Establishing an Effective Product Strategy Process

Roman Pichler

Why a Product Strategy Process Matters. In the picture above, the product strategy describes how a visionary, inspirational goal is attained. It includes the product’s value proposition, market, stand-out features, and business goals. Do they impact your product?

Rediscover the Forgotten art of Product Strategy

Mind the Product

A strong product strategy is often neglected because of the absence of any strategic thinking in product teams. What can product managers do to make sure they give their product strategy the attention it warrants? Tanya shares her ideas for nurturing a strong product strategy from this year’s #mtpcon London Product Leadership Forum. But today many, if not most, product teams fail this very first test. Agile is not a strategy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Product Strategy and Skill Development: Learnings from the #mtpcon Session Speakers

Mind the Product

In this first, Breakout Session release from #mtpcon Digital 2020, you can delve into four of the event’s deep-dive sessions focusing on product strategy and skill development. Below you’ll find videos for the following: Roadmapping with C Todd Lombardo Prioritisation for Impact with Gabrielle Bufrem Lean Product Development with Jeff Gothelf Dual-Track Development Demystified with [.].

How To Create a Great Product Strategy

The Product Coalition

Continue reading on Product Coalition ». product-roadmap technology agile startup product-management

A Practical Guide for Product Strategy From Almundo: A Case Study:

Mind the Product

Eighteen months ago travel tech company Almundo started to refine its processes to become a product-driven company. Our goal was to define how we would set and communicate the company strategy, and how that strategy would lead OKRs and backlog definition.

Best Product Strategy Frameworks

The Basics of Product Management

Choosing the right product strategy framework is very important for every product manager. Remember, choosing the right product strategy will go a long way in making sure that the entire product life cycle proceeds flawlessly. To put it more bluntly, many product managers do not spend sufficient time in choosing the right strategy. Learn the top skills of product management. The wrong strategy can result in the failure of a product.

May 12: Covid19’s Impact On Your Product Strategy (webinar)

Mironov Consulting

Topic: Covid19’s Impact On Your Product Strategy. But now many of us in product or development organizations are shifting attention to how this crisis changes priorities and product plans. Product Management Upcoming Events agile customer thinking economics leadership markets product management roadmapsWhen: Tuesday 12 May , 10am PT / 12:00pm CT / 1pm ET. Hosted by: Synerzip. Register here.

Agile at Scale – Outcome Driven (or Broken)

Tyner Blain

Taking agile, a process otherwise optimized for small, cross-functional, collaborative teams and making it work at scale is fascinating. I “went agile” in 2000/2001 – I was writing software and leading teams at an enterprise software company at the time, and we adopted elements of XP and other agile practices in what we branded (internally and externally) as Fast Cycle Time (FCT). For agile at scale, I don’t believe this is true.

Agile 118

10 Ways a Feature-Less Roadmap Helps Your Product Strategy

ProductPlan

Since releasing both a webinar and book on the impact of feature-less roadmaps on your product strategy recently, we’ve gotten a lot of questions about why we’re so hostile to including features on product roadmaps. Features have long been the basic unit of measurement that product development teams track. Why Your Product Roadmap Should Be Feature-Less. Imagine you’re a software executive, and your product team has asked to present to you their new roadmap.

How Design Thinking, Lean, and Agile Work Together by Jonny Schneider

Mind the Product

In this keynote from #mtpcon London, Jonny Schneider, Product Strategy and Design Principal at ThoughtWorks, discusses how using all of design thinking, agile, and lean means we can build better products. Key points: You should try to use design thinking, agile and lean when building your products. Agile optimises software delivery – the most powerful part of this framework is that it values responding to change over following a plan.

Agile 139

Why Simply “Allowing” Mistakes is a Dead-end for Agile Companies

Mind the Product

Managing culture can quickly become one of the most complex challenges for companies that seek to scale agile practices. Scaling agile practices [1] in a company requires strong cultural foundations, as you build understanding and trust, between – and within – teams. To quote Peter Drucker, “culture eats strategy for breakfast”. Scaling agile practices in a company requires a cultural shift that puts mistakes at the center of success.

