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Intro to
                   Product
                   Management



Saturday, 16 February 13
Outcomes




Saturday, 16 February 13
Outcomes
                     • Theory




Saturday, 16 February 13
Outcomes
                     • Theory
                      • What is Product Management?




Saturday, 16 February 13
Outcomes
                     • Theory
                      • What is Product Management?
                      • The Product Management Process



Saturday, 16 February 13
Outcomes
                     • Theory
                      • What is Product Management?
                      • The Product Management Process
                      • Tips for incorporating Product
                           Management in your company




Saturday, 16 February 13
Outcomes
                     • Theory
                      • What is Product Management?
                      • The Product Management Process
                      • Tips for incorporating Product
                           Management in your company
                     • Practical
Saturday, 16 February 13
Outcomes
                     • Theory
                      • What is Product Management?
                      • The Product Management Process
                      • Tips for incorporating Product
                           Management in your company
                     • Practical
                      • Usability testing
Saturday, 16 February 13
Sim on
 Cast
                                     @simo ncast




Saturday, 16 February 13
Saturday, 16 February 13
Saturday, 16 February 13
Saturday, 16 February 13
Saturday, 16 February 13
Saturday, 16 February 13
Saturday, 16 February 13
What is
                      Product Management?


Saturday, 16 February 13
Saturday, 16 February 13
Customer




Saturday, 16 February 13
Customer             Technology




Saturday, 16 February 13
Customer                        Technology




                           Business
Saturday, 16 February 13
Customer                              Technology




                                       Product
 
                                      management
                           Business
Saturday, 16 February 13
“                  the role of a product
                           manager is to discover a
                           product that is valuable,
                           usable and feasible

                                               ”
Saturday, 16 February 13
“                  the role of a product
                           manager is to discover a
                           product that is valuable,
                           usable and feasible

                                                                            ”
                             Marty Cagan, Inspired: How To Create Products Customers Love
Saturday, 16 February 13
It all starts with a
                                Question!




Saturday, 16 February 13
It all starts with a
                                Question!

                              then
                            Validate!
Saturday, 16 February 13
The answer forms the
               basis of the product
                      vision

Saturday, 16 February 13
“                  Our job is to be stubborn
                           on vision, but flexible on
                           details.

                                  ”
Saturday, 16 February 13
“                  Our job is to be stubborn
                           on vision, but flexible on
                           details.

                                          ”
                             Marty Cagan, Inspired: How To Create Products Customers Love
Saturday, 16 February 13
Define a product vision




Saturday, 16 February 13
Define a product vision




Saturday, 16 February 13
Define a product vision       Figure out how to build it



                                                      x 12

                                  =              +


                                                     x1




Saturday, 16 February 13
Product Management
                                 Process


Saturday, 16 February 13
Saturday, 16 February 13
Growing




Saturday, 16 February 13
Growing



                           Prioritisation




Saturday, 16 February 13
Growing



                           Prioritisation


                           Delivery




Saturday, 16 February 13
Growing



                                       Prioritisation


                           Analytics   Delivery




Saturday, 16 February 13
Growing



                           Experiments    Prioritisation


                              Analytics   Delivery




Saturday, 16 February 13
Feedback    Growing



                           Experiments    Prioritisation


                              Analytics   Delivery




Saturday, 16 February 13
Growing




Saturday, 16 February 13
Growing

                     • Convert feedback, experimental results etc
                           into discrete changes




Saturday, 16 February 13
Growing

                     • Convert feedback, experimental results etc
                           into discrete changes
                     • Results in specs, user stories that can
                           prioritised




Saturday, 16 February 13
Prioritisation




Saturday, 16 February 13
Prioritisation


                     • What should be built when?




Saturday, 16 February 13
Prioritisation


                     • What should be built when?
                     • Inputs from experiments, business value
                           and vision




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Delivery



Saturday, 16 February 13
Analytics  Metrics



Saturday, 16 February 13
Saturday, 16 February 13
Measures the state of
                               the product



Saturday, 16 February 13
Saturday, 16 February 13
What you don’t
                           measure you can’t
                               improve



Saturday, 16 February 13
Segmentation




Saturday, 16 February 13
Funnels




Saturday, 16 February 13
Cohorts




Saturday, 16 February 13
Metrics




Saturday, 16 February 13
Metrics
                  Quantitative


                  Comparative


                  Actionable




Saturday, 16 February 13
Metrics
                  Quantitative   rather than Qualitative
                                 metrics over heuristics

                  Comparative    A/B testing
                                 compare against history

                  Actionable     don’t measure it unless
                                 you’re going to action it



