LaMetric. Leadership principles on the way to the successful product company

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Transcript of LaMetric. Leadership principles on the way to the successful product company

Leadership principles on the way to the successful product company

Nazar Bilous - CEO, Founder

About LaMetric

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All team had service background

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Service company Product part of Lemberg

What works on this way?

Separate office space for product team

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• Customer obsession • Industry knowledge • Top-down thinking • From impossible to possible • Deep debates to find a truth • Focus on results

Product atmosphere

It’s not about smoothie, it’s about culture!

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Hire people with right values (or select such from service)

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• Prefer ambitious • Generalists • Customer fans • Good abstract thinking • Do more than expected • Solve problem with efficient tool • Tend to build mechanisms • Special attitude to product

Product people

It’s about passion!

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Balance team with different visions

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Product vision

Engineering vision

Art vision

Point of View Customer System Art

Priority Benefits Features View

Resource feeling Limited Unlimited Unlimited

Value Benefits Stability&Scalability Love

Entire team should learn product vision!

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Art vision adds heart to the

product

Engineering vision adds skeleton to the

product

Product vision adds human being

characteristics to the product

Share business objectives

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• Share business vision • Share product strategy • Share marketing strategy • Share sales strategy • Constantly learn who are your customers

Combine team around mission and sales!

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LaMetric mission is to decorate home&business environment with intelligent objects which enrich interior and

get back people to natural information perception

We start from clock category by building company on the edge of consumer electronics and home decor industries

Challenge the product team

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1. Fix budget 2. Set deadline 3. Set high expectations 4. There are no exit strategy 5. Take money from the market and commit 6. Increase pace of personal growth(10x) 7. Make product, get results

Crowdfunding is awesome for product development!

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Accept hot debates as part of the culture

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• Be curious • Ask questions • Ask different questions about the same thing • Argue your solution • Transform the product into human being • Get truth together • Learn each other to listen • Don’t leave the room, discuss to the finish • Customer needs is the judge

Leaders take final decision but listen to the whole team!

Test UX on “choleric” personality

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If UX works for “choleric”, it will work for all!

• Why I need to wait so long? - Make it faster • Why it’s so ugly? - Make it more “sexy” • You will know the real state of the product

from “choleric” faster • Get feedback and improve

Frugality in all decisions

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• Designers will design (drugs effect) • Engineers will develop (drugs effect) • You all need result as soon as possible

Stop consuming engineering drugs and train team frugality!

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or develop own eCommerce

or develop own support system

or develop own reporting system

What approach is better?

Invent and simplify

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1. The result of innovation is complex at the beginning 2. Think 3. Iterate 4. Simplify and add love 5. Make the last mile! Most companies don’t make it.

Last mile makes your product!

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Drive team with own example

• Leaders setup culture • Leaders setup pace • Leaders in the one room with a team • Share same challenge • Share nights • Help and develop your team

At the end of the day team reflects leaders!

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Be curious and dive deep

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• Stay connected to details even it’s not your job • Audit details frequently • Ask deep questions from your perspective • Don’t afraid to ask foolish questions • Be hungry for detailed answers

Small details will save product from a lot of problems!

Everyone should earn trust inside the team

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• Be transparent with team members • Give everyone personal challenge • Help newcomers • Share responsibility with progress • Decrease control with progress • Hire Slow, Fire Fast - he/she can be Player B,

attitude to the product is the main factor

Champion Team will beat Team of Champions!

Get engineering support from the service experts

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• Involve service team into engineering challenges • Brainstorm, discuss, involve • Get niche knowledge from similar projects

Service experts will save you time/money!

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Delegate only when understand

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1. Build first results with core team of generalists 2. Understand process 3. Put in the system 4. Describe 5. After early stage start delegate and grow with

specialists 6. If you involve external organisations - control vision

Don’t seek for easy way!

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info@lametric.com