Want to know the secret to minimising risk in your product strategy?

Refining a product strategy is complex.

Implementing new features. Aligning with market trends. Balancing innovation with practicality. It's a delicate balance! That's why most 'sure-fire solutions' don't pan out. There's no one-size-fits-all strategy. But what if there was....

When I worked in management consulting and advertising it used to take months and a lot of people and money to come up with a sound strategy. But it always felt like a waste of time (and SO many PPT slides), to still only have a bunch of assumptions.

I tried to see how I could change that, and I discovered ONE method that reduces risk more effectively than anything else.

The secret? Test the riskiest elements of your strategy, BEFORE full-scale implementation.

Here's why:

πŸ“Œ Focus on High-Risk Areas - Target the parts of your strategy that are most uncertain. This helps you understand potential challenges early on, saving time and resources.

πŸ“Œ Gain Valuable Insights Quickly - By testing risky elements first, you get crucial feedback and data, which guides you in refining your overall strategy.

πŸ“Œ Adapt and Overcome - Make necessary adjustments before committing to a full rollout, so you don't waste $10,000's on features that add no value.


To put this into practice:

βœ… Identify the riskiest parts of your product strategy.

βœ… Use research, prototypes, fake landing pages etc. to test what will work.

βœ… Always collect data and feedback to make informed decisions, not assumed ones.


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Mistakes are costly, but failed experiments aren't.

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ps. this is me and my team when I was in management consulting, we'd just spent 1 week coming up with a 2-day workshop, and would take another week to actually distill it - only to have to do our own ideation anyway (but we had a good time)! Innovation theatre is the worst, hey?

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PLEASE - don’t go straight to the MVP