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Storytelling For PMs
Nils Davis
The Secret Product Manager Handbook
Storytelling - Critical Skill
● For selling your products
● For selling your ideas
● For selling yourself
● True
○ “Directionally”
● Emotionally compelling
● Exciting
○ At least not boring
● Compact and leaves ‘em wanting more
How do we make this happen for “our customer used our product and got more
sales?”
A Good (Sales) Story Is
Story Structure - Basic
● Beginning
● Middle
● End
For sales stories
● Beginning = Problem (or Opportunity)
● Middle = Solution
● End = Results
“PSR” for Problem-Solution-Results
Example - Live From Audience
Who has a story?
Making It A Better Story
● Find a “vertical takeoff”
○ A bad thing was going to happen until I stepped in
○ (Or, a good thing wasn’t going to happen until I stepped in)
● Work on concrete results - both quantitative and emotionally grabby
○ “Pay off” all the challenges mentioned in the problem
○ Quantitative results and business results are NOT emotionally grabby
○ Emotionally grabby are “I was promoted,” “I become the expert,” “I got a nice pat on the back,”
etc.
○ Also, to some people, “we crushed the competitors” is emotionally grabby
Storytelling Coaching (1 of 2)
● People struggle most with the problem and the results
○ Note: “Problem” section could be an opportunity
● To find the real pain, and the real emotional content, some good questions are:
○ “What would have happened if you hadn’t solved the problem?”
○ “How much would that have cost?”
○ “What was the business impact of doing nothing?”
○ “What would that mean for your job?”
○ “Tell me more”
○ Help them find a “vertical takeoff”
Storytelling Coaching (2 of 2)
● For the solution, some good guidance is
○ “Leave them wanting to know more, so they can ask questions”
○ 4-5 key actions that you took, or that you led or guided
○ What did you do
● For the results
○ “Did you get recognition for this?”
○ “Did it make your boss look better? Help him/her save face?”
○ “Did you get a raise or a promotion?”
○ “Did it change your reputation in the company? Did you become the expert in that?”
Using Stories
● Customer success stories
○ “Our customer had problem P” - meaty, emotionally grabby, and business-significant, with a
vertical takeoff
○ Solution = “They tried other things and failed, then got our product because of X, Y, and Z”
○ Results = “Their problem was solved, our champion got a raise, and they started taking market
share from their competitors”
○ Since they are longer, you will need to spread the story - and the results - out
● Job interview - “Tell me about a time…”
○ Aim for 90 seconds for the whole story - ¼ problem, ½ solution, ¼ results
Using Stories
● Pitching a new product idea
○ Problem is market problem with significant impact to the customer
○ Solution is “They tried all these things and they didn’t work” or “they are using spreadsheets
and it’s causing all kinds of problems”
○ Results are “If we do X, our market will have results Y”
● Bullets - use “R, by S” - “results by solution”
○ Customer story: “Let me tell you how one of our customers achieved massive market share
growth using our product.”
○ Resume bullet: “Turned sales around, and sales team achieved quota for three quarters in a
row, by driving a change in how we demoed the product”
Advanced Topics
● “Two problems”
○ Initial problem was presented
○ During solution found real underlying problem
○ VERY effective story structure (almost all Hollywood movies have this structure)
● Setup
○ Sometimes you have to set up the situation before getting to the problem
○ This is OK, but be quick about it!
What Questions Do You Have?
Contact
● Nils Davis
● nils@nilsdavis.com
● Website: secretpmhandbook.com
● Slides: secretpmhandbook.com/svpcamp
● Book: The Secret Product Manager Handbook
○ On Amazon as paperbook or ebook

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Storytelling for product managers

  • 1. Storytelling For PMs Nils Davis The Secret Product Manager Handbook
  • 2.
  • 3. Storytelling - Critical Skill ● For selling your products ● For selling your ideas ● For selling yourself
  • 4. ● True ○ “Directionally” ● Emotionally compelling ● Exciting ○ At least not boring ● Compact and leaves ‘em wanting more How do we make this happen for “our customer used our product and got more sales?” A Good (Sales) Story Is
  • 5. Story Structure - Basic ● Beginning ● Middle ● End For sales stories ● Beginning = Problem (or Opportunity) ● Middle = Solution ● End = Results “PSR” for Problem-Solution-Results
  • 6. Example - Live From Audience Who has a story?
  • 7. Making It A Better Story ● Find a “vertical takeoff” ○ A bad thing was going to happen until I stepped in ○ (Or, a good thing wasn’t going to happen until I stepped in) ● Work on concrete results - both quantitative and emotionally grabby ○ “Pay off” all the challenges mentioned in the problem ○ Quantitative results and business results are NOT emotionally grabby ○ Emotionally grabby are “I was promoted,” “I become the expert,” “I got a nice pat on the back,” etc. ○ Also, to some people, “we crushed the competitors” is emotionally grabby
  • 8. Storytelling Coaching (1 of 2) ● People struggle most with the problem and the results ○ Note: “Problem” section could be an opportunity ● To find the real pain, and the real emotional content, some good questions are: ○ “What would have happened if you hadn’t solved the problem?” ○ “How much would that have cost?” ○ “What was the business impact of doing nothing?” ○ “What would that mean for your job?” ○ “Tell me more” ○ Help them find a “vertical takeoff”
  • 9. Storytelling Coaching (2 of 2) ● For the solution, some good guidance is ○ “Leave them wanting to know more, so they can ask questions” ○ 4-5 key actions that you took, or that you led or guided ○ What did you do ● For the results ○ “Did you get recognition for this?” ○ “Did it make your boss look better? Help him/her save face?” ○ “Did you get a raise or a promotion?” ○ “Did it change your reputation in the company? Did you become the expert in that?”
  • 10. Using Stories ● Customer success stories ○ “Our customer had problem P” - meaty, emotionally grabby, and business-significant, with a vertical takeoff ○ Solution = “They tried other things and failed, then got our product because of X, Y, and Z” ○ Results = “Their problem was solved, our champion got a raise, and they started taking market share from their competitors” ○ Since they are longer, you will need to spread the story - and the results - out ● Job interview - “Tell me about a time…” ○ Aim for 90 seconds for the whole story - ¼ problem, ½ solution, ¼ results
  • 11. Using Stories ● Pitching a new product idea ○ Problem is market problem with significant impact to the customer ○ Solution is “They tried all these things and they didn’t work” or “they are using spreadsheets and it’s causing all kinds of problems” ○ Results are “If we do X, our market will have results Y” ● Bullets - use “R, by S” - “results by solution” ○ Customer story: “Let me tell you how one of our customers achieved massive market share growth using our product.” ○ Resume bullet: “Turned sales around, and sales team achieved quota for three quarters in a row, by driving a change in how we demoed the product”
  • 12. Advanced Topics ● “Two problems” ○ Initial problem was presented ○ During solution found real underlying problem ○ VERY effective story structure (almost all Hollywood movies have this structure) ● Setup ○ Sometimes you have to set up the situation before getting to the problem ○ This is OK, but be quick about it!
  • 13. What Questions Do You Have?
  • 14. Contact ● Nils Davis ● nils@nilsdavis.com ● Website: secretpmhandbook.com ● Slides: secretpmhandbook.com/svpcamp ● Book: The Secret Product Manager Handbook ○ On Amazon as paperbook or ebook