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DESIGN

Define the Product Goals

Create a Clear Product Vision

A product vision defines the product’s purpose and long-term goals. It serves as a guiding star for the team, ensuring all efforts contribute to a cohesive goal.

Why it's Important
  • Inspires and aligns teams.

  • Provides a clear direction for decision-making.

  • Helps prioritize ideas that contribute to the vision.

How to Implement
  • Host Vision Workshops: Collaborate with stakeholders to articulate the product’s purpose and value.

  • Study Competitors: Analyze what similar products aim to achieve and where gaps exist.

  • Draft a Vision Statement: Summarize the product’s goals and unique value in one sentence.

  • Refine and Share: Iterate based on feedback from team members and stakeholders.

  • Document and Evangelize: Regularly remind the team of the vision during planning sessions.

Available Workshops
Deliverables
  • Vision statement.

  • Competitive analysis.

  • Elevator pitch.

How to Measure
  • Team alignment around the vision.

  • Consistency of decisions with the vision.

  • Stakeholder approval of the vision.

Real-World Examples

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Google

“To organize the world’s information and make it universally accessible and useful.” This vision drives all product development.

Cards - Airbnb.jpg

Instagram

Focused on “capturing and sharing the world’s moments” to promote visual storytelling.

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Zoom

Emphasized “making communications frictionless,” ensuring simplicity and accessibility in every feature.

Get It Right
  • Keep the vision concise and inspiring.

  • Collaborate with cross-functional teams.

  • Make the vision specific and actionable.

  • Regularly communicate the vision to stakeholders.

  • Adapt the vision as new opportunities arise.

Don't Make These Mistakes
  • Crafting a vague or uninspiring vision.

  • Excluding stakeholders from the process.

  • Overcomplicating the language.

  • Failing to align vision with user needs.

  • Neglecting to revisit and evolve the vision.

Fractional Executives

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