02 January, 2012
Updated: How to hire a product manager
I have reviewed / refreshed / updated my thoughts on 'How to Hire a Product Manager' with updated Product Management Networking groups and some updated stats.
02 November, 2011
User Profiling in Internet Advertising
There's fascinating article on The Register, How websites use your browser to sell you for cash. It explains some of the many techniques that internet advertising uses to profile users as they surf across multiple sites.
Do read the article, there are numerous links to other fascinating articles, such an explanation of a evercookie.
This article is fine for sophisticated web users, but what about Joe Public?
Legalisation (and enforcement) in this area is miles behind. The BBC reports on New net rules set to make cookies crumble:
It should be no surprise that regulators are struggle to keep up, but a BBC article (admittedly from March this year), Governments 'not ready' for new European privacy law, indicates that they aren't even trying.
.... [we] came to the conclusion that with some minor tweaking, that firm is sitting on software nearly capable of delivering a Minority Report level of personalised advertising.Below is the well-known clip from the Minority Report which demonstrates the future of Personalised Advertising - it's here already.
Do read the article, there are numerous links to other fascinating articles, such an explanation of a evercookie.
This article is fine for sophisticated web users, but what about Joe Public?
Legalisation (and enforcement) in this area is miles behind. The BBC reports on New net rules set to make cookies crumble:
European e-Privacy directive came into force in the UK in May this year. It mandates that users should be fully informed about the information being stored in cookies and told why they see particular adverts. This provides to gives some initial policy and some user protection from the use of behavioural advertising.
As part of its work to comply with the directive, the IAB - an industry body that represents web ad firms - created a site that explains how behavioural advertising works and lets people opt out of it.
It should be no surprise that regulators are struggle to keep up, but a BBC article (admittedly from March this year), Governments 'not ready' for new European privacy law, indicates that they aren't even trying.
European rules aimed at giving consumers more control over how their web browsing is tracked will not be enforced come May, experts have said.
No European government has yet drawn up the guidelines for how the ePrivacy directive will be enforced.The UK's Information Commissioner has indicated that it wants the industry to work out best practice before it starts wading in. From the same BBC article, Ed Vaizey, minister for Culture, Communications and the Creative Industries, said:
"Therefore we do not expect the Information Commissioner's Office (ICO) to take enforcement action in the short term against businesses and organisations as they work out how to address their use of cookies," he added.OK, but when?
01 November, 2011
Ofcom Report provides pretty maps of Digital Britain
The UK telcoms regulator Ofcom provides its 3 year report on the state of consumer telecoms. It reports on fixed broadband, local TV, mobile base stations, digital TV, mobile coverage and digital radio, all displayed on maps. The level of granularity only goes down to the County level - a more local would have been more interesting.
Some nuggets of interest
- British households download about 17 gigabytes of data on average every month over their home broadband connections, suggests a report.
- About 900,000 premises cannot get 2G signals from all the UK's operators and 7.7 million UK places do not have 3G signals from the five operators that offer it.
- 72 per cent of mobile calls are still made on 2G networks (except on Three, which doesn't have a 2G network);
Thanks to a summary from The Register, here's a diagram which shows who is providing broadband services: look at the market strength of BT: to be anticipated, I suppose, given that it was formerly a monopoly.
09 October, 2011
Steve Jobs - the world's greatest Product Manager and Product Marketer
The world mourns the loss of Steve Jobs who died on Thursday.
Remarkably, I have never owned one of his products, but without doubt, many of the pieces of technology that I use daily and are the tools of my trade have been profoundly impacted by him, his designs and his passion for user experience.
He is the world's best, best known and most successful product manager. All others follow in his wake.
He was so insightful to his users and their requirements that he relied on his own intuition rather than asking what they wanted.
His great gifts were an ability to second guess the market and an eye for well designed and innovative products that everyone would buy.
"You can't just ask customers what they want and then try to give that to them," he once said. "By the time you get it built, they'll want something new."(From the BBC coverage of his death)
Apple co-founder Steve Wozniak will remember Mr Jobs for
"knowing what made sense in a product ..... what wasn't going to sell and what wasn't .... when to lead the market and when to follow."From a BBC interview with Steve Wozniak.
