Unless you’re living under a rock, you may have deduced that we’re heading for a recession, caused in part by the mix of proactive and reactionary measures taken to reduce inflation by raising interest rates.
Econ 101 tells us this leads to slow down, because funding is more expensive, and Venture Capital gets tighter. Therefore, there’s more scrutiny around what actually gets built — leading to a slowdown in net new as well as for current business. Less being built means less demand even for what’s out there, and this continues to trickle down to affect all business.
Economics aside, it simply means that things could move at a slightly slower pace for the foreseeable future. (Obviously this is industry-dependent, for some this could actually mean quite the opposite.)
But I’m finding this time to be downright soothing, why?
Slower times give me a more time to be a PM.
More time to think, plan features, and prioritize effectively
In our product org, we’ve been in a maturing phase of ensuring that with everything we build we are defining supporting evidence of the need for new features, success metrics, performance indicators, release plans, and crystal clear acceptance criteria. In a fast-paced environment, this isn’t always easy.
Slow times provide the time to be crystal clear on requirements, get ahead with UX…
