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Lean Product Management

You're reading from   Lean Product Management Successful products from fuzzy business ideas

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Product type Paperback
Published in May 2018
Publisher
ISBN-13 9781788831178
Length 240 pages
Edition 1st Edition
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Author (1):
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Mangalam Nandakumar Mangalam Nandakumar
Author Profile Icon Mangalam Nandakumar
Mangalam Nandakumar
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Toc

Chapter 8. Tracking Our Progress

"Nobody panics when things go according to plan, even if the plan is horrifying."

– The Joker, The Dark Knight

The success of a product strategy depends on various factors. When operating under ambiguity, data and metrics can help to us steer the product in the right direction, but knowing what metrics to capture and when to use them, is also important. Looking at micro-level, short-term indicators alone cannot tell us how to steer our product in the ambiguous business ecosystem. Product management must be able to take an in-depth, detailed view of feature-level performance metrics. At the same time, they must be able to step back and take a bird's eye view of the larger landscape and see how product strategy must be shaped based on macro-level indicators.

The need for gratification

Instant gratification can be same-day deliveries, self-checkout lanes, superfast streaming speeds,...

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