Effective Tech Project Management Techniques

Explore top LinkedIn content from expert professionals.

  • View profile for Severin Hacker

    Duolingo CTO & cofounder

    45,529 followers

    Should you try Google’s famous “20% time” experiment to encourage innovation? We tried this at Duolingo years ago. It didn’t work. It wasn’t enough time for people to start meaningful projects, and very few people took advantage of it because the framework was pretty vague. I knew there had to be other ways to drive innovation at the company. So, here are 3 other initiatives we’ve tried, what we’ve learned from each, and what we're going to try next. 💡 Innovation Awards: Annual recognition for those who move the needle with boundary-pushing projects. The upside: These awards make our commitment to innovation clear, and offer a well-deserved incentive to those who have done remarkable work. The downside: It’s given to individuals, but we want to incentivize team work. What’s more, it’s not necessarily a framework for coming up with the next big thing. 💻 Hackathon: This is a good framework, and lots of companies do it. Everyone (not just engineers) can take two days to collaborate on and present anything that excites them, as long as it advances our mission or addresses a key business need. The upside: Some of our biggest features grew out of hackathon projects, from the Duolingo English Test (born at our first hackathon in 2013) to our avatar builder. The downside: Other than the time/resource constraint, projects rarely align with our current priorities. The ones that take off hit the elusive combo of right time + a problem that no other team could tackle. 💥 Special Projects: Knowing that ideal equation, we started a new program for fostering innovation, playfully dubbed DARPA (Duolingo Advanced Research Project Agency). The idea: anyone can pitch an idea at any time. If they get consensus on it and if it’s not in the purview of another team, a cross-functional group is formed to bring the project to fruition. The most creative work tends to happen when a problem is not in the clear purview of a particular team; this program creates a path for bringing these kinds of interdisciplinary ideas to life. Our Duo and Lily mascot suits (featured often on our social accounts) came from this, as did our Duo plushie and the merch store. (And if this photo doesn't show why we needed to innovate for new suits, I don't know what will!) The biggest challenge: figuring out how to transition ownership of a successful project after the strike team’s work is done. 👀 What’s next? We’re working on a program that proactively identifies big picture, unassigned problems that we haven’t figured out yet and then incentivizes people to create proposals for solving them. How that will work is still to be determined, but we know there is a lot of fertile ground for it to take root. How does your company create an environment of creativity that encourages true innovation? I'm interested to hear what's worked for you, so please feel free to share in the comments! #duolingo #innovation #hackathon #creativity #bigideas

  • View profile for Cem Kansu

    Chief Product Officer at Duolingo • Hiring

    30,523 followers

    I am constantly thinking about how to foster innovation in my product organization. Building teams that are experts at execution is the easy part—when there’s a clear problem, product orgs are great at coming up with smart solutions. But it’s impossible to optimize your way into innovation. You can’t only rely on incremental improvement to keep growing. You need to come up with new problem spaces, rather than just finding better solutions to the same old problems. So, how do we come up with those new spaces? Here are a few things I’m trying at Duolingo: 1. Innovation needs a high-energy environment, and a slow process will kill a great idea. So I always ask myself: Can we remove some of the organizational barriers here? Do managers from seven different teams really need to say yes on every project? Seeking consensus across the company—rather than just keeping everyone informed—can be a major deterrent to innovation. 2. Similarly, beware of defaulting to “following up.” If product meetings are on a weekly cadence, every time you do this, you are allocating seven days to a task that might only need two. We try to avoid this and promote a sense of urgency, which is essential for innovative ideas to turn into successes. 3. Figure out the right incentive. Most product orgs reward team members whose ideas have measurable business impact, which works in most contexts. But once you’ve found product-market fit, it is often easiest to generate impact through smaller wins. So, naturally, if your org tends to only reward impact, you have effectively incentivized constant optimization of existing features instead of innovation. In the short term things will look great, but over time your product becomes stale. I try to show my teams that we value and reward bigger ideas. If someone sticks their neck out on a new concept, we should highlight that—even if it didn’t pan out. Big swings should be celebrated, even if we didn’t win, because there are valuable learnings there. 4. Look for innovative thinkers with a history of zero-to-one feature work. There are lots of amazing product managers out there, but not many focus on new problem domains. If a PM has created something new from scratch and done it well, that’s a good sign. An even better sign: if they show excitement about and gravitate toward that kind of work. If that sounds like you—if you’re a product manager who wants to think big picture and try out big ideas in a fast-paced environment with a stellar mission—we want you on our team. We’re hiring a Director of Product Management: https://lnkd.in/dQnWqmDZ #productthoughts #innovation #productmanagement #zerotoone

