Mastering Ownership Mindset: Unlocking Your Potential as a Product Manager.pdf
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The role Product manager plays in influencing leadership to become a product led company, to influence the cross-functional team on a unified product vision and empower ideation and alignment. Above all the mindset to think like an owner needs to be embodied at every step of lean development of a product to reach market fit - in delighting customers and meeting business outcomes.
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Mastering Ownership Mindset: Unlocking Your Potential as a Product Manager.pdf
- 1. Mastering Ownership Mindset: Unlocking Your Potential as a Product Manager by fmr VP Product Engineering at Cruise productschool.com
- 2. Accelerate your Product Management Career Certifications Product Manager Certification™ Product Leader Certification™ productschool.com/online
- 3. Team Training Level Up Your Team’s Product Management Skills productschool.com
- 4. Resources Free Product Management Resources Events Courses Podcasts Newsletters Communities eBooks and Reports productschool.com/resources
- 5. Mastering Ownership Mindset: Unlocking Your Potential as a Product Manager Bhavini Soneji BhaviniSoneji.com Consulting as Fractional CTO/CPO & Executive Coach ex-Microsoft, CTO Heal, VP Headspace, Cruise
- 6. Why this topic? Ownership Mindset gets the RESULTS!!!
- 7. My Journey BhaviniSoneji.com Consulting as Fractional CTO/CPO & Executive Coach ex-VP Product Eng Cruise, Headspace, CTO Heal & Ex-Microsoft Mentor @ Techstars, FirstRound, Plato, SheTO Love outdoors, and huge proponent of Mindfulness
- 8. Act like an “Owner” : 4 Strategic Pillars ● Product Led - Companies with a strategic Product Vision ● Work the problem - vs Fixating on Solution ● Look beyond your job role - Leading hard decisions across functions ● Walk your talk - Accountable for outcomes by Embracing Vulnerability
- 9. ➢ Product Led Work the Problem Look Beyond your job role Walk your talk
- 10. Product Led Companies have a strategic Product Vision ● Product Partners with Business: Moving Beyond Serving ● Investing in Becoming a Smart Business: Beyond Sustaining ● Integrating Product Vision into Company Strategy ALIGNMENT TRIANGLE
- 11. Disney “3 Strategy Pillars ● StoryTelling excellence - Focus on high-quality branded content ● Embrace technology to the fullest, seeing it as an opportunity, not a threat ● Become a truly global company with focus on our audience” By Robert Iger - Disney CEO PepsiCo “Performance with Purpose: Strategy ● tackling the obesity epidemic by improving the nutritional status of PepsiCo products ● making PepsiCo an environmentally sustainable company” By Indra Nooyi - ex-CEO PepsiCo
- 12. Owner learn how to influence leadership and drive the transition towards a product-led organization, aligning all stakeholders towards a shared vision that meets business goals.
- 13. Product Led ➢ Work the Problem Look Beyond your job role Walk your talk
- 14. Work the problem vs fixating on solution ● Starting with WHY and seeking Customer truth with 5 WHYs. ● Empowering eng: Collaborating with teams in Problem Ideation & Customer Engagement ● Driving Outcomes: Beyond Solution deliverables.
- 16. Owner starts with the WHY, brings the team along at the problem phase with a focus on driving outcomes rather than fixating on solutions.
- 17. Product Led Work the Problem ➢ Look Beyond your job role Walk your talk
- 18. ● Embracing a One Team Mindset: Product as the Glue. ● Collaborate beyond role boundaries vs finger pointing. ● Driving hard decisions with unified backlog and clear prioritization framework. SPHERE OF INFLUENCE Looking beyond your job role : Becoming Virtual leader
- 19. Solution Excellence “Empowered Product teams create solutions that are ● Valuable (our customers will buy the product and/or choose to use it) ● Viable (it will meet the needs of the business) ● Usable (so users can actually experience that value) ● Feasible (so the company can effectively market, sell, and support the solution)” - by Marty Cagan, founder Silicon Valley Product Group Decision Making To empower, decisions are pushed down to team level. One-way, Two-way door decision making: ● One-way door decisions are decisions that you can't easily reverse. These decisions need to be done carefully. ● Two-way door decisions can be reversed. You can walk through the door, see if you like it, and if not go back. These decisions can be made fast or even automated.
- 20. Owner transcribes beyond the functional boundaries with effective communication & frameworks to model ONE TEAM.
- 21. Product Led Work the Problem Look Beyond your job role ➢ Walk your talk
- 22. Be courageous to explore and say Don't Know Be vulnerable when hypothesis don't pan out, embrace learnings Be accountable, with grit to ideate and meet goals "Leadership is about recognizing that there's a greatness in everyone, and your job is to create an environment where that greatness can emerge." - Bill Campbell
- 23. Owners are Authentic with a great Attitude THINK BIG TRUST YOURSELF MAKE IT HAPPEN
- 24. Part-time Product Management Training Courses and Team Training productschool.com