Culture
Execution> Strategy 5 minutes read.
The "effort/investment stack" suggested here can help guide your decision-making in reducing risk. The entire idea behind Lean Startup was to figure out the minimal viable (and monetizable, if possible) product to build. I agree with this analysis: "When you become a strong executor, strategic questions start to crystallize and sort themselves really quickly." -- Both execution and strategy are essential and should help the company transition between scaling phases and maturity levels regarding your organization, product(s), and technology.
Read it later via
Instapaper.
Share
it via
Twitter
or
email.
Zuckerberg's Emails About the Instagram Deal Are a Masterclass in Business Strategy and Are Worth Studying. (Thread) 4 minutes read.
Reading old internal emails of successful companies can teach us a lot about how leaders analyze and act (quickly) in certain situations. You can notice how Mark framed his thinking (e.g., "we're buying time" and "finite number of social mechanics") and created buy-in while staying honest about his perception of the business and opportunities. 1ドルB felt like a lot back then for a social app. This is maybe one of the best acquisitions of all time (at the same level as Google acquiring Youtube.)
Read it later via
Instapaper.
Share
it via
Twitter
or
email.
AI Product Management 6 minutes read.
As more companies adopt and leverage LLM, we'll see a shift in the roles and expertise the industry needs to develop. The most significant area that will change how we work, the tools we create, and the process we need to change is covered under "Feasibility Risk": "Generative AI, by its nature, is probabilistic, not deterministic. [...] This leads directly to the critical topic of quality assurance. What are acceptable error rates? What are the possible types of mistakes? How will the product handle each type of mistake? Are there ways to mitigate mistakes with the user experience?"
Read it later via
Instapaper.
Share
it via
Twitter
or
email.