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Must Have

90-120 days

Stakeholder Approval

Securing the agreement and support of key stakeholders for the product strategy, plans, and decisions. This ensures alignment and commitment across the organization.

IMPLEMENTATION

  • Identify key stakeholders (executives, department heads, major investors, etc.).

  • Prepare detailed presentations and documents outlining the product vision, roadmap, and key decisions.

  • Highlight the benefits, potential risks, and mitigations of the proposed plans.

  • Schedule meetings or workshops to present and discuss the plans with stakeholders.

  • Address any concerns or questions raised by stakeholders.

  • Obtain formal approval through meetings, written confirmation, or voting processes.

  • Document the approvals and keep a record for future reference.

TIPS 

  • Engage stakeholders early in the planning process to build trust and rapport.

  • Clearly communicate the value proposition and expected outcomes of the product.

  • Be transparent about challenges and how you plan to address them.

  • Tailor the communication style to the audience’s preferences and priorities.

  • Follow up regularly to keep stakeholders informed of progress and changes.

WHY IMPORTANT

Crucial for ensuring organizational alignment, securing necessary resources, and preventing conflicts or misunderstandings.

R

Product Management

A

Product Management

C

Executive Team, Marketing, Sales, Customer Support, Engineering

I

Operations, Stakeholders, Company

Fractional Executives

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