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Product Management:
Good, Better, Best
Rich Mironov
1 March 2014
1
©	
  Rich	
  Mironov,	
  2014	
  
•  Veteran product manager/executive
•  6 startups, including as CEO
•  “The Art of Product Management”
•  First Product Camp, first product tracks
at Agile conference
ABOUT RICH MIRONOV
2P C a m p . L A 1 M a r 1 4
•  Focus on deliverables
and processes
•  Engineering and
Marketing notice
promptness before
quality
•  But great product management >> deliverables
•  We earn our pay by making hard decisions
HARD TO QUANTIFY PRODUCT
MANAGEMENT EXCELLENCE
3P C a m p . L A 1 M a r 1 4
REQUIRED SPORTS ANALOGY:
[1] LEARN THE BASICS
4P C a m p . L A 1 M a r 1 4
[2] TECHNICAL MASTERY
5P C a m p . L A 1 M a r 1 4
[3] BRILLIANCE >> TECHNIQUE
6P C a m p . L A 1 M a r 1 4
•  “Minimally viable product manager”
•  Learn the tools, keep the product process flowing
•  Technical mastery
•  Best practices, efficient processes, successful products
•  Strategist
•  Creative solutions, competitive advantage,
seeing around corners
GOOD, BETTER, GREAT
PRODUCT MANAGEMENT
7P C a m p . L A 1 M a r 1 4
•  Market insight
•  Agile
•  Pricing
•  Organizational thinking
FOUR ASPECTS
P C a m p . L A 1 M a r 1 4 8
“Daddy said that
customers will
want this.”
MINIMALLY VIABLE MARKET INSIGHT
9P C a m p . L A 1 M a r 1 4
TECHNICAL MASTERY: KNOWN
MARKETS, UNDERSTOOD NEEDS
10P C a m p . L A 1 M a r 1 4
DEEPLY CHANNELING
CUSTOMER NEEDS
11P C a m p . L A 1 M a r 1 4
•  Choose a model
•  Play your part
•  Make some music
MINIMALLY VIABLE
AGILE PRODUCT OWNERSHIP
12P C a m p . L A 1 M a r 1 4
•  Teamwork
•  Right-sized
stories
•  Groomed
backlog
•  Efficient
planning
•  Harmony
TECHNICAL MASTERY OF
AGILE PRODUCT OWNERSHIP
13P C a m p . L A 1 M a r 1 4
•  Whole team contributes to market insights
•  “Customer problems are we trying to solve” instead
of “what customers asked for”
TRANSCENDING TEXTBOOK PROCESSES
14P C a m p . L A 1 M a r 1 4
We have a price
•  Matches competition
•  Doesn’t delay launch
MINIMALLY VIABLE PRICING
15P C a m p . L A 1 M a r 1 4
B2B:	
  $20	
  
per	
  month	
  
per	
  user	
  
Apply well-
known
models
correctly
TECHNICAL MASTERY OF PRICING
16P C a m p . L A 1 M a r 1 4
	
  	
  
Basic	
  
Expanded	
  
Advanced	
  
Core	
  feature	
  #1	
   √	
   √	
   √	
  
Core	
  feature	
  #2	
   √	
   √	
   √	
  
Core	
  feature	
  #3	
   √	
   √	
   √	
  
Baseline	
  support	
  (5*8,	
  email)	
   √	
   √	
   √	
  
Baseline	
  capacity	
   √	
   √	
   √	
  
Monthly	
  newsleFer	
   √	
   √	
   √	
  
Major	
  upgrade	
  feature	
   	
  	
   √	
   √	
  
Cool	
  feature	
   	
  	
   √	
   √	
  
Extra	
  capacity	
   	
  	
   √	
   √	
  
Expanded	
  service	
  hours	
  (6*12)	
   	
  	
   √	
   √	
  
Professional	
  feature	
   	
  	
   	
  	
   √	
  
Tons	
  of	
  capacity	
   	
  	
   	
  	
   √	
  
Concierge	
  service	
  (24*7,	
  phone)	
   	
  	
   √	
  
Golf	
  with	
  sales	
  rep	
   	
  	
   	
  	
   √	
  
CEO	
  welcome	
  leFer	
   	
  	
   	
  	
   √	
  
New pricing model changes basis of competition
STRATEGIC MARKETPLACE
DISRUPTION THROUGH PRICING
17P C a m p . L A 1 M a r 1 4
18P C a m p . L A 1 M a r 1 4
•  Plays well with others
•  Sales is willing to invite
to customer meetings
MINIMALLY VIABLE
ORGANIZATIONAL SKILLS
19P C a m p . L A 1 M a r 1 4
•  Knows what motivates
stakeholders and team
•  Smoothly leads without
authority
•  Understands org charts and
organizational structures
TECHNICAL MASTERY OF
ORGANIZATIONAL MODELS
20P C a m p . L A 1 M a r 1 4
•  Sorts roles from personalities,
anticipates behaviors
•  Coaches across all levels
and functions
•  Given our executive team,
how should we be structured?
STRATEGIC INSIGHT INTO
PEOPLE AND ORGANIZATIONS
21P C a m p . L A 1 M a r 1 4
Deeply understands customer needs…
Can quantify the value of solutions…
Partners to get great product built…
Gently manages the organization…
Helps customers discover/appreciate/buy
SO A GREAT PRODUCT MANAGER…
22P C a m p . L A 1 M a r 1 4
CLICK TO EDIT
MASTER TITLE
STYLE
CONTACT
Rich Mironov
San Francisco, CA 94102
RichMironov	
  
