Posts

Showing posts from 2024

The Rapid Evolution Of Robotics

Image
A few days ago, I attended one of the first non-academic robotics conferences, Actuate , in San Francisco. One of the most fascinating insights was the early evidence suggesting that robots trained using a variety of data ( cross-embodiment training )   can outperform specialized robots at their own tasks. For example, a robot trained on diverse tasks—such as walking, assembling, and manufacturing—could perform better at picking objects than a robot trained exclusively for that task. Robots in our life (image generated by DALL-E) Following are my key observations from the conference:  1. Physical Intelligence , a silicon valley startup, raised $70M in seed round to build a general robotics model which can be used by different kinds of robots to do various tasks.  2. This idea of general model for robotics is called Robotics Foundation Model  (RFM). The concept is pretty similar to Large Language Model (LLM) which are the basis for Generative Artificial Intelligence (AGI).  3. There is

Strategies for Sustained Growth in Large Companies

This is a briefing doc based on a discussion between Arne Tonning and Chander Chawla based on Chander's Magnet Strategy .  Main Themes: Sustaining Growth: The conversation focuses on how established companies can continue growing even after achieving significant scale and market saturation. Beyond Incrementalism: While incremental product improvements and geographic expansion are important, truly disruptive growth often requires more radical approaches. Tech Giants as a Model: We analyze the strategies of companies like Apple and Google, highlighting how they leverage their size, technology, and data to enter new industries. Key Ideas and Facts: Seven Strategies for Sustained Growth: 1. Incremental and Adjacent Product Improvements: Iterating on existing products, developing complementary offerings, and targeting new geographic markets. Example: Apple launching Apple Music, Apple News, and the Apple Watch alongside its core iPhone business. 2. R&D (Research and Development): In

Product Management with AI

Image
Four years ago, Arne Tonning and I recorded a podcast episode on  Product Management with AI.  Today, I asked NotebookLM  to create a study guide based on the podcast transcript.  See the guide below. I think it is pretty good :)  Product Development in the Age of AI: A Study Guide  Quiz Instructions: Answer the following questions in 2-3 sentences. 1. What are the core principles of Lean product development? Lean product development centers around building a minimum viable product (MVP) with minimal resources, rapidly testing it with users, gathering feedback, and iterating based on that feedback to achieve product-market fit. 2. How did the rise of the internet and cloud computing impact the feasibility of Lean and Agile methodologies? The internet and cloud computing enabled faster iteration cycles and easier deployment of updates. This made Lean and Agile methodologies more practical as companies could quickly push changes to their products based on user feedback. 3. According to

Wise Words From Shakespeare

“Love all, trust a few, Do wrong to none: be able for thine enemy Rather in power than use; and keep thy friend Under thy own life's key: be check'd for silence, But never tax'd for speech.” ― William Shakespeare, All's Well That Ends Well "English" translation using ChatGPT:  "Love all, trust a few": Be kind and compassionate to everyone, but trust only a select few people. Not everyone is trustworthy, and wisdom lies in knowing whom to trust. "Do wrong to none": Do no harm to anyone; live in a way that is morally good and avoid causing others pain or suffering. "Be able for thine enemy rather in power than use": Be capable of dealing with your enemies, not by constantly using your power, but by having it at your disposal when necessary. It’s about being prepared without being aggressive. "Keep thy friend under thy own life's key": Maintain control over your close relationships; don’t give away too much of yourself

Desire vs. Understanding

The desire to be right often outweighs the need to understand.

The Business Outcomes Matrix: Decoding Strategy and Team Dynamics

Image
Why do some companies thrive while others falter? This question captures the essence of business strategy and is crucial for every business leader and investor. The key to success often lies in the dynamic interplay between a company's strategic direction and its executive team's ability to execute. Using the business outcomes matrix below,  we will explore a framework that provides insights into this question. Business outcomes matrix Understanding the Matrix This matrix is divided into four quadrants, each representing a unique combination of the quality of your strategy and the strength of your team: 1. Failure (Bad Strategy, Bad Team) This quadrant represents the worst-case scenario for any company—having both a poor strategy and an ineffective team. A bad strategy might involve misreading market trends, focusing on the wrong customer needs, or failing to differentiate from competitors. Coupled with a team that lacks the necessary skills, vision, or drive, companies in this

Models

Problems arise when we outsource our thinking to models—AI or otherwise.

Failure vs. Success

Failures repeat patterns, success requires novelty. 

Fascination

One is not fascinated with the familiar. 

Inside the Mind of a Product Leader: Balancing Four Critical Objectives

Image
In the fast-paced world of technology, being a product leader is like walking a tightrope. You’re constantly balancing four critical objectives—each pulling you in a different direction, yet all essential for success. As shown in Figure 1, balancing these four objectives—User Experience, Profit, Competitive Advantage, and Technology Advancement—is the key to successful product leadership. Let's look at the interplay of these four objectives.  Figure 1: The art of balancing four objectives 1. Making the user experience (UX) better At the heart of every great product is an exceptional user experience. It’s not just about solving a problem; it’s about making the solution so seamless and delightful that users keep coming back. Whether you’re tweaking software daily or rolling out hardware updates over months, the goal is always the same: better UX.  For enterprise products, reducing the total cost of ownership ( TCO ) is an essential part of enhancing the UX. By minimizing the time, ef

Software Product Development Principles

All software products are a result of hundreds or thousands of small decisions made by a group of people overtime. Not everything can be captured in Product Requirement Documents (PRDs) and Jira (a project management tool) tickets for the engineers to make these small decisions. Furthermore, with remote and globalized workforces, it has become increasingly important that all engineers operate with the same set of principles to create a good product. Over the years, I found the following principles to be helpful:  1. Build trust with the users  For example, if you are releasing an update, ensure that it does not disrupt customer operations.   2. Let fresh eyes verify the code before release (peer code review)  Framework, culture, and tooling are needed to support this principle.  3. Everything that could change with time should be implemented as a configurable parameter (high configurability) Over-configurability can lead to increased complexity.  4. Speed does not mean lower quality fo

Startups And Money

Many startups are in the business of raising money instead of making money. 

Design Comedy

At the last Figma conference , two Google employees presented their updated design principles.  One of classic design principles that most designers follow, including those at Google, is "form follows function." Google has now updated this to "form follows feelings." The change can be observed in the latest Google product releases. The relevant employees feel good about releasing the products that do not function well. 😀 

Climate-Friendly Products

People don’t buy inferior products just because they are good for the environment.

The MVP Approach and The Post MVP Journey

Image
With a career spanning T-Mobile, National Semiconductor, Facebook, and multiple hi-tech startups, I have firsthand experience in taking innovative ideas from conception to market success, generating billions of dollars and reaching hundreds of millions of users. Aditionally, I have advised hundreds of startups, gaining valuable insights into common pitfalls and effective strategies. Whether building AI-driven enterprise solutions, climate-tech B2B products, or consumer e-commerce mobile apps, the MVP (Minimum Viable Product) approach and the post-MVP journey have been instrumental in reducing risk and accelerating development. Let's explore how you can leverage the MVP framework to not only speed up your development process but also create products that resonate deeply with your users at scale. Minimum Viable Product (MVP) is a methodology to reduce risk and increase speed in development. The concept has been around for over 20 years. MVP is a milestone in the new product developm