What are some ways you've seen product teams increase their velocity?

A common pitfall that slows teams down is inability to make good decisions quickly, especially if these decisions involve many stakeholders. One of the best-kept team velocity secrets, especially in larger organizations, is having a consistent and efficient decision-making framework that is practiced across teams. With a small initial upfront investment of agreeing on a decision making framework within your organization (or just starting to practice it consistently), you will be able to save many weeks and months by unblocking the team quickly and moving on with your important decisions. There are many frameworks out there, and you can develop your own, too. I absolutely love the Atlassian playbook's DACI which we use religiously, and something I have heard from ALL Atlassian alumni they brought to their new teams. Check it out here: https://www.atlassian.com/team-playbook/plays/daci