In addition, a good product manager forms the team’s vision of the product for several years ahead and tries to scale it to new markets and new categories of clients. Corporate messenger on your server in 10 minutes Corporate messenger on your server in 10 minutes We will provide a free period. We will help you set up Compass on your servers or in the cloud. We will simplify the move and adaptation of the team.
Order a consultation The Role of a Product Manager in Business
It is difficult to overestimate the benefits of a product manager’s work. On the one hand, an experienced specialist will help identify promising ideas saudi arabia phone number library for the company, and on the other hand, reject losing options. Thus, the business will be able to get additional profit and not lose money due to mistakes.
The product is the ideologist of the company
He explains why and for whom the team is releasing a product or making an update. He defines how this will help achieve the strategic goals of the business. Effective coordination of employees from different departments at all stages of the product life cycle also helps to increase revenue. The success of the business in the long term largely depends on the product manager. When to Hire a Product Manager Small teams can work without a product manager.
The business owner, for example
Can set tasks and control their implementation. But as we associate with events to the team grows, a product manager becomes necessary. After all, at some point the volume of work grows so much that it is no longer possible to control it with the efforts of the company founder alone. How to evaluate the effectiveness of a product manager The work of a product manager is usually assessed based on internal and external criteria. Internal criteria include: Interaction within the team.
How well are the work processes debugged
Does everyone understand what and how to do, are there any cg leads unmanageable conflicts, etc. This is rather a subjective indicator, it does not have a quantitative assessment. The speed of the team’s work. To what extent does the actual work correspond to the planned work, how often do force majeure situations occur? External factors include numerous product metrics that show the level of its success in the market.