introducing the guide to the product management body of knowledge, prodbok

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Greg Geracie, President, Actuation Consulting Introducing the Product Management Body of Knowledge Guide (ProdBOK) 09.09.2013 http://StartupProduct.com

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The ProdBOK® Guide Is Available for Purchase on Amazon here: http://amzn.to/15nSR2L Today the product management community is a robust, thriving community of very intelligent and talented people that are rarely ever content with the status quo and who strive to change their industries and their organizations for the better. We face significant business challenges every day and develop thick skin and laser-like focus – necessary traits for success. Successful product managers have to be smart, flexible, and savvy leaders in spite of the fact, that unlike other professions, there is little academic training for product managers, so we are forced to learn as we go, and there is no industry consensus on what product management is and does. For the last three years approximately sixty of the industry’s leading product professionals banded together and contributed to the development of the ProdBOK Guide. The goal? To distill a collaborative cornerstone that can be built upon to ensure that the product management profession better supports the needs of the product community at large. Greg says, "It’s been a tremendous privilege to collaborate with a wide swath of industry thought leaders inside and outside of the product management community. Delighted to celebrate the publication of the ProdBOK with the global product talk community!" Replay of webcast: http://bit.ly/1aDT7fN Listen to Global Product Management Talk broadcast discussion: http://bit.ly/17jR2jg Accompanying storify bit.ly/18MFbKP tweets bit.ly/1azNZta ---------------------- PRODUCT BOOTCAMP SAN FRANCISCO! October 10 Workshop Day - get product chops in lean, UX and competitive strategy October 11 Startup Product Summit SF2 - one track, lightning talks and Afterparty October 12 ProductCampSF unconference - present your product, prototype, vote for topics & presentations Register today for best price at Startup Product Summit SF2 http://bit.ly/11fNVcU Product Bootcamp & Summit bundled options: http://bit.ly/1dbARcn ProductCamp SF Oct 12 standalone: $25 http://bit.ly/14Z9QIn Site: http://startupproduct.com

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Page 1: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

Greg Geracie, President, Actuation Consulting

Introducing the Product Management Body of Knowledge Guide (ProdBOK)

09.09.2013

http://StartupProduct.com

Page 2: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

Moderator, Cindy F. Solomon, is host of the Global Product Management Talk broadcast and founder of the Startup Product movement for product excellence. @cindyfsolomon

Speaker Greg Geracie, President, Actuation ConsultingEditor in chief of the Guide to the ProdBOKAuthor, Take Charge Product Management @greggeracie

http://StartupProduct.com

Page 3: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

http://StartupProduct.com

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© 2011 Actuation Consulting, LLC

Propel forward.

The Guide to the Product Management and Marketing Body of Knowledge (ProdBOK®)

A Conversation with Greg Geracie,

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© 2011 Actuation Consulting, LLC

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The material contained in this presentation is protected under the copyright laws of the United States. This material may not be reproduced in any form or by any means without the express

written permission of Actuation Consulting. Any infringement of these copyrights or trademarks will be prosecuted to the full

extent of the law.

© Actuation Consulting. All rights reserved.

The product management body of knowledge (ProdBOK)® is the property of The Association of International Product Marketing

and Management

©

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© 2011 Actuation Consulting, LLC

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Greg Geracie

• President, Actuation Consulting• Author of the global best seller

Take Charge Product Management

• Adjunct Professor at DePaul University’s College of Computing and Digital Media

• Editor-in-Chief of The Guide to the Product Management and Marketing Body of Knowledge

©

©

Page 7: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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Steven D. Eppinger• Professor Management Science

and Innovation at MIT• Holds the General Motors Leaders

for Global Operations Chair• Teaches interdisciplinary product

development courses• Co-author of another leading

textbook entitled Product Design and Development (5th edition) McGraw-Hill

• ProdBOK Guide co-editor

Page 8: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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What is the ProdBOK Guide?• About Body’s of Knowledge • Other well-known BOK’s

Why is a ProdBOK Guide Needed?• Blurry boundary lines• Support the profession’s evolution

Who was Involved in the BOK’s Development?• Contributors

Today’s Topics

®

Page 9: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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What is the ProdBOK Guide?

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Page 10: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward. A Cornerstone

• The language of the profession• Process groups used to

accomplish work • Information and tools that

help practitioners improve their effectiveness

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Body’s of Knowledge establish:

BOKs are living documents that evolve along with the profession.

Page 11: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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Universal Prerequisites of a BOK

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© 2011 Actuation Consulting, LLC

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Three Conditions

• A BOK must be sponsored by an industry association

• A BOK needs to incorporate a wide variety of industry voices to ensure a representative view of the profession

• BOKs typically require multi-year development efforts

Page 13: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Other Well-Known BOKs

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PMBOK BABOK SWEBOK

Page 14: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.The Benchmark for All BOKs

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• Dominant standard for the project management profession

• Over 3 million copies in circulation

• Professional membership has increased to over 334,000

Fueled the growth of the project management profession

Page 15: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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Why is a ProdBOK Guide Needed?

