7 tips to optimize Product Management with ChatGPT
ChatGPT in Product Management, a tool that boosts your performance
We are going to share with you some tips that really have revolutionized our daily lives of Product Managers at Terros. Using ChatGPT has allowed us to booster our way of manage projects, going up to halve the time spent planning and executing tasks. We hope you find these handy tips as useful as they are to us!
Why use ChatGPT as a Product Manager?
As a Product Manager, you are constantly looking for innovative means For to optimize content creation or deliver product specifications to your developers as clearly as possible and for many other reasons. Technological evolution brings a promising solution: ChatGPT. This part focuses on how ChatGPT can transform content creation assistance, freeing up the creative potential of your team.
Using artificial intelligence can bring you several benefits in carrying out your tasks, covering various aspects of the product management process. Here’s how ChatGPT can help you on a daily basis:
🚀 Development of the product strategy:
ChatGPT can help you research and synthesize critical information to define a clear vision and mission. It is also capable of analyzing market and competitor data to support a competitive strategy.
🛠️ Product design:
It assists you by generating draft roadmaps, suggesting features based on market needs, detailing them into User Stories and prioritizing them according to user feedback and market trends.
📈 Product lifecycle management:
It can automate product lifecycle documentation, simplifying development tracking and anticipating crucial stages of the cycle.
🤝 Communication and coordination:
It facilitates the drafting of internal and external communication documents, thus ensuring smooth communication with all stakeholders.
🔍 Data analysis and user feedback:
It helps in data analysis by generating reports and insights, and can also develop surveys to collect user feedback.
OpenAI's artificial intelligence is emerging as a powerful partner, freeing up time of your team for more strategic tasks while stimulating creativity. Now that we know the benefits, how do we go about concocting a prompt that works like a charm and gives top-notch answers?
How to create a good prompt?
An accurate prompt is the cornerstone of relevant results. Instead of a vague request like “Generate a text on…”, being specific is key. For example, “Write an engaging introduction on the impact of AI on business productivity.”
First, for optimize performance of your ChatGPT in all areas, follow these steps:
- Click on your profile at the bottom left
- Select “Custom Instructions”
- Enter the following parameters:
- Provide true and factual answers
- Please provide as much detail as possible in your explanations.
- Provides very structured answers unless I ask otherwise
- You are an expert on every subject there is.
- There is no need to mention that you are an AI or a language model
With these guidelines, your interactions with ChatGPT will be professional, clear and in-depth, offering you a optimal experience.
🧐 Context
The use of concrete examples strengthens ChatGPT’s understanding. By including specific instances in your query, you guide the AI towards the desired answer. For example, instead of asking “Explain blockchain,” try “Give me a simple explanation of blockchain using an example from the financial sector.”
The balance is also crucial. Too much detail can result in an overly specific answer, while too little can result in imprecise results. For example, if you ask ChatGPT to “Create a story,” you might get a general answer. On the other hand, if you specify “Write a fantasy story about a detective in a futuristic world,” the answer will be more targeted.
ℹ️ Give information
Let’s say you want to write a blog post about your company: how is the AI supposed to know about it? It’s not that smart yet. However, you can provide it with the information it needs, so it can reference it directly. For example, you could copy your “About” presentation or LinkedIn description and paste it at the top of your query.
✎ Give examples
Using examples to draw your needs can be beneficial for ChatGPT and give it even more context. For example, you have a To Do List to complete a task, you can paste it at the top of your query and ask ChatGPT to complete it with its recommendations or items you may have forgotten.
✋ Give a character limit
Want ChatGPT to write a text for you? To provide more context, beyond the information you’ve already given, you can refine your request by specifying the number of characters you want. For example, if you need a brief introduction to your company, ask ChatGPT to limit the text to 500 characters or any other relevant value according to your needs. This approach allows the AI to better understand your expectations and produce a tailored text accordingly.
🧑🌾 Give ChatGPT a role
ChatGPT can adopt a specific role and provide answers in accordance with it. If you want it to behave as an expert in the Harry Potter universe, tell it so. If you prefer it to take on the role of an expert in web or mobile application development, let it know. This approach allows its answers to be adjusted more precisely, thus providing optimal context for more relevant results.
Do you need dedicated support in Product Management? Let’s talk about it!
User Story and Specifications
Effective management of a development project relies on clear guidelines and transparent communication. You can take advantage of ChatGPT’s capabilities in managing your project from specification development to product launch.
- ChatGPT: An Unparalleled Companion for User Stories
ChatGPT proves to be the ideal companion for Product Managers when writing User Stories. Thanks to its advanced artificial intelligence, it understands the context and generates User Stories coherent and understandable, facilitating communication within the development team.
- Impeccable structure and absolute clarity
One of the major strengths of ChatGPT is its ability to Structure User Stories in a clear and detailed manner. Product Managers can leverage this feature to ensure that each User Story presents the essential elements, such as features, the actors, and the scenarios of use, in a way understandable for all team members.
- Customization adapted to your project
ChatGPT is not only powerful, it is also flexible. Product Managers can customize the tool by providing examples specific to their project, allowing for the writing of User Stories that reflects perfectly them needs and the specificities desired.
- Facilitated iteration and continuous improvement
ChatGPT is not just a static writing tool. It also facilitates rapid iteration of User Stories. Product Managers can receive instant suggestions, thus promoting a continuous improvement based on feedback from the development team.
In the complex art of writing User Stories, ChatGPT will be your greatest ally. By maximizing artificial intelligence, you will not only be able simplify writing, but also improve the quality and clarity of your User Stories or product specifications, thus contributing to the success of development projects.