Agile 106

The Potential of Agile

Tyner Blain

When an executive, too far removed from what makes creating products hard thinks of “agile” as a silver bullet it becomes difficult to manage expectations. The business practice of agility (small a) – specifically when an organization, and not just a technology team, adopts the practice – has a lot of potential. It is precisely that potential which inspires not-yet-informed executives to learn about how agile could help them.

Agile 82

Future-proofing your product strategy with adaptive teams

Mixpanel

Do you ever feel, as a product leader, that you’re unpopular in your company? Having worked with many product leaders over the past 20 years, I’ve repeatedly heard that balancing the needs of users, engineering teams and the business—all while building a successful product function that drives innovation—is tough. A product manager’s job is inevitably going to make them unpopular at times, and that’s not necessarily a bad thing.

10 Tips for Creating an Agile Product Roadmap

Roman Pichler

Whenever you are faced with an agile, dynamic environment—be it that your product is young and is experiencing significant change or that the market is dynamic with new competitors or technologies introducing change, you should work with a goal-oriented product roadmap, sometimes also referred to as theme-based. To help you develop your agile product roadmap, I have created a goal-oriented roadmap template called the GO Product Roadmap. Product Roadmap

Sustainable Product Strategy: How to Move from Outputs to Outcomes

Amplitude

Roadmapping is at the core of product strategy and product management. As a product person, and the VP of Product at Yesware , I’ve never come to fully embrace the discussion of what each team would deliver, in what sequence and within a long timeframe. Output-focused product roadmaps provide a false sense of certainty, all while limiting product work to a few big bets, which may or may not pan out.

The Ultimate Product Strategy Checklist for your Mobile App

The Product Coalition

Working as a product manager can be a busy, unpredictable and octopus-like existence. Bringing team members together, organizing user research, product demos, road mapping and more. If you’re a mobile app product manager there’s a whole additional layer of complexity to add to that cake. In a recent product management insights report , as many as 57% of PMs said they don’t spend enough or any time road mapping.

I’m Predictable in an Agile Environment

ProductPlan

“Being Agile” and “being predictable” may seem mutually exclusive, at least when it comes to product management. Isn’t the whole point of Agile that we can continuously adjust, making on-the-fly tweaks to seize opportunities? Contrary to some prevailing opinions, managing products in an Agile environment doesn’t mean surrendering planning to the whims of the development team. In fact, Agile can help you be more predictable in some ways. Agile ?

Agile 60

What does the agile roadmapping process look like in practice?

The Product Coalition

Decades before agile’s inception, Dwight D. In most contexts, war and product development are completely different beasts. But in the context of planning, agile software development practitioners are wise to take Eisenhower’s words to heart. “In Eisenhower Why agile teams need a product roadmap There are many discussions out there on both the importance of, and lack of importance of agile product roadmaps.

Am I a Product Manager or a Product Owner? Part 1

bpma ProductHub

By Ellen Gottesdiener Part 1: Confusion Abounds With the maturing of the software industry and with an overwhelming acceptance of agility, I am still surprised at the inconsistency and overall confusion between what product managers and product owners do. … Product Strategy

Agile 208

What Does the Agile Roadmapping Process Look Like in Practice?

ProductPlan

In today’s article, we’ll discuss the agile roadmapping process. We’ll start by reviewing the objectives of roadmaps and planning for agile teams, then share some special considerations for agile roadmaps. From there, we’ll walk you through the agile roadmapping process step by step. Decades before agile’s inception, Dwight D. In most contexts, war and product development are completely different beasts.

