The Ideal Product Manager Comp Plan

NEWSeptember 2nd, 2010 by lindamerrick
Wouldn’t you love it if your boss asked you this question? In June, our Input survey asked you to tell us the components of the perfect compensation plan for a product manager. And you did - we maxed out the limit on our survey responses almost immediately! Here are the results.

The Stuff in the Middle

August 11th, 2010 by lindamerrick
I was having lunch with one of the other UW Software Product Management program instructors earlier this week, and the topic turned to roadmaps.  I was curious to know how his firm approached creating roadmaps.  Start/Finish, High/Low Are Covered Like one of the firms we recently worked with, roadmapping is not a regular activity.  Both firms were ...

Lies, Damn Lies and Roadmaps

July 20th, 2010 by lindamerrick
You know the drill… a key customer wants you and their Account Manager to show up and present your latest roadmap, so they can see when they’ll be receiving their long-awaited products or enhancement requests.  Of course, you did that nine months ago, promising said enhancement requests would be delivered… um… last month.  Ahem.  “Yes, well, ...

Leadership: When to Speak, When to Be Silent

June 29th, 2010 by marakrieps
Great product managers know when they should speak up and when they shouldn’t – a key leadership skill that comes with long experience.  But if you don’t have the long experience, how do you develop this skill? Verbal Leadership - The Right Time to Speak Up One of the ways that product managers make their leadership evident ...

Gaining Credibility with Executives

June 22nd, 2010 by marakrieps
In the circle of influence, what is your proximity to key executives or managers?  Do you have daily contact and/or rapport?  Or is your proximity infrequent, rare or non-existent?  If you struggle from a credibility gap, consider paying attention to the language that executives use.  Think of the executives who have influence over your product.  ...

Motivating the Cross-Functional Team

June 15th, 2010 by marakrieps
Probably the best and the worst things about cross-functional teams are that they’re … cross functional. They’re great because you get all those functional experts working together to make your product more successful.  But the bad news is that each person on your team already has a full-time job, and making time to work on your ...

Publishing Your Product Info Binder

May 28th, 2010 by lindamerrick
Now that you know the importance of a product information binder for your sales team and how to get started gathering the material, your next challenges are to distribute the information and get Sales to use it first, instead of calling you. Distributing the Information Most important – how does your sales team relate best to ...

Moving up, moving out

May 28th, 2010 by lindamerrick
Our April Input survey asked about your plans for your next role.  Your responses covered the spectrum, reflecting a “work hard, play hard” attitude.  Responses were distributed about equally between moving up and branching out, with a few focused on getting some serious down time.  But every respondent had a goal in mind – product managers are definitely ...

All Hail, the Product Info Binder

May 27th, 2010 by marakrieps
Is your popularity killing you? As a product manager, a great deal of your value resides in your customer, market and product knowledge, and so people should be seeking you out.  But if you find yourself fielding a lot of time-consuming and repetitive information  requests, consider the Product Info Binder.  This humble tool has the ...

HBR’s Top 10 “Must Read” Articles

May 21st, 2010 by lindamerrick
From what we’ve seen, Product Managers are avid readers.  So here are the top 10 “must read” Harvard Business Review articles, and all of them applicable to product management.  They include classics from Clayton Christensen, Michael Porter, Peter Druker, Kaplan & Norton, and Theoodore Levitt.  If you’re not a subscriber, you can buy individual articles via ...