January 12, 2024
What are the top tech trends & industries today? In this episode of the Product Leaders to Watch series with Cognizant Product Director Chenny Solaiyappan, Amazon Head of Product Rekha Venkatakrishnan speaks on her background in product management and engineering, emphasizing the importance of customer centricity and simplicity. She shares her views on exciting industries and tech trends, including fintech, healthcare, sustainability and more. Rekha provides a framework for evaluating great products based on functionality, psychological impact and economic factors.
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Show Notes
- Customer centricity, empathy and simplicity should be at the core of product design.
- Products should prioritize usability over documentation.
- Exciting industries to watch include retail, fintech, healthcare, sustainability, tourism and food tech.
- Emerging technologies like AI, IoT, AR/VR, quantum computing and robotics have potential across many sectors.
- Industries and technical trends often intersect and advance each other.
- Loneliness is a health issue that technology could help address for seniors.
- When evaluating products, consider functionality, psychological impact and economic factors.
- A balanced mix of hard and soft skills is important for product managers.
- EQ and IQ are both crucial qualities for product leaders.
- Willingness to take risks and learn from failures helps product growth.
- Products should aim for “great” rather than just “good.”
- Intuitive, easy-to-use designs can elevate products.
- Deep understanding of customer needs is key.
- Build for passion, not just directives.
- Iterative learning occurs over a career, not overnight.
- Mentorship benefits the development of new product talent.
- Industries and trends intersect in addressing real-world problems.
- Psychological connections increase product loyalty.
- Products should drive meaningful impact or savings.
- Simplicity is a form of creativity in product design.