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Scrum.org Community Podcast

Product Ownership Capabilities Series - Lead to Value

Oct 3, 2024
Paul Kuijten, a Professional Scrum Trainer, has been pivotal in developing the Professional Product Ownership capability model. Fredrik Wendt, also a Professional Scrum Trainer, boasts extensive expertise in product ownership. They delve into the 'lead to value' capability, stressing the need for contextual awareness and market alignment. The conversation uncovers the challenges of product definition, emphasizing long-term decision-making and iterative processes. Ultimately, they highlight the importance of leading teams to create genuine value in a dynamic marketplace.
27:15

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Quick takeaways

  • Acquiring contextual awareness is essential for product owners to navigate market dynamics and align product strategies with business goals effectively.
  • Organizations must adopt a holistic approach to financial decision-making by evaluating long-term value and total cost of ownership while defining products.

Deep dives

Understanding Lead to Value

Lead to value in product ownership emphasizes the ability to identify and communicate the value a product delivers. This capability necessitates acute contextual awareness, enabling product owners to discern how external environments impact perceived value. For instance, understanding market competitors and internal organizational capabilities is crucial to effectively navigating the complexities of value delivery. By cultivating an awareness of these factors, product owners can articulate their findings and motivate stakeholders to align with the pursuit of that value.

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