product management - dancing for revenue

16
Dancing for Revenue A Product Management Conceptualization www.spatiallyrelevant.org

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General presentation on the realities of product management and in general marketing for technology folk.

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Page 1: Product Management - Dancing For Revenue

Dancing for RevenueA Product Management Conceptualization

www.spatiallyrelevant.org

Page 2: Product Management - Dancing For Revenue

You Just Got the PM Gig!

It looks easy, it’s just requirements. You know the

product. These people trust you, you dress well……

Page 3: Product Management - Dancing For Revenue

Your Technology Rocks!

Page 4: Product Management - Dancing For Revenue

You’ve prepared for the dance

You surfed the web – Wikipedia, PDMA.org, Pragmatic

Marketing. You read blogs and you read 3 Seth Godin

books really fast. You even took contract law as an

undergrad!

Page 5: Product Management - Dancing For Revenue

Knowing the steps, while helpful

doesn’t mean you have the lead. Everyone ELSE has the

big ideas too and change in tempo freaks people out.

Page 6: Product Management - Dancing For Revenue

Gross Margin?

EBITDA, Customer Sat, Win rates and reports?

Page 7: Product Management - Dancing For Revenue

So you think you can dance?

Ultimately you need to develop a choreography which aligns the

organization to deliver revenue and profit for your product. The dance

is about synching the tempo of the organization, mapping to the beat

of the market and ensuring you hit your position.

Page 8: Product Management - Dancing For Revenue

Know Organizational Tempo

Capacity constraints, skill gaps and

likes vary from group to group.

Page 9: Product Management - Dancing For Revenue

the market beat

Competitors, personas, wins, losses and customers

colliding and dodging.

Page 10: Product Management - Dancing For Revenue

Some markets like to polka

Page 11: Product Management - Dancing For Revenue

some markets like primus

Page 12: Product Management - Dancing For Revenue

positional awareness

• Product • Performance Metrics

• Research

• Competitive news

• Communicate• Decisions

• Drivers

• Needs

• Collaborate• Strategy

• Priorities

Page 13: Product Management - Dancing For Revenue

not every move is perfect

Page 14: Product Management - Dancing For Revenue

The Product Dance

• The tempo consistently changes• Organizational inertia

• Market changes

• Documented, communicate and synch the choreography• Explain the linkages of tactics to strategy

• Communicate the facts

• Identify and communicate the hard steps

• You don’t always have to have the lead

• Have a little fun

Page 15: Product Management - Dancing For Revenue

http://flickr.com/photos/sharynmorrow/55964704/sizes/sq/in/set-78331/

credits…

…thanks

http://flickr.com/photos/smb_flickr/2284434844/sizes/sq/

http://flickr.com/photos/johncohen/152850884/sizes/sq/

http://flickr.com/photos/staciesphotos/3229601924/

http://flickr.com/photos/jonathanm71/1744741680/sizes/sq/

http://flickr.com/photos/somesay/424344524/sizes/sq/

http://flickr.com/photos/whatbettertime/27776303/

http://flickr.com/photos/ktelqueen/359044905/

http://flickr.com/photos/sharynmorrow/48280894/sizes/sq/

http://flickr.com/photos/8147452@N05/2362890966/sizes/sq/

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Page 16: Product Management - Dancing For Revenue

Dancing for RevenueA Product Management Conceptualization

www.spatiallyrelevant.org