Lenny's Podcast: Product | Career | Growth
Lenny's Podcast: Product | Career | Growth

Building better product roadmaps | Janna Bastow (Mind the Product, ProdPad)

October 16, 2022

AI Summary

5 min read

Janna Bastow, founder of ProdPad and Mind the Product, explains how product roadmaps function less as rigid plans and more as tools for alignment, expectation management, and decision-making. Drawing from her experience helping thousands of teams, she emphasizes roadmaps that reflect reality, incorporate customer feedback, and address psychological barriers like overconfidence in predictions.

Core purpose and common mistakes

Roadmaps primarily communicate strategy, progress, and trade-offs to stakeholders, rather than serving as unchangeable schedules. Bastow notes frequent errors include treating them as Gantt charts with false precision, which leads to distrust when timelines slip. Instead, they should highlight themes, outcomes, and initiatives, using formats like now-next-later to manage uncertainty—acknowledging that detailed forecasting fails due to cognitive biases like the planning fallacy, where teams underestimate complexity.

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What you'll learn

  • 1 (00:00) **🎙️ Introduction: No Guest**
  • 2 Hosts recap recent market volatility and preview episode topics.
  • 3 Brief overview of key economic indicators discussed.
  • 4 (02:15) **Fed Rate Decision Analysis**
  • 5 Breakdown of latest FOMC minutes.
  • 6 Expectations for September rate cut probability.
  • 7 Impact on bond yields and stock futures.

+ Full timestamped outline available in the app

Show Notes

Janna Bastow is a former product manager, and currently the CEO and co-founder of ProdPad. She also co-founded Mind the Product, a community for PMs, which has grown to 300,000 members across the world. In today’s podcast, Janna discusses the limitations of timeline-based Gantt charts and her “Now/Next/Later” framework. She also shares stories about hosting conferences and gives some great tips on how to improve your presentation skills and cope with performance anxiety.

Find the full transcript here: https://www.lennyspodcast.com/building-better-product-roadmaps-janna-bastow-mind-the-product-prodpad/#transcript

Where to find Janna Bastow:

• Twitter: https://twitter.com/simplybastow

• LinkedIn: https://www.linkedin.com/in/jannabastow

• The ProdPad newsletter: https://www.prodpad.com/newsletter/

Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• Twitter: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

Thank you to our wonderful sponsors for making this episode possible:

• Formsort: https://formsort.com/lenny

• Coda: http://coda.io/lenny

• Amplitude: https://amplitude.com/

Referenced:

• Mind the Product: https://www.mindtheproduct.com/

• The Trouble with Traditional Roadmaps: https://www.prodpad.com/resources/guides/ditch-the-timeline-roadmap/the-trouble-with-traditional-timeline-roadmaps/

• ProdPad’s Sandbox: https://www.prodpad.com/sandbox/

• Geoffrey Moore’s product vision template: https://www.prodpad.com/blog/product-vision-template/

The Art of Profitability: https://www.amazon.com/Art-Profitability-Adrian-Slyw

Lenny's Podcast: Product | Career | Growth