While working on large and complex projects, how to effectively manage between speed of delivery vs managing and aligning a large number of stakeholders?

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3 Answers

Product Management KPI's

Matt Landry

Infoblox SVP Product Management, Networking • 8mo

This is a good question that comes up frequently. The trick is: it's a false trade-off. Yes, working with large stakeholder groups creates more meetings and coordination overhead. But, you can't sacrifice stakeholder alignment for speed. You also do not need every discussion to become a consensus marathon. The key is a RACI (Responsible / Accountable / Consulted / Informed) chart, formal or informal, that clearly defines roles and responsibilities to streamline decision-making. Making decisions ...Read More

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Virgilia Kaur Pruthi (she/her)

Expedia Group Senior Director of Product, Head of Trust and Safety | Formerly Amazon • 4y

Creating the right mechanisms to manage your stakeholders is critical to managing up and across. Allowing your stakeholders to stay on the pulse of your product while having access to updates really helps in building trust. Creating mechanisms like brownbag/learning sessions on a frequent basis (weekly or biweekly basis) also helps in creating an open forum. Then you can focus on protecting your engineering/design team and enabling yourself to scale.

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Leo Sadeq

Lead Product Manager and GTM Specialist | Formerly Mailchimp - Caspian - Zeda.io • 1y

There are a few things I can use here to get things less surprising and more efficient. First off, you need to streamline decision-making. The RACI matrix is useful here so you can identify who's calling the shots for each project area and empower them to make quick decisions. Next, overhaul your communication by having daily standups for the core team, bi-weekly updates for key stakeholders, and monthly executive briefings. You can use tools like Slack and Asana to keep everyone in the loop wit ...Read More

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