Pulled in every direction why it's hard to prioritize a backlog without a vision

Pulled in Every Direction
Why It’s Hard to Prioritize a Backlog without a Vision
@RajeshNerlikar
Agenda
2
About Me1
Why Product Vision Matters2
Ways to Express a Product Vision3
Examples4
Questions5
About Me
4
My Product Management Journey
5
Backlog Prioritization Techniques
Folding Burritos: 20 Product Prioritization Techniques
Why Product
Vision Matters
The Bus
7
Where To?
8
The Route
9
What If?
10
11
Connecting the Dots...
Your Product
Your Customers
Your Product Vision
Your Product Strategy
Your Product Roadmap
Bus
Passengers
Final Destination
The Route
Daily Itinerary
The vision for where the product is going
12
What Are Enterprise Customers Buying?
Today’s product
Ogi: Rethinking Agile for Enterprise
If you don’t know where
you’re going, any road will
get you there.”
Lewis Carroll
13
14
At First...
15
But Then...
No, I’m Not Saying...
16
The Evolution of a Product Vision
17
Ways to Express a
Product Vision
Future Press Release
19Andrea Marchiotto’s How to Guide
Lean Canvas
20LeanStack
Product Positioning Statement
21Trew Marketing: Practical Steps for Creating a Product Positioning Statement
Vision Video
22Asana's Vision
Customer Journey: Comic Strip
23
Customer Journey: Story
24
Customer Journey: Visiontype
25Silicon Valley Product Group: Visiontyping
26
Best Practices for Creating a Product Vision
Write it down.
Forge a unique
path.
Use a 3-5 year
horizon.
Update it
regularly.
Make it bold yet
feasible.
Never lose sight
of the customer.
Examples
Opower
28
Now Oracle Utilities
29
Vision
Save Americans
millions of hours
in deciding what
to cook, buying
groceries, and
preparing
home-cooked
meals
30
Chuckwagon: The 5-Year Plan
Milestone
1 (2020)
Recipe Plans
One-tap to get a personalized
recipe plan for the household
for every meal this week
Milestone
2 (2022)
Grocery Delivery
Convert meal plans into
grocery lists for one-tap
ordering.
Milestone
3 (2024)
Home Chefs
Make it easy to get a chef to
come prepare your week’s meal
plan for you.
Paid
Users
50k 150k 1M
CAC $10 $5 $25
ARR
$2M
($2M monthly subs)
$10M
($5.3M monthly subs
$4.7M grocery orders)
$50M
($36M monthly subs
$10M grocery orders
$4M home chefs)
We are here.
31
Milestone 1 Key Features
32
Milestone 2 Key Features
33
Milestone 3 Key Feature
Chuckwagon Balanced Roadmap
34
35
Balance Depends On Product Stage
Your Product?
36
Questions?
rajesh@foster-innovation.com
Contact Info
38
@RajeshNerlikar
linkedin.com/in/rajeshnerlikar
1 of 38

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Pulled in every direction why it's hard to prioritize a backlog without a vision