SlideShare uma empresa Scribd logo
1 de 25
Baixar para ler offline
www.productschool.com
Webinar: Product Roadmap
Prioritization by Amazon Principal PM
CERTIFICATES
Your Product Management Certificate Path
Product Leadership
Certificate™
Full Stack Product
Management Certificate™
Product Management
Certificate™
20 HOURS
40 HOURS
40 HOURS
Corporate
Training
Level up your team’s Product
Management skills
Free Product Management Resources
BOOKS
EVENTS
JOB PORTAL
COMMUNITIES
bit.ly/product_resources
COURSES
Product Prioritization 
Poornima Jarajapu
Intro!
Alumni of The Indian School of Business
Have around 7 years of product experience
Worked with redBus and Axis bank in the past
Work for Amazon Pay @India now, taking care of
product portfolio for online merchants
“Why is it important to
have a product
prioritization charter
and thereby a
roadmap defined?”
8
Because we cannot have it all ☺
▸ You ever felt, large engineering team would solve it?
▸ Is building the product – the only cost involved?
▸ What about the return of effort? (ROE – not
investment)
9
Well, prioritization is required as
10
Launching the right product at right time is important to not lose an
opportunity in market
Picking up a wrong item (even with low effort) implies something
else which deserves the place is dropped
Setting up a plan gives you visibility on what are the bigger bets for
future
So it is about the choices we make!
And what happens if you do not have framework?
▸ It leads to building products which come as adhoc requests
▸ Launching products which are easy vs what customer needs
▸ Drivers you to build cool things than solving complex problems
▹ Given the new innovations in market, this happens often
▹ For instance, Fancy Chatbots Vs. Process optimization
11
Let’s start with the process of prioritization
12
Maintain a collection of tasks/projects
Have a backlog of all your items in a tool you are comfortable with
A simple excel / JIRA / Trello – anything which works for you
Keep updating this sheet regularly
Divide these items into tasks/stories/epics/themes
Epic covers an entire user journey and task is one of the actions which user
will take in that journey. 
Epic – bus booking on a website. 
Story – booking a bus. 
Task – Searching for buses on a particular route)
13
Make it inclusive
14
Involve different stakeholders
Keep the framework very transparent
Communicate at epic level to begin with..
Let all stakeholders know the impact & customer needs
This makes the team more involved, accountable and a
fun-filled exercise!
Methods to communicate to stakeholders
▸ Buy a feature (helps between cross functional stakeholders): 
▹ Give points to the audience and ask them to spend it on set of features
▹ Rank the features in the order of money spent on it. 
▹ Avoid biases – Make sure that member names are not revealed and each
one should not see other’s responses
▸ Affinity grouping (helps within product team):
▹ Fresh brainstorming to come up with set of ideas
▹ Followed by grouping similar ideas, naming them and then voting in
order of priority
15
Convince Stakeholders (and yourself)
16
Scoring model helps the entire team: realistic conversations
and makes features standout
A simple effort vs impact (or cost-benefit) model would help
Could be done in a tabular/weighted representation or a
graphical/matrix form as well.
2X2 matrix
Plot each feature into one quadrant
These are the efforts (could try the
T shirt sizes) given by Engg team
Kano Model
18
A Kano model helps here to figure out the
customer delight versus product function
Must be: Basic needs
Ex: Book a bus ticket for all possible routes
Performance: Customers look for these and
appreciate these
Ex: Complete the payment in single click
compared to a 2 step process
Attractive: These are the delights or wow factors!
Wake up the travelling-customer with a call when
the destination is reaching in 15 minutes
Weighted Scoring
▸ Old cost benefit analysis but gives different
weights to each factor (as per position,
domain, competition and strategy of business)
▸ Common benefits
▹ Increase in revenue
▹ Product Adaption
▹ Customer delight
▸ Common Costs
▹ Engineering effort (timelines)
▹ Operational cost - marketing / call center
/ operating the supply
▹ Risks involved if any
19
Sample scoring model (Benefits-Costs). Each
feature is rated against scale of 5 and weightage
average is calculated.
Ex: Building personalized/loyalty offer engine in
first row: (5*30+3*20+3*10-4*30-2*10)/5 = 20
More scoring methods
▸ There are models like RICE which suggest you to go with a
score like below
▹ (Reach of audience X Impact of feature X Confidence of
estimate)/Effort.
▸ Applicable more for a waterfall method
▸ Implementation cycles these days (particularly in eComm.)
are agile driven
▸ Choose based on your implementation cycles
20
Design own metric for scoring
▸ While effort vs. impact is the most common technique used
▸ You can have your own set of attributes based on the stage of business. 
▸ Say you are starting up to disrupt the market with has a big player,
▹ Market differentiators (high weightage)
▹ (Cost of) Reach to the particular segment you are looking for
▹ Effort (low weightage – you will be ok to spend the energy on building
basics compared to market leader)
21
Sample themes for prioritization in top down order
22
Growth stage
Differentiating features
New user acquisition
Coverage of customers into particular
segment
Cost of implementation
Well established
corporate
Compliance/Regulatory
Customer trust/brand value
Technical Debts / Cost of
implementation
Growth / incremental revenues
Enhancements
Avoid biases
23
It is ok to do less if you can impact more!
The complexity of building a project is not related to the impact it could
create
What is rewarding at the end for the customer is solving the problem and
not if it is solved with complex methods
Consider the stage of the project. Is it a blocker for release?
Finally, save the work before you leave!
▸ A good scoring model helps you to directly go to sprint board from
planning!
▸ Publish the framework to everyone involved
▸ Remember we included all stakeholders in the beginning?
▸ Keep reminding the past but be agile! ☺
24
Thanks!
Any questions?
You can find me on LinkedIn
@PoornimaJarajapu
www.productschool.com
Part-time Product Management Training Courses
and
Corporate Training

