A Product Vision is the cornerstone of successful product development. It defines the long-term purpose of a product, acting as a guiding star for teams and stakeholders. More than just a statement, it’s a narrative that answers the “why” behind your product’s existence. What Is Product Vision? At its core, a product vision describes the…
The MoSCoW Method is a widely-used prioritization framework in product management. It helps teams determine which tasks, features, or requirements to focus on by categorizing them into four priority levels: Must Have, Should Have, Could Have, and Won’t Have. Breaking Down the MoSCoW Categories Why Use the MoSCoW Method? Best Practices for Using the MoSCoW…
The “Jobs to Be Done” (JTBD) framework is a powerful tool for understanding customer needs and creating solutions that truly resonate. Instead of focusing on demographics or features, JTBD emphasizes the underlying motivations behind why customers “hire” a product or service to solve a specific problem or achieve a desired outcome. What is the Jobs…
Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving its business objectives. Whether you’re managing a product, a team, or an entire organization, KPIs help track progress, identify areas of improvement, and ensure alignment with strategic goals. Why are KPIs Important? They provide clarity on performance and help guide…
A Go-to-Market (GTM) strategy is a comprehensive plan that outlines how a product will reach its target audience and achieve a competitive position in the market. It is a critical step to ensure a successful product launch and sustained growth. Why is a GTM Strategy Important? Without a clear GTM strategy, even the best products…