Skip to content

One Sentence Year-End Success Statement

by Matt Lemay on August 14, 2025

The "Impact First" approach ensures product teams align their work directly with business-critical outcomes, making them more valuable and less vulnerable to layoffs.

Why Impact Alignment Matters

  • More product managers and teams are getting laid off when they can't demonstrate clear business impact
  • Daniel Ek (Spotify CEO) during 2024 layoffs: "We still have too many teams doing work around the work rather than focusing on opportunities with real impact"
  • Even if executives ask you to build something, you're still vulnerable if that work doesn't drive meaningful business outcomes
  • The fundamental question: "If you were the CEO of this company, would you fully fund your own team?"
    • Most product managers can't confidently answer this question right away
    • If you can't answer it, you're in a risky position

The Low Impact PM Death Spiral

  • Teams take on low-impact work (adding small features, cosmetic improvements) because:
    • It invites less scrutiny
    • It's easier to execute
    • You're less likely to mess up something important
  • This creates a downward spiral:
    • More teams add small features with little impact
    • Product becomes more complex ("the hood gets heavier")
    • Dependencies multiply, making high-impact work harder
    • Companies add program management layers to manage complexity
    • Teams go deeper into low-impact work because it's the path of least resistance
    • This continues until the next round of layoffs

Three Steps to Become an Impact-First Product Team

1. Set team goals no more than one step away from company goals

  • Don't let goals get "cascaded into oblivion" through multiple layers
  • Use Christina Woodkiss's model: company goal as center of gravity with team goals orbiting one level around it
  • Example: If company goal is $1M revenue, team goal might be "convert X single-product users to multi-product users" with clear revenue impact
  • When leadership sees this direct connection, they understand your value immediately

2. Keep impact first at every step

  • Don't just set impact goals during planning then forget them
  • Make impact visible throughout execution
  • Example: A growth team leader who put "1 million users" on the whiteboard and said: "If our conversation doesn't start with this, I don't want to have the conversation"
  • Maintain a clear line of sight to impact in every meeting and decision

3. Connect every bit of work back to impact

  • When prioritizing, express impact in the same unit of measure as your goals
  • Avoid abstract scoring systems that disconnect work from business outcomes
  • Example: Instead of generic "high impact" scores, estimate "how many users this will convert" or specific revenue contribution
  • Be willing to pursue higher-impact work even when it requires coordination with other teams

How to Push Back Without Saying "No"

  • Present options with trade-offs rather than rejecting ideas outright
  • "If you're doing product management really well, you never have to say yes and you never have to say no"
  • When executives request low-impact work:
    • Show how it affects your ability to hit agreed-upon goals
    • Provide multiple options with clear trade-offs
    • Make a recommendation based on business impact
    • Recognize executives may have information you don't have

Practical Application

  • Use commercial realities as guideposts, not obstacles
  • Embrace constraints as the things that give your work shape
  • Ask: "What's one sentence you'd want to be able to say at the end of this year that would leave you feeling awesome about this team's work?"
  • Remember that no good work is wasted, but impact-focused work creates more value
  • Maintain curiosity when things are going well to understand what's working and why

Mindset Shift

  • Accept that business outcomes are partially outside your control, but you're still accountable for them
  • Surprisingly, commercially-minded PMs are often happier because they:
    • Have clearer priorities
    • Understand their role in the business
    • Don't fight losing battles over "doing product the right way"
    • Can separate work from personal life more effectively