Mais conteúdo relacionado

Mais procurados

Product Owner and Strategy
Product Owner and StrategyProduct Owner and Strategy
Product Owner and StrategyRoman Pichler
 
Lean Product Discovery
Lean Product DiscoveryLean Product Discovery
Lean Product DiscoveryDavid Hawks
 
Agile Product Discovery
Agile Product DiscoveryAgile Product Discovery
Agile Product DiscoveryTathagat Varma
 
Essentials of Product Management
Essentials of Product ManagementEssentials of Product Management
Essentials of Product ManagementJanna Bastow
 
Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...
Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...
Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...Product School
 
Product Owner & Product Manager Training
Product Owner & Product Manager TrainingProduct Owner & Product Manager Training
Product Owner & Product Manager TrainingRob Betcher
 
Finding Product Market Fit
Finding Product Market FitFinding Product Market Fit
Finding Product Market FitScott Bales
 
How to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff PaquinHow to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff PaquinRaff Paquin
 
How to Build a Robust Product Roadmap by Salesforce VP of Product
How to Build a Robust Product Roadmap by Salesforce VP of ProductHow to Build a Robust Product Roadmap by Salesforce VP of Product
How to Build a Robust Product Roadmap by Salesforce VP of ProductProduct School
 
Practical Product Management for new Product Managers
Practical Product Management for new Product ManagersPractical Product Management for new Product Managers
Practical Product Management for new Product ManagersAmarpreet Kalkat
 
Introduction to Lean Startup » Lean Startup Barcelona
Introduction to Lean Startup » Lean Startup BarcelonaIntroduction to Lean Startup » Lean Startup Barcelona
Introduction to Lean Startup » Lean Startup BarcelonaJaume Teixi
 
Product-Led Growth by Amazon Senior Product Manager
Product-Led Growth by Amazon Senior Product ManagerProduct-Led Growth by Amazon Senior Product Manager
Product-Led Growth by Amazon Senior Product ManagerProduct School
 
The 10 Steps to Becoming a Great Agile Coach
The 10 Steps to Becoming a Great Agile CoachThe 10 Steps to Becoming a Great Agile Coach
The 10 Steps to Becoming a Great Agile CoachLeadingAgile
 
Scrum - Product Owner
Scrum - Product OwnerScrum - Product Owner
Scrum - Product OwnerMárcio Oya
 
Exploring the Lean Canvas
Exploring the Lean CanvasExploring the Lean Canvas
Exploring the Lean CanvasSheen Yap
 
What the heck is Product-led Growth?
What the heck is Product-led Growth?What the heck is Product-led Growth?
What the heck is Product-led Growth?OpenView
 

