Overconfidence Effect
A cognitive bias where a person's subjective confidence in their judgments is greater than their objective accuracy.
A cognitive bias where a person's subjective confidence in their judgments is greater than their objective accuracy.
The approach a company takes to manage and market its portfolio of products, ensuring each product supports the overall business strategy.
A lead that has successfully become a customer.
A visual representation of the stages a sales opportunity goes through, helping to track progress and forecast revenue.
Minimum Marketable Feature (MMF) is the smallest set of functionality that delivers significant value to users and can be marketed effectively.
A cognitive process where ideas are brought together to find a single, best solution to a problem.
Data points that represent an individual's, team's, or company's performance in the sales process.
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.
A prioritization framework used in product management to evaluate features based on Reach, Impact, Confidence, and Effort.