  • View profile for Saurabh Rege

    Head of Sales at Intellectt Inc

    2,360 followers

    🎯 Quality Engineers – Part 4 Let’s talk about a key part of any GMP-regulated process—validation. You’ve probably seen IQ/OQ/PQ on every project checklist. But do you really know what it looks like when you’re in the middle of it, making sure everything works the way it’s supposed to? Here’s how I handled a real validation from start to finish 👇 IQ/OQ/PQ – Explained Through Experience: 🛠 Installation Qualification (IQ) – Did we install it right? Verified the equipment was installed properly. Checked that power, air, and other utilities were connected and functioning. Confirmed all components, gauges, and sensors were present and calibrated. Ensured the environment met required conditions (clean, controlled). ⚙️ Operational Qualification (OQ) – Does it operate under all expected conditions? Tested the machine across its min/max operating ranges. Ran thermal and pressure mapping to check uniformity. Simulated worst-case scenarios (like temperature or pressure deviations). Verified alarms triggered correctly when limits were exceeded. 📈 Performance Qualification (PQ) – Does it work under real conditions with actual product? Ran multiple production lots using real materials. Performed seal strength tests, visual inspections, and transit simulations. Ensured all products met quality specs under normal operating conditions. 💡 Real Example I Handled: I validated a new sealing machine used for sterile packaging. Here’s how I broke it down: IQ: Confirmed the machine was installed as per specifications. Verified all calibrations and ensured the machine was set up in a controlled environment. Checked utilities—power, air supply, and all connections. OQ: Tested sealing temperature and pressure ranges—from lowest to highest settings. Simulated power failures and checked system recovery and alarms. Conducted empty cycle tests to ensure consistent operation without product. PQ: Ran 3 full production lots using actual materials. Performed: Seal strength tests – all results within validated range. Visual inspections – no defects or seal issues. Transit simulations – no failures after handling and vibration testing. After validation, we saw zero deviations, and the process ran smooth and compliant. Why IQ/OQ/PQ Matters: It’s not just about ticking boxes—it’s about confidence in your process. When you validate right, you reduce risk, avoid CAPAs, and ensure your product reaches the end user safely. Pro Tip: Be hands-on with validation. Know why you're testing each step, and how it ties back to quality and patient safety. Let me know if you’ve been through a tough validation—or want to dive deeper into real-world problem solving in quality! 💬 #QualityEngineering #Validation #IQOQPQ #MedicalDevices #Pharma #GMP #FDACompliance #EngineeringSimplified #CAPA #ContinuousImprovement #Part4 #LifeSciences

  • View profile for Pooja Jain

    Open to collaboration | Storyteller | Lead Data Engineer@Wavicle| Linkedin Top Voice 2025,2024 | Linkedin Learning Instructor | 2xGCP & AWS Certified | LICAP’2022

