Business Model Canvas (BMC)- A new venture concept
Careers in Product Management: April 24, 2014
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2. Careers in Product Management
featuring:
Lewis Lin
evisors.com/expert/1436738
Former Director of Product
Management at Microsoft
Hosted by:
Caitlin Quan
Evisors Marketing & Operations Associate
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• PM roles and responsibilities
• Ideal PM resume
• PM interview tips
• FREE interview cheat sheet
Agenda
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My interview prep books…available on Amazon
PM Interviews Marketing Interviews
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What Product Managers “Can” Do
MarketingPM1 2
3
4
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What Product Managers “Say”They Do
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What Product Managers “Typically” Do
Understand
the customer
Develop
requirements
Prioritize
resources
Serve as
launch lead
Collect
feedback
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Understanding the customer
1. Name and alias
2. Problem quotes
3. Age, day in the life,
thoughts & feelings
4. Goals
5. Behavioral variables
1
2
3
4
5
Personas
Understand
the customer
Develop
requirements
Prioritize
resources
Primary POC
for launch
Collect
feedback
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Developing requirements
Understand
the customer
Develop
requirements
Prioritize
resources
Primary POC
for launch
Collect
feedback
As a <role>, I want <goal/desire> so that <benefit>.
Examples
As an administrator, I want to be able to add/delete/change
my boss’s schedule so that I don’t have to use his password.
As a Facebook user, I want to see out-of-town friends who
send status messages in my hometown first, so that I can
send them a note.
User stories
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Prioritizing resources
Understand
the customer
Develop
requirements
Prioritize
resources
Primary POC
for launch
Collect
feedback
User Story Revenue Customer
Satisfaction
Implementation
Difficulty
Overall
Story A 3 3 1 9
Story B 2 2 2 6
Story C 1 1 3 3
Prioritization matrix
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Serving as launch owner
Responsibilities
Manage project execution
Primary exec contact
Primary product contact
Primary press contact
Key documents
Product FAQ
Understand
the customer
Develop
requirements
Prioritize
resources
Primary POC
for launch
Collect
feedback
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Evaluating customer feedback
Lift P-Value
# of users completing signup -13.21% 0.02
Profile completeness +1.65% 0.01
# of users the posted +2.11% 0.05
# posts +4.85% 0.01
# of invites sent +2.36% 0.02
1 day retention +2.12% 0.07
7 day retention +1.08% 0.20
30 day retention N/A N/A
Understand
the customer
Develop
requirements
Prioritize
resources
Primary POC
for launch
Collect
feedback
A/B test: Adding “upload photo” to social network sign-up flow
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Day-in-the-life of a PM
8:15a Go through emails
8:45a Read TC; check out Nest UI
9a Review mock-ups with designer
10a Lead daily stand-up meeting
10:30a Check email
11:30a Customer call with sales team
12p Lunch meeting with market research team
1p Last minute prep for product roadmap review
2p Product roadmap preso to executives
3p Send out meeting notes to team
3:30p Lead eng. call with Google to discuss API implementation
4:30p Review A/B test results
5:30p Work on product roadmap & tweak product backlog
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Most hiring managers scan resumes in 6 seconds
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Interview Tip: Product Design Questions
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FREE one-page PM interview cheat sheet
Email
lewis@impactinterview.com
To Get Your Copy
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Buy on Amazon Kindle for $9.99
http://tinyurl.com/DecodeAndConquer
Buy the book for sample PM interview answers
20. Connect
Book your one-on-one session with Lewis at
www.evisors.com/expert/1436738
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Lewis Lin
Former Director of Product
Management at Microsoft
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