Strategy and Scaling teams
Product strategy & how to scale teams
- Every division of a company has some sort of strategy. The executive business team sets up strategic direction for the company. The other division below then create a micro strategy to lead up to the macro strategy set by the business.
- Strategy is nothing but a plan to accomplish a goal. There can be good strategies and bad strategies
- Are you building a scooter or an electric car. If you’re building the latter, doesn’t make sense to try to create an MVP scooter in the short term, since it doesn’t relate to the long term vision of building an electric car. The long term vision would be better achieved by building an MVP car /vehicle. Or if you pivot in between, the long term strategy needs to be set up before you can start building in any direction.
- How long can you take off from your team. If you can take off for a long period of time, then you’ve done your job as a leader. You’ve built a team that’s set up for success, who can take great decisions or better decisions even if you’re not looking, you trust them enough to be able to put the teams/products responsibility on their shoulders and you’ve built a long term plan/strategy/vision which your team believes in and is aligned with.
- Judgement call in hiring people, trusting them to fail and learn fast on the job, trusting them to do their job and reminding yourself that you’ve hired them for a reason (the reason you hired them in the first place). So get out of their way and let them do their job!
- Realizing that the person you’ve hired is not the right person to do the job that you’ve hired them to do. However they’re still a great product manager, and then you need to find them a place that fits/suits them.
- Different kinds of product managers..every company/team requires different kinds.
- Provide agency to upcoming/new product managers to excel at their roles, the roles that you’ve hired them for.