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Product Management
The art of crafting the future
CEO/CPO at EWA.UA
PdM at Yola.com
CEO&Founder at EWA.UA
Product Soul at GeekSpeaks
to the peak of being a geek
Andrey Taganskiy
Entrepreneur, Product Guy
in: taganskiy
fb: taganskiy
Andrey Taganskiy
Entrepreneur, Product Guy
in: taganskiy
fb: taganskiy
Currently I’m working as:
● PdM @Yola.com: B2C, 12M+ users
● CEO&Founder @Ewa.ua: B2B, 66K+ users
● Product Soul @GeekSpeaks.club
Previously I worked as:
● PdM @Zeo Alliance
● Chief PdM & CEO @Nexstep
For those who want to find wings!
1. Who wants to become a Product manager
2. Who makes first steps
3. Who works with Product managers
4. Who is curious :)
For whom this lecture is?
1626 year
Manhattan
$24 worth of trinkets
Current days
120K+ developers in Ukraine
120K+ developers in Ukraine
not more that 10K are working
for product companies
In Ukraine the product market is just starting
namecheap
grammarly
Readd e
kodisoft
GitLab
paymentwall
We need dreamers.
We need entrepreneurs.
We need PRODUCT MANAGERS.
StackOverflow: 4.8% are PdMs
Ukraine: ≈0.3% are PdMs
I have a dream..!
Ukraine is a global products
development center.
GeekSpeaks.club mission
What we need for this?
Popularization. Teaching. Collaboration.
US
UK
Israel
Germany
Ukraine
More products
More margin
New technologies
Less “galleys”
Less legacy
Product management popularization
is my ultimate goal
More PdMs
Who is John Galt a product manager?
Product manager is a
dreamer, creator, demiurg,
who is acting, to realize the dream.
Product manager is responsible for product
vision, strategy, design and execution.
V) Vision
D) Design E) Execution
S) Strategy
“Ultimately, the thing that is super
important in the grand scale of
history is, are we on a path to
becoming a multi-planet species or
not?
V. Vision
Elon Musk
SpaceX
A convincing vision shows how much
the world will be better, if the product
manager succeeds.
The vision - is a product manager’s
dream he believes in.
Customer-centric approach - creating
real value for the customer.
Customer problems and needs are
above all.
Customer have to love your product.
“Today, online commerce saves customers
money and precious time.
Tomorrow, through personalization, online
commerce will accelerate the very process of
discovery.
Jeff Bezos
Letter to Amazon Shareholders, 1997
S) Strategy
Jeff Bezos
Amazon
“Your margin is my opportunity.
Convincing strategy accurately in
details shows how you would
dominate on your market.
The vision remains unchanged, but the
strategy is refined iteratively until you find
a suitable product and market.
Key strategic issues:
1. Target audience
2. The problem you’re solving
3. Value proposition
4. Strategic difference
5. Competition strategy
6. Customer acquisition strategy
7. Monetization strategy
8. KPI’s
1. Target audience
Do not even think about the widest possible
audience!
Instead, think about the best of your customers.
Compare the audience:
Snapchat FB Messenger
Analyze customer problems and needs.
Listen to customer! You as a PdM are the customer’s voice.
The customer not always could name the solution, but he
can describe the pain he is experiencing.
Anamnesis → Diagnosis
2. Pain - the problem you’re solving
Not a features list!
Instead of that a promise to your customer the
value that he will get from you.
3. Value proposition
● 93+ years of experience
● all screwdrivers & tools
● modern fittings
● plastic tubes
● welding equipment
● rubber gaskets
● cable plumbing snake
● Your bathroom will be
new again
● Just 1 hour repair
● Schedule any time, 24/7
Why you are 10 times better for your Target audience
than leading competitors?
4. Strategical difference
5. Competition strategy
How will your decision win from direct
competitors and indirect alternatives?
The user somehow lived without your
product. How?
