blog Product Strategy

Waterfall or Iterative Methodology?

 

A debate has been raging for the past few years about the right way to build software products.  There are essentially two schools of thought and the two are pitted against each other with as much conviction and animosity as a presidential election.  And much like a political or religious debate, neither side seems to [...]

What is a Product Manager?

 

The product manager is the person inside the organization who is responsible for the definition, development, maintenance, optimization, and ultimately the success of a product.  They are the glue between the product development team (engineering) and the marketing team. Many companies are still organized around the management of people, but in recent years there has [...]

Build In Switching Costs

 

Let’s say that you have come up with a game-changing product concept or service offering, and you’ve done a little market research and validated that the market demand exists and profit margins are healthy – fantastic!  But think ahead!  There will be a day in the not-too-distant future when competition begins to mount against you [...]

Test Your Ideas Early & Often!

 

One of the core principles of the Lean methodology is to validate “product/market fit” as early in the process as possible.  Historically, a business would define a budget, create a product, and put it on the market and hope for the best.  Typically this worked fine since we were living in a supply-driven economy wherein [...]

Lean is Lovely!

 

Did I catch you with that title?  Perhaps not what you thought, but an eye-opening topic nonetheless! There is a movement called Lean, that has been happening among internet startups in the Silicon Valley for a few years now.  It aims to solve the central problem that plagues most startups – how to arrive at [...]

Beware of Network Effects

 

Metcalfe’s Law states that the power of a network is proportional to the square of the number of users connected to that network.  It was originally calculated in the 1980s by George Glider regarding telecommunications networks and later attributed to Robert Metcalfe.  It has been referenced extensively for social networking sites during the web 2.0 [...]

3 Business Model Personalities

 

In a recent post, I did an in-depth discussion of 3 primary business models online.  I think that probably needs a little more fleshing out.  Anyone astute in this topic would surely object that there are only three models, so let me explain a bit more what I mean. I spent a bit of time [...]

Comparing Business Models

 

Recently I spent some time contemplating business models that might make sense for someone with online skills, but starting out on their own.  I believe there are 3 main models worth discussing though probably a myriad of variants and hybrids one can derive from them.  In this post, I discuss the structure and dynamics of [...]

Web 3.0 Has Already Begun!

 

Web 3.0 has begun and its not what you think.  I don’t think many people realized what Web 2.0 was until we were at the height of it, and already seeing the capabilities that had been set out years before it. But imagine if we had all realized in 2001 what was possible and all [...]

Sometimes Ugly is Better

 

Sometimes ugly design works.  Like nails on the proverbial chalkboard for any graphic designer, but it is true!  I have heard it repeated numerous times over the years but it wasn’t until I saw a couple first-hand examples, that I finally understand this quirky nuance of user experience. A number of years ago there was [...]