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The Product Manager
     Pathfinder
 Hector Del Castillo, CPM, CPMM, PMP
    Transforming products into profit.TM
 AIPMM Sr. Product Marketing Manager
      hdelcastillo@aipmm.com
           Participate in Your Success
                 August 28, 2010
Thank You to Our Sponsors




2
AIPMM Core Team
•   Therese Padilla - President, Co-Founder AIPMM
•   Paula Gray - VP, Co-Founder, Anthropologist-in-Residence
•   Steve Wells - Senior Product Manager
•   Hector Del Castillo - Senior Product Marketing Manager
    –   BS EE, MS EE
    –   CPM, CPMM & PMP certifications
    –   IEEE Standards experience
    –   10+ years in product management
    –   20+ technologies (HW/SW/Apps)
    –   10+ industries (12+ mobile/wireless)
    –   Launched over 15 hardware and software products
    –   Passion for transforming products into profit

        3          © 2010 AIPMM, All Rights Reserved.
What We Will Discuss
• Key principles to help you succeed in
  Product Management and Marketing
• Tips to help you create a career
  management plan to increase your worth
• Identify key practices and tools to grow
  your career
• Share career path stories

    4       © 2010 AIPMM, All Rights Reserved.
What is your career path?




5        © 2010 AIPMM, All Rights Reserved.
What is Product Management?
Product               An artifact that has been created by someone or some
                      process to satisfy the customer’s need from the customer’s
                      point of view even if the pieces are priced and delivered
                      separately.
Product Management    Organizational function within a company dealing with the
                      planning, forecasting or marketing of a product, product line
                      or product portfolio at all stages of the product life cycle.

Product Manager       A person that usually focuses on inbound planning activities
                      to increase a product's perceived value to the customer.

Product Marketing     A person that usually focuses on outbound planning activities
Manager               to increase a product's perceived value to the customer.

Brand Manager         A person who has marketing responsibilities for a specific
                      brand and seeks to increase a product's perceived value to
                      the customer and thereby increase brand equity and market
                      share.

      6              © 2010 AIPMM, All Rights Reserved.
What is the most important task for a
Product Manager?
A. Maximize revenue for products.
B. Lead product development activities.
C. Reduce development cost for products.
D. Maximize profit for products.
E. Serve as the product CEO.



    7      © 2010 AIPMM, All Rights Reserved.
What is the most important task for a
Product Manager?
A. Maximize revenue for products.
B. Lead product development activities.
C. Reduce development cost for products.
D.Maximize profit for products.
E. Serve as the product CEO.


    8       © 2010 AIPMM, All Rights Reserved.
Product Management is
    Everything it takes for
    a company to deliver
    a product that
    satisfies the
    customer’s need from
    the customer’s point
    of view to maximize
    profit.

9                © 2010 AIPMM, All Rights Reserved.
What does a Product Manager do?
•   Leads cross-functional teams.
•   Influences peers and executive team.
•   Makes decisions regarding products.
•   Leads financial planning and analysis.
•   Evaluates the industry and competition.
•   Identifies target customers and markets.
•   Forecasts market share and revenue.
•   Creates product and marketing strategies.
•   Leverages the Product Management Life Cycle.
      10       © 2010 AIPMM, All Rights Reserved.
Product Management Life Cycle




Source: AIPMM, © 1998-2010, All Rights Reserved.




           11            © 2010 AIPMM, All Rights Reserved.
What are core competencies of a
Product Manager?

•   Strategic                       •   Continuously improving
•   Analytical                      •   Willing to lead
•   Decisive                        •   Flexible
•   Tenacious                       •   Competitive
•   Bold                            •   Detail oriented
•   Confident                       •   Inquisitive



      12         © 2010 AIPMM, All Rights Reserved.
How do you develop vital PM traits?
A.   Create a personal career plan.
B.   Network, network, network.
C.   Ask for opportunities to lead.
D.   Expand your knowledge and soft skills.
E.   Mentor others.
F.   Get certified; validate your expertise!
G.   Join AIPMM, PMAs, and Prof. Associations.

       13      © 2010 AIPMM, All Rights Reserved.
How do you develop vital PM traits?
A.   Create a personal career plan.
B.   Network, network, network.
C.   Ask for opportunities to lead.
D.   Expand your knowledge and soft skills.
E.   Mentor others.
F.   Get certified; validate your expertise!
G. Join AIPMM, PMAs, and Prof.
   Associations.
       14      © 2010 AIPMM, All Rights Reserved.
Why Join AIPMM?
A.   Participate in networking opportunities.
B.   Expand your knowledge and soft skills.
C.   Learn best practices and methodologies.
D.   Opportunities to lead activities.
E.   Get certified; validate your expertise!
F.   Execute your personal career plan.