    193,287 followers

    𝗗𝗮𝘁𝗮 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗶𝘀𝗻'𝘁 𝗮 𝘀𝗶𝗻𝗴𝗹𝗲 𝗰𝗵𝗲𝗰𝗸 -it's a continuous contract enforced across the various data layers to avoid breakage. Think about it. Planes don’t just fall out of the sky when they land. Crashes happen when people miss the little signals that get brushed off or ignored. Same thing with data. Bad data doesn’t shout; it just drifts quietly—until your decisions hit the ground. When you bake quality checks into every layer and, actually use observability tools, You end up with data pipelines that hold up. Even when things get messy. That’s how you get data people can trust. Why does this matters? Bad data costs money → Failed ML models, wrong decisions. Good monitoring catches 90% of issues automatically. → Raw Materials (Ingestion)  • Inspect at the dock before accepting delivery.  • Check schemas match expectations. Validate formats are correct.  • Monitor stream lag and file completeness. Catch bad data early.  • Cost of fixing? Minimal here, expensive later.  • Spot problems as close to the source as you can. → Storage (Raw Layer)  • Verify inventory matches what you ordered.  • Confirm row counts and volumes look normal.  • Detect anomalies: sudden spikes signal upstream issues.  • Track metadata: schema changes, data freshness, partition balance.  • Raw data is your backup plan when things go sideways. → Processing (Transformation)  • Quality control during assembly is critical.  • Validate business rules during transformations. Test derived calculations.  • Check for data loss in joins. Monitor deduplication effectiveness.  • Statistical profiling reveals outliers and distribution shifts.  • Most data disasters start right here. → Packaging (Cleansed Data)  • Final inspection before shipping to warehouse.  • Ensure master data consistency across all sources.  • Validate privacy rules: PII masked, anonymization works.  • Verify referential integrity and temporal logic.  • Clean doesn’t always mean correct. Keep checking. → Distribution (Published Data)  • Quality assurance for customer-facing products.  • Check SLAs: freshness, availability, schema contracts met.  • Monitor aggregation accuracy in data marts.  • ML models: detect feature drift, prediction degradation.  • Dashboards: validate calculations match source data.  • Once data is published, you’re on the hook. → Cross-Cutting Layers (Force Multipliers)  • Metadata: rules, lineage, ownership, quality scores  • Monitoring: freshness, volume, anomalies, downtime  • Orchestration: dependencies, retries, SLAs  • Logs: failures, patterns, early warning signs Honestly, logs are gold. Don’t sleep on them. What's your job? Design checkpoints, not firefight data incidents. Quality is built in, not inspected in. Pipelines just 𝗺𝗼𝘃𝗲 data. Quality 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝘀 your decisions. Image Credits: Piotr Czarnas 𝘌𝘷𝘦𝘳𝘺 𝘭𝘢𝘺𝘦𝘳 𝘯𝘦𝘦𝘥𝘴 𝘪𝘯𝘴𝘱𝘦𝘤𝘵𝘪𝘰𝘯.  𝘚𝘬𝘪𝘱 𝘰𝘯𝘦, 𝘳𝘪𝘴𝘬 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘥𝘰𝘸𝘯𝘴𝘵𝘳𝘦𝘢𝘮.

  • View profile for Gal Aga

    CEO @ Aligned | Don't Sell; offer 'Buying Process As A Service'

    92,322 followers

    We just closed a $480K deal at Aligned - our biggest ever. But twice in the final weeks, it almost died. It was brutal. Two execs came out of nowhere with objections. We had no access. No time to fix it. But 22 (!!) stakeholders had already been engaged… And they saved it. That’s when it hit me: Multithreading isn’t a tactic. It’s deal insurance. Here’s the exact playbook we now run in every complex deal: 1. Early Exec-to-Exec Sponsorship Don’t wait until sh*t hits the fan. Initiate VP-VP or CXO-CXO alignment early. We send short, supportive emails without direct asks. Time after time, that builds genuine trust and establishes a safety net long before we need it. 2. Identify ‘Hidden Stakeholders’ Buyers often silently forward materials internally. By using Deal Rooms, we uncover up to 68% more stakeholders, often the real decision-makers influencing budget approvals or strategic buy-in. 3. Isolate Stakeholders 11 people on a call? You’re NOT multithreaded - it’s about quality, not volume. Our team opens separate 1:1 convos. They follow up with each buyer with next steps, suggestions or value that ties to something they said. 4. Proactive Signal-Based Engagement When stakeholders interact with key assets in the deal room, we use those signals to trigger follow ups - e.g. RevOps spends 20min on CRM integration; they might need more info, or could benefit from a dedicated session. 5. Multiple Champions Strategy Nothing beats having an army of internal champions instead of one. Whenever we see an opportunity to build champions, we do it. It derisks the deal in case someone leaves. Plus, budgets are shared, or are just easier to pass. 6. Real-time Alerts on New Stakeholders Our deal room sends instant alerts whenever there’s a new stakeholder (see #2). We then leverage this event as an opportunity for exec introductions or quick alignment note—”Hey, saw you joined the project”. 7. Support the Above-the-Line (ATL) Met an exec early? Keep them looped into POC updates, key milestones, or call takeaways. When we give regular status updates, it builds credibility and keeps momentum - as execs don't join every call, and appreciate the visibility. 8. Never Underestimate Below-the-Line (BTL) Decision-making today is flatter; end-users/junior stakeholders are increasingly influential. I’ve lost count on how many times AEs (our BTL buyers) were make or break in our deals. Give them genuine attention. Don’t underestimate any buyer. 9. Late-Stage Exec Reinforcement If a deal stalls, a concise, confident, personal email from me as CEO resets urgency. The message isn't pushy; it reinforces our shared vision, driving commitment. —— Multithreading isn’t a tactic. It’s insurance. A deal defense system. Built thread by thread, stakeholder by stakeholder. So when things break, and they will - You’re not the only one left to save it. P.S. The Deal Room we used to multithread is Aligned. It's free to try: https://lnkd.in/dYksGnfb

