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Listen to the audio version of this article: [link] What is a Portfolio Roadmap and Do You Need One? Neither is a singular atomic product. Microsoft 365 is a product portfolio, a suite that contains productivity tools like Word, PowerPoint, and Excel. This is where product portfolio roadmaps come in. [2]
Listen to the audio version of this article: [link] AI Strategy Benefits My research shows that AI can help you make better strategic decisions faster, at least for certain products. [1] 5] What about ProductRoadmap Generation? 6] AI Strategy Limitations While it can be of great help, AI is no silver bullet.
Listen to the audio version of this article: [link] A ProductStrategy System The productstrategy system in Figure 1 consists of four main parts: people, processes, principles, and tools. Having said this, the system in Figure 1 captures the specific productstrategy approach Ive created. [1]
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 productstrategy and one or more development teams might be tasked with executing it. I call these outcomes product goals.
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 productstrategy is key to successfully create, enhance, and manage a product. But what exactly is a productstrategy? Figure 1: My ProductStrategy Model.
Listen to the audio version of this article: [link] Involve the Right Stakeholders Stakeholders can form a large group, especially in bigger companies. [1] The individuals whose buy-in to strategy and roadmap decisions is crucial are the players: They are interested in your product, as they, for example, will have to market and sell it.
Listen to the audio version of this article: [link] What Information Should a ProductStrategy Provide? I like to think of the productstrategy as a high-level plan that helps you realise your vision and that answers the following four questions: Who is the product for?
Listen to the audio version of this article: [link] Overview The GO ProductRoadmap consists of five elements, as the image below shows: Date, name, goal, features, and metrics. The checklist I’ve created offers criteria for each element as well as the entire roadmap. For instance, “1 st February” or “Q1.”
Listen to the audio version of this article: [link] What are OKRs? To make this more concrete, let’s look at an example: Objective : Grow the product management team. What are ProductRoadmaps? A productroadmap is an actionable plan that describes how a product is likely to evolve. [3]
He emphasized the importance of role clarity and how the lack of it often leads to frustrated product managers leaving their positions. ProductRoadmapping Once product positioning is established, product managers move into the more action-oriented activity of roadmapping.
Listen to this article: [link]. Overview of the Learning Roadmap. Like a modern productroadmap, a learning roadmap states the specific outcomes or benefits you’d like to achieve to become a more competent product person, and it captures them in form of learning goals. Figure 1: A Sample Learning Roadmap.
Listen to this article: [link]. Traditionally, productroadmaps are output-focussed plans that map features like registration, search, and reporting onto a timeline. Such a roadmap essentially states when a piece of functionality will be delivered. Goal-oriented (a.k.a. Outcome-based).
Saying no is what separates strategic product leaders from the rest. In this Roadmap to Mastery article from The Product Way Patreon , we focus on one of the most essential, high-stakes skills in product management: knowing when and how to say no — and making that decision stick.
Listen to the audio version of this article: [link] 1 No Strategy The first and most crucial mistake is to have no productstrategy at all. When that’s the case, a product is usually progressed based on the features requested by the users and stakeholders. The strategy is therefore either too big or too narrow.
Listen to the audio version of this article: [link] Traditional vs Outcome-based Roadmaps Before I share the four steps, let me briefly describe the main differences between a traditional, feature- and an outcome-based productroadmap. You can download the infographic by clicking on it.) What went well and what didn’t?
This new Patreon-exclusive article in the Roadmap to Mastery series explores how to lead feature removals with evidence, clarity, and confidence. But most teams avoid removals because they feel risky, political, or like an admission of failure.
This new Patreon-exclusive article in the Roadmap to Mastery series explores how to lead prioritization with structure, confidence, and buy-in. Even experienced PMs get stuck in opinion-driven debates or lose clarity under pressure.
In our latest Patreon-exclusive article , part of the Roadmap to Mastery Collection , we explore: Why trust is now a product featurenot just a brand value. Actionable strategies to integrate trust into your productstrategy. Whats Inside the Full Article?
In a recent live stream from one of our mentors of The Product Mentor , Dustin Levy, lead a conversation around “ProductStrategies for Non-Strategists”. We are always looking for more product mentors from all around the world. About The Product Mentor. Krishna Madhuvarsu Director of ProductStrategy, Oracle Inc.
Figure 2 contains a set of cascading goals: vision, user and business goals, product goals, and sprint goals. The vision guides the user and business goals, which are contained in the productstrategy. The user and business goals help select the right product goals, which I capture on the productroadmap.
In our newest Patreon-exclusive article , part of the Roadmap to Mastery series, we explore: What makes experimentation actually work in a team setting How to help people take smart risks and learn from what doesnt go right Case studies where iteration, not perfection, led to lasting improvements in engagement and retention Whats Inside the Full Article? (..)
Saying no to leadership Prioritizing customer needs over politics Aligning cross-functional teams These challenges do not reflect a lack of skill. They require balancing diplomacy, data, and leadership under pressure.