5. Customer acquisition strategy
How will you find and attract your
potential customers?
How will you make this cost-effective?
6. Monetisation strategy
Ads, In-App Purchases, Freemium,
Subscription, Paid Apps, Affiliate, Donate,
Sponsorship, Data, Microtransactions etc.
What are your main ways of earning?
And what additional?
Do customers have a strong
willingness to pay?
8. KPIs
What are your right metrics that let you
know that you are moving in the right
direction?
DAU, WAU, MAU, CAC, ROI, ARPU,
ARPPU, NPS, LTV etc.
Minimize the dimensions of your innovations
Make innovations in several
dimensions.
Use the best practices in the
rest.
Do not innovate in all dimensions
1. Target audience
2. The problem you’re solving
3. Value proposition
4. Strategic difference
5. Competition strategy
6. Customer acquisition strategy
7. Monetization strategy
8. KPI’s
Telegram strategy
Innovation dimension:
● The problem you’re solving
Solving the security problem: data encryption, open source.
Innovation dimension:
● target audience
● strategic differentiation
Tesla strategy
First focus on the owners of sports cars - early adopters.
Then the mass consumer market.
Innovation dimension:
● target audience
● the problem you’re solving
Focus on students first.
Photos, relationship status!
Facebook strategy
D. Design (UX)
Steve Jobs
Apple
“Simple can be harder
than complex
A convincing design brings your
customers a delightful experience with
a useful and convenient tool.
There are proven techniques to create
useful and convenient products.
But how to create a truly delightful
experience?
Empathy to the client!
Feel the client’s pain as your own.
Emotional intelligence
MacBook example:
● simplicity and reliability iOS
● keyboard backlight
● touchpad and gestures
● Retina display
Design thinking is a really good framework
Emotional intelligence
Fall in love with the problem you are solving for your audience
... and not in its solution.
Love is a feeling.
Crush is a state.
The state when thinking loops on the object.
Develop a persona
Usually describes:
● objectives
● painful points
● behavior
● psychology
A Persona is a fictional character, designed to represent the different archetypes
of users of your product.
"Sleep" with your customers
● study your clients
● interview them
● make surveys
● learn support line logs
● collect the data on users’ actions
This takes at least 20% of the working time of
the PdM.
Slack & Telegram are attentive to details: preview of links and
photos, @gif, mentions, integration with platforms, etc.
Admiration through attention to detail
Slack
Telegra
m
Viber
Skype
VS
E. Execution
Stewart Butterfield
Slack
“We do it really,
really fucking good
Immanent execution ultimately determines
whether you will make your vision a reality
or not.
Execution is not about project management
only.
Execution is to do all that is necessary to win!
The Lean startup framework
Feedback loop.
The goal is to accelerate the
iterations of product improvement.
Define the hypothesis.
Check.
Draw a conclusion. Cycle.
Bad example. New Kinopoisk from Yandex
They changed
everything at once
Epic fail!
● inconvenient UI
● no important features
● errors in rating
● bugs and jambs
So than what is the difference between PdM and
other roles in product development?
Withdrawal
Growth
Maturity
Recession
Quality
Market
launch
New product
development
Development & Business
Launch Improving ExitIdea Plan
Develo
pment
Product manager
Product marketer
Project manager
Business analyst
Lead engineer
QA
Customer support
Sales
Processes Stages
Product manager join
technologies, clients and business
Customers
Business
Technologies
Product manager
What skills does good PdM need to have?
Full responsibility.
Including the financial result.
No concessions.
Realizing the vision, whatever it takes.
Product and team leadership.
The product evangelist.
1. Behaves like the CEO of the product
2. Keeps the balance of all important factors
1. Goals and Opportunities of the Company
2. User Needs
3. Competitive market
● Looks forward
● Controls his assumptions
● Prioritize tasks
1. Is able to listen and hear the client. He speaks one
language with him.
