Product Strategy is the high-level plan to achieve the vision, why high-level, because it does not contain the actionable steps required to successfully execute the plan, which is also known as tactics. Tactics are the specific actionable steps required to execute the plan.

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What is Product Strategy and how to create a Product Strategy?

Let’s again try to understand by breaking this into the Product and the Vision. As explain in the last blog, the Product is the vehicle through which businesses deliver values to its customers and the Vision in this context means to foresee where the product will be in some point of time in future. Therefore together Product Vision or Product Vision Statement is the statement which explains What the vehicle will be, for Whom and Why the company is building this vehicle.

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What is a Product Vision and how to create one?

Product Management is the intersection between Design, Technology and Business. It validates whether the feature or the product (as a whole), is viable, useable, valuable and feasible. If the feature or the product fails in any of these parameters, it needs to be dropped from the plan immediately.

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What is Product Management?

Agile or Agile Software Development or Agile SDLC or Agile Methodology is a practice which is being use by software development companies to build software. Agile was introduced in the spring of 2000, when a group of 17 software developers met to discuss how they could speed up development times in order to bring new software to market faster.

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What is Agile?

Design Thinking is an iterative process in which we seek to understand the user, challenge the assumptions, and redefine problems in an attempt to identify alternative strategies and solutions that might not be instantly apparent with our initial level of understanding.

BJ

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What is Product Strategy and how to create a Product Strategy?

What is a Product Vision and how to create one?

What is Product Management?

What is Agile?

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