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Product management is becoming increasingly popular as a profession. Not only is this a career path at Big Tech companies, it is also an important part of traditional businesses that choose to embrace technology. If a business has an app or a website, then there is probably somebody doing the product manager’s job.
Product management in its current form is a fairly new profession, which is why there is a lot of confusion about what it really is. While many product managers start with a technical background and have computer science degrees, this is not at all necessary to succeed….Story continues….
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Source: What Product Managers Do And How To Become One
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The role of the product manager was created to manage the complexity of the product lines of a business, as well as to ensure that those products were profitable. Product managers can come from many different backgrounds because their primary skills involve working well with customers and understanding the problems the product is intended to solve.
A product manager is responsible for orchestrating the various activities associated with ensuring that a product is delivered that meets users’ needs. A software product manager’s role varies as the software moves through its lifecycle; earlier in the development process the product manager meets the intended audience of the product to engage in requirements elicitation, whereas later in the lifecycle the product manager’s primary focus may be on acceptance testing of the product.
Throughout all the stages of the product development process, the product manager represents the needs of end-users, evaluates market trends and competition, and uses this information to determine what features to build. For example, a product manager may decide a feature is needed because users are asking for it, or because the feature is needed to stay competitive. To facilitate this decision-making process the product manager may set out a vision for the product or a general framework for making product decisions.
The product manager also ensures an atmosphere of cohesiveness and focused collaboration between all the members of the team, all in the interest of driving the product forward. Product managers are often thought of as sitting at the intersection of business, design, and technology. Within an agile software development environment, product delivery responsibilities are taken on by a product owner.
A project role that a product or engineering manager can perform to ensure the successful implementation of tactical plans and requirements during the development stage of a product. While the product manager has a strategic and long-term perspective with a strong focus on the market success of a product, a product owner aims to maximize the business value of the product or increment created by an agile project which can include benefits within an organization and does not explicitly relate to a product’s marketability.
Therefore, a product owner focuses mainly on developing a product and may limit their product owner responsibilities to the duration of a project. The product manager role, in contrast, requires a long-term perspective of the market and product line. The day-to-day responsibilities of a product owner within an agile project include creating and prioritizing the product backlog, which is a list of things to be done by the development team, to maximize the business value created by the project.
The product backlog is made up of user stories which are brief narrative descriptions of what a feature should do, including a checklist of items that are required to be in place for the feature to be considered done, called the acceptance criteria. The details of how the feature is developed are worked out by developers and designers.
At the end of the development sprint, the product owner is responsible for verifying that the acceptance criteria have been met; only then is the work on the feature officially done. Product managers often start their careers as engineers or specialists in other functions and eventually transition to product management.
Product managers undergo a structured interview process, often a mix of case-based product strategy interviews, analytical interviews, and more traditional behavioral interviews. Increasingly, large technology companies are hiring and training young graduates directly through programs like the Google Associate Product Manager program or the Facebook Rotational Product Manager program.
Individual contributor product managers have no direct reports: they “lead through influence” in a cross-functional product team. As individuals grow in seniority, they eventually take on managing other PMs, under titles like Group Product Manager, Product Lead or Product Director. The Chief Product Officer (sometimes known as Head of Product or VP Product) is responsible for all product-related matters, including strategy, alignment, hiring, and management.
Because of the broad responsibilities, product management is often seen as a training ground for C-level leadership roles in technology companies.
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