This interview podcast features Chandra Janakiraman, Chief Product Officer at VRChat, discussing his five-step process for developing effective product strategies. The podcast begins with Chandra's background and what sparked his interest in strategy, then delves into his "smallest strategy" approach, a detailed, eight-to-twelve-week process involving preparation, a strategy sprint, a design sprint, document writing, and rollout. He contrasts this with a "biggest strategy" approach focused on long-term vision and aspirational goals. A key takeaway is the emphasis on a collaborative strategy working group and the use of "how might we" questions to generate solutions. Listeners gain a practical, actionable framework for developing both short-term and long-term product strategies, improving team alignment and increasing the likelihood of successful product launches.