Mais procurados (20)

Product Owner and Strategy
Product Owner and StrategyProduct Owner and Strategy
Product Owner and Strategy
 
Professional Scrum Product Owner I (PSPO-I)
Professional Scrum Product Owner I (PSPO-I)Professional Scrum Product Owner I (PSPO-I)
Professional Scrum Product Owner I (PSPO-I)
 
Lean Product Discovery
Lean Product DiscoveryLean Product Discovery
Lean Product Discovery
 
Agile Product Discovery
Agile Product DiscoveryAgile Product Discovery
Agile Product Discovery
 
Essentials of Product Management
Essentials of Product ManagementEssentials of Product Management
Essentials of Product Management
 
Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...
Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...
Customer Centric & Hypothesis Driven Innovation by Cruise VP of Product Engin...
 
Product Owner & Product Manager Training
Product Owner & Product Manager TrainingProduct Owner & Product Manager Training
Product Owner & Product Manager Training
 
Finding Product Market Fit
Finding Product Market FitFinding Product Market Fit
Finding Product Market Fit
 
How to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff PaquinHow to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff Paquin
 
How to Build a Robust Product Roadmap by Salesforce VP of Product
How to Build a Robust Product Roadmap by Salesforce VP of ProductHow to Build a Robust Product Roadmap by Salesforce VP of Product
How to Build a Robust Product Roadmap by Salesforce VP of Product
 
Practical Product Management for new Product Managers
Practical Product Management for new Product ManagersPractical Product Management for new Product Managers
Practical Product Management for new Product Managers
 
Testing Your MVP
Testing Your MVPTesting Your MVP
Testing Your MVP
 
Introduction to Lean Startup » Lean Startup Barcelona
Introduction to Lean Startup » Lean Startup BarcelonaIntroduction to Lean Startup » Lean Startup Barcelona
Introduction to Lean Startup » Lean Startup Barcelona
 
Scrum Product Owner
Scrum Product OwnerScrum Product Owner
Scrum Product Owner
 
Product Roadmap
Product RoadmapProduct Roadmap
Product Roadmap
 
Product-Led Growth by Amazon Senior Product Manager
Product-Led Growth by Amazon Senior Product ManagerProduct-Led Growth by Amazon Senior Product Manager
Product-Led Growth by Amazon Senior Product Manager
 
The 10 Steps to Becoming a Great Agile Coach
The 10 Steps to Becoming a Great Agile CoachThe 10 Steps to Becoming a Great Agile Coach
The 10 Steps to Becoming a Great Agile Coach
 
Scrum - Product Owner
Scrum - Product OwnerScrum - Product Owner
Scrum - Product Owner
 
Exploring the Lean Canvas
Exploring the Lean CanvasExploring the Lean Canvas
Exploring the Lean Canvas
 
What the heck is Product-led Growth?
What the heck is Product-led Growth?What the heck is Product-led Growth?
What the heck is Product-led Growth?
 

Semelhante a Product Roadmap Prioritization by Amazon Principal PM

Product management in practice
Product management in practiceProduct management in practice
Product management in practiceBikram Gupta
 
Build vs Partner - How to Choose by fmr PayPal Product Leader
Build vs Partner - How to Choose by fmr PayPal Product LeaderBuild vs Partner - How to Choose by fmr PayPal Product Leader
Build vs Partner - How to Choose by fmr PayPal Product LeaderProduct School
 
Product Management 101: Techniques for Success
Product Management 101:  Techniques for SuccessProduct Management 101:  Techniques for Success
Product Management 101: Techniques for SuccessMatterport
 
How to Increase Your Product Sense by ServiceNow Senior PM
How to Increase Your Product Sense by ServiceNow Senior PMHow to Increase Your Product Sense by ServiceNow Senior PM
How to Increase Your Product Sense by ServiceNow Senior PMProduct School
 
How to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorHow to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorProduct School
 
Coordinate Roadmaps & Work with Multiple Teams by Amazon PM
Coordinate Roadmaps & Work with Multiple Teams by Amazon PMCoordinate Roadmaps & Work with Multiple Teams by Amazon PM
Coordinate Roadmaps & Work with Multiple Teams by Amazon PMProduct School
 
