Product owners
school

Fast and effective Product Owner training within the company

About the school

Product owner business role corporate training adapted to the company specifics, based on a framework for initiative management as part of the implementation of specific initiatives (projects).
Duration - 4 months.

Problems you solve

Lack of business effect of implemented projects

Under conditions of uncertainty, a significant part of the initiatives portfolio fails to achieve the expected result. Projects do not deliver business value in the expected TTM

External training does not take into account the specifics of the business

Skills and knowledge acquired through external training are not relevant to the context of the company, it is difficult to apply them to real work

Employees lack product skills

Company employees involved in product development lack product knowledge and skills. They are familiar with some of the tools, but do not know how to apply them systematically

Shortage of digital and product specialists

There are not enough Product Owners on the market, they are expensive, it is difficult for the company to organize their quick and high quality training in conditions of economic turbulence

Interaction of product teams: no unified system

The company has not implemented a unified product approach to the implementation of initiatives. It is necessary to ensure a well-coordinated team and cross-team interaction.

It's hard to scale product expertise

Internal experts have no motivation to pass on expertise, no understanding of how to do it. Cross-functional interaction is ineffective because of different levels of expertise

From practitioner to qualified specialist

1. Ideation. Generating and packing ideas

Generation and selection of business ideas for implementation
Packaging the idea into an "initiative card" artifact necessary to promote the idea to profit and cross-functional interaction on the product, formation of stage artifacts
Developing skills: customer segmentation, problem and solution formulation in customer language, problem segmentation, initiative effect metrics, P&L hypothesis formulation, solution benchmarking, communication channel selection, initiative pitching

2. Discovery. Research

Exploratory activities before the start of product (pilot) development
Formation of a hypothesis backlog artifact, as well as other stage artifacts
Mastering product research tools (CustDev, in-depth interviews, CJM, etc.)
Working through the risks and limitations of the initiative
Working on skills for generating, validating, scoring user, problem, and solution hypotheses
Hypothesis selection for product pilot design

3. Product (pilot) design

Pilot project design (MVP), formation of product and project documentation for transfer to the development team.
Selection of the pilot area for MVP product implementation
Formation of a Project Card artifact to support the pilot, as well as other stage artifacts.
Practicing MVP design skills, working with a product metrics tree, building a product financial model, planning resources for product implementation, building a product roadmap

Defending the product pilot at Design steering committee

Presentation of the developed initiatives at the Steering Committee of the Design stage with the help of the prepared "Project Card" artifact
Selection of the initiative pool for further implementation of the pilots according to the given criteria: revenue to cost ratio, risk accounting, measurability of results, evaluation of P&L and its scaling, impact of the initiative on the company's strategic priorities and key customer segments, and possibility of implementing a "short lever" (achieving the first metrics within a 3-month window)

Results

Product owners who know how to provide product P&L with fast Time to market

Product owners with a product mindset proven in solving real business problems, a set of professional knowledge, skills and practices ready to implement pilot initiatives

Unified system of work and interaction of product teams

Implementation of the principles and practices of the product approach, a unified system of cross-team and cross-functional interaction based on the corporate framework for initiative management

Scaling product expertise within the business

The unique methodology of transferring expertise within the company, the corporate framework and the created favorable environment allow to quickly scale the expertise of Product Owners

Framework - a tool for initiatives development and preparation of Product owners

Prototype enterprise framework for P&L and TTM portfolio initiatives development, preparation of Product owners within the business and scaling expertise at no extra cost with guaranteed results

Initiatives portfolio with P&L aimed at strategy implementation

Pool of initiatives aimed at achieving the company's strategic priorities, with specifics of the economic effect/P&L, ownership of P&L initiatives by the Product Owners

Saving on external training that does not bring business value

The launch of the internal corporate Product Owners school, taking into account the specifics of the company, the experience and knowledge of internal experts, ensuring a high quality of training and achieving initiatives economic impact

Basic program

* The program is adapted and adjusted to the request of a particular company

Training services

Tutoring

Ensuring all processes, comprehensive support for practitioners being trained for the "Product owner" business role. Liaison between practitioners and experts

Experts

Digitization of the "Product owner" business role, conducting educational events, regular examination of the practitioners work being trained for the business role

Educational platform

Training on an agile, modern edtech platform, access to educational content for the "Product owner" business role, creation of cases portfolio

Applied methodologies

Project-based learning
The training is integrated into the company's work projects; it is practical, not theoretical. Prouct Owners trained at the School solve real business problems, they know the specifics of the company and know how to take them into account
Blended Learning
The School applies the Blended Learning methodology - a combination of different online and offline formats, as requested by the company. The educational process becomes more comfortable, productive, and beneficial to the business
Role-based learning
The business role training methodology "Product Owner" is used. A company-specific profile is developed with all the necessary skills, knowledge, practices and artifacts it must be able to produce
Peer-to-peer
Mutual learning, based on cooperation and exchange of experience in mastering the business role of a Product Owner. The opportunity to share experiences, cases, insights with each other - to accumulate a library of knowledge and use it in further work with product teams

Skilled Product Owners

Supported by internal and external experts, product team project-based training enables trained Product Owners to quickly get up to speed on business challenges

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We use our own Edtech platform for training

About Neuromap

Neuromap specializes in digital and product transformation, product approach implementation, top management and in-house training. Diving deep into the client's problems, we personalize all programs and training materials to achieve measurable business results.

International
expert level

More than 30 senior level experts with 10+ years of experience in product approach implementation, digital transformation, product development, Digital Role Schools launch, tracking

Launch and support of Expertise Centers

15+ corporate universities based on the Expertise Center model with over 30 digital roles (Product Owner, Scrum Master, Data Scientist, Data Engineer, Architect, etc.)

Strategy and portfolio management: 10+ years of experience

20+ clients from the RBK 500, 10+ from the Forbes 200, 20+ portfolios, portfolio management initiatives from $2 to $50 million, result of +10% EBITDA in the first 3 years of digital transformation

Proprietary LXP platform

Teal.One's proprietary LXP platform for expertise scale and initiative portfolio management, used in large Russian and foreign companies

Launch of Product Owners and other roles schools

30+ schools of Top Managers, Product Owners, Scrum-masters, Data-analytics, Data Science. 500+ people trained. Over $100,000,000 effect on companies from trained employees

Framework for initiative management

TTM effect on initiatives due to framework implementation is reduced to 3-9 months. 30+ frameworks developed in industries: banking, industry, telecom, medicine, etc.

Neuromap clients