Skip to main content

Posts

Continuation of Product Prioritization: Diving Into Story Mapping

I’ve been diving into different product management – importance of roadmap and product prioritization and then a RICE framework for prioritization. Today, wanted to jump back in but look at story mapping. I haven’t done a story map before, but I’ll share what I’ve found reading up on several sites including Aha!, MANIFESTO, Agile Velocity, ThoughtWorks, and others.

The benefit of story mapping is its effectiveness as a visual tool to organize the development tasks and activities with goals – the stories a product/ service user traverses. It prioritizes for value and aligns the team on value and goals.
How to think of story mapping – my preferred route: There are two axes – from left to right, the goals a user accomplishes to achieve a greater goal (e.g. make a purchase, stream a video, other). From top to bottom, the prioritization of stories (activities/ tasks) organized into a release schedule.At the top level, you have the intermittent goals a user achieves. All tasks and activities…
Recent posts

A Framework for Product Prioritization: RICE

Back to talking about product! Last week, I talked about the importance of product prioritization and the product roadmap. I’ve also shared takeaways from Des Traynor of Intercom talk on product development. Specifically, how to drive adoption and engagement. Today, here’s a framework for product prioritization – RICE. Reach – How many customers or prospects would a feature/ development engage?Impact – What is the outcome/ results of a build? Would this drive engagement – feature/ user adoption? Drive revenue?Confidence – How likely would development have the effect on reach and impact?Effort – How many total man-hours/ weeks/ months would this development take? Remember to include hours for each resource across functions (i.e. product, front-end, back-end).Intercom suggests teams add bands of scores to quantify each factor as best as possible. For example, to understand the factor of Impact, scoring can follow: “3 for ‘massive impact’, 2 for ‘high’, 1 for ‘medium’, 0.5 for ‘low’, and…

New Project: Video Blogging My Surgery Results

Every so often, I like to take on new personal projects. Late 2015, I wrote Postmortem of a Failed Startup: Lessons for Success (published on Amazon January 2016).Late 2016 saw me meet 100 Strangers in 100 Days.In 2017, I started my donut review blog Mmm Donut. This is the only project so far without a clear “finale”. This year, I am trying out video blogging. Specifically, I am posting to YouTube about my experience going under the knife to treat a herniated disc -- dubbed "Post-Op Stories". I’ve been living with a lot of pain since July 2017, and chose surgery (anterior cervical discectomy and fusion (ACDF)) as the solution.

I found a lot of disparate feedback about the patients, their situations, their treatments, and their long-term results. So, I’ve decided to video blog about the whole undertaking – weeks leading up to surgery for preparation, and then (now), days, weeks, and months post-op. All this to help others understand treatment options, specifically the ACDF, a…

Ratios and Multipliers in Business

Recently, I was reading an article in IndieHackers where a member sent out a landing page for an idea hoping to lean on sign-ups as a proxy for interest. With good interest, he would continue to chase the idea. However, he didn’t receive any sign-ups or feedback. He was stuck and was looking for feedback. One commenter pointed out the 90/9/1 rule of contributors. 90% of the web is made of consumers (“lurkers”).9% will contribute occasionally, not often.1% contribute to most of the web. This can apply to social networks, sign-ups, etc. There are many ratios that have developed over time in business. These are not hard-fast rules. Instead, they are general observations much like the golden ratio in nature or pi. Here are a few other rules.
80/20 where 20% of “xyz” contributes to 80% of some result. In consulting, I used to find ~20% of product SKUs contributed to 80% of the company revenue.10/10/100 from a sales leader panel about terminating a sales associate for poor performance/ poor …

Spotlights on Two Atlanta Startups Growing Through Regulations