Role And Best Practices For Beginners Flashcards
What is a Product Manager?
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.
What is a Product Manager’s responsibilities?
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.
Product Manager vs. Product Owner
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
Best practices and tips for being a great product manager
- Prioritize ruthlessly
- Know the lay of the land
- Empower your team to make their own decisions
- Learn to influence without authority
- Develop a thick skin
What makes a great Product Manager?
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.
How would you spend your first week on the job here?
Any product manager’s first week should include directly engaging and talking with users.