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Product Manager 101: What Does A Product Manager Actually Do?

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This is an expanded and updated version of the original Product Manager 101. The purpose is to explain the role of the product manager and product management to new and prospective PMs as well as those who will interact with PMs.

Veröffentlicht in: Business, Technologie
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Product Manager 101: What Does A Product Manager Actually Do?

  1. 1. Product Manager 101: What Does A Product Manager Actually Do? Presented by Christopher Cummings http://www.christophercummings.com
  2. 2. What Is A Product Manager? quot;A Product Manager fills in the gaps between different functions and departments in order to make sure that the product develops and makes progress, with the aim of making the product perform better relative to the competition.quot; - Jacques Murphy Gaps can occur between... ‣ Development & Direction ‣ Sales & Reality ‣ Revenue & Profit ‣ Managing & Doing
  3. 3. What Does A Product Manager Do? No, seriously. What does a Product Manager actually do?
  4. 4. Understands The Market ‣ Communicates with customers & prospective customers ‣ Conducts usability tests ‣ Surveys ‣ Keeps an ongoing record of compliments/complaints ‣ Actually uses the product regularly
  5. 5. Develops Market-Based Product Strategies ‣ Research, research, research ‣ Is aware of, and understands, the competition... ‣ ... but is not just slavishly copying their feature sets ‣ Don’t feed The Blob by creating bloatware!
  6. 6. Creates Relevant, Usable Documentation ‣ BRD: Business Requirements Document - Identifies business problems, solutions ‣ MRD: Market Requirements Document - Functional, non-functional requirements ‣ PRD: Product Requirements Document - Feature details, user interface, flow ‣ FSD: Functional Specifications Document - Engineers, screen by screen ‣ Note: Not every company uses these acronyms--or docs--in the same way! Image source: http://www.library.cornell.edu/olinuris/ref/eng185dwb.html
  7. 7. Brings Products Into The Market ‣ Your job is to meet market demands and actually make it to market ‣ Realize that pioneering doesn’t always pay... ‣ But understand the importance of not falling behind the curve ‣ Timing is crucial! ‣ Examples: Xerox’s Star computer (’81), Lycos TV (’99) Image source: http://www.ioffer.com/selling/daylily120
  8. 8. Develops Customer Relationships The Means... The 5-C Method... ‣ Face to face ‣ Clear, not jargon ‣ Email ‣ Concise, not convoluted ‣ Blog ‣ Confident, not weasel words ‣ Telephone ‣ Courteous ‣ Social networks ‣ Completely understands the issue Image source: http://www.relenet.com/ Image source: http://www.nytimes.com/slideshow/2008/01/04/nytfrontpage/20070104POD_index.html
  9. 9. Bridges Every Department That Touches Product ‣ Sales ‣ Marketing Communications ‣ Engineering ‣ Design ‣ Customer Service ‣ QA ‣ Operations
  10. 10. The Product Manager’s Role: To Avoid This
  11. 11. What Else Does A Product Manager Do? ‣ Manages the brand ‣ Generates sales leads ‣ Responsible for the profit & loss of the product ‣ Brings new products to life... maximizes profits in existing products... winds down unsuccessful products ‣ Champions the product, internally and externally
  12. 12. In 20 Words Or Less? The Product Manager is the glue that binds the team together and the grease that keeps the product moving in the right direction.
  13. 13. Bonus! 5 Tips For Success ‣ Don’t define HOW things are done; focus on WHAT needs to happen and WHEN ‣ Ask targeted questions, challenge assumptions, gather useful data ‣ Leverage the knowledge of experts inside and outside the company ‣ Shield your development team from the slings and arrows of outrageous demands ‣ Don’t be all talk--be ready to jump into the fray and lend a helping hand
  14. 14. Resources • How To Be A Good Product Manager: http://www.goodproductmanager.com/ • Pragmatic Marketing: http://www.pragmaticmarketing.com/ • All About Product Management: http://allaboutproductmanagement.blogspot.com/ • The Cranky Product Manager: http://crankypm.com/ • Marketing Charts: http://www.marketingcharts.com

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