Tag: product-strategy

What Is Perceived Value

What is perceived value and how can you capture it?

Product Management

Perceived value is the worth, or benefit, that a customer believes they will receive from a product, depending on their individual needs.

Klaas Hermans
Jun 9, 2023 ⋅ 8 min read
What Is Competitive Advantage Strategy With Examples

What is competitive advantage? Strategy with examples

Product Management

Competitive advantage can only be created with strategic management. As PMs, we identify the differentiator points and amplify them to create a competitive advantage.

Zeynep Cansu Yildirim
Jun 9, 2023 ⋅ 9 min read
Gap Analysis: Template, Definition, And Examples

Gap analysis: Template, definition, and examples

Product Management

A gap analysis is a strategic planning tool that can help you identify discrepancies between your current performance and your desired or potential performance.

Bart Krawczyk
Jun 8, 2023 ⋅ 4 min read
What Is A Decision Matrix? Templates, Examples, And Types

What is a decision matrix? Templates, examples, and types

Product Management

Often, the plethora of choices you must make generates decision fatigue, clouding objectivity and escalating subjectivity. A decision matrix helps distill choices down to their core attributes, offering a simplified, objective perspective for comparison.

Surbhi Sooni
Jun 7, 2023 ⋅ 8 min read
5 Scrum Ceremonies Explained

The 5 scrum ceremonies explained

Product Management

Scrum ceremonies are a series of structured events that provide a foundation for effective communication, collaboration, and decision-making among team members.

Nicole Somerstein
Jun 7, 2023 ⋅ 8 min read
How To Create A Lean Canvas (With Template)

How to create a Lean Canvas (with template)

Product Management

A Lean Canvas is a single, visual document that outlines what you need to consider when moving from a potential idea to a mature business.

David Pereira
Jun 7, 2023 ⋅ 4 min read
The PDCA Cycle In Modern Product Management

The PDCA cycle in modern product management

Product Management

The agile premise of working in short iterations to create a working product increment and learning from feedback to understand what to best do next is essentially PDCA.

Willem-Jan Ageling
Jun 6, 2023 ⋅ 6 min read
Product Lifecycle Management: An Overview

Product lifecycle management: An overview

Product Management

Product lifecycle management is essential for companies that are looking to stay competitive in today’s rapidly changing business environment.

Aniket Parihar
Jun 5, 2023 ⋅ 6 min read
Understanding Conway's Law

Understanding Conway’s law

Product Management

When you embrace Conway’s law and understand its influences on organizational structure and social dynamics, you can benefit from its direct correlation with product outcome and quality.

Suhasini Gadam
Jun 2, 2023 ⋅ 8 min read
Fit Gap Analysis Templates And Best Practices

Fit gap analysis templates and best practices

Product Management

A fit gap analysis offers a precise lens through which companies can scrutinize their current performance and compare it with their potential.

Anjana Rao
Jun 2, 2023 ⋅ 6 min read
AI Invasion: How Companies Are Inserting AI Into Their Products

AI invasion: How companies are inserting AI into their products

Product Management

Almost every single company is thinking about how to use AI. There are a few common ways companies are integrating AI into their products.

Diana Hsieh
Jun 1, 2023 ⋅ 8 min read
What Is A Product Vision Statement And How To Write One With Examples

What is a product vision? Definition, template, and examples

Product Management

There is more art than science to creating a product vision statement. Check out some examples of product vision statements that drive the development of real-world products.

Harish Natarahjan
May 31, 2023 ⋅ 11 min read