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Product Development & Culture Apr 2014 Malcolm Ong | Entrepreneur-in-Residence | @malcolmcasey
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Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Sep 08, 2014

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Page 1: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Product Development & Culture

!

Apr 2014

Malcolm Ong | Entrepreneur-in-Residence | @malcolmcasey

Page 2: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

About myself

Page 3: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

How do we get from Product to Business? !

1. Who: Leadership 2. Why & What: Vision & Focus 3. How: Product-centric Team Culture

Agenda

Page 4: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

I. Leadership

Page 5: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

“Product Management is not babysitting. It’s a leadership role. It’s about driving a product by taking ownership and making decisions. ” !Josh Viney Dir. Product Development, Eastmedia !

1. Product Leadership

Page 6: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

1. Set the Product Vision - Ensure that everyone on your team knows and agrees with where you’re headed !2. Instill a Product-centric Culture early - Start now and develop as team grows - Deliver simple and creative solutions, despite complex problems. - Get things done and ship with focus.

Product Lead (you!)

Page 7: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

II. Vision & Focus

Page 8: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

“It doesn’t matter how good your engineering team is if they are not given something worthwhile to build.”

Marty Cagan !!“Getting a bunch of smart people together only gets you so far. As a product grows, more and more possible directions will present themselves. A strong product vision is what will allow the team to properly prioritize and focus on the right things.” !Alex Rainert Head of Product, foursquare

Page 9: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Company Vision “If we had to rebuild education from the ground-up, what would it look like?” !Democratize education and empower anyone to teach. !Product Vision: what problem are you solving? “Education” provides little value for allowing people to learn what they want at an affordable price. !Community marketplace to learn anything from anyone.

Define your Product Vision

Page 10: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

MLP = desirable* w/ personality** - desirable: “providing an insanely great product experience and creating value for the end user” - personality: a voice, a mission, stand for something !!!!!!* source: Andrew Chen ** source: Fred Wilson

Focus on validating your vision

Page 11: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

“This can be as simple as going to a meetup for dog lovers if you're building out a dog application, or visiting the doctor 3x in one month to talk to them about how they file share and send x-rays out online.  I won’t ever be an MD, but I can use my computer like one.” !Soraya Darabi Co-Founder, Foodspotting Former Product Lead, drop.io

Get out of the building

Page 12: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Is your product a must-have? - what % of people would be very disappointed if they could no longer use it? (40%*) !Is your product a 0-to-1 or a 1-to-2? - difference between a product and a business !Why won’t your idea work? (e.g. only “teachers” can teach; you have to have a degree to “teach”) !What are 3 solutions to address these gaps? (e.g. work with people with no teacher training and teach them) !* source: Sean Ellis

Get feedback & Iterate

Page 13: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

The greatest cost to a startup is time.

Most startups fail because they create the wrong

product for the wrong market.

Page 14: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

source: Sean Ellis

Page 15: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

“Make something people love.”

- Alexis Ohanian

Page 16: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

III. Product Culture

Page 17: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

PayPal Mafia

Page 18: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

1. Extreme focus & bias to action. !2. Dedication to individual accomplishment. !3. Refusal to accept constraints, external or internal. !4. Radical transparency on metrics. !5. Vigorous debate.

Culture @ PayPal

Page 19: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

“It’s not about ideas. It’s about making ideas happen.” !- Extreme focus & simplicity - Action oriented (e.g. Action Meetings) - Done is better than perfect - Solutions, not problems - Over-communicate (transparency) - Set audacious goals

Culture @ Skillshare

Page 20: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

“Much more important than working hard is knowing how to find the right thing to work on.” !Caterina Fake Co-Founder, flickr & Hunch

Extreme Focus

Page 21: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

"People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the 100 other good ideas that there are." !- Steve Jobs, Apple

Page 22: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

source: Ash Maurya

Done is better than perfect

Page 23: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

source: Ash Maurya

Done is better than perfect

Page 24: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

1. Align Product VisionGoal: get everyone on the same page This can be done through a strategic brief or brainstorming session Annually, Quarterly, Monthly !2. Product Sprint Goal: define 1-2 things that need to get done w/ measures of success Identify owners and milestones. Don’t micro-manage.

!3. Horizon List Goal: features, ideas, etc that will be implemented in the future

Product Process @ Skillshare

Page 25: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Product Design Sprint @ Skillshare

1. Sketch

2. Wireframe

3. User Flows4. UI Design

5. Test

3 / 1

Page 26: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Sample User Flows

source: 37 Signals

Page 27: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Resources

Page 28: Product Development and Culture – Malcolm Ong, Co-founder of Skillshare

Resources

Lean Startup (Eric Ries): startuplessonslearned.com

!MDP (Andrew Chen): andrewchen.co/2009/12/07/minimum-desirable-product !Culture @ Netflix slideshare.net/reed2001/culture-1798664