If you’re looking for Part 1, it’s here !
At Alan we love to share the way we work. In our last blog post, we defined the first steps to review your Product Strategy and Plan it as a team. You will find here the last (but not least) 2 days.
During the first part of the week we have focused on:
It is now time to finalise the evaluation and define your priorities and the way you are going to work in the next months with an actionable and ambitious roadmap.
Objectives of the day:
This day is about creating the tools for a clear vision of all your ideas and how they are going to impact you, so you can select the most important ones, meaning with the best ratio value to cost.
We want now to build and define our cost grid so we have a simple decision framework for estimating the cost of our ideas:
It is time to actually cost all your ideas:
It is now time to list all these ideas in a visual perspective:
🍽 🍱 🍦 ☕️ 🍽 🍱 🍦 ☕️ 🍽 🍱 🍦 ☕️
We will now select the ideas we want to remove and the ones we want to keep. We called it the “Screaming contest” 😱 😱 😱 😱 😱
With iteration we managed to put everything out or in the roadmap. We used Trello to save everything.
Objectives of the day:
It is your last day! Your goal is to wrap up all the ideas and have clear and simple roadmap for your next 3 months, and have the right order of priority for the rest of the year (it is really hard to plan more than three months away).
Now, you can prioritize post-its: the rank it method
⏰ 1 min max per vote
Put the big ideas (L, XL) on a timeline:
Outcome: a roadmap *per track* (insurance, product, design, eng) for the next three months that details ‘blocks’ that need execution + a prioritized list of remaining tasks that need to be executed in order afterwards.
Then, update the Trello (or your roadmap tool) with all this new data (XL, L, M, S, High Priority Month 1, High Priority Month 2, High Priority Month 3):
It is really important for a fast growing company to remain very ambitious in its goal while improving the way it is solving them while it grows.
To sum-up, the five big steps to build an ambitious Product Strategy are:
We are very happy of that week, from which we came back with a shared knowledge of what we want to do, why we want to do it and how we will do it. And we already delivered very quickly after it with our product for freelancers / self-workers.
Structuring your week and the way you process information, helps you be more ambitious, solve problems quicker and deliver very innovative ideas.
A few learnings:
We hope our methodology for Product Strategy Sprint will be useful to your company.
Our week in a video:
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