Vision vs. Strategy

svpg

I’ve explained that the context typically needs to be the product vision, and a specific set of outcome-based objectives for each team (OKR’s are an effective way to do that). I’ve already written about outcome-based objectives , and in this article I want to talk more about product vision, and especially how important the role of product strategy is in delivering on the product vision. Product Vision. Product Strategy. Overview.

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Product Leadership in Scrum

Roman Pichler

Three Types of Leadership. Each role provides a distinct type of leadership. Providing the right product leadership is demanding; it requires a specific skills set and usually your full attention as the person in charge of the product.

Why Product People Should Care About Business Strategy

Roman Pichler

Business Strategy vs. Product Strategy. A business strategy describes how a company wants to achieve its overall aspiration and create value for its users, employees, and shareholders. Elements of an Effective Business Strategy. What is the company’s vision?

Inspiring Teams with Product Vision

Mind the Product

In this in-depth and inspiring talk, Keela Robinson , Founder and CEO PM Loop, unpacks what vision is, why it matters and how to find it. Vision comprises your Values, Purpose and Envisioned Future. In short, they are inspired and guided by your vision.

Is Your Product Vision Moving People in the Right Direction?

The Product Coalition

A meaningful, motivating product vision enables teams to advance to a purpose-driven mindset. Because Vision without action is a dream. Action without vision is a nightmare Not exactly a Japanese proverb , but close enough. A better future depends on vision and action.

Product Ethics

Roman Pichler

Leadership and People Skills Product Vision and Strategy business model decision-making definition of done empathy ethics product manager product ownerWhat is an Ethical Product?

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Managing Product, Vision or Execution?

The Product Coalition

product management can either be vision-driven, or it can be execution-driven. Cover photo by Craig Garner on Unsplash Managing Product, Vision or Execution? product-management organisational-culture management-and-leadership enterprise-software

Product Leadership Book Review? – What we Learned

Mind the Product

The long awaited book Product Leadership is finally about to hit our Kindles, iPads and possibly even our hands. It’s a book that shows product leadership to be a mentality and style, rather than a set of rules.

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Product Leadership at News UK by Jo Wickremasinghe

Mind the Product

This means there is a lack of strategy to develop digital products which meet the needs of users and generate revenue. Jo’s plan to break News UK out of this way of working was to build a strategy-focused product team, manage loved products, and work up a new approach to product development.

Why We Fail: What I Learned From 5 Years with Friends, Netflix’s Social Strategy

Mind the Product

I write a lot about product strategy, and use Netflix as an example so that others can learn from the company’s success and failure. Because of Facebook’s meteoric rise, the persistent question from Silicon Valley venture capitalists became “What’s your social strategy?”

Product Leadership Book Review? – What we Learned

Mind the Product

The long awaited book Product Leadership is finally about to hit our Kindles, iPads and possibly even our hands. It’s a book that shows product leadership to be a mentality and style, rather than a set of rules.

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Reddit’s Nick Caldwell on engineering leadership

Inside Intercom

He had to quickly determine which team members displayed a potential for leadership and teach them the fundamentals of management so they could make new hires and scale – without ruining the culture. I hosted Nick on the podcast, where we discussed the differences between management and leadership, fostering diversity in tech, and more. Here are five quick takeaways: Management and leadership aren’t one and the same. Podcast Startups engineering teams leadership management

It is time to talk about Product Leadership

The Product Coalition

It has been a while since the term Product Leadership has gained widespread adoption in blogs, articles and even books. It represents the intersection between Product Management and Leadership; which, in my point of view, have a lot to do with each other. This is Product Leadership!

From Product Management to Product Leadership

The Product Coalition

may choose to operate in silos, Product Management is the department that brings all of the teams together to ensure everyone’s voice is heard, vision is seen, and needs are met. It is the department, when run well, ensures a comprehensive approach to strategy and decision making.

World Product Day: Organization as a Product by Neville Reeves

Mind the Product

At ProductTank Montevideo (Mvd) we celebrated World Product Day earlier this month with a presentation from an awesome product leader, VP of Product Strategy at Rootstrap, Neville Reeves. Start by establishing a clear vision, map out a strategy, and execute a series of tactical moves.

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What you can learn about leadership from “Silicon Valley”

The Product Coalition

Image: Silicon Valley, HBO The epic Pied Piper case study shows us what it really takes to build a business from scratch A TV show rife with obscene jokes and obscure pop-culture references might seem like an odd place to look for leadership lessons.

How To Cross the Strategy-to-Execution Chasm

The Product Coalition

Most companies fail in execution, not strategy. Defining strategy the right way can close the gap. Culture Eats Strategy for Breakfast.” Why Defining Product Strategy is Hard Strategy Overload One of the challenges with the word “Strategy” is that it is an overloaded term.

Product Takeoff

Product Takeoff

To achieve that level of confidence and to build products in that space we as product managers have to focus on a few key principals before we plan on getting the next thing in the marketplace.The four major principals we generally go by are Vision, Strategy, Team and Rapid learning.

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Product Roadmaps in Five Easy Pieces

Mind the Product

In reality, asking for a product roadmap was shorthand for “please help me with my strategy”. Team context : You and your team will use the product roadmap as one of the tools to help you figure out your long-term strategy. Roman Pichler’s product vision board.

