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Fundamentals of Product Strategy

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Fundamentals of Product Strategy

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Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

2 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

2 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Create a compelling Vision and Objectives for your product

  • Analyze your product’s environment to fuel your product strategy

  • Identify, define and prioritize your product’s strategic options

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Assessments

1 assignment

Taught in English

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This course is part of the Product Strategy in the age of GenAI Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There is 1 module in this course

In today’s competitive business landscape, the success or failure of a product often hinges on a well-crafted product strategy. Despite its acknowledged importance, many product leaders struggle with creating, refining, and executing an effective strategy, often resorting to incremental improvements or reactive tactics rather than a visionary approach. The Product Strategy Essentials course is designed to address this challenge by equipping product leaders with the processes and tools needed to develop a powerful and winning product strategy. Through this course, you will master the art of defining clear product goals with an inspiring vision, setting concrete objectives to align and motivate your team, analyzing your environmental landscape including customers, markets, competitors, technology, and regulations to uncover strategic insights, and identifying and prioritizing strategic options to maximize your product's market impact and align with your goals.

This course is designed for Product Managers, aspiring Product Managers, and Product Team Leaders seeking to elevate their strategic skills. It is also ideal for VPs of Product, Heads of Product, and Directors of Product Management who want to harness a well-defined product strategy to drive market impact and success. If you are a leader or future leader in product management aiming to make a significant impact through a strategic approach, this course is tailored for you. While a basic understanding of product management, product development, or product marketing can be helpful, it is not required to benefit from this course. A willingness to engage with strategic concepts and apply them to real-world scenarios is essential. This course is designed to be accessible to both newcomers and experienced professionals looking to refine their strategic approach. By the end of this course, learners will be able to create a compelling product vision and set clear, actionable objectives that align their team towards success. They will gain the skills to thoroughly analyze their product’s environment, including market dynamics, customer needs, and competitive landscape. Additionally, learners will be equipped to identify, define, and prioritize strategic options to maximize their product's impact and alignment with overarching goals.

This course equips product leaders to craft a winning product strategy by defining clear goals, setting actionable objectives, analyzing the competitive landscape, and prioritizing strategic options for maximum market impact.

What's included

13 videos4 readings1 assignment3 discussion prompts

13 videosβ€’Total 70 minutes
  • Introduction to the Course & Meet the Instructorβ€’3 minutes
  • Product Strategy Fundamentals β€’6 minutes
  • Steps for Crafting, Refining and Implementing a Product Strategyβ€’6 minutes
  • Product Vision and Objectivesβ€’8 minutes
  • Understand and Analyze Your Customers, Markets and Competitorsβ€’4 minutes
  • Strategic Market and Competitor Analysis for Product Successβ€’5 minutes
  • Technology and Regulatory Analysisβ€’5 minutes
  • Internal Analysisβ€’5 minutes
  • Identify your Strategic Options and then Compare them to Each Otherβ€’8 minutes
  • Define Strategic Options in Detailsβ€’6 minutes
  • Crafting Strategic Options for Effective Planningβ€’4 minutes
  • Prioritize your Product’s Strategic Optionsβ€’7 minutes
  • Congratulations and Continuous Learning Journeyβ€’2 minutes
4 readingsβ€’Total 20 minutes
  • Welcome to the Course: Course Overviewβ€’5 minutes
  • What is a Product Strategy?β€’5 minutes
  • How to Find your Ideal Customer with Target Market Analysisβ€’5 minutes
  • Product Strategy Choices/Optionsβ€’5 minutes
1 assignmentβ€’Total 20 minutes
  • Fundamentals of Product Strategyβ€’20 minutes
3 discussion promptsβ€’Total 30 minutes
  • Crafting a Compelling Product Vision and Objectivesβ€’10 minutes
  • Conduct a PESTEL Analysis for a Product β€’10 minutes
  • Identify a Strategic Option for your Product and Define a Strategic Option Hypothesis Statement for itβ€’10 minutes

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Instructors

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2 Coursesβ€’3,182 learners

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Frequently asked questions

Product strategy here means deciding where a product should go and why, then turning that direction into clear vision, objectives, and choices. The course focuses on building that direction deliberately instead of relying on incremental changes or ad hoc decisions.

You work on product strategy when a product needs clearer direction, when teams need alignment around goals, or when several possible paths need to be compared. In this course, it is used to move from scattered ideas and market signals toward a focused set of strategic choices.

Product strategy sits in the earlier and middle stages of product work, after you begin understanding the product’s environment and before detailed implementation decisions are made. It connects vision and objectives with customer, market, competitor, technology, and regulatory insights so later product choices have a clear basis.

Product strategy is about making explicit longer-term choices based on vision, objectives, and evidence from the environment. Reactive product tactics respond to immediate issues one by one, while this course emphasizes a more deliberate way to compare options and choose direction.

A basic understanding of product management, product development, or product marketing is helpful, but the course is designed to be accessible to beginners as well. What matters more is being willing to think through vision, objectives, and strategic choices in a structured way.

The course is method-focused rather than software-focused. You use analysis methods to study customers, markets, and the wider environment, plus a structured prioritization approach to compare strategic options.

You practice crafting a product vision and objectives, analyzing customers and the market environment, identifying strategic options, and comparing those options in a structured way. That work helps you turn broad product direction into a focused set of priorities.

Financial aid available,