THAT is the sign of a product manager who has utterly internalised his markets and phooey customer-led design.
UPDATE: Some late night surfing uncovered this gem of an article from the NY Times describing Edwin H. Land, the genius of Polaroid Corporation and inventor of instant photography, who was Job's hero and demonstrates the value of market research for real 'break-through' innovation (to use a Clayton Christensen expression).
There was no way to do consumer research on it, so I [I = Steve Jobs] had to go and create it and then show it to people and say, ‘Now what do you think?’”
The worldview he was describing perfectly echoed Land’s: “Market research is what you do when your product isn’t any good.” And his sense of innovation: “Every significant invention,” Land once said, “must be startling, unexpected, and must come into a world that is not prepared for it. If the world were prepared for it, it would not be much of an invention.” Thirty years later, when a reporter asked Jobs how much market research Apple had done before introducing the iPad, he responded, “None. It isn’t the consumers’ job to know what they want.”
07 September, 2011
Enterprise software is much more valuable than B2C Internet
The Register writes a great article, Memo to kid coders: Enterprise software exists. Having recently gone back into B2B software as a product management consultant, it has been refreshingly interesting and challenging.
If you live or spend time in Silicon Valley, it's easy to forget that enterprise software exists, or that it still drives $245 billion in annual revenue.Here's a gem of a quote from Aaron Levie, founder and CEO of Box.net (reported at Business Insider)
Why most startups are focused on consumers. "When you're 22 years old or 25 years old—the Y Combinator demographic—you have no context for the enterprise. If you're in your early 20s and you're hanging out with a bunch of other people in their early 20s, nobody has a sense of the kinds of problems that 'real workers' run into every day. They're running into a completely different set of problems like 'what's the party going on right now that I should be going to? What are my friends looking at on the Internet that I want to read? How do I share photos and videos?' That's their frame of reference for life."Here's another great quote (from the Register report)
All of which means we may be starving the enterprise of the industry's best developers. It could also mean, as former Facebook research scientist Jeff Hammerbacher once said, "the best minds of my generation are thinking about how to make people click ads. That sucks."I couldn't agree more!
01 September, 2011
Mobile Internet penetration nearly at 50%
In a widely reported report from the Office of National Statistics (see BBC report), mobile internet usage has risen from 31% in 2010 to 45% in 2011.
Home usage represented 77% of households, up 4%. Has the market saturated? Very likely, but I strongly suspect there is another effect going: mobile substitution for fixed line internet connection at home. Why bother paying for two internet connections, when smart phone users can tether their home internet requirements to their phone.
Mad as a box of frogs (to quote a former colleague of mine), operators are still permitting unlimited internet connection on their phones. For the sanity of the industry and to protect their future, they must cap this to 500Mb or 1Gb per month (for example). Relying on reasonable use clauses in contracts is insufficient to protect the operators from data hungry customers. More importantly, operators set the correct paradigm: this resource isn't infinite and if you consume more of it, you need to pay more for it.
Internet not needed here
Other Tidbits
Home usage represented 77% of households, up 4%. Has the market saturated? Very likely, but I strongly suspect there is another effect going: mobile substitution for fixed line internet connection at home. Why bother paying for two internet connections, when smart phone users can tether their home internet requirements to their phone.
Mad as a box of frogs (to quote a former colleague of mine), operators are still permitting unlimited internet connection on their phones. For the sanity of the industry and to protect their future, they must cap this to 500Mb or 1Gb per month (for example). Relying on reasonable use clauses in contracts is insufficient to protect the operators from data hungry customers. More importantly, operators set the correct paradigm: this resource isn't infinite and if you consume more of it, you need to pay more for it.
Internet not needed here
Among the 23% of the population who remain offline, half said they "didn't need the internet."
The ONS report is the first since dot-com entrepreneur Martha Lane-Fox was appointed as the government's UK Digital Champion, with a brief to increase internet uptake.