  • View profile for Murray Robinson

    Removing barriers and building capability to achieve results

    13,235 followers

    As a client project manager, I consistently found that offshore software development teams from major providers like Infosys, Accenture, IBM, and others delivered software that failed 1/3rd of our UAT tests after the provider's independent dedicated QA teams passed it. And when we got a fix back, it failed at the same rate, meaning some features cycled through Dev/QA/UAT ten times before they worked. I got to know some of the onshore technical leaders from these companies well enough for them to tell me confidentially that we were getting such poor quality because the offshore teams were full of junior developers who didn't know what they were doing and didn't use any modern software engineering practices like Test Driven Development. And their dedicated QA teams couldn't prevent these quality issues because they were full of junior testers who didn't know what they were doing, didn't automate tests and were ordered to test and pass everything quickly to avoid falling behind schedule. So, poor quality development and QA practices were built into the system development process, and independent QA teams didn't fix it. Independent dedicated QA teams are an outdated and costly approach to quality. It's like a car factory that consistently produces defect-ridden vehicles only to disassemble and fix them later. Instead of testing and fixing features at the end, we should build quality into the process from the start. Modern engineering teams do this by working in cross-functional teams. Teams that use test-driven development approaches to define testable requirements and continuously review, test, and integrate their work. This allows them to catch and address issues early, resulting in faster, more efficient, and higher-quality development. In modern engineering teams, QA specialists are quality champions. Their expertise strengthens the team’s ability to build robust systems, ensuring quality is integral to how the product is built from the outset. The old model, where testing is done after development, belongs in the past. Today, quality is everyone’s responsibility—not through role dilution but through shared accountability, collaboration, and modern engineering practices.

  • View profile for Vitaly Friedman
    Vitaly Friedman Vitaly Friedman is an Influencer

    Practical insights for better UX • Running “Measure UX” and “Design Patterns For AI” • Founder of SmashingMag • Speaker • Loves writing, checklists and running workshops on UX. 🍣

    224,214 followers

    🌱 Set Up UX Office Hours To Scale Up Your UX Impact (https://lnkd.in/eevRpdng), a neat idea to scale up UX impact when PM and Engineering teams outnumber designers — to help product teams that might not have direct access to design expertise and spread the value of UX across the entire organization. Neatly put together by Raquel Piqueras Herrero from Microsoft. 🤔 Designers are often outnumbered by PMs and engineers. 🚫 Non-designers across teams have little to no exposure to UX. 🚫 The outcome: poor, fragile end-to-end UX of siloed products. ✅ With UX office hours, we make UX available to other teams. ✅ It’s consultations for products without dedicated UX support. ✅ Set up 1h weekly meetings: recurrent, time-protected slots. ✅ Allow teams to book 20 mins to get feedback and UX support. ✅ Schedule meetings mid-week to allow for issues to emerge. ✅ Send a “how-it-works” email with sample topics/questions. ↳ E.g. accessibility, checkbox vs. radio, design system, mobile. 🚫 Some requests are full-feature work → you’ll need to pre-approve. ✅ Ask for product name, feature, PM, desired feedback, docs, links. ✅ In Jira, delegate small consults to UX office hours with tags/flags. ✅ Keep an archive of requests and solutions in a single Figma file. ✅ Keep tabs on similar patterns or issues emerging across teams. As designers, we are often reluctant to invite engineers or PMs to design meetings because they don’t really “get” UX. But nobody wants to create a poor UX intentionally. It happens because UX never gets a chance to be a part of a conversation. And too often there is no established line of communication to early flag critical design mistakes before they reach production. But just like designers need technical feedback to avoid late implementation challenges, engineers need UX feedback to avoid complaints and regressions. They want to optimize user efficiency and customer satisfaction, just like they want to optimize code quality and team workflow. Instead of building walls, invite teams to build bridges. But what if you set up UX hours — and absolutely nothing happens? I would try to move the needle by sprinkling a bit of UX within the QA process. For consistency, efficiency and compliance. Embed accessibility and usability as a part of the testing suite to reduce maintenance work and drive efficiency. As Raquel Piqueras Herrero noted, “typically there is a clear need for clarity and a strong appetite for quality work.” I can only wholeheartedly agree with it. I’m yet to try out UX Office Hours, but you shouldn’t be surprised if, once set up, your UX office hours will be fully booked before you even blink. Useful resources: The Power Of Office Hours, by Alex Jones https://lnkd.in/eQCSdikV [continues in comments ↓]

