how product managers decide what to build - productcamp silicon valley

15
How Product Managers Decide What to Build 7 Ways to Prioritize Jim Semick ProductCamp Silicon Valley March 2015

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Page 2: How Product Managers Decide What to Build - ProductCamp Silicon Valley

So many

opportunities.

How do you decide

the right ones for

your product

roadmap?

Page 3: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Challenges

Prioritizing details, not the big picture

Priorities not tied to strategic goals

Priorities driven by loudest execs

Priorities determined by sales

prospects

Stakeholders question priorities

Page 4: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Before You Start

Think high level and categorize Be Strategic (growth, satisfaction, etc.)

Group smaller initiatives into themes

Bring customer evidence to the table

Understand customer value

Have rough cost/effort

Page 5: How Product Managers Decide What to Build - ProductCamp Silicon Valley

7Prioritization Techniques

Page 6: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Value Versus Complexity

Complexity / Effort

Business

Value

High

High

Low

1 2

?

Page 7: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Value versus Complexity +

Weighted Scoring

Page 8: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Product Function

Customer

Delight

High

Fully Implemented

Low

Absent

Kano ModelCustomer Delight versus Product Function

Page 9: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Buy a Feature

1. List features

2. Assign a price

3. Hand out cash

4. Customers “buy” features

Page 10: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Gap Analysis /

Opportunity Analysis

Page 11: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Affinity Grouping

Photo credit: Doctordisruption.com

Page 12: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Story Mapping

Image credit: AgileBuddha.com

Page 13: How Product Managers Decide What to Build - ProductCamp Silicon Valley

The technique you choose is not

as important as…

…the conversation about priorities

…agreement on the criteria

…your product management skills

…helping others arrive at the same

conclusion based on evidence

Page 14: How Product Managers Decide What to Build - ProductCamp Silicon Valley

Getting Executive Buy-In

• Be transparent with execs about

your process - involve them

• Get agreement up front on

framework and goals

• Involve multiple stakeholders to get

different viewpoints on prioritization