WTH Is Product Sense? 🤔, Guide Your Team’s OKRs 🎯, Balancing AI & Human-Centred Discoveries 👥⚖️🤖, Product Metrics That Matter 📊
What should you read this week. Weekly Recap 2024-07-02 🔁
👋 Hey, Sam here! Welcome back to the weekly edition of The Product Trench. Each week, I recap a handful of interesting articles and stories related to product and leadership, in addition to my original monthly practical tips and stories on eclectic topics.
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Here are my favourite articles this week. Let's jump straight into it.
Effective Ways to Build Your Product Sense (6 min read)
Building product sense involves understanding human behaviour, business models, product mechanics, user needs, and technology trends. Product sense can be developed through intentional practice such as product teardowns, user feedback cycles, and sparring sessions. Regularly engaging in these activities helps product managers make smarter decisions and improve their intuitive understanding of what changes will have the intended impact.
How Product Leaders Can Guide Their Team’s OKRs (4 min read)
Product leaders should provide strategic context to limit the team’s playing field, aiding the translation of higher-level strategy into actionable goals. They facilitate team communication to ensure alignment and challenge the choice of key results for more holistic success metrics. Effective OKR drafting requires quality inputs and regular reflection with leaders to integrate their perspectives.
Don’t Use Generative AI to Replace Discovery with Real Humans (8 min read)
Generative AI tools can aid discovery but shouldn’t replace human interactions. True discovery involves empathy, understanding unique user stories, and refining solutions through real customer interviews. Generative AI can assist in analyzing data and identifying patterns but should be used to complement human insights rather than replace them. Effective product development requires balancing AI capabilities with genuine human-centred research to ensure meaningful and accurate results.
Mastering the “Product Metrics That Matter” (5 min read)
Useful and relevant metrics are determined by their actionability, alignment with business goals, and ability to provide insights for improvement. Focus on metrics that track user engagement, retention, and conversion. Avoid vanity metrics that don’t offer actionable insights. Regularly review and adjust metrics to ensure they stay relevant as business objectives evolve. Effective metrics help guide strategic decisions, optimize product performance, and clearly demonstrate value to stakeholders.
👋 That's it for today! Thank you for reading, and enjoy your week! See you next time.
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