Report
The power of product in an economic downturn
During an economic downturn, companies increasingly recognize the critical role of product management as central to navigating challenges effectively. A Pendo and Mind the Product survey of over 500 product professionals highlights a shift towards product-led growth strategies, with a majority feeling supported despite staffing concerns. The survey findings underscore the growing importance of product teams in driving business health, emphasizing investment in product development as a long-term strategy for enduring economic adversity.