Cauvin

Great product management requires a combination of learning, leadership, facilitation, and strategy skills.  To gain and maintain proficiency, new and experienced product managers alike can benefit from reading books on these topics.  My product management bookshelf includes a number of texts that never cease to benefit me.  I find myself referring back to the books to refresh my skills, rekindle my product management passions, and cite interesting passages to friends and colleagues. Here are some of the top books I recommend product managers read.  The books I'm listing aren't books on product management per se , but they cover skills essential for effective product management.  If you're an executive overseeing a product management or product team, consider buying these books for the team's product management bookshelf. 22 Immutable Laws of Marketing: Violate Them at Your Own Risk Al Ries and Jack Trout Follow @lauraries This classic book enumerat...

One invaluable tool that product managers use to understand markets is the prospect interview .  We identify prospective buyers and users who may share a common set of problems, and we conduct one-on-one interviews with them to probe their situations and dig deep into the challenges they face.  The situations and challenges inform our product strategy and decisions. If you're a company executive, you may be reluctant to empower your product managers to conduct interviews with prospects, as what happens during these interviews could potentially jeopardize a future sale.  Even if you have confidence in your product managers not to jeopardize a sale, you may view prospect interviews as a dubious way of gaining market understanding. Rest assured that prospect interviews will tend to foster trust and enhance future sales possibilities while providing a richer understanding of the market.  But only if product managers conduct them properly and avoid certain pitfalls. ...

Does your company suffer from product paralysis? Product paralysis occurs when progress halts on improving or innovating a product. At some point, you've probably experienced: A product team can't agree on major product decisions, so they concentrate on minor bug fixes and enhancements that have little or no market impact. Bold product decisions are made (often by members of the team that just happen to wield the most influence at the time), but the decisions come under fire and are put on hold shortly thereafter. Team members don't buy into product decisions, so they undermine them, stall their execution, or just aren't motivated to be productive in executing them. The most effective product managers - to the extent that company executives empower them to do so - employ three approaches to prevent product paralysis: Base product decisions on market understanding and marketing principles . Teams will not buy in to major product decisions unless they can make a compe...

Believe it or not, prospect problems and product positioning play only a small part in customers' decisions to purchase or use your product. The majority of obstacles to product adoption lie in the behind-the-scenes decision-making processes that people and organizations face. It's true I've dedicated many entries on this blog to pointing out that, to market and sell a successful product, you must develop it so that it: Solves problems that prospective customers face. Captures or "owns" a compelling position in the mind of the prospective customer. Many, if not most, products fail on both these counts. I've explained how the best product managers acquire market understanding and apply marketing principles to address these issues. Nonetheless, even products that solve problems and are well positioned often fail, because buyers weren't able to deal with change management issues that precede the purchase of a product. Prospects wishing to pu...