What is product strategy?
Whatever the goal is, your strategy is how you’re planning to go about accomplishing that goal.
Strategy doesn’t cover the details of how to do that; those are the tactics we’ll use to achieve the goal. Strategy is the overall approach, and the rationale for that approach.
Product strategy is: how do we make the product vision a reality, while meeting the needs of the company as we go?
In the end - product strategy is about answering the question "how do we decide which problems our product teams should solve"
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