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Prioritizing is one of the most important skills of any organization or team. This is one of my favorite all time blog post comparing some of the more popular methodologies. Give it a read then discuss why your preferred method is best for your team, stakeholders and business at this point in your lifecycle. Also keep in mind categorizing based on business goals may be a separate effort worthy of your time as it could prevent stakeholder alignment issues.
If you want to explore “The Periodic Table of Product Prioritization Techniques” check out foldingburritos.com blog.
According to the Marketing Research Association, only 40% of developed products ever make it to market. And of those 40%, only 60% will generate any revenue at all.
Explore first principle thinking with this simple discussion guide.