What makes a good vision
A good product vision is:- Inspiring - it should make people want to be part of building it
- Clear - anyone on the team should be able to repeat it and mean the same thing
- Ambitious but not abstract - “make the world better” is not a vision; “give every small business owner the financial clarity to make confident decisions” is
- Durable - a vision that changes every year isn’t a vision, it’s a goal
Vision vs. mission vs. strategy
These three get conflated constantly:- Mission - why the company exists, who it serves, what it does
- Vision - the future state you’re working toward
- Strategy - the choices you make about how to get there