What exactly is a role of 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.

Do product managers have a lot of meetings?

You host a weekly or bi-weekly meeting with the key stakeholders responsible for the success of your product. This core team meeting should include at least one decision-maker from each area: support, sales, marketing, development, and critical members of your product team.

What does a product manager earn?

Starting salaries for product managers and junior product managers are usually between £25,000 and £40,000. Experienced or senior product managers will usually earn between £35,000 and £60,000. Very experienced product managers, heads of product and vice presidents (VPs) of products can earn more than £60,000.

What is the job of a product manager?

In his book Inspired, Marty Cagan describes the job of the product manager as “to discover a product that is valuable, usable and feasible”. Similarly, I’ve always defined product management as the intersection between the functions business, technology and user experience (hint — only a product manager would define themselves in a venn diagram).

Who do product managers report to in a company?

A good number of product managers report directly to the CEO, acting as his or her representative at the product level. For technology companies, particularly those with enterprise or B2B products, the product management job is very technical. This is why many product managers report to Development, or Engineering.

What are the personality traits of a product manager?

Product managers have distinct personalities. They tend to be enterprising individuals, which means they’re adventurous, ambitious, assertive, extroverted, energetic, enthusiastic, confident, and optimistic. They are dominant, persuasive, and motivational.

How to become a successful product manager?

Each product decision, even early on, should be rooted in strategy. So do not jump into decision-making impulsively. Dig into the existing product goals and make sure you understand what you are trying to achieve. Empathy is essential for successful product managers. Spend time really getting to know the problems that you solve for customers.