In today's economy most organization have strict budget constraints which limits the amount of resources that can be dedicated to new products and product enhancements. Add to this, the fact that most industries are increasingly competitive and companies that do not keep up and adapt to fast changes find themselves rapidly fading out of existence.
The product management professional is becoming the go-to person for everything ranging from what does the industry want/need to prioritizing and roadmap management to what programing language should be used to build it all.
We'll be discussing how you can succeed in small orgs and/or with limited resources and how can "jack-of-all-trades" PMs ensure product success(?)
W. Alejandro Polanco, Head of Product Strategies, Arise Virtual Solutions, Inc. is a seasoned, product management leader with a passion for user experience. Polanco has more than 10 years of experience with a solid combination of technology background and business acumen. He drives quantifiable results by orchestration and delivery of complex products in online marketing, cloud-based tools and e-commerce.
W. Alejandro says, "Anxiously looking forward to sharing with and learning from some of the brightest minds in the product management profession."
Questions to be discussed:
Q1 Who dictates how you prioritize what's going to be built into the product?
Q2 How do you communicate to clients that their requested feature(s) are not coming soon? Biggest mistake is saying to clients "we have limited resources".
Q3 How do you stay centered w/roadmap & vision w/o reacting to limited resources & changing requirements
It's easy to fall into a reactive mode and let your roadmap fade away as you try to balance vision and production issues. Share some tactics that have proven successful in maintaining this balance.
Q4 How do you include key steps & teams into go-to-market strategies?
In highly-competitive industries and fast-moving technologies how do you build go-to-market strategies without bypassing key steps and teams like UX/UAT, internal communication, marketing, sales training and ensure your strategy is not obsolete by the time you're ready to go live?
Q5 What is an appropriate percentage of time a PM should allocate to industry research? with the understanding that there are only so many hours to dedicate to all other tasks without burning out?
Recap: Overcoming Limited Resources & Unrealistic Expectations to Ensure Product Success - #ProdMgmtTalk
Includes transcript of tweets, podcast and summary
Nov 21: Overcoming Limited Resources and Unrealistic Expectations t...
Transcript of Tweets from discussion. In today's economy most organization have strict budget constraints which limits the amount of resources that can be dedic
PodCast: Overcoming Limited Resources Unrealistic Expectations 11/23 by ProdMgmttalk | Blog Talk Radio
W. Alejandro Polanco and Cindy F. Solomon discuss the tweets from Monday's event and go deeper into the answers.
Getting Real: Half, Not Half-Assed (by 37signals)
@roadmapwarrior suggested this in re: limited resources
Providing a Product Roadmap to Customers from Pragmatic Marketing, world's most popular product management training
In Answer to Q2: When you want to communicate a certain message internally w/more details than posted out to client base. When we provide quarterly projections of functionality to customers, it sets their expectations. Internally, there is no way to get a committed delivery date until we are at least half-way through our development cycle. How can we lead the market, conveying a roadmap to our clients without setting expectations?
Product Management Tips: Have a Road Map Commitment Process
In Answer to Q1: Put a rational process in place for evaluating proposed changes to the product road map. Ensure that options are compared together and that realistic tradeoffs are made.
Nov 21 Transcript cleaning - #ProdMgmtTalk
How smaller companies should handle the new product development process | The B2 Business Hub
The common features of big company new product development (NPD) processes are: 1. A review board consisting of the heads of the departments that provide resources to development programmes 2. A core team responsible for managing the development implementation consisting of individuals of various functional departments 3.
How can you listen to the market with limited resources?: Ask A Good Product Manager: Your product management questions answered
Question: How can a product manager get customer feedback without spending a lot of money? Answer from Paul Young of Product Beautiful.
Pack of Links for Nov 21:
Overcoming Limited Resources and Unrealistic Expectations to Ensure Product Success with @wapolanco
PR: Overcoming Limited Resources And Unrealistic Expectations | PRLog
Global Product Management Talk On Overcoming Limited Resources And Unrealistic Expectations. W. Alejandro Polanco, Product Strategies Expert, Leads Discussion About Ensuring Product Success Despite Challenges - PR11723851