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Leading Innovation as a PM
by Pandora Sr PM
www.productschool.com
CERTIFICATES
Your Product Management Certificate Path
Product Leadership
Certificate™
Full Stack Product
Management Certificate™
Product Management
Certificate™
Corporate
Training
Level up your team’s Product
Management skills
Free Product Management Resources
BOOKS
EVENTS
JOB PORTAL
COMMUNITIES
bit.ly/product_resources
COURSES
1
LEADING
INNOVATION AS A
PM
Ananya Sharan
Sr PM @ Pandora SXM
Hello!
I AM ANANYA SHARAN
I started as an software engineer, aspired to become a banker,
and now a PM for 10+ years.
I solve ambiguous problems through innovative products that
improve customers’ lives.
2
IN THIS SESSION...
● CHALLENGES OF INNOVATING
● TACTICS TO MANAGE A SUCCESSFUL LAUNCH
● TAKEAWAYS
3
THE PRODUCT ROADMAP PROCESS
4
Source : https://jefago.medium.com/how-do-you-create-a-product-roadmap-d41a42b4a543
VOICE MODE : THE “WHAT” & THE
“WHY”
5
WHAT IS VOICE MODE?
◦ A native voice-assistant in the app that lets
you control your listening experience in a
natural, conversational way.
◦ Most beneficial in hands-free contexts such
as driving, cooking, and cleaning.
◦ Can tap the mic or say “Hey Pandora!”
◦ Offers personalized recommendations for
ambiguous and thematic request such as
“play more like this” or “play relaxing music”
6
THE CHALLENGES OF INNOVATION (AS A PM)
◦ Learning a new problem
space.
◦ No well-established
benchmarks
◦ Unpredictable timelines
◦ Getting alignment and
communicating effectively
◦ Managing risk
...And the dreaded “unknown
unknowns!”
7
START AT THE END
Work backwards
8
Be customer obsessed
Describe how the product
will feel, how it is
differentiated, the benefits
of using it.
WRITE THE PR/FAQ
9
◦ What features do you
need for a successful
launch?
◦ What do you need to
know before you
launch?
◦ What can you learn
post-launch?
DEFINE YOUR MVP (OR COMPELLING V1)
10
How to get there (Deliver, Learn, Adapt)
An example :
THE PATH TO MVP
11
Team
Beta
VIP
Beta
Employee
Beta
Limited
Launch*
General
Availability*
*Public facing
- Feature
works!
- No bugs
- Repeat use
- Favorable
NPS
- Performance
metrics
- Uncover edge
cases
- Positive
feedback
- Uncover
product gaps
- A/B test
efficacy of
onboarding
funnel
- Neutral/positive
retention metrics.
- Positive feedback
from UXR Studies.
DEFINE SUCCESS
Determine thresholds
12
Well defined go/no-go criteria will help...
◦ Align with stakeholders on your decision making criteria
◦ Track and Report on progress
◦ Identify risks and create mitigation plans
GO/NO-GO CRITERIA
13
BE FLEXIBLE
Plan for the “unknown”
14
USE MILESTONES INSTEAD OF TIMELINES
15
It’s ok to delay!
IN SUMMARY
16
CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!)
LEARNING A NEW PROBLEM SPACE
17
Look outward and inward to familiarize yourself with the problem space.
● Competitive Analysis and Market Research to understand the Voice UI space
and determine differentiators at launch.
● Reached out to Eng and Science partners to learn about Voice technologies -
Automatic Speech Recognition, Natural Language Understanding, and Text To
Speech.
● Read and followed experts in the field.
CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!)
LACK OF BENCHMARKS
18
Lean on UXR and qualitative feedback in the early stages to determine quality
thresholds.
● Leveraged UX Research to determine differentiators at launch.
● Did a blind test to compare Pandora’s Text To Speech voice with competitors’.
● Recruited employees to rate the personalization and relevance of our responses
vs competitors’.
● Recruited employees to compare our Automatic Speech Recognition accuracy
with competitors’.
Use benchmarks from comparable features to set thresholds
● Assessed conversion funnels from prior feature launches to define success
for Voice Mode onboarding flow.
● Created new metric to measure End to End accuracy for Voice by comparing
text search behaviors and metrics.
CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!)
UNPREDICTABLE TIMELINES + EFFECTIVE COMMUNICATION
19
Use Milestone-driven goals instead of timeline-driven ones
● Instead of targeting a release, used calendar year Quarter.
● Stoplight reporting on each go/no-go criteria to report progress and
call out risk.
● Extended planned limited launch phase from 1 month to ~3 months
because accuracy metrics dipped with real world usage.
CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!)
MANAGING RISKS AND PLANNING FOR UNKNOWN UNKNOWNS
20
Take a pessimistic view and plan for undesired outcomes
● Kept the “BETA” label 3 months post launch to manage user
expectations.
● Extending the limited launch phase from 1 month to 3 months meant
that we missed our Q2 2019 target. But that was ok because using
go/no-go criteria forced us to plan for this eventuality early on.
● De-risked revenue impact by testing “bold” features on paid users first,
then rolling out to ad-supported.
LAUNCH STORY
21
A win for Pandora and the Voice Team!
22
TAKEAWAYS
23
● Obsess about the customer experience.
● Work backwards.
● Identify the launch phases and the go/no-go (or entry and
exit) criteria.
● Define thresholds for those criteria. Get creative!
● Evangelize!
● Trust your gut.
● Ruthlessly prioritize.
REMEMBER TO...
24
Thanks!
ANY QUESTIONS?
