• product okr
    Product Management

    Introducing OKRs in your product team

    A lot of companies still use OKRs nowadays to align their teams and to create a company-wide focus. When introducing OKRs in the product team, there are some points that you should know about. I have been through my fair share of OKR introductions in product teams. This is why I would like to share some of my experiences paired with theory from books. Terminology OKR means “Objectives and Key Results”. It is a tool to create alignment and focus within a company. It has been developed by Andy Grove. He introduced OKRs during his tenure at Intel and also wrote a book about the technique. It’s called high output…

  • startup_idea
    Product Management

    Idea vs. Problem – How to find your startup idea or product

    When people think about a new business, product or feature, they love to obsess over ideas. They are trying to find the next big thing and brainstorm ideas. The truth is that this approach will mostly lead to failure. Behind every great business or feature is a problem that is being solved. By solving a problem, you build something user-centric. You satisfy someone’s need or heal their pain. This is the first and most important step for finding a solution and startup idea. The following advice applies to both, startup ideas and new products for existing companies. It’s not your fault. The media always talks about those great ideas from…

  • product_failure
    Product Management

    Seven warning signs of product failure

    Nowadays everyone claims to be agile and innovative. From small startups to large corporates, no one would ever say “Hey, I think that we are doing something wrong in our product development. We are burning our money really carelessly”. Even more, there are often excuses or explanations why they are not fully agile. So what are warning signs that you are working in a product organization that has a high chance of product failure? Also, if you are interested in validating business idea, I would recommend the book “WILL IT FLY” by Pat Flynn. But now, let’s get to the seven warning signs of product failure. 1. You ship and…