How Your Product Vision Shapes Reality

How can we ensure our product is actually fulfilling our vision? And in a world where well-intentioned products often have catastrophic consequences, how do we craft visions for an equitable future?

In this episode, Hannah Clark is joined by Radhika Dutt—Author of Radical Product Thinking and Chief Product Officer at Moveprice—in this second part conversation to pick up where we left off and examine visionary thinking at a higher level.

Tune in to learn how your product vision shapes reality!

Interview Highlights

  • Recap: vision vs survival model [0:39]
    • Rationalize why we prioritize instead of just handing down priorities
    • We’re trading off the long-term versus short-term – you can do this by putting it on an x and y axis.
    • The quadrants that emerge - good for vision and survival - that’s good for the business
    • Vision investment - good for the long term, bad for the short term.
    • Vision debt - good for the short term, bad for the long term.

The way we can share our rationale is by communicating our intuition.

Radhika Dutt
  • The caveat to the vision vs survival model and creating a vision in general is whether you can successfully articulate the result you want to see in the world—and we’re seeing in real time what the failure to do this looks like in in the world of LLMs [2:11]
    • We often think of the product as the end goal, rather than the vision being the end state.
    • Shares an example of someone who wanted to give laptops to children to end poverty and increase education, but the vision focused so heavily on the act of giving the children laptops rather than the end state.
    • LLMs are one way that we are able to create a product that will answer all of our questions.
    • Ask - what outcome do you want out of this AI? That will affect how you build that AI.
  • Inclusive products [6:55]
    • We don’t have the intent to exclude someone when we create a product, but we don’t think about all the possible personas that will use our products and how it’ll affect people differently.
    • When we don’t deliberately create inclusive products, we will end up excluding people
    • You take on vision debt when you don’t work to include marginalized groups in your product

As product people, we're all affecting human lives. Our products affect people's lives. And with that power comes the responsibility that we have to realize that we need to build products that actually work for all.

Radhika Dutt
  • What can we learn from the ethical failings of social media platforms as we find ourselves at the doorstep of an AI revolution? [10:36]
    • We are voting for the world we want to create through the labour we put into the work.
    • We used to think that consumers could vote with their dollar - but that is increasingly unrealistic. There are monopolies that are so strong that the consumer doesn’t really have a choice.
    • We often look to corporate responsibility, but the corporate entity was constructed to be able to shield the people behind it from liability. So it’s naive of us to think that they’ll do the responsible thing.
    • The biggest thing we can do is realize that we are voting for that world.
  • What are some of the other challenges in terms of building a more equitable approach to product management? [15:47]
    • The vision is the first step - what’s the end state you want to bring about?
    • The second stage - when you create your strategy, ask how it will address marginalized groups. You have to bake it into your strategy. Who are the personas and what are their pain points?
    • RDCL strategy
      • Real Pain Points, Design, Capabilities, and Logistics
    • Thinking about vision debt and how you can pay it back
  • Example of a company that has baked equity into their strategy [19:04]
    • Papadam company - Lijjat
    • All female employees with equal ownership of the company - started with 7 women, now it’s 45,000 women.
    • Buses transport the women to centres to pick up dough to roll at home, then they come back to drop off the rolled dough. They get paid for what they rolled and at the end of each month they share in the profits or losses.
    • Any organization can take this approach. You don’t have to be a non-profit to have financial success and do good.

Meet Our Guest

Radhika Dutt is the author of Radical Product Thinking: The New Mindset for Innovating Smarter which has been translated into several languages including Chinese and Japanese. She is an entrepreneur and product leader who has participated in five acquisitions, two of which were companies that she founded. She advises organizations from high-tech startups to government agencies on building radical products that create a fundamental change. She is currently Advisor on Product Thinking to the Monetary Authority of Singapore, and serves on the board of the independent publisher, Berrett Koehler. Radhika has built products in a wide range of industries including broadcast, media and entertainment, telecom, advertising technology, government, consumer apps, robotics, and even wine. She graduated from MIT with an SB and M.Eng in Electrical Engineering, and speaks nine languages.

photo of Radhika Dutt

We are voting for the world that we want to create through the labor that we put into our work.

Radhika Dutt

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