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LICENSE TO BECOME A PM
              Pinkesh Shah, CISSP
          CEO Adaptive Marketing

                               1
Role of a PM
Beyond requirements analysis

¨   CEO for the product
¨   Talk about customers and their
    problems as opposed to
    company and their products
¨   Master Orchestrator of the
    “Value Journey” that works
    with cross functional teams

      Finding compelling, competitive and
     profitable solutions to market problems
Career Path for a PM - Title


                                                                          SVP/GM
                                                                VP PM
                                                   Director
                                                      PM
                                       Group PM                            CEO
                            Sr. PM
                                                                Product
                  PM
                                                    Portfolio   BU
      APM/ TPM                                      Owner       Owner
                                         Product
                                         Line
                            Product      Owner
                            Business
                 Product    Owner
      Product    Features
      Module     Owner
      Owner
3
Anatomy of a PM

                               • Leadership
                 Soft skills   • Passion
                               • Communication..




                                    • Market Research
                                    • Competitive Analysis
                     Functional
                                    • Requirements
                        Skills
                                    • Positioning…..




                               • Online, B2C
                Domain
                               • Telco
                Expertise
                               • Security..
4
Lots to consider
                       Addressable market    New Competencies            M&A
Fleeting or lasting?

                  Market Size         Core                       New Routes to
                                      Competencies               Market
Customer Pain - Size                                             Sales / Support Investments
                                    Can I make money
    Big Fish in Small Pond?
                                          with it?                 Direct
Willingness to Pay                                                 Competitors
                                                                      Resource
    Target Customer                                                   Competitors
    Types                                                            Substitutes
        Target Segments

  Positioning                                                    Switching costs

     Timing       Organizational Appetite    Barriers to entry
Progression Accelerators

      ¨   Business Credentials (MBA/Certifications)
      ¨   Stakeholder Feedback
      ¨   Successful product launches
      ¨   Profitability Targets
      ¨   Team building
      ¨   II (Influentiality Index)
      ¨   Demonstrable knowledge of full spectrum
          “productizing” process

    Accelerators have a different effect at every stage
6
“Productizing” Process


                        Creating                      Communicatin
                         Value                          g Value
• Customer                         • Value                           • Value
  Value             • Define         based         • Positioning       Channels
  Modeling            products       Pricing         Value             Network
                                                     Prop
    Understanding                      Capturing                        Delivering
       Value                            Value                            Value




        Value Management = Product Management

     Market          Strategic       Product         Go To              Sales
     Analysis        Planning        Planning        Market          Enablement

    Choosing to        Building      Building it   Marketing it        Selling
       Build          Profitably       right          right          effectively
7
Creating                                                               Communicatin
        • Customer                                           Value                   • Value                                         g Value
                                                                                                                                                              • Value
          Value                                  • Define                              based                             • Positioning                          Channels
          Modeling                                 products                            Pricing                             Value                                Network
                                                                                                                           Prop
                    Understanding                                                              Capturing                                                                Delivering
                       Value                                                                    Value                                                                    Value




                           Adaptive Productizing FrameworkTM
                      Market                              Strategic                           Product                               Go To                                 Sales
                      Analysis                            Planning                            Planning                              Market                               Support
                                    Building Profitably
Choosing to Build




                                                                                                                                                  Selling effectively
                                                                                                              Marketing it right
                         Value                                                                                                       Product                            Collaterals &
                                                                          Building it right
                                                             Target                           Requirements
                      Research &                          Market Sizing                                                            Positioning                           Sales Tools
                       Analytics                                                               Product Line
                                                            Product                             Economics                           Routes to                           Lead Gen &
                     Resources &                            Strategy                                                                 market                               PreSales
                     Competency                                                                 Personas &
                                                           Buy/Build/                            Scenarios                         Marketing                             Channel &
                     Competitive                             Partner                                                                   Plan                                  Sales
                       Analysis                                                                   Market                                                                   Training
                                                            Pricing &                         Acceptance                             Launch
                       Win/Loss                            Packaging                             Planning                              Plan                              Evangelism
                       Analysis                                                                                                                                           Thought
                                                            Business                              Product                          Customer
                     Performance                                                                                                                                         Leadership
                                                          Model & Plan                          Roadmap                            Acquisition
                       Analysis                                                                                                                                           Revenue
5 Compelling Reasons for MBA/Certs

