In order for our product teams to be empowered and make the right decisions, we need to make sure they have the necessary context to make these decisions.
Our strategic context consists of the following:
While the strategic context is defined by leadership and is top-down, the product team(s) defines the “how” to contribute to reaching the company’s mission, vision, and yearly targets (in line with the strategy). However, this does not happen in isolation but rather is a continuous back-and-forth with leadership and the rest of the company.
There are a couple of frameworks that make this bottom-up input & continuous back-and-forth possible:
In the end, we are a technology/product company - so we need to translate our strategic context into concrete actions. This is where ‣ (how) and ‣ (doing it, execution) comes in.
At this point, we focused on a limited number of critical problems - defined by our product strategy - so now it’s time to leverage insights into actions.