Boise State University Presentation
Boise State University PresentationBoise State University Presentation
Boise State University PresentationSGWDesignworks
 
Scoping your next release defining and documenting mv ps
Scoping your next release  defining and documenting mv psScoping your next release  defining and documenting mv ps
Scoping your next release defining and documenting mv psTristan Senycia
 
Will it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talks
Will it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talksWill it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talks
Will it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talksStewart Youngblood
 
Product vs Program/Project Management
Product vs Program/Project ManagementProduct vs Program/Project Management
Product vs Program/Project ManagementRich Mironov
 
How to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorHow to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorProduct School
 
[DRAFT] Module 2 - Your Business or Mission Model.pdf
[DRAFT] Module 2 - Your Business or Mission Model.pdf[DRAFT] Module 2 - Your Business or Mission Model.pdf
[DRAFT] Module 2 - Your Business or Mission Model.pdfSandyHong9
 
2.Business-model-canvas-section-2.pdf
2.Business-model-canvas-section-2.pdf2.Business-model-canvas-section-2.pdf
2.Business-model-canvas-section-2.pdfCyberTechy
 
From Product Vision to Story Map - Lean / Agile Product shaping
From Product Vision to Story Map - Lean / Agile Product shapingFrom Product Vision to Story Map - Lean / Agile Product shaping
From Product Vision to Story Map - Lean / Agile Product shapingJérôme Kehrli
 
The Butterfly Principle for Product Management by GameBench CEO
The Butterfly Principle for Product Management by GameBench CEOThe Butterfly Principle for Product Management by GameBench CEO
The Butterfly Principle for Product Management by GameBench CEOProduct School
 
How to improve your product sense?
How to improve your product sense?How to improve your product sense?
How to improve your product sense?manjeetjakhar
 
How to best create and manage product roadmaps
How to best create and manage product roadmapsHow to best create and manage product roadmaps
How to best create and manage product roadmapsJeremy Horn
 
From idea to business model the lean startup way
From idea to business model   the lean startup wayFrom idea to business model   the lean startup way
From idea to business model the lean startup wayRadhesh Radhakrishnan
 

Semelhante a Product Roadmap Prioritization by Amazon Principal PM (20)

Product management in practice
Product management in practiceProduct management in practice
Product management in practice
 
Build vs Partner - How to Choose by fmr PayPal Product Leader
Build vs Partner - How to Choose by fmr PayPal Product LeaderBuild vs Partner - How to Choose by fmr PayPal Product Leader
Build vs Partner - How to Choose by fmr PayPal Product Leader
 
Product Management 101: Techniques for Success
Product Management 101:  Techniques for SuccessProduct Management 101:  Techniques for Success
Product Management 101: Techniques for Success
 
How to Increase Your Product Sense by ServiceNow Senior PM
How to Increase Your Product Sense by ServiceNow Senior PMHow to Increase Your Product Sense by ServiceNow Senior PM
How to Increase Your Product Sense by ServiceNow Senior PM
 
How to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorHow to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product Advisor
 
Coordinate Roadmaps & Work with Multiple Teams by Amazon PM
Coordinate Roadmaps & Work with Multiple Teams by Amazon PMCoordinate Roadmaps & Work with Multiple Teams by Amazon PM
Coordinate Roadmaps & Work with Multiple Teams by Amazon PM
 
Boise State University Presentation
Boise State University PresentationBoise State University Presentation
Boise State University Presentation
 
Scoping your next release defining and documenting mv ps
Scoping your next release  defining and documenting mv psScoping your next release  defining and documenting mv ps
Scoping your next release defining and documenting mv ps
 
Will it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talks
Will it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talksWill it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talks
Will it work by Stewart Youngblood - Dallas Entrepreneur Center Weekly talks
 
The DEC Education: Will it Work?
The DEC Education: Will it Work?The DEC Education: Will it Work?
The DEC Education: Will it Work?
 
