Product Management playbook/Module 3 · Strategy

Day 21 / 100 · Strategy · Vision, mission, strategy

Where, why and how to win.

Three words teams use interchangeably. They answer three different questions, and you need all three.

Vision

The Destination

“Where are we going?”

Horizon: years

The future you're trying to create

Mission

The Purpose

“Why do we exist, and for whom?”

Horizon: ongoing

Who you serve and why it matters

Strategy

The Choices

“What will we do, and not do?”

Horizon: 1–3 years

Where to play and how to win

Strategy is choosing.