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APM 5.0.1 > Lesson 5 - Defining Strategy & Vision > Flashcards

Lesson 5 - Defining Strategy & Vision Flashcards

1
Q

Pick a Vision Communiction Technique

Audience: Investors

Vision Video

We’re #1 Statement

Elevator Pitch

Press Release

A

Pick a Vision Communiction Technique

Audience: Investors

Vision Video

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2
Q

Choose Wisely

Definition: Where we define the whole product’s operational environment.

  • Solution Context
  • Defintion of Done
  • Program Backlogs
  • Architectural Runways
A

Where we define the whole product’s operational environment.

Solution Context

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3
Q

Artifact Matching

Documents how a business creates, delivers, and captures value (now or future).

Value Proposition Canvas

Portfolio Canvas

Business Model Canvas

Value Stream Canvas

A

Documents how a business creates, delivers, and captures value (now or future).

Business Model Canvas

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4
Q

Portfolio Canvas OR Value Stream Canvas

Relation to other Initiatives.

A

Portfolio Canvas

Relation to other Initiatives.

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5
Q

The Business Model Canvas informs what artifact?

SAFe Epics

Portfolio Canvas

Solution Context

Value Stream Canvas

A

The Business Model Canvas

informs the

Portfolio Canvas

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6
Q

True or False

Whole-product thinking…What you “augment” for one customer might be “Expected” for another customer.

A

True

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7
Q

Portfolio Canvas OR Value Stream Canvas

Business Context

A

Portfolio Canvas

Business Context

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8
Q

Whole-product thinking: Which level are we at?

Vision of future Capabilities

  • Augmented Product
  • Generic Product
  • Potential Product
  • Expected Product
A

Vision of future Capabilities

Potential Product

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9
Q

PM (Product) or LPM (Lean Portfolio) Responsibility?

Business Model Canvas

A

Business Model Canvas

Product Management (PM)

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10
Q

Which are the two types of platforms do we as APMs focus on?

  • Monolithic
  • Technical
  • Segmented
  • Micro-Services
  • Product
  • GA
A

Which are the two types of platforms do we as APMs focus on?

Technical

Product

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11
Q

What is an example of a #1 statement?

Vision Statement

Project Charter

Epic Hypothesis

Roadmap Summary

A

What is an example of a #1 statement?

Vision Statement

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12
Q

True or False

A Customer Journey Map will often align with an Operational Value Stream.

A

True

A Customer Journey Map will often align with an Operational Value Stream.

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13
Q

PM (Product) or LPM (Lean Portfolio) Responsibility?

Portfolio Canvas

A

Portfolio Canvas

Lean Portfolio Management (LPM)

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14
Q

Pick a Vision Communiction Technique

Audience: Marketing/Sales

Vision Video

We’re #1 Statement

Elevator Pitch

Press Release

A

Pick a Vision Communiction Technique

Audience: Marketing/Sales

Elevator pitch

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15
Q

True or False

The Operational Value Stream drives the Customer Journey Map.

A

False

A Customer Journey Map will often align with an Operational Value Stream. However, when making a Customer Journey Map you may uncover some unmet needs and thus unveil another Value Stream.

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16
Q

Which artifact documents the user’s experience through our products and service offerings?

Value Proposition Canvas

Journey Map

Value Stream Canvas

Empathy Map

A

A Journey Map documents the user’s experience through our products and service offerings

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17
Q

Platform Management: Architectural choices must align to…

scalability of upcoming features.

cost reduction of the products.

business objectives.

the portfolio.

A

Platform Management: Architectural choices must align to…

business objectives.

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18
Q

Whole-product thinking: Which level are we at?

Features typically found

  • Augmented Product
  • Generic Product
  • Potential Product
  • Expected Product
A

Features typically found

Expected Product

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19
Q

Whole-product thinking: Which level are we at?

Minimum features to satisfy

  • Augmented Product
  • Generic Product
  • Potential Product
  • Expected Product
A

Minimum features to satisfy

Generic Product

20
Q

Definition: A description of the future state of the product

  • Benefit Hypothesis
  • Product Roadmap
  • Vision
  • OKRs/KPIs
A

Vision

A description of the future state of the product

21
Q

Portfolio Canvas OR Value Stream Canvas

How the Solution fits in the strategy.

A

Portfolio Canvas

How the Solution fits in the strategy.

22
Q

PM (Product) or LPM (Lean Portfolio) Responsibility?

Value Stream Canvas

A

Value Stream Canvas

Lean Portfolio Management (LPM)

23
Q

Value Proposition Canvas Attribute Match

Attribute Question: What option can we provide?

Customer

Pain

Gain

Products

A

Attribute Question: What option can we provide?

