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Petra Wille

Episode #239

Independent Product Leadership Coach & Author

Strong Product People

🚀Career & Leadership🎯Product Strategy

📝Full Transcript

13,937 words
Petra Wille (00:00:00): Getting promoted is way harder if you're not good in telling stories and rallying the team behind the shared goal and all these kind of things, and you usually achieve this through good storytelling techniques. And in some teams, I've seen the product person not being really, really good at it, but then the whole team helped creating these stories and stuff like this. So you definitely could compensate to some extent, but I would consider it a bit of a career staller if you don't get to a decent level of storytelling and to a decent level of public speaking. Lenny (00:00:35): Welcome to Lenny's Podcast. I'm Lenny, and my aim here is to help you get better at the craft of building and growing products. Today, my guest is Petra Wille. Petra is an independent product leadership coach and author of Strong Product People. And for the past 10 years, she's been helping product teams boost their skill sets and up their game. Alongside her freelance work, Petra organizes events in Hamburg, Germany, where she's based, and does a ton of one-on-one coaching, and speaking, and writing. Lenny (00:01:03): In our conversation, we focus on three things. One, how to become the best coach for PMs, which is really important if you're a new PM manager, and even if you're not a new manager. Two, how to become a better storyteller and why that's important for leaders at every stage of their career. And three, why finding a PM community is so valuable and how to go about finding one. Petra is awesome, and it was such a fun chat. And so with that, I bring you Petra Wille. Lenny (00:01:32): Hey, Ashley, Head of Marketing at Flatfile. How many B2B SaaS companies would you estimate need to import CSV files from their customers? Ashley (00:01:40): At least 40%. Lenny (00:01:42): And how many of them screw that up, and what happens when they do? Ashley (00:01:44): Well, based on our data, about a third of people will consider switching to another company after just ...

💡 Key Takeaways

  • 1Product leaders often lack a structured approach to coaching; consistency beats intensity in people development.
  • 2Defining what 'good' looks like is the first step to coaching; use a competency wheel tailored to your org.
  • 3Storytelling is a career accelerator; PMs should prepare 75-second, 6-minute, and 18-minute versions of their vision.
  • 4Internal Communities of Practice reduce the training burden on managers and increase retention.
  • 5Focus on the 'next bigger challenge' rather than just fixing weaknesses when developing PMs.

📚Methodologies (3)

🚀 Career & Leadership

A comprehensive cycle for managing and developing product talent, moving from definition to execution and follow-up. It shifts the focus from sporadic performance reviews to continuous, actionable growth.

Core Principles

  • 1.Define 'Good': Establish a clear competency model (like the PM Wheel) specific to your context.
  • 2.Assess & Envision: Determine where the PM is now and identify their 'next bigger challenge' to stretch their skills.
  • 3.Co-create the Plan: The PM owns the development plan, but the leader provides the vision and alignment.
  • +1 more...

"Consistency beats intensity."

#ingredients#product#coaching
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🚀 Career & Leadership

A visual assessment tool that breaks down the PM role into 8 specific buckets, ranging from understanding problems to agile execution and personal growth. It serves as a diagnostic tool for coaching conversations.

Core Principles

  • 1.Understand the Problem & Find Solutions: Core product discovery skills.
  • 2.Plan & Get it Done: Strategy, roadmapping, and execution capabilities.
  • 3.Listen & Learn: Data literacy, user research, and iteration based on feedback.
  • +1 more...

"T-shaped is so not enough for a product person... use the metaphor of the eight-legged creature."

#wheel#competency#career
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🎯 Product Strategy

A preparation strategy ensuring the PM has their vision ready in three distinct durations/formats for different stakeholders and contexts, utilizing emotional hooks rather than just business lingo.

Core Principles

  • 1.The 75-Second Pitch: An elevator pitch version for quick alignment.
  • 2.The 6-Minute Version: A concise overview suitable for planning meetings.
  • 3.The 18-Minute 'TED Talk': A full narrative for all-hands meetings, focusing on the 'Hero's Journey' (User or Team as hero).
  • +1 more...

"It is a career staller if you don't get to a decent level of storytelling."

#3-tier#storytelling#strategy
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