What You Learned Today
- V-D-F Framework – Desirability, Viability, Feasibility
- PM “Jobs” Venn – Shape · Ship · Sync → outcomes, not output
- Five High-Performance Mindsets – Customer Obsession, Bias for Action, First-Principles, Systems Thinking, Adaptability & Ownership
- Real-world Case Bursts – Spotify, Netflix, Instagram Stories, SpaceX, Airbnb, Flipkart
- Skill-Set vs Mind-Set – tools can be taught; mindsets must be trained
- Transition Tips – moving from task-oriented IC roles to outcome-oriented PM work
- Hands-on next steps (reading list, mini-exercise)
1️⃣ Why the V-D-F Lens Matters
Sphere | Guiding Question | Spotify Illustration |
---|---|---|
Desirability | Do users want this? | Huge catalog, discovery, social playlists |
Feasibility | Can we build it? | Low-latency streaming, recommendation engine |
Viability | Will it sustain? | Freemium→Premium, licensing/CAC-vs-LTV math |
Sweet-spot = Impact — success lives at the intersection.
2️⃣ From Framework to PM “Jobs”
PM Job (3 S’s) | Core Actions | V-D-F Tie-In |
---|---|---|
Shape | Strategy, roadmap, market sensing | Fuels Desirability |
Ship | Sprint planning, releases | Executes Feasibility |
Sync | Align eng, design, biz & customers | Protects Viability |
Great PMs own outcomes, not features.
3️⃣ Five High-Performance Mindsets
# | Mindset & Tagline | Real-World Snap-Shot (from lecture) |
---|---|---|
1 | Customer Obsession – users > stakeholders | Netflix pivoted to streaming vs DVD doubts |
2 | Bias for Action – ship, then refine | Instagram launched Stories in 8 months |
3 | First-Principles – start at atoms | SpaceX cut rocket cost 10× by DIY build |
4 | Systems Thinking – features must talk | Airbnb melded ID-checks, 2-way reviews, escrow |
5 | Adaptability & Ownership – thrive in chaos | Airbnb’s COVID cancellation & safety tooling |
4️⃣ Skill-Set ≠ Mind-Set
Dimension | Skill-Set (teachable) | Mind-Set (cultivated) |
---|---|---|
Nature | Tools, ceremonies (Jira, A/B) | Lenses & behaviours (1-5 above) |
Change Rate | Evolves with tech | Evolves with reflection & experience |
5️⃣ Case Bursts – Frameworks in Action
Scenario | Key Insight | Impact Lift |
---|---|---|
Netflix → Streaming | Desirability over legacy profit | Global subs 260 M + |
Instagram Stories vs Snapchat | Bias for Action vs perfectionism | 200 M DAU in 1 yr |
SpaceX Cost Drop | First-Principles over supplier dogma | Launch cost ↓ 10× |
Flipkart COD Discounts | First-Principles on returns economics | Pre-paid adoption ↑ |
Airbnb COVID Response | Adaptability + trust-system tweak | GMV recovery post-pandemic |
6️⃣ Student Exercise
Pick any digital product you love.
- Map its V-D-F; mark the weakest sphere.
- Choose one mindset (1-5) and describe—in ≤ 100 words—how you’d apply it to strengthen that sphere.
- List one success metric you’d watch after shipping.
7️⃣ Reading & Resource Shelf
Title / Link (free PDFs online) | Why It Helps |
---|---|
Inspired – Marty Cagan | Shaping & customer value |
Lean Customer Development – C. Alvarez | Interview & insight skills |
Working Backwards – Bryar & Carr | Amazon’s “start with press-release” |
Lenny’s Newsletter | Ongoing PM case studies |
8️⃣ Key Take-Aways
- Impact = Desirability ∩ Feasibility ∩ Viability.
- Mindsets multiply skill-sets; they’re your career moat.
- Speed matters only when tethered to user value.
-
Frameworks are guard-rails, not cages—iterate with courage.
🔥 What is Product Management?
