Product Innovation Series with Aram Melkoumov

Aram Melkoumov

Product Innovation Series is an in-depth interview series featuring product & innovation leaders from small startups all the way to Fortune 500 behemoths. Our guests share their battle-tested perspective on what prevents teams from shipping a great product. The show is hosted by Aram Melkoumov, the CEO of Crowdlinker.

  1. How to Run Successful Enterprise Discovery from Concept to Validation - BW Ventures, Maarten van Kroonenburg

    08/10/2023

    How to Run Successful Enterprise Discovery from Concept to Validation - BW Ventures, Maarten van Kroonenburg

    In this episode of the Product Innovation Show, Maarten van Kroonenburg, founder @ BW Ventures, and Aram Melkoumov dive deep into the realm of enterprise ideation. They explore the ins and outs of validating a business idea, with Maarten unveiling his unique, tried-and-tested processes for determining product viability, customer validation, and effective stakeholder management. The duo emphasizes the significance of securing initial customer commitments and also sheds light on the critical considerations for corporates eyeing acquisitions. Engage in a conversation rich with strategies, insights, and invaluable advice that has the potential to transform your perspective on product development and validation. About the GuestMaarten began his entrepreneurial adventure at 19 in the music scene. After dodging some iffy record deals, he thought, "I can do better!" and launched his first venture. He quickly noticed that the way entrepreneurship was taught was flawed. So, six years ago, Maarten founded BW Ventures. Since then, he's guided over 200 startups, helping them find solid business models. Yet, even with a plan, many still struggle to secure their first investment. SHOW NOTES: [1:59] Corporate Innovation vs Startups: Maarten discusses the distinct ways startups and corporations approach innovation.[6:09] Decision-making in Innovation: Companies face dilemmas in building new solutions, buying them, or establishing partnerships.[11:46] Risk in Innovation: Innovation involves inherent risks, and it's crucial to make calculated decisions.[17:49] Digital Tools in Business: Emphasis on the role and significance of digital transformation for growth.[25:05] Pilot Programs: The value of testing new ideas via pilot programs to validate feasibility is highlighted.[35:59] Importance of Adaptability: The conversation underscores the need for flexibility and adjustments in innovation processes.[43:41] Stakeholder Dynamics: Addressing stakeholder concerns and managing their expectations is vital in innovation.[57:56] When to Pivot or Kill a Project: Maarten elaborates on making choices about pivoting projects or discontinuing them.[59:28] Meeting Stakeholder Expectations: Stakeholders often prioritize visible progress over finalized contracts.[61:41] Acquisition Strategy: Companies need clarity on their strategy when considering acquisitions. Quotes from Maarten:"Showing progress and showing what works and doesn't work is more valuable than just getting that perfect business case out." "People are most of the times too scared to build a super big business case because they think decision makers are going to ask for that. But what's more important is showing progress and understanding what you're doing." Books We Mentioned:1. Pep Guardiola: Another Way of Winning: The Biography2. Mindgames: Phil Jackson's Long Strange Journey3. The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses Follow Maarten van Kroonenburghttps://www.linkedin.com/in/maartenvankroonenburg/

    1h 4m
  2. Exploring the Impact of ChatGPT on Product Innovation - Jorge Sierra, Resilia

    05/15/2023

    Exploring the Impact of ChatGPT on Product Innovation - Jorge Sierra, Resilia

    In this episode, our host Aram Melkoumov is speaking with with Jorge, a product leader at Resilia, about the growing influence of AI, particularly GPT-4, in the tech industry. They dive into the ways AI can change our everyday experiences and discuss the potential for AI to replace certain roles. Key Takeaways: The Power of GPT-4: Jorge reflects on the advancements in AI with introduction of GPT-4. He shares his experiences about the potential uses of and capabilities of this tech in writing human-like text. Medici Effect: Jorge emphasizes the power of interdisciplinary knowledge and how viewing use cases from different perspectives can lead to innovative ideas. Real-World AI Integration: Aram and Jorge explore the application of AI in real-world scenarios, particularly through the use of browser extensions and APIs. They discuss how these integrations can help create more relevant and updated information, improving efficiency. AI in Content Creation: Jorge shares his experience with using AI in content creation, particularly in real estate. He also mentions Synthesia, an AI avatar company, as a potential tool for those who may not feel comfortable being on camera. SHOW NOTES 1:06 - Introduction2:15 - Initial Reaction to ChatGPT4:09 - Prompt Engineering6:57 - Learning and Challenges8:19 - Leveraging ChatGPT Plugins13:16 - Investment in AI14:16 - Learning and Content Consumption16:28 - Doomsday Scenario or Paradise18:14 - Finding Irreplaceable Roles About Jorge Sierra Jorge, with over nine years of experience, has honed his skills as a Product Manager, Startup Advisor, and Consultant across the technology industry, from startups to large corporations, and as a founder of his own businesses. His entrepreneurial achievements include the successful establishment and management of two startups and a software factory firm, all aimed at introducing disruptive technologies to Latin American and Hispanic markets. Across multiple sectors, including e-commerce, fintech, and artificial intelligence, Jorge has consistently adhered to user-centric design and agile methodologies to develop intuitive, effective products. Connect with Jorge:https://www.linkedin.com/in/jorge-sierra-guerra/ Connect with Aram:https://www.crowdlinker.com/

