My favorite books for new software product managers

Patton’s book is an amazing introduction to modern product management techniques, both from a practical and theoretical view. It introduces story mapping as a practical technique that you’ll be able to use immediately to start making sense of large plans and visualizing product ideas. More importantly, Patton uses this technique as an excuse to introduce readers to principles such as focusing on outcomes over outputs, working closely with users and iterative delivery, and experimentation. 

The book is a gateway drug for new product managers. It is an easy read and will get you hooked on modern ways to ensure that both users and stakeholders get value from your products. It helps people get started easily in a new role and provides a great foundation for going deeper into this field.

Other books will teach you to focus on outcomes, but then the next question is what kind of outcomes are worth focusing on. This is where Lean Analytics comes in. The real gem from this book is the model of Five Stages of Growth, suggesting a typical progression of outcomes that product managers should follow when growing a product from an idea to a marketplace winner. It’s an invaluable thinking tool for new and experienced product managers alike. In addition, the book documents what kind of metrics various successful products tracked throughout growth, and provides some amazingly useful reference values for key business metrics for different categories of software products.

This book is great as an introduction to business metrics for new product managers, focusing specifically on software products. I recommend reading this before any other metrics book, as it’s very practical and relatable.

Cagan’s book is a deep dive into the principles of modern product management. It expands on the theoretical ideas that Patton introduces in User Story Mapping, and provides many additional tips for engaging customers, experimenting with product ideas, and tracking outcomes. In addition, it deals with the organizational side of product management, so it will be valuable to people working for larger companies that need to manage staff and set up company-wide processes.

Reading this book will help you expand your views of product management, and add lots of additional tools to your thinking process.

Hubbard’s book is a great way to expand and formalize outcome measurements beyond the basics. This book will help you figure out the right ways of measuring. The big idea from How to Measure Anything for me was how it's better to focus on reducing uncertainty instead of being precise. More gems are techniques for modelling the value of information, and different approaches to evaluating outcomes.

Unlike other books, How to Measure Anything isn’t specific to software products, or product management. It’s a book about general business measurements and might be a bit too much math for some people, but skip the boring parts. The thinking models in this book will save you a lot of time and help you measure what’s important, not just what’s easy.  

Four Disciplines of Execution is a great summary of the essential ideas on how to turn plans into outcomes, based on wide industry research that compared exceptional performers to teams that just wasted time. The real gem in the book is distilling the difference between lagging and leading indicators, and providing models for measuring value in the short term, so you can focus the work of your teams. 

The authors distilled the ideas into a simple model with a very clear vocabulary, that you’ll be able to use with your colleagues and stakeholders to speed up the discussions. For that alone, even if you’re up to date with modern product management methods, you should definitely read this book.