Data is king – the bloodstream of the company
Before product managers can begin the work needed to start building and developing their product, getting it ready for testing, and releasing it to their customers, they need to get really clear on the strategy of how they will position their product. This is the thought process behind the Venn diagram exercise we saw in the previous section. Now that we’ve gone over the process of how product managers can approach potential AI embellishments, we can add one more layer of scrutiny to this list. This additional layer focuses on the data, which is what will power every single item on these lists. Once product managers begin the work of understanding what they can do with the data sources they have and which data sources they’ll need to make the items on their list a reality, we’re getting close to actually having a plan.
In the following subsections, we will be addressing the key areas of data readiness. Preparing...