Greg Coticchia is the CEO of Sopheon, an innovation management platform aiming to help companies innovate at scale. Greg has been in product management since the 80s and seen it all, and also helped Carnegie Mellon University create the first degree programme in product management. He's passionate about all things innovation and believes that we all need to get comfortable with managing change. He also shared some insights from his many years in product management.
This episode is sponsored by One Knight Consulting. Yes, yes, that's me. As you probably know, I've moved into freelance coaching and consulting for B2B product companies. I want to help your company, your team and your... well, you, get better at product management. If you want to chat to me about what I can do for you, why not head over to book a call with me and we can discuss your needs and how I can help.
Greg worked with Carnegie Mellon University to create a degree in product management, but it's important to realise that any learning is the start of a journey... you need to get punched in the face by a real job a few times.
2. Having big early successes is a double-edged swordIt's common for PMs to learn from failure, but it's possible to go too far the other way and treat early success as The One Way to future success. You need to remain humble and never stop learning & adapting.
3. The hardest organisation to get to change is a successful organisation.It's easy to use Kodak or Blockbuster as cautionary tales but these were successful organisations making a boatload of money. They needed to embrace change, but it's not surprising that they didn't.
4. The best way for big companies to innovate is to make small companiesBig companies are inherently resistant to change. If they want to stay ahead, they need to create or acquire small companies without baggage and leave them to it rather than try to make them fit in.
5. Innovation is about more than just shiny new techIt's easy to get excited about new tech, but we should get equally excited about repositioning existing products or building new business models to serve novel segments. Everything should always be focused on the users!
Contact GregYou can catch up with Greg on LinkedIn.
You can try out Sopheon on sopheon.com
Getting to Product/Market Fit and Building Effective Product Teams (with Harpal Singh, Product Consultant & Interim CPO)
Transforming companies & instilling a product mindset (with Dave Martin, founder of Right To Left)
Avoiding the agency trap & ADHD in Product (with Janna Bastow, CEO ProdPad, co-founder Mind the Product)
Lifelong learning & the perils of time-based roadmaps (with Andrea Saez, Product Growth & Education @ ProdPad)
Managing Tension in Product Management (with Marc Abraham, author & Head of Product @ ASOS.com)
Product Processes & the Importance of Work / Life Balance (with Busayomi Omotosho, PM @ Softcom)
Growing a PM career & the importance of side hustles (with Victoria Tkatch, Senior PM @ Sonos)
Technical Product Management & the importance of mentorship (with Mark Yamashita, Technical PM @ Sensibill)
API Product Management & mountain climbing as a metaphor (with Elina Sokolovska, PM @ Flux)
AI Product Management & The Importance of Communication (with Mark Graham, Lead PM @ Sharktower)
Entrepreneurship & being a founder (with Matt Wilkinson, Founder @ Zenquiries)
The role of education in leadership (with Mac Maistrelli, Engineering Leader @ Blocket)
Building inclusive products for all (with Nidhi Wadmark, PM @ PayPal)
Making yourself heard in the workplace (with Priyanka Naik, Growth PM @ Advarisk)
Networking to start your Product career (with Anna Lieberman, aspiring PM)
Using your experience to teach the next generation (with Maanas Bukkuri, PM and educator)
Putting users back at the heart of UX (with Dr Nick Fine PhD, UX consultant)
Being an AI Product Manager (with Pouya Jamshidiat, author & Senior PO at Eagle Genomics)
Getting started in Product (with Becca Vibert, Product School speaker & PM @ Fiit)
Product leadership & how heroism doesn't scale (with Saeed Khan, product consultant @ Transformation Labs)
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