2. Clearly and clearly write the requirements for the
product
3. On the "you" with the engineering team
4. RoadMap and Product Requirements document
5. Possesses presentation skills
6. "Sells" its ideas to customers, the team, investors,
journalists, etc.
3. Has excellent communication skills
4. He reads, writes, speaks. A lot of. Constantly.
1. Books.
2. Articles.
3. Face-to-face.
4. Support logs.
5. Blog.
6. Social network.
7. Etc.
The product evangelist
2 read
Why it’s so cool to be a PdM?
1. PdMs are on the front
All technological global companies are driven by product managers!
In Ukraine the product market is just starting
namecheap
grammarly
Readd e
kodisoft
GitLab
paymentwall
2. Joy of Creation
Communicating with satisfied customers, you reap
the fruits of your labor and get the inspire to move
on.
You bring tangible benefits, creating real value.
Finally, you will have what to show your mom!
* Eksmo promotion poster
3. Startup VS corporate bureaucracy
Corporate
muscles
● Industry knowledge
● Financial stability
● Acquaintance with like-
minded people
Startup
soal
● Focus on the client
● Non-Shared Thinking
● Custom solutions
● Quick execution
Having gained experience
in the corporation, you
can create your product -
start a startup.
Factory of corporate
growth
Because it is you who make people happy!
Clients, team, investors and themselves.
… or unhappy.
For those who aspire to happiness
… I invite you to sign up to my author's course
“Product management school”
http://www.geekspeaks.club
Product Owner @Evo
PdM @Evo
PDM @MacPaw,
Setapp.com)
PdM @Yola.com
CEO/CPO @Ewa.ua
… I invite you to sign up to my author's course
“Product management school”
http://www.geekspeaks.club
● 20 hours of lectures and practice
● 6 days (Sat, Sun)
● starts on the beginning of June
● 16-20 guys in the group
QnA

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ITNetwork BACon agile spring. Андрей Таганский - Product Manager - профессия создавать выдающиеся продукты

  • 1. Product Management The art of crafting the future CEO/CPO at EWA.UA PdM at Yola.com CEO&Founder at EWA.UA Product Soul at GeekSpeaks to the peak of being a geek Andrey Taganskiy Entrepreneur, Product Guy in: taganskiy fb: taganskiy
  • 2. Andrey Taganskiy Entrepreneur, Product Guy in: taganskiy fb: taganskiy Currently I’m working as: ● PdM @Yola.com: B2C, 12M+ users ● CEO&Founder @Ewa.ua: B2B, 66K+ users ● Product Soul @GeekSpeaks.club Previously I worked as: ● PdM @Zeo Alliance ● Chief PdM & CEO @Nexstep
  • 3. For those who want to find wings! 1. Who wants to become a Product manager 2. Who makes first steps 3. Who works with Product managers 4. Who is curious :) For whom this lecture is?
  • 7. 120K+ developers in Ukraine not more that 10K are working for product companies
  • 8. In Ukraine the product market is just starting namecheap grammarly Readd e kodisoft GitLab paymentwall
  • 11. We need PRODUCT MANAGERS. StackOverflow: 4.8% are PdMs Ukraine: ≈0.3% are PdMs
  • 12. I have a dream..! Ukraine is a global products development center. GeekSpeaks.club mission What we need for this? Popularization. Teaching. Collaboration. US UK Israel Germany Ukraine
  • 13. More products More margin New technologies Less “galleys” Less legacy Product management popularization is my ultimate goal More PdMs
  • 14. Who is John Galt a product manager?
  • 15. Product manager is a dreamer, creator, demiurg, who is acting, to realize the dream.
  • 16. Product manager is responsible for product vision, strategy, design and execution.
  • 17. V) Vision D) Design E) Execution S) Strategy
  • 18. “Ultimately, the thing that is super important in the grand scale of history is, are we on a path to becoming a multi-planet species or not? V. Vision Elon Musk SpaceX
  • 19. A convincing vision shows how much the world will be better, if the product manager succeeds. The vision - is a product manager’s dream he believes in.