In a statement, Ms Lane-Fox said: "That so many offline households don't see any reason to get online reinforces the importance of the digital champions network that the Raceonline2012 partners are creating."Bless Martha, what an evangelist, I'd be quite happy with reaching 77% of the population with total addressable market of 88%. Of the remaining 12% of the market, I would assume that they might have additional ways of getting on the super information highway (eg at work)??
Other Tidbits
While 71% of 16 to 24-year-old who went online said they used mobile broadband, just 8% of internet users aged over 65 made use of the newer technology.Only 71% of 16-24 year olds??? I find this figure unbelievable, at face value. This doesn't (shurely) indicate their usage. I suspect that this democratic borrows internet connectivity from others (eg the library or internet cafes) rather than owns the internet connection themselves.
The ONS survey also found a dramatic rise in the use of wifi hotspots - a seven-fold increase since 2011 - suggesting that the rise of 3G has done little to slow demand for free and paid-for wireless access.7 fold increase??? Really? I need to do more research, because I'm not seeing an order of magnitude increase. Comments anyone?
30 July, 2011
Google Plus - familiar territory
I had a look at Google Plus. (Here's their tour.) My initial reaction is: hmm, all sounds very familiar. Midentity (social software start-up that I co-founded that ran between 2002 and 2006) had many of the attributes of Google Plus.
A key concept of Midentity was the ability to divide one's network of contacts into sub-groups. Midentity believed that you shared different content about yourself, based on the identity that you presented to them: Business, University friends, close buddies, tennis club, in-laws, etc.
In this way, you could share content appropriately and selectively with others in a way that is relevant to your connections. ie Google Circles.
Midentity's go-to-market service was a group text messaging service called Circles (text your message to your Circle's number, then the service delivered your message to all participants; if a participant replied, the reply went to all). ie Google's Huddle.
And yes, we were heavily focussed on mobile (the name Midentity stood for My Identity and Mobile Identity) and we experimented integrating with some instant upload features using early version of Shozu's phone software. ie Google Instant Upload.
Techcrunch carried an article, When Google Circles Collide, about how the author, Rocky Agrawal, uses multiple products to selectively share his content with his followers.
Do scroll down the article to heading 'The unsolved social network problem' in the article.
Streams of Content
The biggest unsolved problem in social networking remains unsolved with Google+: separating signal from noise. Twitter, it seems, doesn’t even want to try.
One person I follow on Twitter actually tags most of his posts. I’m interested in his content on tech, business and aviation. But I couldn’t care less about his Chicago tweets
I totally agree that this has become one of the pains of social networks – finding the updates that matter.
Actually, this is the reason why I purchased this stream121 domain – as I envisaged the problem in 2005 – the problem of filtering everyone else's content that's relevant to an individual. ie Google Sparks.
With that said, I have never gone out to solve this problem....... An opportunity lost? Yes for sure, but I always believed that the identity problem was a more fundamental one to solve.
(Apologies that this entry was so long in the making - it was stuck in draft mode for some unknown reason.)
13 June, 2011
LinkedIn's IPO and Lumpy Bubbles
The LinkedIn IPO on NY Stock Exchange (not the NASDQ) on 20th May generated a frenzy of debate on the front page of business sections. Here are the bare bones of the story:
(Source: Google Finance)
I, like others eg NY Times' Joe Nocera think that LinkedIn's were (embarrassingly) poorly advised by Morgan Stanley.
This first day trading spike generated lots of chatter about another bubble. Here's the graphic from the Economist article: Welcome to IPOville - Social-media firms see champagne; others see bubbles

My view from this side of the Atlantic is much more conservative. There are pockets of frothiness, but it isn't across multiple sectors or sustained. Some companies will generate a disproportionate amount of interest (and column inches), but outside of that one company under the spotlight, there isn't tremendous demand pushing up prices across multiple companies.
I agree with this sentiment expressed in the Register: There is no big Silicon Valley tech bubble, says VC king in early May.
I envisage danger down the line.
- The company had hired Morgan Stanley and Bank of America’s Merrill Lynch division to manage the I.P.O. process. After gauging market demand — which is what they’re paid to do — the investment bankers priced the shares at $45.
