Quotes & Highlights

in strong product companies, the purpose of the product team is to serve customers by creating products customers love, yet work for the business.
— Marty Cagan and Chris Jones, Empowered
In the empowered product team model, the product manager has a clear responsibility, which is to ensure that the solutions are valuable (our customers will buy the product and/or choose to use it), and viable (it will meet the needs of the business). Together with a product designer who is responsible for ensuring the solution is usable, and a tech lead who is responsible for ensuring the solution is feasible, the team is able to collaborate to address this full range of risks (value, viability, usability, and feasibility). Together, they own the problem and are responsible and accountable for the results.
— Marty Cagan and Chris Jones, Empowered
to summarize feature teams vs. empowered product teams: Feature teams are cross‐functional (a product manager doing mainly project management, a product designer, plus some engineers), and assigned features and projects to build rather than problems to solve, and as such they are all about output and not business results. Empowered product teams are also cross‐functional (a product manager, a product designer, and engineers), but in contrast to feature teams, they are assigned problems to solve, and are then empowered to come up with solutions that work—measured by outcome—and held accountable to results.
— Marty Cagan and Chris Jones, Empowered
In contrast, in strong product companies, teams are instead given problems to solve, rather than features to build, and most important, they are empowered to solve those problems in the best way they see fit. And they are then held accountable to the results.
— Marty Cagan and Chris Jones, Empowered
Overall, we look to leadership for inspiration and we look to management for execution.
— Marty Cagan and Chris Jones, Empowered
To tell stories of the past to children who walk into the future is a task both noble and taxing.”
— Indra Das, The Devourers
Hindsight bias is the tendency, after an outcome is known, to see the outcome as having been inevitable.
— Annie Duke, Thinking in Bets
If you want to pick a role model for designing a group’s practical rules of engagement, you can’t do better than Merton. To start, he coined the phrase “role model,” along with “self-fulfilling prophecy,” “reference group,” “unintended consequences,” and “focus group.” He founded the science of sociology and was the first sociologist awarded the National Medal of Science.
— Annie Duke, Thinking in Bets
Pete Carroll was a victim of our tendency to equate the quality of a decision with the quality of its outcome. Poker players have a word for this: “resulting.” When I started playing poker, more experienced players warned me about the dangers of resulting, cautioning me to resist the temptation to change my strategy just because a few hands didn’t turn out well in the short run.
— Annie Duke, Thinking in Bets
In most of our decisions, we are not betting against another person. Rather, we are betting against all the future versions of ourselves that we are not choosing.
— Annie Duke, Thinking in Bets