Lenny’s Podcast · Podcast episode · Product strategy & vision · Execution, roadmaps & process

An inside look at how Miro builds product: Lessons on outmaneuvering competitors, team structure, product quality, and moving fast

Lenny Rachitskywith Varun ParmarApr 20, 2023105 min♥ 58
SourceLenny’s Podcast
KindPodcast episode
PublishedApr 20, 2023
Readers♥ 58
Originallennysnewsletter.com ↗
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Varun Parmar, Chief Product Officer of Miro, discusses how Miro organizes its distributed product organization, competes against well-funded rivals, and balances speed, quality, and roadmap planning. The conversation covers team structure, competitive strategy, operating rituals like rolling roadmaps and OKRs, and Miro's product-led growth engine.

01Key learnings

  • Organize product teams around personas rather than only outcomes, and embed cross-functional roles like product marketing and analytics in each stream so features get checked from multiple angles.
  • Treat every release as a move in the competitive game: each shipped change either improves or weakens your position relative to rivals, which adds clarity to bet-making.
  • Be the first to hit the learning wall in competitive markets, since speed of learning often determines who wins, even if that means moving fast before the path is fully clear.
  • Make blockers visible instantly: encourage PMs to raise their hand when blocked and have leadership resolve issues quickly to build momentum and trust.
  • Measure cycle times from insight to shipped value and benchmark teams against each other, using the data as a self-comparison tool rather than a competition.
  • Calibrate quality by showing concrete examples of great versus weak work rather than writing lengthy definitions, then classify shipped work as high or not high quality on a regular cadence.
  • Use a rolling six-month roadmap with decreasing commitment levels over time (roughly 80% for the first three months, 50% after), so teams can pivot without penalty while still giving enterprise customers visibility.
  • Allocate investment across horizons roughly 70% core business, 20% adjacent growth, and 10% next-generation bets, with 20 to 40% of team capacity often reserved for platform and technical work.
“every single time somebody is pushing your code to production and you're releasing a feature or an enhancement, you are making the product better or…”Varun Parmar · Lenny’s Podcast · 00:00:00
“one of the core philosophies that I have, Lenny, is that the success of a company is a direct relation of what the competition allows…”Varun Parmar · Lenny’s Podcast · 00:25:24
“you want to be the first one to hit the brick wall”Varun Parmar · Lenny’s Podcast · 00:33:14

02Frameworks mentioned

Summary and takeaways written by PM Atlas; quotes are short excerpts. © the original author.