By Kapil Verma – Product Leader at Ex-COP, MarkeMytrpi & Namshik
In the journey from a product manager to a product leader, certain learnings become invaluable—insights that don’t always appear in textbooks or traditional training but are instead shaped by real experiences and hard-earned lessons. These “unconventional truths” can save others from making similar missteps and provide a roadmap through the increasing complexities of product leadership.
As a product manager grows into a leadership role, they encounter greater responsibilities across three critical dimensions: the scope of their work, the depth of stakeholder engagement, and the shift from execution to strategic vision. Initially, the focus may be on managing one product, tracking a handful of key performance indicators (KPIs), and prioritizing within a single project. But as responsibilities expand, so does the need to prioritize across multiple products, projects, and even organizational goals.
Similarly, the scope of stakeholders broadens. While early product roles may involve working with a limited set of collaborators, advancing to a leadership position requires alignment with a broader array of stakeholders, from engineering to business and design teams. This shift necessitates not only understanding how the product fits into an organization-wide strategy but also skillfully influencing stakeholders to align around shared objectives—often without formal authority.
In this transition, there’s also a profound shift in outcomes. Moving beyond simply delivering features, the focus expands to delivering measurable business results. Product leaders are responsible for impacting customer experience, driving profitability, and fueling revenue growth. The impact of each decision becomes more significant, making it essential to prioritize with an eye on long-term outcomes rather than just short-term gains
As product managers, we often receive advice to engage deeply with customers, understand their needs, and identify pain points. While these conversations are invaluable, relying solely on customer interviews can limit insights. Instead, product managers should balance customer conversations with real-world observation to gain more powerful, actionable insights.
Why Observation is Essential
Real-World Examples of Observational Insights
Swiggy- Solving Delivery Timing with the “Food Ready” Feature
To improve delivery timing, Swiggy introduced a “food ready” feature in its restaurant partner app. This feature allowed restaurants to mark orders as ready, which was meant to provide data on preparation times, enabling Swiggy to optimize delivery assignments.
Adobe Framemaker- Enhancing Document Management
Adobe’s Framemaker team aimed to improve their software, a widely used tool among technical writers. Standard feedback channels hadn’t indicated major usability challenges.
How to Balance Customer Conversations and Observations
The Pareto Principle, or the 80/20 rule, is a popular concept in product management, suggesting that 20% of your customers or features drive 80% of the revenue or value. However, in practice, this approach may not go deep enough. The real goal, as experience shows, is to get to the “99/1” — the single most crucial feature or value that resonates with your customers and keeps them coming back. Here’s how focusing on that one thing can transform product success.
Why the 99/1 Approach Works
Adobe FrameMaker and the “One Thing”
A great example of the 99/1 principle is Adobe’s FrameMaker, particularly in its relationship with a major client—a large American semiconductor company. Here’s how Adobe leveraged this hyper-focus approach to make a significant product impact:
Key Takeaways for Product Managers
Constraints in resources, time, or budget can seem limiting at first, but they can also push us to be more focused and innovative. Instead of viewing constraints as barriers, we can see them as catalysts for sharper priorities and creative problem-solving. Here’s how constraints can become your best friend.
Constraints as a Tool for Focus and Innovation
Real-World Examples
1. The Birth of Twitter
2. Transforming Namshi
Tips for Making Constraints Work for You
As a product manager, it’s natural to be deeply invested in your product, but one key to success is to look beyond it. Consider how your product fits within a larger ecosystem and can drive value as part of that whole. Here, we’ll explore why this mindset is essential, with examples from Apple and Adobe.
Why Think Beyond the Product?
When a product is positioned well within an ecosystem, it often creates more value and fosters stronger customer loyalty. For example, Apple’s ecosystem, from iPhones to wearables like AirPods and Apple Watches, provides a seamless experience across devices, making it hard for users to switch to another brand. Apple even generates over a third of its revenue from services and accessories, outside of their core products like iPhones and iPads.
