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Full article, including template and worked examples here:
www.hustlebadger.com/what-do-prod...
Full article, including template and worked examples here:
www.hustlebadger.com/what-do-prod...
You need to balance theory with pragmatism.
Talk about risk.
• What are you all comfortable with?
• How can you reduce it as fast as possible?
• What are the alternatives?
You need to balance theory with pragmatism.
Talk about risk.
• What are you all comfortable with?
• How can you reduce it as fast as possible?
• What are the alternatives?
• Hitting short term metrics.
• Down-time of engineering.
• Showing you’re delivering at all.
• Hitting short term metrics.
• Down-time of engineering.
• Showing you’re delivering at all.
BUT That's all theory.
In reality, discovery is politics.
You need enough evidence to have buy-in.
BUT That's all theory.
In reality, discovery is politics.
You need enough evidence to have buy-in.
• Intuition. i.e. you thinking on your own
• Planning. i.e. you thinking with your team
• Research. i.e. lots of customer interviews, surveys, references
• Data. i.e. AB testing, closed betas, fake door tests
More risk = higher up the hierarchy of confidence.
• Intuition. i.e. you thinking on your own
• Planning. i.e. you thinking with your team
• Research. i.e. lots of customer interviews, surveys, references
• Data. i.e. AB testing, closed betas, fake door tests
More risk = higher up the hierarchy of confidence.
• Effort to build. i.e. engineering cost
• Downside scenario. i.e. what happens if we're wrong
• Company maturity. i.e. revenue at risk
• Opportunity cost. i.e. what else we could build
• Effort to build. i.e. engineering cost
• Downside scenario. i.e. what happens if we're wrong
• Company maturity. i.e. revenue at risk
• Opportunity cost. i.e. what else we could build
Confidence > Risk
Confidence > Risk
• Discovery reduces the risk of not making a return
• There are four main risks (value, usability, tech, business)
• Discovery is expensive, so you only do as much as necessary. Faster is better
• Discovery reduces the risk of not making a return
• There are four main risks (value, usability, tech, business)
• Discovery is expensive, so you only do as much as necessary. Faster is better
• Product teams are expensive (~£1m a year)
• That's an investment in technology from the CEO
• She wants a return on that investment
• PMs are primarily responsible for making sure the CEO gets that return
• Product teams are expensive (~£1m a year)
• That's an investment in technology from the CEO
• She wants a return on that investment
• PMs are primarily responsible for making sure the CEO gets that return
Full article, including template and worked examples here:
www.hustlebadger.com/what-do-prod...
Full article, including template and worked examples here:
www.hustlebadger.com/what-do-prod...
You need to balance theory with pragmatism.
Talk about risk.
• What are you all comfortable with?
• How can you reduce it as fast as possible?
• What are the alternatives?
You need to balance theory with pragmatism.
Talk about risk.
• What are you all comfortable with?
• How can you reduce it as fast as possible?
• What are the alternatives?
• Hitting short term metrics.
• Down-time of engineering.
• Showing you’re delivering at all.
• Hitting short term metrics.
• Down-time of engineering.
• Showing you’re delivering at all.
BUT That's all theory.
In reality, discovery is politics.
You need enough evidence to have buy-in.
BUT That's all theory.
In reality, discovery is politics.
You need enough evidence to have buy-in.
• Intuition. i.e. you thinking on your own
• Planning. i.e. you thinking with your team
• Research. i.e. lots of customer interviews, surveys, references
• Data. i.e. AB testing, closed betas, fake door tests
More risk = higher up the hierarchy of confidence.
• Intuition. i.e. you thinking on your own
• Planning. i.e. you thinking with your team
• Research. i.e. lots of customer interviews, surveys, references
• Data. i.e. AB testing, closed betas, fake door tests
More risk = higher up the hierarchy of confidence.
• Effort to build. i.e. engineering cost
• Downside scenario. i.e. what happens if we're wrong
• Company maturity. i.e. revenue at risk
• Opportunity cost. i.e. what else we could build
• Effort to build. i.e. engineering cost
• Downside scenario. i.e. what happens if we're wrong
• Company maturity. i.e. revenue at risk
• Opportunity cost. i.e. what else we could build
Confidence > Risk
Confidence > Risk
• Discovery reduces the risk of not making a return
• There are four main risks (value, usability, tech, business)
• Discovery is expensive, so you only do as much as necessary. Faster is better
• Discovery reduces the risk of not making a return
• There are four main risks (value, usability, tech, business)
• Discovery is expensive, so you only do as much as necessary. Faster is better
• Product teams are expensive (~£1m a year)
• That's an investment in technology from the CEO
• She wants a return on that investment
• PMs are primarily responsible for making sure the CEO gets that return
• Product teams are expensive (~£1m a year)
• That's an investment in technology from the CEO
• She wants a return on that investment
• PMs are primarily responsible for making sure the CEO gets that return
Enjoy!
🧵7/7
Enjoy!
🧵7/7
Then, when I started Hustle Badger, I wanted to help other PMs succeed.
🧵6/7
Then, when I started Hustle Badger, I wanted to help other PMs succeed.
🧵6/7
Each role I applied for, I customised it for the new company and made it a little better.
🧵5/7
Each role I applied for, I customised it for the new company and made it a little better.
🧵5/7
So when we finally offered someone the role, I asked them for their deck. It was the best I'd seen.
🧵4/7
So when we finally offered someone the role, I asked them for their deck. It was the best I'd seen.
🧵4/7