Creating a product and selling it to the end user are two entirely different facets in any product life cycle. As a product manager, you have to understand that repeat sales are what determine whether your customers were really satisfied by whatever product they purchased from you. This means you have to develop a product…
Categories: Product Management
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Product Management 101 – Short Guide
So you want to be a product manager? Congratulations, you’ve got some brass. This isn’t an easy job, in fact it’s one of the hardest jobs in the business world, because everyone wants a piece of you and everyone blames you when the ship takes on water. But, it’s a rewarding career and one of…
Best Practices for Product Management Budget
When I discovered it was time to discuss the product management budget concept, I cringed, I moaned and I groaned. Why? Not because I think it’s unimportant or something. It’s tremendously important, and it’s a challenge. I just, like so many people who aren’t bean counters or mathematicians, hate financial topics. Death and Taxes: Unfortunately,…
Understanding Product Life Cycle Management
Having just talked about the development cycle, you naturally want me to talk about the product life cycle management as a sort of sequel. I mentioned that once you went to active phase in that, you’re now running this. So, of course you want to know what that cycle is like, because it’s the one…
Top 7 New Year’s Resolutions for Better Product Management
Product management is a demanding, yet rewarding field. It requires individuals to maintain an acute awareness of all aspects of a product, while simultaneously maintaining a vision for the “whole”. With product managers responsible for each product, improving the product management team and creating winning strategies can vastly improve the overall performance of a company.…
Technical Product Manager Tips for Success
When it comes to attaining desired success as technical product manager, there are a few crucial aspects that need to be taken into consideration. Being successful at this position requires an individual to be fully acquainted with the knowledge of the market needs, and satisfying those needs through the company products. Although the products that…
The Product Manager Responsibilities Explained
A product manager is sometimes referred to as the CEO of a product, who, like a general manager oversees all aspects of the product and business. The role of product management spans many activities from strategic to tactical and varies based on organizational structure of the company. Product manager responsibilities may also be likened to…