Inspired - How to Create Products Customers Love by Marty Cagan

INSPIRED - HOW TO CREATE PRODUCTS CUSTOMERS LOVE

        
Marty Cagan

  Products, Product Management, Innovation, Design

Read and download book summaries of Inspired - How to Create Products Customers Love
Join the discussion on Inspired - How to Create Products Customers Love at MBA Shots.


Recommended by Avnish Anand   

Login to join the discussion


How do you build successful tech products- The things that matter

 

As the subtitle of the book suggests, the main objective and scope is to answer one question and one question only- How do you build successful tech products? The book isn't really a step by step method to creating a successful product, instead, it is an account of the author's experience working with several tech companies. Throughout his career, he has focused on building tech products. 

The valuable lessons learnt from his experience are condensed into the following points:

1. Lessons From Top Tech Companies:

  • The author points out that there is a difference between how the best companies built products and how most of the companies built their products.
  • Behind every great and successful product, there is someone who worked tirelessly to knit the whole process together and lead different teams to merge technology and design to solve a real problem. That person is usually a talented product manager. 

In the tech world, there are three stages of an organisation:

  • Startup- They have not achieved product/market fit. Their ultimate purpose is to achieve that.
  • Growth stage- They have achieved product-market fit. They are ready for the next obstacle i.e how to grow and scale effectively.
  • Enterprise- Their main objective is to constantly focus on product innovation. 

 

2. The Right People:

  • Every great product starts with the right people on the cross-functional product team. 
  • Once the right people are hired, it's a strategy of how you set them up for success by defining their roles, and the people you choose to oversee them. This will determine the success and failure of managing the right people. 
  • Leadership plays a vital role in a tech organization. The central objective should be to recruit, develop and retain powerful talent. 
  • True leadership is a crucial part of what divides a great product from merely good ones.

 

3. The Right Product Manager:

  • The right product can only be successfully be developed if there is a right product manager(PM) behind it. 
  • A PM is not someone who merely manages the process of building the product, instead, according to the author, is a multi-faceted person who has a vision for the product. 
  • They are data-driven and are completely invested and passionate about delivering a great product.

 

4. Great Process:

  • The author focuses on the actual process of product development instead of agility, team framework or execution etc. 
  • Product teams should spend adequate time discovering something new. Exploring with various data that may potentially work for customers. 
  • Constantly focus on validating ideas.

 

5. Great Culture:

  • One of the most important areas for tech companies to focus is on their organizational culture. 
  • Culture is all-encompassing in that it defines how the company hires people. How motivated the team is and how product decisions are made. 
  • Before diving into what great products to build, it is to define the environment in which those products will be created.

Answer these important questions:

  • What is the purpose of your company existence?
  • What is your North Star?
  • What does your company value the most?
  • Do all employees know the company mission and values? Do they practice them?

COMMENTS ( 0 )       LIKES ( 0 )



Other books being discussed on MBA Shots


Good to Great
How Google Works
The CEO Factory
The startup way
Powerful - Building a Culture of Freedom and Responsibility
The Talent Code
Think and Grow Rich
The Effective Manager
The Barefoot Coach
Influence - Science and Practice
Made To Stick - Why Some Ideas Survive and Others Die
Zero To One
And many more.     Join the discussion, today !




MBA Shots has been crafted for you ...


for Professionals

Uplevel your career. Understand how to navigate business challenges.

for Entrepreneurs

Journey of Zero to One is challenging. Take some sherpas along.

for MBA Students

Supplement theory with practice. Stand out during interviews .



... with three focused tracks


Business Basics

E.g. - Pricing, Driving growth, Branding, Product Management, Competing Vs Partnering

Leadership Lessons

E.g. - Building teams, Designing culture, Coaching young managers, Recruiting as a superpower

Personal Progress

E.g. - Career paths, Relaunching my career, Designing a development plan, Managing Reviews