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By Chad McAllister

Innovate like a startup–and other innovation observations for product managers May 11, 2018

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Each week I scour articles, wading through the dogs, and bringing you the best insights to help product managers and innovators be heroes.

Product Manager and Innovator - Weekly Roundup May 11For larger organizations to create products like a startup, create a Growth Board.

Just about every CEO recognizes that innovation and product management is central to organizational success. The dilemma is that as organizations grow, innovation generally slows. To address this, organizational leaders seek to “act like a startup” but how do they really accomplish this? A Growth Board may be the answer. This is a group of senior executives that act like internal VCs, deciding which new products to fund and which to kill. Read about creating a Growth Board from HBR… https://hbr.org/2018/05/to-innovate-like-a-startup-make-decisions-like-vcs-do

Learn to tell the story of your product and know who the hero is.

I hear too many descriptions of products that had nothing to do with the customer. If the customer is not the hero of your product, you don’t have the story right. Read one example at https://www.mmomastermind.com/my-company-realized-we-had-no-idea-how-to-explain-our-product-so-we-learned-to-tell-a-story/

What it takes to be a great product manager.

PdMs need knowledge and skill in the areas of strategy, management, and leadership. The characteristics of intellectual curiosity, divergent thinking, and asking for forgiveness over permission are useful. Read more details at https://www.appcues.com/blog/great-product-manager


Product Manager InterviewNew Podcast Episode for Product Managers & Innovators: Building B2B products – with Blair Reeves & Benjamin Gaines

Weekly interviews to increase your confidence, influence, and success. Avoid failures and create products customers love. Interviews for Product Managers and Innovators.

 


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Filed Under: Weekly Roundup

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We help product managers become product masters - influential drivers of product strategy - so they can consistently create products customers love without getting overwhelmed putting out fires. Learn about it in the Product Mastery Roadmap.

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Chad McAllister - Product Management and Innovation TrainingThe primary responsibilities for an organization are product management and innovation. They deliver value to customers. They're also exciting responsibilities for those properly equipped. That is my job - equipping product managers and innovators.
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