Rishabh Dave

AMA: Stripe Product Lead, Rishabh Dave on Stakeholder Management

June 13 @ 10:00AM PST
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Stripe Product Lead, Rishabh Dave on Stakeholder Management
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Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
Product Management is centered around people and the effectiveness of a PM in cultivating relationships with others directly impacts the quality of the product. Some of the steps tactics that can help build successful relationships are: 1. Invest time in building connections: Dedicate time to......Read More
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Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
TL;DR - Align on a framework that helps identify roles & responsibilities Decision making is often unclear in tech companies due to rapidly changing technology, company culture, complex & interconnected systems and matrixed org structures. This often leads to following challenges:  1. Conflic......Read More
784 Views
2 requests
Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
It's a tough situation if you, as a product manager, find yourself stuck in the middle without alignment. There are certain steps you can follow if you're in such a situation: 1. Seek early feedback: Engage with stakeholders beforehand to gauge their support, concerns, or opposition to yo......Read More
618 Views
2 requests
Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
Vision -> Ownership -> Clear expectations -> Progress -> Feedback  It is very common for PM’s to lead initiatives where the members in the working group don’t report to them. My approach towards managing team members who do not directly report to me while ensuring that the initiatives stays on......Read More
702 Views
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Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
The three important soft-skills for product managers to cultivate in their careers are: 1. Communication (writing, public speaking, persuasion, listening): Product managers need to convey their ideas clearly, actively listen, gain support and key various teams and departments. Strong co......Read More
737 Views
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Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
There is no one-size-fits-all structure for product teams as organizations have different setups based on their needs, maturity, customer segments and nature of products & services offered. Also fast growing companies often go through restructuring every 6 months with fluid org structures. Having......Read More
781 Views
2 requests
Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
Companies typically have well-defined criteria around levels and competencies to help measure a product manager's performance. The primary objective of a product manager is to deliver user value and drive business impact by building the right products. Here are common dimensions to assess PM's su......Read More
683 Views
1 request
Rishabh Dave
Rishabh Dave
Stripe Product Lead, Financial InfrastructureJune 13
Product intuition, also known as product sense, is the ability to understand what makes a product great and enables product managers to make effective decisions in ambiguous situations. It encompasses 3 key aspects: Empathy, Domain Knowledge (customers, competition, etc) and problem solving.   ......Read More
683 Views
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