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www.productschool.com
Product Development Cycle
by Farfetch Principal PM
Your Product Management Certificate Path
Product Leadership
Certificate™
Full Stack Product
Management Certificate™
Product Management
Certificate™
20 HOURS40 HOURS40 HOURS
Corporate
Training
Free Product Management Resources
BOOKS
EVENTS
JOB PORTAL
COMMUNITIES
bit.ly/product_resources
COURSES
Webinar: Product Development Cycle
by
Nuno Martins - Principal Product Manager @ Farfetch
www.productschool.com
Nuno Martins
Principal Product Manager @
Farfetch
● Physics Engineer
● Investigator during a full year with 6 peer reviewed scientific papers published
● Founder of jeKnowledge
● 2.5y Innovation Manager @ Intelligent Sensing Anywhere
● 5y Product Manager @ Intelligent Sensing Anywhere
● +4y Product Manager @ Farfetch
Agenda
1
www.productschool.com
● Customer obsession
● Start with the problem
● Elaborate your hypothesis
● Move to the solution space
● Focus on outcomes
● Build your extended team
● Get it done
● Ship it 🛫
● Landing it 🛬
Customer obsession
1
by the end, it’s only used in the Drug and Software industries
Let’s ditch the term User.
it’s easy to relate, you’re also one
Focus on Customer instead
we’re always right and know what we want
and as a Customer
is that what, actually, customers need?
but
there’s a problem to be solved
where there’s a need
build the case from there, start by framing your problem
Start with the problem
Use the tools you need and collect the insights from all your
customers and those that can influentiate your customer. Know
your market and your competitive landscape.
With all these at hand, frame the problem and create a solid
problem statement
Framing the problem
Go for clarity, don’t stop until is:
- crystal clear
- easy to explain
- everyone understands
The problem space is set
Give up some structure to your product development cycle.
The Hypothesis will help you with your line of thought and focus
on the outcome
Move to your hypothesis
Based on <insight> , we believe <product change> will result in
<behavioural change> as measured by <measurable impact>
Building your hypothesis
MEASURABLE IMPACT
HOW SUCCESS LOOKS LIKE
BEHAVIOURAL CHANGE
WHAT TO EXPECT
PRODUCT CHANGE
SOLUTION SPACE
INSIGHT
PROBLEM SPACE
put your hypothesis to test
Moving to the solution space
start with quantity
How to choose your solution
Solution
1
Problem
A
Solution
n
Solution
1
...
Do not focus yourself on development only, what can you do, as
early to apply your solution
How early can you apply your solution
We need to be pragmatic about it and assess early on the
cost/effort of our solutions
How much will cost 💸
Balance the complexity of implementing your solutions against
the outcome that you’ll get, this will provide guidance for your
prioritisation exercise
Definition of success
Try to be clear about:
How does success looks like
Set for success early in the game
remove the subjectiveness and look for what metrics
will move the needle where you want it to.
How will this metrics connect to your strategy?
Definition of success
How much value are you driving and what customer success
metrics are you leveraging.
Also, don’t forget when do you need to stop.
Definition of success
DeliveryProduct Discovery Build Up
Invest more on early stages, before delivery.
Prepared ahead and allow to invest continuously over Product
Discovery
Move to the left
Build it together
1
Tackling risks upfront:
● viability
● usability
● valuable
● feasible
Prepping for delivery
Setup the right skills and work together
Assemble the team
Product, Design,
Engineering
Build a prototype
isitfeasible,isitviable?
Fram
etheproblem
tobesolved
🕵‍♀ User Research📈 Product Analytics
The tools and processes serve to solidify the communication, to
make it available to everyone who may need it.
Over communicate
The tools and processes serve to solidify the communication, to
make it available to everyone who may need it.
rule of thumb:
Strong or co-located teams need less documentation
Weaker or distributed teams require more documentation
Over communicate
The execution stage is actually where we can have some 🏖 from
the development team -there will be some admin, of course but
it’s a great time to do some real Product work
Get it done
Get ready for real world test.
Shipping your product to your customers and how
they’ll get it.
When done, celebrate it. It’s hard to do product
Putting it out there
Focus on the landing
Landings are the validation of your definition of
success.
But
Understand what went well
Address what went wrong
LEARN with both success and failures.
