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tagged with all of: data-driven + decision-making
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Ant Murphy outlines a four-step process for developing a product strategy, emphasizing the importance of gathering data, creating strategic narratives, identifying leverage, and making informed choices. Each step requires critical thinking and adaptability, as the strategy is not fixed and should evolve with new insights and information.
The article discusses the experimentation maturity model created by Ronny Kohavi, which helps organizations assess their capabilities in running effective experiments. It outlines the different stages of maturity, from initial experimentation to more advanced practices that drive data-informed decision-making and innovation. By understanding their maturity level, companies can improve their experimentation processes and outcomes.
The article discusses methods for measuring the commercial impact of engineering initiatives at scale, emphasizing the importance of data-driven decision-making. It outlines various metrics and approaches that organizations can use to evaluate the effectiveness of their engineering efforts in contributing to business outcomes. By implementing these strategies, companies can better align their technical capabilities with commercial goals.
The article discusses the challenges that arise when metrics begin to dictate decision-making processes, highlighting the importance of maintaining a balance between data-driven insights and human judgment. It emphasizes the need for organizations to remain vigilant against the risks of over-reliance on metrics that may not capture the full picture of performance and outcomes.