The Context Matrix​Dear Reader,​ Every level of product management involves two areas: creating context and making sense of it. While creating the context partially depends on the environment you work in, making sense of the context mainly depends on the hard skills a product team has. ​ For Product Strategy, the context consists of internal and external data points about the market, your capabilities, how you plan to differentiate, your mission, and long-term goals. Making sense of it means forming the right relationships between these areas, making choices, and communicating and executing these the right way. For setting Product OKRs, the context contains inputs such as the purpose/mission/vision, Product Strategy, Company OKRs, and Roadmaps. Making sense of these means identifying KRs that capture the product from as many angles as possible, describing changes in behavior (Outcomes), and allowing the team to adjust their actions (leading indicators). The context of Product Discovery results from defined goals and strategic priorities, as well as existing qualitative and quantitative insights about your customers. Making sense requires creating a narrative around the problem space, prioritizing the right research questions and interpreting insights, ideating solutions based on proven challenges, and validating before building. Thank you for practicing Product, ​Tim​ What did you think of this week's newsletter?
As a Product Management Coach, I guide Product Teams to measure the real progress of their evidence-informed decisions. I focus on better practices to connect the dots of Product Strategy, Product OKRs, and Product Discovery. |
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