The Product Manager’s Guide to Prioritization
In product management, prioritization isn't just a best practice, it’s a necessity. With limited engineering resources, tight timelines, and fierce competition, deciding what to build next is a high-stakes game. Every hour spent on one feature is an hour not spent on another, and the opportunity cost of building the wrong thing can be crippling. It’s not just about delivering features; it’s about making the bold, strategic moves that will shape your product’s future and determine your company’s success. Prioritization helps you navigate these constraints by focusing on the features that deliver the most value, ensuring that every decision drives impact, aligns with business goals, and keeps you ahead of the competition.
How to Create a Product Roadmap
Start by anchoring your roadmap in a clear product vision. Define the long-term impact your product aims to achieve. Without this north star, the roadmap can become just another list that lacks cohesion. The vision acts as a filter for evaluating any feature or initiative's relevance.
Convolution / Evolution
The problem with unchecked and unintentional complexity is that it gradually narrows the 'solution space' — the range of future improvements, adjustments, or innovations that can be realistically pursued. Picture the solution space as a playground where designers and developers have room to explore new ideas and tackle emerging challenges. As complexity accumulates without careful management, walls begin to form in this playground, limiting the freedom to experiment and improve. Changes become riskier, and small tweaks can lead to a cascade of unintended consequences. The more convoluted the system, the fewer opportunities there are to introduce meaningful, impactful updates without further complicating the product or alienating users.
Innovating in a Loss Averse Environment
In my path to product management, I've been shaped by both luck and a diverse background in computer science, economics, and data analysis. Flexibility has been key as I’ve navigated various industries, from e-Commerce to FinTech to InsurTech. In highly regulated sectors, the challenge lies in balancing innovation with compliance, anticipating regulatory changes, and managing risks. I’ve learned that well-rounded skills and strong collaboration are essential to managing complexity and adapting effectively, especially when working within strict regulations while still driving meaningful product development.
No, ChatGPT is not taking your PM job.
Are LLMs coming for your job as a Product Manager? Not so fast. While tools like ChatGPT are powerful, they still fall short of replacing the creative and logical reasoning that PMs bring to the table. In this post I explore four critical blockers that will keep PMs indispensable in the evolving tech landscape.
From Physics to Product: The Importance of First Principles
How many of us have joined a new company and proposed a promising solution to a problem only to have it rejected with “we tried that n years ago and it didn’t work”? Or conversely, had a new executive join your company and repeat “here’s how we did things at my last company” ad nauseum? (I may or may not have been guilty of the latter in the past.) These are telltale signs of a surface level understanding. As Product Managers, and particularly as executives, we must be able to evaluate and convey the validity of ideas from first principles if we hope to maintain success across companies and over time.