Tag: Experimentation

How to Achieve Sustainable Growth in a High-Inflation Environment

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As high-interest rates and inflation dominate headlines, angel investors and private equity firms alike are on the lookout for lucrative returns. In this increasingly challenging financial landscape, businesses must prioritise profitability and sustainability to thrive. One key to unlocking this potential is embracing the transformative power of AI, smart agents, and low/no code development, which allows for a 10x productivity revolution.

Here are four crucial strategies for businesses to succeed in today’s high-inflation environment:

1. Solidify business plans: With investors scrutinising every detail, businesses must present robust, well-researched plans demonstrating a clear path to profitability, not just growth. Incorporate the latest advancements in AI and smart agents to optimise operations and drive efficiency.

2. Update & develop relevant product roadmaps: As AI and smart agents become ubiquitous in the next five years, businesses must ensure their product roadmaps align with this reality. Focus on creating innovative solutions that leverage AI and smart agent technologies to meet customer needs and stay ahead of the competition. Its highly likey your mid-term roadmap needs to change if it has not already.

3. Embrace the 10x productivity revolution: AI and smart agents have the potential to unlock a 10x increase in productivity. By adopting these technologies, businesses can optimise processes, enhance customer experiences, and maximise value creation amid inflationary pressures.

4. Prioritise profitable and sustainable growth: It’s essential to focus on business fundamentals. By ensuring sustainable growth and profitability, businesses can better navigate economic challenges and attract the interest of investors seeking dependable returns.

Businesses must adapt to the rapidly changing economic landscape by focusing on solid business plans and relevant product roadmaps and embracing the 10x productivity revolution driven by AI, smart agents and low/no-code development.

#AI #SmartAgents #Inflation #BusinessGrowth #Sustainability #10xProductivity #Profitability #Innovation #AngelInvestors #PrivateEquity

Embracing Experimentation, Validated Learning, and “Pirate metrics” to drive 10x Productivity

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As a product manager and Chief Product Officer, I’ve learned that the key to productivity is not more resources, but rather a smaller, more talented team with specialist knowledge in software development frameworks. Embracing experimentation, validated learning, and “Pirate metrics” can also lead to greater productivity.

To become a 10x productivity hero, it’s important to understand what makes teams productive at different stages of the product and business lifecycle and to minimise waste by recognizing the benefits of smaller teams. Follow the “2 pizza box rule” on team size as a good rule of thumb.

Coordination and communication become crucial in larger teams, especially when not co-located. And remember that becoming a 10x programmer is not about doing an order of magnitude more work, but by making better decisions an order of magnitude more often.

Join the 10x productivity revolution by following my blog for more insights on increasing productivity and becoming a productivity hero in your organisation. My book will be out in early march.

#ProductivityRevolution #10xhero #specialistknowledge #validatedlearning #coordination #communication #2pizzaboxrule #productivitytips #dalle