TEI 031: 4th Annual Study of Product Team Performance – with Greg Geracie

Global Product Management Talk is pleased to bring you episode 031 of...

The Everyday Innovator with host Chad McAllister, PhD.

The podcast is all about helping people involved in developing and managing products become more successful, grow their careers, and STANDOUT from their peers.

Our Guest: I am bringing back my guest from episode 17, which was about creating the ProdBOK – The Guide to the Product Management and Marketing Body of Knowledge and how Greg Geracie led that effort. I also shared on that episode that he is a co-author of the annual Study of Product Team Performance and the 2015 report is now available. Greg joined me to share the key findings from the study and help all of us better understand team performance and changes that could improve performance of product teams.

Highlights from the discussion include…

4 new factors were added in this year’s study that are associated with product team  performance.

• Strategic decision-making — product teams that develop their capacity for strategic decision-making and following strategic objectives are aligned with higher performance.
• Standup frequency – teams that regularly and frequently hold standup meetings are much more likely to be higher performing.
• Quick problem recovery – teams that are nimble and can adapt to unforeseen issues quickly are correlated with higher performance.
• UX collaboration – active and early participation and product development with user experience professionals leads to more successful product teams.