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Pivoting Between Industries by Amazon Sr PM

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Pivoting Between Industries by Amazon Sr PM

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Main Takeaways:

Why do people pivot from industry to industry?
When should you pivot or when is the best time to pivot industries?
How to effectively make the transition

Main Takeaways:

Why do people pivot from industry to industry?
When should you pivot or when is the best time to pivot industries?
How to effectively make the transition

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Pivoting Between Industries by Amazon Sr PM

  1. 1. www.productschool.com Pivoting Between Industries by Amazon Sr PM
  2. 2. CERTIFICATES Your Product Management Certificate Path Product Leadership Certificate™ Full Stack Product Management Certificate™ Product Management Certificate™
  3. 3. Corporate Training Level up your team’s Product Management skills
  4. 4. Free Product Management Resources BOOKS EVENTS JOB PORTAL COMMUNITIES bit.ly/product_resources COURSES
  5. 5. PM Pivoting Between Industries
  6. 6. Kimberley Holloway Sr. Product Manager, Amazon
  7. 7. Where I have worked as a PM 03 06
  8. 8. Definition of Pivot • Noun: the central point, pin, or shaft on which a mechanism turns or oscillates. • In Business: A pivot means fundamentally changing the direction of a business when you realize the current products or services aren't meeting the needs of the market. • In Basketball - Pivoting is when a player stands still and steps with one foot . The foot that stays on the ground is called the pivot foot.
  9. 9. Today’s Topics Why do we pivot, or have the desire to? When is the best time to pivot? How to make the transition? Pivot Power!
  10. 10. Why do I want to Pivot 01 Create new opportunities to stay relevant 02 Challenged Differently Bored 04 05 Looking for new Challenges 06 Reinvigorate your brand! 03 Gain new Perspective
  11. 11. Ultimately the reason you desire to pivot is yours! Own it and make it apart of your story and journey
  12. 12. I saw the sign! When to pivot.. • Slow or no career progress, • slow moving or extinct industry. • Plateau • Perspective about your industry has changed Internal Factors • Job Loss, • Market Changes External Factors Signs Include:
  13. 13. How to determine its time SWOT ANALYSIS of your company, industry and role OPPORTUNITIES WEAKNESSES STRENGTHS 03 02 01 THREATS 04
  14. 14. Shifting is Hard • Why? • Unicorn Status hire • Industry plus role expertise • Less than 5% actually meet all job requirements in a posting
  15. 15. How to Transition
  16. 16. To Start the Process: 1. Ask yourself: ● Interests outside of work? ● What are you reading? Publications, books or articles are you drawn to read during your free time? ● What problems are you interested in solving? Are their products or services you use often that you love? This is a great way to start the brainstorming process.
  17. 17. 2. Self inventory – Professional/Personal Audit of skills and experiences Play to your strengths, Grow your weaknesses
  18. 18. 3. Find industries of interest, & look for directional trends – how can your experience create value?
  19. 19. 4. Perfect your Pitch to Pivot your Brand – what is your story, create it, say it, per-fect it
  20. 20. 5. Get up Get Out & Do Something! 1. Reach out to people who have your dream job or work in a target industry to learn more about what its like to work in the space. Be mindful to not ask for anything except to learn more. This is a learning session and people love to share what they know! 2. Attend a networking event in your industry. 3. Create a new network in your preferred industry through points 1 & 2.
  21. 21. Recap ● Why ○ Find your reason for the pivot ● When ○ Launch Plan for when you want to pivot ○ Sometimes life will throw you a bone as a perfect time to pivot (job loss, market/Industry changes) ● How ○ Learn more about you! Your interests & what you naturally gravitate to ○ Self Audit of skills and experiences ○ Learn more about the industry of interest and create relationships between your skills & experiences & the industry needs ○ Pitch Perfect – Perfect your pitch ○ Meet People in the industry of interest ( LinkedIn, Industry Events, Meetups etc.) ● PIVOT!
  22. 22. Thanks Do you have any questions? https://kimthepm.com/ https://www.linkedin.com/in/kimholloway1/
  23. 23. www.productschool.com Part-time Product Management Training Courses and Corporate Training

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