    21 min
  3. Impact of ChatGPT on Product & Customer Success - Laura & Danielle from Cascade

    05/01/2023

    Impact of ChatGPT on Product & Customer Success - Laura & Danielle from Cascade

    In this episode of Product Sessions, we discuss how chatGPT can be applied to Customer Success and Product Strategy. Our guests, Laura Blackmore from Cascade and Danielle Latimore, Senior Customer Success manager, share their insights on using AI to increase efficiency, tailor customer experiences, and navigate the ethical challenges. Show Notes: 0:00 - Introduction2:37 - Laura shares her experience with ChatGPT and its versatility within Cascade4:32 - Benefits of learning from other organizations and tailoring the ChatGPT prompts to suit your brand's voice and customer needs6:15 - Laura talks about the two big bets she would make in the era of AI11:19 - AI's potential in the market and the need for responsible use of data 13:28 - Future of AI About DanielleDanielle supports Cascade's customers as a success manager and heads up a variety of customer programs. She is focused on enterprise support, streamlining internal and external processes to scale that support effectively.Relatively new to the tech space, Danielle's background is in consumer goods sales and operations (particularly in new categories / budding markets). She has also studied math and analytics and loves using data to tackle complex problems. Outside of the virtual office, you can find Danielle taking advantage of working remotely through traveling, hiking, and camping all over the United States. About LauraLaura is currently leading Cascade’s strategic initiatives, with a focus on products. She is also supporting our amazing customers across Europe, by onboarding them onto the Cascade platform, and building a community of like-minded strategists. Laura has over 10 years experience scaling startups, and working closely with customers in the manufacturing, retail, pharmaceutical space to name a few! Laura is passionate about delivering incredible customer experiences and working with products.

    15 min
  4. Product Direction And Keeping Things Simple - Marlon Hope, Netacea

    01/10/2023

    Product Direction And Keeping Things Simple - Marlon Hope, Netacea

    About Marlon HopeMarlon Hope is the Head of Product at Netacea. He is PRINCE 2 and Agile qualified, with years spent in banking, operations management, procurement, and logistics. The golden thread in his career is strong project management skills and consistent, high-quality delivery. SHOW NOTES:0:11 | Episode intro and what’s in for you0:57 | How a computer game made Marlon a better product owner5:07 | Good product building involves processes and patterns7:38 | Marlon’s first principles of a good product design10:01 | Marlon’s framework of stripping the root cause of a problem14:00 | How project management and delivery helped Marlon become a product manager18:43 | Common myths that prevent people from becoming a success in product delivery 22:50 | How being non-technical has helped Marlon in his product journey27:17 | A bit about Netacea, how it works, and its difference from the competitors29:40 | Other product lessons and key principles in terms of how Marlon operates32:00 | How much your product’s data can give13:15 | Wrap-up  QUOTES:“Being a product developer, you don’t always have a perfect environment to be able to achieve excellence. There’s always some form of compromise that you have to make.” [5:40] “Effective solving of problems that seem impossible requires quick experimentation. Don’t be hung up on getting the right answer, but plot a path of trial, failing, start again, but do it quickly and take opportunities to validate what we do.” [13:14] “Being non-technical forces us to speak a common language that a four-year-old can understand.” [26:25] “When you follow data, it’s very hard to make wrong decisions.” [31:37] Connect with MarlonCompany’s Website: https://netacea.com/LinkedIn: https://www.linkedin.com/in/marlonhope/

