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Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The 'big S strategy' process is more aspirational and takes about six months, focusing on long-term vision and mission rather than just immediate problem-solving.

Video

The operator’s guide to product strategy

@ Lenny's Podcast

The operator’s guide to product strategy

05/02/25

Related Takeaways

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

In the preparation step of the big S strategy, form a working group to analyze long-term trends and conduct interviews with senior leaders to understand their vision for the future.

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The product roadmap combines both immediate and long-term strategies, allowing for parallel execution of small S and big S work.

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The crafting of a two-year strategy focuses on solving current product problems, while a three to ten-year strategy aims for aspirational futures.

Richard Rumelt

01/21/24

@ Lenny's Podcast

Strategy is about solving the most important problem you're facing and taking action to address it.

Ian McAllister

11/20/22

@ Lenny's Podcast

Thinking big involves looking beyond your immediate responsibilities and considering the broader impact of your work.

Jeff Weinstein

07/11/24

@ Lenny's Podcast

It's essential to balance immediate action with strategic planning for long-term goals, especially in product development.

Richard Rumelt

01/21/24

@ Lenny's Podcast

A good strategy starts with a clear diagnosis of the biggest challenge you face, followed by a guiding policy and coherent actions to address it.

Richard Rumelt

01/21/24

@ Lenny's Podcast

A good strategy requires focus on important and achievable challenges, balancing ambition with what can realistically be addressed.

Lenny's Podcast Cast

05/02/25

@ Lenny's Podcast

The strategy sprint is the core of the strategy process, where the strategy working group selects strategic pillars based on identified problems and opportunities.