Products

24
Q

The Value Proposition Canvas starts with whom?

Investor

Customer

Partner

Marketing

A

The Value Proposition Canvas starts with the Customer.

25
Q

Portfolio Canvas OR Value Stream Canvas

Execution Details

A

Value Stream Canvas

Execution Details

26
Q

The Portfolio Canvas informs what artifact?

SAFe Epics

Value Proposition Canvas

Value Stream Canvas

Solution Context

A

The Portfolio Canvas

informs the

Value Stream Canvas

27
Q

Pick the Artifact

Provides Context to Create a More Effective Business Model

Business Canvas

Value Proposition Canvas

Empathy Canvas

Vision Canvas

A

Provides Context to Create a More Effective Business Model

Value Proposition Canvas

28
Q

Who should most likely take the lead in building out a Customer Journey Map?

The Customer

Product Manager

CX Professional

Product Owner

A

A CX Professional should most likely take the lead in building out a Customer Journey Map.

29
Q

Value Proposition Canvas Attribute Match

Attribute Question: Who are we discussing?

Customer

Pain

Gain

Products

A

Attribute Question: Who are we discussing?

Customer

30
Q

Put these in the right order (This informs that):

Value Stream Canvas

Portfolio Canvas

Value Proposition Canvas

Business Model Canvas

A
  1. Value Proposition Canvas informs…
  2. Business Model Canvas which informs…
  3. Portfolio Canvas which informs…
  4. Value Stream Canvas.
31
Q

Value Proposition Canvas Attribute Match

Attribute Question: What benefits do they expect?

Customer

Pain

Gain

Products

A

Attribute Question: What benefits do they expect?

Gain

32
Q

Value Proposition Canvas Attribute Match

Attribute Question: What causes negative emotions?

Customer

Pain

Gain

Products

A

Attribute Question: What causes negative emotions?

Pain

33
Q

APIs need…

  • a product mindset.
  • to match the architecture runway.
  • to be monetized.
  • a centralized structure across the products.
A

APIs need…

a product mindset.

34
Q

The Value Proposition Canvas informs what?

Total customer assignment

Market segmentation

Pricing

ROI

A

The Value Proposition Canvas informs

Pricing.

35
Q

True or False

What is “generic” in short supply is considered “expected” in over supply.

A

True

36
Q

Whole-product thinking: Which level are we at?

Minimum features to purchase

  • Augmented Product
  • Generic Product
  • Potential Product
  • Expected Product
A

_Minimum features to purchase_

Expected Product

37
Q

The strategy sweet spot is referring to…

Finding an overlap where you can take market share from your competitor.

Finding an area where you have competency and your competitor is devoid.

Finding a way to “manage marketing” and thus building non-feature based programs to offset the competition overlap.

A

The strategy sweet spot is referring to…

Finding an area where you have competency and your competitor is devoid…so you can attack that area of the market.

38
Q

Whole-product thinking: Which level are we at?

Differentiating features

  • Augmented Product
  • Generic Product
  • Potential Product
  • Expected Product
A

Differentiating features

Augmented Product

39
Q

Value Proposition Canvas Attribute Match

Attribute Question: What makes their tasks annoying?

Customer

Pain

Gain

Products

A

Attribute Question: What makes their tasks annoying?

Pain

40
Q

Value Proposition Canvas Attribute Match

Attribute Question: What would delight them?

Customer

Pain

Gain

Products

A

Attribute Question: What would delight them?

Gain

41
Q

Portfolio Canvas OR Value Stream Canvas

Suppliers

A

Value Stream Canvas

Suppliers

42
Q

The Value Proposition Canvas informs what artifact?

SAFe Epics

Business Model Canvas

Solution Context

Value Stream Canvas

A

The Value Proposition Canvas

informs the

Business Model Canvas

43
Q

PM (Product) or LPM (Lean Portfolio) Responsibility?

Value Proposition Canvas

A

Value Proposition Canvas

Product Management (PM)

44
Q

Pick a Vision Communiction Technique

Audience: Solution Train & ART

Vision Video

We’re #1 Statement

Elevator Pitch

Press Release

A

Pick a Vision Communiction Technique

Audience: Solution Train & ART

Vision Video

or

Press Release

45
Q

Pick a Vision Communiction Technique

Audience: Brand team

Vision Video

We’re #1 Statement

Elevator Pitch

Press Release

A

Pick a Vision Communiction Technique

Audience: Brand team

We’re #1 Statement

46
Q

What is the internal equivalent of a Product Box?

Purpose Box

Postcard Box

Hypothesis Box

Vision Box

A

Vision Box

APM 5.0.1 (9 decks)

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