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Mind the Product

mission statement

Deep dive: Crafting your product vision and mission

Podcast

Connecting fans to creators at Spotify (Dariusz Dziuk, Product Lead, Spotify)

B2B product management

Artificial Intelligence (AI) & Machine Learning (ML)

Building Product Teams

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Data Driven Product Management

Digital Transformation

Diversity and Inclusion

Minimum Viable Product

OKRs

Prioritisation

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How Google makes AI work at Enterprise scale – Miku Jha (Director, AI/ML and Generative AI, Google Cloud)

5 ways to invent and simplify as an AI/ML product manager

Why teams often struggle with OKRs: A conversation with Jeff Gothelf

Building your own user experience and software stack: This week’s product news

Andres is a freelance writer and digital marketer with a background in engineering and a keen interest in the latest technology advancements. He currently helps tech companies and startups tell their stories by turning their complex ideas into easy to understand material. You can reach out to him on LinkedIn

Andres Phillips

<p>In this <a href="https://www.mindtheproduct.com/producttank-about/content/" target="_blank" rel="noopener">ProductTank</a> Waterloo talk, Etienne Garbugli, Author of Lean B2B and Solving Product, dives into the challenges that need to be overcome to deliver product value. Watch the video to see his talk in full, or read on for an overview of his key points:</p>
<ul>
<li>The challenge(s) with delivering product value</li>
<li>Finding the core value</li>
<li>Delivering value</li>
</ul>
<h2>The challenge(s) with delivering product value</h2>
<p>Most successful products start as either a simple use case or a single feature. The idea of what makes a better product is pretty straightforward. For example, with a knife, the goal might be to make the blade sharper. However, as success happens, there’s more growth and demand, more people get involved, and when you want to make a product better, you’re trying to create something that caters to the largest market possible. This makes it challenging to deliver value to the general audience, and you might end up creating something not very compelling.</p>
<p>Suddenly the product becomes multiple things to multiple types of people, yet customers still have the same expectations from the original product iteration. At this point, the product becomes too generic and focused on too many use cases rather than being specific. The product becomes bigger, but bigger doesn’t equal better.</p>
<h2>Finding the core value</h2>
<p>Unless you only have a very few customers, different types of users will find value in your product. There will be users in market you target with the value you think you deliver and people from adjacent markets who consider your product valuable for their use case. There will also be people seeking different value who have discovered your product and think it could meet their needs.</p>
<p>The people you intend to target won’t always perform best with your product. It’s important to identify several potential use cases for your product as it can unlock your focus and help you plan for opportunities.</p>
<h2>Delivering value</h2>
<p>In order for something to be considered a value add, it must be related, truly additive, achievable, and not overserved. To deliver value you need to:</p>
<ul>
<li>Lock in the core value of your product</li>
<li>Disregard inputs from users that don’t want that value</li>
<li>Assess the implications and potential of being better along those dimensions</li>
<li>Reinforce core value drivers</li>
<li>Reduce friction and expand into related use cases</li>
</ul>
<p>You also need to keep in mind that half your product ideas might not work, and it takes several iterations to implement the idea to the point where it delivers the expected value.</p>
<p>The key takeaways from this talk are that the need for growth drives complexity in products. A product’s core value is the value that helps build the right business and can act as a filter to grow product value. Delivering value is a long grind taking many iterations.</p>
<h2>Enjoy more ProductTank content</h2>
<p><a href="https://www.mindtheproduct.com/producttank-about/content/" target="_blank" rel="noopener">ProductTanks</a> are informal meetups, created by Mind the Product, to bring local product people together and to enable speakers to share amazing product insights. Today we have ProductTanks in more than 200 cities across the globe and there’s probably one near you.</p>
<p><a href="https://www.mindtheproduct.com/producttank-about/content/" target="_blank" rel="noopener">Learn more about ProductTank</a> – find your local meetup, explore more ProductTank content, see the latest ProductTank news, and discover ways to get involved!</p>

core/freeform

What good product design looks like – Miguel Fernandez (VP of Product Design, Slack)

10x Product X Design: Product and research team collaboration by Jane Austin

Learnings from London: What is it like to hold Google in your hand?

Learnings from London: How to build a billion dollar app

Product Systems: How to manufacture lightning in a bottle by Oji Udezue

Product management meets UX design by Tanmay Goel, Emi Kwon, Simran Kaur

Designing a sustainable future by Leyla Acaroglu

Making Hard Product Decisions for All the Right Reasons

Product Vision 2020

The Importance of Empathy, By Jack Sheppard

Product value: what it is and how to deliver more of it by Etienne Garbugli

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Product value: what it is and how to deliver more of it by Etienne Garbugli

Andres Phillips

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