Skip to main content
Next Step PM
Back to the library

Strategy: Diagnose · Core

Assess your organisation's strengths and gaps

A strategy only works if the organisation can deliver it. Be honest about what you are good at, what you lack and what you could build or buy.

About 2-5 daysEvergreenLast reviewed 5 November 2026

Who this applies to

Skills it builds
Strategy and vision
PM types
All
Product types
All
Starting points
All
Ways of working
All
Experience
All
Size of organisation
All

Steps, by experience

Beginner (under 1 year)

  1. List what your team and company do well, with examples.
  2. List the skills, systems or data you would need but don't have.
  3. Ask a few colleagues to challenge the list.
  4. Mark which gaps matter most for the core challenge.
  5. Note which gaps could be filled quickly and which take years.

Intermediate (1 to 4 years)

  1. Compare your strengths with competitors and alternatives.
  2. Decide which capabilities make you different and which are commodities.
  3. Estimate the cost and time to close the biggest gaps.

Experienced (5+ years)

  1. Assess capabilities across the portfolio and shared platforms.
  2. Decide where to invest in people, where to partner and where to stop.
  3. Build the capability plan into the strategy, not after it.

Who can do this

Owner: Product manager

Can be delegated to

  • Tech Lead or Architect: Assess technical strengths and gaps
  • People / HR partner: Assess skills and hiring gaps

Tool examples

Miro
Map capabilities as strengths and gaps on one board.
Google Docs
Score each capability for importance and current strength.

Definition of done

  • Strengths and gaps listed
  • Gaps ranked by importance
  • Time and cost to close the top gaps estimated

Common pitfalls

  • Listing only strengths
  • Ignoring how long it takes to build skills
  • Treating every capability as unique

Do these first

Sources