Product vs Program/Project Management
Product vs Program/Project ManagementProduct vs Program/Project Management
Product vs Program/Project Management
 
How to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product AdvisorHow to Use Data to Build Products by Tradesy Product Advisor
How to Use Data to Build Products by Tradesy Product Advisor
 
[DRAFT] Module 2 - Your Business or Mission Model.pdf
[DRAFT] Module 2 - Your Business or Mission Model.pdf[DRAFT] Module 2 - Your Business or Mission Model.pdf
[DRAFT] Module 2 - Your Business or Mission Model.pdf
 
2.Business-model-canvas-section-2.pdf
2.Business-model-canvas-section-2.pdf2.Business-model-canvas-section-2.pdf
2.Business-model-canvas-section-2.pdf
 
From Product Vision to Story Map - Lean / Agile Product shaping
From Product Vision to Story Map - Lean / Agile Product shapingFrom Product Vision to Story Map - Lean / Agile Product shaping
From Product Vision to Story Map - Lean / Agile Product shaping
 
The Butterfly Principle for Product Management by GameBench CEO
The Butterfly Principle for Product Management by GameBench CEOThe Butterfly Principle for Product Management by GameBench CEO
The Butterfly Principle for Product Management by GameBench CEO
 
How to improve your product sense?
How to improve your product sense?How to improve your product sense?
How to improve your product sense?
 
Design Thinking
Design Thinking Design Thinking
Design Thinking
 
How to best create and manage product roadmaps
How to best create and manage product roadmapsHow to best create and manage product roadmaps
How to best create and manage product roadmaps
 
From idea to business model the lean startup way
From idea to business model   the lean startup wayFrom idea to business model   the lean startup way
From idea to business model the lean startup way
 

Mais de Product School

Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - TechWebinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - TechProduct School
 
Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...
Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...
Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...Product School
 
Relationship Counselling: From Disjointed Features to Product-First Thinking ...
Relationship Counselling: From Disjointed Features to Product-First Thinking ...Relationship Counselling: From Disjointed Features to Product-First Thinking ...
Relationship Counselling: From Disjointed Features to Product-First Thinking ...Product School
 
Launching New Products In Companies Where It Matters Most by Product Director...
Launching New Products In Companies Where It Matters Most by Product Director...Launching New Products In Companies Where It Matters Most by Product Director...
Launching New Products In Companies Where It Matters Most by Product Director...Product School
 
Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...
Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...
Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...Product School
 
Revolutionizing The Banking Industry: The Monzo Way by CPO, Monzo
Revolutionizing The Banking Industry: The Monzo Way by CPO, MonzoRevolutionizing The Banking Industry: The Monzo Way by CPO, Monzo
Revolutionizing The Banking Industry: The Monzo Way by CPO, MonzoProduct School
 
Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...
Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...
Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...Product School
 
Act Like an Owner, Challenge Like a VC by former CPO, Tripadvisor
Act Like an Owner,  Challenge Like a VC by former CPO, TripadvisorAct Like an Owner,  Challenge Like a VC by former CPO, Tripadvisor
Act Like an Owner, Challenge Like a VC by former CPO, TripadvisorProduct School
 
The Future of Product, by Founder & CEO, Product School
The Future of Product, by Founder & CEO, Product SchoolThe Future of Product, by Founder & CEO, Product School
The Future of Product, by Founder & CEO, Product SchoolProduct School
 
Webinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdf
Webinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdfWebinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdf
Webinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdfProduct School
 
Webinar: Using GenAI for Increasing Productivity in PM by Amazon PM Leader
Webinar: Using GenAI for Increasing Productivity in PM by Amazon PM LeaderWebinar: Using GenAI for Increasing Productivity in PM by Amazon PM Leader
Webinar: Using GenAI for Increasing Productivity in PM by Amazon PM LeaderProduct School
 
Unlocking High-Performance Product Teams by former Meta Global PMM
Unlocking High-Performance Product Teams by former Meta Global PMMUnlocking High-Performance Product Teams by former Meta Global PMM
Unlocking High-Performance Product Teams by former Meta Global PMMProduct School
 
The Types of TPM Content Roles by Facebook product Leader
The Types of TPM Content Roles by Facebook product LeaderThe Types of TPM Content Roles by Facebook product Leader
The Types of TPM Content Roles by Facebook product LeaderProduct School
 
Match Is the New Sell in The Digital World by Amazon Product leader
Match Is the New Sell in The Digital World by Amazon Product leaderMatch Is the New Sell in The Digital World by Amazon Product leader
Match Is the New Sell in The Digital World by Amazon Product leaderProduct School
 
