The Art of Product Management: Lessons from a Silicon Valley Innovator
N**R
the Art of Product Management: What I learnt and What I could have
I just finished reading The Art of product management by Rich Mironov. In this review I will talk about the what I learnt from my reading and where I think the book can be improved.The book does a great job of identifying the key roles and responsibilities of a Product Manager in a start-up. I particularly enjoyed how he stressed the importance of decision making as a critical aspect of product management. I have captured a couple of "clippings" from his book: - Much of product management is about trying to understand customers: what they want, what they say they want, and what they really need. - Ideally, you want your PM to be both right and decisive. It may take years to find out if a decision was right, but indecisiveness can freeze up an entire organization. A great PM recognizes the important few decisions worthy of serious analysis - and plows through the rest. - David Thompson, a manager of mine at iPass, taught me that executives are paid to make decisions: a productive day must include least one decision. Meetings, emails, discussions, forecast reviews and brainstorming are secondary to making decisions that drive action. It's easy to be distracted by the minutiae of business, or by analysis paralysis. - So, we've defined the ideal PM: an experienced, decisive driver who understands the customer enough to make complex trade-offs.The second aspect of the book I liked was tips that Rich provides for day to day Product management tasks. Its a very handy checklist to ahve in your reportaire as you tackle the problems on a daily basis. I have captured a few below: - Customer facing vs. Internal roadmaps: I'd consider two or three distinct (and distinctly named) documents: a public roadmap for use with press, analysts and prospects; a Key Customer roadmap, used strictly under NDA when Product Management is present; and a Development calendar for staffing, planning and executive buy-in. Getting agreement and maintaining these is hard work. - Marketecture. Savvy product marketers can always describe their solution as a better fit with standards, upcoming technologies, industry leaders and the customer's own roadmap. Somehow, you are positioned as narrow and inflexible: a one-product company who arrived too early to see the important trends. - "whole B-O-M": Let's talk about how a "Whole Product Bill of Materials" can save both you and your customers a lot of grief. The hardware world has always known about Bills of Materials, also called B-O-Ms (pronounced "bombs"). GM and Honda have armies of BOM specialists who can recite the parts inventory for a transmission plus every supplier's production lead time. Among free-spirited software start-ups, there's usually a good list of the key software modules that have to be written. (Larry works on the installer, Sarah has database access, Vijay owns the user interface...) However, many of the essential parts of a software product are not software. Seemingly little things like toll-free support numbers and upgrade paths are often neglected, but are critical to customer success. A complete Marketing Requirements Document should have a Bill of Materials but usually doesn't.Another aspect of the book that I really liked is the fact that Rich is able to capture so many different facets of product management into such a short book. I am a product manager in a start-up (well I work for a large Silicon Valley giant, however, our group functions like a start up) and could relate to each and every chapter. This book gave me a framework in which to analyze all my efforts over the past two years- including what was doing well and areas where i could improve. Here are a few "clippings" of sections i thought were useful for any product manager (its not rocket science and most of us already know this stuff): - Processes are not naturally good or bad. It's all about results, effectiveness and motivating the right behaviors. Especially at a startup, initiative and insight need breathing room as well as rigor."Insider thinking": Stuck at headquarters, it's easy to forget customer realities and needs. Great PMs know that internal goals and criteria are only one part of a successful product. Frequent escapes to talk with live customers are essential to remind us of what's important. - Trying to find beta customers- read this FIRST: In theory, we all love beta testing. In practice, loyal customers are joined by a few panicked prospects in a rush to general release. This generates scant feedback and minimal revenue. If you want useful results, plan a long beta phase for friendly customers followed by a short, post-QA cycle for urgent - The beast called pricing: Out in the field, where sales teams wrestle to bring in your paycheck, pricing should never be the focus of a sales call. You want your reps to spend prospects' precious time on benefits, solution selling, and creative problem-solving. As soon as pricing becomes the focus, the sales team loses their ability to sell value.However, one of the key shortcomings of the book is the lack of depth (the author chose to cover a large set of topics instead of diving deep on a few). In my opinion, each chapter of the book could be followed by an optional section either a list of further readings or appendix with a detailed (real or fictitious)example. This would have enabled better understanding as well as more actionable next steps.All in all, its a good read for any start up product manager- won't tell you anything new, but will give you a nice framework to assess yourself as a product manager and tips on how to improve. I would not recommend to someone without any product management experience as they would sturggle to appreciate the naunces of the job due to lack of details in the book. Similarly the book is not very useful for very experienced product managers who have been there done that. Ideal spot would be for young product managers with a couple of products under their belt.Hope you found this review useful.
L**S
Not a book, but a blog posts collection. Good content though.
