Drawing on the multi-armed bandit problem and honey bee foraging behavior, this piece argues that product organizations must deliberately balance exploiting proven strategies with exploring new ones. Most teams drift toward pure exploitation due to delivery pressure, incentive structures, and roadmap commitments. The author recommends designing separate team modes for exploitation and exploration, creating intentional paths for exploratory work to graduate into core product, and treating the roadmap as a portfolio requiring ongoing diversification rather than a fixed plan.

8m read timeFrom mikefisher.substack.com
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