The Empowerment Triangle can help companies add internal and external stakeholders to the product team to create alignment among the teams.
Internal stakeholders in the organization, such as the C-Suite, determine resource allocation across competing priorities.
They bring in specialized support, like HR, to provide additional expertise for execution in allocating resources.
External stakeholders include paying customers, design partners, and investors. They provide the capital required for an organization's survival and growth.
Product teams must communicate that the outcomes their solutions provide deliver greater value than the price external stakeholders pay for access to them.
External stakeholders rely on Internal company leadership to provide strategic transparency into internal operations.
The final element of the Empowerment Triangle is the Product Team. They deliver value by combining strategic vision, execution, and feedback from internal and external parties.
With the Empowerment Triangle, organizations can generate the resources and alignment necessary to deliver exceptional value.
Positive tension between Product, Internal Stakeholders, and External Stakeholders ensures accountability and alignment, allowing the organization to thrive.
The Empowerment Triangle fosters positive tension across teams, promoting efficient allocation of resources, and successful delivery of value to customers.