Remove Agile Remove Article Remove Product Goals Remove Strategy
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My Product Strategy Model

Roman Pichler

Listen to the audio version of this article: [link] Download file | Play in new window | Duration: 10:10 | Recorded on September 13, 2022. An effective product strategy is key to successfully create, enhance, and manage a product. But what exactly is a product strategy? Figure 1: My Product Strategy Model.

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The Product Strategy Cycle

Roman Pichler

Traditionally, strategy and execution are often viewed as separate, sequential pieces of work that are carried out by different people. For example, a product manager might determine the product strategy and one or more development teams might be tasked with executing it. I call these outcomes product goals.

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Product Teams in Scrum

Roman Pichler

Listen to this article: [link]. Scrum is a popular agile framework. This team consists of a product owner , a Scrum Master , and several developers, which are also known as development team. You might not know, for example, which marketing strategy is most appropriate or which sales channels are most effective.

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Decoding Product Leadership

Roman Pichler

Listen to the audio version of this article: [link] Leading as the Person in Charge of the Product When you hear the term leadership , you might first and foremost think of a senior manager like the head of product, Director of Product Management, VP of Product, or Chief Product Officer.[ See Peter G.

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Five Product Owner Myths Busted

Roman Pichler

At the same token, ignoring the stakeholders or excluding them from important product decisions is not helpful either. Instead, you should engage the stakeholders, leverage their expertise, and generate as much buy-in as possible , as I explain in more detail in my article “ Stakeholder Management Tips for Product People.”

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10 Tips for Effective Product Management Meetings

Roman Pichler

Listen to this article: [link]. For example, a product strategy workshop might have the objective to identify the key changes required to achieve product-market fit. Contrast this with a sprint review meeting , which might help you determine if users can easily sign up for the product. 1 Set an Objective.

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Five Product Owner Myths Busted

Roman Pichler

Listen to this article: [link]. Myth #1: The product owner must ensure that the stakeholders are satisfied. At the same token, ignoring the stakeholders or excluding them from important product decisions is not helpful either. But the situation is different for product owners in the agile scaling framework SAFe.