The Product Manager's Handbook 4/E Review

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The Product Manager's Handbook 4/E ReviewAs a new product manager, I found this book quite useful as an overview of what is to be expected of a product manager. The book covers the roles, skills, and expectations of the product manager, covers the different organizational structures that cover product management, and uses detailed examples to show how those functions work in practice.
My only criticism is that it is a broad overview, and as such some of the areas (branding, for example) are covered very briefly. This book probably won't teach anything to the experienced product manager, but it might be useful as a reference to how other companies approach product management.The Product Manager's Handbook 4/E Overview

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Managing Product Management: Empowering Your Organization to Produce Competitive Products and Brands Review

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Managing Product Management: Empowering Your Organization to Produce Competitive Products and Brands ReviewThere are many books about product management, and the web is full of articles on the subject. This is the first book I've read that takes a truly holistic view of what I would call the "science" of product management, and then presents it in a way that, if embraced, empowers senior product leadership to understand the state of their teams and enact changes that will result in a much more efficient, productive and frankly, happier, product organization -- resulting in better products, more quickly, and presumably at a more competitive cost. Furthermore, this book has many great "case study"-type examples, and its lessons can be applied to numerous industries, in contrast to many books on the topic that are either focused on software development or, at the other end of the spectrum,consumer products.
I highly recommend this book.Managing Product Management: Empowering Your Organization to Produce Competitive Products and Brands Overview

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If You Build It Will They Come: Three Steps to Test and Validate Any Market Opportunity Review

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If You Build It Will They Come: Three Steps to Test and Validate Any Market Opportunity ReviewMy colleague and friend Rob Adams has written this great book about how to evaluate opportunities. All the books about the philosophy of entrepreneurship are great, but we need more hands-on advice. I see folks who want to be entrepreneurs every day, and often they don't know where to start. I urge them to become as much an expert on the industry as possible, above all else "find a need and fill it." Then talk to potential customers, get inside their heads and inside their lives, listen to them! So Rob was preaching to the choir when I got into his book. Virtually any entrepreneur -- including and perhaps especially non-profit and social entrepreneurs -- will advance their chance of success by studying Rob's patterns of thoughts and actions as described in this book. The table of contents tells you what you need to know to understand how this book can help you.If You Build It Will They Come: Three Steps to Test and Validate Any Market Opportunity Overview

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The Product Manager's Desk Reference Review

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The Product Manager's Desk Reference ReviewThe Product Manager's Desk Reference is a comprehensive reference for the product management process, useful for anyone who works in product management and product marketing.

The PMDR's The Product Master Plan is the 'plan of record', considered an anchor, an archive, and a point of reference for people who may come and go. The chapters on Leadership, Cross-Functional Teams, and Decision-Making are well-presented. Haines offers valuable guidance about finance for product managers who have no formal training in this discipline.

The second module, Making the Market Your Primary Focus, includes discussion of Industry & Competitive Analysis, Segmentation, Forecasting, and Strategic Planning, with clear explanation and practical tools such as The Customer Visit Plan Template in the segmentation chapter.

The third module's sections on The Start of the Product's Journey and the New Product Development Process are practical. The Business Case chapter and the Marketing Plan for the Product are well-organized and applicable.

The fourth module, Continuing the Product Journey: Post-Launch Product Management, considers what happens after the product is in the market. Haines offers auditing techniques after the launch, as well as a logical way to 'run the business of the product'. These tools enable re-strategizing, re-planning, and overall financial and market optimization. The chapter on Life Cycle Product Portfolio Management considers products as investments, and efficient ways to evaluate how products contribute to the business, across individual life cycles. Haines also offers practical guidance for product discontinuation.

The end of each chapter includes a section called Raise Your Product Management Experience Quotient, offering helpful tips and tools for product mangers. The book is easy-to-read, accessible, and well-organized. This is a worthwhile reference for anyone in product management or product marketing.
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Inspired: How To Create Products Customers Love Review

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Inspired: How To Create Products Customers Love ReviewIt is a pity that there are only 5 stars to award the maximum appreciation for this book. There are a number of achievements that deserve, alone, five stars.
First, Marty Cagan clearly states what qualities a Product Manager must have. Not everyone is talented to be a Product Manager. The author lists unmeasurable traits, such as product passion, customer empathy, innate intelligence (there is no substitute for it, we learn), ethics, integrity and confidence. The latter is very important as the entire teams in engineering and marketing must be kept inspired. This leads to the corollary that simply training a person to be a Product Manager is not enough. One must know when an unsuitable person must look for other positions. This is something uncommon, to consider what many view a process driven function to a talent.
Second, the book asks where to place the Product Manageent function. In Engineering? In Marketing? There is a distinction between a Product Manager and Product Marketing Manager. As veteran product manager myself, I know the challenges to be part of engineering. Engineers are sometimes suspicious of marketing and their product manager becomes the "piñata" everyone beats in frustration. As part of Marketing, there is tendency to follow release processes and create demands engineering can not deliver in a logical way. Marty advocates the creation of a Product Council with equal rights as engineering and marketing
Marty says a successful product manager sees himself as the CEO of the product. This is absolutely true, but unfortunately the Directors of Engineering and those of Marketing, also see themselves as CEOs. As long as an independent product council does not exist, the product manager must be a CEO with zero authority. S/he must be a diplomat and shrewd negotiator before he can be a CEO. Yet the true blue blood product manager is the one whose skills are required for start up.
As startup is usually a one product or service company. Chapter 28 is dedicated to product management in a startup company. The challenge is a new start up is started with an idea that comes from engineering. However we must have the right product for the right audience, before "before burning through $500,000 or more in seed funding".
Every aspect of the product management function is presented.
I am an alumni of UC Berkeley Haas School Product Management executive program, one of few, if not the only program dedicated to Product Management. Berkeley program talks of portfolio management. What products to release, how many are completely new and how many are new releases of older or even very old products?
It all depends on the risk tolerance. A products portfolio must include new high risk, lottery-like winning products. This is what made Silicon Valley, Silicon Valley. After reading Marty Cagan, every professional team all over the world can produce "inspired" products. Silicon Valley and it's personalities now share all they know. But what is a low probability to create outside Silicon Valley is another Google. The Google Sequoia Capital VC's made more money in Google than all the rest of the portfolio combined over the last 20 years.
Another topic that I would have liked to see expanded in a next edition is pricing. How do we price the products in such a way that we do not leave money on the table? But this is another subject. Marty's book is both educational and thought provoking. The book self published by Silicon Valley Product Group, the company of Marty Cagan, went beyond the goal of being a reference for it's prospective v customers. It is THE BOOK for of product management, a must-read for anyone.
The idea of the product manager as a creator with talent and passion I advocated for years in my blog, "The memories of a Program Manager". It is re-assuring to see the same sentiments shared in the more comprehensive, practical and sensitive book of Marty Cagan..Inspired: How To Create Products Customers Love Overview

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