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Most Product Managers have relatively narrow roles and decision rights on product portfolios are fragmented on various functions. This creates incoherence between a company's product and its overall Corporate Strategy.
What is needed is a more accountable decision rights that align responsibility for results to one person who also has cross-functional decision-making authority. This realignment is at the core of Strong-form Product Management.
This presentation provides the basic framework on Strong-form Product Management Model. Adopting a Strong-form Product Management Model begins with 5 essential steps.
1. Hire Product Managers with Proper Skills.
2. Create Financial Transparency to the Product Level.
3. Implement Product-first Decision-making Processes.
4. Develop Strong Customer Relations.
5. Encourage Cross-functional Collaboration.
This presentation also discusses Change Management principles to follow to successfully transform your Product Management processes and adopt the Strong-form Model, as well as how the Strong-form Model links Strategy to Execution.
This deck also includes slide templates for you to use in your own business presentations.