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Inspiring Roadmaps
20+ years in product development, Product Manager, Scrum
Master, Development Manager, Designer, VP, CPO, Coach &
Mentor, Founded 3 companies, Acquired (2x), Acquirer (2x),
Currently beta testing Reqqs, the smart roadmapping tool for
product people, sports car & craft beer enthusiast
Inspiring Roadmaps
A Roadmap Is a
Path to Your Goals
“Is this more important
than what’s already on the
roadmap?”
Roadmaps Inspire
  Buy-in from execs
  Confidence from salespeople
  Loyalty from customers
  Stick-to-itiveness & over-
delivery from your team
9 Steps to an
Inspiring Roadmap
1.  Vision

2.  Strategy

3.  Measureable Goals

4.  Relevant Ideas

5.  Objective Prioritization

6.  Shuttle Diplomacy

7.  Benefit-oriented Themes

8.  Appropriate Format & Cadence

9.  Punctuated Equilibrium
Flip Over Your
Business Card
Write 1-3 goals on the back
Hand it forward
(3 mins)
The leading supplier of
landscape equipment
and materials to
affluent Americans
Vision =
What we want to be
when we grow up
The go-to source for
tweens and teenage
girls around the world
for fun collectibles
Vision =
What we want to be
when we grow up
The #1 source of B2B
contact information
for marketers
Vision =
What we want to be
when we grow up
Strategy = How you will
achieve your vision
Leverage crowd-
sourcing to develop
the largest and most-
accurate B2B contact
database
The #1 source of B2B
contact information
for marketers
Setting Goals
Goals =
How we will
measure execution
of our strategy
The 9 Business Goals
Growth
  Grow market share
  Fulfill more demand
  Develop new markets
  Improve recurring
revenue
  Create competitive
barriers
Profit
  Support higher prices
  Lower COGS
  Lower lifecycle costs
  Leverage assets
Adapted from the PTC Value Roadmap
NetProspex Goals
The largest and most-accurate B2B contact database
  Fulfill more demand by growing the database by X%
  Create competitive barriers by raising accuracy by Y%
The #1 source of B2B contact information
  Grow revenue by Z% this year by fulfilling more demand
  Test potential new sources of future growth & profit by
leveraging existing assets
Review of Your
Goals
(10 mins)
Vision-Strategy-Goals
Worksheet
Gather with your table
Fill out a VSG Worksheet
for 1 product
(15 mins)
There will be a review!
Setting Priorities
“Startups that succeed are
those that manage to
iterate enough times
before running out of
resources.” – Eric Ries
Why Is Prioritization
Important?
Opportunity Cost
Bad Ways to Rank
Ideas
Your CEO’s gut
No longer in touch with
customers
Analyst opinions Mostly backward-looking
Popularity
Most of your customers are
small
Sales requests Change every week
Services requests Mostly incremental
Short-term revenue
New opportunities require
investment
Goals + Math = better
Value / Effort = Priority
Value / Effort = Priority
Value = Expected
Contribution to Defined
Goals
Contribution to
Goals
  Exact numbers
  1-10
  1-100
  Fibonacci
  1 to 5 stars
  0,1,2
Value / Effort = Priority
Effort = Work the
organization must do to
realize value
Estimating Effort
  DO NOT ask
Engineering for an
estimate
  Do it yourself
  NOT person-months
  NOT sprints
  0-5 scale
Feature

 G1

 G2

 E

 Raw

 C

 Score

A

 1

 1

 2

 1

 75%

 0.75

B

 1

 0

 2

 0.5

 90%

 0.45

C

 2

 -1

 1

 1

 40%

 0.4

(G1+G2)/E x C = Score

(G1+G2)/E = Raw
Reasons to Take
Things Out of Priority
  Commitments
  Dependencies
  Synergies
  Specialized resources
  More information needed
  Themes
Themes
“A group of features tied
together by a simple, clear
benefit, usually to the
customer”
Bruce McCarthy
Themes Are Vague
  High-level, few words
  Make the benefit obvious
  Many details rolled up
  Cut features & still declare victory!
Cutting a
theme
needs an
explanation
Theme Formula
Problem + Ideas =
Expected Benefit
Example
PROBLEM: Users abandon their carts too
often because checkout is too difficult
1.  Consolidate steps
2.  Save payment info
3.  Pre-load pages
4.  Add guest checkout
BENEFIT: “Faster Checkout” saves you time
Inspiring Roadmaps
H1‘14

 H2’14

 2015

 2016

Benefit A

Likely Feature 1

Likely Feature 2

Likely Feature 3

Benefit B

 Benefit D

Benefit E,
Phase II

Benefit C

Benefit E,
Phase I

Benefit F

Weaselly Safe Harbor Statement

Product X is focused on solving
problem Y best for market Z
H1‘14

 H2’14

 2015

 2016

Indestruct-
ible hose

20’ length

Easy connections

No-kink armor

Delicate
Flower
Management

Putting Green
Evenness for
Lawns

Infinite
Extensibility

Severe
Weather
Handling

Extended
Reach

Permanent
Installations

Weaselly Safe Harbor Statement

The Wombat Garden Hose is focused
on perfecting the landscapes of
affluent Americans
Roadmap
Worksheet
Gather with your table again
Fill out the Roadmap Worksheet
for your chosen product
(15 mins)
I Help Product People
Team coaching via UpUp Labs
Tools: Reqqs - the smart
roadmap tool for product
people
Blog: ProductPowers.com
Twitter: @d8a_driven
Email: bruce@reqqs.com
Want to chat? sohelpful.me/
brucemccarthy
Excel Scorecard Template:
ProductPowers.com/
utility_belt

