4×4 Competency Assessment of PMs
Let me share a process and template that I have been using for many years to coach my team members and help them grow. As a FREE resource.
Menu
A-Z collection of tools, techniques, and frameworks relevant for Product Managers.
Let me share a process and template that I have been using for many years to coach my team members and help them grow. As a FREE resource.
Understand the underlying needs of customers rather than what they express in superficial statements.
A well-documented framework developed and published by Tim Herbig. It provides even more guidance to the various phases of Product Discovery than the Double Diamond model.
Different from traditional waterfall-style project management, agile frameworks are more suitable for environments with a high degree of uncertainties and fast-paced innovation.
Jeff Bezos made the decision to ban PowerPoint (and similar) presentations, and instead move to the six-pager model.
A B2B Metrics Framework Issues with the Pirate Metrics Framework We have discussed Pirate Metrics, a popular framework helping to monitor the health of the business
Summary of some key indicators of business success.
We pull the entire team into Product Discovery, the loop is closed and discovery becomes a continuous process.
A fast-paced, rapid ideation exercise to sketch solution ideas in just a few minutes.
Crossing the Chasm is a concept for visualizing the adoption of a new technology over time by different types of customers.
Sometimes referred to as a Design Sprint, a Discovery Sprint is a five days, time-boxed activity of the team focusing on product Discovery.
Derived from earlier processes mostly in consumer-oriented fast-moving customer goods (FMCG), the Double Diamond model provides guidance through the various stages of Product Discovery.
Specifically in B2B, when some customers are reluctant to change, it is important to be able to stage any major update.
Impact maps, in a highly visual manner, visualize how items from the product delivery plan connect to the high-level goals and help to align tactical work to strategic priorities.
A framework to find out and describe the value a product or feature brings to a user.
The Kano model helps to identify which features are key differentiators, which are table-stakes and which are a waste of time and resources.
The Lean UX canvas is a tool to help cross-functional teams in establishing a customer-centric conversation about the ongoing work.
MVP is often referred to as a version of a product with just enough functionality to be usable and of value to early customers while still being far from being complete.
The MoSCoW method is a prioritization technique to reach a common understanding with stakeholders on the importance of requirements.
The North Star Framework attempts to organize all product work to support a single metric which serves as a leading indicator for long-term business success.
NPS, CSAT, and CES Different metrics exist to measure customer satisfaction. Here we will discuss 3 of them. Net Promoter Score When discussing ->Product-Led Growth,
A highly visual, hierarchical plan that guides through the non-linear process of product discovery.
Pirate Metrics Framework For digital products, measuring success and growth is essential. The so-called Pirate Metrics is a framework of five user-behavior metrics that provides
The business structure is illustrated via a chain of activities, where each is next to their up- or downstream activity until the beginning and the end of value are depicted.
Product-Market Fit Product ideas may fail for many different reasons — but lack of market needs is by far the most important one. To avoid
A PRD typically is a very extensive documentation containing all the requirements on a future product.
PLG describes a business strategy that counts on the product itself for acquiring, onboarding, and retaining customers.
Specifically in B2B, sharing a public version of your roadmap will help to align with customers.
The RICE model enables Product Managers to assess competing ideas, scoring them in different dimensions and deriving a prioritization based on that.
Shape Up is a specific methodology on how to organize product development in an efficient manner, specifically when the organization grows.
SWOT analysis is a strategic planning and management technique used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
During usability testing, a UX researcher observes users in completing tasks in order to assess easy of use of a product.
A user journey map is a visual representation of the experience that a user goes through in order to accomplish a goal, or to complete a certain task.
User Persona User personas are created to represent archetypal users of a product in order to summarize the goals and needs of a specific target
Needed to directly involve customers and, thus, helping to build a product fits users’ needs.
An informal, plain-language description of what a user wants to achieve with a product. A longer journey can be represented via a map.
A value proposition provides the answer to why a customer should buy or use a product.
Amazon’s methodology for thinking about the value of a product idea for customers before the idea is even been worked on.