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WHY JAY-Z WOULD MAKE
A GREAT
PRODUCT MANAGER?
Marc Abraham
Chief Product Officer at Settled &
Global ProductTank Coordinator
•
WHY JAY-Z?
THE JAY-Z YOU DON’T KNOW
THE JAY-Z YOU DO KNOW
What makes a great Product Manager?
★ Jay-Z’s traits that make him a great PM
What would Jay-Z do?
★ Putting Jay-Z’s PM skills to the test
How you can be more like Jay-Z?
★ Key takeaways from Jay-Z’s approach
WHY JAY-Z WOULD MAKE A GREAT PM?
1. CUSTOMER CENTRIC
2. CURIOUS
3. TRY AND LEARN
“I’m not afraid of dying, I’m afraid of not trying.”
4. CREATIVE
5. PROBLEM SOLVER
6. ENTREPRENEURIAL
7. COMMUNICATOR
“Look, I apologize, often womanize
Took for my child to be born, to see through a
woman’s eyes
Took for these natural twins to believe in miracles
Took me too long for this song, I don’t deserve you”
8. COLLABORATOR
9. DECISION MAKER
10. RISK TAKER
WHAT MAKES A GREAT PRODUCT MANAGER?
★ Customer centric
★ Curious
★ Try and learn
★ Creative
★ Problem solver
★ Entrepreneurial
★ Communicator
★ Decision maker
★ Risk taker
When you need to improve an existing product?
★ Test Jay-Z’s customer centricity
When there’s plenty of ‘unknowns’
★ Test Jay-Z’s curiosity
When you’re starting from scratch?
★ Test Jay-Z’s ability to try and learn and be creative
WHAT WOULD JAY-Z DO?
IMPROVE AN EXISTING PRODUCT
JAY-Z WOULD LISTEN
CC: Ash Maurya
AND LEARN FROM CINDY ALVAREZ
WHEN THERE’S PLENTY OF UNKNOWNS
JAY-Z WOULD EXPLORE & UNDERSTAND
CC: Alex Osterwalder / Strategyzer
AND LEARN FROM ALEX OSTERWALDER
START FROM SCRATCH
JAY-Z WOULD START SMALL
CC: Peter Merholz
AND LEARN FROM JEFF & JOSH
When things aren’t going to plan?
★ Test Jay-Z’s problem solving ability
When it’s down to you to lead?
★ Test Jay-Z’s entrepreneurialism
When you have a tricky stakeholder chat?
★ Test Jay-Z’s ability to communicate
WHAT WOULD JAY-Z DO?
THINGS AREN’T GOING TO PLAN
JAY-Z WOULD PAUSE, LISTEN AND GO AGAIN
“You plannin’ to bang, I’m plannin’ to bang too
You sayin’ my name, inter — —-[messes up]
HOLD ON [pauses]
You plannin’ to bang, I’m plannin’ to bang too
You sayin’ my name, entertain your crew
I ain’t playin’ no games ———“
Don’t be afraid to mess up:
★ Listen
★ Observe
★ Adapt
★ Improvise
★ Correct
★ Try
★ Discover
And again, again and again!
AND LEARN FROM FRANK J. BARRETT
IT’S DOWN TO YOU
“I’m not a businessman. I’m a business, man.”
JAY-Z WOULD STICK HIS NECK OUT
AND LEARN FROM STEPHEN R. COVEY
TRICKY STAKEHOLDER CHAT
JAY-Z WOULD LISTEN AND PAUSE
Listen for reasoning (inner thinking):
★ What’s going through Ye’s mind?
Listen for reactions (emotions):
★ How does Ye respond?
Listen for guiding principles:
★ What’s the underlying belief or philosophy that drives Ye?
AND LEARN FROM WALKER & GIBSON
When you need to influence lots of others?
★ Test Jay-Z’s collaboration skills
When a difficult decision is required?
★ Test Jay-Z’s decision making ability
When you need to take some serious risks?
★ Test Jay-Z’s approach to risk taking
WHAT WOULD JAY-Z DO?
