Radical Product Thinking:
Productized Masterclass
@RadhikaDutt
Our agenda today
1. What skills we’re going to build today and why that’s important
2. Vision introduction and exercises
3. Prioritization and exercises
4. Next steps
Lean and Agile help help you innovate
faster - they give you a fast car.
Today, our approach to product
management relies heavily on iteration.
“We don’t have the right designer on the team, so that’ll just
mean a few more iterations… but eventually we’ll get there.”
We continue to optimize our fast car (get
better at Agile, increase sprint velocity…)
In the future, most people will have a fast
car (the ability to iterate fast).
But what use is a fast car when you can’t
tell where you’re going?
Our ability to set the destination (vision
and strategy) hasn’t kept pace.
“Product diseases” are still
very common.
Time for a checkup ?
Hypermetricemia
Obsession with metrics
and analytics
Incremental product
improvement, stuck in
local maxima
“MEASURE EVERYTHING! TEST EVERYTHING!”
Strategic Swelling
Product tries to do too
much for too many users
Unfocused efforts, weak
value proposition
“These eighteen features are table stakes for the industry.
We’ll decide how to differentiate after these get built.”
Locked-In Syndrome
Commitment to a
technology platform rather
than a problem space
“Our VCs funded an AI company — we can’t just use a simple
lookup table to recommend products!”
Reduces flexibility in
solving customer needs
These diseases make good products go
bad when we’re missing a clear
product vision and strategy.
Your differentiator will be navigating and
bringing the team with you on the journey
...Speed
..are important feedback-driven execution
methodologies that give us...
Lean Agile
and
Speed, by itself, can look like this...
Speed + Direction = Velocity
Before launching into execution,
we must define the direction of our speed
+ =
Skills that will be table-stakes in the future:
● Ability to A/B test
● Optimize to increase metrics
● Ability to use Lean and Agile
What will differentiate you is the ability to:
● Communicate a clear vision and strategy
● Build world-changing products (not
optimizations).
My goal is to help you spread your influence
and take on a more strategic role in your
organization.
What is RADICAL PRODUCT THINKING ?
It’s a methodology for building
successful products that create the change
you want to see in the world.
...it’s a step-by-step, practical approach that lets you
iterate less and achieve more.
Vision
What’s the end-state
you want to create?
Strategy
How will you
create that?
Execution &
measurement
How will you measure
and adapt?
Prioritization
In what order will
you deliver it?
Culture
What culture do
you need in place?
You can systematically engineer your change:
...and communicate your rationale across
your team and within your organization
VISION
Define your
“To be the go-to platform for wine education
and purchasing.”
“To be the go-to platform for wine education
and purchasing.”
NOT A GOOD VISION
“To make buying and learning about wine less intimidating
and more enjoyable for people who want to drink good
wine but don’t have the time to become experts.”
MUCH BETTER!
What is a “good” vision ?
Hint: it’s not about you
Your Vision should articulate...
● Whose world are you changing?
● What does their world look like today?
● Why does their world need changing?
● How are you going to change it for them?
… the Who, What, Why, and How
Use the Radical Vision Worksheet to iterate
on your vision until you’re happy with it
Today, when
identified group
want to
desirable outcome
,
they have to
current activity/solution(s)
. This is unacceptable, because
shortcomings of current solution
. We envision a world where
shortcomings are resolved
.
We’re bringing this world about through
broad technology/approach
.
We’ll work on the following Mural link:
Exercise: Vision
Prioritization
Craft your rubric for
Vision gives you power.
But prioritization is where your vision
meets the ground…
Prioritization means balancing
progress towards the vision
against the reality of survival.
Prioritization the
Radical Product Thinking way:
1. Vision (envision the world you want to create)
2. Survival (acknowledge the need for survival)
3. Share your rationale for prioritization
Step 1:
Craft a vision for the change
you want to see...
Step 2:
Acknowledging the dark side...
Light. Darkness. A balance.
Personnel Risk Stakeholder Risk
Technology &
Ops Risk
Legal &
Regulatory Risk
Financial Risk
What could kill your product tomorrow?
