Cycle glossary

Product terminology simply explained

Product Strategy Framework

Product strategy framework is a set of guidelines and principles that help product managers define the long-term vision and goals for their products. It provides a structured approach to identify target customers, understand their needs, and determine the features and functionalities that will drive user value. Think of it as a roadmap that outlines the steps needed to achieve product success. Without a solid product strategy framework, product decisions can become chaotic and directionless, similar to driving through a city without a GPS. So, whether you're building a navigation app or a software tool, having a clear product strategy framework is essential for steering your product in the right direction.

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