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