Lead on Purpose

Promoting Leadership Principles in Product Management

Providing value

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Previous posts have discussed the word ‘value’ as a verb — the act of appreciating, respecting or esteeming others. However, when it comes to providing value, words like worth, importance or significance apply.

What are you doing to provide value to your organization? What significance do you bring to the table? As a leader, how do you inspire your people to give their best to your cause? These questions should coarse the minds of all leaders, especially during difficult times.

This topic is admittedly broad reaching and sufficient answers are well outside the bounds of one blog post. However, when it comes to providing value from a leadership perspective, my good friend Art Petty takes this complex topic and simplifies it into 5 Simple Rules To Be A Great Leader:

  1. Surround yourself with great people
  2. Provide them with challenging opportunities
  3. Expect the extraordinary
  4. Work like crazy to provide support
  5. Stay out of the way until you’re needed.

You have a great opportunity to add significant value as a leader in your company. Look for ways to put these rules into practice today.

The Product Management Perspective: Product managers are in a prime position to provide value to their organizations. One the most effective ways to be the star of your company is to become an expert at market sensing. To the extent you guide your company to create and sell the right products and services for your specific market, you will become the hero of your organization.

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