               © 2010 AIPMM, All Rights Reserved.
Useful Links
Association of International Product Marketing & Management
• Website: http://www.aipmm.com
• Articles: http://www.aipmm.com/html/newsletter/article.php
• Blogs: http://aipmm.com/anthropology/
• Webinars: http://aipmm.com/aipmm_webinars/
• Certification: http://aipmm.com/html/certification/
• Product Management Framework Brochure:
  http://www.aipmm.com/brochures/AIPMM_PMF.pdf




      16         © 2010 AIPMM, All Rights Reserved.
The Product Manager
     Pathfinder
 Hector Del Castillo, CPM, CPMM, PMP
    Transforming products into profit.TM
 AIPMM Sr. Product Marketing Manager
      hdelcastillo@aipmm.com
           Participate in Your Success
                 August 28, 2010
Product Manager Career Path Guide

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Product Manager Career Path Guide

  • 1. The Product Manager Pathfinder Hector Del Castillo, CPM, CPMM, PMP Transforming products into profit.TM AIPMM Sr. Product Marketing Manager hdelcastillo@aipmm.com Participate in Your Success August 28, 2010
  • 2. Thank You to Our Sponsors 2
  • 3. AIPMM Core Team • Therese Padilla - President, Co-Founder AIPMM • Paula Gray - VP, Co-Founder, Anthropologist-in-Residence • Steve Wells - Senior Product Manager • Hector Del Castillo - Senior Product Marketing Manager – BS EE, MS EE – CPM, CPMM & PMP certifications – IEEE Standards experience – 10+ years in product management – 20+ technologies (HW/SW/Apps) – 10+ industries (12+ mobile/wireless) – Launched over 15 hardware and software products – Passion for transforming products into profit 3 © 2010 AIPMM, All Rights Reserved.
  • 4. What We Will Discuss • Key principles to help you succeed in Product Management and Marketing • Tips to help you create a career management plan to increase your worth • Identify key practices and tools to grow your career • Share career path stories 4 © 2010 AIPMM, All Rights Reserved.
  • 5. What is your career path? 5 © 2010 AIPMM, All Rights Reserved.
  • 6. What is Product Management? Product An artifact that has been created by someone or some process to satisfy the customer’s need from the customer’s point of view even if the pieces are priced and delivered separately. Product Management Organizational function within a company dealing with the planning, forecasting or marketing of a product, product line or product portfolio at all stages of the product life cycle. Product Manager A person that usually focuses on inbound planning activities to increase a product's perceived value to the customer. Product Marketing A person that usually focuses on outbound planning activities Manager to increase a product's perceived value to the customer. Brand Manager A person who has marketing responsibilities for a specific brand and seeks to increase a product's perceived value to the customer and thereby increase brand equity and market share. 6 © 2010 AIPMM, All Rights Reserved.
  • 7. What is the most important task for a Product Manager? A. Maximize revenue for products. B. Lead product development activities. C. Reduce development cost for products. D. Maximize profit for products. E. Serve as the product CEO. 7 © 2010 AIPMM, All Rights Reserved.
  • 8. What is the most important task for a Product Manager? A. Maximize revenue for products. B. Lead product development activities. C. Reduce development cost for products. D.Maximize profit for products. E. Serve as the product CEO. 8 © 2010 AIPMM, All Rights Reserved.
  • 9. Product Management is Everything it takes for a company to deliver a product that satisfies the customer’s need from the customer’s point of view to maximize profit. 9 © 2010 AIPMM, All Rights Reserved.
  • 10. What does a Product Manager do? • Leads cross-functional teams. • Influences peers and executive team. • Makes decisions regarding products. • Leads financial planning and analysis. • Evaluates the industry and competition. • Identifies target customers and markets. • Forecasts market share and revenue. • Creates product and marketing strategies. • Leverages the Product Management Life Cycle. 10 © 2010 AIPMM, All Rights Reserved.
  • 11. Product Management Life Cycle Source: AIPMM, © 1998-2010, All Rights Reserved. 11 © 2010 AIPMM, All Rights Reserved.
  • 12. What are core competencies of a Product Manager? • Strategic • Continuously improving • Analytical • Willing to lead • Decisive • Flexible • Tenacious • Competitive • Bold • Detail oriented • Confident • Inquisitive 12 © 2010 AIPMM, All Rights Reserved.
  • 13. How do you develop vital PM traits? A. Create a personal career plan. B. Network, network, network. C. Ask for opportunities to lead. D. Expand your knowledge and soft skills. E. Mentor others. F. Get certified; validate your expertise! G. Join AIPMM, PMAs, and Prof. Associations. 13 © 2010 AIPMM, All Rights Reserved.
  • 14. How do you develop vital PM traits? A. Create a personal career plan. B. Network, network, network. C. Ask for opportunities to lead. D. Expand your knowledge and soft skills. E. Mentor others. F. Get certified; validate your expertise! G. Join AIPMM, PMAs, and Prof. Associations. 14 © 2010 AIPMM, All Rights Reserved.
  • 15. Why Join AIPMM? A. Participate in networking opportunities. B. Expand your knowledge and soft skills. C. Learn best practices and methodologies. D. Opportunities to lead activities. E. Get certified; validate your expertise! F. Execute your personal career plan. © 2010 AIPMM, All Rights Reserved.
  • 16. Useful Links Association of International Product Marketing & Management • Website: http://www.aipmm.com • Articles: http://www.aipmm.com/html/newsletter/article.php • Blogs: http://aipmm.com/anthropology/ • Webinars: http://aipmm.com/aipmm_webinars/ • Certification: http://aipmm.com/html/certification/ • Product Management Framework Brochure: http://www.aipmm.com/brochures/AIPMM_PMF.pdf 16 © 2010 AIPMM, All Rights Reserved.
  • 17. The Product Manager Pathfinder Hector Del Castillo, CPM, CPMM, PMP Transforming products into profit.TM AIPMM Sr. Product Marketing Manager hdelcastillo@aipmm.com Participate in Your Success August 28, 2010