  • 20. Customer-centric approach - creating real value for the customer. Customer problems and needs are above all. Customer have to love your product.
  • 21. “Today, online commerce saves customers money and precious time. Tomorrow, through personalization, online commerce will accelerate the very process of discovery. Jeff Bezos Letter to Amazon Shareholders, 1997
  • 22. S) Strategy Jeff Bezos Amazon “Your margin is my opportunity.
  • 23. Convincing strategy accurately in details shows how you would dominate on your market.
  • 24. The vision remains unchanged, but the strategy is refined iteratively until you find a suitable product and market.
  • 25. Key strategic issues: 1. Target audience 2. The problem you’re solving 3. Value proposition 4. Strategic difference 5. Competition strategy 6. Customer acquisition strategy 7. Monetization strategy 8. KPI’s
  • 26. 1. Target audience Do not even think about the widest possible audience! Instead, think about the best of your customers. Compare the audience: Snapchat FB Messenger
  • 27. Analyze customer problems and needs. Listen to customer! You as a PdM are the customer’s voice. The customer not always could name the solution, but he can describe the pain he is experiencing. Anamnesis → Diagnosis 2. Pain - the problem you’re solving
  • 28. Not a features list! Instead of that a promise to your customer the value that he will get from you. 3. Value proposition ● 93+ years of experience ● all screwdrivers & tools ● modern fittings ● plastic tubes ● welding equipment ● rubber gaskets ● cable plumbing snake ● Your bathroom will be new again ● Just 1 hour repair ● Schedule any time, 24/7
  • 29. Why you are 10 times better for your Target audience than leading competitors? 4. Strategical difference
  • 30. 5. Competition strategy How will your decision win from direct competitors and indirect alternatives? The user somehow lived without your product. How?
  • 31. 5. Customer acquisition strategy How will you find and attract your potential customers? How will you make this cost-effective?
  • 32. 6. Monetisation strategy Ads, In-App Purchases, Freemium, Subscription, Paid Apps, Affiliate, Donate, Sponsorship, Data, Microtransactions etc. What are your main ways of earning? And what additional? Do customers have a strong willingness to pay?
  • 33. 8. KPIs What are your right metrics that let you know that you are moving in the right direction? DAU, WAU, MAU, CAC, ROI, ARPU, ARPPU, NPS, LTV etc.
  • 34. Minimize the dimensions of your innovations
  • 35. Make innovations in several dimensions. Use the best practices in the rest. Do not innovate in all dimensions 1. Target audience 2. The problem you’re solving 3. Value proposition 4. Strategic difference 5. Competition strategy 6. Customer acquisition strategy 7. Monetization strategy 8. KPI’s
  • 36. Telegram strategy Innovation dimension: ● The problem you’re solving Solving the security problem: data encryption, open source.
  • 37. Innovation dimension: ● target audience ● strategic differentiation Tesla strategy First focus on the owners of sports cars - early adopters. Then the mass consumer market.
  • 38. Innovation dimension: ● target audience ● the problem you’re solving Focus on students first. Photos, relationship status! Facebook strategy
  • 39. D. Design (UX) Steve Jobs Apple “Simple can be harder than complex
  • 40. A convincing design brings your customers a delightful experience with a useful and convenient tool.
  • 41. There are proven techniques to create useful and convenient products. But how to create a truly delightful experience?
  • 42. Empathy to the client! Feel the client’s pain as your own. Emotional intelligence MacBook example: ● simplicity and reliability iOS ● keyboard backlight ● touchpad and gestures ● Retina display Design thinking is a really good framework
  • 43. Emotional intelligence Fall in love with the problem you are solving for your audience ... and not in its solution. Love is a feeling. Crush is a state. The state when thinking loops on the object.
