Strategic Decision-Making for PMs module icon - Product Management course

Strategic Decision-Making for PMs

This module focuses on the essence of product management: making strategic choices. You'll learn how to connect vision to daily decisions, weigh trade-offs, avoid distractions, and grow your judgment as a PM. It's not about roadmaps or execution rituals, it's about thinking and acting strategically at every level.

150 minutes30 lessons

Lessons

1

Why PMs need to think strategically (even at junior level)

2

The link between company goals and day-to-day product choices

3

What are product bets?

4

Why prioritization is strategy in action

5

Understanding opportunity cost in product decisions

6

How to identify 'must-win' opportunities

7

Trade-offs explained: why every yes implies a no

8

Balancing quick wins with long-term value

9

When to double down vs when to pivot away

10

Focusing on outcomes, not outputs

11

Customer value vs business value: finding the balance

12

Understanding priority ranking and the 'everything is important' trap

13

Choosing between competing problems to solve

14

How to recognize distractions (shiny object syndrome)

15

Sequencing product bets for maximum leverage

16

Innovation vs iteration: knowing when to explore

17

Handling competitive pressure without just copying

18

Strategic prioritization frameworks

19

Why frameworks aren't enough: using judgment wisely

20

Incorporating risk into product decisions

21

Balancing growth goals with technical debt repayment

22

identifying high-leverage product moves

23

How to deal with uncertainty in decision-making

24

Recognizing bias in strategic choices

25

The role of customer insight in strategic decision-making

26

Signs of weak strategy: common pitfalls to avoid

27

Building optionality into product strategy

28

Communicating strategic decisions effectively

29

Case studies: focus vs spread too thin

30

Building your own strategic thinking muscle

Part of Product Management Foundations

The best course to master PM essentials, perfect for aspiring or junior product managers who want solid foundations.

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Other modules in this course

Introduction to Product Management

Get a clear, no-fluff introduction to what product management really means. This module explains the role, core skills, and day-to-day reality of being a PM in 2025.

Understanding Users and Markets

User and market understanding is the foundation of great product management. Without it, everything else is guesswork.

Product Vision and Strategy

A strong vision and clear strategy are what separate successful products from feature factories.

Opportunity Discovery and Ideation

Before building features, great product managers discover the right opportunities to pursue.

Validation and MVPs

This module teaches how to validate ideas before wasting resources building them.

UX Fundamentals and Prototyping

This module introduces the UX basics every product manager should know.

Working with Engineering and Technology Basics

This module equips PMs with the technical literacy and collaboration skills needed to work effectively with engineering.

Principles of Effective Collaboration (Avoiding Process Pitfalls)

This module teaches PMs how to foster true collaboration across teams without falling into the trap of rigid process.

Stakeholder Management and Communication

This module teaches PMs how to manage one of the hardest but most crucial parts of the role: stakeholders.

Metrics, Analytics, and Data Literacy

This module equips PMs with the fundamentals of data literacy.

Building and Communicating Effective Roadmaps

This module teaches PMs how to use roadmaps as living communication tools rather than static promises.

Product Launch and Go-to-Market

This module teaches PMs how to plan, execute, and learn from product launches.

Customer Feedback and Continuous Discovery

This module shows how PMs can build an ongoing discovery habit by capturing, interpreting, and acting on feedback.

Product Iteration and Growth Loops

This module teaches how product iteration actually drives success post-launch.

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Strategic Decision-Making for PMs | Product Management Foundations | CraftUp