“Move faster”, “be quicker”, the “deadline is in two days.” Chances are, if you’re a product manager, you’re no stranger to this daily pressure. Leadership always wants an earlier launch date than what makes sense. Sales are constantly knocking on your door for the latest product they can sell. Not to mention that your competition always seems to be one step ahead and working faster. In the middle of all of this chaos, your product team is being asked to ship NOW, even when the team hasn’t fully answered the most important questions.
With looming deadlines and constant pressure from sales, leadership, and more, it’s no wonder that many talented product managers are buying into one of the biggest lies and traps. Speed is progress. It can certainly feel like progress, right? But is it? Without clear direction, speed is just motion. In product management, motion in the wrong direction is more expensive and can be more damaging than no motion at all.
Like we’ve covered before, building in the age of AI has never been quicker. However, just because you can build it doesn’t always mean you should. Creating the wrong product because you can build it fast is a recipe for disaster. In the AI era, it’s a mistake we see product managers across industries making time and time again. When everyone is sprinting everywhere all at once, a product manager’s ability to slow down to make critical judgment calls is priceless.
It’s tempting to think of a rushed launch as a minor stumble that a quick patch or a follow-up release can fix. We see this frequently in the video game industry: a well-marketed game that a large player base is excited for is released too soon. This can be devastating for the player base and can take the studio years to overcome and fix. (See examples like the launch of Cyberpunk 2077, and No Man’s Sky.) There’s nothing quick about years of updates and patches correcting a product that was never ready for launch.
Roughly 30,000 new products launch every year and Harvard Business School puts the failure rate around 95%. Why do new products fail? Most of these failures don’t trace back to a lack of talent, budget, or technology. More often than not, these products are actually failing because the product team built the product before they understood if it was ever needed in the first place.
Unfortunately, when a rushed product fails, that’s not the end of the damage. This rushed product has cost you, in ways that you might not have realized.
One thing we do want to be clear on is that you shouldn’t move slowly just to move slowly. Instead, the time spent before launch must be spent on the right things. Product managers with successful launches spend their time doing the following.
Instead of talking about abstract repercussions, let’s dive into three products that were rushed to launch. You’ll find that the results (or lack thereof) speak for themselves.
We’ve said it once, and we’ll say it again. Taking your time is different than endless deliberation or shipping nothing until it’s “perfect.” Product managers who “take their time” are using that valuable time to address three vital questions.
The fastest path to market isn’t always the shortest one. (A statement that almost sounds like hearsay in the age of AI and facing ever-growing deadlines.) None of the speed you had matters if the product is a complete flop or if you spend months or years trying to fix the product. It’s easy to fall into the speed trap. All the talent in the world can’t save your product from a rushed launch, as we’ve seen with the initial launch of Apple Maps.
Successful product managers aren’t the ones who move the slowest or the fastest. They’re the ones who know which questions can’t be skipped, no matter how loud the pressure to ship gets. That’s discipline and judgment, not an instinct, and it can be learned.
If you want to build the frameworks that protect your team from rushed, half-baked launches, AIPMM's Certified Product Manager® (CPM) program is designed exactly for this. It covers the full front end of the product life cycle, from market planning and competitive analysis to product launch planning and phase-gate process modeling, so your team has a structured way to validate the right product, for the right customer, solving the right problem, before resources are spent building the wrong one.
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