The book is actually a collection of blog posts. This gives an appropriate impression - a number of loosely collected essays, not a real book in sense that Charles Petzold defines the real book: "the type that have traditionally been read sequentially in stretches of an hour or multiple hours without frequent interruptions" [...]. This kind of book implies that "the author has spent a lot of time arranging the material in the book into a coherent progression and logic",which is not exactly the case here.Some blog posts, included into the book, are pretty outdated, like articles from 2002 (in the SaaS part) - this is usually the case with books, compiled out of blogs. Problem is that blog is inherently a diary-like thing, so some posts are older then the others. And publisher require certain amount of pages ...Some important items (like project management or requirements management systems) are missing in the relevant sections. This is another problem with books, derived from blogs: blog posts are usually written 'under influence' of the moment, so we tend to talk about things that are important to us today, not about all impotant things.When you forget that this collection of essays takes the 'form' of the book, everything else is actully pretty fine. Essays are organized by topic and are pretty much independent of each other.Interesting moments (extremely subjective): -pretty good generic discussion of the place of product manager in the organization and "owning the gaps" -nice argument about the balancing position of the product manager between engineering and sales -good explanation of the differences between various roadmaps for various audiences -book emphasizes the importance of what I call "necessary amount of beuracracy" or what the author calls "defensive processes"BOTTOM LINE: A fair collection of essays. Probably nothing new for a veteran product manager. Maybe used, but not really, for a complete rookie,simply because of the fact that it's not a book, hence lack of coherence and flow. Definitely useful reading for a mid-start product manager.[...]
S**S
Clean, Sharp, and Focused Look at Many of The Facets of Product Management
' The Art of Product Management: Lessons from a Silicon Valley Innovator ' is an impressive collection of stories, vignettes, and personal experiences about the job, vision, and ultimate goals of being a Product Manager. The author has a number of pieces written over the course of over a decade, and loosely assembled them into a topic-oriented structure. While this may seem haphazard and not helpful in terms of instruction, I found that the format, and most importantly the content, of this book was incredibly helpful and instructive as to the lifestyle and mental makeup it requires to be a Product Manager. The title of this book is prophetic, as the author does not deal with step by step processes so much as describing various situations that arise, and the mindset that is required to properly, and productively deal with them. This is far more Art than Science, though by the end of the book, you will feel you know more about being a Product Manager than any textbook or formulaic plan could ever give you. I recommend this book to anyone interested in Product Management, both novice and expert, without hesitation.Colm Shalvey
L**K
Random musings
This isn't a book about product management. Rather it's a collection of short blog posts on startups, products and agile. There are some interesting nuggets in there but the book lacks any clear structure. One to dip into, but not a place to start if you are looking for information on product management.
Y**G
Loosely structured
While the book does give you useful tips about product management, it lacks a good overview and a structure to thoroughly describe product management. It is just a collection of author's blog posts without proper editing to make it a good book. So instead of having a logical flow of chapters and sections, articles in this book are just all over the place. Also the wording and the language used in the book seem very strange. It seems that the author is "trying hard" to appear to have very good writing skills but actually make some sentences and paragraphs very hard to understand. In other words, it lacks clarity which a book like this should have. Not recommended for serious readers.
P**R
Ein gelungenes Buch, wertvolle Inputs, streckenweise outdated
Meine Hoffnung an das Buch: Als jemand mit Engineering-Background, der sich Richtung Produkt-Verantwortung entwickelt, erhoffte ich vom Buch zu verstehen, "wie ein Product-Guy" denkt, was die Werkzeuge und die täglichen Herausforderungen sind. Dies deckt das Buch gut ab, ist daher ein gute Primer.Das Buch ist relativ kurz, als langsamer Leser hatte ich es in 3 Tagen gelesen. Es besteht aus einem "Best Of" von Rich Mironovs Blog "Product Bytes".- Teil 1: "Falling in Love" (IMO der beste Teil des Buchs) beschreibt, wie ein "Product Guy" tickt und hilft zu verstehen, wann man "in product mode" ist und wann nicht- Teil 2 "Organizing Your Organization" geht um organisatorische Herausforderungen (ebenfalls relevant)- Teil 3a geht um Agile (Scrum) und die verschiedenen Produkt-Rollen darin (überraschend: es gibt nicht nur Product Owner sondern braucht auch Leute darum herum). Da ich ca. 10 Jahre Erfahrung mit Scrum habe, war davon vieles überflüssig.- Teil 3b geht um Software as a Service und geht vom Switch von CDROM basierten Software-Rollouts zu Service-Providern (auf eigenen Servern). Dieser Teil ist zu 90% überholt und kann mit gutem Gewissen übersprungen werden- Teil 4 "Getting into Customers' Head" geht darum, den Kunden zu verstehen um das Produkt/Prizing initial richtig zu platzieren und dann auch iterativ der Entwicklung die richtige Inputs zu liefern (zweitbester Teil des Buchs)- Teil 5 geht um Prizing. 50% davon sehr relevant (wie kriegt man Prizing hin das fair klingt und der Käufer in seiner Firma argumentieren kann), 50% davon outdated weil zehn Jahre alt (laminierte Preislisten).
P**R
Very old 2005 version with little insight
Totally avoidable for any expectation of 2020 digital product management knowledge. Also price of 600+ is too steep even for a leisure read. I got its name from top reads for pm from producthunt. Anyways, my reco is to stay away.
J**A
Fabuloso
Al grano. Merece la pena cada capítulo. Fácil y entretenido de leer. Rich Mironov sabe condensar la esencia del product management muy bien.
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