Survival Statement
Currently, the greatest risk to
our product’s existence is that
greatest risk
If this happens, we won’t
be able to continue
operating because
consequence(s) of risk
This risk will most likely
come true if
factors that increase/amplify risk
Some factors that could
help us mitigate the risk are
factors that decrease/mitigate risk
1. Identify existential threats
2. Craft your Survival Statement based on your single biggest
existential threat today
Exercise: Survival Risk (5 min)
GOOD VISION FIT
POOR VISION FIT
WORSENS
SURVIVAL
IMPROVES
SURVIVAL
INVESTING
IN THE VISION
IDEAL
DANGER!
BUILDING
VISION DEBT
Prioritization: Balancing Vision Fit vs. Survival Risk
1. Prioritize features or opportunities relevant to your product
2. Share your rationale for why you placed items in a particular
quadrant
Exercise: Prioritization
How do we plug this in
to what we’re doing today?
Lean and Agile help you execute,
learn and iterate under uncertainty
Radical Product Thinking + Lean and Agile
Vision Strategy Execution
Radical Product helps you define and communicate
what you’re building and why
Vision
What’s the end-state
you want to create?
Strategy
How will you
create that?
Execution &
measurement
How will you measure
and adapt?
Prioritization
In what order will
you deliver it?
Culture
What culture do
you need in place?
You can systematically engineer your change:
...and communicate your rationale across
your team and within your organization
Want to learn more?
● Pre-order book: Launches on September 28
● Get the free toolkit from www.radicalproduct.com:
○ Create a powerful Vision
○ Craft and communicate your RDCL Strategy
○ Shake up how you do your Prioritization
○ Develop your Execution and Measurement model
● Blog: Accessible from www.radicalproduct.com
Questions?
www.radicalproduct.com
@RadhikaDutt

Radhika Dutt- Productized Masterclasses

  • 1.
    Radical Product Thinking: ProductizedMasterclass @RadhikaDutt
  • 2.
    Our agenda today 1.What skills we’re going to build today and why that’s important 2. Vision introduction and exercises 3. Prioritization and exercises 4. Next steps
  • 3.
    Lean and Agilehelp help you innovate faster - they give you a fast car.
  • 4.
    Today, our approachto product management relies heavily on iteration. “We don’t have the right designer on the team, so that’ll just mean a few more iterations… but eventually we’ll get there.”
  • 5.
    We continue tooptimize our fast car (get better at Agile, increase sprint velocity…)
  • 6.
    In the future,most people will have a fast car (the ability to iterate fast).
  • 7.
    But what useis a fast car when you can’t tell where you’re going?
  • 8.
    Our ability toset the destination (vision and strategy) hasn’t kept pace.
  • 9.
    “Product diseases” arestill very common.
  • 10.
    Time for acheckup ?
  • 11.
    Hypermetricemia Obsession with metrics andanalytics Incremental product improvement, stuck in local maxima “MEASURE EVERYTHING! TEST EVERYTHING!”
  • 12.
    Strategic Swelling Product triesto do too much for too many users Unfocused efforts, weak value proposition “These eighteen features are table stakes for the industry. We’ll decide how to differentiate after these get built.”
  • 13.
    Locked-In Syndrome Commitment toa technology platform rather than a problem space “Our VCs funded an AI company — we can’t just use a simple lookup table to recommend products!” Reduces flexibility in solving customer needs
  • 14.
    These diseases makegood products go bad when we’re missing a clear product vision and strategy.
  • 15.
    Your differentiator willbe navigating and bringing the team with you on the journey
  • 16.
    ...Speed ..are important feedback-drivenexecution methodologies that give us... Lean Agile and
  • 17.
    Speed, by itself,can look like this...
  • 18.
    Speed + Direction= Velocity Before launching into execution, we must define the direction of our speed + =
  • 19.
    Skills that willbe table-stakes in the future: ● Ability to A/B test ● Optimize to increase metrics ● Ability to use Lean and Agile
  • 20.
