Posted by gopalshenoy on May 27, 2008
Has definition of leadership changed over the years - over the century? Countless books have been written on the concept of leadership - Amazon returns 263,761 results when you search for leadership - The 21 indispensable qualities of a leader, 21 irrefutable laws of leadership, leadership and the one minute manager and then another 263,718 more entries.
But who exactly is a leader? Have the skills needed by a leader changed over the years, over decades, over centuries? Tom Peters says it has not - his 4 minute video on this is worth watching (BTW, do you see a single Powerpoint slide in this video?). And I have to agree with Tom.
Good Product Managers exhibit strong leadership skills because they lead by influence and make their team members collectively achieve more than what each of them thought was possible.
Posted in business, leadership, marketing, product management | 1 Comment »
Posted by gopalshenoy on February 26, 2008
I have been a big proponent of online communities and social media - I have written at least two blog posts on this. So when the latest Business Week arrived with the main section titled “Consumer vigilantes” I could not put it down. The most interesting article among many dealing with social media was titled Love the customers who hate you. This is a must read. The net net of the article is captured in “…… Now don’t get mad at these people. Instead, help them get even with you. These angry customers are doing you a great favor. They care enough about your product or service to tell you exactly what went wrong. Other customers may just desert you and head to the competition. But these are telling you what to fix. Listen to them. Help them. Respond to them. Ask their advice—and they’ll give it to you.” - Enjoy reading.
Posted in business, customer experience, customer needs, customer service, leadership, marketing, product management, voice of the customer, word of mouth | 1 Comment »
Posted by gopalshenoy on January 11, 2008
Imagine that you have to make a business case to your upper management for a product/project you want to get funded. There are two ways a product manager can ask for this:
1) I need $$$$$ and XXXXX number of people to do this project?
2) I have this idea that I have vetted with customers and prospects, here is the total size of the market, this will help us move the business forward, this would establish us as a market/thought leader, here is potential revenues we could bring in, what do you think and do you agree we need to do it?
Which do you think is going to be received well? Of course answer 2 (provided you have done enough research). The obvious question that will be asked would be - what would it take? And the answer is 1). But going in there with guns loaded just with 1) is not going to get anywhere.
The other benefit with 2), is you are asking for input whether it is the right thing to do - you are engaging your management to help you make the decision. Once you have the buy in that the idea/product is worth doing, they will open up for your justification for resources. But the common mistake made by product managers is doing 1) with no luck.
Posted in business, leadership, marketing, product management | Tagged: business, marketing, product management, product manager, productmanagement, productmanager, resources | No Comments »
Posted by gopalshenoy on December 11, 2007
As a product manager, you are quite busy doing product roadmaps, gathering requirements, working with cross functional teams, getting the messaging right,writing positioning statements etc. You are busy trying to do all the work with less time and resources available at your disposal. In the midst of this chaotic professional life, have you taken the time to evaluate how well you are doing growing your career, building value for yourselves such that your market value is increasing? Yes, the first and foremost thing we should focus on is building value to our employers (that is what we get paid for), but it is also important that you spend time adding value to yourselves. After all, I doubt that most of us want to do the same thing and work for the same employer for the rest of our working lives .
One technique that is useful is creating an honest assessment of the one product you are in full control of - YOU!!. The way I did it the other day was to create a list of all the skills an ideal product manager should have (if you don’t know the full list, read a bunch of job descriptions for product managers in your industry and look at the requirements or skills being asked for and then create the list) and then made a honest assessment of where I currently stood on a scale of High, Medium and Low (High = strong, Low = weak). I also did an assessment of what my personal interest is for each of these skills. For example, as a product manager, one is required to help legal with contracts - I consider this as a necessary evil that I as a product manager has to live with, but not something I want to get very good at. On the other hand, product positioning or market sizing is something I have great interest in and should have a strong skill.
Once you do this exercise, your strengths (High skill set, high interest) and weaknesses (low skill set, high interest) is going to stare at you. Now you need to create a roadmap on how you are going to work on your weaknesses and figure out what projects you may want to take on (read “initiative”) at your current employer to add more value to your employer and yourselves.
I have done mine and found this very useful and I intend to use this once a year to evaluate my progress and analyze the State of “Me” going forward. The above technique can be used by anyone - engineers, scientists, doctors etc. and not just product managers.
Posted in business, career development, leadership, marketing, product management | Tagged: business, marketing, product management, product manager, self analysis, skill analysis, skill set | 2 Comments »
Posted by gopalshenoy on September 17, 2007
Over the last week, I cannot tell you how embarassed I have been to say that I am a New England Patriots fan? I have loved the Patriots since I moved to Boston in 1996. Them going to the Super Bowl my very first year here in Boston helped of course (though they did not win it all that year). Then came the 2001, 2003 and 2005 seasons where they won it all. The last couple of years were heart breaking, but there was something about this team that made it everyone’s envy. The attention to every detail, the team camaraderie and the strong work ethic of coach Bill Belichick who was called a genius by everyone. Then all of this fell right apart this last week with what has now become famous “videogate”, “spygate”, “cameragate” ….
All the respect I had for coach Belichick went right out of the window when I first heard about the spying episode. I was mad not just because he cheated but because I never understood why he had to do it. Here was a team that was retooled with some of the best offensive weapons and favored heavily to win it all again this year. Why would the so called genius, such a great leader who could bring out the best out of his players, falter by making such a stupid decision to stoop so low. I even thought of not watching last night’s game against the Chargers, but then it is difficult to keep me away from a football game.
What transpired last night completely surprised me . The team rallied around their coach in what I consider to be one of the best Patriots game I have watched in the last 11 years. Both the offense and defense had an air around them that they had something to prove. They brought their best game all for their wounded coach and leader. The San Diego Chargers unfortunately did not stand a chance right from the word go. At the end of the game, they even gave Belichick the game ball to express their support.
This is to me is what great teams are made of. I still do not approve of Belichick’s unethical ways and I don’t think I ever will. But as a product manager, I am very impressed how the team rallied around their wounded leader to pick him up when he was down. Maybe that is what true teams are made of. It would have been very easy for the team to throw stones at their own glasshouse, but no - what they did last night is probably what sets the Patriots apart from the rest of the league.
After all, it is what it is. They moved on and continued doing what they do best - winning football games.
Posted in business, leadership, marketing, product management, team communication | No Comments »