You can find me at
linkedin.com/in/ananyasharan/
25
www.productschool.com
Part-time Product Management Training Courses
and
Corporate Training

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Leading Innovation as a PM by Pandora Sr PM

  • 1. Leading Innovation as a PM by Pandora Sr PM www.productschool.com
  • 2. CERTIFICATES Your Product Management Certificate Path Product Leadership Certificate™ Full Stack Product Management Certificate™ Product Management Certificate™
  • 3. Corporate Training Level up your team’s Product Management skills
  • 4. Free Product Management Resources BOOKS EVENTS JOB PORTAL COMMUNITIES bit.ly/product_resources COURSES
  • 5. 1 LEADING INNOVATION AS A PM Ananya Sharan Sr PM @ Pandora SXM
  • 6. Hello! I AM ANANYA SHARAN I started as an software engineer, aspired to become a banker, and now a PM for 10+ years. I solve ambiguous problems through innovative products that improve customers’ lives. 2
  • 7. IN THIS SESSION... ● CHALLENGES OF INNOVATING ● TACTICS TO MANAGE A SUCCESSFUL LAUNCH ● TAKEAWAYS 3
  • 8. THE PRODUCT ROADMAP PROCESS 4 Source : https://jefago.medium.com/how-do-you-create-a-product-roadmap-d41a42b4a543
  • 9. VOICE MODE : THE “WHAT” & THE “WHY” 5
  • 10. WHAT IS VOICE MODE? ◦ A native voice-assistant in the app that lets you control your listening experience in a natural, conversational way. ◦ Most beneficial in hands-free contexts such as driving, cooking, and cleaning. ◦ Can tap the mic or say “Hey Pandora!” ◦ Offers personalized recommendations for ambiguous and thematic request such as “play more like this” or “play relaxing music” 6
  • 11. THE CHALLENGES OF INNOVATION (AS A PM) ◦ Learning a new problem space. ◦ No well-established benchmarks ◦ Unpredictable timelines ◦ Getting alignment and communicating effectively ◦ Managing risk ...And the dreaded “unknown unknowns!” 7
  • 12. START AT THE END Work backwards 8
  • 13. Be customer obsessed Describe how the product will feel, how it is differentiated, the benefits of using it. WRITE THE PR/FAQ 9
  • 14. ◦ What features do you need for a successful launch? ◦ What do you need to know before you launch? ◦ What can you learn post-launch? DEFINE YOUR MVP (OR COMPELLING V1) 10
  • 15. How to get there (Deliver, Learn, Adapt) An example : THE PATH TO MVP 11 Team Beta VIP Beta Employee Beta Limited Launch* General Availability* *Public facing - Feature works! - No bugs - Repeat use - Favorable NPS - Performance metrics - Uncover edge cases - Positive feedback - Uncover product gaps - A/B test efficacy of onboarding funnel - Neutral/positive retention metrics. - Positive feedback from UXR Studies.
  • 17. Well defined go/no-go criteria will help... ◦ Align with stakeholders on your decision making criteria ◦ Track and Report on progress ◦ Identify risks and create mitigation plans GO/NO-GO CRITERIA 13
  • 18. BE FLEXIBLE Plan for the “unknown” 14
  • 19. USE MILESTONES INSTEAD OF TIMELINES 15 It’s ok to delay!
  • 21. CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!) LEARNING A NEW PROBLEM SPACE 17 Look outward and inward to familiarize yourself with the problem space. ● Competitive Analysis and Market Research to understand the Voice UI space and determine differentiators at launch. ● Reached out to Eng and Science partners to learn about Voice technologies - Automatic Speech Recognition, Natural Language Understanding, and Text To Speech. ● Read and followed experts in the field.
  • 22. CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!) LACK OF BENCHMARKS 18 Lean on UXR and qualitative feedback in the early stages to determine quality thresholds. ● Leveraged UX Research to determine differentiators at launch. ● Did a blind test to compare Pandora’s Text To Speech voice with competitors’. ● Recruited employees to rate the personalization and relevance of our responses vs competitors’. ● Recruited employees to compare our Automatic Speech Recognition accuracy with competitors’. Use benchmarks from comparable features to set thresholds ● Assessed conversion funnels from prior feature launches to define success for Voice Mode onboarding flow. ● Created new metric to measure End to End accuracy for Voice by comparing text search behaviors and metrics.
  • 23. CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!) UNPREDICTABLE TIMELINES + EFFECTIVE COMMUNICATION 19 Use Milestone-driven goals instead of timeline-driven ones ● Instead of targeting a release, used calendar year Quarter. ● Stoplight reporting on each go/no-go criteria to report progress and call out risk. ● Extended planned limited launch phase from 1 month to ~3 months because accuracy metrics dipped with real world usage.
  • 24. CHALLENGES AND MITIGATION TACTICS (WITH EXAMPLES!) MANAGING RISKS AND PLANNING FOR UNKNOWN UNKNOWNS 20 Take a pessimistic view and plan for undesired outcomes ● Kept the “BETA” label 3 months post launch to manage user expectations. ● Extending the limited launch phase from 1 month to 3 months meant that we missed our Q2 2019 target. But that was ok because using go/no-go criteria forced us to plan for this eventuality early on. ● De-risked revenue impact by testing “bold” features on paid users first, then rolling out to ad-supported.
  • 26. A win for Pandora and the Voice Team! 22
  • 28. ● Obsess about the customer experience. ● Work backwards. ● Identify the launch phases and the go/no-go (or entry and exit) criteria. ● Define thresholds for those criteria. Get creative! ● Evangelize! ● Trust your gut. ● Ruthlessly prioritize. REMEMBER TO... 24
  • 29. Thanks! ANY QUESTIONS? You can find me at linkedin.com/in/ananyasharan/ 25
  • 30. www.productschool.com Part-time Product Management Training Courses and Corporate Training