Author Archives: Chad McAllister

Using Agile Product Portfolio Management

Agile Portfolio Management

  Product managers and organizational leaders turn to portfolio management after they have two or more products to simultaneously manage. It reduces headaches and wasted effort. Traditional product portfolio management is the discipline and framework for applying your two most precious organizational resources—your people and your money—to get the greatest value out of your product investment. The primary goal is value maximization. ...

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Intelligent Disobedience for Product Managers

Intelligent Disobedience for Product Managers and Innovators

Are there times that product managers need to be disobedient – not do what they were asked to do? If such a situation arose, would the product manager be insubordinate or practicing a form of innovation? After all, the people that product managers report to make mistakes – they can’t always be right. But, to willfully practice disobedience? It could ...

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Design Thinking and Action Learning for Product Managers and Innovators

SolutionTable_IX

How can your products solve customers’ needs… as fast as customers need them? Try Design Thinking coupled with Action Learning. Design Thinking is a method of problem solving centered around the end user. Action Learning is a collaborative process that defines a problem and focuses on the desired outcome. Using these two processes together provides innovative solutions fast enough to ...

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Creating Products Customers Want with Innovation Wars

Co-create

How can product managers help their organizations innovate in a way that will appeal to customers? Co-create with your customers. It is frequent advice, but how do you really accomplish it? To find out, I discussed the topic with the author of Innovation Wars: Driving Successful Corporate Innovation Programs. It’s an authoritative guidebook for innovators and product managers that includes ...

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Trend-driven Innovation for Product Managers

Consumer Trends

Smart product managers study trends and innovate accordingly. This is trend-driven innovation. Uber’s success is an excellent example of trend-driven innovation. It made transportation more convenient and also made earning money easier for drivers. Both were possible due to changes in perceptions of sharing – a trend that became known as the sharing economy. Trends can be a product manager’s ...

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Traditional vs Agile Project Management for Innovators

scrum board agile methodology software development illustration

Which is the superior approach to project management, Waterfall or Agile? After talking with an expert on project management, I learned that’s not the right question. Instead, we should ask, “Which tool is best for this project?” It might be Agile, Waterfall, a customized combination of both tools, or something else. Further, Waterfall and Agile and just specific forms of ...

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