In this episode of the How to Succeed in Product Management Podcast, marketing professor Jeff Shulman and The Product Management Center advisory board members Red Russak and Soumeya Benghanem welcome Kavita Kamani (Microsoft) and Howard Ro (Tesla) to discuss the life cycle of product development, where to focus your attention to in whichever product development phase, identifying what should be considered valuable and what’s not, and tackling product management while maintaining a work-life balance.
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02:27 The importance of the product development life cycle06:29 Two points of view on the general concept of a product life cycle09:09 Five D’s of a product life cycle15:25 Asking a lot of questions help determine exactly where to focus on17:57 Getting a clear idea if a problem is worth solving19:47 Initial ideation and operating without boundaries21:14 When there is tension and no easy answer27:12 Different organizations have different structures and different expectations31:11 Within the applications, what is truly valuable and what is not?34:22 Focus on what's the core problem and what you're going after39:26 Ensure that everybody is aligned to the common goals43:16 Find a balance between the user outcome and stakeholder outcome48:51 Bringing focus back to what you need to do51:05 Work-life balance: assess or associate your happiness with impact58:52 If you want to succeed as a PM, own the job01:00:04 Don’t try to be everything for everyone