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Introducing Prodmentum


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Product team and product planning and community-building software solution

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Introducing Prodmentum

  1. 1. Powered by ©Collective Nexus, LLC 2020
  2. 2. ©Collective Nexus, LLC 2020 The state of product management  Product managers are the least satisfied jobs in the top 50 jobs (glassdoor)  Confidenceconf interviewed 900 PM’s, only 28% love what they do, the rest are only somewhat or not satisfied  survey only 24% of PM’s are very clear on their strategy and how it fits in with the rest of the company
  3. 3. ©Collective Nexus, LLC 2020 Why can’t we ship great products? “When people want new ideas, what they are really saying is that they can’t execute.” Sam Trsulow, IDEO team member
  4. 4. ©Collective Nexus, LLC 2020 Is management helping or hindering? “To be sure, the fundamental task of management remains the same: to make people capable of joint performance through common goals, common values, the right structure, and the training and development they need to perform and to respond to change.” ― Peter F. Drucker, The Essential Drucker
  5. 5. ©Collective Nexus, LLC 2020 Too many organizations mistake ‘smart talk’ for taking useful action “Jeffrey Pfeffer and I found that many ineffective companies suffer from this disease, which we call the “smart talk trap.” This a syndrome where companies hire, reward, and promote people for sounding smart rather than making sure that smart things are done. In such organizations, talking somehow becomes an acceptable— even a preferred— substitute for actually doing anything. Inaction is bad for any company. But it is especially devastating when innovation is the goal, because so many ideas need to be tried to find a few that might work.” ― Robert I. Sutton, Weird Ideas That Work
  6. 6. ©Collective Nexus, LLC 2020 Too often we create our own barriers to innovation People are plenty productive. It's systems that aren't. It's the process, the methods, the overbearing oversight, the absence of trust, the incessant checking-in, the lack of contiguous time, and the red tape that bog things down, not the people doing the work itself. -Jason Fried
  7. 7. ©Collective Nexus, LLC 2020 Fostering co-creation in today’s modern workplace is hard
  8. 8. ©Collective Nexus, LLC 2020 Driving Trends The workplace is changing, generational change, work- from-home, globally distributed teams In most organizations, turnover is high, many people come and go, true innovation culture is hard to sustain Management is often jumping from theme to theme, it can be challenging to get [and stay] aligned
  9. 9. ©Collective Nexus, LLC 2020 What if you had a complete platform for empowering cross-functional product teams to reach their full potential and deliver results?
  10. 10. ©Collective Nexus, LLC 2020 INTRODUCING
  11. 11. ©Collective Nexus, LLC 2020 Prodmentum is a product of Collective Nexus, which provides community-building solutions Connect LearnCo-CreateEffective teamwork is key to responding to challenges of a changing world At the 3C’s of building community are a key part of our philosophy
  12. 12. ©Collective Nexus, LLC 2020 We believe that the right tools can facilitate real change… "If you want to teach people a new way of thinking, don't bother trying to teach them. Instead, give them a tool, the use of which will lead to new ways of thinking.” -R. Buckminster Fuller
  13. 13. ©Collective Nexus, LLC 2020 Instead of focusing on finding magic bullets, we need to build better teams “While many of us spend too much energy searching for the next great idea, my research shows that we would be better served by developing the capacity to make ideas happen--a capacity that endures over time.” -Scott Belsky, Making Ideas Happen
  14. 14. ©Collective Nexus, LLC 2020 Driving Principles for Success in Product Innovation • Empowerment • Transparency • Openness • Clarity • Flexibility • Learning • Accountability ©Collective Nexus, LLC 2020
  15. 15. ©Collective Nexus, LLC 2020 Our Solution ORGANIZATION TEAMS INITIATIVES LEARNINGS CHALLENGES Dashboard with overall objectives and drill-down capability on any key initiative Define empowered teams with objectives and self- learning focus Define products with clear vision, objectives, roles, and activities Capture and share ongoing customer and market insights Open up key challenges for innovative and creative submissions
  16. 16. Create Teams Manage and Execute on Initiatives Learn, Experiment, and Grow Together Collaborate on meaningful initiatives, build sustainable teams ©Collective Nexus, LLC 2020
  17. 17. ©Collective Nexus, LLC 2020 Find the breakthroughs “If your goal is innovation, then your role must instead be to create an environment—a setting, a context, an organization—where people are willing and able to do the hard work of innovation themselves: to collaborate, learn through trial and error, and make integrated decisions.” ― Linda A. Hill, Collective Genius
  18. 18. ©Collective Nexus, LLC 2020 Focus on identifying and capitalizing on opportunities “Staffing the opportunities instead of the problems not only creates the most effective organization, it also creates enthusiasm and dedication.” ― Peter F. Drucker, The Effective Executive
  19. 19. ©Collective Nexus, LLC 2020 Harnessing true empowerment “Leadership is not about making people do things. Leadership is about installing a genuine desire in the hearts and minds of others to take ownership of their work on a project.” - Scott Belsky, Making Ideas Happen
  20. 20. ©Collective Nexus, LLC 2020 Ensuring Joint Ownership of Success It’s not enough to turn on a new application and expect engagement Build a Community of Product Champions Set up teams Set up product initiatives Set up challenges Gather market insights Establish goals and objectives Track success Optimize templates
  21. 21. ©Collective Nexus, LLC 2020 We are here for you Setup Training Support ©Collective Nexus, LLC 2020
  22. 22. ©Collective Nexus, LLC 2020 Setup Process Signup Consult with an account manager Set up your account Set up your first users Promote within your organization
  23. 23. ©Collective Nexus, LLC 2020 Prodmentum is a product of: Collective Nexus, LLC Building community in remote and distributed organizations ©Collective Nexus, LLC 2020
  24. 24. ©Collective Nexus, LLC 2020 Create a community of empowered AND customer-focused teams “Great teams are comprised of ordinary people that are empowered and inspired. They are empowered to solve hard problems in ways their customers love, yet work for their business. They are inspired with ideas and techniques for quickly evaluating those ideas to discover solutions that work: they are valuable, usable, feasible and viable.” --Marty Cagan
  25. 25. Thank You Visit us at ©Collective Nexus, LLC 2020