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Based on this picture, these metrics can help you calibrate your progress:
- The total number of ideas evaluated per quarter (using, at minimum, ICE analysis and goals alignment)
- Number of ideas tested per quarter
- The number of ideas released per quarter
- Total number of tests and experiments conducted per month
- Percent of steps that generated learning (i.e., where we were able to rescore the idea and/or generate useful insights based on the evidence collected)
- Percent of ideas launched at least with a medium Confidence level (per the Confidence Meter)
- Percent of ideas released that generate measurable outcome improvements
The first four metrics are aligned with Linus Pauling’s observation that the way to have good ideas is to test many ideas.
Evidence-Guided
Itamar Gilad
An opportunity represents a need, a pain point, or a desire that was expressed during the interview. Be sure to represent opportunities as needs and not solutions.
Continuous Discovery Habits
Teresa Torres
Product strategy is selecting the right problems to solve and breaking them down into actionable opportunities with measurable objectives.
Let’s unpack that...
• **'Right problems**' because we must prioritise, we can't solve everything at once
• '**Problems**' not solutions, so teams have the freedom to discover solutions themselves
• '**Actionable opportunities'** so teams know what to do next
• **'Measurable objectives**' so teams focus on outcomes and can learn from results
Strategy is focus. Product strategy purposefully narrows attention to prevent distraction. By aligning limited resources toward a single focal point, we dramatically increase the odds of meaningful breakthroughs.
The purpose of Product strategy is to create clarity at the team level. It shifts conversations from "what do stakeholders want us to build?" to "how do we solve the problem we all agreed was most important?". Framing expectations as expected outcomes helps to empower teams**.**
Product Strategy as a Living Conversation
Product Breaks
...catch up on these, and many more highlights
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