A Framework for Improving Product Team Performance
📊 Integrated learning informs strategy and helps measure things better, making it more than just a simple loop. 🧠 A strategy is not a goal or objectives, it is a battle plan for action designed upon a unique set of attributes that set a company apart from its competitors. 🎯 The highest performing teams prioritize leverage points, where applying a little energy can create outsized results, leading to better decisions and progress. 📊 Integrating learning back into strategy and models is crucial for the success of data-driven companies. 🌱 Moving from project-centric to product-centric funding encourages innovation and experimentation while still aligning with overall strategy. 🛠️ Amy Edmondson coined the idea of team psychological safety, where it's safe for interpersonal risk taking, experimentation, and questioning the status quo. 🔄 The loop is just about being customer centric, the smooth function is a function of integrated customer knowledge and the right balance between quality and quantitative data. 🔄 The modern data stack supports quick access to insights and experimentation, empowering teams to solve problems autonomously.