Prioritization is about Confidence, not Value

The Product Coalition

“Defining value: the most ambiguous word in product development” was the title of a post by Jeff Gothelf at the beginning of last year. If… Continue reading on Product Coalition ». ux prioritization agile product-strategy product-management

Remote Agile (Part 6): Sprint Planning with Distributed Teams

The Product Coalition

Remote Agile (Part 7): Sprint Review with Distributed Teams TL; DR: A Remote Sprint Review with a Distributed Team We started this series on remote agile with looking into practices and tools; we explored virtual Liberating Structures, and how to master Zoom. We had a look at common remote agile anti-patterns, and we analyzed remote Retrospectives and Sprint Plannings based on Liberating Structures. The Product Backlog may also be adjusted overall to meet new opportunities.”

Agile 60

The Major Pitfalls of Lean Startup

The Product Coalition

For example, if you start implementing agile and Google it, you will get iterations, time boxes, retrospective, and incremental delivery. Even if you read the agile manifesto, it has very little reasoning in it to help you understand and be convinced that this is really the right thing to do.

How Product Marketing Roadmaps Drive Sales | Shifting Market, Shifting Strategy | Agile: We’ve Come Full Circle

Proficientz

The B2B Product Manager Magazine August 2018 is now available. This month we explore the value of a product marketing roadmap to sales. It’s not a staple in most B2B organizations but it’s just as important to your near-term revenue as a product roadmap is to your longer-term growth. We also look in the rear-view mirror at Agile and discuss what’s changed and what hasn’t along with tips for dealing with flat growth and shifting market conditions.

Breaking The Walls Between Business and Agile Teams

The Product Coalition

Managers and product managers are often frustrated by the apparent lack of care the development team is showing for the needs of the business. When a long-awaited product or feature finally launches, it often comes well short of the needs. Their goals are always stated in terms of delivering products and features (output), and never in terms of expected business and customer outcomes. Agile Development Things don’t necessarily get better with agile development.

Agile 65

The ABCs of Product – Melissa Perri on The Product Experience

Mind the Product

Melissa Perri is the product manager’s product manager – she’s able to do the job, explain it, and teach you how to do it better. So when we got her on the line, we covered everything… including Japanese deployment strategies, Marmite and peanut butter, product leadership and team organisation, how companies scale, how to pick the right environment for you, and even her new book, Escaping the Build Trap.

Taylor Wescoatt – Being the First Product Manager

Mind the Product

In working at Seedcamp and helping over 100 startups understand product thinking, Taylor Wescoatt has learned some valuable lessons he’d like to share, together with some real-world examples to drive the point home! Being the first product manager at a startup typically means being the 10th or 15th employee, and recognizing that – although product management has both tactical and strategic components – you’ll initially be more focused on tactics.

Lawrence of Arabia, the Original Agile Disruptor, Had Sore Feet

The Product Coalition

In the business world, “vaporous” is an insightful description of the Toyota Production System. The American Big-3 automakers saw strategy as collecting best practices; Toyota built a culture of continuous improvement into a competitive advantage. Eric, when he was raising money for his own startup, ran into investor Steve Blank who made Eric take his course on rapid-cycle product development as a pre-condition for Steve investing. Don’t wait for more perfect products.

Agile 73

APO: Retrospectives: The Product Perspective Tuesday, February 6, 2018 | 6:00 – 9:00pm

bpma ProductHub

Retrospectives: The Product Perspective. Join the Agile Product Open community on Tuesday, February 6th at Slalom in Boston for an interactive evening focused on the product perspective for retrospectives. Retrospectives are a discipline used by lean and agile teams to pause and reflect on outcomes and activities from a predefined time frame, and identify actions for improvement. Retrospectives are wired into the agile mindset. Product Strategy

Agile 150

Begin your Agile Transformation Journey on the Right Track

Product Club

Across the globe, companies are investing in Agile transformations primarily for two reasons — to increase speed, and improve the quality of their technical product delivery. We’ve all been sold “Agile” for over 10 years, told to treat “waterfall” as a curse word to be uttered with disgust in boardrooms. Setting the vision and defining success is not only an important practice in high functioning Agile teams, it’s also key to a successful transformation.

