What Job Do You Hire the Apple Watch For?

Product Management Today Best Article

After the recent Apple keynote, a friend sent me these questions:

  • Is the watch now a permanent part of your purchase? Buy one every 2 years to pair with your iPhone?
  • What would have to happen for you to say – it is not worth spending $350 to have a watch on my wrist?
  • Why buy a $350 Apple when a $100-$200 Pebble gives you the same functionality?

The question behind the question is, what is the compelling reason to buy a product. Continue reading “What Job Do You Hire the Apple Watch For?”

iPhone 5S: Leave the Gun, Take the Cannoli

There is a scene in “The Godfather”, where Rocco kills Paulie Gatto in the car and Clemenza tells Rocco, “Leave the gun, take the cannoli”. Clemenza’s wife has asked him to bring some cannoli home, but he has another task to be done. He has to finish Gatto, Vito Corleone’s driver, for treason. So the murder takes place during the cannoli errand. After Rocco kills Gatto, Clemenza instructs him to leave the gun, but to take the cannoli.

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What is the significance of this line, and why am I bringing it up here in reference to the iPhone 5S? In the mob world, a murder is just part of the job, not much to be dwelled upon. Other things, like cannoli, are more important. We’ll see how this applies to the iPhone 5S. Continue reading “iPhone 5S: Leave the Gun, Take the Cannoli”

The Insanely Great Product Manager – Part 4: Communicate Value

After understanding value, creating value, and capturing value, we now come to the next part of the value journey, i.e. communicating value.

A product manager has to be an effective communicator. Effective communication is timely, concise, and inspiring, yet with a lot of empathy. In the daily grind of the job, there are numerous things that pull a product manager in many different directions, yet, the opportunity to communicate with different stakeholders is always welcome. Continue reading “The Insanely Great Product Manager – Part 4: Communicate Value”

The Insanely Great Product Manager – Part 3: Capture Value

After “Understanding Value” in Part 1, and “Creating Value” in Part 2, we come to the third aspect of the value journey, “Capturing Value”. When we think of capturing value, the topic of pricing comes up as important. While price is an important aspect of capturing value, it is not the only one. The price of the product allows capturing value in the economic sense.

Continue reading “The Insanely Great Product Manager – Part 3: Capture Value”