Priority misalignment at the leadership level impedes on innovation success
So much effort goes into the planning exercise
Product initiatives are submitted and reviewed in detail, with the guiding principle aimed at prioritizing initiatives that align with the strategic goals
Fair enough!
But somewhere during the exercise, everything gradually becomes critical
And resourcing considerations become less critical
So what happens next is exactly what the planning exercise was meant to eliminate in the first place
Additional justification of the product initiatives is expected at the next tier of management
A scramble to win over the limited resources becomes rampant
Managing self-inflicted roadblocks becomes the norm
And the ones that don’t make it, become the starting list for the next planning exercise
And the cycle continues….
Now, imagine if a product strategy was at play from the very beginning
Essentially, there would be a clear roadmap to facilitate the prioritization exercise
And this places product management at a whole new level
If you want to know how to leverage a product strategy to eliminate misalignments
Take my free assessment to see if you have all the moving parts in place. Link is in the comments section