Easy concepts in Product Management, page 8
Data Literacy: Reading the Story in the Numbers
Data literacy is reading comprehension for numbers. It's the ability to turn raw data into a coherent story, a crucial skill for anyone using dashboards or A/B test results. The biggest footgun is confusing correlation with causation.
HiPPO: Highest Paid Person's Opinion
HiPPO stands for "Highest Paid Person's Opinion," where a senior leader's gut feeling overrules data. This occurs when deciding on features without A/B tests. The footgun: a HiPPO's intuition can kill great ideas or greenlight costly failures.
Single Source of Truth (SSOT): One Place for Every Fact
A Single Source of Truth (SSOT) means every piece of data has one authoritative home. Instead of emailing report_v3.docx, you share one link. This prevents conflicts between billing and shipping data.
We are hiring for this. Every open role lists the topics its interview covers, so you can prepare for the real thing rather than guessing.
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