  • 44. Develop a persona Usually describes: ● objectives ● painful points ● behavior ● psychology A Persona is a fictional character, designed to represent the different archetypes of users of your product.
  • 45. "Sleep" with your customers ● study your clients ● interview them ● make surveys ● learn support line logs ● collect the data on users’ actions This takes at least 20% of the working time of the PdM.
  • 46. Slack & Telegram are attentive to details: preview of links and photos, @gif, mentions, integration with platforms, etc. Admiration through attention to detail Slack Telegra m Viber Skype VS
  • 47. E. Execution Stewart Butterfield Slack “We do it really, really fucking good
  • 48. Immanent execution ultimately determines whether you will make your vision a reality or not.
  • 49. Execution is not about project management only. Execution is to do all that is necessary to win!
  • 50. The Lean startup framework Feedback loop. The goal is to accelerate the iterations of product improvement. Define the hypothesis. Check. Draw a conclusion. Cycle.
  • 51. Bad example. New Kinopoisk from Yandex They changed everything at once Epic fail! ● inconvenient UI ● no important features ● errors in rating ● bugs and jambs
  • 52. So than what is the difference between PdM and other roles in product development?
  • 53. Withdrawal Growth Maturity Recession Quality Market launch New product development Development & Business Launch Improving ExitIdea Plan Develo pment Product manager Product marketer Project manager Business analyst Lead engineer QA Customer support Sales Processes Stages
  • 54. Product manager join technologies, clients and business Customers Business Technologies Product manager
  • 55. What skills does good PdM need to have?
  • 56. Full responsibility. Including the financial result. No concessions. Realizing the vision, whatever it takes. Product and team leadership. The product evangelist. 1. Behaves like the CEO of the product
  • 57. 2. Keeps the balance of all important factors 1. Goals and Opportunities of the Company 2. User Needs 3. Competitive market ● Looks forward ● Controls his assumptions ● Prioritize tasks
  • 58. 1. Is able to listen and hear the client. He speaks one language with him. 2. Clearly and clearly write the requirements for the product 3. On the "you" with the engineering team 4. RoadMap and Product Requirements document 5. Possesses presentation skills 6. "Sells" its ideas to customers, the team, investors, journalists, etc. 3. Has excellent communication skills
  • 59. 4. He reads, writes, speaks. A lot of. Constantly. 1. Books. 2. Articles. 3. Face-to-face. 4. Support logs. 5. Blog. 6. Social network. 7. Etc. The product evangelist
  • 61. Why it’s so cool to be a PdM?
  • 62. 1. PdMs are on the front All technological global companies are driven by product managers!
  • 63. In Ukraine the product market is just starting namecheap grammarly Readd e kodisoft GitLab paymentwall
  • 64. 2. Joy of Creation Communicating with satisfied customers, you reap the fruits of your labor and get the inspire to move on. You bring tangible benefits, creating real value. Finally, you will have what to show your mom! * Eksmo promotion poster
  • 65. 3. Startup VS corporate bureaucracy Corporate muscles ● Industry knowledge ● Financial stability ● Acquaintance with like- minded people Startup soal ● Focus on the client ● Non-Shared Thinking ● Custom solutions ● Quick execution Having gained experience in the corporation, you can create your product - start a startup. Factory of corporate growth
  • 66. Because it is you who make people happy! Clients, team, investors and themselves.
  • 68. For those who aspire to happiness
  • 69. … I invite you to sign up to my author's course “Product management school” http://www.geekspeaks.club Product Owner @Evo PdM @Evo PDM @MacPaw, Setapp.com) PdM @Yola.com CEO/CPO @Ewa.ua
  • 70. … I invite you to sign up to my author's course “Product management school” http://www.geekspeaks.club ● 20 hours of lectures and practice ● 6 days (Sat, Sun) ● starts on the beginning of June ● 16-20 guys in the group
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  • 74. QnA