The Lightning Product Audit
The Lightning Product Audit is a 30min exercise for Product Managers/Leaders to identify the key risks all products face - & to help you take concrete steps to address those risks.
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Why is it so important?
If your product lacks strong foundations, it will never succeed.
Most PMs focus on all the wrong stuff, such as how to prioritize their backlog of features.
What primarily matters? If we look at the data on the right, what are the two big things that determine product success?
Addressing the right problem (represented by "lack of market need")
Building a differentiated product solution i.e., something unique + valued (6/9 of the top reasons for product failure stem from lack of differentiation)
Your job as a product leader is managing risk. Whether for the product you currently manage, a product you might be interviewing for, or coming in as a consultant, you must immediately be able to assess these two key risks.
This template was created by Prod MBA.
Get started with this template right now.
Define A Winning Product Vision
Works best for:
Product Management, Planning
The Define A Winning Product Vision template assists product teams in articulating compelling visions for product development. By defining goals, target markets, and differentiation strategies, this template aligns teams around a shared vision for success. With sections for outlining product features, benefits, and value propositions, it communicates the essence of the product effectively. This template serves as a guiding light for product development efforts, inspiring creativity and focus as teams work towards bringing the product vision to life.
Product Feature Presentation
Works best for:
Product Management, Planning
The Product Feature Presentation template aids product teams in showcasing product features and benefits effectively. By providing a structured framework for presenting key features, use cases, and value propositions, this template enables teams to communicate product functionality clearly and persuasively. With sections for creating feature demos, customer testimonials, and competitive differentiators, it facilitates engaging presentations that resonate with target audiences. This template serves as a powerful tool for driving product adoption and generating customer interest.
User Centric Roadmap
Works best for:
Research & Design
Create user-focused product plans with the Workshop: How to Build a User Centric Roadmap template. This tool helps you prioritize features based on user needs and feedback. Use it to align your team around user-centric goals, ensuring your product development efforts are driven by real user insights. Ideal for product managers and teams looking to enhance their product's user experience and ensure it meets customer expectations effectively.
The 4-Step Retrospective
Works best for:
Retrospectives, Agile Methodology, Meetings
The 4-Step Retrospective template offers a simple yet effective framework for conducting retrospectives. It provides steps for reflecting on what went well, what didn't go well, what could be improved, and action planning. This template enables teams to systematically review past iterations, identify areas for growth, and implement actionable improvements. By promoting a structured approach to reflection and improvement, the 4-Step Retrospective empowers teams to drive continuous learning and enhancement effectively.
Milestone Chart Template
Works best for:
Project Management, Strategic Planning, Project Planning
When your team is collaborating on a large project, keeping track of the many tasks and multiple timelines can be a challenge. That’s why you need a milestone chart. These visual representations of important project events will make it simple for your team to stay on schedule and reach goals on time. And it’s so easy to get started — just determine the major milestones, use our template to create a milestone chart, and define the key dates and deliverables each milestone will require.
Product Vision & Differentiation Strategy Template
Works best for:
Product Management, Planning
The Product Vision & Differentiation Strategy Template assists product managers in crafting compelling product visions and differentiation strategies. By articulating product goals, unique value propositions, and competitive advantages, this template guides strategic planning and execution. With sections for defining target markets and assessing market dynamics, it enables product managers to create differentiated products that resonate with customers. This template serves as a roadmap for achieving market leadership and sustainable growth through product innovation.