The Lightning Product Audit
The Lightning Product Audit is a 30min exercise for Product Managers/Leaders to identify the key risks all products face - & to help you take concrete steps to address those risks.
Why is it so important?
If your product lacks strong foundations, it will never succeed.
Most PMs focus on all the wrong stuff, such as how to prioritize their backlog of features.
What primarily matters? If we look at the data on the right, what are the two big things that determine product success?
Addressing the right problem (represented by "lack of market need")
Building a differentiated product solution i.e., something unique + valued (6/9 of the top reasons for product failure stem from lack of differentiation)
Your job as a product leader is managing risk. Whether for the product you currently manage, a product you might be interviewing for, or coming in as a consultant, you must immediately be able to assess these two key risks.
This template was created by Prod MBA.
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Market Segmentation Matrix Template
Works best for:
Marketing, Strategic Planning, Product Management
Successful, compelling marketing begins and ends with knowing your audience — who they are, where they are, and what they want and expect. A market segmentation matrix will help you understand them on a deeper level. This business tool divides your target market into subsets based on demographics, geography, needs, interests, psychographics, or behavioral characteristics. You can then use these insights and data to hit it out of the park, by building better product, sales, and marketing strategies. Our template lets you set up and populate a Market Segmentation Matrix with ease.
Feature Planning Template
Works best for:
Desk Research, Agile Methodology, Product Management
Features are what make a product or service fun, but adding new ones is no walk in the park. It takes many steps—ideating, designing, refining, building, testing, launching, and promoting—and just as many stakeholders. Feature Planning lets you put a smooth, sturdy process in place, so you can add a feature successfully, and spend less time and resources doing it. That makes our Feature Planning Template a smart starting point for anyone looking to add new product features, especially members of product, engineering, marketing, and sales teams.
Product Ops Canvas
Works best for:
Product Management, Planning
The Product Ops Canvas template helps product managers align product strategies with operational capabilities. By mapping out key operational processes, tools, and metrics, this template fosters alignment between product and operational teams. With sections for identifying bottlenecks and optimizing workflows, it supports continuous improvement in product operations. This template serves as a guide for driving efficiency and scalability in product management processes, enabling teams to deliver high-quality products at scale.
User Interview Template
Works best for:
Desk Research, Product Management
A user interview is a UX research technique in which researchers ask the user questions about a topic. They allow your team to quickly and easily collect user data and learn more about your users. In general, organizations conduct user interviews to gather background data, to understand how people use technology, to take a snapshot of how users interact with a product, to understand user objectives and motivations, and to find users’ pain points. Use this template to record notes during an interview to ensure you’re gathering the data you need to create personas.
Fishbone Diagram for Manufacturing
Works best for:
Fishbone diagram
In manufacturing, pinpointing the root causes of defects and inefficiencies is crucial. The Fishbone Diagram for Manufacturing template helps you systematically investigate issues related to production. Categorize potential causes into areas such as machinery, methods, materials, and manpower. This structured approach enables your team to collaboratively identify and address underlying problems, improving processes and enhancing manufacturing quality.
English Grammar Timeline Builder
The English Grammar Timeline template helps you map out the progression of grammar concepts over time. This is a great tool for educators and students to visualize the sequence and relationship between different grammar topics, making learning and teaching more effective.