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Roadmapping workshop - Bruce McCarthy

  • 2. 20+ years in product development, Product Manager, Scrum Master, Development Manager, Designer, VP, CPO, Coach & Mentor, Founded 3 companies, Acquired (2x), Acquirer (2x), Currently beta testing Reqqs, the smart roadmapping tool for product people, sports car & craft beer enthusiast
  • 3.
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  • 13. A Roadmap Is a Path to Your Goals
  • 14. “Is this more important than what’s already on the roadmap?”
  • 15. Roadmaps Inspire   Buy-in from execs   Confidence from salespeople   Loyalty from customers   Stick-to-itiveness & over- delivery from your team
  • 16. 9 Steps to an Inspiring Roadmap 1.  Vision 2.  Strategy 3.  Measureable Goals 4.  Relevant Ideas 5.  Objective Prioritization 6.  Shuttle Diplomacy 7.  Benefit-oriented Themes 8.  Appropriate Format & Cadence 9.  Punctuated Equilibrium
  • 17. Flip Over Your Business Card Write 1-3 goals on the back Hand it forward (3 mins)
  • 18.
  • 19. The leading supplier of landscape equipment and materials to affluent Americans Vision = What we want to be when we grow up
  • 20. The go-to source for tweens and teenage girls around the world for fun collectibles Vision = What we want to be when we grow up
  • 21. The #1 source of B2B contact information for marketers Vision = What we want to be when we grow up
  • 22.
  • 23. Strategy = How you will achieve your vision Leverage crowd- sourcing to develop the largest and most- accurate B2B contact database The #1 source of B2B contact information for marketers
  • 25. Goals = How we will measure execution of our strategy
  • 26. The 9 Business Goals Growth   Grow market share   Fulfill more demand   Develop new markets   Improve recurring revenue   Create competitive barriers Profit   Support higher prices   Lower COGS   Lower lifecycle costs   Leverage assets Adapted from the PTC Value Roadmap
  • 27. NetProspex Goals The largest and most-accurate B2B contact database   Fulfill more demand by growing the database by X%   Create competitive barriers by raising accuracy by Y% The #1 source of B2B contact information   Grow revenue by Z% this year by fulfilling more demand   Test potential new sources of future growth & profit by leveraging existing assets
  • 29. Vision-Strategy-Goals Worksheet Gather with your table Fill out a VSG Worksheet for 1 product (15 mins) There will be a review!
  • 31. “Startups that succeed are those that manage to iterate enough times before running out of resources.” – Eric Ries
  • 33. Bad Ways to Rank Ideas Your CEO’s gut No longer in touch with customers Analyst opinions Mostly backward-looking Popularity Most of your customers are small Sales requests Change every week Services requests Mostly incremental Short-term revenue New opportunities require investment
  • 34. Goals + Math = better
  • 35. Value / Effort = Priority
  • 36. Value / Effort = Priority Value = Expected Contribution to Defined Goals
  • 37. Contribution to Goals   Exact numbers   1-10   1-100   Fibonacci   1 to 5 stars   0,1,2
  • 38. Value / Effort = Priority Effort = Work the organization must do to realize value
  • 39. Estimating Effort   DO NOT ask Engineering for an estimate   Do it yourself   NOT person-months   NOT sprints   0-5 scale
  • 40. Feature G1 G2 E Raw C Score A 1 1 2 1 75% 0.75 B 1 0 2 0.5 90% 0.45 C 2 -1 1 1 40% 0.4 (G1+G2)/E x C = Score (G1+G2)/E = Raw
  • 41.
  • 42. Reasons to Take Things Out of Priority   Commitments   Dependencies   Synergies   Specialized resources   More information needed   Themes
  • 43. Themes “A group of features tied together by a simple, clear benefit, usually to the customer” Bruce McCarthy
  • 44. Themes Are Vague   High-level, few words   Make the benefit obvious   Many details rolled up   Cut features & still declare victory!
  • 46. Theme Formula Problem + Ideas = Expected Benefit
  • 47. Example PROBLEM: Users abandon their carts too often because checkout is too difficult 1.  Consolidate steps 2.  Save payment info 3.  Pre-load pages 4.  Add guest checkout BENEFIT: “Faster Checkout” saves you time
  • 49. H1‘14 H2’14 2015 2016 Benefit A Likely Feature 1 Likely Feature 2 Likely Feature 3 Benefit B Benefit D Benefit E, Phase II Benefit C Benefit E, Phase I Benefit F Weaselly Safe Harbor Statement Product X is focused on solving problem Y best for market Z
  • 50. H1‘14 H2’14 2015 2016 Indestruct- ible hose 20’ length Easy connections No-kink armor Delicate Flower Management Putting Green Evenness for Lawns Infinite Extensibility Severe Weather Handling Extended Reach Permanent Installations Weaselly Safe Harbor Statement The Wombat Garden Hose is focused on perfecting the landscapes of affluent Americans
  • 51. Roadmap Worksheet Gather with your table again Fill out the Roadmap Worksheet for your chosen product (15 mins)
  • 52. I Help Product People Team coaching via UpUp Labs Tools: Reqqs - the smart roadmap tool for product people Blog: ProductPowers.com Twitter: @d8a_driven Email: bruce@reqqs.com Want to chat? sohelpful.me/ brucemccarthy Excel Scorecard Template: ProductPowers.com/ utility_belt