Live Broadcast: Hacking Innovation: What Innovators Really Do
Listen! http://bit.ly/1fm3bGB
Chad McAllister, PhD, Author, Innovation Hacker, Professor, Discusses Product Development And Innovation Insights From Interviews With Product Professionals And Business Owners From Large And Small Businesses
What do innovators really do? This is the question our speaker had in mind. To investigate answers, he set out on the road, traveling the US in an RV. Tune in to hear the insights and secrets gained from business leaders, innovators, and product development professionals.
“I’m excited to be in the San Francisco Bay Area to meet with passionate product people concerned with product excellence and innovation. Its an honor to be the first speaker to launch the Startup Product Silicon Valley community,” says Chad.
Chad McAllister joins host Cindy F. Solomon live at Studio132 for the Global Product Management Talk on Wednesday, March 12, 2014 at the simultaneous times of 10:00 AM Pacific Time, 11:00 AM MST Denver, 12:00 Noon CST Chicago, and 1:00 PM EST Boston.
About Chad McAllister
Chad McAllister was a boy who loved to take apart things to see what was inside – what made something work. Not too much of a stretch that he found a love for electrical engineering during college. After graduating, he worked with teams in small, large, and startup businesses developing products – new hacks that no one had seen before. Sometimes the products made customers into raving fans and sometimes it was left to him to pick up the pieces and figure out what went wrong. Along the way he returned to school, earning a PhD in business, to deepen his understanding of how to exceed customers’ expectations. He is also PMP certified and holds professional product innovation certifications from PDMA and AIPMM. He founded Product Innovation Educators to teach anyone how to turn ideas into products that create raving fans. Oh, and he is currently traveling the US in an RV exploring innovation.
Join us at http://tweetchat.com/room/prodmgmttalk automatically appends hashtag
Our format: we post questions Q1, Q2, Q3 Please answer using A1, A2, A3
Questions for Discussion:
PreQ: Please introduce yourself, where you are tweeting from & your involvement with #prodmgmt #prodmgmttalk
Q1 What can you learn about innovation from small business owners?
Q2 What are the key ingredients that drive innovation in successful organizations?
Q3 What is the one thing to do today to improve innovation success?
Q4 What’s it like to spend a year in an RV with your family (didn’t Robin Williams do a horror film about it?)
Q5 What do innovators really do – is it the same in big and small companies?
Q6 Can big companies apply lessons learned by small ones?
About Global Product Management Talk
The Global Product Management Talk is a top 10 business podcast on the BlogTalkRadio network. Regularly scheduled broadcast discussions of vital issues affecting professionals passionate about product excellence, product management, startups, marketing, innovation, and methodology. Hosted and produced by Cindy F. Solomon.
Follow @ProdMgmtTalk
Hashtag #ProdMgmtTalk
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Brought to you this week by:
Startup Product Academy, LLC
Forwarding product excellence and product leaders with innovative approaches and immersive, experiential learning opportunities, community and events.
Site: http://startupproduct.com
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News:
New from Startup Product Academy: Daily, Curated educational webcasts, webinars and free online events for your continuous learning. http://startupproduct.com/webcasts @webcastdigest
Show your love for the Global Product Management Talk! Donate support:http://bit.ly/1jxkn08 @startupproduct
Take the Survey of Product Team Performance before April 7 to get free white paper results. https://manage.questionpro.com
Announcing Startup Product Open – Oakland, an innovative unconference Saturday, March 29, 2014 for passionate product people & teams Register today for early bird pricing http://bit.ly/1fcHDA3
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Music courtesy of @BlameSally available at
Broadcast recorded live at Studio132 by BZLewis http://www.studio132.com
————————
Disclaimer
Specifications are subject to change, without notice. While due caution has been exercised in the production of this document, possible errors and omissions are unintentional.
Live Broadcast: Hacking Innovation: What Innovators Really Do w/Chad McAllister, PhD
Listen! http://bit.ly/1fm3bGB
Chad McAllister, PhD, Author, Innovation Hacker, Professor, Discusses Product Development And Innovation Insights From Interviews With Product Professionals And Business Owners From Large And Small Businesses
What do innovators really do? This is the question our speaker had in mind. To investigate answers, he set out on the road, traveling the US in an RV. Tune in to hear the insights and secrets gained from business leaders, innovators, and product development professionals.
