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Leveraging Your Organization for Best Product
Decisions
Rene Kolga Hannah Flynn
With: Moderated by:
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Empowering Product Teams
Webinar Series
Revulytics gives any software producers deep and actionable insight into
who is using their software products and how they are being used, and the
out-of-box analytics that enable them to grow incremental revenue, convert
and retain customers, and make decisions about licensing and cloud
transformation strategies.
Empowering Product Teams
Webinar Series
Click on the Questions panel to
interact with the presenters
www.productmanagementtoday.com/webinar-series/empowering-product-teams
About Rene Kolga
Rene Kolga has 15 years of product management experience in the B2B space, with ownership over 40 enterprise
products and annual revenue up to $300m. He run Product teams at multiple Fortune 500 companies and Silicon
Valley startups, including Symantec, Citrix, Altiris, ThinAir and Nyotron. Prior to his PM career, Rene led global QA
and Support teams. Rene earned his Computer Science degree from Tallinn University of Technology and
received an MBA from University of Utah. Rene frequently writes and speaks on cybersecurity and product
management topics.
About Hannah Flynn
Hannah went to The University of Chicago, where she majored in Environmental Studies with a concentration in
Economics and Policy. She now works with Aggregage on social media strategy and webinar production for Product
Management Today and B2B Marketing Zone.
Empowering Product Teams
Webinar Series
5
Empowering Product Teams
Webinar Series
POLL
6
Empowering Product Teams
Webinar Series
Agenda
• What is data?
• PM decision making
• Sources of data
• 10 internal teams to leverage
• Wrap-up
7
Empowering Product Teams
Webinar Series
What Is Data?
Data / Information != Knowledge
Data (definition):
• Factual information (such as measurements or
statistics) used as a basis for reasoning,
discussion, or calculation.
• Information … that includes both useful and
irrelevant or redundant information and must be
processed to be meaningful
8
Empowering Product Teams
Webinar Series
Reliance on Data
Data != Future
• Data [models], by their nature, are based on the past,
and on the assumption that patterns will repeat.
• Big data processes codify the past. They do not
invent the future.
9
Empowering Product Teams
Webinar Series
PM Decision Making
Awesome product decisions
Intuition/experience
Qualitative data
Quantitative data
10
Empowering Product Teams
Webinar Series
Sources of Data Internal:
• Product analytics/telemetry
• Marketing
• Sales
• Sales Engineering (SE)
• Technical Support
• Customer Success
• QA
• Engineering
• Finance
• Legal
• Execs
External:
• Customers
• Competitors
• Analysts
Our focus today
11
Empowering Product Teams
Webinar Series
Marketing
What can we learn from Marketing?
• Market trends
• Competitors’ moves
• What resonates and what doesn’t
(messaging)?
Source:
• Meetings
• Analyst reports
• Online stats
Frequency:
• Weekly
12
Empowering Product Teams
Webinar Series
Sales
What can we learn from Sales?
• What prospects are asking for*
• Pricing
• Customer profile(s)
Source:
• Win-loss reports
• Ride-alongs
Frequency:
• Bi-weekly
• Ad hoc * Thread carefully
13
Empowering Product Teams
Webinar Series
Sales Engineering
What can we learn from SEs?
• Feature gaps
• Product rough spots (e.g. POC killers)
Source:
• POC notes
• Ride-alongs (on-site)
Frequency:
• Bi-weekly
14
Empowering Product Teams
Webinar Series
Technical Support
What can we learn from Support?
• Product rough spots and dissatisfaction factors
• Typical feature requests
• Product version distribution
Source:
• Ticket tracking system
• Top 10 issue list
• Tech support for a day
Frequency:
• Monthly
15
Empowering Product Teams
Webinar Series
Customer Success
What can we learn from Customer Success?
• Adoption hurdles
• Churn factors
Source:
• CRM
• Hot customers list
• Ride-alongs
Frequency:
• Bi-weekly
16
Empowering Product Teams
Webinar Series
Quality Assurance/Test
What can we learn from QA?
• Adoption bottlenecks/product rough spots
• Performance issues
Source:
• Bug tracking
system
Frequency:
• Every sprint
• Ad hoc
17
Empowering Product Teams
Webinar Series
Engineering/Dev
What can we learn from Engineering?