15Source: Take Charge Product Management © by Greg Geracie. All rights reserved.

Page 16: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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Poor Academic Adoption

Page 17: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Rite of Passage: Trial by Fire

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Page 18: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Fragmented Profession

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Page 19: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Examples

• Top ten product management books on Amazon written from one person’s perspective– Haines, Geracie, Cagan, Pichler, Gorchels,

Mironov, Lawley, McGrath, Dver • Lack of a standard definition for basic things• Rite of passage means practitioners need to

continuously reinvent the wheel• Confusion on which product management

skills are transferrable (from one vertical to the next)

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Page 20: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.The Result? Obstacles…

20Source: Take Charge Product Management © by Greg Geracie. All rights reserved.

Page 21: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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Who Was Involved in the Guides Development?

21Source: Take Charge Product Management © by Greg Geracie. All rights reserved.

Page 22: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Broad Industry Participation

A wide variety of contributors:• Sponsor: The Association of International

Product Marketing and Management (AIPMM)

• Principle Editors: Greg Geracie and MIT professor Steven D. Eppinger

• Contributors: 60 industry participants spanning: – Academics, analysts, associations, authors,

bloggers, consultants, thought leaders, and practitioners

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These contributions have come from around the world.

Page 23: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Academic Representation

Participation from academics at leading universities

• Including:– Cambridge University– DePaul University– The Massachusetts Institute of

Technology (MIT)– University of Calgary– University of Wisconsin

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Page 24: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Product Management

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Generous contributions from the global product management community.

Greg CohenTom Grant

Linda GorchelsSteve Johnson

Jeff LashLinda Merrick

Therese PadillaRoman PichlerScott Sehlhorst

Cindy F. Solomon

Adrienne TanDon Vendetti

And there are many, many more…

Page 25: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Cross-Discipline Participation

• Project Management– Duggal, Goff, Hanley, Heerkens, Lambert, Rothman, Saladis, and Starke

• Business Analysis– Brennan, Heidt, Hilty, Larson, and

McWhorter• User Experience

– Gunther, Smith, and Van Tyne

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Incorporated thought leaders from the adjoining professions too:

Tremendous participation and support!

Page 26: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Contributor Comments

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 “I immediately recognized the value to create an international standard to guide our profession, much as PMBOK has for the field of project management and BABOK has 

for the discipline of business analysis.” - Greg Cohen, 280 Group

“This document will become a vital addition to every project manager’s library and will sit proudly on the shelf next to the PMBOK.” - Lee Lambert, CEO, Lambert

Consulting Group

“…aligning terms and language between the ProdBOK, BABOK, and PMBOK will help the industry (at large).” - Richard Larson, President, Watermark Learning

“ We think that it's very important for the product management community to have a common reference point for the roles and responsibilities of product management. We expect it to help provide additional credibility to the product management function in 

organizations.” - Nick Coster, Partner, Brainmates

Page 27: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Summary

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• Honor to have led this industry-wide effort • Thankful for the strong support of so many

talented and dedicated professionals• Tackles several of the key challenges facing

the profession- Academic adoption- Lexicon- Portability of skills

Get your copy.

Page 28: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

Propel forward.Now Available at Amazon!

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Page 29: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

© 2011 Actuation Consulting, LLC

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Greg Geracie312.775.2373

[email protected]

om

Contact Information

Page 30: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK
Page 31: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

Product Bootcamp San FranciscoThree days of interactive learning, networking, experts and practitioners passionate about product excellence rubbing shoulders, sharing lessons, tools, perspectives, and key takeaways to implement immediately to forward their products, startups, innovation, networks and careers.

October 10-12, 2013Broadway Studios435 BroadwaySan Francisco, CAhttp://startupproduct.com@startupproduct

Sponsor options: http://startupproduct.com/call-for-sponsors/

Page 32: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

It starts with October 10 Product Bootcamp Workshop Day for people to get real product chops from understanding the competitive space to building great products the lean startup way.http://startupproduct.com/workshop-day/

8:30AM-12NoonGoing Beyond Google: Building Competitive Insights with Sean Campbell of Cascade Insights

1:00PM-6:00PMBuilding Great Products The Lean Startup Way with Dan Olsen, Product Ninja

October 10, 2013 Product Bootcamp Workshops

Page 33: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

October 11 is Startup Product Summit SF2 - a full day of lightning talks with product leaders, experts and visionaries sharing what they've learned to forward audience members in standing on their shoulders to propel their products and companies forward. Best price, register before Sept 15: http://bit.ly/1dbARcn

http://startupproduct.com/startup-product-summit/

Page 34: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

October 12 is Product Camp San Francisco! Everyone is invited to propose topics, give presentations, network, and create value throughout the day. Register: http://bit.ly/14Z9QIn

http://pcampsf.com @productcampsf

Page 35: Introducing The Guide To The Product Management Body of Knowledge, ProdBOK

Press, sponsorship & more information, contact: [email protected]

http://StartupProduct.com

Join the movement for product excellence.