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tagged with all of: decision-making + evidence-based
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Prioritization is a critical yet challenging process in product management, requiring careful evaluation and comparison of ideas. The article explores various prioritization methods, highlighting the shift towards evidence-guided approaches and the limitations of traditional intuition-based methods. It also emphasizes the importance of adapting techniques like Cost of Delay to include broader value metrics and evidence-based confidence.
The article discusses the impact of evidence-based decision-making over the years, emphasizing its importance in various fields. It highlights how integrating data and research into practices can lead to more informed and effective outcomes. The author reflects on personal experiences and broader implications of following evidence rather than intuition alone.
Knowing when enough discovery has been done is subjective and contextual, hinging on the concept of informed conviction rather than a fixed formula. As evidence accumulates, product teams may decide to keep moving forward, pivot, or commit to building solutions based on the clarity of their findings. Adaptable discovery emphasizes the ongoing process of learning and adjusting based on new evidence throughout the product lifecycle.
Product Discovery should be treated like a product itself, focusing on reducing uncertainty rather than following rigid processes. The intensity of Discovery should match the level of uncertainty faced by product teams, and success should be measured by evidence-based decisions rather than adherence to theoretical frameworks. A practical approach, such as the "one-week test," encourages teams to prioritize high-impact activities in their Discovery efforts.