• Technology trends
• New features
• Better ways of doing things
• Tech debt
Source:
• Retrospective
• 1-on-1s
Frequency:
• Every sprint
• Every opportunity
18
Empowering Product Teams
Webinar Series
Finance
What can we learn from Finance?
• Revenue & costs
• LTV
Source:
• Financial
system
Frequency:
• Monthly/
Quarterly
19
Empowering Product Teams
Webinar Series
Legal
What can we learn from Legal?
• Legal risks (viability questions?)
• Privacy and certification requirements
Source:
• Face to face
meeting
Frequency:
• Quarterly
• New regulation
• New partnership
/integration
20
Empowering Product Teams
Webinar Series
Executives
What can we learn from Execs?
• Company strategy and priorities
• Hot topics
Source:
• Face to face meeting
• All hands
• Earnings call
Frequency:
• Quarterly
• Ad hoc
21
Empowering Product Teams
Webinar Series
PM Decision Making
Awesome product decisions
Intuition/experience
Qualitative data
Quantitative data
22
Empowering Product Teams
Webinar Series
POLL
23
Empowering Product Teams
Webinar Series
Wrap-Up
1. Don’t blindly believe one source of data (especially quantitative)
2. Quant data doesn’t predict the future
3. Broaden the aperture for information intake
4. Blend quant and qual data
5. Leverage your entire organization
• Other teams - UX/CX, pricing&licensing, DevOps, Security, internal
IT
• Make friends along the way
Empowering Product Teams
Webinar Series
Q&A
Hannah Flynn
With: Moderated by:
Sr. Director of Product, Nyotron
Linkedin page: /in/renekolga/
Twitter ID: @nyotron
Website: nyotron.com
Rene Kolga
Site editor, Product Management Today
Linkedin page: /in/hannahmflynn
Twitter ID: @prodmgmttoday
Email: hannah@aggregage.com
Website: productmanagementtoday.com
www.productmanagementtoday.com/webinar-series/empowering-product-teams

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Empowering Product Teams: Leverage Your Organization for Best Product Decisions

  • 1. Leveraging Your Organization for Best Product Decisions Rene Kolga Hannah Flynn With: Moderated by: TO USE YOUR COMPUTER'S AUDIO: When the webinar begins, you will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended. Webinar will begin: 11:00 am, PST TO USE YOUR TELEPHONE: If you prefer to use your phone, you must select "Use Telephone" after joining the webinar and call in using the numbers below. United States: +1 (914) 614-3221 Access Code: 522-943-940 Audio PIN: Shown after joining the webinar --OR-- Empowering Product Teams Webinar Series
  • 2. Revulytics gives any software producers deep and actionable insight into who is using their software products and how they are being used, and the out-of-box analytics that enable them to grow incremental revenue, convert and retain customers, and make decisions about licensing and cloud transformation strategies.
  • 3. Empowering Product Teams Webinar Series Click on the Questions panel to interact with the presenters www.productmanagementtoday.com/webinar-series/empowering-product-teams
  • 4. About Rene Kolga Rene Kolga has 15 years of product management experience in the B2B space, with ownership over 40 enterprise products and annual revenue up to $300m. He run Product teams at multiple Fortune 500 companies and Silicon Valley startups, including Symantec, Citrix, Altiris, ThinAir and Nyotron. Prior to his PM career, Rene led global QA and Support teams. Rene earned his Computer Science degree from Tallinn University of Technology and received an MBA from University of Utah. Rene frequently writes and speaks on cybersecurity and product management topics. About Hannah Flynn Hannah went to The University of Chicago, where she majored in Environmental Studies with a concentration in Economics and Policy. She now works with Aggregage on social media strategy and webinar production for Product Management Today and B2B Marketing Zone. Empowering Product Teams Webinar Series
  • 6. 6 Empowering Product Teams Webinar Series Agenda • What is data? • PM decision making • Sources of data • 10 internal teams to leverage • Wrap-up
  • 7. 7 Empowering Product Teams Webinar Series What Is Data? Data / Information != Knowledge Data (definition): • Factual information (such as measurements or statistics) used as a basis for reasoning, discussion, or calculation. • Information … that includes both useful and irrelevant or redundant information and must be processed to be meaningful
  • 8. 8 Empowering Product Teams Webinar Series Reliance on Data Data != Future • Data [models], by their nature, are based on the past, and on the assumption that patterns will repeat. • Big data processes codify the past. They do not invent the future.
