Venn diagram – what’s possible and what’s probable
There are multiple ways in which a product could stand to benefit from AI adoption, and understanding the Venn diagram of what’s probable and what’s possible is an important part of your AI product strategy journey. As you continue this exercise, you’ll go through a spectrum. You’ll start with a really open-ended, right-brain brainstorming session on the cerebral notion of value and how your product can deliver it to your customers, which will then be refined by a left-brain, analytical breakdown of the fruits of that brainstorming session. Both are important parts of the product management creative process.
Whether you look at your product from the perspective of the main problems your customers face, the jobs to be done, or feature parity, you’ll want to get a sense of which AI enhancements would be most high-value for your product, which would be the most low-cost, which...