Beyond the Cart: Unleashing AI Wonders with Instacart’s Shopping Revolution
Beyond the Cart: Unleashing AI Wonders with Instacart’s Shopping RevolutionBeyond the Cart: Unleashing AI Wonders with Instacart’s Shopping Revolution
Beyond the Cart: Unleashing AI Wonders with Instacart’s Shopping RevolutionProduct School
 
Designing Great Products The Power of Design and Leadership
Designing Great Products The Power of Design and LeadershipDesigning Great Products The Power of Design and Leadership
Designing Great Products The Power of Design and LeadershipProduct School
 
Command the Room: Empower Your Team of Product Managers with Effective Commun...
Command the Room: Empower Your Team of Product Managers with Effective Commun...Command the Room: Empower Your Team of Product Managers with Effective Commun...
Command the Room: Empower Your Team of Product Managers with Effective Commun...Product School
 
Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...
Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...
Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...Product School
 
Customer-Centric PM: Anticipating Needs Across the Product Life Cycle
Customer-Centric PM: Anticipating Needs Across the Product Life CycleCustomer-Centric PM: Anticipating Needs Across the Product Life Cycle
Customer-Centric PM: Anticipating Needs Across the Product Life CycleProduct School
 
AI in Action The New Age of Intelligent Products and Sales Automation
AI in Action The New Age of Intelligent Products and Sales AutomationAI in Action The New Age of Intelligent Products and Sales Automation
AI in Action The New Age of Intelligent Products and Sales AutomationProduct School
 

Mais de Product School (20)

Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - TechWebinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
Webinar: The Art of Prioritizing Your Product Roadmap by AWS Sr PM - Tech
 
Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...
Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...
Harnessing the Power of GenAI for Exceptional Product Outcomes by Booking.com...
 
Relationship Counselling: From Disjointed Features to Product-First Thinking ...
Relationship Counselling: From Disjointed Features to Product-First Thinking ...Relationship Counselling: From Disjointed Features to Product-First Thinking ...
Relationship Counselling: From Disjointed Features to Product-First Thinking ...
 
Launching New Products In Companies Where It Matters Most by Product Director...
Launching New Products In Companies Where It Matters Most by Product Director...Launching New Products In Companies Where It Matters Most by Product Director...
Launching New Products In Companies Where It Matters Most by Product Director...
 
Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...
Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...
Cultivating Entrepreneurial Mindset in Product Management: Strategies for Suc...
 
Revolutionizing The Banking Industry: The Monzo Way by CPO, Monzo
Revolutionizing The Banking Industry: The Monzo Way by CPO, MonzoRevolutionizing The Banking Industry: The Monzo Way by CPO, Monzo
Revolutionizing The Banking Industry: The Monzo Way by CPO, Monzo
 
Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...
Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...
Synergy in Leadership and Product Excellence: A Blueprint for Growth by CPO, ...
 
Act Like an Owner, Challenge Like a VC by former CPO, Tripadvisor
Act Like an Owner,  Challenge Like a VC by former CPO, TripadvisorAct Like an Owner,  Challenge Like a VC by former CPO, Tripadvisor
Act Like an Owner, Challenge Like a VC by former CPO, Tripadvisor
 
The Future of Product, by Founder & CEO, Product School
The Future of Product, by Founder & CEO, Product SchoolThe Future of Product, by Founder & CEO, Product School
The Future of Product, by Founder & CEO, Product School
 
Webinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdf
Webinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdfWebinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdf
Webinar How PMs Use AI to 10X Their Productivity by Product School EiR.pdf
 
Webinar: Using GenAI for Increasing Productivity in PM by Amazon PM Leader
Webinar: Using GenAI for Increasing Productivity in PM by Amazon PM LeaderWebinar: Using GenAI for Increasing Productivity in PM by Amazon PM Leader
Webinar: Using GenAI for Increasing Productivity in PM by Amazon PM Leader
 
Unlocking High-Performance Product Teams by former Meta Global PMM
Unlocking High-Performance Product Teams by former Meta Global PMMUnlocking High-Performance Product Teams by former Meta Global PMM
Unlocking High-Performance Product Teams by former Meta Global PMM
 
