Navigating the pitfalls of product planning
While a sound product strategy is essential for success, many challenges can derail effective planning and execution. By anticipating and proactively addressing these issues, product managers can increase the odds of launching and managing successful products. Let’s examine some common product management challenges and some actions growth product managers can take to address them:
- Acquiring sufficient customer insights
- Unclear problem definition
- Lack of prioritization
- Weak cross-functional collaboration
- Unrealistic timelines
- Scope creep
- Inadequate skill sets
- Insufficient budget
- Lack of buy-in
- Weak product discovery
- Ineffective launch planning
Acquiring sufficient customer insights
A deep understanding of target users is vital for product decisions. However, customer research is often inadequate or non-existent. Surveys may have low response rates or fail to capture meaningful...