Product Vision & Strategy Flashcards
Definition of Product Strategy
Sequence of products or releases we plan to deliver on the path to realizing the product vision
2 ways of building good product strategies
Around Product/Market fits
(eg : consulting then manufacturing then US)
Around key Milestones
(eg : deliver this, then leverage data, then sell data)
Les 3 couches de la pyramide des besoins produits
Couche 3 : The Growth Layer
Couche 2 : The Value Proposition Layer
Couche 1 : The Foundational Layer
Les 4 composantes d’un Positionnement Produit
- Target Audience
- Pain Points
- Product Differentiators
- Competitors / Alternatives in the Market
Definition of Product Vision
The product vision describes the future we are trying to create, typically somewhere between two and five years out.
Useful to communicate, inspire and if done well recruit.
10 Principles of Product Vision
- Start with why
- Fall in love with the problem, not the solution
- Don’t be afraid to think big with vision
- Don’t be afraid to disrupt yourselves because, if you don’t, someone else will
- The product vision needs to inspire
- Determine and embrace relevant and meaningful trends
- Skate to where the puck is heading, not to where it was
- Be stubborn on vision but flexible on the details
- Realize that any product vision is a leap of faith
- Evangelize continuously and relentlessly