Role And Best Practices For Beginners Flashcards

1
Q

What is a Product Manager?

A

A product manager is the person who identifies the customer need and the larger business objectives that a product or feature will fulfill, articulates what success looks like for a product, and rallies a team to turn that vision into a reality.

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2
Q

What is a Product Manager’s responsibilities?

A

A good product manager will spend his or her time on a handful of tasks.

  • Understanding and representing user needs.
  • Monitoring the market and developing competitive analyses.
  • Defining a vision for a product.
  • Aligning stakeholders around the vision for the product.
  • Prioritizing product features and capabilities.
  • Creating a shared brain across larger teams to empower independent decision-making.
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3
Q

Product Manager vs. Product Owner

A

Product Manager
- Works with outside stakeholders
- Helps to define the product vision
- Outlines what success looks like
- Owns vision, marketing, ROI
- Works at a conceptual level

Product Owner
- Works with internal stakeholders
- Helps teams execute on a shared vision
- Outlines the plan for achieving success
- Owns team backlog and fulfillment work
- Involved in day-to-day activities

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4
Q

Best practices and tips for being a great product manager

A
  1. Prioritize ruthlessly
  2. Know the lay of the land
  3. Empower your team to make their own decisions
  4. Learn to influence without authority
  5. Develop a thick skin
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5
Q

What makes a great Product Manager?

A

It’s the rare breed that’s forward-thinking, highly influential, and can walk people through the rationale behind a decision and convince them - even without data.

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6
Q

How would you spend your first week on the job here?

A

Any product manager’s first week should include directly engaging and talking with users.

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