Rules of Product Management – Notes from the Book

I am currently reading 42 Rules of Product Management. It is a great read and I highly recommend that you buy it.

Notes:

  • It is product management’s responsibility to identify customer problems worth solving. It is engineering’s role to identify technical solutions to those problems.
  • Research helps you understand: 1. Your customers,2. Your competitive marketplace, 3. Competitors, 4. Your own product
  • Be careful. Requirements are like chili powder. A little goes a long way, and too much spoils the pot. (This refers to the market research requirements but we know that it applies to project/product requirements as well).
  • To scope market research, you ask yourself - What are my questions?what am i going to do with the answers?
  • Two week rule (by Marty Cagan author of  Inspired- How to Create Products People Love ) - Never go more than two weeks without putting your product ideas in front of real users and customers
  • Steve Blank’s quote in the book  ”In a startup, no facts exist inside the building, only opinions.”

Each chapter (a Rule) is filled with lots of golden nuggets. If you are doing a startup and building a product, you can learn a lot from this book. I have only covered the first 10 chapters here. Expect more posts as I read through the rest of the book.

 

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Posted in Entrepreneurship, Products
5 comments on “Rules of Product Management – Notes from the Book
  1. Awesome Dorai! Thanks for sharing this. Looking forward to more nuggets!

    Another book for anyone planning a start-up, would be “Rework” (http://37signals.com/rework/). It contains many hard-earned nuggets from 37Signals guys and some so contradicting with the norms that I’d have discarded without having gone through some of those experiences myself over time.

    • Dorai says:

      Thanks Ashish for your comment as well as the recommendation. Rework is a great book. I am going to follow this up with Inspired (which was recommended by my son). I went to buy it and Amazon recommended this one :) So I got both of them on my Kindle and started with the latter.

      Look through the link to the pdf and look at the product management manifesto. Interesting read.

      • Already on to it Dorai, only delays my hitting the bed by a few notches! Thanks for the trigger :-)

        Starting to think of the other books that I like, I may have a long list of reccos, will find sometime and put them down somewhere. And, also thanks for the “Inspired” – might catch up on it sometime.

    • Dorai says:

      Ashish,
      Let me know when you make that list. I can point to it from my List of Lists. You can send it to me and I can create a page here too. But if you blog, that would be the best place to put it.

      • I guess that’s what I will do. Add a blog post. I’ve not really done any books related posts yet, but may be a good idea… there’s a lot to talk about :-) Thanks.

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