{"id":490,"date":"2019-10-23T11:21:48","date_gmt":"2019-10-23T11:21:48","guid":{"rendered":"https:\/\/itamargilad.com\/?p=490"},"modified":"2022-01-12T10:57:04","modified_gmt":"2022-01-12T10:57:04","slug":"product-strategy-must","status":"publish","type":"post","link":"https:\/\/itamargilad.com\/product-strategy-must\/","title":{"rendered":"Creating Product Strategy with Multiple Strategic Tracks (MuST)"},"content":{"rendered":"\n
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Product Strategy is hard. For most tech companies their first big product success is also their last. Finding a second hit is very hard no matter how much we invest in vision and strategy development. The core business somehow always generates 90%+ of revenue and engagement.<\/p>\n\n\n\n
But some companies are different. Consider these magical product sequences:<\/p>\n\n\n\n
Apple: iPod \u2192 iPhone \u2192 iPad<\/li>
Amazon: Book store \u2192 Everything store \u2192 Marketplace<\/li>
Netflix: Mail-order DVDs \u2192 Video streaming \u2192 Originals<\/li>
Tesla: Roadster \u2192 Model S \u2192 Model X \u2192 Model 3<\/li><\/ul>\n\n\n\n
How do they do it?<\/p>\n\n\n\n
Here\u2019s is the common-wisdom answer: a visionary leader + flawless strategy + a culture of innovation (etc.). It\u2019s a fantastic story that the companies and their leaders are only too happy to perpetuate.<\/p>\n\n\n\n