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Fearless: How to Transform a Services Culture and Successfully Productize

Written for product and company leaders at B2B professional services organizations who are eager to tech-enable, or productize, their services.

Cover of Fearless by Eisha Armstrong with Jaime Drennan and Molly Tipps
About the book

Fearless

How to Transform a Services Culture and Successfully Productize

By Eisha Armstrong with Jaime Drennan and Molly Tipps · Published by Vecteris · 2023

Transforming a B2B services business model to a more scalable, profitable, productized company can have many points of failure, but the biggest and most underserved is the cultural transformation required to support successful productization. The encore book from Eisha Armstrong and her team at Vecteris, Fearless tackles this frequent point of failure and dives deep on the change management required to build a product-friendly culture.

Key concepts

  • Six Levers to Build a Product-Friendly Organization
  • The Four Hallmarks of a Product-Friendly Culture
  • The LEAP framework
  • Three Models for Change

What you’ll learn

  • Why a product-friendly culture matters more than investments and strategies, and how to replace fear-driven behaviors with product-friendly ones
  • How leaders model product-friendly behaviors and overcome personal fears
  • How to set a realistic, compelling productization vision that facilitates change
  • How to choose an organizational structure that fits your productization vision and your services organization
  • How product governance builds a product-friendly culture and improves business results

Where to start in the book

Fearless covers six levers for building a product-friendly organization: culture, vision, organizational structure, governance, talent, and people-related practices. Start with the lever where your firm is stuck.

Lever What it covers Chapter
Culture The Four Hallmarks of a Product-Friendly Culture One: Product-Friendly Cultures
Culture The LEAP framework, so leaders can model fearlessness Two: Taming Fear by Taking the LEAP
Vision A product vision that inspires change within a realistic business case Three: Vision
Organizational structure Centralized, decentralized, or hybrid models that flow from the vision Four: Organizational Structure
Governance Product reviews, funding decisions, roadmaps, and which products to sunset Five: Governance
Talent Hiring, developing, and retaining product talent Six: Talent
People-related practices Performance measures, incentives, assessments, training, and operational freedom Seven: People-Related Practices
Managing the change Hire or acquire pacesetters, incubate product as a separate organization, or create a movement Eight: Three Models for Change

Free resources

Book tools

Fearless tools and templates

Dozens of tools and templates referenced in the book, including interview guides, RACI charts, vision statements, and job descriptions. Free with a short form.

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White paper

How to Transform a Services Culture and Successfully Productize

The Fearless white paper from the Vecteris team. Free with a short form.

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Copies for your entire team

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About the authors

Eisha Armstrong, co-founder of Vecteris

Eisha Armstrong

Co-founder and Executive Board Member, Vecteris

Eisha Armstrong is the executive chairman and co-founder of Vecteris, where she works with B2B services companies around the globe on new product strategy and commercialization. She has 25+ years of experience developing, launching, and managing new data and information service products. Prior to co-founding Vecteris, Eisha held senior product leadership positions both with E.W. Scripps, the diversified media company, and with CEB (now Gartner). Eisha earned her MBA at the Harvard Business School and her Bachelor of Arts in both women’s studies and economics at the University of Kansas.

Jaime Drennan, Principal Consultant at Vecteris

Jaime Drennan

Principal Consultant, Vecteris

Jaime is a skilled Product Manager. She most recently served as Technical Product Manager at GE Aviation, where she focused on developing software products for repair engineers. Before GE Aviation, Jaime was a Product Manager at the media company E.W. Scripps, where she managed several Predictive Analytics and Data-as-a-Service products. Jaime graduated from The Ohio State University with a degree in business. Jaime is an OSU and Cleveland sports fan, is trying to get better at golf, and is obsessed with unsweetened iced tea.

Molly Tipps, co-author of Fearless

Molly Tipps

Co-author of Fearless · Bio at time of publication (2023)

Molly Tipps is the Senior Director, Consulting at Vecteris and has 20 years of experience as a trusted advisor to executives working to solve their most complex, strategic challenges. Molly has been on the Vecteris team since 2021, supporting clients as they seek to innovate, digitalize, and productize their services. Prior to Vecteris, she spent over 15 years at Gartner in research & advisory, building insights and coaching leaders in applying best practices to their mission critical priorities. She has deep expertise in strategic HR as well as Investor Relations and specializes in presentation and facilitation. Molly graduated from the University of Pennsylvania with a B.S. in Music & Theater Arts. In her spare time, Molly is a distance runner, a bread baker, an opera singer, and a volunteer with Child Advocates as guardian ad litem for children in foster care.

