Posting as :
works at
You are currently posting as works at

So you didn't take away much lol

funny

???

like

1/ The building trap is when organizations become stuck measuring their success by outputs rather than outcomes.
2/ When in a building trap, an organization becomes overwhelmed with feature requests and unable to keep up with the demand. Most importantly, the features that get shipped do not create value for the customers, and the overall business stalls or declines.
3/ Organizations get drawn into the habit of focusing on the output(release x by y date), delivering features without knowing whether it is making an impact.
4/ On one side, customers have problems, wants, and needs. On the other side are businesses that create products or services to resolve those problems and fulfill those wants and needs
5/ The purpose of a business is to create products or services that result in the outcome expected by both the customer and the business. The customer wants the product to address their problems, wants, and needs. The businesses, in turn, want to reach the business goals. The business goal can be anything like increasing revenue, compliance, scalability, and others…
6/ Companies end up in the build trap when they misunderstand value. The product should address both the intended customer outcome and the business outcome. A product feature needs to add value to both parties.
7/ Building a feature that does not result in the intended outcome for both the customer and the business is a lost opportunity cost. A product or service by itself does not have any value if it does not produce the intended outcomes
8/ Every company is constrained by capital, resources, time, and others. Given these constraints, the right value-adding product needs to be built. Finding the right opportunities and deciding how to address the need is the essence of product management.
9/ Product-led companies prioritize initiatives that are are aligned to produce the desired outcomes. The primary focus is on outcomes, not outputs.
10/ Product development is full of uncertainty. A good product manager reduces the uncertainty of product success by discovering real customer and business value and by prioritizing work against clear outcome-oriented goals.

like

Just started reading this book.

like

Related Posts

What ICOs are you guys looking into? Hoping to research some

like
like

Time taken to become a partner in any of Big 4's?

As per my knowledge in EY it is 15 to 20 YOE

How long do you think this M&A slowdown will last?

like

What is the courtesy of withdrawing an offer you already accepted?

Can anyone please share the experience to allocate the project after joining. Experience in Java backend. Is there any tips to allocate project before joining or after joining. Thank you. @

like

Hello!
My wife is on STEM-OPT and her 90 days of unemployment is coming to an end. She graduated from NYU and is looking for roles associate with financial analyst. She did her certification like Bloomberg Market Concept and Financial Modeling.
Can anyone kindly refer her to any bank where there is work related to investment banking or as financial analyst?
Thank you!

Any idea about salary range for UI/angular developer with 4+ years of experience?

like
like

Happy Halloween! Who says Financial Professionals are not creative? Share what you dressed up as for work today?

like

Hey can someone refer me for a project manager role

Hi There, I am a finance and analytics professional with ~7 years of experience in domains like FP&A, OTC, Process transformation and Healthcare analytics. I have hands on experience on Google tools like spreadsheets, Google data studio and other internal tools. Have also worked on multiple Google projects with the PPG team in Google US.

It would be super helpful if somebody from Google can refer me. Please comment below if somebody can and I'll add them over LinkedIn and share the details.

like

Finally a bowl for Star Trek nerds like me!

likeuplifting

Looking for second hand scoty . Dont want to buy from dealer if anyone introduced to sell their scoty DM me . Budget is 20 to 30 k

like

Which food delivery service is best for restaurant owners on the east coast and why?

like

How would you sell ETFs in retirement since there is no average cost option for etfs?

like

I have my first solo hearing in front of opposing counsel and the Judge, were asking for a fee multiplier on a contingency case. This is in Florida BTW. Any tips or advice for my first hearing will be greatly appreciated.

like
like

Is it right time to join adp on Feb 2023, by leaving current company.

like

Additional Posts in Aspiring Product Managers

Thanks for creating this Bowl. Anyone here transitioned from cost engineering into PM? I’m working a internal consulting type of cost engineer role and is seems like a good position to gain skills in that could apply to becoming a PM in the future. I have also worked in design engineering and engineering analysis roles. Have a BS in mechanical engineering and a MS in Data Analytics Engineering.

like

Hey all,
Im looking to pivot my career from industrial design to product design or product management.
At the moment i manage a team of 5 industrial designers for b2b sustainable fashion and retail interiors. The methodologies and processes are quite similar between physical and digital design so i feel i should not start from a junior position, however my portfolio contains only physical. Did anybody else make a similar career switch? Any advice for switching to product is welcome. Thanks!

like

I have been in Product Management even before the term Product Management was so prevalent. I have initiated ideas for new products to align with company strategy and goals, designed and managed the development of the products, and enabled delivery of product to the market. Since most of these are B2B products, delivery would include a phased-production rollout to those customers, based on their roles, locations etc. I have developed both software and data products in the healthcare and social

like

Hi all! I have a data science/financial modelling background and looking to get into PM. Trying to map out a path as I don’t have much product experience. Would it make sense to transition into a product analytics data science role first and then to PM?

Hello,
Any advice for someone who wants to break into product management?
Context, i have 10+ years in advertising experience, and founded a startup in 2020 (with a Sr Developer as cofounder) but had to drop the startup for personal reasons (moving to another country) and i really liked building a product and getting technical.
So any advice would help.

like

Thanks a ton for creating this group. I am personally embarking on a 2 year roadmap plan to exit out of mgmt. consulting and pivot to product management.

like

Would you consider hello fresh as a tech company? Trying to break into tech and wondering if a position at hello fresh can get me there if it’s more of a product role?

like

Any advice for someone looking to transition from Project Management?

like

UK Only please.

Digital Consultant to Tech Company (e.g. FAANG PM, Palantir Deployment, Databricks Solution Architect). What would you use to determine your total comp package?

At the moment, I just take the average TC i'd expect over the next 3 years at my consulting firm (EM levels)

like

No one answers anything in the bowl lol. this would be a good interview topic for Fishbowls PM roles. How would you drive engagement in the PM bowl? 😂

like

I am considering pivoting to product management. My background is in engineering and I manage engineering teams. Would I be able to clear 150k?

like

Do all PM interviews have case study and strategy questions? Have you had an interview where you weren’t presented with them? I have two panel interviews with the same company coming up and was just curious!

like

Has anyone been able to apply to the Lyft APM program? Can’t find the application link despite the website saying it’s live.

like

Does anyone recommend doing any courses or degrees on product management? I am a functional consultant and I don’t have experience in PM. However I know I don’t want to stay in consulting in the long run given the long hours, and how sales play a big role
Anyone who switched to Product management please recommend some good resources, pros and cons. TIA 🙏

like

Are there any courses you’d recommend that look good on a PM resume?

like

So I recently interviewed for an associate PM role with my current company. I’ve been a store manager with them for 11 years. During the interviews, I felt like things were growing great and the feedback I got at the end was great. You’d think given my time knowing the product/ company for so long, that I’d be a great fit but I got rejected and haven’t gotten feedback probably will get ghosted. Should I shoot my shot and advocate for myself with the hiring manager either way?

like

Hello!
I’ve been working as a RPA developer for 4 years. I joined a program that trained me in this role as a opportunity to start a career when my initial plan fell through. I’ve don’t pretty good so far…given multiple roles, pay increases etc. Honestly I don’t enjoy my job anymore and would like to make a change. I want to transition to a tech Product Owner/Manager role. Any advice on how to transition ?

like

Best ways to improve leadership skills? Trying to build up the skill set for a PM role and I have next to no manager/leadership experience. What are the do's and don'ts of leading a product team, (or any team) and the traits you'd most want to see or have as a leader?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal