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Goal driven cross-functional collaboration in modern product management

Are you on the lookout to launch a successful product? Do you want to know how to make sure that your entire team is aligned towards achieving one goal? In order to create successful products, it's essential that you have a process in place for effective cross-functional collaboration. Learn how to get buy-in from stakeholders, roll out your product successfully, and more.
VLAD ILCHENKO

Senior Product Manager, Walmart eCommerce

Outline of the key points:

1. What is goal driven cross-functional collaboration and why do we need it in product management today?

2. The benefits of goal driven cross-functional collaboration

3. How to set up goals and objectives for your team that will promote collaboration

4. Tips for maintaining a collaborative environment within your team

5. Tools and techniques for tracking progress on collaborative goals.


Too often, product managers are solely responsible for the success (or failure) of a product. But in today's world, that's just not feasible - products are too complexTo create a great product, you need to have a cross-functional team that works together towards a common goal.

In this blog post, we'll explore what goal-driven collaboration looks like in modern product management, and how you can achieve it in your own organization. 🚀🚀

Product managers today face challenges that are more complex and cross-functional than ever before. In order to meet these challenges, product managers need to be able to rely on cross-functional collaboration. Goal driven cross-functional collaboration is a process whereby teams work together to achieve a common goal. This type of collaboration is essential in product management because it allows for the sharing of knowledge and ideas, and it enables team members to pool their expertise in order to solve problems. 


Setting up goals and objectives for your team that will promote collaboration can be a challenge, but it is essential in order to create a cohesive and effective team. It is important to remember that the goals and objectives should be aligned with the overall strategy of the company, and they should be specific, measurable, achievable, relevant, and time-bound. In addition, it is important to ensure that all team members have a clear understanding of the goals and objectives, and that they buy into the vision. 🧭🚦

Maintaining a collaborative environment within your team can be challenging, but there are a few things you can do to encourage collaboration. First, it is important to create an open and inclusive environment where all voices are heard. Second, you need to make sure that everyone on the team feels like they are valued and that their contributions are important. Finally, you need to provide opportunities for team members to work together on tasks and projects. 


There are a number of tools and techniques that you can use to track progress on collaborative goals. One approach is to use a project management tool like JIRA, Confluence or Asana. Another approach is to create a shared document or spreadsheet where team members can track progress on tasks. Finally, you can hold regular status meetings where team members give updates on their progress. Whatever approach you choose, it is important to make sure that everyone on the team has visibility into the progress being made. Goal driven cross-functional collaboration is essential in product management today, and there are a number of things you can do to encourage it. By setting up clear goals and objectives, creating an inclusive environment, and providing opportunities for teamwork, you can foster a collaborative culture within your team. And by tracking progress using tools and techniques, you can ensure that your team stays on track to reach its goals.


Case study: Underwood Brewing Co.


Jack Taniels is a new product manager at the small enterprise called Underwood Brewery Co. He has gone through initial introductions with the team and Head of Product asked him to establish and enable new customer relationship management system (CRM) in the company to better serve customer needs and help sales people.

Jack was excited about this challenge, but he soon found that getting buy-in from different parts of the company would be difficult. Jack Taniels has always been a go-getter. When he was younger, he would set his sights on a goal and do whatever it took to achieve it. This tenacity served him well in his career as a product manager. When he was given the challenge of establishing a new CRM, he was confident that he could get the buy-in from all of the necessary departments.

However, Jack soon learned that this would not be an easy task. The engineering team was hesitant to invest in a new system, and the marketing team was more interested in promoting their latest products than in overhauling the company's sales process. Sourcing also wasn't too keen on making changes, as they were comfortable with the way things were currently running. But Jack refused to give up.

Undeterred, Jack put together a proposal for the CRM system and made his case to each department head individually. He explained how the new system would help improve customer service and boost sales. 

- IT balked at the idea of implementing a new system, since they were already overloaded with work, so he worked with Director of engineering to narrow the scope and proceed with a phased roll-out, starting next quarter

- Marketing didn't see how CRM could help them sell more beer, and engineering thought it was unnecessary complexity. He kept meeting with marketing and sales teams, explaining how CRM could improve customer service and make everyone's job easier in the long run

- Sourcing was reluctant to invest in a new system when their old one still seemed to be working fine, so asked sales operations team to spend a day with sourcing to share their pain points about using existing solution.

And after some convincing, he finally got everyone on board. Over time, he managed to influence everyone that CRM was a valuable investment, and soon the project was underway. The new CRM system went into effect and it quickly became clear that Jack's decision had been the right one. The engineering team was able to build an efficient system that met all of the company's needs, and marketing was able to promote products more effectively than ever before. Sales also increased dramatically due to the improved customer service offered by the CRM system. 


Thanks to Jack's tenacity, determination, and cross-team collaboration, Underwood Brewery Co.'s goal could be achieved sooner: "To provide the best tasting experience for beer lovers"!


Conclusion

Goal-driven cross-functional collaboration is key to success in product management today. By creating a team environment that promotes open communication and encourages everyone to share their ideas, you can develop innovative products that meet the needs of your customers.

Remember, it's important to set up achievable goals and objectives for your team so that everyone can work together towards a common goal. And be sure to track progress on these goals regularly so that you can make necessary changes and adjustments along the way.

How do you foster cross-functional collaboration within your team? Let me know what works best for you - I would excited to learn more!



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