INFLUENCING LOTS OF OTHERS
JAY-Z WOULD FOCUS ON CURRENCIES
CC: Allan R. Cohen and David L. Bradford
AND LEARN FROM COHEN & BRADFORD
DIFFICULT DECISION REQUIRED
JAY-Z WOULD ASSESS THINGS
Exactly what problem will this shoe solve?
★ People’s need for trendy footwear
How big is the opportunity?
★ It’s a $1bn industry and we could grab 20% market share
What alternatives are out there?
★ We could go with Nike and Adidas, or go it alone!
Reach:
★ At least 1m customers in the US alone
Impact:
★ If the shoe is successful, I can then branch out
Confidence:
★ Reebok know what they’re doing!
Effort:
★ Low effort to design and manufacture my first shoe
AND LEARN FROM MARTY CAGAN
AND LEARN FROM DONALD REINERTSEN
TAKING SERIOUS RISKS
JAY-Z WOULD FOCUS ON ‘UNKNOWNS’
What’s my riskiest assumption and why?
★ People pay for my streaming service
What’s my biggest unknown?
★ Can I put together a meaningful catalogue to stream?
What’s my next biggest unknown?
★ Can I get streaming rights for multiple regions?
CC: Dave Gray, https://gamestorming.com/pre-mortem/
AND LEARN FROM ASH MAURYA
WHAT WOULD JAY-Z DO?
★ Listen to customers
★ Explore and understand
★ Try and learn
★ Start small
★ Listen and pause
★ Focus on currencies
★ Assess things
★ Focus on ‘unknowns’
Improvise, top off the dome:
★ Listen, pause and build on what you’ve heard
★ Start with a sketch, improvise as you go
Take the plunge, go where others don’t go:
★ You can memorise key lines beforehand
★ Start small, measure, learn and act
Acknowledge the mess and go again:
★ Be honest about messing up
★ Pause to regroup, learn and try again
HOW YOU CAN BE MORE LIKE JAY-Z?
… AND FINALLY
“You learn more in failure than from success.”
“Don’t ever go with the flow. Be the flow.”
THANK YOU!
★ marc@mindtheproduct.com
★ @maa1 (Twitter & Medium)
★ marcabraham.com

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Why Jay-Z Would Make A Great Product Manager?

  • 1. WHY JAY-Z WOULD MAKE A GREAT PRODUCT MANAGER? Marc Abraham Chief Product Officer at Settled & Global ProductTank Coordinator •
  • 2.
  • 4. THE JAY-Z YOU DON’T KNOW
  • 5. THE JAY-Z YOU DO KNOW
  • 6. What makes a great Product Manager? ★ Jay-Z’s traits that make him a great PM What would Jay-Z do? ★ Putting Jay-Z’s PM skills to the test How you can be more like Jay-Z? ★ Key takeaways from Jay-Z’s approach WHY JAY-Z WOULD MAKE A GREAT PM?
  • 9. 3. TRY AND LEARN “I’m not afraid of dying, I’m afraid of not trying.”
  • 13. 7. COMMUNICATOR “Look, I apologize, often womanize Took for my child to be born, to see through a woman’s eyes Took for these natural twins to believe in miracles Took me too long for this song, I don’t deserve you”
  • 17. WHAT MAKES A GREAT PRODUCT MANAGER? ★ Customer centric ★ Curious ★ Try and learn ★ Creative ★ Problem solver ★ Entrepreneurial ★ Communicator ★ Decision maker ★ Risk taker
  • 18. When you need to improve an existing product? ★ Test Jay-Z’s customer centricity When there’s plenty of ‘unknowns’ ★ Test Jay-Z’s curiosity When you’re starting from scratch? ★ Test Jay-Z’s ability to try and learn and be creative WHAT WOULD JAY-Z DO?
  • 20.
  • 21.
  • 22.
  • 23.
  • 25. AND LEARN FROM CINDY ALVAREZ
  • 26. WHEN THERE’S PLENTY OF UNKNOWNS
  • 27. JAY-Z WOULD EXPLORE & UNDERSTAND CC: Alex Osterwalder / Strategyzer
  • 28. AND LEARN FROM ALEX OSTERWALDER
  • 30.