Applying the Ecosystem Mindset
Practical Steps to Adopt an Ecosystem Mindset
Product leadership isn’t just about launching features or building beautiful, user-friendly products. True impact in product management comes from understanding the broader business landscape and focusing on customer value beyond just the product itself. Here’s a structured approach to thinking and acting beyond the product:
Rethinking the Role- It’s Not Just About the Product
The Flywheel Effect for Building Continuous Growth
Case Study- Amazon’s B2B Marketplace
In product development, there’s a common tendency to wait until everything is perfect before launching. However, the real learning happens only when the product is in the hands of customers. Here’s why just launching sooner, even with an imperfect version, is often the best approach.
1. Research is Helpful, but Launching Brings Real Insights
2. Don’t Wait for Version 1 to Be Perfect
3. Minimum Viable Product (MVP) Doesn’t Always Need to Be a Full Product
4. You Don’t Always Need Machine Learning to Get Started
5. Benefits of Launching Early
As a product manager, your job is to continuously learn. You need to understand what works, what doesn’t, and what your customers truly want. This means being flexible and ready to adjust your approach as you gather insights.
Key Mindset for Product Managers
Focus on One Thing at a Time
The Importance of Testing and Iterating
Maximize Learning, Minimize Costs
By embracing a mindset of continuous learning and focusing on what matters, you can effectively move toward product-market fit and create a successful product.
Stakeholder alignment is an essential aspect of product management. Often, despite sharing data and insights, it can be challenging to get all stakeholders on the same page. A more effective approach is to ensure stakeholders hear directly from customers.
Why Direct Customer Feedback Works
How to Involve Stakeholders
Example: Amazon Business in India
The Impact of Direct Customer Interaction
Involving stakeholders in direct customer interactions—whether through meetings, research, or customer stories—can significantly improve alignment. It helps ensure all teams understand customer pain points and can work together to address them more effectively. Early and consistent involvement in customer-facing activities is crucial for product success.
As a product manager, one of the most important skills is the ability to say no. It’s tempting to take on every new opportunity or feature request, but effective product leaders know that prioritization is key. Saying no is not about shutting down ideas, but about maintaining focus and ensuring that the team works on what truly matters.
Why Saying No Matters
MakeMyTrip Example
The Lesson- Prioritize Ruthlessly
In product management, saying no can often be the hardest decision, but it is a crucial one. It keeps the team aligned and ensures that resources are spent on initiatives that truly move the needle.
AI has the potential to be a powerful tool in product management. It can take on different roles, from an analyst to a designer, developer, or even a co-founder. The key is how you use it. The output from AI is shaped by the inputs you provide, so it’s important to understand how to integrate AI across your workflows and use it effectively throughout the product lifecycle.
How AI Can Help in Product Management
AI can be used at every stage of the product lifecycle, including:
The possibilities are vast—AI can be a valuable assistant, helping to streamline your processes and improve decision-making.
Tips for Getting the Best Out of AI
To get the best results, your input (prompt) is crucial. Here are a few tips to enhance your AI interactions:
Framework for Writing Effective Prompts
One useful framework for writing AI prompts is the CREATE Framework:
By following these guidelines, you can maximize the value you get from AI, helping you throughout the product development cycle.
About the Author:
Kapil Verma – Product Leader at Ex-COP, MarkeMytrpi & Namshik
Storytelling in product marketing involves crafting narratives that connect a product’s features and benefits to the emotions and experiences of the target audience, making the product more relatable and memorable
Storytelling engages audiences on an emotional level, enhances brand recall, and differentiates products in a crowded market by creating meaningful connections with consumers.
By presenting relatable scenarios and addressing customer pain points through narratives, storytelling fosters empathy and trust, leading to increased customer engagement and loyalty.
Effective storytelling includes a clear message, relatable characters, emotional appeal, and a compelling narrative arc that resonates with the target audience.
Yes, storytelling is effective in B2B marketing as it humanizes complex products or services, making them more accessible and relatable to business clients.