    What will differentiateyou is the ability to: ● Communicate a clear vision and strategy ● Build world-changing products (not optimizations).
  • 21.
    My goal isto help you spread your influence and take on a more strategic role in your organization.
  • 22.
    What is RADICALPRODUCT THINKING ?
  • 23.
    It’s a methodologyfor building successful products that create the change you want to see in the world. ...it’s a step-by-step, practical approach that lets you iterate less and achieve more.
  • 24.
    Vision What’s the end-state youwant to create? Strategy How will you create that? Execution & measurement How will you measure and adapt? Prioritization In what order will you deliver it? Culture What culture do you need in place? You can systematically engineer your change: ...and communicate your rationale across your team and within your organization
  • 25.
  • 27.
    “To be thego-to platform for wine education and purchasing.”
  • 28.
    “To be thego-to platform for wine education and purchasing.” NOT A GOOD VISION
  • 29.
    “To make buyingand learning about wine less intimidating and more enjoyable for people who want to drink good wine but don’t have the time to become experts.” MUCH BETTER!
  • 30.
    What is a“good” vision ? Hint: it’s not about you
  • 31.
    Your Vision shouldarticulate... ● Whose world are you changing? ● What does their world look like today? ● Why does their world need changing? ● How are you going to change it for them? … the Who, What, Why, and How
  • 32.
    Use the RadicalVision Worksheet to iterate on your vision until you’re happy with it Today, when identified group want to desirable outcome , they have to current activity/solution(s) . This is unacceptable, because shortcomings of current solution . We envision a world where shortcomings are resolved . We’re bringing this world about through broad technology/approach .
  • 33.
    We’ll work onthe following Mural link: Exercise: Vision
  • 34.
  • 35.
    Vision gives youpower. But prioritization is where your vision meets the ground…
  • 37.
    Prioritization means balancing progresstowards the vision against the reality of survival.
  • 38.
    Prioritization the Radical ProductThinking way: 1. Vision (envision the world you want to create) 2. Survival (acknowledge the need for survival) 3. Share your rationale for prioritization
  • 39.
    Step 1: Craft avision for the change you want to see...
  • 40.
  • 41.
  • 42.
    Personnel Risk StakeholderRisk Technology & Ops Risk Legal & Regulatory Risk Financial Risk What could kill your product tomorrow?
  • 43.
    Survival Statement Currently, thegreatest risk to our product’s existence is that greatest risk If this happens, we won’t be able to continue operating because consequence(s) of risk This risk will most likely come true if factors that increase/amplify risk Some factors that could help us mitigate the risk are factors that decrease/mitigate risk
  • 44.
    1. Identify existentialthreats 2. Craft your Survival Statement based on your single biggest existential threat today Exercise: Survival Risk (5 min)
  • 45.
    GOOD VISION FIT POORVISION FIT WORSENS SURVIVAL IMPROVES SURVIVAL INVESTING IN THE VISION IDEAL DANGER! BUILDING VISION DEBT Prioritization: Balancing Vision Fit vs. Survival Risk
  • 46.
    1. Prioritize featuresor opportunities relevant to your product 2. Share your rationale for why you placed items in a particular quadrant Exercise: Prioritization
  • 47.
    How do weplug this in to what we’re doing today?
  • 48.
    Lean and Agilehelp you execute, learn and iterate under uncertainty Radical Product Thinking + Lean and Agile Vision Strategy Execution Radical Product helps you define and communicate what you’re building and why
  • 49.
    Vision What’s the end-state youwant to create? Strategy How will you create that? Execution & measurement How will you measure and adapt? Prioritization In what order will you deliver it? Culture What culture do you need in place? You can systematically engineer your change: ...and communicate your rationale across your team and within your organization
  • 50.
    Want to learnmore? ● Pre-order book: Launches on September 28 ● Get the free toolkit from www.radicalproduct.com: ○ Create a powerful Vision ○ Craft and communicate your RDCL Strategy ○ Shake up how you do your Prioritization ○ Develop your Execution and Measurement model ● Blog: Accessible from www.radicalproduct.com
  • 51.