Even when I didn't have that role or responsibility or that scope, I sat there and I still imagined what I would do if I was in their position. And I think that's powerful. Pretend you're the CPO. Would you do something different? What would you do?
Building high-performing teams | Melissa Tan (Webflow, Dropbox, Canva)
June 18, 2023
Featuring: Melissa Tan (VP of Product, Webflow)
9 quotes · 7 insights
Watch Full EpisodeStrategic thinking separates senior PMs from the pack
Executive misalignment creates organizational chaos
One of the biggest issues I see in organizations is when executives all have different goals, and they're not aligned on the same goals for the company. So it's like, sales teams over here are like, no, our goal is new logos. And you're like, cool, but in what markets, and how is that prioritized against what we're building from our product roadmap, and why is this not in sync?
"That" refers to consulting help from Melissa Tan, mentioned earlier in their conversation about when companies need external support.
If your executives and your board are telling you, I don't really know what's going on in tech or product. I have no idea if we're achieving our goals. If your executives don't know what you're doing, that's a big problem. So that's usually the sign, to me, that we need that.
Strategy is solving specific problems, not setting ambitious goals
I would try to ladder that up myself into a strategy and see if it was connected. And if it wasn't connected, that's telling me somebody's not formulating the strategy and deploying it down.
A good test is you go to all of your teams, and you ask them what they're doing and why, exactly what I was talking about before. And they all tell a similar story. We're working on X, Y, and Z because it goes into this initiative, and it causes this type of value for these customers, which, in return, is going to get us this business value.
Strategy without execution is worthless; execution without strategy is waste
I've met a lot of organizations that think most of their issues are in the training of their people. And 99% of the time I see that it's actually in the way that they're setting their goals and deploying their strategy. Because once you train those people, they have no context on what to work towards.
The best strategy hurts because it forces painful trade-offs
Really, strategy always comes down to asking the questions about how can we win, how can we get further to the goal, which is the vision. But it's also keeping into context of where we are now and what we're able to execute on now.
Success comes from deciding, not deliberating
We take all the information we can, we make the best possible guess to go in one direction, and then we just keep reevaluating it to make sure it's the right direction. And if it's not, we pivot.
External wisdom beats internal assumptions
A lot of times, we just don't go and talk to other departments. And they have a wealth of knowledge. And we've got subject matter experts sitting in certain places that can fill you in on how the market's moving, and what things are happening there, and how people are innovating.