Contact Vecteris for speaking engagements and media inquiries.

Praise for Fearless

“While there are a lot of books available on Product Management best practices, what sets Fearless apart is its focus on the unique challenges that service organizations face in making the shift from services to products. Fearless examines the vital role of culture in organizational transformation and the psychological factors that drive resistance to change. It offers practical advice and tools to navigate through these challenges and ultimately achieve product-led transformation, growth, and scale. This is a must-read for anyone considering or actively engaged in productizing their services business.”

Trisha Kinman, VP Product Management

“Close to 80% of new product launch initiatives fail to achieve their desired objectives not because of the quality of the initial strategy or the ideas themselves but because of all the barriers organizations face in turning these ideas into market impact. Many of these barriers are core to our businesses and how we operate today: our talent, our organizational structure, and governance models. Fearless provides great guidance supported by practical advice and tools on how to overcome some of these hard ingrained cultural challenges for service firms who are on a path to productize their services. A great follow-on to Eisha’s first book Productize!”

Christoffer Ellehuus, President, Korn Ferry Digital

“As is true with the first book in this series (“Productize”), Fearless provides an accessible and relatable journey map and solution set for any organization attempting to transform a B2B business model from offering “personalized services” to delivering “digitized products” in order to scale. From leaders to staff, everyone will feel the effects of such a bold change; and most will allow fear to negatively impact their outlook rather than to embrace the unknown as opportunity. Eisha Armstrong guides the reader from understanding the organizational psychology of change to overcoming barriers and developing clear strategies and tactics that will allow teams to successfully productize.”

Stacey Bain, Chief Operating Officer, Catalyst

“Fearless is THE must have hand-book for B2B services leaders who are ready to bring successful digital products to market. As someone who’s been down the path of working to create and launch digital products within a B2B services organization, I can attest first hand to the challenges highlighted in Fearless. Eisha and the Vecteris team highlight the very real human challenges that services firms face when they venture into the new business model of productization. Fearless directly confronts and addresses the organizational culture, team dynamics, roles and responsibilities, and practices that will make or break a B2B firm’s efforts to productize with practical guidance, and proven downloadable ready-to-use tools; and equips and empowers teams to understand and then work through the challenges they’ll invariably face.”

Ann Thompson, Founder, The Ann Thompson Company & Co-Founder, The Garage Group

“Professional service firms are constantly looking to diversify revenue streams and to overcome growth challenges, particularly in those service areas where talent is scarce. The potential benefits of adopting a productization strategy to overcome these challenges is very attractive and increasingly well described. However, translating this strategy into action and successful execution is the hard part where many business leaders are challenged. FEARLESS addresses the ever important “How”, providing business leaders with a playbook, with resources, and most importantly with the mindset to be confident in their productization journey. The focus on the cultural and organizational side of the journey is invaluable, and paired with real-life examples, makes FEARLESS a must-have for every services business management team considering a shift towards productization.”

Patrick Smith, President, Certara

“As we launched our first efforts to productize services, we were immeasurably fortunate to learn from Eisha about the “Seven Deadly Productization Mistakes” in her first book. Her insights were essential to our success! Now with Fearless, she has really captured the full potential for productization as she encourages us to act bravely while thinking systemically and expansively in challenging the status quo in every way. Throughout this powerful book, Eisha offers tremendous insights based on decades of experience but readily translates her ideas into digestible and actionable concepts for readers.”

Dr. Jillian Coppley, President and CEO, Mayerson Academy

Titles at time of publication.

Frequently asked questions

Who is Fearless for?

Fearless is written for product and company leaders at B2B professional services organizations who are eager to tech-enable, or productize, their services.

How is Fearless different from Productize?

Fearless builds on Productize. It focuses on creating a product-friendly culture, working on your people and processes in tandem, and building a strong foundation where everyone is aligned on the vision and strategy for future product innovation.

What is the LEAP framework?

LEAP is the roadmap Fearless offers for cultivating fearlessness: Listen to your intuition by quieting your mind, Expect less than perfect, Ask for help, and Practice gratitude. The book calls practicing gratitude the most essential of the four.

What makes a culture product-friendly?

Fearless names the Four Hallmarks of a Product-Friendly Culture: embracing and exhibiting discovery, speed, abundance thinking, and collaboration.

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