thanks for the great write up. Can you point to a few examples of well written strategies? (preferably in the world of software, & not the saving the world types)
Great write up. I'm in the process of writing down how to form strategy for PMs and this caught my eye. On your bullet #2 regarding uniqueness value, I recently read about how folks can confuse unique positioning vs execution efficiency. The former can lead products into a dominant market position while the ladder is usually a race to the bottom. Here's a quickie from HBR that may be interesting titled 'Japanese companies rarely have strategies': http://hrmpractice.com/japanese-companies-rarely-have-strategies/
"Strategy, on the other hand, requires hard choices."
This is an important point. Strategy is about choices, but then so is execution. Starting with an idea and adding your company take on it can be what makes it differentiated and competitive. What makes AWS, Azure, and Google Cloud successful each in their own right is what makes them special. No two companies would or should approach the problem the same way.
Felt like a crash course. Thanks for sharing. Are there any examples of good product strategies you could share with us to help us make an idea about what a good strategy looks like?
It was very insightful to read this article about product strategy. “The perfect strategy that is not executable is no better than having no strategy at all. “ - This is a great takeaway for me even as an engineer.
thanks for the great write up. Can you point to a few examples of well written strategies? (preferably in the world of software, & not the saving the world types)
Great write up. I'm in the process of writing down how to form strategy for PMs and this caught my eye. On your bullet #2 regarding uniqueness value, I recently read about how folks can confuse unique positioning vs execution efficiency. The former can lead products into a dominant market position while the ladder is usually a race to the bottom. Here's a quickie from HBR that may be interesting titled 'Japanese companies rarely have strategies': http://hrmpractice.com/japanese-companies-rarely-have-strategies/
"Strategy, on the other hand, requires hard choices."
This is an important point. Strategy is about choices, but then so is execution. Starting with an idea and adding your company take on it can be what makes it differentiated and competitive. What makes AWS, Azure, and Google Cloud successful each in their own right is what makes them special. No two companies would or should approach the problem the same way.
So insightful article. Should check this article again.
Memo to myself: https://share.glasp.co/kei/?p=ahBK9p6uXHKEgTLCdZV8
Felt like a crash course. Thanks for sharing. Are there any examples of good product strategies you could share with us to help us make an idea about what a good strategy looks like?
It was very insightful to read this article about product strategy. “The perfect strategy that is not executable is no better than having no strategy at all. “ - This is a great takeaway for me even as an engineer.
Thank you for sharing
Crash course in Product Strategy. Lots of nuggets to treasure :)
A strategic-management crash course in a post! Thanks for sharing, Deb!
Thanks Deb for this wonderful post!
There's a lot of wisdom around both strategy & execution packed in this post. Thanks Deb for sharing!