    34 min
  5. How To Build A Successful Tech Product - Jeroen Van Hautte, TechWolf

    12/27/2022

    How To Build A Successful Tech Product - Jeroen Van Hautte, TechWolf

    About Jeroen Van Hautte Jeroen Van Hautte is the co-founder and CTO/CPO of TechWolf, a startup with a laser focus on AI-based strategic workforce planning. Jeroen graduated from the University of Cambridge with a specialised natural language processing degree, Jeroen built the groundwork for TechWolf's Skill Engine technology and now heads the development within the company. SHOW NOTES: 0:00 | Jeroen's journey building a product at TechWolf  4:02 | What the first technology Jeroen created was missing 5:22 | How Jeroen acquired his first clients after launching TechWolf solution  6:48 | When Jeroen realized that he needed to focus more on customer journey   08:27 | Jeroen’s tech solution early adopters and how they identify the gaps  11:09 | Strategies to determine the ROI or interest in your tech investment  12:38 | How to identify what to prioritize when developing new features 14:20 | Jeroen’s biggest milestones in the customers’ journey   17:31 | How Jeroen’s team works on the product and engineering side  19:07 | Defining the KPIs for your product and engineering teams  21:18 | What a North Star metric for clients’ success looks like for Jeroen 22:56 | How Jeroen role has evolved over the last couple of years 24:44 | Spending time with customers through workshops and discovery exercise  26:16 | If Jeroen had only five hours a week, how would he spend the time? Find out? 28:00 | What Jeroen would do if he were to start his company all over again 29:31 | Jeroen final message as a cofounder, CTO and CPO QUOTES: “Launching a tech solution can be challenging, but the trick is to be out there in the market because when you get the feedback, you can iterate.” [5:24]   “As you gain more customers, it’s important not to forget the value you provide to your early customers. Make sure they are coming along for the ride so that you can focus on serving the bigger population.” [10:10]   “As engineers, we’re often focused on solving technical problems, but we’ve to remember that we’re building a solution to change the world. A customer-centric attitude is very important. Focus on user experience rather than features.” [15:26] “To solve a problem, you’ve got to be obsessed with it and surround yourself with people who can also find the same passion for the problem.” [29:35] Follow Jeroen Van Hautte Personal Website: https://www.vanhautte.be/ Company’s Website: https://techwolf.ai/ LinkedIn: https://be.linkedin.com/in/jeroenvanhautte

    31 min
  6. Ask a Designer: principles of good product design - Monika Ocieczek, Primer

    12/20/2022

    Ask a Designer: principles of good product design - Monika Ocieczek, Primer

    About Monika Ocieczek Monika Ocieczek is the head of product design at Primer. Monika has also served as a CPO and co-founder at Gimi AB, a youth-first neo-bank, and as a product manager and team lead at Tink.  Monika is widely recognized for her work in Fin-tech and has been named one of the "Top 250 most promising Fin-techs in the world 2018" by CBInsights and one of the "The hottest startups in Stockholm" 2019 by Wired. Monika has a Master of Science in Marketing and Management from the Stockholm School of Economics and a Bachelor's degree in Economics from the same school. SHOW NOTES: 0:11 | Episode intro and what’s in for you today 1:21 | Why product designers might do things that aren’t in the best interests of customers 3:43 | Evolution of product design approaches over time 5:54 | How Monika’s background in marketing and product blends into product design 8:47 | The role of product marketing in product design 11:28 | How do you become a genius in serving customer’s interest  13:44 | Monika’s thoughts on the best practices in a startup environment 20:16 | Characteristics and qualities of a successful product designer 23:34 | The source of intuition among many product designers  27:17 | Changing thinking patterns from time-tested principles around product design 32:08 | Who should be blamed for unsuccessful product 33:54 | If Monika was to make a 30-second social media video, what would she say, and how would it look like 35:18 | Monika’s most exciting part of her job and why 36:54 | Wrap-up QUOTES: “In product design, the primary focus should be on the users because that always leads to great products, and that great product leads to more business value.” [2:02]   “There are two schools of thought that are very popular within product design. These are Google’s Design Print and IDEO Design Thinking. What is lacking in the market is a school of thought on product design that focuses on fast-growing and high-performing startups.” [4:15]   “Marketing in the digital space is more interactive than in the traditional way.” [06:26] “No matter which product methodology or framework you use in design, it may not be the best, or most successful.” [31:49]  Follow Monika Ocieczek Company’s Website: https://primer.io/ LinkedIn: https://www.linkedin.com/in/monika-ocieczek/

    38 min

About

Product Innovation Series is an in-depth interview series featuring product & innovation leaders from small startups all the way to Fortune 500 behemoths. Our guests share their battle-tested perspective on what prevents teams from shipping a great product. The show is hosted by Aram Melkoumov, the CEO of Crowdlinker.