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The Only Product Vision Template You’ll Ever Need

March 23, 2015

ProdPad Labs Product Leadership

What is a product vision? It’s the cornerstone of your product strategy. It informs your roadmap, which informs your daily decisions as a product team. But for something the biggest mistake we see product managers make when defining their product vision, is that it becomes so lofty, intangible that it’s ultimately meaningless.

It all starts here.

There are a surprising number of moving parts to an effective product vision. A good product vision captures who the customer is, who the user is, and the value proposition and clearly links back to company objectives. In other words, it’s clear, specific and doesn’t lend itself to multiple interpretations.

Down the line when you’re get pushback on a feature you’re advocating for, you can smugly point to the product vision that you painstakingly crafted back at the start.

So don’t jet through this. Create something that will carry you through great product decisions every day and support you when you need it.

In the meantime, use this template to help structure to your product vision statement.

The Product Vision Template

First, make sure that your key stakeholders are in the room so you can work through the following structure together. It really is as simple as filling in the blanks.

Product Vision Template

Test your product vision statement with the ol’ elevator pitch

If you can’t pitch what you have in 30 seconds, your product vision isn’t ready for the outside world. Try again.


Originally from Crossing the Chasm, by Geoffrey Moore, where it was introduced as an elevator pitch template. This exercise and many others appear in the Handy Guide for Product People. Try ProdPad for free or tweet us to get your very own copy in the mail!

Janna Bastow is co-founder of ProdPad, software that helps product managers plan and deliver better products. Janna also organizes ProductTank events around the world, including Mind The Product, a global community of product managers. She likes to inspire great product conversations by asking: “What problem are you trying to solve?”

Leave a Comment

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Sid
Guest

Where can we download the template?

Nandini Jammi
Member

Hey Sid, we’re working on making this available as a download 🙂 For now though, you’ll just have to grab a screenshot of what’s above or save the image. Hope it helps!

Jason Keogh
Guest
Jason Keogh

Stolen straight from “Crossing The Chasm” by Geoffrey Moore – although described there as a template for an Elevator Pitch…

They do say that plagiarism is the best form of compliment – and Crossing the Chasm is a MOST excellent book – highly recommended for any Product Manager.

At least you could reference the source…

Hamish
Guest
Hamish

Great article, thanks Janna.

Question, if you have multiple user groups/types for your product, both internal users and external customers, do you think you need to create a separate vision statement for each?

Multiple user groups often require different products in order to address their individual needs therefore requiring separate vision statements? If so, how would you communicate the combined vision that the business can address the needs of all users?

Curious how you approach this.

Bretton
Guest
Bretton

I too would like to see your approach on this!

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