Book Image

Lean Product Management

By : Mangalam Nandakumar
Book Image

Lean Product Management

By: Mangalam Nandakumar

Overview of this book

Lean Product Management is about finding the smartest way to build an Impact Driven Product that can deliver value to customers and meet business outcomes when operating under internal and external constraints. Author, Mangalam Nandakumar, is a product management expert, with over 17 years of experience in the field. Businesses today are competing to innovate. Cost is no longer the constraint, execution is. It is essential for any business to harness whatever competitive advantage they can, and it is absolutely vital to deliver the best customer experience possible. The opportunities for creating impact are there, but product managers have to improvise on their strategy every day in order to capitalize on them. This is the Agile battleground, where you need to stay Lean and be able to respond to abstract feedback from an ever shifting market. This is where Lean Product Management will help you thrive. Lean Product Management is an essential guide for product managers, and to anyone embarking on a new product development. Mangalam Nandakumar will help you to align your product strategy with business outcomes and customer impact. She introduces the concept of investing in Key Business Outcomes as part of the product strategy in order to provide an objective metric about which product idea and strategy to pursue. You will learn how to create impactful end-to-end product experiences by engaging stakeholders and reacting to external feedback.
Table of Contents (19 chapters)
Lean Product Management
Contributors
Preface
Another Book You May Enjoy
Index

Solutions to eliminating process waste


Most of what has been described earlier happens because it's hard to take a big picture view on processes as we evolve as a business. We fall back into the "we have always done it this way" mode and try to adapt best practices and apply them to our context. We set up story boards, have stand ups, estimate stories, measure velocity, and reward bug finders. It has worked for us in the past, or everyone says it has worked, so we believe that it can't hurt us. This seems natural. However, what we may need is a new set of best practices that can help teams to navigate the ambiguous phases when there is no luxury to customize processes. When you do have the luxury, I strongly suggest that you tune your processes around the specific goals, culture and needs of your teams. The following are the new process guidelines that I would recommend.