Every year organizations are called upon to put forth their views on the 3 year horizon, and part of the Product Management role includes participation in this planning process. While many of the strategic decisions get made at an executive level, it is your role as a Product Management leader to covey the importance of your product(s) with respect to solving for the market needs such that it is clear how it supports (and is integral to) the overall strategy.
An interesting component (and expectation) of any strategic plan is an emphasis on quality. Without it, customer satisfaction will suffer, customer attrition could become an issue, and/or customer references will be hard to come by. But should quality be considered a strategic initiative, or is it more tactical? And as Product Management leaders, what is our role in ensuring quality?