Sustaining Innovation Disruptive Innovation Company Walmart Amazon Age 59 27 Market Cap (2021-09-01) 0.41T USD 1.76T USD Number of Stores 11,443 589 (including Whole Foods) Worldwide Revenue 2020 $559B $386B Net Profit 2020 $14.88B $21.33B Search term popularity between Walmart and Amazon from 2004 to
It's essential to think like if you are the owner of the company. If you were the company owner, there is one single critical metric: profitability. It gives you the focus on revenue and costs. From that perspective, you can evaluate if adding an extra team member in your organization
Many companies realize the need for product managers, but they don't know how to start or if a product team fits into their existing businesses. Instead, they can hire product consulting firms to provide them the talents and developers to create and maintain their digital products. McKinsey, Accenture, Deloitte, and
In my company, I have a lot of scoping work and product changes from many different stakeholders. Sometimes, the changes come from our users, the management, and developers. Therefore, keeping track of everything and making everyone accountable for what was discussed is not a simple matter of taking meeting notes.
It's not easy to become a startup product manager. Most startups don't have the proper resources to have entire teams to deal with every single problem. So instead, a startup PM ends up wearing multiple hats, exercising many different roles, and applying various skills, creating and launching a product. If
I'm pretty sure a lot of Product Managers know the feeling when people in your company ask you to add new features into the app or software you are managing. As a PM, you know your users or clients want features as soon as possible. They naively imagine that it
Starting from the app that requires the most to the lowest at the bottom: Facebook Messenger WeChat (it has something extra called "identifier") Whatsapp (part of the Facebook family of apps) FaceTime (from Apple and it's part of iMessage) Telegram Signal (the only app that does NOT capture data linked
I wish I knew about these leadership lessons when I was younger, it would helped me to develop the really useful skills to deal with people and hard situations. Though, late is better than never. In order of priority, I believe the top leadership characteristics are (not necessary in order
Background information: Accel Partners is a private equity and venture capital firm. It invests in many industries such as Computing, Consumer Internet, and Energy (here are some other industries). Incredibly, Accel has invested in about 200 companies. It is based in Palo Alto, California and it also has offices in
Check out how Bed Bath and Beyond tackles digital customer experience.