About The Book: #ProMa Product Management Tools, Methods and Some Off-the-wall Ideas

#ProMa Cover

Based on his popular blog, Dinker Charak brings a collection of tools, methodologies, and some unexpected approaches to Product Management. He also talks about his entrepreneurial journey from the eye of a Product Manager and discusses the strategy and its failures.

Available as Kindle eBook

Early Praise for #ProMa

Sriram Narayan Agile IT Org Design ProMa Dinker Charak
Dinker offers an enjoyable potpourri of helpful advice and ideas from his experience in consulting and his experiments with building products.

– Sriram Narayan, Digital-IT management consultant, ThoughtWorks & Author Agile IT Organization Design
Sriram Narayan Agile IT Org Design ProMa Dinker Charak
Dinker is a magician — in a crisp book that is light and easy to read, he has packed in more than a semester’s worth of high priced B school education, and several years (and many dollars!) worth of lessons from a startup. Pick it up, you will not be disappointed.

– Naren Nachiappan, Co-Founder, Jivox
Devangana Khokhar Gephi Cookbook ProMa Dinker Charak
A brilliant resource for all consultants, irrespective of the role they are in, and not just Product Managers. Dinker has poured his years of experience into this one book. He covers entire life cycle of a product/business evolution and introduces a lot of handy artifacts – checklists, frameworks, tools, etc. – that can be readily used at various stages of evolution. He sheds light on the real-life charms and challenges of building a product and does so in a simple yet eloquent manner. Keep an open mind and give this book a read – you’ll later on thank him for providing a wealth of knowledge on the topic.

– Devangana Khokhar, Senior Data Scientist & Strategist, ThoughtWorks & Author Gephi Cookbook
Dinker is quirky, interdisciplinary and full of real-world wisdom. The same could be said of this breezy new book on Product Management.

There are plenty of simple ProMa tools you can use every day – ‘Product in a Box’ and ‘Five buckets of Product Management’ stand out. There is also the philosophical exploration of the subject through lenses as varied as Indian materialism, Francis Bacon (he of the scientific method), and Rene Descartes. Most remarkably, there is a vivid tale of a failing startup – something any product entrepreneur will benefit from.

If you’re a product manager or work with these sometimes-mysterious creatures, take a copy on your next flight. You’ll have a spring in your step when you land.

– Nagarjun Kandukuru, Principal Digital Strategist, ThoughtWorks
"Who is my customer? Everybody, anyone you can think of—"

"Who is my competition? Amazon, Google, Netflix— (add any popular name in the Silicon Valley)."

"Who am I? I am a technology company who happens to do X (the industry this company should be in, till I probably walked in)."

This is what I keep hearing from the C-Suite at the clients I am engaged with.

In this world of needing and wanting to reinvent (or else—you are doomed), the most common response I have seen people resort to is by saying we have moved to a "product organisation" or an "experience organisation". This, no one will argue, needs change.

However, Dinker continues to argue that the challenges lie in the core philosophy. It’s not an easy journey. I can guarantee you will fail if you thought reading this book will solve the challenges of "product thinking".

But here lies a great starting point from a great product philosopher, thinker, transformer, doer and practitioner, and above all, a great colleague and a friend.

Read on, but engage with him when you get a chance. He will not fail to surprise you.

– Sagar Paul, Client Services – Strategic Accounts, at ThoughtWorks

Why the Book #ProMa and Why Now?

Product Management is an accidental and a new role. It is gaining importance as a pivotal for a Product based business. Being new, there are no set definitions, job descriptions or even well-known educational courses. In fact, in IT industry, Product Managers come from the most diverse set of background and may not always be technical or even have an MBA.

As opportunities for Product Managers grow, it is natural that consulting organization start offering this as a consulting role. This increases the complexity of the job.

As the role evolves, all this leave a new-comer with lots of questions about how to go about the job.

