Hedging Your Bets – Lucie McLean on the Product Experience "Product people - Product managers, product designers, UX designers, UX researchers, Business analysts, developers, makers & entrepreneurs July 07 2019 True podcast, product management, Product Management Skills, The Product Experience, Mind the Product Mind the Product Ltd 472 Lucie McLean Product Management 1.888

Hedging Your Bets – Lucie McLean on the Product Experience


Lucie McLeanLucie McLean started on mobile products before the launch of the iPhone – she once held a phone for an illustration in a BBC article, and as a result, has some of the most famous hands on the internet. She joined us to talk about some of the things she’s learned from her long career at the BBC (including the Olympics and Children’s products), especially why product managers and hedge fund managers do the same job.

Lucie’s talk at MTP Engage (Manchester, 2019) is the ideal complement to Ken Norton’s 10x not 10% talk – and gives some great, practical advice for how to make use of the concepts.

Quote of the Episode

How much have you got to spend? When do you expect to get a return? And how willing are you to lose it?

Listen if you’d like to learn more about

  • Managing portfolios
  • Managing expectations
  • Under-valuing and over-valuing ideas
  • Working with children

Links mentioned in this episode


The Product Experience is hosted by Lily Smith and Randy Silver.

Lily enjoys working as a consultant product manager with early stage and growing startups and as a mentor to other product managers. Lily has spent 13 years in the tech industry working mainly with startups in the SaaS and mobile space. She has worked on a diverse range of products – leading the product teams through discovery, prototyping, testing and delivery. Lily also founded ProductTank in Bristol, the Product Managers’ meetup with regular events and talks on Product now with 800+ members and growing. Now the Product Director at Symec, Lily also runs ProductCamp in Bristol & Bath.

A recovering music journalist and editor, Randy has been working as an interactive producer and product manager across the US and UK for nearly 20 years. After launching Amazon’s music stores in the US and UK, Randy has worked with museums and arts groups, online education, media & entertainment, retail and financial services. He’s held Head of Product roles at HSBC and Sainsbury’s, where he also directed their 100+-person product community. Now a trainer, Discovery and Leadership consultant, he’s spoken at Mind the Product Engage (Hamburg and Manchester), at a number of ProductTanks (London, Zurich, Manchester, Birmingham, Bristol, Oxford, and Brighton… so far!) and at conferences across the US and Europe.

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Our theme music is from Hamburg-based Pau, featuring ProductTank Hamburg’s own Arne Kittler on bass. Listen to more on their Facebook page

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