A product team’s job is to think about the big picture, the needs of your customers, and the innovations that can push your organization into the next chapter of growth. But what’s the impact when less than half of your team understands the product vision? We surveyed over 700 product professionals to unpack this troubling trend.
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A peek at our findings:
58% of product team members don’t have a strong understanding of their company's product vision
Low individual autonomy is correlated with low team-level engagement, but only 30% of product team members say they have “high autonomy” in determining how to do their work
90% of product teams find at least one stage of the product lifecycle highly challenging to execute, even though 81% have processes in place for 5 or more stages
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