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Big Data might be a buzz word, but it's a very real challenge, and it's going to hit your Product sooner or later. Will you be ready? The considerations above are certainly not all-encompassing, but hopefully, they will provide food for thought and somewhere to start.
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IIM Lucknow & WileyNXT - Executive Program in Data-Driven Product Management How to welcome Big-data in Product Management
IIM Lucknow & WileyNXT - Executive Program in Data-Driven Product Management There are 6 areas where product managers have to consider before integrating Big Data for product businesses - • Data storage • Analytics • Visualization • Data access tools • Data-security frameworks • And necessary data engineers
IIM Lucknow & WileyNXT - Executive Program in Data-Driven Product Management How would a product manager fit a data-product cycle • Arrange data procurement strategy • Utilizing the data-tools for data preparation • Establishing hypothesis and modelling • Evaluation of the model and check how it performs in real-time scenarios • Establishing protocol for optimization • And launch
IIM Lucknow & WileyNXT - Executive Program in Data-Driven Product Management The disciplines that you can take care as a data driven product manager for the data-team • Strategies to convert data into products • Establish a winning iteration cycle for product development • Having an evaluation process for the data house • Establish cross-functional policy to communicate product progress
IIM Lucknow & WileyNXT - Executive Program in Data-Driven Product Management BE A FUTURE-READY PRODUCT LEADER, WHO DOES NOT LAG ON TRADITIONAL LOOPS! Build scalable and robust product and product marketing strategies, based on proven frameworks used by top successful organizations such as Apple, HP and others.
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