Response: Certainly! My approach to leading cross-functional teams in developing and executing product strategies, especially in the life sciences sector, revolves around collaboration and clear communication. I start by ensuring that all team members understand the overarching business goals and how our product strategies align with them. 

I facilitate regular meetings to gather input from various stakeholders, including software development, marketing, and compliance teams, to ensure that everyone's insights are considered. This collaborative environment fosters innovation and allows us to identify potential challenges early on.

To ensure compliance with industry standards, I prioritize staying updated on regulatory requirements and best practices within the life sciences domain. I work closely with compliance experts to integrate these standards into our product development processes from the outset, rather than as an afterthought. 

Additionally, I utilize data-driven decision-making to assess market trends and customer needs, which informs our product strategies. By continuously evaluating our progress against these strategies and adjusting as necessary, I ensure that we remain aligned with both business objectives and regulatory standards. This holistic approach has proven effective in driving successful product outcomes in my previous roles.