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Susan Mills

Product Leader | Fintechs+ | Startup, Midsize, Global Expansion | Novelist | Producing Great Product Experiences Through Dynamic Digital & Intuitive Customer UX

Susan Mills is a dynamic professional known for her ability to blend creativity, curiosity, resilience, and empathy in the fintech and payment sectors. With a background that includes experience in theater, technology, and systems analysis, she excels in product management with a focus on innovation and empathy. Susan has a track record of driving transformative growth and innovation in various companies, from startups to established firms. She has a proven expertise in startup scaling, operational excellence, innovation leadership, and fostering cross-functional collaboration. Susan's educational background includes a Bachelor's degree in Computer Science and diplomas in Computer Repair & Network Administration, as well as System Analysis & Computer Programming.

Highlights

Apr 15 · linkedin

Wrapping up the latest series. As a product leader in fintech especially, integrating customer-centric innovation, agile and collaborative teamwork, strategic partnerships, emerging technologies, regulatory compliance, and data driven strategies into your product life can add to the complexity of your process, but it is also the key to success when balanced correctly.

To ensure your product and your role as a product manager is successful, measure what matters and allocate your time wisely. Ensure you have a balanced approach to leading and innovating in the fintech space.

Here's the skinny on measuring your product's pulse: 😍 Customer Satisfaction Scores: A direct line to how well you're meeting user needs. 😊 Delivery Velocity: Gauges the agility and efficiency of your teams but also how well your team is understanding your requirements. 😎 Partnership Value: Assesses the ROI from strategic alliances. 😃 Tech Adoption Rate: Tracks how quickly new tech gets integrated and utilized. 😱 Compliance Metrics: Ensures you're in line with regulatory standards.

Time allocation is more art than science, shifting based on resources, product types, and budget runway. Flexibility is your friend as you balance strategy, development, go-to-market tactics, partnerships, and client relations.

How much time you allocate to each of the areas a product manager must care about may depend on what stage your product is in. These should fit your specific needs, but here is a good place to start: 💠 For a new experimental product, allocate 40% to R&D, 30% to customer engagement, 15% to strategy and roadmap, and 15% to market analysis. 💠 For a mature product, focus 30% on optimization, 25% on market expansion, 25% on customer retention, and 20% on partnerships. 💠 For Lean products allocate 35% to product development, 25% to customer feedback, 20% to strategic partnerships, and 20% to go-to-market strategies.

With expertise in fostering innovation, building dynamic teams, and harnessing data-driven strategies, I'm equipped to propel your company forward. Let’s connect. #productleader #fintechs #productmanagement #opentohire #opentoconnect #openforwork

Apr 8 · linkedin

Diving into data strategies in fintech is like unearthing hidden treasures. It's not just about hoarding data; it's about making it tell tales of user behaviors, market trends, and untapped opportunities. This can help you measure your business and product successes, and determine your next strategic play and customer pulse. To not include data analytics and strategy as part of your product management tool kit is like letting Earl, the time/space travelling caffeine loaded cat loose in a herbal tea factory, chaos and disappointment, with no results to show for it.

There are some simple steps to ensure you add to your process, here are a few basic ones to consider: 🌟 Data Collection: Implement systems to gather comprehensive user and transaction data. 🌟 Analysis and Insights: Use analytics tools to derive actionable insights from the data. 🌟 Data-Driven Decision Making: Integrate these insights into product development and strategy.

Key Takeaways: In fintech, data is the compass that guides product innovation, customer satisfaction, and competitive edge. Key metrics include user growth rate, churn rate, transaction volume, and customer lifetime value.

If you're steering an organization eager for growth, transformation, or market expansion and value strategic product leadership to navigate these challenges, let's connect. Let’s discuss how we can collaborate to unlock new potentials and drive your business towards its ambitious goals.

#dataanalytics #datadrivendecisions #productinnovation

Susan Mills
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Location

Charlotte, North Carolina, United States