- The 7.84 million shares it sold raised $352 million for the company. For this, the bankers were paid 7 percent of the deal as their fee.
The price soared on the first day to $120 in intra day trading. The price has remained above $70 per share since then.
(Source: Google Finance)
I, like others eg NY Times' Joe Nocera think that LinkedIn's were (embarrassingly) poorly advised by Morgan Stanley.
This first day trading spike generated lots of chatter about another bubble. Here's the graphic from the Economist article: Welcome to IPOville - Social-media firms see champagne; others see bubbles
My view from this side of the Atlantic is much more conservative. There are pockets of frothiness, but it isn't across multiple sectors or sustained. Some companies will generate a disproportionate amount of interest (and column inches), but outside of that one company under the spotlight, there isn't tremendous demand pushing up prices across multiple companies.
I agree with this sentiment expressed in the Register: There is no big Silicon Valley tech bubble, says VC king in early May.
Forget what you may have heard: there is no massive tech bubble in Silicon Valley.
Instead there are hundreds of little bubbles, and they're set to begin popping at the end of this year. That's according to investor and "co-maintainer" of the bubble-blowing AngelList, Naval Ravikant.Fred Wilson of Union Square Ventures expressed it well at the end of April this year in a blog post, The Word Bubble:
But I am equally sure that we are in the glass is half full part of the cycle. Investors are focusing on the upside and ignoring the downside. That part of the investment cycle lasts for a while and then things change and investors focus on the downside and ignore the upside. Markets are defined by greed and fear. We are in the greed mode right now.Unfortunately, all these column inches will distract lots of people which will self stoke the entrepreneurial / VC sectors into investing in some very questionable businesses and markets.
I envisage danger down the line.
03 June, 2011
El Reg pans Orange + Barclaycard's NFC implementation at launch
The Register, that caustic IT news service (motto: "Biting the hand that feeds IT"), gives Orange + Barclaycard's new pay-by-phone service called 'Quick Tap'.
Quick Tap is enabled at 50,000 stores in the UK and for purchases under £15. Here's the official press release and their overview page. The introductory video is below.
The Register gives the service a hammering (El Reg pays by phone – mmmm, free cookies! - a strange headline, but it appears that although the Register's journalist munched the cookies, there was no sign of the transaction in Barclaycards's transaction log!).
The poor reviews doesn't fault the payment process (which appears to be seamless /magical), but the initial setup and configuration of the payment mechanism on the phone and then the ongoing account management.
In conclusion, El Reg reports:
Quick Tap is enabled at 50,000 stores in the UK and for purchases under £15. Here's the official press release and their overview page. The introductory video is below.
The Register gives the service a hammering (El Reg pays by phone – mmmm, free cookies! - a strange headline, but it appears that although the Register's journalist munched the cookies, there was no sign of the transaction in Barclaycards's transaction log!).
The poor reviews doesn't fault the payment process (which appears to be seamless /magical), but the initial setup and configuration of the payment mechanism on the phone and then the ongoing account management.
In conclusion, El Reg reports:
It will be a few months before anyone else commits to using the system, and we're not convinced the infrastructure is quite ready yet despite the point-of-sale process working so well. Proximity payments from phones will happen, and Quick Tap is the first in the UK, but like most first movers it's more than a little rough around the edges.
29 May, 2011
Product Management – who cares?! A VC speaks
Cambridge Product Management Network's keynote event this year will be held on Wednesday 29th June. More information at CPMN's website.
Who needs product managers anyway? Don’t they just stifle innovation? Don’t they get in the way of building stuff?
Having co-founded nCipher, a successful Cambridge IT company, and now an active entrepreneur and one of the team at Amadeus Capital, Alex van Someren has a view. Now’s your chance to hear it.
Alex is a General Partner in the Seed Fund at Amadeus Capital in Cambridge, UK.
Alex has worked in the technology industry since the 1980s. He co-founded ANT Ltd in 1990 to produce networking products, including Web Browser software licensed to the Oracle Corporation. ANT plc was listed on the London AIM market (AIM:ANTP) in 2005.
