The 7 Ps of Product in Sketchnotes #LTPCon

This year, like many events, Leading the Product went digital and stepped up their game with a 7 Ps of Product theme.
It’s my 5th year on the LTP team as Ambassador and Sketchnoter I every year I am blown away by how the team steps up the quality.
But this post is not about how the event was run (sorry) but to share my sketchnotes of the day.
Visit www.leadingtheproduct.com to learn more about the event, and subscribe to updates so you don’t miss out on their next event.
Problem
Caitlin Blackwell – Head of Product, SEEK
Using Risks and Rewards to Solve Problems and Make Better Decisions
“As Product People, we don’t have full autonomy over the problems we solve. There are often stakeholders to involve, disruptive voices to pacify and budgets to stick to. What can help is working with our stakeholders to define our product goals. Caitlin will provide a framework for framing the right questions and setting goals through using opposing risk and reward concepts. She will then show how setting the right product goal (reward) and identifying risks early can help your Products be more successful.“
Purpose
Frank McKenna – CPO, Covidence.org
The Power of Purpose
“Frank will take us through the lessons learned from creating “living guidelines” for medical practitioners during the Covid-19 pandemic. He will explain how having a clear Purpose can unify diverse teams and motivate them to achieve more and deliver greater value to their customers.“
Position
April Dunford – Author, “Obviously Awesome”
How to Compete and Win Against Powerful Competitors
“We operate in crowded markets and struggle to reach customers that are overwhelmed with choices. Strategic product positioning has never been more important and yet most companies fail at it. In this talk, April will show you how to assess your product’s positioning and what to do if it’s weak. She will walk you through a process for positioning around your strengths and how to strategically choose a market context that makes those strengths obvious to customers. Lastly, April will show a series of examples of companies that unlocked rapid revenue growth through a strategic shift in positioning.“
Performance
Stephen Haines – Founder, Sequent Learning Networks, and Author, “The Product Manager’s Survival Guide
Optimising Product Performance
“Many product managers are concerned with designs, features, and other items that nurture a product’s capability or functionality. However, new features or user experiences represent only a portion of the work required to effectively manage a product’s business. To fully optimise the performance – that is, the business contributions of the product to the company, product managers need to pay attention to aspects of the product’s business that can streamline operations, fine-tune processes, and improve product profitability. Steven will discuss how to develop a data-driven mindset so you can think strategically, act with purpose and deliver real benefit to the bottom line.“
Pricing
Patrick Campbell – Founder/CEO, ProfitWell
Pushing Monetization Forward
“Pricing is like the mythical creature of strategy. From seed startups to seasoned enterprise behemoths, there’s an alarming level of pricing the world is merely guessing on – and ProfitWell has the data to prove it. Join Co-Founder and CEO, Patrick Campbell, in a monetisation session to unpack what they’ve extracted from over 18,000 companies on value-based pricing strategy, and why getting it wrong is not an option. You’ll uncover the top pitfalls and strategic insights specifically for product teams and leaders, as well as tactical tools to increase revenue and customer satisfaction.”
Christine Sou – Product Lead, TransferWise
Differentiate Through Pricing
“An inside look at TransferWise’s pricing principles and how they’ve guided teams to make better product decisions, ultimately driving 10x customer growth.“
Promotion
Klaas Raaijmakers – Head of Product, Stan
Product Led Promotion
“Some products and services sell themselves. They need no marketing and no selling. Why is this? What do these products and services have in common? What user behaviour do they tap into and how can you leverage this to improve your products & services? In this talk Klaas will explore the power of product-led promotion. He will show how understanding and increasing your users’ commitment unlocks significant growth opportunities.”
Practice
Kate Leto – Author, “Hiring Product Managers”
Build a Balanced Product Practice Through Hiring
“Product people select from a variety of tools that live in our virtual toolbox to solve a problem. Given the technologies we’re working with are often new, there’s no sure way to solve that problem. So, there’s a lot of experimentation and trial and error. But teams of product people won’t know for sure until they try. This takes a lot of practice. Come and learn the secret Product Management sauce of building a great product practice.“
Jeremiah Lee – Engineering Manager, InVision
Failed Squad Goals
“When Jeremiah started working at Spotify he was excited to see the famed “Spotify Squad model” in action. When he started he learned that the reality was very different and that the Spotify model had only ever been aspirational and never fully implemented. Since leaving Spotify Jeremiah wanted to set the record straight, explain why the Spotify model didn’t work and why it’s unlikely to work for other companies either. He will go on to recommend other ways of achieving the Squad model’s aims, without treading the same path.”
LTP summaries from participants
- 7 key takeaways from Leading the Product (Digital) 2020 – Jardian Ormsby, Fox Sports Australia, LinkedIn
- LTP Digital’s 7 Ps + sketchnotes – Ahmed Khalid, Medium
- 12 pages of 7 Ps of Product, in flashcards – Chee Ng, LinkedIn