Product Strategy - Understand the "Why"
This template will help you to understand the product in a 360 0verview.
The focus of this tool is to recollect information about the business (goals, desires, and needs), users (customer journey, and user vs customer), data (north star and key metrics), technology (ecosystem, and production), and the product itself (enablers, uniqueness, and drivers).Once the information is collected, you can create a hypothesis to validate your product.
Instructions:
Start to fill the template from left to right and up-down.
The first column is about the business, so get a deeper understanding of how the business works, what are their goal, vision, strategy, and desired outcome.
The second column is about the product and its users. Remember that you can have Customers (who buy the tool) and Users (who are the people that are going to use the tool)
The third column is about the customer journey and process. Be very explicit about the touch points and processes that you are going to affect with your product.
The fourth column is about the Market, channels, and Production. Try to understand how the product is perceived in the market, how you are going to distribute it, and how you are going to produce it.
The fifth column is about Enablers, drivers, and Ecosystems. Think about the difference between your product against others and how your ecosystem is going to support this product,
The sixth column is about Data, uniqueness, and benchmark. What are the metrics you are measuring, what is the differentiator, and who are your competitors?
The seventh column is about your business model and budget. Understand what is the pricing model, structure, and GTM strategy. In addition, understand what is the budget available, in order to forecast your plan.
This templates was created by Michel Hauzeur.
Get started with this template right now.
Empathy Map for Educational Purposes
Works best for:
Product Management
Enhance your educational approach with the Empathy Map for Educational Purposes template. This tool helps educators understand students' perspectives, needs, and emotions. Use it to create a more empathetic and effective teaching strategy, ensuring that your educational content resonates with and supports your students. Ideal for teachers and educational planners aiming to improve student engagement and learning outcomes.
RAID Log Template
Works best for:
Agile Methodology, Project Management, Agile Workflows
Use the RAID Log template to better understand potential risks, assumptions, issues, and dependencies relating to an upcoming project. With this information, you can make effective contingency plans and prepare your resources accordingly. You’ll know what could go wrong throughout the project and how to fix the problem.
Product Development Phases
The Product Development Phases template assists product teams in managing and tracking product development stages effectively. By defining key phases such as ideation, design, development, and launch, this template provides a structured framework for project planning and execution. With sections for setting milestones, allocating resources, and tracking progress, it enables teams to streamline development processes and drive projects to successful completion. This template serves as a roadmap for navigating the complexities of product development and ensuring timely delivery of high-quality products.
PDCA Template
Works best for:
Planning
The PDCA template provides a visually compelling representation of the Plan-Do-Check-Act cycle, a foundational management methodology. Structured around four primary segments, this template helps teams systematically address challenges, test solutions, assess outcomes, and make necessary refinements. Using the PDCA template fosters continuous improvement. By cycling through each phase repeatedly, organizations can perpetually refine their strategies, ensuring they always move towards optimal solutions and processes.
Lean Coffee Template
Works best for:
Agile Methodology, Product Management, Meetings
What makes a great meeting (other than donuts)? It’s appreciating everyone’s skills, resources, and time by making the very best use of them. That’s what the Lean Coffee approach is designed to do. Great for team brainstorms and retrospectives, Lean Coffee breaks the meeting into three basic stages: what to discuss, what’s being discussed, and what’s been discussed. This template makes it easy for you to collect sticky notes and to update the columns as you go from topic to topic.
Product Monetization Canvas
Works best for:
Product Management, Planning
The Product Monetization Canvas template assists product managers in developing effective monetization strategies. By mapping out revenue streams, pricing models, and value propositions, this template helps align product features with revenue generation opportunities. With sections for analyzing market demand and competitive pricing, it enables teams to optimize monetization strategies and maximize profitability. This template serves as a strategic guide for identifying and capitalizing on revenue opportunities throughout the product lifecycle.