More in Product Strategy — page 13
Diary Study: Capturing User Behavior Over Time
A diary study captures user habits by having them log experiences over time. It's used to understand routines or decision-making in a user's natural environment, without the high cost of a field study. The footgun is relying on self-reported data.
Contextual Inquiry: Watch Users in Their Habitat
Go to the user's environment to see what they *actually* do, not just what they say they do. It's used in early discovery to uncover unstated needs by observing real workflows. The footgun is 'helping' the user, which pollutes the observation.
How Might We: Frame Problems, Not Solutions
“How Might We” questions turn research insights into broad prompts for brainstorming. Use them after user research to frame design challenges before ideating. The biggest footgun is embedding a solution in the question, which kills creativity.
Problem Statement Framing: Define the 'Why' Before the 'What'
Don't just solve the problem, solve the *right* one. Problem framing forces you to deeply understand a user's need before building. It's the first step in product development, ensuring teams don't build something nobody wants.
Qualitative vs. Quantitative: The 'Why' and the 'How Many'
Quantitative research counts and measures ("how many?"), while qualitative research explores and understands ("why?"). Use quantitative for A/B tests to get statistical proof, and qualitative for user interviews to uncover motivations.
Disruptive Innovation: Why 'Good Enough' Often Wins
Disruptive innovation isn't a better product, but a simpler, cheaper one incumbents ignore. It wins by serving overlooked customers at the bottom of a market, eventually moving up.
Value Chain Analysis: Find Your Edge by Mapping Your Activities
Value Chain Analysis maps a company's activities to find its competitive edge. Instead of a list of costs, it shows how each step adds value, revealing where you can lower costs or justify higher prices.
Diffusion of Innovations: How Good Ideas Spread
New tech spreads in a predictable S-curve, moving through groups from Innovators to Laggards. Use this model to target the right users at the right time, like focusing on Early Adopters to cross the 'chasm' to the majority.
Blue Ocean Strategy: Make Competition Irrelevant
Instead of fighting rivals in a crowded market ("red ocean"), Blue Ocean Strategy creates new, uncontested space ("blue ocean") that makes competition irrelevant. It applies when you pursue both differentiation and low cost.
The Ansoff Matrix: Four Paths to Business Growth
The Ansoff Matrix maps growth strategy onto a 2x2 grid of products (new vs. existing) and markets (new vs. existing). It helps you decide whether to sell more of what you have or invent something new. The footgun is underestimating the risk of new ventures.
User Personas: Build for a 'Who', Not a 'What'
Personas are fictional character sheets for your ideal users, grounding product decisions in human needs, not just features. They guide choices from UI to marketing by asking "What would our user do?".
PESTLE Analysis: Mapping Your Business's External World
PESTLE analysis is a strategic checklist for scanning the external world for threats and opportunities you can't control but must react to. It's used for market entry strategy and product development.
TAM, SAM, SOM: Sizing Your Market Opportunity
TAM, SAM, and SOM are nested filters for market size. TAM is the total demand, SAM is the segment you can serve, and SOM is what you can realistically capture. It's how you go from 'everyone' to 'our first 1,000 users'.
Go-to-Market (GTM): Your Plan to Enter a Market
A Go-to-Market (GTM) strategy is the complete plan for connecting a product with customers to achieve a competitive advantage. It defines the target market, pricing, and distribution channels. The footgun is treating GTM as just a marketing or sales plan.
Porter's Five Forces: Is This Industry Worth Entering?
Porter's Five Forces is a framework for analyzing an industry's profit potential. It assesses the competitive environment to determine if a market is attractive or if its structure will drive all profits down to a baseline, like in pure competition.
The Strategy Kernel
The strategy kernel, from Richard Rumelt, is the minimal structure of a real strategy: a diagnosis of the actual obstacle, a guiding policy for addressing it, and coherent action that carries it out, separating genuine strategy from a list of goals.
Market Segmentation: Don't Sell to Everyone
Market segmentation means you don't sell to everyone. It's about dividing your market into smaller, meaningful groups to target them with tailored strategies. This is used for focused ads or niche product features.
Product Roadmap: A Strategic Plan, Not a Feature List
A product roadmap is a strategic guide, not a rigid timeline, showing how work achieves long-term goals. It's used to align engineering, product, and leadership on priorities.
Strategy vs. Tactics: The Map vs. The Directions
Strategy is your destination and why you're going; tactics are the turn-by-turn directions. A product strategy defines the long-term goal, like 'capture the enterprise market,' while tactics are the specific feature launches to get there.
Product Strategy: The 'Why' Behind Your Product
Product strategy is the 'why' behind your product, connecting its vision to business goals. It's the compass that guides development, not the feature-by-feature map. The common footgun is confusing strategy (the why) with the roadmap (the what and when).