I believe the main culprits are Mr. Roadmap and Mr. Backlog. Culprit #1: Mr. Roadmap. How should we balance technical debt vs our feature roadmap? Well, th at’s the role of a productstrategy. My favorite definitions of strategy are the simplest I’ve found. A simple representation for our productstrategy.
What’s more, I like to ensure that product goals are connected to the productstrategy and its user and business goals. This helps me choose the right product goals and it ensures that meeting a product goal is a step towards creating the desired value for the users and the business, as figure 1 shows.
Listen to the audio version of this article: [link] Organise the Team around a Product As the name suggests, a product team is focused on a product. Additionally, the person in charge of the product must have the necessary expertise. Meeting this goal should therefore be a step towards achieving the product goal.
This is my motivation behind writing this article. As I strive towards becoming a product leader, I wanted to understand the best practises in product management and in the process develop my own product philosophy. . This article explores multiple aspects of product management. ProductStrategy.
Listen to the audio version of this article: [link] Introduction My first product management job wasn’t exactly what you call a success story: I was part of a team that was called in to help with a new product development effort, and I ended up working with the lead product manager.
Roadmaps don’t need to be complex, nor should you need a PhD to create one. Photo by Matt Duncan on Unsplash Ahh the dreaded word roadmap… The mere mention of a roadmap can divide the room, and send Product Managers into a world of panic. Let’s face it, roadmaps have a bad reputation.
Listen to this article: [link]. What is the Product Vision? The product vision describes the ultimate purpose of a product, the positive change it will bring about. Say I wanted to create a product that helps people become more aware of what and how much they eat. Who Owns the Product Vision?
Your team is following the roadmap. And yet, your product is stuck. Heres the uncomfortable truth: these very practicesroadmaps, obsessive customer listening, and metrics worshipare strangling your products potential. Roadmaps provide alignment. But heres the problem: The world doesnt care about your roadmap.
Listen to this article: [link]. Traditionally, productroadmaps are output-focussed plans that map features like registration, search, and reporting onto a timeline. Such a roadmap essentially states when a piece of functionality will be delivered. Goal-oriented (a.k.a. Outcome-based).
A research conducted by Alpha UX found that 25% of Product Manager surveyed wished for a clearer productroadmap and strategy. Research article. Without a clear roadmap and strategy, a Product Manager won’t be able to make impactful decisions. Research article. Quarterly Objectives.
Listen to this article: [link]. 1 No Product KPIs. The value the product should create is not clearly understood : A validated productstrategy and an actionable productroadmap are missing. A powerful stakeholder or line manager determines the KPIs —not the person in charge of the product.
Listen to the audio version of this article: [link] Introduction To discuss empowerment in product management, I find it helpful to distinguish three main levels of decision-making authority, product delivery, product discovery, and productstrategy, as the model in Figure 1 shows. [1]
Listen to this article: [link]. For example, a productstrategy 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.
Listen to the audio version of this article: [link] The Head of Product Role in a Nutshell A head of product manages a group of product people —individuals who look after one or more products and who may be called product managers or product owners. First, develop the individual product people.
But you can think of the product owner as an agile product manager, as I explain in the article “ Product Manager vs. Product Owner ”. If the product owner owns a product and is responsible for maximising its value, then it is important to understand what a product is. Pl atform Owner.
A stakeholder is anyone who has a stake in your product, who is affected by it, or who shows an interest in the offering. While this definition includes users and customers, I use the term in this article to refer to the internal business stakeholders. Involve the Stakeholders in Important Product Decisions. Build Trust.
You’re Stuckand It’s Because You’re Playing by the Rules In product management, youve been told to follow the rules: stick to the roadmap, build consensus, and hit your OKRs. But what if I told you they’re actually sabotaging your product’s potential? Roadmaps are innovations silent killer.
Listen to this article: [link]. The Head of Product Role. A head of product is someone who manages a group of product people—individuals who look after one or more products and who may be called product manager or product owner. Grow the product management team. Processes and Tools.
Listen to this article: [link]. An inspiring vision creates a meaningful purpose for everyone involved in making the product a success including the stakeholders and development team members. See my article Making Effective Product Decisions for more advice on how to decide together with stakeholders and dev teams.).
Listen to the audio version of this article: [link] ProductStrategy and Change Strategy means different things to different people, so let me briefly share my definition. A productstrategy describes the approach chosen to make a product successful. Eisenhower, we could say, “Strategy is worthless.
We dive into this powerful habit in our latest Patreon-exclusive article , “ Reflect, Realign, and Celebrate: How to Embrace Your PM Wins and Fuel Future Success.” ” Why This Article Matters Inside the article, youll uncover: The surprising types of wins most PMs overlook and how they can unlock untapped growth.
Listen to the audio version of this article: [link] 1 Complement Scrum with a Product Discovery and Strategy Process Scrum is a simple framework that helps teams develop successful products. Choose the next outcome on the roadmap as your product goal and copy it into the product backlog.
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