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As a product manager, it's important to periodically ask individuals about their priorities to ensure a clear product strategy. Without a strategy, prioritization becomes difficult.
If you receive conflicting responses, it's a strong indicator that you lack a clear strategy.
Product strategy is a system of goals that align teams towards desired outcomes. It provides clear guidance and helps prioritize activities effectively.
The primary aim of a product strategy is to connect teams and channel their efforts in a single direction.
A clear product strategy creates a shared vision where every team effort contributes to important company objectives. Without a strategy, teams engage in actions without a clear understanding of the bigger goal.
Without a strategy, teams engage in a multitude of actions without a clear understanding of the bigger goal, making prioritization an impossible task.