Product Leadership in startups.
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What’s the first thought comes to your mind when you think of startups? The answer can probably be new entrepreneurs, new products, small teams with loads of work, and (of course) investors. Product leadership starts with defining the product vision, understanding the customer’s needs, and involving the teams to develop products that provide a unique experience to the customers through innovative products.
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15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
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- 2. WHAT IS PRODUCT LEADERSHIP? Product leadership starts with defining the product vision, understanding the customer’s needs, and involving the teams to develop products that provide a unique experience to the customers through innovative products. The product leaders and the product managers work towards the same goal- developing successful products.
- 3. Soft Skills: Soft skills are considered to be the foundation of a successful business. It helps in building great relationships among the team members and the customers. Technical Skills: Having technical skills helps product leaders to understand the product more accurately. Business Expertise: Business expertise is the skill that gets you recognized as a good product leader. However, a deep understanding of business can only be learned through experience. Domain Knowledge: Domain Knowledge is having a thorough understanding of your business and your customer’s pain points and use cases. Key Elements of Product Leadership
- 4. RESPONSIBILITIES OF PRODUCT LEADERS Build great teams: Creating great products requires great teams with the skills and knowledge to surpass competitors. The product leaders build and manage these teams to create great products. Drive the product in the right direction: The product leader helps create the company’s vision that drives the product in the right direction. Create a culture of collaboration: Different teams of product organizations help in the development of the products while contributing with their best skills. A product leader should promote a collaborative work culture across the organization.
- 5. Encourage customer-centric culture: Being a product leader, it is essential to have a deep understanding of and requirements of the product market to develop a customer-centric culture in the organization. Consistently experiment and learn: Product teams in today’s fast-growing business have a great impact on making the product a success. The product teams are adopting the culture of experiment learning and giving it a high priority. Best Product