In 1996 he co-founded nCipher to develop internet security products using advanced cryptography. The company became a world leader in IT security, counting major banks, finance companies and governments among its customers. As CEO at nCipher he raised a total of £14m ($25m) in venture capital funding before he led the company to an IPO on the London Stock Exchange in 2000 (LSE:NCH) at a £350m valuation. nCipher plc was sold to Thales SA in 2008.
Alex lives in Cambridge, UK and is married with three children. He was appointed an Entrepreneur in Residence at the Judge Business School, University of Cambridge in 2005.
Having co-founded nCipher, a successful Cambridge IT company, and now an active entrepreneur and one of the team at Amadeus Capital, Alex van Someren has a view. Now’s your chance to hear it.
Alex is a General Partner in the Seed Fund at Amadeus Capital in Cambridge, UK.
Alex has worked in the technology industry since the 1980s. He co-founded ANT Ltd in 1990 to produce networking products, including Web Browser software licensed to the Oracle Corporation. ANT plc was listed on the London AIM market (AIM:ANTP) in 2005.
In 1996 he co-founded nCipher to develop internet security products using advanced cryptography. The company became a world leader in IT security, counting major banks, finance companies and governments among its customers. As CEO at nCipher he raised a total of £14m ($25m) in venture capital funding before he led the company to an IPO on the London Stock Exchange in 2000 (LSE:NCH) at a £350m valuation. nCipher plc was sold to Thales SA in 2008.
Alex lives in Cambridge, UK and is married with three children. He was appointed an Entrepreneur in Residence at the Judge Business School, University of Cambridge in 2005.
14 May, 2011
Microsoft overpays for Skype
Microsoft acquires Skype for $8.5bn, becoming MS's largest acquisition. Quick history (with big numbers) associated with Skype:
- Skype was founded in 2003 by Swedish entrepreneur Niklas Zennström and Dane Janus Friis
- In October 2005, EBay outbid Google and Yahoo! Inc. for the loss-making company and paid $2.6 billion for the privilege. (I thought that was madness then!)
- Zennström and Friis fell out with Ebay about patent licensing of some of the key technology in Skype (Truly incompetent due diligence from Skype - surely the IP should have been bundled into the acquisition?!?)
- In 2007, EBay wrote down the value of Skype by $900 million.
- EBay's CEO, John Donahoe, sold 70 percent of Skype to a consortium of investors (Silver Lake Partners, CPPIB, Andreessen Horowitz) in November 2008 in a deal that valued Skype at $2.75 billion.
- Skype has 663 million global users (145m active users in an average month)
- Windows Live Messenger has 299 million accounts worldwide in June 2010. (Source: Microsoft by the numbers)
- Skype is the largest international voice carrier and owns 13% international call market share (Source: Skype Commands 13 Percent of International Phone Calls)
The Deal
- Microsoft pays Skype for $8.5bn
- This marked a 300% increase in value for the company in the three years since the eBay write-down in October 2007.
- The price Microsoft agreed to pay for the company is 32 times Skype's operating profits
- EBay said it will reap more than a 50% return from the company’s $2.6 billion investment in Skype Technologies SA six years ago. (Source: Bloomberg)
- $14.70 is what Microsoft paid per user for Skype. When eBay bought Skype back in 2005, they paid $45.60 per user. (Source: 14 And 116: These Two Numbers Explain Why Microsoft Dropped $8.5 Billion On Skype)
- 116 is the number of days until Microsoft makes the money back in operating cash flow. Microsoft had $26 billion in operating cash flow last year. So $8.5 billion works out to around 116 days of cash flow for Microsoft (Source: 14 And 116: These Two Numbers Explain Why Microsoft Dropped $8.5 Billion On Skype)
Was the deal over valued?
Lots of respected analysts think that this was a fair investment by MS - given all the possible synergies between so many of Microsoft's products (Windows Phone 7, Kinect, Lync, etc.), but in my opinion they overpaid.
