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Dacey Rankins

added blog Business
2025-08-18 13:24:17 -

What Is a Product Roadmap and Why Is It Critical?
A product roadmap is one of the most essential tools in product management. It’s more than just a plan or a list of upcoming features—it is a strategic document that communicates the direction, vision, and priorities of a product over time. Roadmaps act as both a communication tool for stakeholders and a guiding compass for product teams. They answer questions like: Where are we...

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Dacey Rankins

added blog Business
2025-02-06 15:16:25 -

Do I Need a Business Plan?
When starting a business, one of the first questions you may ask is whether you need a business plan. The short answer is yes. A well-crafted business plan is an essential tool that helps you clarify your business model, set goals, understand your target market, and project your finances. Whether you're just getting started or looking to scale, a business plan serves as a roadmap for your...

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Dacey Rankins

added blog Business
2025-08-15 20:34:49 -

How Do Product Managers Prioritize Features?
Feature prioritization is one of the most challenging tasks for product managers. With limited resources and competing demands, PMs must decide what to build next. The process begins with gathering inputs from customers, sales teams, engineers, and executives. Each group has different perspectives, from customer needs to technical feasibility. PMs then use frameworks to evaluate options....

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Dacey Rankins

added blog Business
2025-08-20 15:54:27 -

How Do You Prioritize Features in Planning?
Feature prioritization is one of the most critical and challenging responsibilities in product management. A product manager must decide which features deserve immediate attention, which should wait, and which may never be built. Poor prioritization leads to wasted resources, frustrated teams, and products that miss the mark with customers. Effective prioritization, however, ensures that a...

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Dacey Rankins

added blog Business
2025-08-20 15:48:15 -

How Far into the Future Should Product Planning Go?
Product planning is at the core of effective product management, helping teams define where they are headed and how they intend to get there. But one of the most challenging questions that product managers and executives face is: how far into the future should product planning extend? Should it focus on the next sprint, the next quarter, the next few years, or even a decade into the future?...

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Dacey Rankins

added blog Business
2025-08-20 15:47:23 -

How Often Should Product Planning Happen?
Product planning is the strategic process of defining what a company should build, why it matters, and how it aligns with both customer needs and business goals. While most people agree on its importance, one of the most debated questions is: how often should product planning take place? Some argue for annual planning, others prefer quarterly cycles, and agile advocates often push for...

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Dacey Rankins

added blog Business
2025-08-20 15:41:09 -

What Are Common Mistakes in Product Planning?
Product planning is one of the most critical responsibilities in product management. A strong plan aligns vision with execution, balances customer needs with business goals, and keeps stakeholders moving in the same direction. However, because planning requires synthesizing strategy, market dynamics, customer insights, and technical constraints, it’s also one of the most error-prone...

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Dacey Rankins

added blog Business
2025-08-15 20:31:55 -

What Does a Product Manager Do?
A product manager (PM) wears many hats, acting as a strategist, communicator, and decision-maker throughout the product lifecycle. Their responsibilities start with research and discovery. PMs identify customer pain points, analyze competitors, and assess market opportunities. This foundation ensures products solve real problems. Next, PMs create a product vision and roadmap. They define the...

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Dacey Rankins

added blog Business
2024-12-17 14:46:53 -

What is a Business Plan?
A business plan is a comprehensive document that outlines the vision, mission, goals, and strategies of a business. It serves as a blueprint for the company's operations, guiding decision-making, securing funding, and helping entrepreneurs and stakeholders navigate the journey of building and growing a business. Whether you're starting a new venture, looking to attract investors, or aiming to...

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Dacey Rankins

added blog Business
2024-12-19 15:09:19 -

What is a Lean Business Plan?
In the world of business planning, traditional, lengthy documents are being replaced by more streamlined and practical approaches. One such approach is the lean business plan, a simplified, concise version of the standard business plan. This model is particularly gaining traction among small businesses and startups due to its focus on the essential components that matter most in the early...

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