Saturday, 16 February 13
Metrics




Saturday, 16 February 13
Metrics

                     • Conversion rate
                     • Percentage of returning visitors
                     • Daily visitors


Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Experimentation




Saturday, 16 February 13
Experimentation

                     • Apply scientific methods to product
                           development




Saturday, 16 February 13
Experimentation

                     • Apply scientific methods to product
                           development
                     • Test assumptions about product



Saturday, 16 February 13
Experimentation

                     • Apply scientific methods to product
                           development
                     • Test assumptions about product
                     • Test different variants to see what effects
                           KPIs



Saturday, 16 February 13
Cycle




Saturday, 16 February 13
Cycle




Saturday, 16 February 13
Saturday, 16 February 13
Question


                           How do we increase the conversation rate
                           on the landing page?




Saturday, 16 February 13
Hypothesis


                           IF the call to action button is red THEN
                           the number of people registering will
                           increase




Saturday, 16 February 13
Hypothesis


                           IF the call to action button is red THEN the
                           number of people registering will increase




Saturday, 16 February 13
Hypothesis


                           IF the call to action button is red THEN
                           the number of people registering will increase




Saturday, 16 February 13
Experiment




Saturday, 16 February 13
Experiment

                     • Need a control (current) and 1 or more
                           variants




Saturday, 16 February 13
Experiment

                     • Need a control (current) and 1 or more
                           variants
                     • Goal is the dependent variable of the
                           hypothesis




Saturday, 16 February 13
Experiment

                     • Need a control (current) and 1 or more
                           variants
                     • Goal is the dependent variable of the
                           hypothesis
                     • Types

Saturday, 16 February 13
Types




Saturday, 16 February 13
Types
                           A/B




Saturday, 16 February 13
Types
                           A/B

                                         Split URL




Saturday, 16 February 13
Types
                              A/B

                                                  Split URL



                           Multivariate




Saturday, 16 February 13
Running Experiment




Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results




Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results
                     • Segment the traffic




Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results
                     • Segment the traffic
                     • Traffic (random split to remove bias)



Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results
                     • Segment the traffic
                     • Traffic (random split to remove bias)
                     • How long to run?


Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results
                     • Segment the traffic
                     • Traffic (random split to remove bias)
                     • How long to run?
                     • Who to test?

Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results
                     • Segment the traffic
                     • Traffic (random split to remove bias)
                     • How long to run?
                     • Who to test?
                     • Test well - don’t take short cuts
Saturday, 16 February 13
Running Experiment
                     • Record the experiments  results
                     • Segment the traffic
                     • Traffic (random split to remove bias)
                     • How long to run?
                     • Who to test?
                     • Test well - don’t take short cuts
                     • Negative result
Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Caveat




Saturday, 16 February 13
Caveat




Saturday, 16 February 13
Usability testing




Saturday, 16 February 13
Usability testing


                     • How do people actually use the product




Saturday, 16 February 13
Usability testing


                     • How do people actually use the product
                     • Highlights major usability issues that would
                           otherwise remain hidden




Saturday, 16 February 13
Usability testing




Saturday, 16 February 13
Usability testing


                     • Ask users to answer a question, or



Saturday, 16 February 13
Usability testing


                     • Ask users to answer a question, or
                     • Ask users to complete an action


Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Tools




Saturday, 16 February 13
Insights



Saturday, 16 February 13
“               Fact : In the real world, most
                   companies do too much
                   development and spend too
                   much money too early

                                                   ”
                                          Fred Destin, Atlas Ventures
Saturday, 16 February 13
“   Most start ups fail because
                               they didn’t develop their
                               market - not because they


                                                                                         ”
                               didn’t develop their product




                                     Steve Blank, Author of Four Steps to the Epiphany
Saturday, 16 February 13
“              Products today – it’s not
                    some product manager that
                    has an epiphany. That’s not
                    how it works. Product,
                    design, engineering, [work]
                    side by side.

                                ”
Saturday, 16 February 13
“              Products today – it’s not
                    some product manager that
                    has an epiphany. That’s not
                    how it works. Product,
                    design, engineering, [work]
                    side by side.

                                           ”
                           Marty Cagan, Silicon Valley Product Group
Saturday, 16 February 13
“   We own the process.
                               The process doesn't own us.
                               We call it Agile Jazz.

                                                   ”
                           Tom Loosemore, Gov.uk
Saturday, 16 February 13
“       Don’t fail fast.

                                               learn
                                                fast
                                                       ”
                           Tom Chi, Google X
Saturday, 16 February 13
Keep learning




Saturday, 16 February 13
Saturday, 16 February 13

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Intro to product management workshop 2012