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

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Presentation transcript:

Product Manager 101: What Does A Product Manager Actually Do? Presented by Christopher Cummings http://www.christophercummings.com

What Is A Product Manager? Product Management is a strategic and business-oriented role, focused on delivering solutions to market needs. Product Managers... Identify profitable opportunities that meet market needs Launch products into the market Oversee products already in the market Wind down products that longer meet market needs

What Does A Product Manager Do? No, seriously. What does a Product Manager actually do?

Understands The Market Communicates with customers & prospective customers Conducts usability tests Surveys Keeps an ongoing record of compliments/complaints Actually uses the product regularly

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!

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

Brings Products Into (And Out Of) 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

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

Bridges Every Department That Touches Product Sales Marketing Communications Engineering Design Customer Service QA Operations

The Product Manager’s Role: To Avoid This

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

In 20 Words Or Less? Product Managers analyze market data to make intelligent decisions, chart the course, and captain the product toward its intended destination.

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

Resources How To Be A Good Product Manager: http://www.goodproductmanager.com Pragmatic Marketing: http://www.pragmaticmarketing.com All Top Product Management: http://product-management.alltop.com The Cranky Product Manager: http://crankypm.com On Product Management: http://onproductmanagement.wordpress.com