MS are no novices in any of this technology. Skype does have some advantages - intelligent routing for one (see Skype's explanation of its technology)
I think there are two logical reasons for this acquisition:
- User Base 166m users making international calls. By plugging Skype into WinMobile 7, it gives MS a way to get a bunch of well connected users making premium international calls from their mobiles. (IMHO, people avoid making international calls from their mobile phones because of its outrage expense.) This gives a neat way for operators whose users on WinMob phones to take voice calls off 3G data network and onto 2G voice network (See my post on 3 launches X-Series for how this could work.)
- Keeps Cisco from getting its hands on Skype Apparently Google came knocking, but was told the starting price was $7bn, but I think this would have muddied Andriod's strategy. An acquisition by Cisco could have seriously dented MS's interest in the enterprise unified communications market now and in the future. (Note that Skype's CEO Tony Bates is a former Cisco execs appointed in October last year.)
Some great blog posts on reasoning:
11 May, 2011
P2P Social Networks versus Group Management Software
I've been in social software for 9 years – almost before the term was started. I enjoy contributing to the alumni network for Judge Business School at Cambridge University. Naturally, we have our own online network, called the 'Common Room'.
We've run into a problem – recent graduates ie those that did their MBA in 2004/5 onwards are glued to Facebook in order to interact with others – to the detriment of any other social software.
This article intends to explain why the Common Room (and other Group Management software) will continue to remain much more useful and relevant than Facebook.
Group Management at the core of the network
There are two ways to manage a network:- At the edge: means that each individual manages their connections and the level of information that they share by themselves.
- At the centre: means that management is done centrally, by an appointed person(s) of the organisation.
Facebook Groups falls between these stools.
Facebook is good / bad at ….
Facebook is great – brilliant for connecting for individuals to connect with others – sharing ongoing updates, as well having the one place to house your profile information. It's perfect for students to join up together online (err, that was what is was invented for, right?!?).Btw, many people outside the US don't realise that a ‘Facebook’ on American university campuses was the ubiquitous book that was handed out to all first year students so that they could quickly get to know each other. It was a book of faces and names possibly with some other information eg home town, birthday, interests, sports. Of course, the first thing that everyone does is flip through it looking for hot guys / girls – I did it myself at my American high school in New England.
Unfortunately, the elegant P2P social network model breaks down when it crosses from being a network of peers to being a group with a common interest. Certainly a group with a common interest can be set up on P2P networks. It fails because every individual has to join that group. Given that setting up the group is free and pretty painless, then lots of similar groups proliferate.
Remember Metcalf's Law? The value of a network is proportional to the square of the number of users of the system. The value of a large network is disproportionately more value than lots of little, ill-formed networks.
For the Alumni of Cambridge Judge Business School, there are Facebook groups for each year, country, location… except that it is inconsistent: many countries are missing, locations are based on the passion of the group leader and the naming convention is (inevitably) inconsistent.
Entrance to the community is done via invitation or more practically by request. The group manager has to undertake the verification of membership. Do they have the time to do that? I doubt it.
What happens when the group leader leaves / resigns / becomes too busy? Unfortunately, there’s no way for someone else to take over the management of the group.
Facebook and Privacy
Facebook have really, REALLY struggled with the issue of privacy. The user generated content is incredibly engaging, but what attracts new users is the mass of information on their friends – the more is disclosed, the more engaging that content becomes. Squirrelling information away is fundamentally destructive to Facebook.Facebook blundered around the privacy issue. Facebook Beacon was an early version of Facebook Connect which enable certain activities on partner sites to publish activity on third party site to the user's News Feed. The colossal error of judgement was that it was default opt-in, rather than default opt-out. Worse, at launch, there was no opt-out.
Step forward Group Management functionality (again)
I was involved in Social Software before the term existed (it was community software back in the late 90s) so it is good to see its relevance today.Group Management requires the appointment of someone to act a gatekeeper and referee (if required) to the community. This is required when everyone doesn’t know everyone, but would like to connect across a large network.
The Gatekeeper is nominated by the community to control entrance and exit. Once the community trusts the gatekeeper to do a good job then then the community is likely to be much more virulent and healthy because each member has been vetted and is likely to more trustworthy.
