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I became a product manager because I wanted to take a more strategic role at my company. First, I did not know how to frame, develop and present productstrategy in a systematic way, and second, as a startup, my company has not historically had a good track record of strategy being developed outside of senior management (read: founder).
I worked closely with a seasoned board member to trace this back to a lack of productstrategy—both articulated and aligned. With her help, I wrote the first strategydocument for Headspace, which eventually led to the complete reimagination of Headspace , maximizing growth for our guided mindfulness product and adjacent spaces.
Product Roadmapping Once product positioning is established, product managers move into the more action-oriented activity of roadmapping. Requirements Engineering Following roadmap creation, requirements engineering emerges as a crucial activity where productstrategy meets technical execution.
Key Challenges in Strategic Product Leadership During our discussion, Atif identifies three main challenges that senior leaders face when developing and implementing productstrategy: 1. The methods and frameworks we discussed can help product leaders work through strategic challenges more effectively.
How do hybrid product teams stay aligned and effective across time zones and work styles? Asynchronous work requires structure – not just fewer meetings, but better workflows, clarity, and shared documentation. Teams need clear agreements on decision-making, communication, and collaboration rhythms.
Sometimes, despite asking all the right questions, strategy remains fuzzy. Here’s my approach when working with companies in this situation: Document what you’ve learned from conversations and observed from previous prioritization decisions in a strategy memo format. Want to get better at ProductStrategy?
When I need to take a break from writing, I save the document. Word is the product. But the ability to save the document is a feature, a part of the overall product. To get a more complete picture of the Scrum product owner role, take a look at my product owner guide : Featur e Owner and Component Owner.
Vice President of Product: Leading Through Others Kim described her transition to Vice President of Product as her biggest career shift. While she had previously been a VP in operations, the VP of Product role demanded a fundamentally different approach to leadership and productstrategy.
The Eight Core Elements of a Winning ProductStrategy “The essence of strategy is choosing what not to do.”?—?Michael After what seemed like months of work, our product was emerging from stealth mode. No choices = no productstrategy. The series of choices following a framework = the productstrategy.
What Is ProductStrategy Exactly? And Why It Matters Productstrategy is a creative act, to “do something new,” approaching an opportunity from a different angle. — Self So what exactly is productstrategy? Why is it important if I have a solid product management team?” I snapped out of la la land.
Document issues or friction points. Recommended Templates ProductStrategy & Roadmap Review : Uncover your biggest alignment gaps. From stakeholder alignment to the ultimate productstrategy review, its your backstage pass to leading with clarity and authority. What if your team only respects hierarchies?
Depending on the country where the consumer is located, Chis company may need to request different documents from them in order to fulfill know your customer/know your business (KYC/KYB) requirements, an identity verification process thats used to prevent financial crime. This meant that not all orders were affected by this complexity.
How product managers can use AI to work more efficiently Watch on YouTube [link] TLDR AI is changing how we manage products and come up with new ideas, giving us new tools to work faster and be more creative. AI can help in many parts of making a product, from research to writing product plans and documents.
Each of these items are also useful when communicating your product’sstrategy to various stakeholders within your organization. Themes typically describes abstract ideas or concepts critical to your product vision. Epics are also useful when describing features to an end-user of your product or service when collecting feedback.
The Critical Role of ProductStrategy When Money Is Scarce (Part 1 — Seed) A good productstrategy is something every company needs. Here is how a productstrategy can help you create business results, even when the market is not in your favor. Productstrategy is such a vague term for most people.
There's work to be done. -- 2016: "I want a product manager who can be great at writing specification documents. We need PRDs" 2019: "I want a PM who is good at strategy, and can help us realize our business goals. ProductStrategy = Company Strategy in this case. It sounds like something we should be doing."
Prior to Tango, Ken spent most of his career in the Bay Area at Uber, where he held roles in Launch Operations, Data Science, and ProductStrategy. . Summary of some concepts discussed for product managers. [3:12] One of the barriers to high performance is creating documentation. Product Hunt is not one-size-fits-all.
This team consists of a product owner , a Scrum Master , and several developers, which are also known as development team. Forming such a team connects the person in charge of the product—the product owner—with the people who design, architect, program, test, and document the solution—the developers.
Productstrategy is one of the most important tasks of the product leader, and definitely one of the hardest things to do. This should be your first step into productstrategy. Since productstrategy is so hard, many companies simply skip it. in detail?—?which
Defining your productstrategy is the most important aspect of deciding to build something new. It helps your entire team rally around a vision and a set of outcomes, making sure everyone is aligned in reaching those product growth goals. What is a productstrategy? How do you set a product vision?
This includes a sound understanding of the market, the user and customer needs, and the competition as well as solid product management skills such as the ability to develop an effective productstrategy and an actionable product roadmap (as I explain in more detail in the article The T-Shaped Product Professional ).
Now, we want to help you capture your productstrategy. Today, we are launching the Open Beta for a new strategy space in ProductPlan. It’s easy for anyone in the organization to see how the productstrategy drills down into every roadmap. The Open Beta for Strategy will last through the end of August.