  • 33. AND LEARN FROM JEFF & JOSH
  • 34. When things aren’t going to plan? ★ Test Jay-Z’s problem solving ability When it’s down to you to lead? ★ Test Jay-Z’s entrepreneurialism When you have a tricky stakeholder chat? ★ Test Jay-Z’s ability to communicate WHAT WOULD JAY-Z DO?
  • 36. JAY-Z WOULD PAUSE, LISTEN AND GO AGAIN “You plannin’ to bang, I’m plannin’ to bang too You sayin’ my name, inter — —-[messes up] HOLD ON [pauses] You plannin’ to bang, I’m plannin’ to bang too You sayin’ my name, entertain your crew I ain’t playin’ no games ———“
  • 37. Don’t be afraid to mess up: ★ Listen ★ Observe ★ Adapt ★ Improvise ★ Correct ★ Try ★ Discover And again, again and again!
  • 38. AND LEARN FROM FRANK J. BARRETT
  • 39. IT’S DOWN TO YOU “I’m not a businessman. I’m a business, man.”
  • 40. JAY-Z WOULD STICK HIS NECK OUT
  • 41. AND LEARN FROM STEPHEN R. COVEY
  • 43. JAY-Z WOULD LISTEN AND PAUSE Listen for reasoning (inner thinking): ★ What’s going through Ye’s mind? Listen for reactions (emotions): ★ How does Ye respond? Listen for guiding principles: ★ What’s the underlying belief or philosophy that drives Ye?
  • 44. AND LEARN FROM WALKER & GIBSON
  • 45. When you need to influence lots of others? ★ Test Jay-Z’s collaboration skills When a difficult decision is required? ★ Test Jay-Z’s decision making ability When you need to take some serious risks? ★ Test Jay-Z’s approach to risk taking WHAT WOULD JAY-Z DO?
  • 47. JAY-Z WOULD FOCUS ON CURRENCIES CC: Allan R. Cohen and David L. Bradford
  • 48. AND LEARN FROM COHEN & BRADFORD
  • 50. JAY-Z WOULD ASSESS THINGS Exactly what problem will this shoe solve? ★ People’s need for trendy footwear How big is the opportunity? ★ It’s a $1bn industry and we could grab 20% market share What alternatives are out there? ★ We could go with Nike and Adidas, or go it alone!
  • 51. Reach: ★ At least 1m customers in the US alone Impact: ★ If the shoe is successful, I can then branch out Confidence: ★ Reebok know what they’re doing! Effort: ★ Low effort to design and manufacture my first shoe
  • 52. AND LEARN FROM MARTY CAGAN
  • 53. AND LEARN FROM DONALD REINERTSEN
  • 55. JAY-Z WOULD FOCUS ON ‘UNKNOWNS’ What’s my riskiest assumption and why? ★ People pay for my streaming service What’s my biggest unknown? ★ Can I put together a meaningful catalogue to stream? What’s my next biggest unknown? ★ Can I get streaming rights for multiple regions?
  • 56. CC: Dave Gray, https://gamestorming.com/pre-mortem/
  • 57. AND LEARN FROM ASH MAURYA
  • 58. WHAT WOULD JAY-Z DO? ★ Listen to customers ★ Explore and understand ★ Try and learn ★ Start small ★ Listen and pause ★ Focus on currencies ★ Assess things ★ Focus on ‘unknowns’
  • 59. Improvise, top off the dome: ★ Listen, pause and build on what you’ve heard ★ Start with a sketch, improvise as you go Take the plunge, go where others don’t go: ★ You can memorise key lines beforehand ★ Start small, measure, learn and act Acknowledge the mess and go again: ★ Be honest about messing up ★ Pause to regroup, learn and try again HOW YOU CAN BE MORE LIKE JAY-Z?
  • 60. … AND FINALLY “You learn more in failure than from success.” “Don’t ever go with the flow. Be the flow.”
  • 61. THANK YOU! ★ marc@mindtheproduct.com ★ @maa1 (Twitter & Medium) ★ marcabraham.com