“I’m excited to be in the San Francisco Bay Area to meet with passionate product people concerned with product excellence and innovation. Its an honor to be the first speaker to launch the Startup Product Silicon Valley community,” says Chad.
Chad McAllister joins host Cindy F. Solomon live at Studio132 for the Global Product Management Talk on Wednesday, March 12, 2014 at the simultaneous times of 10:00 AM Pacific Time, 11:00 AM MST Denver, 12:00 Noon CST Chicago, and 1:00 PM EST Boston.
About Chad McAllister
Chad McAllister was a boy who loved to take apart things to see what was inside – what made something work. Not too much of a stretch that he found a love for electrical engineering during college. After graduating, he worked with teams in small, large, and startup businesses developing products – new hacks that no one had seen before. Sometimes the products made customers into raving fans and sometimes it was left to him to pick up the pieces and figure out what went wrong. Along the way he returned to school, earning a PhD in business, to deepen his understanding of how to exceed customers’ expectations. He is also PMP certified and holds professional product innovation certifications from PDMA and AIPMM. He founded Product Innovation Educators to teach anyone how to turn ideas into products that create raving fans. Oh, and he is currently traveling the US in an RV exploring innovation.
Join us at http://tweetchat.com/room/prodmgmttalk automatically appends hashtag
Our format: we post questions Q1, Q2, Q3 Please answer using A1, A2, A3
Questions for Discussion:
PreQ: Please introduce yourself, where you are tweeting from & your involvement with #prodmgmt #prodmgmttalk
Q1 What can you learn about innovation from small business owners?
Q2 What are the key ingredients that drive innovation in successful organizations?
Q3 What is the one thing to do today to improve innovation success?
Q4 What’s it like to spend a year in an RV with your family (didn’t Robin Williams do a horror film about it?)
Q5 What do innovators really do – is it the same in big and small companies?
Q6 Can big companies apply lessons learned by small ones?
About Global Product Management Talk
The Global Product Management Talk is a top 10 business podcast on the BlogTalkRadio network. Regularly scheduled broadcast discussions of vital issues affecting professionals passionate about product excellence, product management, startups, marketing, innovation, and methodology. Hosted and produced by Cindy F. Solomon.
http://startupproduct.com/global-product-management-talk/
Follow @ProdMgmtTalk
Hashtag #ProdMgmtTalk
Follow Us on BlogTalkRadio http://bit.ly/nbw9Yr
Listen on iTunes http://bit.ly/silH98
Android App http://bit.ly/tEeWFx
Twitter @ProdMgmtTalk
Brought to you this week by:
Startup Product Academy, LLC
Forwarding product excellence and product leaders with innovative approaches and immersive, experiential learning opportunities, community and events.
Site: http://startupproduct.com
Twitter: http://www.twitter.com/startupproduct http://startupproduct.com/webcasts
News:
New from Startup Product Academy: Daily, Curated educational webcasts, webinars and free online events for your continuous learning. http://startupproduct.com/webcasts @webcastdigest
Show your love for the Global Product Management Talk! Donate support:http://bit.ly/1jxkn08 @startupproduct
Take the Survey of Product Team Performance before April 7 to get free white paper results. https://manage.questionpro.com
Announcing Startup Product Open – Oakland, an innovative unconference Saturday, March 29, 2014 for passionate product people & teams Register today for early bird pricing http://bit.ly/1fcHDA3
—————————————-
Music courtesy of @BlameSally available at
Broadcast recorded live at Studio132 by BZLewis http://www.studio132.com
————————
Disclaimer
Specifications are subject to change, without notice. While due caution has been exercised in the production of this document, possible errors and omissions are unintentional.
Pricing Experiments You Might Not Know, But Can Learn From
At the August 14 Startup Product Talks SFBay meetup, Teresa Torres, VP Product at AfterCollege, discussed critical insights derived from cognitive reasoning and brain science research during her presentation on How To Make Better Product Decisions During the Q&A, there was a discussion around pricing issues.
