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	<title>Management Excellence &#187; best practices in product management</title>
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	<description>Art Petty on Leadership, Management and Professional Development</description>
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	<copyright>copyright by Art Petty, 2011 </copyright>
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	<itunes:subtitle>Leadership Caffeine Podcast</itunes:subtitle>
	<itunes:summary>Host Art Petty interviews leaders, leadership authors, management thinkers and other professionals about creating high performance teams and organizations and developing effective leaders at all levels, during this weekly program. The goal is to share practical, powerful ideas to help listeners improve their performance and the performance of their teams and organizations.</itunes:summary>
	<itunes:keywords>Caffene, Ldrshp, Profesional, Dev, Ledership, Ldrshp, Caffeine, Proff&#039;l, Dev</itunes:keywords>
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	<itunes:author>Art Petty</itunes:author>
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		<itunes:name>Art Petty</itunes:name>
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		<title>Management Excellence Audio Interview: The CEO Perspective on Product Management</title>
		<link>http://artpetty.com/2009/08/26/management-excellence-audio-interview-the-ceo-perspective-on-product-management/</link>
		<comments>http://artpetty.com/2009/08/26/management-excellence-audio-interview-the-ceo-perspective-on-product-management/#comments</comments>
		<pubDate>Wed, 26 Aug 2009 15:51:27 +0000</pubDate>
		<dc:creator>Art Petty</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Marketing Yourself]]></category>
		<category><![CDATA[Product Management]]></category>
		<category><![CDATA[Surviving Lousy Leaders]]></category>
		<category><![CDATA[audio interview]]></category>
		<category><![CDATA[best practices in leadership]]></category>
		<category><![CDATA[best practices in product management]]></category>
		<category><![CDATA[CEO perspectives]]></category>

		<guid isPermaLink="false">http://artpetty.com/?p=2388</guid>
		<description><![CDATA[Notes from Art: I recently mentioned that I would be kicking off the Management Excellence Audio Interview Series, and I’m thrilled to be doing it today with Mike Mulcahy, a technology industry executive that has served as a CEO, a Founder of his own start-up and a Business Unit Leader inside one of the world’s [...]<div class="addthis_toolbox addthis_default_style " addthis:url='http://artpetty.com/2009/08/26/management-excellence-audio-interview-the-ceo-perspective-on-product-management/' addthis:title='Management Excellence Audio Interview: The CEO Perspective on Product Management ' ><a href="//addthis.com/bookmark.php?v=250&#38;username=xa-4d2b47597ad291fb" class="addthis_button_compact">Share</a><span class="addthis_separator">&#124;</span><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a></div>]]></description>
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			<enclosure url="http://artpetty.com/podpress_trac/feed/2388/0/mikemulcahy.mp3" length="3115102" type="audio/mpeg" />
		<itunes:duration>0:17:18</itunes:duration>
		<itunes:subtitle>
Notes from Art: I recently mentioned that I would be kicking off the Management Excellence Audio Interview Series, and I’m thrilled to be doing it today with Mike Mulcahy, a technology industry executive that has served as a CEO, a Founder of his o[...]</itunes:subtitle>
		<itunes:summary>
Notes from Art: I recently mentioned that I would be kicking off the Management Excellence Audio Interview Series, and I’m thrilled to be doing it today with Mike Mulcahy, a technology industry executive that has served as a CEO, a Founder of his own start-up and a Business Unit Leader inside one of the world’s largest organizations.  Oh, and Mike just happens to be one of the best sales professionals that I’ve had the privilege of knowing.
Mike is also one of those all-too-rare top executives that consistently champions the cause of product management inside his organizations. I know this first-hand, because it was Mike that provided me with an early opportunity to build a product management organization from the ground up. 
We recently reconnected and Mike highlighted his on-going challenges in supporting the development of great product management and great product managers on his teams.  I invited him to share his thoughts and perspectives with the community in this inaugural interview program, and he graciously agreed. 
A few last comments and then on to the interview.


The audio recording tools that I used are new to me and there are some sound quality issues. Bear with me as I improve those in future interviews.  Fortunately, the issues in this one are that Mike is very audible, and I&#8217;m a bit quieter.  At least we got that part right!


I took the opportunity to poll the very active pm community out on twitter (#prodmgmt) and asked what they wanted to hear from the CEO. I received some phenomenal questions and based on the volume was only able to tackle a few here during the interview. I’ve included the full listing of the questions below…and encourage all interested parties to share their thoughts on these important issues. They are great content for future posts and interviews as well.


Last and not least, Mike has graciously volunteered to field specific questions about the audio interview here on the blog via the comments. Ask away.

With no further adieu, here’s Mike Mulcahy for 17 minutes offering his very experienced perspectives on product management.


&#8211;
Summary List of Questions from Product Managers for &#8220;the CEO&#8221; Via Twitter (#prodmgmt)
Note: some great content for comments, questions and follow-on posts.  Thanks!



What is the most compelling problem the CEO faces that he believe a pm can help solve?
How does the ceo believe he best connects with the pm team?
Does the CEO see prod mgmt becoming commoditized?
What metrics does he use to determine if PM is performing well?
Does he trust PM to stop development on a dead product?
His view on relationships between pm and company/depts.
What are the driving metrics he seeks from product mgmt?
How does he encourage continuous learning from product management?
What is product management&#8217;ss role w. development if the company is using agile?
Do you view product management as product focused or more product marketing?
Is product management really the Voice of the Customer?
Does product management have a seat at the leadership table?
I am interested to know how he feels about compensation based on product revenue.
What innovation initiatives/practices do they have in place?  What is the role of PM in them?
How important is domain vs functional pm expertise?
How has he positioned the PM function in his org?  i.e. VP level, stand-alone or within marketing or development?
Does PM own the product /line of business at a P&#38; L level?