    1.   Whether you like it or not, it’s a filtering
         criteria
    2.   Good training/MBA will actually teach you
         frameworks for solving most product
         challenges
    3.   It allows you to speak the business language,
         terminology helps with credibility
    4.   If you are techie this is one of the fastest
         ways to become a generalist
    5.   It allows you to learn how to learn!
9
Tips

     ¨   Understand your assets/strengths
     ¨   Augment yourself with as many
         “Accelerators” as feasible
     ¨   Benchmark success in your organization
     ¨   Improve your “terminology” vocabulary
         before you develop deeper expertise
     ¨   For PMs with technology background its
         important to become a generalist
 MBA/Certification – in some cases its necessary but in
 most cases wont be sufficient
10
Email engage@adaptivemarketing.in
          “Adaptive marketing”


     Training schedule, resources/updates
         at www.adaptivemarketing.in

11

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Pinkesh shah 2

  • 1. LICENSE TO BECOME A PM Pinkesh Shah, CISSP CEO Adaptive Marketing 1
  • 2. Role of a PM Beyond requirements analysis ¨ CEO for the product ¨ Talk about customers and their problems as opposed to company and their products ¨ Master Orchestrator of the “Value Journey” that works with cross functional teams Finding compelling, competitive and profitable solutions to market problems
  • 3. Career Path for a PM - Title SVP/GM VP PM Director PM Group PM CEO Sr. PM Product PM Portfolio BU APM/ TPM Owner Owner Product Line Product Owner Business Product Owner Product Features Module Owner Owner 3
  • 4. Anatomy of a PM • Leadership Soft skills • Passion • Communication.. • Market Research • Competitive Analysis Functional • Requirements Skills • Positioning….. • Online, B2C Domain • Telco Expertise • Security.. 4
  • 5. Lots to consider Addressable market New Competencies M&A Fleeting or lasting? Market Size Core New Routes to Competencies Market Customer Pain - Size Sales / Support Investments Can I make money Big Fish in Small Pond? with it? Direct Willingness to Pay Competitors Resource Target Customer Competitors Types Substitutes Target Segments Positioning Switching costs Timing Organizational Appetite Barriers to entry
  • 6. Progression Accelerators ¨ Business Credentials (MBA/Certifications) ¨ Stakeholder Feedback ¨ Successful product launches ¨ Profitability Targets ¨ Team building ¨ II (Influentiality Index) ¨ Demonstrable knowledge of full spectrum “productizing” process Accelerators have a different effect at every stage 6
  • 7. “Productizing” Process Creating Communicatin Value g Value • Customer • Value • Value Value • Define based • Positioning Channels Modeling products Pricing Value Network Prop Understanding Capturing Delivering Value Value Value Value Management = Product Management Market Strategic Product Go To Sales Analysis Planning Planning Market Enablement Choosing to Building Building it Marketing it Selling Build Profitably right right effectively 7
  • 8. Creating Communicatin • Customer Value • Value g Value • Value Value • Define based • Positioning Channels Modeling products Pricing Value Network Prop Understanding Capturing Delivering Value Value Value Adaptive Productizing FrameworkTM Market Strategic Product Go To Sales Analysis Planning Planning Market Support Building Profitably Choosing to Build Selling effectively Marketing it right Value Product Collaterals & Building it right Target Requirements Research & Market Sizing Positioning Sales Tools Analytics Product Line Product Economics Routes to Lead Gen & Resources & Strategy market PreSales Competency Personas & Buy/Build/ Scenarios Marketing Channel & Competitive Partner Plan Sales Analysis Market Training Pricing & Acceptance Launch Win/Loss Packaging Planning Plan Evangelism Analysis Thought Business Product Customer Performance Leadership Model & Plan Roadmap Acquisition Analysis Revenue
  • 9. 5 Compelling Reasons for MBA/Certs 1. Whether you like it or not, it’s a filtering criteria 2. Good training/MBA will actually teach you frameworks for solving most product challenges 3. It allows you to speak the business language, terminology helps with credibility 4. If you are techie this is one of the fastest ways to become a generalist 5. It allows you to learn how to learn! 9
  • 10. Tips ¨ Understand your assets/strengths ¨ Augment yourself with as many “Accelerators” as feasible ¨ Benchmark success in your organization ¨ Improve your “terminology” vocabulary before you develop deeper expertise ¨ For PMs with technology background its important to become a generalist MBA/Certification – in some cases its necessary but in most cases wont be sufficient 10
  • 11. Email engage@adaptivemarketing.in “Adaptive marketing” Training schedule, resources/updates at www.adaptivemarketing.in 11