Book Image

Effective Platform Product Management

By : Tabassum Memon
Book Image

Effective Platform Product Management

By: Tabassum Memon

Overview of this book

Scaling a platform is a lot different than scaling a product. This is why product managers developing or transitioning to a platform model are often facing completely new challenges – both technical and strategic. But if you want to build the next Amazon, Netflix, Spotify, or a completely new type of platform, then you need to adopt a platform-first approach to change how you invent, develop, and market solutions. This is where Effective Product Platform Management comes in. This book addresses product management as a critical pillar of platform development. It'll help you understand the difference between traditional and modern product management for platforms and even decide whether the platform business model is the way to go for you. As you progress, you’ll be able to build the right platform strategy, define the MVP, and focus on ongoing backlog prioritization for successful platforms. This book will also walk you through the practical steps and guidelines that can ease your organization’s transition from linear products to platforms. By the end of this platform product management book, you’ll have learned the essential aspects of product management for building successful and scalable platforms. You’ll also have a clear understanding of the next steps you need to take to perfect and execute your new platform strategy – and take on the world.
Table of Contents (15 chapters)
1
Section 1: Building the Right Strategy for the Platform Business Model
6
Section 2: Building the Platform
10
Section 3: Measuring the Performance of the Platform

Case study

The case study that we will start in this chapter will continue throughout this book. As ideation and validation are the first phases of the product life cycle, here, we will begin with an example digital platform business case, developing and evolving it with each chapter.

Assume that we want to build a digital platform. We have already looked at some producer and consumer pairs and shortlisted educators and students as suitable candidates for our idea. We looked at some data like how digital learning is gaining importance after the pandemic has hit, and there are minimal options available for this group of users. Based on this analysis, we have the perception that there is a problem in the education space for students and educators. Hence, we decided to explore and research the idea of a digital platform for educators and students – let's call this platform Escola. Initially, we will scope our research and validation on the learning content for high school...