The Gatekeeper acts as a referee. It represents the (independent) court of appeal for any behaviour that is deemed to be detrimental to the community (eg spam or over communication) or a disagreement within the community.
Conclusion
Facebook has its uses, but not really in professional membership organisations. Bring on Group Management functionality please!09 May, 2011
UI Challenges of Paperphone and Snaplet
Researchers at the Human Multimedia Lab at Queen's University, Canada have developed two functional paper computing devices: Paperphone and Snaplet. What's novel is the use of bending the flexible displays to provide input. For example, bending the top corner of the paper phone is 'go to next page' when reading an e-book.
However, what made my mind boggle was the UI challenges for the Snaplet. If it is bent around your wrist, it acts as a super duper watch / media player / calendar, etc. If you take it off your wrist and it is flat, then it converts to a note-taking tablet.
Here's a video of switching between the two modes.
However, what made my mind boggle was the UI challenges for the Snaplet. If it is bent around your wrist, it acts as a super duper watch / media player / calendar, etc. If you take it off your wrist and it is flat, then it converts to a note-taking tablet.
Here's a video of switching between the two modes.
06 May, 2011
Product Management Interview Questions
The article is a great read. Unfortunately, the author has chosen to prohibit any derivative works (see license), so I unable to precise the article and highlight my favorite parts.
Instead, I point my favorite parts out. Do read the introductory section in which Ken compares Product Management in a large company vs PM in a small company.
Ken's article divides his hiring requirements in six major attributes:
- Hire all the smart people
- Strong technical background
- "Spidey-sense" product instincts and creativity"
- Leadership that's earned
- Ability to channel multiple points-of-view
- Give me someone who's shipped something
I would like to rename it: "Have a good nose to appreciate and understand how other business functions operate".
Ken highlights the point that a Product Manager plays a devil advocate role and representing all (or as many as possible) interests in any discussion. Ken lists pre-sales engineering, support, developer relations, business development, legal, or customers. Of course there are many more.
A product manager has to have a good nose to understand the impact of their decisions on other functions, as product decisions impact many other business functions and processes. For example, choosing to sun set a product (a product management decision ultimately) might have a radical impact on one sales person's commission (sales and sales operations). Before you announce that PM is jettisoning a product, has the impact to that sales person / manager / director / VP been thought through?
Key Questions:
- Are you familiar with the Pragmatic Marketing Framework? How was it / have you applied it in your previous career history?
- What business functions did you do that were missing from the Framework and why?
- Can you describe an example of unintended consequences of one of your decisions? What could you learn from it?
- Can you give me an example of how you achieved an objective at the second attempt?
04 May, 2011
Migrating from Hosted to the Cloud - my case study
Here's a case study that I did with Rackspace (who provided the Cloud) and Webmetrics (performance monitoring) about moving from hosted to cloud environment.
Key
03 May, 2011
Amazon's outage questions Forrester's explosion in cloud usage
Four days later (with Amazon struggling to put everything back in place), Forrester Research publishes an optimistic report entitled, Sizing the Cloud, about SaaS usage.
Here are some quotes taken from Silicon.com: SaaS spending to rocket in next five years:
- Revenues from SaaS will increase from $21.2bn today to $92.8bn in 2016, by which point SaaS will account for roughly 26 per cent of the packaged software market.
- After 2016, however, the market will come closer to saturation, and SaaS growth will be far less impressive between 2016 and 2020.
- Revenues from SaaS will help the global market for all types of cloud services increase from $40.7bn in 2011 to $241bn in 2020.
- However Forrester analysts predict that not all cloud-based services will see uninterrupted revenue growth to 2020: The infrastructure as a service (IaaS) market [Arthur: ie Amazon Web Services) is expected to grow from $2.9bn to $5.9bn between 2011 and 2014, before shrinking to $4.8bn in 2020.
Continued differentiation in IaaS and SaaS is essential.
28 April, 2011
GroupMe - Group SMS, teleconferencing and more
GroupMe does Group SMS, presumably much like my own startup, Midentity, did MiCircles in 2003 - hard to think that was 8 years ago! (Click here to see the MiCircles home page on the Way Back Machine.)