Colin Whooten posted:
“Great conversation last night, thank you everyone! Here is an excellent article on pricing that I thought many would find interesting, it provides a high level summary of a lot of different surprising observations and links to where you can learn more.”
By Peep Laja
Asking people what they’d pay for and how much rarely works;
1. people will tell you what they WANT to pay—which is obviously much less than what your product or service is actually WORTH.
2. what people say and what people do are very different things.
3. people really don’t know how much things are worth or what’s a fair price
4. People have trouble comparing different options
Dan Ariely’s book Predictably Irrational: The Hidden Forces That Shape Our Decisions and TedTalk: Are We In Control Of Our Own Decisions?
5. In our minds, physical magnitude is related to numerical magnitude.
6. Nothing is cheap or expensive by itself, but compared to something.
Suggestions
1. What’s the best way to sell a $2000 wristwatch? Right next to a $12,000 watch.
2. Start throwing out high numbers. Add some very expensive products to the selection (that you don’t even intend to sell).
3. If the final price of your service / product is a result of negotiations, start high.
4. If you’re competing on price, state how much others are charging before revealing your price.
Pricing Approaches
- Straightforward Pricing Ash Maurya in My Experiments in Lean Pricing back in Feb, 2010
- Pay What You Wish Smart Pricing: How Google, Priceline, and Leading Businesses Use Pricing Innovation for Profitability
- Offering 3 Options Priceless: The Myth of Fair Value (and How to Take Advantage of It)
- Neil Davidson’s ebook on software pricing Don’t Just Roll The Dice
If you want to charge more than the market average, look at the competition: how they package their offering; what’s the user experience like, and change that.
If you look like a new category, people are more likely to pay up.
On the other hand, if you can profitably sell something much cheaper than the other guys, great. Use their pricing as the reference point and you’ll win.
Consider more than price
About The Author
Peep Laja is an entrepreneur and conversion optimization expert. He’s been doing digital marketing for 10+ years in Europe, Middle East, Central America and the US. He has extensive experience across verticals: in the past he’s run a software company in Europe, an SEO agency in Panama, real estate portal in Dubai and worked for an international non-profit. Today he runs a conversion optimization agency Markitekt.
See on conversionxl.com
Why Big Brands Want to Be More Like Your Startup
As an entrepreneur, you have opportunities and qualities more and more big companies are clamoring to emulate. Here are three and how to capitalize on them.
By Peter S. Cohan
@PeterCohan
What lessons can large companies like IBM — attempting to grow its revenue — learn from your startup? And how can those lessons teach you about the most valuable aspects of your business?
1. Exploit and explore – company’s core “exploit” business and its new “explore” business both report to the CEO.
Startup Opportunity: offer big company customers the same or better product features at a fraction of the big company’s price
2. Firefighting by design – design thinking starts by observing customers performing activities and ends with a new product that meets their needs based on iterative prototyping.
Startup Opportunity: execute design thinking strategy with agility
3. Culture of frugal experimentation – meant to overcome the tendency of big organizations to smother the creativity of their best people
Startup Opportunity: be on the lookout for good people at big companies who are not able to realize their full potential.
About The Author
Peter Cohan is president of Peter S. Cohan & Associates a management consulting and venture capital firm. He is the author of Hungry Start-up Strategy: Creating New Ventures with Limited Resources and Unlimited Vision (Berrett-Koehler, 2012).
Read more: http://www.entrepreneur.com/article/227824#ixzz2bybfvZGU
See on www.entrepreneur.com
How Do We Cultivate A Culture of Innovation?
About the Author, Kaylee Kolditz
With 18 years of marketing and business development experience, I have worked with companies large and small across a variety of industries, but I get the most energy and joy from working with product development organizations. In my current role, I help product organizations identify and access the resources (trainings, publications, groups, events) to cultivate a culture of innovation. I also help folks network online and in person, and manage an online community and conference for innovation in product development.
Goals: I’d like to connect with companies in the NYC area interested in looking at the gaps in their innovation culture and putting a plan in place to cultivate a culture of innovation throughout their organization.
Product Development Methodologies | Cloud City Development
By Chuck Fitzpatrick
Agile Evangelist and Project Manager
Cloud City Development
@cfitzpat
Excerpted from Chuck’s posting
Question: What’s the best methodology?
