Using visual illusions as a metaphor, behavioral economist Dan Ariely shows that we’re not as rational as we’d like to think we are when we make decisions. One poignant example of irrational behavior Ariely uses is in the disparity between organ donators between different countries in Europe (5:08 in video). While some may think that…
Categories: Product Management
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How Product Managers Can Avoid Design by Committee
We have all heard of Design by Committee the most frustrating of situations where too many opinions need to be heard and too many egos spoil what could have been and excellent product or project. It is something that Product Managers must deal with as they work to get their product approved by the required…
Great Video: The Era of Open Innovation
Charles Leadbeater, in this TED talk, proposes that the traditional method of thinking about creativity and innovation is becoming increasingly wrong. The traditional idea is that organized groups of special individuals are able to spark ideas, and then companies will pipeline them to passive consumers. The era of open innovation suggests that the user and…
April Fool’s Day: What Do People Think Product Managers Do?
The “What people think I do” memes are really hard to ignore nowadays, but it wasn’t until this week that I’ve found one especially for us, Product Managers. So, on this April Fools Day, I think it’s time for us to truly ponder- What do we REALLY do?
The Complete Agile Lifecycle Management Guide
Make your business rise above any challenging market conditions by implementing agile lifecycle management systems that are tailor made to achieve long lasting results. The management systems will help you structure your business so that you can accelerate revenue, reduce your general business costs and improve the quality of your product. Once these important elements of…
The Software Development Methodologies You Need to Know
Software development methodologies also known as system development methodologies, software development life cycle, software process or the software development process is a framework of software engineering concerned with the structure, control and plan in the process of developing an information system. The methodology is concerned with the organizational aspects surrounding software creation. The Software Development…
Agile Product Management with SCRUM – Best Practices
In the recent years, the process of agile product management with SCRUM created a great impression on the business world, especially in the field of the IT development. While there are different approaches to agile development, one of the most famous processes in this area is called SCRUM. Because of it, many software developers have…