The Opportunity Solution Tree (OST) is a visual framework used by product managers and teams to identify, prioritize, and explore various opportunities and solutions to achieve a specific product goal. It helps teams to focus on the most promising opportunities and encourages them to consider multiple solutions before committing to a particular approach. The OST fosters collaboration, innovation, and continuous learning, making it an essential tool for effective product management.
An Opportunity Solution Tree consists of four main components:
Implementing an Opportunity Solution Tree in your product management process offers several benefits:
Follow these steps to create an Opportunity Solution Tree for your product:
In conclusion, the Opportunity Solution Tree is a powerful framework that can help product managers and teams to stay focused on their goals, foster innovation, and make data-driven decisions. By incorporating the OST into your product management process, you can improve collaboration, accelerate learning, and increase your chances of success.