This book is based on the real and personal experience of being in this role in a variety of situations and draw upon the experience and output of last decade. Thus, the book also presents an opportunity to establish some Thought Leadership in this domain.

About the Book #ProMa

“Based on his popular blog, Dinker Charak brings a collection of tools, methodologies, and some unexpected approaches to Product Management. He also talks about his entrepreneurial journey from the eye of a Product Manager and discusses the strategy and its failures.”

Each chapter is complete in itself and focused on a specific theme. Some chapters may rely on concepts introduced in details in a previous chapter. However, a reader can still benefit from it without know details from the earlier chapters.

Some ideas are results of extended discussions, an opinion sought or a point-of-view constructed for a client. All of them are the result of sincere effort to produce something useful and usable. And at times, something unique.

The book is divided into three sections.

The first section (chapters 1-6) is about various tools & methods I have created and used for Product Management. These include the Product Management Canvas and the Product workshops I run.

The second section (chapters 7-18) is about various thoughts and ideas that I have around what it means to be a Product Managers and around Product Management.

The third section (chapters 19-26) is about entrepreneurship and based on my experience as a founder who hasn’t succeeded yet. It also has some ideas on team building, mainly around a novel concept of Dirty-Work Group.

Key Takeaway from the Book #ProMa

The book covers the entire lifecycle of a product/business evolution and introduces a lot of handy artifacts - checklists, frameworks, tools, etc. - that can be readily used at various stages of evolution.

There are plenty of practical ProMa tools you can use every day and also the philosophical exploration of the subject through lenses as varied as Indian materialism, Francis Bacon (he of the scientific method), and Rene Descartes and Sociology.

Who is the Target Audience For the Book #ProMa

The First Timer:

Has a tech, business or design background. Is now a Product Manager for a B2C product. Is poly-skilled enough to get the job but worried if is knowledgeable to pull it along.

An Experienced ProMa:

Has been a ProMa in an Enterprise that is building a B2B product. Has done MBA and/or has a technical background. With the expectation of B2B products to respond to market at speed of startups and with Usability of B2C products, is looking for ideas on how to reinvent the attitude towards this job.

An Entrepreneur / Founder:

Realising that a Founder is the first Product Manager of the startup’s Product, the Founder wants to ensure a proper approach is taken and not detail falls through the cracks and is looking for tools and checklists to ensure all basis are covered.

Business Folks:

ProMa help monetise a business opportunity via a Product. For key business owners, it is important to understand what a ProMa does and how does a ProMa think. This book can help them understand the variety of aspects of a ProMa, gain a better appreciation and establish meaning and deep partnerships.

About the Author of the Book #ProMa

#ProMa Author Dinker Charak

Dinker Charak has over 17 years of rich, diverse experience in the software industry building products that matter.

During his career, he has built software products that have been part of Real-time Operating Systems, Paperless Offices, Home Automation, help develop Online Video Ads business and founded a startup. Dinker was worked at Fermilab (US) and contributed to CERN (Switzerland), two top research lab that conducts basic research into particle physics. He holds a patent in Advertising Technology.

As personal interests go, Dinker holds Product Management Workshops for startups in collaboration with IIM Ahmedabad, CIIE, NASSCOM's 10,000 Startups and ThoughtWorks.

Dinker has done Master in Computer Application from International Institute of Professional Studies, Devi Ahilya University, Indore, India.

Amazon: https://www.amazon.com/author/ddiinnxx

Blog: http://www.ddiinnxx.com

Facebook: https://www.facebook.com/dinkeratwork

LinkedIn: https://www.linkedin.com/in/dinkercharak/

Professional Profile: https://www.thoughtworks.com/profiles/dinker-charak

Twitter: https://www.twitter.com/ddiinnxx

YouTube: https://www.youtube.com/playlist?list=PL_IUZYlwwD4F1ZZ_BKU7FD3ll0BJS7rBr

About The Book: The Murmurs of the Dawn

The Murmurs of the Dawn Covers

Deeply rooted in Indian philosophical, perplexing, soaring in imagination, wonderfully improbable, intelligently abstruse.