Strategy over speed: How video games prepared me for life as a product manager

Inside Intercom

Instead of Half-Life or GoldenEye, I was drawn to simulation games such as SimCity , The Sims and Theme Hospital – titles that rewarded strategy over speed, patience over practice. Developing strategy skills. Recently , leadership asked us to help another team on a strategic initiative.

Creating Good Roadmaps: 6 Practical Steps for Product Leaders

Mind the Product

Without thoughtful leadership around them, it may not be in product manager’s gift to achieve a “good” roadmap. This is because product leadership is genuinely hard and quite distinct from the job of product manager – something that is often misunderstood.

Lather, rinse, REPEAT! Becoming a CRO

The Product Coalition

The first and paramount responsibility of a product Manager is a never-ending, difficult, oft-shunned task of building a shared understanding of the product strategy through listening, influencing, and repetition. The creation and management of the product strategy?—?should

The Parable of Frank de Boer – Evolution, not Revolution in Building Product Teams

Mind the Product

Admittedly he was joining after a disappointing spell in Italy, but his success with the Dutch champions, Ajax, with whom he won the Champions League four consecutive times, was heralded as the template for his vision at Crystal Palace. The Parable.

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Be a Balanced Product Leader, Not a Feature Broker or Product Dictator

Roman Pichler

One way to answer this question is to avoid unhelpful but common leadership styles. As its name suggests, this leadership style mediates between different parties and tries to broker a deal. Recognise Your Leadership Bias. Feature Broker and Product Dictator.

Leading Through Shared Goals

Roman Pichler

The Product Leadership Conundrum. The development team and stakeholders then use these goals to determine the work they have to do—be it creating a marketing strategy, investigating a new technology, or preparing the distribution channels.

Why CEOs Should Not Be Our Primary Source of Customer Input

Mironov Consulting

I think this is fundamentally wrong for companies with more than a half-dozen customers or a dozen employees – and is a primary contributor to product strategy gridlock. I work with a lot of CEOs, usually as an advocate for better product and development organizations.

Sustainable Pace in Product Management

Roman Pichler

Do not take on additional responsibilities like improving the development process, leading the dev team, making UX design decisions, or creating a marketing strategy. Leadership and People Skills product manager product ownerWhat is Sustainable Pace?

The T-Shaped Product Manager

Roman Pichler

As these skills form a large set, I like to divide them into three sub groups: strategic, tactical, and leadership capabilities, as the picture below shows. Strategic skills include the ability to develop an effective product strategy , actionable roadmap , and working business model.

Getting Design Agencies and Engineering Teams to Work Together

Mind the Product

Be Crystal Clear About Your Vision and Objectives. If they aren’t working from a common vision, their own preferences and motivations will often drive them. The vision should be a single page and include the mission, values, target, user and business. The Only Product Vision Template You’ll Ever Need. Leadership Check-in (30m). Someone I know is about to kick off a big project with separate companies managing the design and development.

Making the jump

Product Manager in Heels

One of the components of the MBA program is a strategy course which provides insight into what the CEO thinks about. My research led me to this: "the most significant differentiation between Management and Directorship is vision. Is vision the biggest differentiator?

Measuring Customer Interactions to Unlock Product Discovery

Mind the Product

Additionally, it assists with crafting the strategy, making decisions and educating stakeholders. Our vision was to ensure that we deliver value and are experts in our domain.

Third-Party Software Integration: Best Practice, Perils and Pitfalls

Mind the Product

Senior/director integration positions are usually expected to own a product roadmap strategy. Q: How does the competitive landscape drive an integration strategy? Platform Strategy Consultant.

Be in a Band, not an Orchestra: how to Grow an Agile Product Team

Mind the Product

My job was to define a vision for the product and create a plan to deliver it. Product Vision. Creating the vision for the product early was important. It gave the team autonomy over delivering the vision, what the product would do and how we would build it.

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Understanding how Design Thinking, Lean and Agile Work Together

Mind the Product

Be stubborn on the vision, but flexible on the details.”. It’s the questions we ask, and the meaning we explore, that will generate the insights most useful to strategy.”. —Dr The ideas of Agile are great.

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Hypermetricemia: A dangerous product disease that you can avoid

The Product Coalition

We catch hypermetricemia when we focus on popular metrics to determine success, without giving sufficient thought to whether metrics indicate progress towards the vision. Profit should help sustain your vision, not lead it. We need to be able to hallucinate our vision.

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Indecision in Product: How to Avoid Becoming a Bottleneck

Mind the Product

Tobi Lütke, Shopify’s founder and CEO, uses a similar strategy by asking himself, “ How undoable is this decision? To help speed up bigger decisions, he now tries as far ahead as he can in terms of vision and where the company is heading. Product Leadership Product Management Characteristics Product Management Skills Decision Making Product Decisions product managementA few years ago, comedian Aziz Ansari released a Netflix special called “ Live at Madison Square Garden ”.

Remember HiPPOs are Humans too…

Mind the Product

A leader will be looking at strategy, operations, people and resources in a way that’s hard to see from anywhere but the top. These gut feelings can be the essence of a product vision or strategy which are later born out through testing or validation of some kind.

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