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Fail Now or Fail Later…. PM'ony snicket: a series of unfortunate events Adam Rose 2018 - Product Camp Dallas

Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

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Page 1: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Fail Now or Fail Later….PM'ony snicket: a series of unfortunate events

Adam Rose2018 - Product Camp Dallas

Page 2: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Goals/AgendaThe Background

The Plan

The Big Finish

The Problems

The Failures

The Solutions

The End

…or product…or release

Page 3: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Failure BackgroundBusinesses run on profits Profits come from risksRisks result in failures

Businesses should expect failures…that areefficientuniquecontrollable

the master has failed more times than the beginner has even tried-Stephen McCranie

…so I must be a master-Adam Rose

Page 4: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Product Background (c. 2014)Product ALaunched 1978Avg Cost: $25,000Delivered: DongledShipped: AnnualCode: Fortran/C#Teams: United States/England/France/Australia/Manila

Product BLaunched 2016Avg Cost: $2,000Delivered: SaaSUpdated: BimonthlyCode: C++/.Net

Page 5: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

The Plan: January 2016 (0% complete)Connect the dots, grab the data, solve the things

Page 6: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect
Page 7: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect
Page 8: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect
Page 9: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect
Page 10: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect
Page 11: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect
Page 12: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

The Big Finish: June 2016 (75% complete)Getting to market with the right product 60% faster than company average

Page 13: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

June 2016

Page 14: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

The Problems: April 2016 (50% complete)failure to launch … or launch to failure

Page 15: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

MarketingGrowing interest

SalesPressing release

ProductSome persistently rough edges

TechnicalScaling issuesMemory leaksScareboarding

Page 16: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

The Failureswhat went wrong

Page 17: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Top Ten Listhow problems can seep through data and process

Number Category Description10 Sales Early commitments that were allowed to fester9 Operations 4 continents of workers on the project with hands off style8 Marketing Early messaging that was off center and didn’t pivot7 Product Worked on user documentation too early6 Management Difficult end-user concepts that the team never fully understood5 Management Demos created hardening issues that disappeared vs feature frenzy4 Product Some bad choices (OS vs proprietary, etc.)3 Cultural 15 days of no blockers != no blockers2 Management No engineering manager or QA directly working with main team1 Management Not enough quantitative feedback on an MVP

Page 18: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

The Solutionslessons learned

Page 19: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Two things left off this list, but worth doing better include:•Sales/Marketing Alignment…or which tail wags what dog

•Operations/Staffing…or which people are on what bus

•Also worth not doing include:

Page 20: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Suggestions for Next Time

•Keep the same level of internal data transparency•Add external data (qualitative or quantitative)•Release some version to alpha testers

data mgmt

businessproduct

•Bad news gets worse over time. x2 for performance•Find a consistent way to measure real progress•Don’t let bad dev apples spoil the group

•Set expectations downward and upward •Understand price point goals early•Make sure you hire and retain the appropriate people

•Consider tech choices holistically•Timebox your hard choices (spikes) •Avoid feature frenzy (hard)

Page 21: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Summary: Goals for Next TimeTrust but verifyHolistically evaluate business value of product over timeBe Parks & Rec, not DMV

Page 22: Fail Now or Fail Later…. - ProductCamp Dallas...Product B Launched 2016 Avg Cost: $2,000 Delivered: SaaS Updated: Bimonthly Code: C++/.Net The Plan: January 2016 (0% complete) Connect

Adam Rose, PE, GISP

/in/deroses

adamberose

[email protected]

The End