The roadmap guides and informs everyone involved with the product from ideation to market. Using Your ProductStrategy and Product Vision to Plan Your Roadmap. Productstrategies must be rooted in the overall vision of the company and product. Product storyline. 6 Roadmapping Best Practices.
Instead of preparing perfect presentations for the boardroom, successful product managers: 1. Incorporate diverse viewpoints into productstrategy 4. As organizations grow, product management roles typically become more specialized and focused on smaller components of the overall productstrategy.
With such hyper-growth, there’s been an ever-growing need to scale the way we do product. In this article, I’m going through the approach that I recently introduced at Miro and is currently at the heart of how we center ourselves around the productstrategy. Each part is associated with the stages that the document goes through.
Over 8,000 people were interested, so I figured this would be a perfect opportunity to explore my productstrategy skills. A productstrategy is a clear roadmap that ensures a “product or feature” is built for the right reasons, solves the right problems, and stands out from the crowd. Why or why not?
How Growth Teams and Product Teams Should Work Together. Product teams and growth teams should be working together to focus the overall team strategy. In a young growth team, it’s not always clear that a productstrategy, target metrics or resources need to be more focused. Operationalizing Product Themes.
I find that many product people are so busy with urgent tactical work, such as refining user stories, working with the development team, or answering a support request, that they neglect important strategic tasks like regularly assessing if the productstrategy is still working. Consequently, make enough time for strategic work.
When data collection is messy, product managers lose visibility, teams waste hours chasing answers, and user experience suffers. Heres how data fragmentation hurts your productstrategy and development: Fragmented data can cause flawed strategic decisions Every product decision starts with a question: Whats driving retention ?
Process documentation and onboarding of new employees were challenges. Feelings of alienation and perceived lack of empathy from executives contributed to reduced productivity. In every study, we’ve found that strategy correlates with higher performance on product teams. Internet connectivity was a problem for many.
Business and productstrategy. At Intercom, we identify teams working within the same area of focus or strategy as a “group”. For example, the “automated support group” includes a range of teams focusing specifically on optimizing every aspect of the automated customer support function within the Intercom product.
One of the most typical requests of people looking to learn about or deploy a productstrategy is, “ where is the template I can use to fill it with all my …ideas… ”. Or “ where can I find a good strategydocument from another company I can inspire on? ” This content is related to my book Product Direction.
Reduced time-to-market : We can now release new products and features more quickly. This is enabled by a closer, ongoing collaboration with cross-functional development teams, shifting from written documentation to face-to-face conversations, and using techniques such as user stories that reduce overhead—when applied correctly.
2 Unique value proposition should be the major criterion for making decisions Roger Cauvin, founder at Dadnab Productstrategy should drive all product decisions. Lean startup practitioners document these sorts of strategic hypotheses in a lean canvas.
Consequently, a platform should have its own productstrategy and roadmap , KPIs , product backlog , and well-designed software architecture that leverages the right technologies. Make sure, though, that the platform decisions are guided by the needs of the products it serves.
The strategy is the document that directs the mass of energy in the same direction significantly moving the needle versus a lot of activity moving in different directions not getting very far. On more reflection, the most challenging part for me is that I get lost in figuring out how to articulate, package and share the strategy.
Yes, they are ugly, but powerful in processing numbers and producing insights that support product decisions. The best product managers will use Google Sheets at least at some point in their planning stage. That not only saves a lot of time, it levels up your productstrategy entirely. Check out their features.
Martin Good Strategy, Bad Strategy by Richard Rumels Productstrategy is a set of choices informed by product vision and company objectives. A good strategy consists of a diagnosis, guiding policy, and coherent actions. Why is productstrategy so hard? “What is productstrategy?
This is how I would approach improving the product if I were working with them. The top section of our Roadmap outlines our Vision, Challenge, and Target Condition, which reflect the goals outlined in my post on ProductStrategy. Roadmaps are a living document. If you invalidate a theme, update it.
Language is one of being product-led?—?“register, The registration link and documentation links are prominent and easy to navigate. API Documentation The API endpoint documentation is broken up in an understandable way. First Impressions and Portal Home Page First impressions of NAB’s API are promising.
You should therefore help the team acquire the relevant market and domain knowledge—for instance, by involving the team in research and validation work, inviting them to join you when you visit customers— and ensure that they are aware of the productstrategy and product roadmap as well as the business goals and KPIs.
Tip 2: Case Studies Case studies are a document or a presentation that showcases your problem-solving skills. Product Teardown- take any product & do a full breakdown(about the product, competitors, user flow, problem it solves, features, pros & cons, your improvement suggestions, metrics etc.)
How do one-pagers fit into the overall product puzzle? A one-pager is a concise, easy-to-read document that outlines a proposed product bet. The one-pager clearly communicates what the product bet is about, what outcomes are expected, and how they will be measured. Watch the video to see John’s full talk.
In this ProductTank Bristol talk, Nils Janse, Founder at Delibr, explains how the best product managers work with feature documents. [.] Read more » The post Epic alignment by Nils Janse appeared first on Mind the Product.
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