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
Taking Recruitment into the Future with AI and Embracing the Metaverse (with Shaun Smith-Taylor, Co-Founder @ MyProductPath)
Beyond the Challenger Sale Part 2: Focus on Value & Make your Product Easy to Buy (with Brent Adamson, Author ”The Challenger Sale” & ”The Challenger Customer”)
Beyond the Challenger Sale Part 1: JOLTING Customers out of ”No Decision” (with Matt Dixon, Author ”The Challenger Sale” & ”The JOLT Effect”)
Survive the Feature Factory by Applying Product Thinking to Product Thinking (with John Cutler, Product Evangelist & Coach @ Amplitude)
Data-Informed Decision Making and the Three Cs of Product Management (with Roger Snyder, VP of Products & Services @ 280 Group)
The Role of Product Management on Truly Agile Development Teams (with Allen Holub, Software Architect, Consultant & Outspoken Twitter Agilist)
Banishing Cynicism and Empowering Yourself as a Product Leader (with Claire Vo, CPO @ Color & Impending TikTok Influencer)
From Product Leadership to CEO and Saving the World from Stupid Smart Stuff (with Yana Welinder, CEO & Co-Founder @ Kraftful)
Closing the Gender Pay Gap and Hiring Diverse Product Teams (with Chris Mason, Co-Founder @ Intelligent People)
Treating Your Career as a Product and Landing that Next Big Job (with Sarah Doody, founder @ Career Strategy Lab)
Measurably Improving Managers to Help People do Great Work... and be Totally Psyched Doing It (with Russ Laraway, author ”When They Win, You Win”)
Getting Customers to LOVE your Product with Great Product Marketing (with Martina Lauchengco, author ”Loved”)
Build Products Businesses Want with the Lean B2B Pyramid (with Étienne Garbugli, Author ”Lean B2B”, ”Find your Market” and ”Solving Product”)
Coming Out as Transgender at Work and How We Can All Be Better Allies (with Saielle DaSilva, Director of User Experience @ Cazoo)
Your Product is a Joke - How to use Improv Comedy Principles in Product Management (with Amogh Sarda, Co-founder @ Eesel)
Diving into the Deep End as a Woman in Product (with Darby Maloney, Product Manager @ Divvy & Occasional Swimming Pool User)
Mapping your Way to B2B Product Success (with Daniel Elizalde, author ”The B2B Innovator’s Map”)
Betting on the Value of Product Design at the Organisational Poker Table (with Andy Budd, Executive & Design Leadership Coach & Founder @ Clearleft)
Solving the Innovator’s Dilemma with Compassion Driven Innovation (with Nicole Reineke, VP Innovation @ Iron Mountain & Co-Author ”Compassion Driven Innovation”)
Moving Beyond Survival and Paying Off Your Vision Debt (with Radhika Dutt, author ”Radical Product Thinking”)
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