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Seeking Wisdom with David Cancel

#Build 11: Julia Austin on the Making of a Great PM – Lessons from Harvard Business School, Digital Ocean, VMWare & Akamai

Seeking Wisdom with David Cancel

Molly Sloan

Business, Entrepreneurship

5610 Ratings

🗓️ 30 November 2018

⏱️ 40 minutes

🧾️ Download transcript

Summary

On this episode of #Build, board advisor and Senior Lecturer at Harvard Business School, Julia Austin, shares her point of view on what makes a truly great product manager. How does she know? Well years of experience spent as CTO at Digital Ocean and VP of Engineering at VMWare and Akamai. Julia also opens up about her time as a lecturer at Harvard Business School and experience serving as a board advisor to startups including Drift, Wistia, Help Scout, ZappRx and others. Before you go leave a ⭐⭐⭐⭐⭐⭐ review and share the pod with your friends! Be sure to check out more insights on the Drift blog at drift.com/blog and find us on Twitter @maggiecrowley, @drift, @seekingwisdomio and @austinfish. In this episode: 0:09 – Maggie introduces Julia Austin 0:40 – Introduction of the two big topics of today’s show: 1. What is a great product manager, 2. How one builds a carrier in production management 0:57 – Julia shares how she went from production itself to teaching about it 4:23 – Product manager is not a cool CEO position, but it turns ideas into made products and can be very gratifying 5:48 – The process of idea to realization in project management that she teaches in Julia’s class 8:32 – By taking a product management class one can walk through and gain knowledge about the whole process 9:05 – Kinds of people customarily being most successful in product management 16:29 – Julia explains what a ‘typical’ product manager looks like 20:24 – You don’t have to build the most fancy things all the time 21:57 – Sometimes you have to take scary risks 23:20 – What makes a great PM is someone who says ‘I know this is the right thing to do,’ and can make the call 23:28 – Julia shares advice on how one can get their first PM job 26:46 – Advice on how to evaluate the next carrier steps as a PM, and whether to go / remain in a big or a start-up company 35:32 – Julia shares some final pieces of advice 37:21 – Be willing to take risks 38:03 – Don’t be focused on titles, but on what you will actually do

Transcript

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0:00.0

Welcome to Bill. Today I have an incredible guest that I'm so excited to have here.

0:10.4

She's a mentor and advisor here at Drift and a personal inspiration. This is Julia Austin.

0:16.2

She is these days a senior lecture at Harvard Business School. She's an advisor or board member on what feels like every startup in Boston, including Drift, Wistia, ZapRX, Help Scout, and many others, and was previously the CTO at DigitalOcean, a VP at VMware, VP of Engineering, Akamai, and I lost count of all the other things that you had on your career. So welcome to Seeking Wisdom.

0:36.2

Thank you. It's good to be here. Yeah. Excited. We can finally make this happen. So I have two big topics I want to get through today. First, what is a good PM? What makes a good PM? How do you become a good PM? And then second, how do you build a career in products? because you know you're teaching students how to be PMs right now.

0:54.5

But first I want to understand how did you go and why did you go

1:00.2

from this career in engineering to teaching product? Yeah, sure. Great question. So obviously

1:04.6

leading engineering teams and working with engineering teams, you're always interacting with product

1:09.0

people all the time. time. And I would say

1:11.1

early in my career, a lot of my roles that were not engineering, like release manager at Akamai

1:15.3

in the early days, were really product type roles. Figuring out requirements, talking to customers

1:21.4

a lot and understanding their needs, trying to translate technical things back to the business,

1:25.9

as far as what it took to get things done, was always in my blood, so it's always something I've done. When I was CTO at DigitalOOcean, I was running engineering product and marketing, by the way, which I think is actually something that's kind of important and cool and something I always wanted to do because I always felt like marketing was an integral part of what we were doing with product. Everything from knowing when you're shipping things to how it's being positioned and why you're positioning it that way. And so having marketing under product or with product and engineering in the same room every day actually worked quite well. Was that because your customer was so technical? Or do you think that model would work elsewhere too? Yeah, I know. I think the model would work elsewhere as well. I mean, at the end of the day, if an organization is built well, it doesn't matter who reports to whom. I have a very strong philosophy about that and moving people around just to make things work better isn't always the answer. But in this particular case, and I think it would work anywhere. I don't think it's just in a very technical product. Having marketing or product marketers very close to product.

2:19.0

Again, you build empathy, just like we build empathy with our users or our target customers,

2:23.7

building empathy with the engineering and product team and understanding what's coming,

2:27.9

why, what sort of the root is, really can make all the difference.

2:31.1

Right. So then how did you get that role as a teacher?

2:33.9

So my entire career, as you said, it's sort of long, but it's always been one of those right time, right place kind of things. And so at HBS, I had just left VMware. I was at VMware for eight years, had an incredible run there, super fun, got to see the company grow from 800 people to 15,000 people, and about 800 million in revenue to 6 billion in

2:52.5

revenue. It was a pretty nutty ride. It was great. But I really wanted to get back to early stage

2:57.7

companies again. So I was doing that for a few years here in Boston and had a great network.

3:03.9

And somebody asked me if I would do a guest lecture spot at HBS and it was for the product

3:08.1

class that I teach now.

3:09.4

Right.

...

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