Product Thinking

Navigating Mergers and Acquisitions with Justin Anovick


Listen Later

Melissa Perri’s guest on this week’s Product Thinking Podcast is Justin Anovick. Justin is the Chief Product Officer at Optimizely, a company providing digital platform software services. He is a creative thinker and provides great leadership for his team. Justin joins Melissa to discuss how to navigate through mergers and acquisitions with your organization and how to get all members to play on the same team.
Here are some key points you’ll hear Melissa and Justin talk about in this episode:
Why Justin became a product officer. [1:01]
Understanding the customer sales cycle allows the product team to know what their customers and prospects are looking for. [3:55]
Designing a product takes specific processes; if you change something at the last minute that change will have a major impact. [7:23]
The questions, challenges, and differences that Justin has to confront now with his new merger and acquisition. [9:09]
It’s very important that everyone is on the same page and understands the vision for the company. “We have to build demos, we have to build the messaging, we have to agree and communicate with the other side to make sure that we're spot on,” he tells Melissa. The vision can’t be conceptualized in a tagline, slogan, or image. The vision has to be about what the product is going to be in the future. [12:15]
The more legitimate you can make a product, the better off you will be. The product team also plays a critical role in this. [15:35]
In ensuring that a merger can be successful, you have to do things to scale. This sometimes means being okay with processes not being as high quality or going as expected. It also means integrating teams and being people first. [18:52]
Invest more in the processes that you're doing well, and come up to average in your weaker areas. [20:52]
Justin uses StrengthFinders quizzes with his team to understand the skills that they have, and how those skills complement him and one another. Managers need to understand that it’s not about adapting our teams to think like we do, but letting their skills complement the skills that we have. [22:36]
Justin’s key focus is making sure everybody in the company understands their role, the direction the company is headed, the mission, and staying in tune with collecting key feedback from key individuals across the organization. [28:47]
Justin talks about the ways he sets goals for Optimizely. [29:36]
Test for understanding by using the passive check. This is simply checking with multiple people and using direct communication. We get more value from this because we can ask follow-up questions, and we don’t have to consult surveys. [34:09]
Resources
Justin Anovick | LinkedIn | Twitter
Optimizely
...more
View all episodesView all episodes
Download on the App Store

Product ThinkingBy Melissa Perri

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

148 ratings


More shows like Product Thinking

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,298 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

542 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,470 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,096 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

170 Listeners

Cold Call by HBR Presents / Brian Kenny

Cold Call

195 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,983 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

234 Listeners

Design Better by The Curiosity Department, sponsored by Wix Studio

Design Better

318 Listeners

The Product Experience by Mind the Product

The Product Experience

34 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,652 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

171 Listeners

Everyday AI Podcast – An AI and ChatGPT Podcast by Everyday AI

Everyday AI Podcast – An AI and ChatGPT Podcast

110 Listeners

AI + a16z by a16z

AI + a16z

32 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,478 Listeners