In my 15+ years of business strategy, I've seen success when products are unique, valuable, and agile. Adaptability to evolving market needs is key—a concept known as 'Blue Ocean Strategy.
Product Innovation involves developing products or solutions aimed at solving customer problems and giving value to customers like no other. This is done in the form of developing new products, or in the form of improving features of an existing product or service.
In order to build better products and eventually get the users to buy or use the products - requires product leaders to be prepared for new challenges every single day.
We are in a connected world - where anything and everything is now accessible with the click of a button. Adding to that, we are an average of people - whom we hang out with or network with.
As product leaders, we act as a bridge between external and internal stakeholders. In that context, in order to perform our duties properly - it is very essential that we are viewed as credible and trustworthy by the team members.