Receive a hand picked list of the best reads on building products that matter every week. Curated by Anders Toxboe. Published every Tuesday.
The best resources on Strategy.
Steve Blank: The three horizons are not bound by time. Horizon 3 ideas – disruption – can be delivered as fast as ideas for Horizon 1 – existing products.
How to figure out a plan for your product?
Most companies fall into the trap of thinking about Product Strategy as a plan to build certain features and capabilities.
When feature bloat can hurt more than help your business goals.
What is Jobs to be Done (JTBD)?
Everyones a maker –were seeing a wave of powerful no code tools enter the market.
AI could just replace a product manager all together –but to begin with: make it much more fun
Pricing is difficult in the early stages of a business. You have neither minimal information on the value your product provides nor your customers capacity to pay.
What makes a vision compelling?
You need to constantly be building for that next user that doesn’t have the same level of knowledge, intent, or needs that you, your team, and your power users already have.
Prevent your company from wasting time and money on poor opportunities understand what will be required to succeed with good opportunities.
How the people behind the roles that shape your world think.
Success does not come from a god-given opinion smarter than everyone elses. Success is in our ability to recognize what we don't know, and in our ability to apply the scientific process to discover empirical truth.
Startups are more likely to find product/market fit by narrowing their target demographic, understanding customer needs/benefit better, and building more focused differentiated products.
4 key Principles for Enterprise Product Success
The traditional startup funnel is broken - by Ash Maurya
We’ve done everything right, we’ve user tested the site, had an open beta for users to test, we’ve A|B tested and it’s on par with the current version but our users HATE it, worst of all our CEO is ‘concerned’.
Aggregated DAU/MAU might be good for slideshows, but its a bad way to measure user behaviour and product performance.
1) Share power, 2) Prioritize relationships, 3) Leverage Heterogeneity, 4) Legitimize All Ways of Knowing, and 5) Prototype Early and Often.
Breaking down the characteristics of a good product.
It encourages new ideas. It focuses on learning. It frees up resources. It reduces risk at every stage. It is a great sanity check on your strategy.
Vision and strategy are foundational pieces without which even a good product cannot withstand the weight of its market.
A lesson from football on finding leading indicators in your data
Here’s how to de-risk it.
Why Business Outcomes Are Often Assigned to Product Teams
Agility is NOT measured in the amount of code we produce. Instead, its measured in the way we positively impact customer behavior (outcomes).
Move from tactical to strategic data with this strategic data analysis template
Interesting case study on using Teresa Torres' Opportunity-Solution Tree
Learn the first step of turning that data into an actual product.
Documenting your Product/Market Fit hypotheses
Learn how to express your startup vision with conviction.
Solve One Problem, For One Customer
The Process is the Product
Discuss validated customer insights and their impact on current and future product decisions.
Here's their formula: Its much better to have a couple of fast-moving teams duplicate effort than to have both of those teams lose days.
When we achieve a level of understanding such that the situation no longer appears complex, we can exercise logic and intuition effectively.
Truly agile teams enjoy the ability, desire and safety to respond to change over following a plan.