How would you prioritize feature requests from different stakeholders, such as customers, sales, and engineering, while keeping the overall product vision and strategy in mind?

How to Prioritize Feature Requests from Different Stakeholders while Keeping the Product Vision in Mind

When it comes to prioritizing feature requests from various stakeholders such as customers, sales, and engineering, it is crucial to keep the overall product vision and strategy in mind. Here are some strategies to effectively prioritize feature requests:

1. Align with Product Vision: Evaluate each feature request against the product vision and goals to ensure they align with the overall direction of the product.
2. Evaluate Impact: Consider the potential impact of each feature request on key metrics such as customer satisfaction, revenue, and technical feasibility.
3. Engage Stakeholders: Involve all stakeholders in the prioritization process to gather insights and perspectives from different departments.
4. Use a Framework: Implement a prioritization framework, such as MoSCoW (Must have, Should have, Could have, Won't have), to categorize feature requests based on importance and urgency.
5. Prioritize Strategically: Prioritize feature requests that contribute the most towards achieving the product vision and strategic objectives.
6. Iterate and Communicate: Continuously review and adjust the priority of feature requests based on feedback and changing business needs. Communicate the prioritization decisions transparently to all stakeholders.

By following these strategies, product managers can effectively prioritize feature requests from different stakeholders while ensuring alignment with the overall product vision and strategy.