  • View profile for Kevin Donovan

    Empowering Organizations with Enterprise Architecture | Digital Transformation | Board Leadership | Helping Architects Accelerate Their Careers

    20,298 followers

    𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭: 𝐌𝐞𝐞𝐭 𝐓𝐡𝐞𝐦 𝐖𝐡𝐞𝐫𝐞 𝐓𝐡𝐞𝐲 𝐀𝐫𝐞 Enterprise Architecture abhors a vacuum—it thrives on stakeholder engagement. Often, architects jump into collaboration without first assessing one critical factor: • 𝐖𝐡𝐚𝐭 𝐝𝐨 𝐬𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐤𝐧𝐨𝐰, 𝐚𝐧𝐝 𝐛𝐞𝐥𝐢𝐞𝐯𝐞, 𝐚𝐛𝐨𝐮𝐭 𝐄𝐀? Before strategy, frameworks, or roadmaps, 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐚𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬, 𝐩𝐞𝐫𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐬 and 𝐞𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧𝐬. This will shape how you approach, gain buy-in, and drive outcomes. Here are 𝐭𝐡𝐫𝐞𝐞 𝐞𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐦𝐨𝐯𝐞𝐬 for aligning EA with stakeholders: 𝟏 | 𝐆𝐚𝐮𝐠𝐞 𝐄𝐀 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐁𝐞𝐟𝐨𝐫𝐞 𝐄𝐧𝐠𝐚𝐠𝐢𝐧𝐠 EA means different things to people, how can you align? Approach: * 𝐀𝐬𝐬𝐞𝐬𝐬 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐤𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞. What do leaders think EA does? What experiences shape their view? * 𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐄𝐀 𝐢𝐧 𝐭𝐡𝐞𝐢𝐫 𝐥𝐚𝐧𝐠𝐮𝐚𝐠𝐞. If a product saw EA as 'overhead,’ shift the conversation to ‘rapid decision-making.’ * 𝐓𝐚𝐢𝐥𝐨𝐫 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐛𝐲 𝐚𝐮𝐝𝐢𝐞𝐧𝐜𝐞. Finance, operations, and IT leaders have different concerns. Meet them on their terms. 👉 𝐎𝐮𝐭𝐜𝐨𝐦𝐞: When you shape EA’s role based on their reality, it becomes relevant, not theoretical. 𝟐 | 𝐀𝐥𝐢𝐠𝐧 𝐄𝐀 𝐭𝐨 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬 EA isn’t all architecture, it’s solving business problems. Approach: * 𝐒𝐭𝐚𝐫𝐭 𝐰𝐢𝐭𝐡 𝐊𝐏𝐈𝐬. Growth? Efficiency? Risk? Align EA contributions to what leadership interests. * 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐭𝐨 𝐢𝐦𝐩𝐚𝐜𝐭. Show architecture driving go-to-market, savings, or agility—over compliance. * 𝐀𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞/𝐫𝐞𝐦𝐨𝐯𝐞 𝐫𝐨𝐚𝐝𝐛𝐥𝐨𝐜𝐤𝐬. If EA was a bottleneck, demonstrate accelerated decision-making instead. 👉 𝐎𝐮𝐭𝐜𝐨𝐦𝐞: EA is a strategic enabler, not afterthought. 𝟑 | 𝐁𝐮𝐢𝐥𝐝 𝐄𝐀 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧 EA works best in collaboration, not isolation. Approach: * 𝐄𝐦𝐛𝐞𝐝 𝐚𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐬 ���𝐧𝐭𝐨 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧𝐬. Decision-making improves when EA is a proactive presence. * 𝐒𝐡𝐢𝐟𝐭 𝐟𝐫𝐨𝐦 ‘𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐢𝐧𝐠 𝐄𝐀’ 𝐭𝐨 ‘𝐜𝐨-𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬.’ Stakeholders engage when architecture is a tool for their success. * 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭, 𝐧𝐨𝐭 𝐨𝐧𝐞-𝐨𝐟𝐟. EA isn’t a pitch—it’s a dialog evolving with business. 👉 𝐎𝐮𝐭𝐜𝐨𝐦𝐞: EA shaping decisions early rather than reacting later. 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐞𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐬𝐭𝐚𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠. Before pushing frameworks or models, assess 𝐰𝐡𝐚𝐭 𝐄𝐀 𝐦𝐞𝐚𝐧𝐬 𝐭𝐨𝐝𝐚𝐲—and how to reshape that narrative to unlock its full potential. How do align EA stakeholders? Let’s discuss.👇 --- ➕ 𝐅𝐨𝐥𝐥𝐨𝐰 Kevin Donovan 🔔    👍 Like | ♻️ Repost | 💬 Comment    🚀 𝐉𝐨𝐢𝐧 𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐬’ 𝐇𝐮𝐛 👉 https://lnkd.in/dgmQqfu2

