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

Why do we need estimates?


If I were to ask you how long it would take you to reach Bengaluru from Chennai, India, would you be able to answer accurately? Probably not. Your lack of familiarity with the two places and how far apart they are, combined with the lack of specifics about what mode of transport, weather conditions, and so on, will render it difficult for you to accurately answer. However, we can answer this question better by building up a familiarity with the domain (the two cities and how far apart they are) and the implementation (what type of vehicle, under what weather conditions, and so on).

A smart alternative would be to look up Google Maps and find a roughly indicative answer to my question, without getting familiar with the domain, but with some assumptions on implementation. However, in whichever way we answer that question, we still don't know why the travel is needed or who is travelling? What does reaching the destination signify for this person? What if the traveler...