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www.svpg.com | 1 The New Definition of Product Management Marty Cagan, Silicon Valley Product Group

The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

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Page 1: The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

www.svpg.com | 1

The New Definition of Product Management

Marty Cagan, Silicon Valley Product Group

Page 2: The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

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About Us

Our Mission:The Silicon Valley Product Group was created to share senior level experience and best practices with technology companies

Our Team:• Product Management

– Marty Cagan• User Experience Design

– Kyrie Robinson• Technology

– Marty Abbott– Chuck Geiger

• Marketing – Martina Lauchengco

Page 3: The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

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The Problem

• Most product releases fail to meet their objectives

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The Cause

• The core reason for most failed releases is the product manager

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The Old Definitions of Product Management

Silicon Valley Secrets

Page 6: The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

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Three Common Models

• Marketing-driven Product• Two People, One Role• One Person, Two Roles

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Marketing-driven Product

• Product Marketing “Gathers”Requirements and Documents for Engineering

DILBERT: © Scott Adams/Dist. by United Feature Syndicate, Inc.

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Two People, One Role

• Product Marketing– High Level Business Requirements

• Product Manager– Detailed Product Requirements

DILBERT: © Scott Adams/Dist. by United Feature Syndicate, Inc.

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Two People, One Role (Agile)

• “Product Manager”– High Level Market Requirements

• Product Owner – Detailed Product Definition Decisions

DILBERT: © Scott Adams/Dist. by United Feature Syndicate, Inc.

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One Person, Two Roles

• Product Manager tries to cover both:– Product Management– Product Marketing

Page 11: The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

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The New Definition of Product Management

Silicon Valley Secrets

Page 12: The New Definition of Product Management...The New Definition of Product Management Marty Cagan, Silicon Valley Product Group | 2 About Us Our Mission: The Silicon Valley Product Group

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The Product Manager

• The product manager, more than any other role, is ultimately responsible for the product’s success or failure.

– It doesn’t matter how great the rest of the team is if they aren’t given something worthwhile to build

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The Product Manager

• The job of the product manager is to discover a product that is useful, usableand feasible

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The Product Manager

• The product manager must have:– knowledge of the user– knowledge of the domain and market– knowledge of the technology

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The Product Manager

• Traits

- Product Passion- Smarts- Customer empathy- Hard-working- Confidence- Leadership- Great communication skills- Integrity- Unstoppable

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Product Marketing

Roles and Responsibilities

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Product Marketing

• Responsibilities include:

- Messaging and positioning- Pricing and promotions- Online marketing and customer acquisition- Influencer marketing- Sales tools and educating the channel

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Project Management

• Responsibilities include:

- Coordinating the resources on the team- Planning and scheduling- Project tracking and reporting

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Summary

• Remember:– It doesn’t matter how great you’re the rest

of your organization is if you don’t give the engineers something useful, usable and feasible to build

Your job is to discover that product

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