PM Must Incessantly Look For New Opportunities - Deepstash

PM Must Incessantly Look For New Opportunities

To understand how best to exploit these opportunities, you need to use a list of questions proposed by Cagan. The key issues are:

  • What problem will this opportunity solve?
  • Who is affected by the problem and how big is this market?
  • What alternatives do competitors offer?
  • Why can we succeed in this?
  • What factors are critical to success?
  • What metrics will we use to measure our success?
  • Why is this the right time to enter the market?
  • What is our entry strategy?

Only after finding a product opportunity to pursue is that a PM should initiate product discovery.

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maryadonna

Architect. I design buildings ... and myself.

The idea is part of this collection:

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Conducting market research

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