Feeding Your Business Case

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Product strategy manifests as a collection of bets, investment decisions to do something or not, to do things now or later. A business case requires you to compare the predicted costs with the expected benefits. Your problem statement must articulate the expected benefit in economic terms to support your decision […]

The Wrong Measure Will Misdirect You

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When deciding what to measure, we often choose metrics which sound good or metrics which are easy. These mistakes can make a product strategy incoherent, excessively expensive, and ineffective. How we talk about what we choose to do sets our teams up for success. Or failure.

Uselessly Wide Estimation Ranges

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Estimating with ranges requires a level of transparency which may be uncomfortable because you are acknowledging what you don’t know. Doing this, however, cascades into multiple positive consequences. This is also a necessary component of outcome orientation.

Probabilistic Thinking in Problem Statements

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Product management is fundamentally a discipline of decision-making. Which investments to make, which problems to solve, which customers to serve, etc. The approach we take to decisions is fraught with peril, and we benefit from removing unconscious biases – improving our ability to elegantly make decisions to improve and advance […]

Biasing with Problem Statements

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Good product management is understanding the problems your customers want to solve, how your customers get value from solving those problems, and figuring out how best to help them. We need a little help to actually understand those problems from the customer’s point of view. Even good product managers will […]

Problem Statements Solve for Someone

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There’s a difference between who is exposed to a situation (many people) and who experiences that situation as a meaningful problem they would like to solve (a select few). It is important to not describe a situation as self-evidently bad, but rather to reshape your framing to discuss the problem […]