Remember the learnings
and keeping record of the learnings
allow it to drive your product forward
It’s about the journey
Main Takeaways
1
www.productschool.com
● Clarity over problems
● Discovery over delivery
● Landings over launches
Thank You!
www.productschool.com
Nuno Martins:
linkedin
www.productschool.com
Part-time Product Management Training Courses
and
Corporate Training

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Product Development Cycle by Farfetch Principal PM

  • 2. Your Product Management Certificate Path Product Leadership Certificate™ Full Stack Product Management Certificate™ Product Management Certificate™ 20 HOURS40 HOURS40 HOURS
  • 4. Free Product Management Resources BOOKS EVENTS JOB PORTAL COMMUNITIES bit.ly/product_resources COURSES
  • 5. Webinar: Product Development Cycle by Nuno Martins - Principal Product Manager @ Farfetch www.productschool.com
  • 6. Nuno Martins Principal Product Manager @ Farfetch
  • 7. ● Physics Engineer ● Investigator during a full year with 6 peer reviewed scientific papers published ● Founder of jeKnowledge ● 2.5y Innovation Manager @ Intelligent Sensing Anywhere ● 5y Product Manager @ Intelligent Sensing Anywhere ● +4y Product Manager @ Farfetch
  • 8. Agenda 1 www.productschool.com ● Customer obsession ● Start with the problem ● Elaborate your hypothesis ● Move to the solution space ● Focus on outcomes ● Build your extended team ● Get it done ● Ship it 🛫 ● Landing it 🛬
  • 10. by the end, it’s only used in the Drug and Software industries Let’s ditch the term User.
  • 11. it’s easy to relate, you’re also one Focus on Customer instead
  • 12. we’re always right and know what we want and as a Customer
  • 13. is that what, actually, customers need? but
  • 14. there’s a problem to be solved where there’s a need
  • 15. build the case from there, start by framing your problem Start with the problem
  • 16. Use the tools you need and collect the insights from all your customers and those that can influentiate your customer. Know your market and your competitive landscape. With all these at hand, frame the problem and create a solid problem statement Framing the problem
  • 17. Go for clarity, don’t stop until is: - crystal clear - easy to explain - everyone understands The problem space is set
  • 18. Give up some structure to your product development cycle. The Hypothesis will help you with your line of thought and focus on the outcome Move to your hypothesis
  • 19. Based on <insight> , we believe <product change> will result in <behavioural change> as measured by <measurable impact> Building your hypothesis
  • 20. MEASURABLE IMPACT HOW SUCCESS LOOKS LIKE BEHAVIOURAL CHANGE WHAT TO EXPECT PRODUCT CHANGE SOLUTION SPACE INSIGHT PROBLEM SPACE
  • 21. put your hypothesis to test Moving to the solution space
  • 22. start with quantity How to choose your solution Solution 1 Problem A Solution n Solution 1 ...
  • 23. Do not focus yourself on development only, what can you do, as early to apply your solution How early can you apply your solution
  • 24. We need to be pragmatic about it and assess early on the cost/effort of our solutions How much will cost 💸
  • 25. Balance the complexity of implementing your solutions against the outcome that you’ll get, this will provide guidance for your prioritisation exercise Definition of success
  • 26. Try to be clear about: How does success looks like Set for success early in the game
  • 27. remove the subjectiveness and look for what metrics will move the needle where you want it to. How will this metrics connect to your strategy? Definition of success
  • 28. How much value are you driving and what customer success metrics are you leveraging. Also, don’t forget when do you need to stop. Definition of success
  • 30. Invest more on early stages, before delivery. Prepared ahead and allow to invest continuously over Product Discovery Move to the left
  • 32. Tackling risks upfront: ● viability ● usability ● valuable ● feasible Prepping for delivery
  • 33. Setup the right skills and work together Assemble the team
  • 34. Product, Design, Engineering Build a prototype isitfeasible,isitviable? Fram etheproblem tobesolved 🕵‍♀ User Research📈 Product Analytics
  • 35. The tools and processes serve to solidify the communication, to make it available to everyone who may need it. Over communicate
  • 36. The tools and processes serve to solidify the communication, to make it available to everyone who may need it. rule of thumb: Strong or co-located teams need less documentation Weaker or distributed teams require more documentation Over communicate
  • 37. The execution stage is actually where we can have some 🏖 from the development team -there will be some admin, of course but it’s a great time to do some real Product work Get it done
  • 38. Get ready for real world test. Shipping your product to your customers and how they’ll get it. When done, celebrate it. It’s hard to do product Putting it out there
  • 39. Focus on the landing Landings are the validation of your definition of success. But
  • 40. Understand what went well Address what went wrong LEARN with both success and failures. Remember the learnings
  • 41. and keeping record of the learnings allow it to drive your product forward It’s about the journey
  • 42. Main Takeaways 1 www.productschool.com ● Clarity over problems ● Discovery over delivery ● Landings over launches
  • 44. www.productschool.com Part-time Product Management Training Courses and Corporate Training