.productschool.com Part-time Product Management Training Courses and Corporate Training
Notas del editor
- If you’re interested to connect with other Product Managers, aspiring PMs, or those within tech, join our Slack community of over 40,000 professionals. It’s a great place to network and to find interesting content. We host a weekly AMA through our Slack channel on Tuesdays from 11:15am - 12pm PST. We have also recently launched the Job Portal where you can find the latest Product Management opportunities! As members of the Product School community, we'd like to provide you with these resources at your disposal.
- Product School’s Product Management Certificate Path comprises of 3 part-time courses for professionals with strong technical or business background who want to further explore Product Management at software-based companies. During Product Management Training you will first learn Product Management fundamentals to understand the software product lifecycle and what it takes to successfully transition into a product management role. You’ll then be trained to retrieve data, understand its value and make impactful decisions with SQL, data visualization and Tableau. Learn to understand your users to deliver exceptional UX/UI design and develop a robust digital marketing plan. During the Full Stack Product Management Training, you will deep dive into the technical knowledge to enhance your ability to work with agile teams. Finally, Product Leadership Training will elevate your product knowledge to become an effective Product Leader. You'll do an in-depth analysis on how to implement best PM practices on a strategic level to significantly impact your company’s portfolio and revenue. Learn the soft skills to manage product teams and manage stakeholders to deliver performing products.
- As well as individual courses we provide corporate training across the world! If you’d like to upskill your product team this is the best option for you. We have trained employees from multiple companies such as Deloitte, Salesforce, JP Morgan, Bank of America amongst many other companies across all industries.
- Tonight's talk is “ [TITLE] ” with [NAME]. Welcome, [NAME].
- Feel free to speak with me and I can point you in the right direction (explain where to apply). Or you can visit www.productschool.com Have a good night!