What do incremental enhancements of a legacy app and the development of a new AI product have in common? Both have to create value and innovate to some extent. In this episode, I discuss the Innovation Ambition Matrix, a tool that helps you understand your product’s innovation type and, based on it, make the right strategic decisions and optimise your product portfolio.

Learn More

• Attend my Product Strategy and Roadmap training course: https://www.romanpichler.com/training-courses/product-strategy-roadmap/
• Read my book Strategize: https://www.amazon.com/dp/0993499244
• Read Nagji and Tuff’s HBR article on the Innovation Ambition Matrix, “Managing Your Innovation Portfolio,” https://hbr.org/2012/05/managing-your-innovation-portfolio.

AI has significantly impacted software-based products and has started to change how product management is practised. But how is it affecting product strategy? Can AI-powered tools lead to better strategies? Can they even make strategic product decisions on their own? In this episode, I discuss the benefits and limitations of using AI to create a product strategy, as well as the foundations you should put in place to take full advantage of AI tools.

Content referred to in the podcast:

• Roman's Product Strategy Model: https://www.romanpichler.com/podcast/my-product-strategy-model/
• Product Strategy Discovery: https://www.romanpichler.com/podcast/product-strategy-discovery/
• Product Vision Board: https://www.romanpichler.com/tools/product-vision-board/
• GO Product Roadmap: https://www.romanpichler.com/tools/the-go-product-roadmap/

Learn More:

• Attend my Product Strategy and Roadmap training course: https://www.romanpichler.com/training-courses/product-strategy-roadmap/
• Read my book Strategize: https://www.amazon.com/dp/0993499244