The 3 P's of a Great Product Culture: Play, Purpose, & Potential - Deepstash
Behavioral Economics, Explained

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Behavioral Economics, Explained

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Building a product culture

As product leaders, it is your task to build a great product culture.

This prevents ineffective product management and helps to reduce churn. Generally, it gives the people you work with the opportunity to grow.

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Three pillars of motivation

Product teams need to understand human motivation and psychology. Entrepreneurs Neel Doshi and Lindsay McGregor state that there are three pillars of motivation:

  • Play: The number of tasks, projects, and priorities can feel overwhelming. But keeping a sense of fun brings innovation and creates value to customers.
  • Purpose: A person wants to feel like their work is meaningful and builds a better world.
  • Potential: A person needs to know that there is an opportunity for growth and advancement.

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IDEAS CURATED BY

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"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson

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