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21) Summary of C. Todd Lombardo, Bruce McCarthy, Evan Ryan & Michael Connors's Product Roadmaps Relau
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#1 A good roadmap is not so much a project plan as a strategic communication tool. It should state the company's direction and intent, and be flexible enough for teams to adapt to the lean and agile methods they have adopted.
#2 The term customer refers to the recipient of the value your product provides. It can refer to the buyer and the user of your product, but it...
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#1 A project is started when an idea sounds promising. A project manager is hired to manage tasks and people, but not necessarily the domain. The objective is not to deliver projects but to deliver value through products that ultimately lead to higher revenue and lower costs for your organization.
#2 The product mindset is an outside in approach that uses external measurements...
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Please note: This is a companion version & not the original book.
Book Preview: #1 The selection process is the key to your success as an executive and the success of your company. When you have to hire, the best rule is to hire slowly and carefully.
#2 When you are in the position of hiring someone, it is common to make the mistake of hiring as a solution to a problem. You are overloaded with work, and you have a hole that needs to be filled. You...
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Book Preview: #1 We're taught from a young age that there's a right way to do things: get good grades, go to college, choose a career path, start a business, collect a steady paycheck, and upsize our spending as our pay increases. But life doesn't have to go that way.
#2 Retirement is a loaded term that is filled with imagery of sipping an umbrella drink on a beach. But in reality,...
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#1 When you have multiple objectives, you must make tradeoffs among them. The more alternatives you're considering and the more objectives you're pursuing, the more tradeoffs you'll need to make.
#2 To make decision making easier, try to eliminate dominated alternatives. If alternative A is better than alternative B on some objectives and no worse than B on all other...
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Please note: This is a companion version & not the original book.
Book Preview: #1 People are the most important aspect of a business. If you are not happy, you should consider making changes to your life and your work environment. If you would enthusiastically rehire everyone, knowing what you know now, you should address the issues that are draining your emotional energy.
#2 There was an important job to be done, and Everybody was sure that Somebody...
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Book Preview: #1 The Tail O' the Cock was a prominent drinking establishment on La Cienega Boulevard, where Los Angeles and Beverly Hills come together. In 1965, Merritt Adamson, the president of Pronto Markets, a 16-store chain of convenience markets in Los Angeles, was having a business luncheon there. He was having problems with his largest customer, Adohr Milk Farms.
#2 In 1962,...
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Book Preview: #1 When you have no customers, no press, and nobody knows or cares about what you're making, the only way to get any sort of motivation is through manufactured milestones.
#2 The great void of feedback and reward that early-stage start-ups must endure is especially apparent at start-up conferences like Web Summit. anonymity means you can make mistakes and drastic changes...
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Book Preview: #1 We are inherently social creatures. We constantly compare ourselves to others in order to understand where we stand. This is why we have an insatiable appetite for social comparison information.
#2 We can look up at people who outperform us and down at people who we feel are inferior to us. We must find the balance between feeling good about ourselves and being motivated...
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Get the Summary of Mike Michalowicz's All In in 20 minutes. Please note: This is a summary & not the original book. "All In" by Mike Michalowicz is a leadership book that draws from the author's personal experiences as a business owner and leader. Michalowicz shares his journey from hiring an incompetent employee, Elliott, to facing challenges with employee engagement and realizing the importance of careful hiring and employee support. He discusses...
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Book Preview: #1 Systems theory is a way of thinking that allows us to understand and solve problems. It explains that behavior that is already present within the structure of a system can be suppressed or released as we study and understand systems and problems.
#2 Systems thinking is the art and science of making reliable inferences about behavior by developing an understanding...
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Book Preview: #1 Worthy is a big word that can feel a little earnest. It's about whether your goal is worthy enough for you to commit to it. Thrilling, important, and daunting are the primary colors that allow you to paint the picture of your ambition.
#2 Thrilling is a countermeasure against a sense of obligation. It is a sense of pride and purpose that makes you want to take on...
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Book Preview: #1 I've always been restless, and I've never been content with my life. I've always felt like there was something else out there for me, and that has manifested in what I have today: a global business that makes life better for women.
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Book Preview: #1 I had been trying to convert my interest in less into something I could study. From the start, I had studied ways that buildings and cities might use less energy, and produce fewer climate-changing emissions. I had homed in on the designers, finding that they use mental shortcuts.
#2 I was able to bring many of the other parents up to speed by explaining to them that...
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Please note: This is a companion version & not the original book.
Book Preview: #1 I was hired to be the manager of the Facebook team in May of 2006. I had very little experience, but I was eager to make my mark on the world. I had no institutionalized doctrines or tragic failures to speak of.
#2 The answers to the question, What is the job of a manager. are an assortment of activities. If I asked you, What is the job of a soccer player. you would...
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