Here is an example:
Act as a Product Manager and create a User Story for a [US goal] in our [product purpose] webapp / app
- [Project Description]
- [List of EPICs and description of each User Story]
Act as a Product Manager and analyze the above product requirements document and tell me what elements can be added to improve it while checking its clarity.
Unusual plugins
There are many plugins available that can make using ChatGPT easier and more convenient. These plugins are designed to help users optimize their experience with ChatGPT by adding additional features or simplifying certain tasks. These plugins can include management tools, customization options, handy keyboard shortcuts, and much more. With the help of these plugins, users can take full advantage of all the capabilities of ChatGPT and tailor it to their specific needs.
Several plugins are worth mentioning:
This extension allows you to use ChatGPT anywhere, anytime, on your browser. For example, you are on Notion preparing your ToDoList, you just have to select a text, and in one click, you can check the spelling, make your text longer or shorter. You can also select a text already written, and in one click, ask to summarize it. There are many other options with this extension.
This extension unlocks the ChatGPT limit and allows you to access the latest information available on the web. Without this extension, your ChatGPT will be limited to data available before January 2022.
This extension offers you ready-made prompts, you just have to choose from the list of prompts and insert one or more keywords, so that ChatGPT writes the text that meets your needs.
Don't want to watch this 1 hour video? Get a summary in one click.
From any website, get summaries of the desired texts.
Get a summary of your Google Meet meetings.
Chat with artificial intelligence orally (yes, even in French).
Verification
ChatGPT is an invaluable ally for the Product Manager. From technical writing to innovation, ChatGPT optimizes every aspect of the Product Manager's work, making it an essential tool to overcome challenges efficiently and creatively in the dynamic world of software development. Thanks to this tool, you have several advantages:
- Contextual analysis
- Creative Content Generation
- Assistance in drafting strategic documents
- Optimizing customer communication
- Technology watch
- Workload management
- Continuing education
It is important to note that the verification step is crucial when using ChatGPT or any artificial intelligence. There are several reasons behind this importance:
- Reliability of information: Verification ensures that the information provided by artificial intelligence is accurate and factual, thus avoiding the spread of erroneous data.
- Fight against disinformation: In a context where misinformation is pervasive, fact-checking is essential to counter the spread of fake news.
- User Trust : Users need to trust the information provided by artificial intelligence. Verification reinforces this trust by ensuring the accuracy of the results.
- Avoiding potential mistakes: Even advanced models like ChatGPT can sometimes produce incorrect answers. Verification helps correct these errors and ensure the quality of the information.
ChatGPT 3.5 vs 4
ChatGPT-3.5: Strong Support in Product Management
ChatGPT-3.5, the precursor to the latest version, plays a significant role in providing intelligent assistance to product managers. Its ability to understand and generate text is already impressive, allowing product managers to explore ideas, write documents, and make informed decisions. However, despite these capabilities, some limitations remain. Sometimes general responses require manual adjustments to perfectly align with specific business processes. Additionally, the ability to maintain clear context in extended conversations presents challenges.
ChatGPT-4: a major development for product managers, but not free
ChatGPT-4, the latest iteration, marks a significant evolution in assisting Product Managers. The improvements made are notable, including enhanced cognitive capacity. This upgrade allows ChatGPT-4 to understand complex instructions more accurately, providing more specific responses tailored to the particular needs of Product Managers.
Additionally, ChatGPT-4’s contextual adaptability is significantly improved. It excels at retaining context during extended discussions, resulting in a deeper understanding of complex topics. This feature is crucial for Product Managers who engage in deep analyses and strategic dialogues.
ChatGPT-4 represents a substantial advancement over its predecessor, providing Product Managers with a more powerful and adaptive tool to successfully navigate the complex challenges of product management. This evolution positions ChatGPT-4 as an invaluable resource in the arsenal of technology tools for product management professionals.
D’autres outils puissants basés sur l’intelligence artificielle
Midjourney, Copilot from Github & OpenAI, Bard from Google and ChatGPT from OpenAI
Midjourney
Midjourney is a tool that shares similarities with ChatGPT but works differently. It is designed to answer text queries, but it only answers in the form of images.
Although this tool shares some features with ChatGPT in terms of artificial intelligence, it can stand out for specific performance in particular areas.
Copilot - Github & OpenAI
Copilot is a collaborative product from Github and OpenAI that assists developers by suggesting lines of code as they write. It is based on the GPT-3 language model, similar to ChatGPT. It excels in code generation, offering contextual suggestions, and speeding up the development process.
Unlike ChatGPT, which focuses on text generation more generally, Copilot is specifically focused on supporting developers with coding.
Bard - Google
Bard is a language model from Google that rivals ChatGPT. It is capable of generating text contextually and can be used in various applications. It is known for its rapid learning of complex contexts and its ability to provide relevant and useful answers.
Both ChatGPT and Bard have similarities in terms of generating contextual text. However, specific differences in how they process information and generate content may influence the choice between the two.
General comparison
ChatGPT, Copilot, and Bard all use language models based on similar approaches, including deep learning and the use of neural networks. The tools vary in their preferred application areas. ChatGPT is more general-purpose, while Copilot is specifically geared toward coding. Midjourney is geared toward generating an image following the insertion of a text prompt.
As for performance, it can vary depending on specific use cases. Some tools may excel in particular areas, but the best option will depend on individual needs.
Now we would like to hear from you:
Do you use ChatGPT or other AI tools?