A Strategic Framework — SWOT analysis is a strategic planning tool widely used in product management to assess a product or a product line’s strengths, weaknesses, opportunities, and threats. It helps product managers gain a comprehensive understanding of the product’s current position in the market and identify areas for improvement and potential challenges. …

PESTEL Analysis — Airbnb was founded in August 2008 by three individuals: Brian Chesky, Joe Gebbia, and Nathan Blecharczyk. The story of how Airbnb was founded is quite interesting and demonstrates the power of creativity, entrepreneurship, and seizing opportunities. The founding of Airbnb can be traced back to a design conference held in…

Social, Economic, Political and Legal Factors — PESTEL analysis in product management guides decisions by assessing external factors, managing risks, identifying innovation opportunities, ensuring regulatory compliance, understanding customer needs, maintaining supply chain resilience, and promoting environmental sustainability. Social factors Sociocultural analysis in product management involves examining the social and cultural factors that can influence a product’s acceptance, usage, and…

Environmental & Technological Factors — PESTEL analysis is a strategic tool used to assess and understand the macro-environmental factors that can impact a business or project. It examines various external factors across six key categories: Political, Economic, Social, Technological, Environmental, and Legal. …

An Introductory Expedition — Product Management is a multifaceted discipline that involves strategically overseeing the entire development and management lifecycle of a product. It is a function within an organization that cross function at the intersection of technology, user experience and business needs. …