Answer: It depends.
In the early decades of software development, the emerging industry followed the models of engineering that had served the world well for all of modern history. Collectively, those methodologies can be described as “anticipatory.”
As time passed, the software development community found that many large projects failed because those assumptions proved to be largely incorrect. Product consumers have no idea what they want—they change their minds constantly, so our ability to predict what they want is . . .impossible.
There have been many attempts to address the underlying issues that cause failures in product development, whether they are software or non-software products. The attempts that are proving to be successful turn those earlier assumptions on their heads:
1. Make implementation a part of requirements discovery
2. Incrementally grow the system
3. Flatten the cost curve: If you can keep the cost curve flat, then not knowing what to build today is less of a concern, since the cost to build it later, when you know more, is the same.
I am fascinated with the many ways that humans have created to make the difficult bits and pieces of creating new products move forward in the best possible manner.
Live Broadcast: Stephanie Geerlings On Scaling Teams And Startups
Stephanie Geerlings, Builder, Hacker, Entrepreneur, Product Manager, and Prime Minister At Cloud City Development Discusses Scaling Startup Teams And Companies On The Global Product Management Talk Podcast
Listen! http://bit.ly/16F5txT
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Stephanie Geerlings, Builder, Hacker, Entrepreneur, Product Manager, and Prime Minister At Cloud City Development Discusses Scaling Startup Teams And Companies
At companies that need to scale people there are a few components to take into account; 1. Prove that you are as useful an organization to them as they are to you. 2. Do meaningful work and start an initiative that people want to be a part of. 3. Appreciate people, yourself, and the huge power that your company can grow to be.
Stephanie Geerlings, Builder, Hacker, Entrepreneur, Product Manager, and Prime Minister for Cloud City Development, has grown companies from $3k-3M+ and teams from 3-50. She’s built software, hardware, large steel machine sculptures, and has done 3-D, print, and web design and branding for Fortune 500s. Stephanie’s values are core to how she works. She’s overly honest, cares about intention, and believes in people. “Our work is to solve problems. Problems get solved—by thinking it through and applying best practices in a flexible way. Not all clients’ requirements are the same. We design and engineer the solution.”
Stephanie Geerlings joins host, Cindy F. Solomon, on Monday, August 12, 2013
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About Stephanie Geerlings
Stephanie Geerlings, Builder, Hacker, Entrepreneur, Product Manager, and Prime Minister for Cloud City Development, has worked in technology & design for 10 years and believes that good engineering and design should be done with artistic and scientific methods. She strives to be whole-minded, collaborative, and flexible. She knows how to respect multiple viewpoints, communicate with various stakeholders, and execute on both exciting and mundane tasks. Stephanie has grown companies from $3k-3M+ and teams from 3-50. She’s built software, hardware, large steel machine sculptures, and has done 3-D, print, and web design and branding for Fortune 500s. Because of her background on various quickly moving projects she used to claim that the startup life was the easiest she’s ever experienced. Stephanie’s values are core to how she works. She’s overly honest, cares about intention, and believes in people. “Our work is to solve problems. Problems get solved—by thinking it through and applying best practices in a flexible way. Not all clients requirements are the same. We design and engineer the solution.”
@geerlinger
http://www.linkedin.com/pub/stephanie-geerlings/a/b40/b8a
About Cloud City
Cloud City Development is a full-service digital product consultancy. We follow modern software development best practices while crafting a solution for your specific needs. Our designers and fullstack Rails developers each have 5-13 years of experience building great software for the web. We are at your service for product development, team augmentation, scaling, MVPs, and CTO consulting.
cloudcity.io
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About Global Product Management Talk
The Global Product Management Talk is a discussion of vital issues affecting professionals passionate about products, business process, product management, startups, marketing, innovation and excellence. A top 10 business podcast on the BlogTalkRadio network hosted by Cindy F. Solomon, CPM, CPMM for passionate product professionals and business owners who want to teach, learn & network about what it takes to produce successful products in an open digital environment inviting live participation. The transcript of Tweets and podcast are available following the event for on-demand consumption on the web, iTunes, Google Play and mobile devices. Get reminders and listen live by following http://www.blogtalkradio.com/prodmgmttalk
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AIPMM Membership benefits include the national Product Management Educational Conference, regional conferences, the Career Center, peer Forums, tools, templates, publications and eligibility to enroll in the Certification Programs. The Agile Certified Product Manager® (ACPM), Certified Product Manager® (CPM), Certified Product Marketing Manager® (CPMM), Certified Brand Manager® (CBM), and Certified Innovation Leader (CIL) programs allow individual members to demonstrate their level of expertise and provide corporate members an assurance that their product professionals are operating at peak performance.
