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Stage Five: Reflect (Monday Morning Quarterbacking) How did that work out? Did I make things better or worse? Have I learned something new about the challenge I’m facing and about the best response? Reflecting on our response to a challenge can yield dividends for the future. It’s in learning from experience that we truly grow wiser. We can do this not only for something that just happened, but for events both big and small that have happened in the past and linger in our memories.

The Good Life

Robert J. Waldinger and Marc Schulz Ph.D

As feedback comes in through dogfooding, usability studies, and experiments, the PM identifies the most important issues and iterates on the feature design to find better solutions. Prioritization is one of the product manager’s most important functions at this point; if the team were to fix every bug and build every new feature idea, the product would never launch. The PM needs to consider all of the new requests and decide if they should be prioritized for the current release or punted to a later time.

Cracking the PM Interview

Gayle Laakmann McDowell, Jackie Bavaro

Earnings Earnings are the oxygen of a business and should be the metric for its evaluation. If you own a business and have no intention of selling it, the only thing you care about is how much money you made this year. The increase in earnings is exactly what reflects the change in book value and therefore is the only objective indicator of intrinsic value. The best way to assess earnings is to use their past averages and adjust them for growth and cyclicality. You can find the earnings of a business in most investor presentations, annual reports or with data providers.

How to Calculate Intrinsic Value (Formula - Excel Template & AMZN Example) - Sven Carlin

svencarlin.com

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