In these stories, Dinker Charak weaves fifteen tales around characters whose insanity verges upon philosophical proclivity, whose simplicity only intensifies trifling incidents, whose circumstances rouses their dexterity, whose loneliness daunts and whose indiscriminate intelligence saves the day.

Available as Kindle eBook | Paperback

Using Product Management Canvas for Your Product

Using Product Management Canvas Product

Your organisation

Your org is one among these:

1) A startup or an SME company. Hopefully there is not much of hierarchy and ‘Individual Contributors’ in how most of you describe yourself.

2) A startup or a stable mid-sized org that is scaling up. You have great ‘Individual Contributors’ and a set of senior folks who make sure the ICs are focused on their efforts and are cared for well.

3) You are a large org or an enterprise that is managing BAU and seeking innovations via multiple smaller initiatives. There are processes in place to ensure that the right folks have the right authority to decide regarding what they an accountable for.

Now, things are never ideal. But let us assume that you are in an excellent organisation.

Your Role

Based on the organisation you are in, you may be playing the role of a Founder, Product Owner, Product Manager, Solution Manager, Program Manager or a GM of a Product Line. Whatever the scale of your role, you are responsible for delivering a product that brings profitability and repute to your organisation.

Your Mission

Many tools are available for you to accomplish your job. However, communicating the Why, the key capabilities and the adoption path of the product will always remain the key pieces of information you will need to communicate far, wide and deep within year organisation.

There is enough talk of evangelisation of the product in the market. However, there is equal and important need to evangelise within your org. This communication has to be simple, crisp and easily digestible.

No product is developed in isolation. It is a journey from conceptualisation to development, to release to usage to monetisation and finally for re-invention or sunset. Many groups and departments come into the picture.

This is where the Product Management Canvas comes in.

Your Product Management Canvas

Product Management Canvas is a tool to articulate your product, describing the key elements that should be known far, wide and deep among your team.

Product Management Canvas (PMC)

You will notice, this Canvas makes you articulate the Idea behind it, the market it addresses, customer segment within that market, business value it delivers, features and capabilities, metrics and makes you aware of all the collaterals that you should have handy and linked to. Finally, it will hold you honest and reduce excessive optimism by making you state various risks.

All this in one page / slide / canvas. This single page becomes the communication about your product to all of the org far, wide and deep. Share it via email, hang on the wall where your team sits and or even print it on a team T-Shirt. Once you have this articulation, you can share the why, the key capabilities and the adoption path of your product in a crisp and readable format.

Wishing your product success!

More About Product Management Canvas

Product Management Canvas – Product in a Snapshot

Hackathon: From Idea to a Product in a Day

Download Product Management Canvas (pdf)

 


 

Go-To-Market (GTM) Strategy in 4 Steps

Go-To-Market (GTM)

To develop a Go-To-Market (GTM) Strategy, I suggest following four steps:

1 Know Your Product Well

Quick Guide GTM Strategy Dilbert New Product Knowledge

It is OK for Sales superstars in Dilbert world to know little about the product. But you have to know it very well to devise a successful Go-to-market strategy. Not only that, you should be able to describe it in sufficient detail to other departments in your company.

Product Management Canvas is one such tool. It captures the product in one canvas and gives a good 360-degree view.

2 Ask Yourself Three Fundamental Questions

2.1 What to sell?

What exactly are you selling? This has to be articulated for each customer segment and each value prop.

Many times a solution could be combinations of your products. In that case, above needs to be done for all product combinations.

2.2 Whom to sell?

Depending on if you are a new product or a mature product, your userbase and customers would differ.

If you are a new product, identify key influencers, usual suspects among early adopters and focus on reaching an early majority.

If you are a matured product, identify key late majority and laggards. Decision makers in large enterprises (like the CTO’s office, the Procurement division) can help you situate yourself stronger while the product team keeps innovating to keep your product relevant to your client.