GroupMe adds more though teleconferening. Once you're connected with others, then you can share your location or photos.
The analogy that I like to use is that once you have established a washing line between two people, lots of information can be put on the line and winched over.
Getting connected only the first part. The big question is what happens next.
- Facebook have determined that other people's content is the most important thing - sharing photos. Hence why they want people to make public as much information as possible.
- LinkedIn wants to make money out of Job Ads
- etc, etc
Anyone got any product suggestions for this? Or should I pull out my copy of the Midentity business plan (circa 2002) and re-do it all again??
Ubuntu targets disgruntled Windows users
I mentioned Linux Mint in a blog post a couple of months ago, Linux Mint - Desktop OS that should have Microsoft a little worried.
Ubuntu - the operating system on which Mint is built on - has released version 11.04 (code named 'Natty Narwhal'). See Ubuntu's What's New.
Canonical marketing manager Gerry Carr says
"We focus on people who are likely to switch to Ubuntu," he said. "We think it's people who are moderately tech-aware, who – presented with an alternative – are likely to use an Android phone rather than an iPhone, [who are] more likely to use the challenger brand rather than the main brand. The majority of these people haven't just not heard of Ubuntu, but haven't considered an alternative to Windows outside of Mac."
Source: The Register: Ubuntu seeks Android-packin' Windows deserters
Note that the Reg slammed the beta of this release, Worst Ubuntu beta ever
Bugs aside, the reviewer did NOT like the new Unity interface which replaces GNOME.
The real problem is that Unity can't do half of what GNOME can do.
On the surface Unity looks good. In fact, Unity will most likely one day trump GNOME in many ways - it's noticeably snappier than GNOME, works well at just about any screen resolution and even appears to be designed with touch-based devices in mind. Eventually, come Ubuntu 13.04 or so, Unity will seem like a brilliant move, but the transition is going to be bumpy.
22 April, 2011
LocalMind wins O’Reilly Where 2.0 Startup Showcase
LocalMind wins O’Reilly's Where 2.0 Startup Showcase. Here's the video of the interview with Robert Scoble.
Here's an outline of LocalMind:
Localmind gives you the ability to send any question you want to someone that is at a location you are interested in. That person (who is either a Localmind user or one of your Foursquare friends) receives the question to their phone and responds, in real-time.Lenny was my Engineering Manager whilst I was the Product Manager at Webmetrics. He was a very sharp guy - with wisdom (not merely knowledge) beyond his years. From a product manager's perspective, he was a highly adept project manager, meaning that I didn't have to do low-level project management or run sprint / scrum meetings - a massive relief.
Lenny was a star at Webmetrics - the man deserves to do well with LocalMind!!
Update: Scoble posted this earlier: LocalWhat’s the best SXSW app? So far, for me, it’s LocalMind. Here's a great video interview with Lenny explaining the service:
20 April, 2011
Some good but tough questions for new ventures
I don't recall how I landed on this article about willingness to invest in web 2.0 start-ups, written by Tom Shields, managing director at the Woodside Fund, a venture capital firm.
He asks some great questions for any business idea, but particularly for Web2.0 ventures. Worth paraphrasing I thought:
He asks some great questions for any business idea, but particularly for Web2.0 ventures. Worth paraphrasing I thought:
1) What gives you an unfair advantage?”
Most likely that takes the form of deep technology, proprietary content, or an exclusive business deal.
2) What is your business model?
One thing technical founders often do is put the product or service out for free, planning to put in the business model later. Often, however, the business model needs as much rapid development as the feature set, and can take quite a while to emerge.
3) Are you a feature or a product?
If your service depends on another service or community, like MySpace, then you’re going to face questions about why MySpace wouldn’t just duplicate your functionality. There is a fine line between “boiling the ocean” (trying to do too much) and being just a feature, and that’s where you want to position yourself.
Finally, there are a couple of characteristics that will definitely help your case. One is a clear understanding of your short-term direction, and the specific milestones you are trying to reach – e.g. number of visitors, downloads, etc. Another is a culture of rapid prototyping and fast learning.
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