Running Quarterly Product Strategy Meetings is a great way to stay on top of product development, keep employees engaged in the company’s direction, and ensure that everyone is on the same page. It also provides an opportunity for project founders and CEOs to get feedback from their team on new ideas and strategies. These meetings often focus on setting goals, discussing progress towards those goals, and brainstorming solutions to any challenges the organization may be facing. Let’s take a closer look at how Netflix used Quarterly Product Strategy Meetings to foster culture.
Goals of These Meetings
At Netflix, these meetings are aimed at helping everyone stay informed about what’s happening with the product and making sure that everyone is working together towards the same goal. During these meetings, members of the team discuss what they have been working on over the past quarter, any successes or failures they have encountered, and future plans. It’s important to ensure that all team members have a voice during these meetings so that their ideas can be heard and discussed.
Before each meeting begins, it’s important for project founders and CEOs to prepare by gathering data from previous meetings and ensuring that all team members are aware of upcoming topics for discussion. This will help ensure that everyone knows what will be discussed at the meeting and can bring their best ideas to the table when it comes time for discussion. Additionally, it helps create an atmosphere of trust within the organization as people know their opinions will be respected regardless of their position within the company.
Discussion & Wrap Up Summary Following The Meeting
Once all topics for discussion have been presented at the quarterly product strategy meeting, it’s important for project founders or CEOs to ask questions and encourage thoughtful conversation amongst attendees. This encourages creative thinking from all involved which can lead to better solutions being developed during these meetings. After discussion has concluded, a wrap-up summary should be given highlighting key decisions made during this meeting as well as any tasks assigned out before everyone leaves. This ensures that everyone is aware of what needs to happen before the next meeting takes place, as well as any changes in strategies or goals that were decided upon during this one.
Quarterly Product Strategy Meetings are an invaluable tool for organizations looking to stay up-to-date with regards to product development while also fostering a culture of collaboration among employees. By following Netflix’s example of setting clear goals prior to each meeting, encouraging participation throughout discussions, providing summaries after conclusions have been reached, project founders and CEOs can ensure that these meetings are effective in achieving desired outcomes while also creating an atmosphere where employees feel comfortable voicing their opinions without fear of retribution or judgement. In doing so, these organizations will reap many benefits such as increased productivity due to improved communication between departments as well greater engagement among employees who feel like they are part of something bigger than just themselves.