  • View profile for Josh Aharonoff, CPA
    Josh Aharonoff, CPA Josh Aharonoff, CPA is an Influencer

    Building World-Class Financial Models in Minutes | 450K+ Followers | Model Wiz

    480,676 followers

    How to Extract Information from Stakeholders 🎯 Getting accurate information from stakeholders can make or break your financial planning process. Each stakeholder speaks a completely different language and focuses on totally different metrics. The secret? Knowing exactly what to ask and how to ask it. ➡️ CEO CONVERSATIONS CEOs think big picture, so focus on strategic direction and vision. You want company strategies for next quarter, budget allocation expectations, risk tolerance levels, and market positioning goals. The money question: "What are the top 3 strategic priorities that should drive our Q4 planning?" ➡️ HEAD OF SALES Sales leaders live and breathe pipeline projections and customer acquisition costs. Get those sales pipeline projections, customer acquisition costs, territory performance data, and resource requirements for targets. My go-to approach: "What's the realistic revenue projection for Q4, and what support do you need?" ➡️ MARKETING DIRECTOR Marketing lives for lead generation and brand metrics. You need campaign performance metrics, lead generation forecasts, brand awareness initiatives, and marketing budget requirements. Hit them with: "How many qualified leads can marketing deliver to support the sales targets?" ➡️ HR MANAGER HR thinks talent and workforce planning 24/7. Grab headcount projections, recruitment timelines, employee retention rates, and training and development needs. Start here: "What's our hiring timeline to support the growth plan, and any retention concerns?" ➡️ ENGINEERING LEAD Engineering leaders obsess over product development roadmaps. Collect that product development roadmap, technical debt priorities, infrastructure requirements, and team capacity information. The must-ask question: "What features can be delivered by Q4, and what technical investments are critical?" ➡️ ACCOUNTING MANAGER Accounting thinks financial health and compliance every single day. Get cash flow projections, budget variance analysis, financial compliance requirements, and cost optimization opportunities. The essential question: "What's our cash flow outlook, and are there any financial constraints for our growth plans?" ➡️ UNIVERSAL BEST PRACTICES These six practices work with EVERY stakeholder: Be Specific: Ask for concrete numbers, dates, and measurable outcomes rather than vague commitments. Respect Their Time: Come prepared with focused questions and provide context upfront. Speak Their Language: Use terminology and metrics relevant to their department and priorities. Validate Understanding: Repeat back key points to ensure alignment and avoid miscommunication. Follow Up: Send summaries of key decisions and next steps within 24 hours. Close the Loop: Show how their input directly influences decisions and outcomes. === What's your approach to stakeholder communication? Share your best practices in the comments below 👇