  • 9. 9 Empowering Product Teams Webinar Series PM Decision Making Awesome product decisions Intuition/experience Qualitative data Quantitative data
  • 10. 10 Empowering Product Teams Webinar Series Sources of Data Internal: • Product analytics/telemetry • Marketing • Sales • Sales Engineering (SE) • Technical Support • Customer Success • QA • Engineering • Finance • Legal • Execs External: • Customers • Competitors • Analysts Our focus today
  • 11. 11 Empowering Product Teams Webinar Series Marketing What can we learn from Marketing? • Market trends • Competitors’ moves • What resonates and what doesn’t (messaging)? Source: • Meetings • Analyst reports • Online stats Frequency: • Weekly
  • 12. 12 Empowering Product Teams Webinar Series Sales What can we learn from Sales? • What prospects are asking for* • Pricing • Customer profile(s) Source: • Win-loss reports • Ride-alongs Frequency: • Bi-weekly • Ad hoc * Thread carefully
  • 13. 13 Empowering Product Teams Webinar Series Sales Engineering What can we learn from SEs? • Feature gaps • Product rough spots (e.g. POC killers) Source: • POC notes • Ride-alongs (on-site) Frequency: • Bi-weekly
  • 14. 14 Empowering Product Teams Webinar Series Technical Support What can we learn from Support? • Product rough spots and dissatisfaction factors • Typical feature requests • Product version distribution Source: • Ticket tracking system • Top 10 issue list • Tech support for a day Frequency: • Monthly
  • 15. 15 Empowering Product Teams Webinar Series Customer Success What can we learn from Customer Success? • Adoption hurdles • Churn factors Source: • CRM • Hot customers list • Ride-alongs Frequency: • Bi-weekly
  • 16. 16 Empowering Product Teams Webinar Series Quality Assurance/Test What can we learn from QA? • Adoption bottlenecks/product rough spots • Performance issues Source: • Bug tracking system Frequency: • Every sprint • Ad hoc
  • 17. 17 Empowering Product Teams Webinar Series Engineering/Dev What can we learn from Engineering? • Technology trends • New features • Better ways of doing things • Tech debt Source: • Retrospective • 1-on-1s Frequency: • Every sprint • Every opportunity
  • 18. 18 Empowering Product Teams Webinar Series Finance What can we learn from Finance? • Revenue & costs • LTV Source: • Financial system Frequency: • Monthly/ Quarterly
  • 19. 19 Empowering Product Teams Webinar Series Legal What can we learn from Legal? • Legal risks (viability questions?) • Privacy and certification requirements Source: • Face to face meeting Frequency: • Quarterly • New regulation • New partnership /integration
  • 20. 20 Empowering Product Teams Webinar Series Executives What can we learn from Execs? • Company strategy and priorities • Hot topics Source: • Face to face meeting • All hands • Earnings call Frequency: • Quarterly • Ad hoc
  • 21. 21 Empowering Product Teams Webinar Series PM Decision Making Awesome product decisions Intuition/experience Qualitative data Quantitative data
  • 23. 23 Empowering Product Teams Webinar Series Wrap-Up 1. Don’t blindly believe one source of data (especially quantitative) 2. Quant data doesn’t predict the future 3. Broaden the aperture for information intake 4. Blend quant and qual data 5. Leverage your entire organization • Other teams - UX/CX, pricing&licensing, DevOps, Security, internal IT • Make friends along the way
  • 24. Empowering Product Teams Webinar Series Q&A Hannah Flynn With: Moderated by: Sr. Director of Product, Nyotron Linkedin page: /in/renekolga/ Twitter ID: @nyotron Website: nyotron.com Rene Kolga Site editor, Product Management Today Linkedin page: /in/hannahmflynn Twitter ID: @prodmgmttoday Email: hannah@aggregage.com Website: productmanagementtoday.com www.productmanagementtoday.com/webinar-series/empowering-product-teams