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RICE - Product Management Framework

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RICE—which stands for Reach, Impact, Confidence and Effort—is a prioritization framework for quantifying the potential value of features, project ideas and initiatives. A RICE score helps product managers quantify the estimated value of a feature or project idea so they’re easier to sort when it’s time to decide the order they should be worked on. RICE Score = (Reach * Impact * Confidence) / Effort Source: Roadmunk , Medium 

The Startup Curve

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The reality is, life at a startup isn’t easy. There is a ton of uncertainty, unexpected challenges coming up every now and then. Trough of Sorrow refers to the period of struggle a startup faces after a setback. The fact is, depression, anxiety and extreme levels of stress run rampant in the startup community. And often entrepreneurs feel alone in their responsibility to make their product succeed. We need more people to step forward and support small businesses and early stage startups...🙏 Source: Google, Medium

Product Development Cycles

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In product development cycle, whether for a new or revamped product, Identifying, Acknowledging, and Understanding which phase a product is in is just as critical as knowing what each stage requires. The product management strategies are very vital to ensure even very simple to complex products make it to market consistently and improved regularly. Image Source: Mohamed Essam(PM Xische)

Customer-Centric Mindset

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Being Customer Centric is purely a "State of Mind", nobody can ever teach it. It must come from within. Understanding customer pain-points and striving to resolve them is not just a mere piece of art, rather an in-built part of our own personality. The more we practice it, the better it gets.

1 BARREL

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                                                       Image Source: news18.graphics The importance of 1 BARREL of Crude Oil is much more than just gasoline, diesel and jet fuel used in passenger and commercial vehicles. Slight changes in one fuel type can result in price changes in others that ultimately increase their operating costs. Regional price dynamics create significant commodity price variance by geography relative to baseline heating oil. The key differentiator in selling price is taxation, as road diesel is subject to fuel taxes by central and state further down the product supply chain.  FYI, 1 BARREL = 158.98 Litres Contact  Email - revibe360.dm@gmail.com Instagram - @revibe360  

Growth Metric - Overlooked and underperformed

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Image source : Product School Growth is a very diversified term. It is one of the biggest and must key metric in Product Management. Real growth is customer focused which aims to solve the pain points the product is capable of and can be measured by trying to get more users to experience the core values of the product as often as possible. It is a multi-disciplinary and data-driven approach of scaling products. Important growth metrics include Activation rate, Retention rate, Churn rate, Cost per aquisition, Customer lifetime value and Net promoter score etc. Are there more key metrics which are often overlooked and need immediate attention?  Contact  Email - revibe360.dm@gmail.com Instagram - @revibe360