Tag: prioritization

How To Design A Successful Product Strategy

How to design a successful product strategy

Product Management

Product strategy is a simple system of goals that aligns teams toward desirable outcomes for both the business and the customers.

Dr. Marina Stojanovski
Feb 6, 2024 ⋅ 5 min read
Confirmation Bias: Seeing What You Want To See

Confirmation bias: Seeing what you want to see

Product Management

Confirmation bias occurs when an individual makes decisions that are consistent with their existing beliefs by selectively looking at data.

Raluca Piteiu-Apostol
Jan 3, 2024 ⋅ 3 min read
Anchoring Bias: The Invisible Hand Behind Decision-Making

Anchoring bias: The invisible hand behind decision-making

Product Management

Anchoring bias refers to the human tendency to rely too heavily on the first piece of information offered when making a decision.

David Theil
Dec 14, 2023 ⋅ 3 min read
A Guide To Loss Aversion

A guide to loss aversion

Product Management

Loss aversion is the psychological concept behind the human response that attributes more to losses versus gains.

Leah Campbell
Dec 7, 2023 ⋅ 4 min read
How Mission Statements Guide Companies

How mission statements guide companies

Product Management

A mission statement is a simple statement that outlines the company’s purpose, values, and goals as it exists today.

Kimberly Hale
Nov 15, 2023 ⋅ 4 min read
How To Calculate The Payback Period

How to calculate the payback period

Product Management

The payback period is the length of time it takes for a new feature to generate the amount of money it costs to develop.

Anna Schmunk
Nov 13, 2023 ⋅ 2 min read
How To Use The Now, Next, Later Roadmap

How to use the Now, Next, Later roadmap

Product Management

As the words suggest, Now, Next, Later is a simple roadmap tool that can help teams understand the priority of their work.

Aniket Parihar
Nov 9, 2023 ⋅ 3 min read
A Guide To Setting Project Timelines

A guide to setting project timelines

Product Management

A project timeline is a visual representation of the tasks, milestones, and deliverables involved in developing and delivering a product.

Bartosz Jaworski
Nov 1, 2023 ⋅ 4 min read
How A Workback Schedule Can Optimize Your Project Planning

How a workback schedule can optimize your project planning

Product Management

A workback schedule involves creating a timeline in reverse, starting with the project completion date and working your way back through.

Robert Drury
Oct 25, 2023 ⋅ 4 min read
Decision Tree Templates For Making Confident Product Choices

Decision tree templates for making confident product choices

Product Management

A decision tree looks like a tree where the trunk is the main problem you are trying to solve or the choice you are going to make.

Alexander Hipp
Oct 17, 2023 ⋅ 5 min read
Understanding Escalation Of Commitment In Product Decisions

Understanding escalation of commitment in product decisions

Product Management

Escalation of commitment is a pattern of continuing to commit to the same strategy despite seeing evidence that the strategy isn’t working.

Diana Hsieh
Oct 16, 2023 ⋅ 7 min read
How To Improve Lead Time

How to improve lead time

Product Management

Lead time in product management is the amount of time it takes to deliver a product or feature to the customer.

Bartosz Jaworski
Oct 6, 2023 ⋅ 3 min read