@RichMironov
Rich@Mironov.com	
  
P C a m p . L A 1 M a r 1 4 23

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Product Camp LA Keynote - 1 March 2014

  • 1. CLICK TO EDIT MASTER TITLE STYLE Product Management: Good, Better, Best Rich Mironov 1 March 2014 1 ©  Rich  Mironov,  2014  
  • 2. •  Veteran product manager/executive •  6 startups, including as CEO •  “The Art of Product Management” •  First Product Camp, first product tracks at Agile conference ABOUT RICH MIRONOV 2P C a m p . L A 1 M a r 1 4
  • 3. •  Focus on deliverables and processes •  Engineering and Marketing notice promptness before quality •  But great product management >> deliverables •  We earn our pay by making hard decisions HARD TO QUANTIFY PRODUCT MANAGEMENT EXCELLENCE 3P C a m p . L A 1 M a r 1 4
  • 4. REQUIRED SPORTS ANALOGY: [1] LEARN THE BASICS 4P C a m p . L A 1 M a r 1 4
  • 5. [2] TECHNICAL MASTERY 5P C a m p . L A 1 M a r 1 4
  • 6. [3] BRILLIANCE >> TECHNIQUE 6P C a m p . L A 1 M a r 1 4
  • 7. •  “Minimally viable product manager” •  Learn the tools, keep the product process flowing •  Technical mastery •  Best practices, efficient processes, successful products •  Strategist •  Creative solutions, competitive advantage, seeing around corners GOOD, BETTER, GREAT PRODUCT MANAGEMENT 7P C a m p . L A 1 M a r 1 4
  • 8. •  Market insight •  Agile •  Pricing •  Organizational thinking FOUR ASPECTS P C a m p . L A 1 M a r 1 4 8
  • 9. “Daddy said that customers will want this.” MINIMALLY VIABLE MARKET INSIGHT 9P C a m p . L A 1 M a r 1 4
  • 10. TECHNICAL MASTERY: KNOWN MARKETS, UNDERSTOOD NEEDS 10P C a m p . L A 1 M a r 1 4
  • 11. DEEPLY CHANNELING CUSTOMER NEEDS 11P C a m p . L A 1 M a r 1 4
  • 12. •  Choose a model •  Play your part •  Make some music MINIMALLY VIABLE AGILE PRODUCT OWNERSHIP 12P C a m p . L A 1 M a r 1 4
  • 13. •  Teamwork •  Right-sized stories •  Groomed backlog •  Efficient planning •  Harmony TECHNICAL MASTERY OF AGILE PRODUCT OWNERSHIP 13P C a m p . L A 1 M a r 1 4
  • 14. •  Whole team contributes to market insights •  “Customer problems are we trying to solve” instead of “what customers asked for” TRANSCENDING TEXTBOOK PROCESSES 14P C a m p . L A 1 M a r 1 4
  • 15. We have a price •  Matches competition •  Doesn’t delay launch MINIMALLY VIABLE PRICING 15P C a m p . L A 1 M a r 1 4 B2B:  $20   per  month   per  user  
  • 16. Apply well- known models correctly TECHNICAL MASTERY OF PRICING 16P C a m p . L A 1 M a r 1 4     Basic   Expanded   Advanced   Core  feature  #1   √   √   √   Core  feature  #2   √   √   √   Core  feature  #3   √   √   √   Baseline  support  (5*8,  email)   √   √   √   Baseline  capacity   √   √   √   Monthly  newsleFer   √   √   √   Major  upgrade  feature       √   √   Cool  feature       √   √   Extra  capacity       √   √   Expanded  service  hours  (6*12)       √   √   Professional  feature           √   Tons  of  capacity           √   Concierge  service  (24*7,  phone)       √   Golf  with  sales  rep           √   CEO  welcome  leFer           √  
  • 17. New pricing model changes basis of competition STRATEGIC MARKETPLACE DISRUPTION THROUGH PRICING 17P C a m p . L A 1 M a r 1 4
  • 18. 18P C a m p . L A 1 M a r 1 4
  • 19. •  Plays well with others •  Sales is willing to invite to customer meetings MINIMALLY VIABLE ORGANIZATIONAL SKILLS 19P C a m p . L A 1 M a r 1 4
  • 20. •  Knows what motivates stakeholders and team •  Smoothly leads without authority •  Understands org charts and organizational structures TECHNICAL MASTERY OF ORGANIZATIONAL MODELS 20P C a m p . L A 1 M a r 1 4
  • 21. •  Sorts roles from personalities, anticipates behaviors •  Coaches across all levels and functions •  Given our executive team, how should we be structured? STRATEGIC INSIGHT INTO PEOPLE AND ORGANIZATIONS 21P C a m p . L A 1 M a r 1 4
  • 22. Deeply understands customer needs… Can quantify the value of solutions… Partners to get great product built… Gently manages the organization… Helps customers discover/appreciate/buy SO A GREAT PRODUCT MANAGER… 22P C a m p . L A 1 M a r 1 4
  • 23. CLICK TO EDIT MASTER TITLE STYLE CONTACT Rich Mironov San Francisco, CA 94102 RichMironov   @RichMironov Rich@Mironov.com   P C a m p . L A 1 M a r 1 4 23