Share&#124;</itunes:summary>
		<itunes:keywords>Career, Leadership</itunes:keywords>
		<itunes:author>Art Petty</itunes:author>
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		<title>Develop Culture Sensing Skills and Take the Blinders Off Of Your Career</title>
		<link>http://artpetty.com/2009/04/03/develop-culture-sensing-skills-and-take-the-blinders-off-of-your-career/</link>
		<comments>http://artpetty.com/2009/04/03/develop-culture-sensing-skills-and-take-the-blinders-off-of-your-career/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 11:18:15 +0000</pubDate>
		<dc:creator>Art Petty</dc:creator>
				<category><![CDATA["To Do" List]]></category>
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		<category><![CDATA[Professional Growth]]></category>
		<category><![CDATA[Project Management]]></category>
		<category><![CDATA[Advance Your Career]]></category>
		<category><![CDATA[best practices in product management]]></category>
		<category><![CDATA[best practices in project management]]></category>
		<category><![CDATA[Best Practices in Sales]]></category>
		<category><![CDATA[Critical Career Skills]]></category>
		<category><![CDATA[culture]]></category>
		<category><![CDATA[Culture Sensing]]></category>
		<category><![CDATA[Develop Your Career]]></category>
		<category><![CDATA[How to Read a Culture]]></category>
		<category><![CDATA[Lateral Leadership]]></category>
		<category><![CDATA[product manager]]></category>
		<category><![CDATA[project manager]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[Sales Professional]]></category>

		<guid isPermaLink="false">http://artpetty.com/?p=1423</guid>
		<description><![CDATA[One of my greatest career misfires was accepting a role in a firm where I had failed to properly assess the culture.  I was blinded by the allure of this successful and global firm and by the sharp people that I met during the interview process.

I can think of few skills more important for professionals, product and project managers and other lateral leaders to develop than culture sensing. All of the functional or vocational expertise in the world is for naught if the individual fails to take into account and leverage cultural idiosyncrasies to achieve results and drive performance improvements.
<div class="addthis_toolbox addthis_default_style " addthis:url='http://artpetty.com/2009/04/03/develop-culture-sensing-skills-and-take-the-blinders-off-of-your-career/' addthis:title='Develop Culture Sensing Skills and Take the Blinders Off Of Your Career ' ><a href="//addthis.com/bookmark.php?v=250&#38;username=xa-4d2b47597ad291fb" class="addthis_button_compact">Share</a><span class="addthis_separator">&#124;</span><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a></div>]]></description>
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		<slash:comments>4</slash:comments>
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		<title>The Challenge and Opportunity of the Product Manager</title>
		<link>http://artpetty.com/2009/02/17/the-challenge-and-opportunity-of-the-product-manager/</link>
		<comments>http://artpetty.com/2009/02/17/the-challenge-and-opportunity-of-the-product-manager/#comments</comments>
		<pubDate>Tue, 17 Feb 2009 16:23:42 +0000</pubDate>
		<dc:creator>Art Petty</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Management Innovation]]></category>
		<category><![CDATA[Product Management]]></category>
		<category><![CDATA[Professional Growth]]></category>
		<category><![CDATA[best practices in product management]]></category>
		<category><![CDATA[blogs on product management]]></category>
		<category><![CDATA[creating value]]></category>
		<category><![CDATA[Creating Value through Product Management]]></category>
		<category><![CDATA[developing as a leader]]></category>
		<category><![CDATA[developing senior leadership skills as a product manager]]></category>
		<category><![CDATA[executive development]]></category>
		<category><![CDATA[executive thoughts on product management]]></category>
		<category><![CDATA[improving organizational performance]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Voice of Customer]]></category>

		<guid isPermaLink="false">http://artpetty.com/?p=1188</guid>
		<description><![CDATA[Product Managers face significant organizational challenges in their quest to expand their roles and increase their value-creating contributions to their firms.  

Through a recent and on-going series of interviews with senior executives as well as product managers across a variety of technology and manufacturing organizations, it is becoming clear that more and more organizations recognize the potential for product management to create tremendous value.  It is also clear that enlightened executives increasingly recognize that the professionals that wok in product management roles are a ready-made source of high potential contributors and emerging leaders.  

Senior executives are looking for their emerging senior contributors in product management to bring more advanced skills to the party, in the areas of: Leadership, Strategic Thinking, Executive Presence and Process Optimization.<div class="addthis_toolbox addthis_default_style " addthis:url='http://artpetty.com/2009/02/17/the-challenge-and-opportunity-of-the-product-manager/' addthis:title='The Challenge and Opportunity of the Product Manager ' ><a href="//addthis.com/bookmark.php?v=250&#38;username=xa-4d2b47597ad291fb" class="addthis_button_compact">Share</a><span class="addthis_separator">&#124;</span><a class="addthis_button_preferred_1"></a><a class="addthis_button_preferred_2"></a><a class="addthis_button_preferred_3"></a><a class="addthis_button_preferred_4"></a></div>]]></description>
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		<slash:comments>2</slash:comments>
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