HOW TO DRIVE SMARTER PRODUCT...

12
HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson, CEO at Alpha

Transcript of HOW TO DRIVE SMARTER PRODUCT...

Page 1: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

HOW TO DRIVE SMARTERPRODUCT DECISIONSWITH AGILE RESEARCH.

By Thor Ernstsson, CEO at Alpha

Page 2: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Hello, I’m Thor.

Page 3: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

The product manager’s job:• learn faster• launch faster• build a billion dollar business

Your job:• agile research

Page 4: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

We’re all doing research, so what’s different?

DAY ONEModernAgileModel

LEGACYTraditionalWaterfallModel

High-velocity decision-making

Decisions are reversible

Disagree and commit

Gated decision-making

Decisions are irreversible

Consensus required

Page 5: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Agile organizations are replacing legacy businesses because they...

Iteratequickly

Optimize fordecision making

Rapidly experiment

Page 6: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Lessons learned across startups and F100s are often the same…

Page 7: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

It comes down to how you inform decision-making.

AgileResearch

ProductDecisions

AgileDevelopment

QUICK & COLLABORATIVE

Market Research

Technical Specs

Build &Launch

SLOW & SILOED

VS.

Page 8: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Change the organization’s mindset, beginning with key stakeholders

Bias to plan à Bias to act

Comfortably predictable à Uncomfortably unpredictable

Upfront exhaustive research à Iterative experimentation

Page 9: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Be a strategic partner to the product teams

Fully-engineered products à Interactive prototypes

Live products & existing users à Simulated environment

Large scale studies à Rapid turnaround, iterative experiments

Page 10: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Be ruthlessly outcome-oriented instead of process-oriented

Research studies à Data points to iterate on

Traditional methodology à Modern product management

Throw findings over a wall à Simple narratives and emails

Page 11: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Follow Alpha for more resources on agile research

Medium.com/PMInsider

ThisIsProductManagement.com

AlphaHQ.com/blog

Page 12: HOW TO DRIVE SMARTER PRODUCT DECISIONSinsightinnovation.org/wp-content/uploads/2017/06/NA/Thor.pdf · HOW TO DRIVE SMARTER PRODUCT DECISIONS WITH AGILE RESEARCH. By Thor Ernstsson,

Thanks and enjoy Day One!