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Building what matters: Back-to-basics of product strategy

  • Product strategy is crucial to ensure successful outcomes by building products customers need or will want.
  • Various frameworks exist to master product strategy, encompassing elements like problem-solving, differentiation, and strategic alignment.
  • Porter's 5 tests of strategy are fundamental to evaluating product strategy success, emphasizing aspects like problem definition, unique capabilities alignment, and sustainability.
  • Emphasizing a stable and focused product strategy over time is vital for refinement and competitive advantage.

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