Category: Decision Science
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Accuracy vs. Precision: what’s the difference?
Accuracy and precision may seem like the same thing, but understanding the distinction between them will let you level up your product management skills. Would you prefer your work to be accurate or precise? This sounds like a trick question, right? Aren’t they the same thing? Well, not exactly. Both are important to your product management practice.…
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Great product managers leverage cognitive bias
All humans are susceptible to cognitive biases. As a product manager, your job involves turning those weaknesses into strengths for the team. roduct managers (PdM) don’t make anything. Well, at least they don’t in the traditional sense. When it comes to product development, the product manager, unless under duress due to a lack of resources, bad…
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Identifying and addressing common biases in product management
Product management is “thinky” work. As a product person, you need to bring about organizational alignment through product strategy while also keeping things running smoothly with product operations. I don’t need to tell you this is a delicate balance. And without time to sit and think, you’ll end up making rash decisions based on your…
