Monthly Archives: July 2008

July 24th, 2008 Systems posted by dmerritts View Comments

Innovator’s Dilemma

Knowing when to launch a new product is tough. Is it ready? Does it work? Will they buy it? You must find the right point where the product is good-enough. If it’s too good, you’ve lost timely revenue because you could have launched it earlier. What is good-enough depends on your customer. In the web world, the customer is pretty forgiving. (Com’on Gmail is still in Beta; Twitter is up only slightly more than down; EC2 and other SaaS are at 2 or 3 9′s.) And, it’s better to get it out there to get feedback in the wild-wild-web. You …

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July 23rd, 2008 Systems posted by dmerritts View Comments

Top 5 Product Management Mistakes

Product managers (PM) are stuck in the middle of a lot of activities. This makes PMs prone to making mistakes because ensuring priorities are always maintained is challenging. Great PMs are focused context switchers with strong system awareness (i.e., able to see the whole picture, even when deep in one task). There is a constant pull on time and it’s easy to get caught up in one task and ignore others. In my opinion, the top 5 mistakes most PMs (myself included occasionally) make are failing to do the following: 360ยบ Communication :: PMs must act as the communication hub …

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