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PODCAST
EPISODE
95

Ep. 95: Product strategy creation

SUMMARY

Explore the intricacies of product strategy creation with a focus on balancing customer needs and market readiness, while emphasizing the importance of an emergent strategy for rapid iteration and finding equilibrium between exploration and exploitation.

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podcast recording

Description

Peter and Dave explore strategy creation in this episode, specifically focusing on product development, discovery, and management. Drawing from their own experiences, they discuss the challenge of balancing creating a product and actively listening to customers when venturing into a new marketplace. They raise important questions, such as determining when a product is ready for the market and identifying the differentiators that will enable organizational success in a competitive landscape.

This week's takeaways:

  • It's essential to understand the customer's needs and motivations.
  • Emphasizing an emergent strategy allows you to rapidly iterate, improve, and build upon your product based on customer feedback and market insights.
  • Find the balance between exploration (observing, listening, empathizing) and exploitation (accelerating product delivery).

We would love to hear from you! Share your thoughts, questions, or suggestions for future episodes at feedback@definitelymaybeagile.com. And remember to subscribe to stay updated on our latest releases.

Transcript

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