What Will Happen If We Do Nothing About Climate Change

5 min read

What Will Happen If We Do Nothing About Climate Change – If someone had asked me years ago to summarize product management in two words, I would have answered: problem solving. Isn’t that our main job? Identify customer problems and solve them. Give me the applause I deserve!

Now, the problem with being so obsessed with solving problems is that when I see a problem, my knee-jerk response is, “How do I fix it?” I am a trouble pig: I easily attract many problems. That is:

What Will Happen If We Do Nothing About Climate Change

What Will Happen If We Do Nothing About Climate Change

After many problems of exhaustion and frustration, I learned my lesson. If you ask me now what my business is, I will answer: increase profits. This means that I only work on the right problems to solve, in a way that gives the best value to customers.

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This section is useful if you have a mental health problem. You can find information by reading customer reviews, talking to the support team, or watching a customer recording. Using the analogy of dating, this is the part where you need to make sure you love your network.

It’s worth taking the time to ask the 5 reasons and make sure you’re addressing the root cause of the problem and not just fixing the visible symptom.

A simple example: If the number of registrations for a certain feature is low and you know that there are usability problems in the form, it is easy to go directly and solve those exit problems. (Or better yet, you find the user problem first, and then pull the registration number to confirm the problem. This is proof of concept!)

Currently, the number of registrations may be low because the feature is not valuable enough (quality risk) and does not provide the value that customers need (product quality risk). That’s why it’s important to analyze qualitative and quantitative information to get the big picture.

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The answer to this question is not as simple as “nice to have” or “necessary”. There are three areas you should consider when evaluating the impact of a problem:

Consider that what customers need and what the company wants do not always match. I’m this nice and nice young woman who tries to solve customer problems when the company doesn’t care because it shouldn’t. After all, businesses are made to make a profit by meeting the needs of their customers.

I have a little advice to tip the scales in your favor: think about how this problem can hurt the business in the long run. It may not be a short-term motivation to solve this problem for the business, but in the long run it can destroy trust in your business and hurt long-term profitability.

What Will Happen If We Do Nothing About Climate Change

Even if the problem is related to the customers and there is profit in the company to solve it, it is not consistent with its vision. A simple example is if the problem is on the website, but the company wants to look at the app.

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Saying “no” to a serious challenge if it doesn’t align with the business/product vision is the key to persistence. Quote Michael Porter: “The essence of strategy is choosing what not to do.” »

You only have a limited resource and you are working on one problem, which means you are not working on other problems. This is your opportunity cost: the loss from a past period.

Think about what you will do next if you do not take this risk and make sure that you can pay this price.

Considering the cost of delay, or the cost of inaction, is a powerful thing to do. You know that some problems are like fire: you have to solve them now or rebuild them later. Other problems like a leaky roof – will slowly escalate until the entire building collapses. Some other problems are like a puddle: it’s annoying but it doesn’t hurt anyone when everyone knows how to get around it.

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Going back to the relationship analogy, you know what the wise say: “It’s good to be in a relationship because you can think about what you really want in your partner!” » Similarly, if you don’t think about a problem, you will have more problems. place to think before feeling.

This is also what separates junior product managers from senior managers. Top PMs will identify and evaluate opportunities to improve productivity by 10x, rather than just 10%.

The Work to Do Framework (JTBD) challenges you to think beyond the usability issues of your product. When a user flies from London to Dublin, their goal is not to get on the plane, but to meet their colleagues. If you are an airline, your threat is to change not only for other airlines, but also for Zoom and Google Meet.

What Will Happen If We Do Nothing About Climate Change

Understanding why your customers “buy” your product gives you clear direction to improve your product. Airbnb users are looking for a great vacation, not a place to stay. This is how the Airbnb experience was born.

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The moat is a large water basin that surrounds the castle. It is used to defend the castle against attack. Building a moat in a business or product makes it difficult for new entrants or competitors to steal your customers.

One of the most popular ways to build a niche is to create online results: the more people use your product, the more valuable your product is to each person.

Online results are seen in products such as social media (it doesn’t matter if you don’t have friends or someone following you) or marketing (it doesn’t matter if customers can’t find products/services they need, or customers. no). I can’t find the customer). But you can link online results to other products by creating a custom activity that you do yourself (for example, training or investing) and adding a link to it .

The internet is just one way to build a fake. You can discourage customers from switching by establishing a close relationship with your product, patenting your technology, etc. Recommended Reading: Deep build without internet consequences.

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#9: If the next founder creates a plan to destroy my business, what will it say about my company/product?

Your company/product could have been created a few years ago with the same desire: to transform a broken business. You call a 50-year-old business an enemy and present your solution as a revolutionary savior.

The irony is that you can become an old enemy in a few years if you stop doing new things.

What Will Happen If We Do Nothing About Climate Change

Society is growing faster than ever and the bar is constantly being raised. If you don’t mess with your own product, someone else will.

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The virus has taken a toll on many businesses. Products that depend on the people who are going or ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

A disease on the scale of Covid-19 may be a century, but that does not mean that there will not be other conditions that will make your product useless. It is possible to change the regulation.

Nor was revolutionary change overnight. Slow change such as the rise of renewable energy, electric vehicles, alternatives to meat-based crops, the production sector, etc. can affect your product. Be careful because the future has arrived, but it is not evenly distributed.

When people talk about product availability, they often think of problem solving. The old adage “the PM is the problem, the engineers are the solution” can tempt PMs to jump to the solution point.

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Solution in a silo. Instead, the PM must lead the solution discovery process, bringing together the expertise of engineers, designers, data scientists and stakeholders.

Simply put, how many resources do you want to allocate? How much time do you want designers and engineers to spend on this? It is possible to increase a job to fill his time and time, according to Parkinson’s Law.

. The right model is something you need to understand now, using the knowledge of your engineers (and other technical functions such as data scientists).

What Will Happen If We Do Nothing About Climate Change

The importance of this information cannot be overstated. There is a world of difference between a set of solutions. For example, my team at Bulb has been thinking about providing health care tips in the app. The solution can be table:

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The third and fourth would require user data that we don’t have, so it’s not possible right now. With this information, you can decide, for example. build the second solution now, while investigating the value of numbers 3 and 4 to see if it is worth building. Which brings me to my next point: diminishing returns.

The most difficult solution is the most expensive to build. The good news is that your customers don’t have to! 80% of the work can be done in half the time to build – the principle of diminishing returns can be used.

You can test this by creating an MVP version of the solution, and submitting it to a %.

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