GIGAMIND

Folder:
122 Product Management
File:
122.06.02 PM Upper Management - Lack of product vision and strategy is a common problem

Lack of product vision and strategy is a common problem

A common problem for product teams is a lack of vision from the management about the future vision for the company's products, and the strategy that will leveraged to get there. This lack of communication and organization from management makes it difficult for product teams to work autonomously and be empowered to make good decisions that support the vision. It slows teams down and causes harm to both the firm and the individual contributors who are confused about how their work contributes to the larger goals of the company.