Balancing Possibilities, Realities and Long-Term Product Value
Explore strategic product management in AI with a focus on ideation, prioritization, and enhancement, emphasizing customer value and creative thinking.
Strategic product management
There are multiple ways in which a product could stand to benefit from AI adoption, and understanding the Venn diagram of what’s probable and what’s possible is an important part of our AI product strategy journey. As we continue this exercise, we’ll go through a spectrum. We’ll start with a really open-ended, right-brain brainstorming session on the cerebral notion of value and how our product can deliver it to our customers, which will then be refined by a left-brain, analytical breakdown of the fruits of that brainstorming session. Both are important parts of the product management creative process.
Whether we look at our product from the perspective of the main problems our customers face, the jobs to be done, or feature parity, we’ll want to get a sense of which AI enhancements would be most high-value for our product, which would be the most low-cost, which have the best data readiness or availability, and which have the highest degree of the executive or market sponsorship.
What factors should be considered when evaluating AI enhancements for a product?
Sustainable AI adoption
Educating ourselves, reading books and articles about how AI can bolster our product, and adopting a student mindset will be the most helpful things we can do at the onset of this journey we’re taking—and it is a journey! Being mindful about taking our time to ...
