product management today

12
Product Management Today Tried & Tested Methods

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Product management landscape today

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Page 1: Product management Today

Product Management Today

Tried & Tested Methods

Page 2: Product management Today

What is Product Management

UX Tech

Business Product Management

“The process of creating a product which is feasible, usable & valuable by liaising with other teams in the organization”

Page 3: Product management Today

Traditional Product Management

Define Design Develop Deploy

• Define product features • Gather business requirements • Analyze capabilities of the team

• Write specs for technical team • Follow development • Deploy product & UAT

Page 4: Product management Today

New Age Product Management

Define

Design

Develop Deploy

Measure

1

2

3 4

5

Vision

Goals

SWOT

Research

Capability

Cost Timeline

Analyze

User Stories

User Stories

User Stories

User Stories

User Stories

Page 5: Product management Today

User Stories

What When

How Why

Stories

**User stories are now the most intricate part of product development

Page 6: Product management Today

User Story to Specs Translation

I want to know what I bought before in

the shop

User account management with previous order details

On the product page I want to know if this

item is shipped to my location

Pin/Zip code look-up for

every product

I do not want to see updates from my Ex but I do not want to

unfriend him

Option to unfollow user or

hide feed

Page 7: Product management Today

You can’t accommodate all

Most important features

Good to have features

Not so important features

Useless features

Remember a small feature may cost as much as the most important feature

• Prioritize – Create wish list

• Evaluate

• Align

• Create a road map

• Measure

• Optimize

Page 8: Product management Today

User Experience Design

In today’s world UX is the only difference between successful and not so successful products

Things that doesn’t make a difference to

95% of your consumer

Things that make you stand out

Aligning technology and UX team is one of the

most important task of a product manager

Page 9: Product management Today

Product Development

Choose what suits you best

Page 10: Product management Today

Experiment Without Losing Focus

• Only if you try out new thing will you understand what works and what doesn’t

• Use pilot release to understand how users perceive your product • Benchmark your product • Know when to stop experimenting

Page 11: Product management Today

Learn & Improve

Page 12: Product management Today

Thank you

Debsena Chakraborty [email protected]