The Types of TPM Content Roles by Facebook product Leader
The Types of TPM Content Roles by Facebook product LeaderThe Types of TPM Content Roles by Facebook product Leader
The Types of TPM Content Roles by Facebook product Leader
 
Match Is the New Sell in The Digital World by Amazon Product leader
Match Is the New Sell in The Digital World by Amazon Product leaderMatch Is the New Sell in The Digital World by Amazon Product leader
Match Is the New Sell in The Digital World by Amazon Product leader
 
Beyond the Cart: Unleashing AI Wonders with Instacart’s Shopping Revolution
Beyond the Cart: Unleashing AI Wonders with Instacart’s Shopping RevolutionBeyond the Cart: Unleashing AI Wonders with Instacart’s Shopping Revolution
Beyond the Cart: Unleashing AI Wonders with Instacart’s Shopping Revolution
 
Designing Great Products The Power of Design and Leadership
Designing Great Products The Power of Design and LeadershipDesigning Great Products The Power of Design and Leadership
Designing Great Products The Power of Design and Leadership
 
Command the Room: Empower Your Team of Product Managers with Effective Commun...
Command the Room: Empower Your Team of Product Managers with Effective Commun...Command the Room: Empower Your Team of Product Managers with Effective Commun...
Command the Room: Empower Your Team of Product Managers with Effective Commun...
 
Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...
Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...
Metrics That Matter: Bridging User Needs and Board Priorities for Business Su...
 
Customer-Centric PM: Anticipating Needs Across the Product Life Cycle
Customer-Centric PM: Anticipating Needs Across the Product Life CycleCustomer-Centric PM: Anticipating Needs Across the Product Life Cycle
Customer-Centric PM: Anticipating Needs Across the Product Life Cycle
 
AI in Action The New Age of Intelligent Products and Sales Automation
AI in Action The New Age of Intelligent Products and Sales AutomationAI in Action The New Age of Intelligent Products and Sales Automation
AI in Action The New Age of Intelligent Products and Sales Automation
 

Último

Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingEdi Saputra
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...apidays
 
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Victor Rentea
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyKhushali Kathiriya
 
Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024The Digital Insurer
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024The Digital Insurer
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Jeffrey Haguewood
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...apidays
 
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdfRising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdfOrbitshub
 
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...apidays
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
Ransomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfRansomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfOverkill Security
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsNanddeep Nachan
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesrafiqahmad00786416
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...apidays
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native ApplicationsWSO2
 

Último (20)

Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024AXA XL - Insurer Innovation Award Americas 2024
AXA XL - Insurer Innovation Award Americas 2024
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
 
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdfRising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
 
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Ransomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdfRansomware_Q4_2023. The report. [EN].pdf
Ransomware_Q4_2023. The report. [EN].pdf
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
MS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectorsMS Copilot expands with MS Graph connectors
MS Copilot expands with MS Graph connectors
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challenges
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
 

