Webinar: Frameworks for Excelling as a PM by Stripe Product Lead, Rishabh Dave

Webinar Overview: The webinar is titled "Frameworks for Excelling as a PM" by Rishabh Dave, a Product Lead at Stripe. Dave shares his career journey, starting as a technology consultant at Accenture and later working at Amazon and Uber before his current role at Stripe. Traits of a Successful Product Manager: Good product managers (PMS) know their market, product, and competition well. They take full responsibility for deliverables, measuring success based on product success. Time management and on-time product delivery are emphasized. Effective communication and clarity in conveying plans are key skills. Business acumen and strategic thinking, along with leadership, are crucial for success. Product Manager Skills for Success: Product sense, execution, analytics, communication, leadership, business acumen, and strategy are vital PM skills. Strategy, the focus of the webinar, involves making explicit choices for marketplace success. Frameworks for Product Strategy: Four frameworks are discussed: Product Vision Board, Playing to Win, DHM model, and V2MOM framework. Each framework provides a structured approach to defining product strategies, emphasizing aspects like vision, market segments, value proposition, capabilities, and guiding principles. Steps to Improve Strategy Skills: Preparation involves forming a diverse working group. Gathering insights from existing data and synthesizing them to propose strategic options. Developing high-level concepts to explain proposed strategies visually. Finalizing the strategy into a document with key sections, including deprioritized areas. Suggestions for improvement include reading strategy books, analyzing company strategy documents, listening to relevant podcasts, volunteering for product planning, attending strategy reviews, and practicing strategy drafting with feedback.