Skip to main content
Next Step PM
Back to the library

Strategy: Review · Core

Review the strategy against results

Check regularly whether the bets are working. Use evidence, compare plans with what actually happened and learn before deciding what to change.

About 1-3 daysEvergreenLast reviewed 5 November 2026

Who this applies to

Skills it builds
Strategy and visionData and measurement
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. Set a regular review, such as every quarter.
  2. Collect results for each bet against its measures.
  3. Compare what happened with what you expected.
  4. Note what you learned, good and bad.
  5. Share a short review with the sponsor.

Intermediate (1 to 4 years)

  1. Look for patterns across bets, not just single results.
  2. Separate bad luck from bad assumptions.
  3. Bring teams' learning into the review.

Experienced (5+ years)

  1. Review the whole portfolio, including stopped bets.
  2. Be honest about missed targets rather than explaining them away.
  3. Use the review to update the next planning cycle.

Who can do this

Owner: Product manager

Can be delegated to

  • Data Analyst or Performance Analyst: Prepare results for each bet

Reviewed by: Senior leader / sponsor

Tool examples

Power BI
Show results for each bet on one dashboard.
Confluence
Write a short review page each quarter.

Definition of done

  • Review held on schedule
  • Results compared with expectations
  • Learning recorded and shared

Common pitfalls

  • Only reporting good news
  • Blaming one-off events every time
  • No link to the next plan

Sources