back to blog
Three proven techniques for product and strategy planning
We’ve just closed out the previous fiscal year, and many teams and companies are now revisiting their strategic objectives and product roadmaps. These sessions tend to generate long wish lists — filled with new ideas, previously postponed initiatives, and a few high-risk, high-reward experiments.
Prioritizing among them is rarely easy. Even harder is achieving consensus within the team on what to tackle first and what to postpone. The Pareto Principle suggests that roughly 80% of the outcomes stem from just 20% of the input. In product development, this implies that 80% of the business value often comes from 20% of the product backlog.
So how do you determine which tasks belong in that critical 20%? And how can you ensure your team focuses on what will actually drive impact?
Below are three practical prioritization techniques that help streamline decision-making and improve alignment.