The key is to identify right recommenders and decision influencers for long-term success.

2.3 How to sell?

Pricing is complex. Sometimes, it is easy to start with tiered prices that allow you to serve small-scale, small-budget customers to allow for revenue while you hunt for large ones. You must have seen ones like this:

Go To Market GTM Strategy Pricing Sample

Your Pricing strategy should have such Pricing models and option to use channels to accelerate sales.

3 The Sales Funnel

We know the typical sales funnel. It is the journey of your customer from when they become aware of your product to when they actually buy it to when they choose to rebuy it.

The journey in short:

Awareness -> Consideration -> Research -> Selection -> Purchase -> Delivery -> Support -> Repeat Purchase -> Recommendation to Buy

Understand it is very important and a plan to how to egg them on to the next stage.

4 Work on These Nineteen Tasks

  1. Time of Launch
  2. Launch Strategy and Collaterals
  3. Sales and Delivery Channels
  4. Positioning and Promotion Strategy
  5. Decision Makers and Influencers
  6. Recommenders
  7. Sales Collateral
  8. Content Strategy
  9. Marketing Collateral
  10. User Support Docs
  11. Training Collaterals
  12. Change Management
  13. Social Media Assets
  14. Digital Marketing Assets
  15. Brand Playbook
  16. Pricing Model Experiments
  17. Market Positioning
  18. Competitive Positioning
  19. Ecosystem Map

 

WD easystore + NTFS + Mac OSX: Making Them Work

WD EasyStore NTFS Mac OSX

So, I bought a WD’s EasyStorage 2TB drive. The case says it is Mac compatible but it is not. It comes with NTFS. DiskUtil (via UI) is unable to reformat / erase it and throws this error:

Unmounting disk
MediaKit reports not enough space on device for requested operation.
Operation failed…

So I followed commands in Terminal to fix this issue:

$ diskutil list

In my case the disk is “disk2”.

$ diskutil unmountDisk force disk2
$ sudo dd if=/dev/zero of=/dev/disk2 bs=1024 count=1024

After this I was able to use it. Help this helps.

 

Dirty-Work Group – A Model for Entrepreneurs

Dirty-Work Group

Or Don’t Let Your Lack of Ability To Do a Part-of-it Stop You from Doing What You Want to Happen

Let us face it. Either we have all the talent needed to pull off an idea or we do not have all the talent to pull off the idea. Should this lacking stop us from going ahead and follow the idea?

Conventional wisdom says, if you can’t do it, you won’t be able to do it. So forget it.

Should we?

In a modern market, a businessman should have multiple capabilities to survive. Not every entrepreneur can hire accountants, financial advisors, lawyers, technical experts for advice. They start with limited resources and consultants don’t come cheap.

All entrepreneurs have one common quality. They are good at multiple tasks. If a successful entrepreneur was good at computers, sure there was at least one more field which the entrepreneur had a “natural knack” for. Maybe marketing, finance or any other area that helped in converting an “idea” into a business reality.

But at times either that is not sufficient or there maybe a lack of “natural knack”. It can discourage an entrepreneur into inaction. A Dirty-Work Group model can be a good approach to walk away unscathed by all these problems.

The Process

As you follow the Beating Down the Idea you would have broken down your projects into activities. The thing different in this break-down is that the activities are classified as per your (the initiator’s) capabilities. It will help you understand your strengths and weaknesses. Use this list to look for a team that will make up for these lacking.

The Advantage

Besides a help in forming a team, the process is useful in:

  • Identifying the strength and weakness of team members
  • Identifying weakness that is not covered by another team member and thus identify a weak link
  • Taking the first step where the results of analysis can be directed inwards rather than outwards. Most planning and analysis tools are for “telling” others about a project. The DWG method is easy to adapt and hence greater advantage for the project itself.
  • It is a great team-work promoting method.
  • It helps the “purpose” rather than “people” become the leader and guiding principle.

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