Sunday 1-1-2-3 with George

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🎾 Figma's Self Serve Forecast Model, How To Make Difficult Decisions, Have Fewer Meetings, and Break Annual Goals into Quarterly OKRs

nurijanian.substack.com

🎾 Figma's Self Serve Forecast Model, How To Make Difficult Decisions, Have Fewer Meetings, and Break Annual Goals into Quarterly OKRs

+ ChatGPT Prompts for PMs

Jan 21
3
Share this post

🎾 Figma's Self Serve Forecast Model, How To Make Difficult Decisions, Have Fewer Meetings, and Break Annual Goals into Quarterly OKRs

nurijanian.substack.com

This is Sunday 1-1-2-3 with George.

Each week, you get an easy-to-read breakdown of the latest ideas in product development, with a dash of humor to keep things interesting.

It’s so good, even famous product people subscribe... but only because they want to make sure I'm not stealing their material 😂

Today we have:

  • Figma's Self Serve Forecast Model

  • How To Make Difficult Decisions

  • How To Have Fewer Meetings

  • How To Break Annual Goals into Quarterly OKRs

+ ChatGPT prompts for product managers.


📚 Exploring Figma's Self Serve Forecast Model

For those who know me, you may recall that I started out as a pricing analyst.

Modelling is key to pricing, so every time I see a model dissected in public, my ears perk up.

Figma built a self-serve forecast model that accurately predicted ARR growth by consistently being within 5%.

There are some valuable ideas for someone who is new to such models, but what I also want to highlight here: this model isn’t that complex.

In fact, I see people who work on products do this over and over again.

They think they have to look good in the eyes of the people they look up to. When they make something simple hard, it's almost like a badge of honor.

It's possible that the key to success is right in front of us: just take simple, but not easy, steps over a long period of time.

So check it out, or bless your fellow analysts:

Figma's Self Serve Forecast Model


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👀 How To Make Difficult Decisions

In a nutshell: separate the decision from implementation.

This means that when making a hard decision, like ending a relationship or firing an employee, you should focus on what is best for the most important people involved instead of getting caught up in how hard it will be to carry out the decision.

The customer is the most important person in a business, so decisions should be made based on what is best for them.

I know, easier said than done, eh! Check out my past editions where I look at some decision-making heuristics by Annie Duke.


🍪 Quick Bites

Twitter avatar for @andybudd
Andy Budd @andybudd
Most people feel there are too many meetings. However most people also hate the idea that they aren’t being included in important conversations and decisions.
11:24 AM ∙ Jan 15, 2023
1,408Likes113Retweets
Twitter avatar for @dps
David Singleton @dps
At Stripe we care about being meticulous in our craft. Sometimes that means putting effort into getting the small things right. Little details compound into end to end experiences that are surprisingly great. We shipped 100s of tiny tweaks last year. Some of my favorites 🧵
6:22 PM ∙ Jan 11, 2023
1,472Likes116Retweets
Twitter avatar for @ianharveyOT
Ian Harvey 🇺🇦🏳️‍🌈 ⛴️ (He/Him) #blm @ianharveyOT
How to break annual goals into quarterly OKRs without just dividing by 4! Judging by the questions I get, this is a challenge you might be wrestling with. You've wrangled ambitious annual OKRs, and now you're stumped. What do we do for Q1? Some simple ideas I share: 1/7
7:00 PM ∙ Jan 13, 2023
28Likes3Retweets

🤖 ChatGPT Corner

I made a thread this week with some great ChatGPT prompts that PMs can use. I don't know how long this free-for-all party of unrestricted access to the tool will last, but I say take advantage of it when you can:

Twitter avatar for @nurijanian
George from 🕹prodmgmt.world @nurijanian
10 ChatGPT Prompts For Product Managers That Will Blow Your Mind and Spark Your Creativity:
3:00 PM ∙ Jan 17, 2023
267Likes36Retweets

That's a wrap for today. Stay focused and see you next week! If you want more, be sure to follow me on Twitter (@nurijanian)


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Who's George?

It’s me

I’m an underdog product manager.

Product management in New Zealand (where I live) is still a relatively immature discipline. I also came into it late via data science and UX. I may be older than others, but I often feel like a rookie.

To become better at my craft, I learn and explore new ideas relentlessly.

Then I share high-quality, tried-and-true ideas that can be used right away.

How I can help you:

  • If you’re learning about product as a cross-functional leader, I’ve compiled my best actionable finds in prodmgmt.world.

  • Get some help via prodmgmt.help. People ask about How to prioritise, How to do market research, how to work with engineers, how to go from a service to a product, how to develop a deep coherent product strategy, what books to read and courses to take on product topics & design systems product management.

see you next week.

— George.

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🎾 Figma's Self Serve Forecast Model, How To Make Difficult Decisions, Have Fewer Meetings, and Break Annual Goals into Quarterly OKRs

nurijanian.substack.com
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