Product Roadmap Prioritization by Amazon Principal PM

  • 2. CERTIFICATES Your Product Management Certificate Path Product Leadership Certificate™ Full Stack Product Management Certificate™ Product Management Certificate™ 20 HOURS 40 HOURS 40 HOURS
  • 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
  • 6. Intro! Alumni of The Indian School of Business Have around 7 years of product experience Worked with redBus and Axis bank in the past Work for Amazon Pay @India now, taking care of product portfolio for online merchants
  • 7. “Why is it important to have a product prioritization charter and thereby a roadmap defined?” 8
  • 8. Because we cannot have it all ☺ ▸ You ever felt, large engineering team would solve it? ▸ Is building the product – the only cost involved? ▸ What about the return of effort? (ROE – not investment) 9
  • 9. Well, prioritization is required as 10 Launching the right product at right time is important to not lose an opportunity in market Picking up a wrong item (even with low effort) implies something else which deserves the place is dropped Setting up a plan gives you visibility on what are the bigger bets for future So it is about the choices we make!
  • 10. And what happens if you do not have framework? ▸ It leads to building products which come as adhoc requests ▸ Launching products which are easy vs what customer needs ▸ Drivers you to build cool things than solving complex problems ▹ Given the new innovations in market, this happens often ▹ For instance, Fancy Chatbots Vs. Process optimization 11
  • 11. Let’s start with the process of prioritization 12
  • 12. Maintain a collection of tasks/projects Have a backlog of all your items in a tool you are comfortable with A simple excel / JIRA / Trello – anything which works for you Keep updating this sheet regularly Divide these items into tasks/stories/epics/themes Epic covers an entire user journey and task is one of the actions which user will take in that journey.  Epic – bus booking on a website.  Story – booking a bus.  Task – Searching for buses on a particular route) 13
  • 13. Make it inclusive 14 Involve different stakeholders Keep the framework very transparent Communicate at epic level to begin with.. Let all stakeholders know the impact & customer needs This makes the team more involved, accountable and a fun-filled exercise!
  • 14. Methods to communicate to stakeholders ▸ Buy a feature (helps between cross functional stakeholders):  ▹ Give points to the audience and ask them to spend it on set of features ▹ Rank the features in the order of money spent on it.  ▹ Avoid biases – Make sure that member names are not revealed and each one should not see other’s responses ▸ Affinity grouping (helps within product team): ▹ Fresh brainstorming to come up with set of ideas ▹ Followed by grouping similar ideas, naming them and then voting in order of priority 15
  • 15. Convince Stakeholders (and yourself) 16 Scoring model helps the entire team: realistic conversations and makes features standout A simple effort vs impact (or cost-benefit) model would help Could be done in a tabular/weighted representation or a graphical/matrix form as well.
  • 16. 2X2 matrix Plot each feature into one quadrant These are the efforts (could try the T shirt sizes) given by Engg team
  • 17. Kano Model 18 A Kano model helps here to figure out the customer delight versus product function Must be: Basic needs Ex: Book a bus ticket for all possible routes Performance: Customers look for these and appreciate these Ex: Complete the payment in single click compared to a 2 step process Attractive: These are the delights or wow factors! Wake up the travelling-customer with a call when the destination is reaching in 15 minutes
  • 18. Weighted Scoring ▸ Old cost benefit analysis but gives different weights to each factor (as per position, domain, competition and strategy of business) ▸ Common benefits ▹ Increase in revenue ▹ Product Adaption ▹ Customer delight ▸ Common Costs ▹ Engineering effort (timelines) ▹ Operational cost - marketing / call center / operating the supply ▹ Risks involved if any 19 Sample scoring model (Benefits-Costs). Each feature is rated against scale of 5 and weightage average is calculated. Ex: Building personalized/loyalty offer engine in first row: (5*30+3*20+3*10-4*30-2*10)/5 = 20
  • 19. More scoring methods ▸ There are models like RICE which suggest you to go with a score like below ▹ (Reach of audience X Impact of feature X Confidence of estimate)/Effort. ▸ Applicable more for a waterfall method ▸ Implementation cycles these days (particularly in eComm.) are agile driven ▸ Choose based on your implementation cycles 20
  • 20. Design own metric for scoring ▸ While effort vs. impact is the most common technique used ▸ You can have your own set of attributes based on the stage of business.  ▸ Say you are starting up to disrupt the market with has a big player, ▹ Market differentiators (high weightage) ▹ (Cost of) Reach to the particular segment you are looking for ▹ Effort (low weightage – you will be ok to spend the energy on building basics compared to market leader) 21
  • 21. Sample themes for prioritization in top down order 22 Growth stage Differentiating features New user acquisition Coverage of customers into particular segment Cost of implementation Well established corporate Compliance/Regulatory Customer trust/brand value Technical Debts / Cost of implementation Growth / incremental revenues Enhancements
  • 22. Avoid biases 23 It is ok to do less if you can impact more! The complexity of building a project is not related to the impact it could create What is rewarding at the end for the customer is solving the problem and not if it is solved with complex methods Consider the stage of the project. Is it a blocker for release?
  • 23. Finally, save the work before you leave! ▸ A good scoring model helps you to directly go to sprint board from planning! ▸ Publish the framework to everyone involved ▸ Remember we included all stakeholders in the beginning? ▸ Keep reminding the past but be agile! ☺ 24
  • 24. Thanks! Any questions? You can find me on LinkedIn @PoornimaJarajapu
  • 25. www.productschool.com Part-time Product Management Training Courses and Corporate Training