  • View profile for Rajesh Reddy

    Co-founder & CEO at Venwiz | AI-Enabled Supply Chain Solution | Intelligent Expediting | Agent led RFQ Processing

    8,697 followers

    𝐈𝐧 𝐯𝐞𝐧𝐝𝐨𝐫 𝐧𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐢𝐨𝐧𝐬, 𝐟𝐚𝐢𝐥𝐢𝐧𝐠 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐲𝐨𝐮𝐫 𝐧𝐮𝐦𝐛𝐞𝐫𝐬 𝐢𝐬 𝐚 𝐝𝐢𝐫𝐞𝐜𝐭 𝐭𝐡𝐫𝐞𝐚𝐭 𝐭𝐨 𝐲𝐨𝐮𝐫 𝐩𝐫𝐨𝐣𝐞𝐜𝐭’𝐬 𝐬𝐮𝐜𝐜𝐞𝐬𝐬. Preparation is the backbone of every successful vendor negotiation. When you understand your costs, set clear terms, and align on value, you’re building not just a contract but a reliable partnership. Here are some of the best practices we have learned for effective vendor negotiations at Venwiz: 1. 𝐃𝐚𝐭𝐚-𝐃𝐫𝐢𝐯𝐞𝐧 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐬: Arriving at project cost estimation through detailed cost analysis sets a solid foundation. Use methods like Zero-Based Costing for detailed estimations, apply inflation adjustments to the last purchase cost, or use weighted averages from multiple quotes. When vendors see that you know your numbers, it builds credibility and respect, setting the stage for more productive discussions.     2. 𝐒𝐞𝐭 𝐂𝐥𝐞𝐚𝐫, 𝐀𝐜𝐡𝐢𝐞𝐯𝐚𝐛𝐥𝐞 𝐓𝐞𝐫𝐦𝐬: Define concrete targets for service levels, timelines, and ceiling costs. A well-defined service agreement—including specifics like payment schedules, quality & safety standards, and warranty terms—establishes a strong foundation. This clarity avoids misunderstandings and creates a structure that supports efficient, respectful negotiations.     3. 𝐋𝐨𝐨𝐤 𝐁𝐞𝐲𝐨𝐧𝐝 𝐁𝐮𝐝𝐠𝐞𝐭 𝐭𝐨 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐕𝐚𝐥𝐮𝐞: Budget matters, but so does value alignment. Quality vendors look for clients who understand this. Show commitment by offering flexibility in terms, such as adjusting payment timelines or considering future projects. If a vendor can provide an extended warranty or additional service terms, it may justify a slightly higher costs if it aligns with your project’s goals.     4. 𝐇𝐚𝐯𝐞 𝐚 𝐁𝐀𝐓𝐍𝐀 (𝐁𝐞𝐬𝐭 𝐀𝐥𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐯𝐞 𝐭𝐨 𝐚 𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐞𝐝 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭): Always have a clear fallback plan. A strong BATNA isn’t just a backup; it’s a powerful leverage tool that ensures you’re negotiating from a position of confidence rather than necessity. In vendor relationships, the best negotiations are built on value, transparency, and mutual respect. When both sides understand the stakes and goals, you pave the way for enduring partnerships that drive long-term results. 𝐖𝐡𝐚𝐭 𝐧𝐞𝐠𝐨𝐭𝐢𝐚𝐭𝐢𝐨𝐧 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐡𝐚𝐯𝐞 𝐲𝐨𝐮 𝐟𝐨𝐮𝐧𝐝 𝐦𝐨𝐬𝐭 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐢𝐧 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐬𝐭𝐫𝐨𝐧𝐠 𝐯𝐞𝐧𝐝𝐨𝐫 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬? 𝐋𝐞𝐭’𝐬 𝐥𝐞𝐚𝐫𝐧 𝐟𝐫𝐨𝐦 𝐞𝐚𝐜𝐡 𝐨𝐭𝐡𝐞𝐫—𝐬𝐡𝐚𝐫𝐞 𝐲𝐨𝐮𝐫 𝐭𝐢𝐩𝐬 𝐛𝐞𝐥𝐨𝐰! #Venwiz #CapEx #Procurement

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