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- Weekly Newsletter - 11th September 2024
Weekly Newsletter - 11th September 2024
Exploring Product Excellence, Product Design, and Unconventional Wisdom in Tech Management
SecretCPO
September 11, 2024
🚀 Ready to revolutionise your product management approach? Dive into the world of Product Trios with Botify's transformative journey! 🌟 Discover how working in trios—combining product managers, designers, and tech leads—can supercharge your team's efficiency and innovation.
💡 Curious about how this model can benefit your team? Check out their story and start your own transformation today!
Top Reads
Business Growth by Lennys Newsletter
Sean Ellis, a pioneer in growth hacking, shares insights on product-market fit, activation strategies, and AI's impact. He explains the Sean Ellis Test, the ICE framework, and the importance of selecting a North Star metric. His advice includes focusing on activation, engagement, and refining growth strategies over time.
Product Management by Product Talk
Botify transitioned to product trios to enhance collaboration and efficiency. This shift involved redefining roles, improving communication, and focusing on outcomes rather than outputs. The change led to better goal-setting, stronger roadmaps, and a unified team approach, ultimately resulting in more successful and less error-prone products.
Product Management by Ravi Mehta
Ravi Mehta, former CPO at Tinder, shares insights on crafting effective product strategy documents. Key takeaways include using wireframes for clarity, adopting NCTs over OKRs for goal setting, understanding the "Shape of a PM" framework, and practising selective micromanagement to ensure alignment between strategy and execution.
Product Management by Product Collective
Product Vision and Mission are essential for guiding product teams, aligning efforts, and driving innovation. A compelling vision paints a future state, while a mission provides present-day purpose. Together, they enhance decision-making, foster alignment, and inspire teams, transforming abstract concepts into actionable frameworks for success.
Industry News
Finance Insights by Product Coalition
Wells Fargo partnered with FinTech startup Bilt to attract Millennials through a rent rewards card. However, financially savvy Millennials exploited the card's benefits, costing Wells Fargo up to $120 million annually. The article explores the strategic missteps and financial implications of this partnership, offering insights into the credit card industry.
Automotive Industry by BuiltIn
General Motors is revolutionising the automotive industry with its new intelligence platform, enhancing driver experience through advanced infotainment solutions. Led by Mike Hichme, the team developed a seamless, self-updating system integrating maps, music, and EV features. This innovation exemplifies GM's one-team approach and commitment to technological advancement.