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Stephanie is speaking at the Startup Product Summit SF2, part of Product Weekend San Francisco. Register today to get best price for Startup Product Summit SF2 October 11, 2013 http://bit.ly/11fNVcU
startupproduct.com
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Thanks to our broadcast sponsor: @Sprintly
This episode of the Global Product Management Talk brought to you by Sprint.ly. Don’t ask how it’s going; watch how it’s going with Sprint.ly. You can find them on the web at sprint dot ly.
Sprint.ly is project management software that brings in the entire corporation to the software development process by showing managers and non-engineers a top-level view of what the programmers are doing.
Site: https://sprint.ly
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Music courtesy of @BlameSally available at http://www.BlameSally.com
Broadcast recorded live at Studio132 by BZLewis http://www.studio132.com
Disclaimer
Specifications are subject to change, without notice. While due caution has been exercised in the production of this document, possible errors and omissions are unintentional.
Why Founders Fail: The Product CEO Paradox | TechCrunch
This happens all the time. A founder develops a breakthrough idea and starts a company to build it.
By Ben Horowitz
Co-founder and partner ofAndreessen Horowitz
Quoting Ben’s points:
3 Main Reasons Founders fail to run the companies they created:
- founder doesn’t really want to be CEO
- board sees CEO making mistakes, panics and replaces them prematurely
- Many founders run smack into the Product CEO Paradox
Product-oriented CEO’s essential involvement consists of at least the following activities:
- Keep and drive the product vision
- Maintain the quality standard
- Be the integrator
- Make people consider the data they don’t have
- formally structure your product involvement, i.e. transition from your intimately involved motion to a process that enables you to make your contribution without disempowering your team
- Write it; don’t say it.
- Formalize and attend product reviews
- Don’t communicate direction outside of your formal mechanisms
See on techcrunch.com
This I Believe
Posted by Marty Cagan on July 31, 2013 at http://svpg.com/this-i-believe/
Quoting Marty Cagan’s points:
- rapid and constant evolution in technology provides hope that we can continue to solve important problems for people and our world.
- passionate leaders…are the people that make an impact in the world, and I want to help them achieve their vision.
- to be effective in helping people and organizations improve, you need to be honest.
- Successful teams are comprised of these sorts of people (smart, willing to work hard, passionate about what they do, and sincere about wanting to improve), and the world needs as many as we can find.
- the accomplishments I feel proudest of today are not the actual products I helped create, but rather, the many people across our industry I have helped to hire and develop…I love seeing them creating exceptional products, and leading great organizations of their own
- I believe in continuous improvement. I try very hard not to get too attached to, or to be too closely associated with, any particular school of thought or technique
See on svpg.com
How To Make Better Product Decisions
The remarkable thing about your mental life is that you are rarely ever stumped.” – Daniel Kahneman It’s Thursday morning. You settle into your office chair, you crack open your laptop, you take a…
Great posting from Product Talk by Teresa Torres!
Teresa discussed this in person over great beer and refreshments on Wednesday, August 14, 2013 Startup Product Talks meetup at Atlassian http://bit.ly/1e8Yr72
[View the story “#StartupProduct: How To Make Better Product Decisions” on Storify]
Teresa is also speaking on Friday, October 11, 2013 Startup Product Summit SF2! Register today for best price! http://bit.ly/11J59AG
Startup Product Summit SF2 is one event during Product Weekend San Francisco, starting with trainings on Thursday, Summit on Friday followed by AfterParty, then Product Camp San Francisco on Saturday all at historic Broadway Studios! Follow blog to stay updated at http://startupproduct.com
See on teresatorres.com
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