Agile 52

4 Development Pitfalls to Avoid with an Agile Growth Strategy

Mixpanel on Data

Throughout his career, Al has focused on helping companies develop and execute digital strategies to grow their business and stay ahead of the curve. Developing a mobile product is a daunting task. But making this investment early in the process will provide a solid framework to sustain and scale your growth strategy into the future. Here are just a few of the issues you can bypass when you implement growth strategies from the beginning: 1.

Agile Product Management Framework

All About Product Management

There are many good product management frameworks available - however, I thought I would create an agile product management framework that is broad enough to be applicable to any product management groups that is practising agile/scrum. Marty goes on , in the same article, and states that “The product strategy analyzes the market opportunity and the technology and describes a vision of what the product can be.” Agile Tips + Tools

Joe Leech: A Scientific Approach to Product

Mind the Product

If you work alongside Bristol-based product strategy and UX consultant Joe Leech then chances are you’ll also work alongside his dog Little Dude. Joe coaches and mentors product teams, supporting them to make good decisions and good user-centred design choices.

Becoming a Strategic Product Leader, Part 3: Own the Big Picture

The Product Coalition

You have a strategy, you are just unable to make progress with it. The alternative is not having a solid product strategy, and that’s a debt much harder to close. Becoming the Gatekeeper of the Strategy Strategic product leadership is a continuous effort. It’s much easier to go with the flow, but in product management, the flow doesn’t necessarily lead to success. Express your strategic leadership by making yourself the gatekeeper of the strategy.

Demo 65

When 2 Become 1: The Roles of Product Manager and Product Owner

bpma ProductHub

But since this is the BPMA, we’re thinking about the oft-merged roles of Product Manager (PM) and Product Owner (PO). On January 23rd, Pragmatic Marketing hosted a webinar entitled “Six Ways Product Management’s Role Will Change in 2018.” During their presentation, Pragmatic Instructor and Product Coach Kirsten Butzow along with Pendo Chief Evangelist Eric Boduch emphasized the need to distinguish the PM role from the PO role. Product Strategy

The “Why” Behind Your Product Roadmap

bpma ProductHub

The vast majority of product roadmaps move the product in a positive direction, but desired results are only achieved if there is clarity around where it is taking you, and why. Well-run companies are honest about the reality of their current products. Their teams are aligned on a strategy that is supported by specific objectives and resources. They start with a strategy and the results they want to achieve. product/features/strategy.

Product Roadmaps in Five Easy Pieces

Mind the Product

so my investor said that I need a product manager to do our product roadmap?”. When I worked as a product management consultant clients would often talk about “needing a product roadmap ASAP”. If you’re only going to read one thing: Product Roadmaps Relaunched.

Out of the Fog by Holly Donohue

Mind the Product

In this MTP Engage Manchester talk, Holly Donohue, Product Director at Aquila Heywood takes us through their product team’s journey from a waterfall business to one focused on agile. Making the adjustment to agile. Making the Adjustments to Agile.

How Minimum Viable Products & Features Helped Me Write My New Book

Roman Pichler

Minimum Viable Product #1. At the same time, I wanted to test that the product would create enough value for its readers before writing the actual book. My first MVP had little resemblance with the finished product: I used my product strategy and roadmap workshop as the initial minimum viable product. This helped me better understand which strategy and roadmap-related challenges product managers commonly experience and which advice is helpful for them.

Books 157

Product Discovery or Product Delivery: How do you Decide?

Mind the Product

What’s the fundamental difference between product discovery and delivery or execution? The degree of uncertainty should determine whether you need to run product discovery or whether you can begin to deliver a solution to your customer. Instead, the team should have run product discovery in advance, at least to check the technical feasibility, rather than starting directly with execution. In product management we summarise these activities as product discovery.