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- Weekly Newsletter - 18th September 2024
Weekly Newsletter - 18th September 2024
Exploring Product Excellence, Product Design, and Unconventional Wisdom in Tech Management
SecretCPO
September 18, 2024
🚀 Ready to elevate your product management game? 🌟 Discover how coaching founders to thrive as their companies scale can transform your leadership style.
From understanding the pitfalls of delegation to embracing the power of Founder Mode, this is your guide to becoming a visionary leader. Don't miss out on the last online SVPG Product Masterclass of 2024—early bird registration is now open! Secure your spot and lead your team to success.
Top Reads
Product Leadership by svpg
Marty Cagan's article, "Coaching Founder Mode," explores the critical concept of Founder Mode, a management style that balances deep involvement with strategic oversight. Cagan highlights the importance of coaching founders to become strong company leaders rather than replacing them with professional managers. He argues that founders possess unique insights and passion that are vital for a company's success, as exemplified by industry leaders like Steve Jobs and Jeff Bezos.
The article contrasts two prevalent management styles: Delegator Mode and Micromanager Mode. Delegators often fail to understand the intricacies of their business, leading to a lack of empowerment and alignment among teams. Micromanagers, on the other hand, stifle innovation by not trusting their teams to make decisions. Cagan advocates for a balanced approach where leaders immerse themselves in the details, ask probing questions, and coach their teams, thereby fostering a culture of empowerment and innovation.
Cagan also emphasises that Founder Mode should be cultivated in all product leaders, not just the CEO. This approach ensures that the company can scale effectively while maintaining its innovative edge. He cites examples from companies like Amazon and Apple, where deep engagement and a thorough understanding of the business at all levels have led to sustained success.
In summary, Cagan's article underscores the necessity of better management, not less, for empowering organisations. Founder Mode, characterised by a deep commitment to the company's vision and a hands-on approach, is essential for driving innovation and achieving long-term success.
Business Growth by Product Collective
Retention is crucial for long-term success, driving product-market fit and user lifetime value. Effective strategies include understanding retention metrics, leveraging data-driven insights, and fostering a retention-focused culture. By aligning product development and organisational efforts around customer retention, businesses can achieve sustainable growth and create indispensable products.
Business Management by BISinfotech
Alona Dobshynska, an experienced Product Manager, shares insights on staying ahead in product management through continuous innovation, embracing AI and machine learning, and obtaining relevant certifications. Her career highlights include launching successful cryptocurrency products and enhancing B2B programs, demonstrating the importance of proactive skill development and market adaptation.
Industry News
Enterprise Technology by CIO
Oracle has updated its Fusion Cloud SCM with AI-based features, enhancing user experience and productivity. New tools include production and maintenance supervisor workbenches, order management enhancements, and improved product lifecycle management. Additionally, an RFID-powered inventory management application aims to aid healthcare firms in tracking and replenishing supplies efficiently.
Cloud Market Analysis by UK Tech
Google and Amazon have criticised Microsoft's cloud practices, claiming they limit competition in the UK market. Google argues Microsoft's licensing restrictions favour its own services, while Amazon's AWS supports these concerns. The UK Competition and Markets Authority is investigating, with findings expected next year. Microsoft disputes these claims, citing market dynamism.
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