IMPACT = Driving Value, Feasibility, and Business through Mindset + Skillset
Framework | Question | Spotify Example |
---|---|---|
Desirability | क्या लोग इसे चाहते हैं? | - Access to unlimited music |
Personalized recommendations
-
Cross-device streaming
-
Playlist sharing |
| Feasibility | क्या हम इसे बना सकते हैं? | - Real-time streaming infra -
Recommendation algorithm
-
Music library management
-
Scalable backend infra |
| Viability | क्या ये sustainable business बन सकता है? | - Freemium model -
Premium subscriptions
-
Licensing deals
-
Artist & infra costs covered by revenue |
Aspect | Skillset 🛠 | Mindset 🧠 |
---|---|---|
Definition | Functional abilities: Tools, Analytics, A/B Testing, Roadmapping | Thinking approach: Customer-first, ownership, long-term thinking |
Focus | Execution & Performance – What you do | Strategic & Empathetic Thinking – How you do it |
Developed via | Tools, training, courses | Experience, introspection, company culture |
Spotify PM | Uses SQL, runs A/B tests, understands monetization strategies | Thinks customer-first, prioritizes impact, avoids fluff |
1️⃣ Customer Obsession > Stakeholder Pressure
Case: Netflix's DVD → Streaming Pivot
Stakeholder Objections | Netflix’s Customer-First Decisions |
---|---|
Investors: Infra cost too high | Invested in streaming infra even before broadband was common |
Finance team: DVD biz cannibalization | Focused on long-term streaming growth |
Content partners: Rights issue | Negotiated new models, then made original content |
Users: Slow internet | Started with small library (1000 titles), scaled later |
2️⃣ Bias for Action > Analysis Paralysis
Case: Instagram Stories Launch (vs Snapchat)
Steps Taken | Outcome |
---|---|
Decisive move to counter Snapchat | Built core feature in 8 months |
Launched MVP version first | Post-launch features added via data |
Didn’t wait for perfection | 200M daily active users in months |
3️⃣ First Principles Thinking > Copying Best Practices
Case: SpaceX Rocket Cost
Traditional Thinking | First Principles Thinking |
---|---|
"Rocket expensive hi hote hain" | “Rockets kin materials se bante hain?” |
Accept vendor costs | “Raw material sirf 2% cost ka hai” |
Outsource everything | “Hum khud banayein aur reuse karein” |
4️⃣ Systems Thinking > Linear Fixes
Case: Airbnb Trust System during COVID
Linear Fixes | System Thinking Solutions |
---|---|
Add user verification | ✅ ID + phone verification, social profiles |
Add reviews | ✅ 2-way review system |
Just improve UX | ✅ Secure payments, messaging, insurance |
🧠 PM ने सिर्फ एक feature नहीं, पूरा system redesign किया जिससे user ka trust बना रहे।
5️⃣ Ownership & Adaptability > Task Execution
From | To |
---|---|
“What do I need to do?” | “What needs to happen?” |
Task completion | Outcome ownership |
Comfort with clarity | Adaptability in ambiguity |
✅ Attendance & LMS
Q: Attendance कैसे track होता है?
📌 Zoom webinar जो LMS से linked है – उससे attendance auto-record होती है।
कोई manual action नहीं चाहिए।
🛠️ Tools for Product Managers
Q: PMs के लिए जरूरी tools कौनसे हैं?
Category | Tools |
---|---|
User Research | Google Forms, Typeform, SurveyMonkey |
Prototyping | Figma, Balsamiq |
Task Management | Jira, Trello, Notion |
Analytics | Google Analytics, Mixpanel |
Collaboration | Slack, Miro, Zoom |
Q: क्या ये tools चलाने के लिए high-end laptop चाहिए?
❌ नहीं!
✔️ 4–8GB RAM वाला basic system काफी है।
⚠️ Internet speed > System specs
📘 Concepts – Feasibility, Viability, Outcomes
Q: Feasibility vs Viability?
-
Feasibility = हम बना सकते हैं क्या? (Tech, timeline, team)
-
Viability = हमें बनाना चाहिए क्या? (Revenue, business fit)
Q: Output vs Outcome?
-
Output = Delivered चीज़ (e.g. नया feature)
-
Outcome = उसका impact (e.g. engagement बढ़ा?)
🔄 A/B Testing, Beta Launch, Analytics (Simple Language)
A/B Testing:
दो version compare करो (e.g. लाल vs नीला बटन) → जो better perform करे वो रखो।
Beta Launch:
Product पहले छोटे group को दो → feedback लो।
Usage Analytics:
User क्या क्लिक कर रहे हैं, कहाँ रुक रहे हैं, कितना time दे रहे हैं – ये सब track करना।
🤝 Stakeholder Management
Q: Stakeholder management क्या होता है?
👥 All parties (devs, users, leaders) को align करना – ताकि decision-making smooth हो।
🧪 User Research & Validation
Q: अगर user base नहीं है, तो survey या research कैसे करें?
-
Social media, forums, physical communities का use करो
-
Example: Shopping app बना रहे हो तो age-group के लोगों से बात करो
Q: Feature desirable है या नहीं, कैसे validate करें?
-
User interviews
-
A/B testing
-
Beta Launch
-
Retention और engagement जैसे metrics
🧠 Mindset – Unlearn & Relearn
Q: Unlearn & Relearn का मतलब?
👉 पुरानी rigid सोच छोड़ना (e.g. waterfall model)
👉 और नई agile, user-centric approach adopt करना
Example:
Waterfall से agile में shift करना = Unlearn → Relearn
🔬 First Principles Thinking
Q: First-principles = Originality?
✔️ Yes – Problem को basics में तोड़कर zero से solution बनाना
Example: SpaceX ने rocket cost दुबारा सोचकर कम की।
Q: क्या ये experimentation है?
❌ Not exactly
✅ लेकिन experimentation part हो सकता है
Core = “सच्चाई की जड़ तक जाना”