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Wednesday, 16 April 2008

Where will the product manager be in 3 years time?

Posted on 09:56 by Unknown
Where do you, as the Product Manager, see yourself in three years time?
I always find this question challenging: the pace of product management and technology is moving so fast that it would be quite difficult to predict where or what today’s product manager would be doing in three or five years time. However here are a few thoughts that may help you answer the question and put you on track for a prolonged and fruitful career as a Product Manager
Stress on seeing yourself as a successful Product ManagerI’ve always liked this quote from Allan R Cohen book “The portable MBA in Management”

“…the meaning of success has also changed for most people. No longer do people think of success in terms only in vertical terms (for example in terms of promotions). Increasingly, people define success in their own terms, measured against their own particular set of gaols and values in life. We call this psychological success. The good thing about success from the individuals point of view is while there is only one way to achieve vertical success (that of moving up), there are an infinite variety of ways of achieving psychological success.”

Applying horizontal success to Product Management
The Product Manager could apply philosophy of horizontal success by talking about:
  • Becoming or continuing to master a range of technologies that are applicable to his/her market and product.
  • To be known as the Product Manager that successfully launched a number of innovative products into the market place.
  • Broadening your product portfolio and entering new markets.
  • Taking on more responsibilities and mentoring junior product managers
Achieving the above and being formally recognised for it is also known as lateral promotion acording to Promoting to a new employer
"The lateral promotion is where, because of your increased knowledge, skills or experience, you earn more pay but do not get a managerial position. Many companies have realised over the past decade that one way to keep their personnel happy is not to make them supervisor, manager, partner or vice president, but to pay them better for being good at what they do. It's a simple way of rewarding - and keeping - valuable employees without putting extra strain or a new life on them."
It’s important not to give the impression (or have the idea) that you’re using the company only as a stepping stone to becoming the “Head of Product Management” or promoted to being the “Group Product Manager.”
Be sure to persuade the interviewer that you are able and ready to add value to the company and the product range(s) you will be managing before you give any impression on having a desire to climb the corporate ladder.
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Posted in interview, Your Career | No comments

Friday, 11 April 2008

7 things the Product Manager needs to consider when bypassing processes

Posted on 03:29 by Unknown
Wikipedia, states that: Product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. Therefore it is important that the product manager believes and supports the processes that the company has implemented. However are there ever situations when it is acceptable to break an agreed process?

The answer depends a lot on the industry and products you’re managing. Very early on in my career I worked as an Avionics Engineer – the company would periodically be audited (with little or no warning) by the CAA, FAA and internal QA department. For obvious reasons failure to adhere to and being seen to follow the laid down processes would be totally unacceptable. Other industries are bound by SOX or ISO 9001 etc…. So if asked, at an interview – it would be wise to demonstrate that you understand and embrace the appropriate processes and procedures. However it would also be good to demonstrate that you can think outside the box. Some industries are not heavily regulated and there will be times when bypassing a process may result in commercial gain. If you feel it is appropriate to bypass processes then by sure to indicate that you would consider the following 7 points:

1. Inform your line manager. The last thing you want is for you boss to approach you if something goes wrong – ensure you keep her/him in the loop.
2. Weigh up the risk and rewards to the company and product. Are you sacrificing quality and therefore the company’s reputation for the sort term commercial gain? E.g. by shipping a product to a customer before it has been fully beta tested. On the other hand if you don’t ship first will your competitor ship before you and gain valuable market share?
3. Weigh up the risk and rewards to your career – in other words would you feel confident defending your actions to corporate management? How would you explain a lost commercial opportunity to the CEO or MD?
4. Keep a record of what was not done or who was not consulted.
5. Send an email, in advance, to those you are asking to actually by pass the process (e.g. support staff) and be sure that you clearly indicate that you as the ‘Product Manager’ are prepared to take full responsibility for any unfavourable outcome.
6. After the event (e.g. a release of a new online feature) be sure to backtrack – tidy up any loose ends and make sure that the records correctly reflect what actually happened and why. Or continue beta testing and offer the first customers a free upgrade etc…
7. Review the process that was bypassed and see if it could be improved to cater for any future emergencies.


My final thought on the topic is never by pass a process if it involves compromising on health and safety, breaking the law or deceiving the customers/end user no matter what the commercial gains.
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Posted in interview, Tips, Your Career | No comments
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