Takeaways from Solution Excellence Summit 2022

Productboard Editorial

10/05/22

Business & Products

Our 3rd annual Product or service Excellence Summit introduced with each other product or service, engineering, and structure experts from all more than the planet, and with it, a wealth of insights on how to — as our topic proposed — embrace uncertainty in times that are something but.

Beneath, we wanted to take you by way of a several of the highlights (with a lot more in-depth posts and on-desire video clip from the celebration coming soon!)

Focusing on prospects that emerge from uncertainty

Productboard Co-founder and CEO Hubert Palan kicked off the function to give a point out of the union for product or service administration, noting that product or service groups are most outfitted to navigate uncertainty.

“Uncertainty is very little new for Solution men and women. Our position has normally had uncertainty. We prosper in uncertainty,” Palan mentioned.

He suggested the audience to refocus on the get the job done that matters, such as participating the core shopper base and deepening relationships. 

“Don’t underestimate the change of customer wants during situations of uncertainty. Consider the added time and speak to your customers. And extra importantly, hear to your customers,” Palan claimed.

Get it from an true guardian of the galaxy: Achievements is how you handle failure

Planetary Protection Engineer Dr. Moogega Cooper took the phase for an participating presentation centered on perseverance, noting that troubles similar to start timelines have been not exclusive to product teams, as a team of NASA engineers could attest to as they despatched the Perseverance rover and its accompanying vehicles to Mars on make-or-split timelines.

“Success is in how you handle your failures,” she reported.   

Attaining product ambitions arrives down to 6 aspects, says Forrester

Lisa Singer, v.p. and investigation director at Forrester Research, observed that the difference concerning the worth and urgency requirements to be taken into account as companies goal to achieve their lengthy-phrase ambitions.

“Something that is urgent desires to be done now, for the reason that if you do not get it performed now there will be outcomes immediately…in your operate everyday living, it may well be addressing a shopper challenge,” she stated.

At its lowest popular denominator, it boils down to six major factors: 

• Client centricity
• Strategic alignment
• Becoming educated by knowledge
• Accountability
• Constantly bettering
• Staying perfectly-resourced

“Product administration should not have to do much more with significantly less. Products administration is driving the achievement of the corporation,” Singer explained.

Solution management is a workforce activity, according to Productboard’s SVP of Product or service

Productboard’s Senior V.P. of Solution Srinivas Krishnamurti commenced his keynote by sharing an evident fact: product or service administration does not need to have to be a lonely island on equally an interior and exterior degree. This normally starts with prospects.

“Everyone should be listening to their buyers, and we really should make that as uncomplicated as feasible,” he reported.

For Productboard, this not only means democratizing comments outdoors of products, but also being capable to section and analyze with speed and scale by leveraging machine finding out and smarter matter detection.

Check out the Productboard Website in the coming months for more highlights from the Product Excellence Summit.