Failed products often lead to groundbreaking innovations.

Failed Products and Their Lessons:

1. Google Glass: Google Glass failed but laid the groundwork for advanced AR technology and wearable computing.
2. Amazon Fire Phone: Despite the Fire phone’s market failure, the technology contributed to the success of Alexa and Amazon Echo devices.
3. Apple Newton: Apple’s Newton set the stage for the development of the iPhone and iPad.

The failures in my own career have taught me to be resilient, adaptable, and pivot based on feedback.

If you are leading a team, here are some actionable takeaways:

1. Encourage a culture that views failure as a learning process.
2. Analyze failed projects for hidden insights and lessons.
3. Use these lessons to innovate and improve future projects.

Do you have any interesting story to share that taught you invaluable lessons?

#Product #ProductManagement #ProductStrategy