Some product managers exert strong influences over teams through formal authority because of their domain expertise or track record. As a new product manager leading a team through influence may seem daunting without any of these.
However, influence comes in different forms, and the most powerful form doesn’t require authority, expertise or a track record (although they all help) — just an open heart.
Oprah is the Influencer of influencers and, on her final show, she shared some of her greatest lessons, including this gem that highlights what lies at the heart of her influence.
“I’ve talked to nearly 30,000…
As a product manager, you understand your users very well, and you aim to solve their problems. Part of your role is the voice of the customer (VOC) and dissemination of this knowledge within the organization, particularly the team building the product.
Generally, the project team will have a good high-level idea of who the users are and the problem to be solved so that major technical decisions will be unambiguous.
However, designers & developers are also making many small technical decisions throughout the process that will impact the final product. …
It’s not enough anymore. Standard solutions. Conventional advertising. Top-down execution. The good news is that “more” isn’t needed — just a change in perspective.
Our company delivers IoT solutions using a variety of sensors and wireless technologies. We complement our clients existing product development & manufacturing or provide full turn-key solutions. An area we excel in is partnering with companies interested in creating IoT versions of existing products but don’t have all of the capabilities in-house.
One such example was in the pest control market where we partnered with an industry leader and created smart traps and bait stations that significantly improve service efficiency and efficacy for Pest Control Organizations (PCOs).
Checking only the traps or bait stations with rodent activity would save over…
As a product manager, you are the entrepreneur within your company. Your job is to discover products that are useable for your customers, feasible for your engineers and viable for your business.
“The role of a product manager is to discover a valuable product that is useable for our customers, feasible for our engineers, and viable for our business.” Marty Cagan, Inspired.
Under your leadership, the ideas you bring forward will transform your company. First, however, those ideas will need buy-in from a diverse group of stakeholders.
The business case is a document that supports your idea by providing an…
A critical component of any new venture.
Estimating market size is critical to creating a successful business plan. It determines whether a new venture is feasible and provides the foundation to generate financial projects.
There are two basic ways to evaluate the market size — a top-down analysis and bottom-up analysis.
Start large and broad and reduce.
A top-down methodology takes a macro approach by estimating the total market and then reducing it based on your industry and the segments you’re targeting. …
“And for those of you without kids, the amount of free time you have is scandalous.” My wife and I smiled in response to the speaker. The topic was spiritual disciplines, and like any new habit, progress occurs by putting in the time. So naturally, a few words on time management came up.
Two kids later, I don’t recall the spiritual disciplines, but that one line has stuck with (haunted) me ever since.
My time is far from ‘scandalous’ now.
When it was, going to the gym was a 2-hour afternoon at LA Fitness. Now, it’s a 40-minute trip to…
Many companies already have successful products in the marketplace. They see the trend toward connected products and the value of getting data from those products.
Data that was previously only accessible manually, such as through customer support or field visits, can now be obtained instantly, providing a significant competitive advantage that can be fed back as updates or new products.
Connected products can make new data points available such as frequency of use, operating status and system errors. Through remote updates, bugs can be fixed, features added, and the life of the product extended, leading to greater customer satisfaction.
Between the two floors separating my basement router from my upstairs office and the other ten Wi-Fi access points in nearby homes, the Wi-Fi signal my laptop receives is weak.
Product & Program Manager at Multi-Tech Systems. Providing custom IoT Products & Solutions that deliver business results.