Why Product Strategy is so important for Product Leaders?

It’s challenging to jump the career chart in the product management stream mainly due to the unique talent required to be a product leader who can own and influence the strategy for the future growth of the product.

The type of strategy varies based on the type of product, the proportion of market acquired, growth status, etc. For instance, early-stage B2C products are focused on building features relevant to customers end need. Similarly, a product in the growth stage would focus on maximum customer acquisition or expanding the…