93: Excelling at Product Management Execution
In this episode of the How to Succeed in Product Management Podcast, Associate Director Kara Fichthorn welcomes Arjun Lalwani (Youtube) and Liang Huang (Webflow) as they discuss product execution and its importance in product management. Product execution is crucial for product management as it involves turning ideas into tangible products or features. Effective execution ensures that the product meets its objectives, satisfies customer needs, and aligns with the overall business strategy. Without strong execution, even the best product ideas may fail to deliver value, leading to wasted resources and missed opportunities in the market. Disclaimer: All opinions of the speakers are their own. What to Listen For: 00:00 Intro 03:09 How important is product execution? 06:21 Frameworks in product execution 11:52 Challenges in product execution and how can frameworks help? 14:56 Difference in product execution in small to large-sized organizations 19:00 How does user research play into product execution? 23:25 Decision-making during product features transformations 26:31 PM principles for a solo entrepreneur 30:07 Tools for product execution 35:46 Product vs. project management 39:27 Reversing a decision in product 42:22 Maintaining the quality of product execution after a layoff 44:50 Expanding products in a new market 46:35 How to be a part of big organizations? 49:34 Final thoughts