LinkedIn realizes its vision “to create economic opportunity for every member of the global workforce” by creating a platform where people can develop their professional networks and look for employment opportunities across the globe.Gong has an inspiring product vision “to enable leading revenue teams to get the unfiltered truth about their customer interaction, their deals, and transform the way they go to market“.Visual tools like Miro can help teams take stock of all the ideas when they are trying to organize them into a concise product vision statement.As you get more data, you are able to narrow down your focus. Product vision development takes a few iterations.These factors include who the key customer is, what their needs are, what solutions are already available, and how your product could beat them.A product vision statement template will help you focus on the key pieces of the puzzle you need to figure out.They are also in sync with the company’s vision and shape the product strategy. Best product vision examples focus on delivering value, are clear, and inspire the team and customers.For the product vision to be effective, it can’t constrain the teams’ freedom to come up with the best solutions.A solid product vision increases the productivity and efficiency of the product team because they understand the goal better.Product managers have the necessary understanding of the market and organizational landscapes to own the product vision.
In companies with multiple products, the scope of the company vision is wider and the product vision falls under it. Product vision and company vision overlap in single-product organizations.A product vision statement describes the product vision to the internal and external stakeholders and customers.Product vision is the long-term objective for the product and serves as the North Star for the product team.So, find a comfy spot, grab a tasty drink and let’s dig in! TL DR If you’re after the answer to the question, we’ve got you covered! What are some good product vision examples? How is the product vision different from the company vision? What makes a great product vision? How should product managers develop effective product vision statements?
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