When creating any product, quite a lot of specialists can be involved. However, one of the main tasks is coordinating and managing all departments. With successful teamwork, you can expect a pretty good result. Therefore, CEOs devote a lot of time finding the perfect product manager.
What Does a Product Manager Do?
This profession is also known in professional circles as a “mini-CEO.” The product manager develops a strategy and a way to implement the creation of a future product. Such a specialist also plans, predicts, analyzes the market, and is engaged in marketing. The result of this work is the creation of a competitive product that can meet the ever-growing needs of consumers.
Needless to say, such a specialist is a very important person in the project. Therefore, if you are applying for this position, your resume should be quite informative. Of course, in this information block, we will define all the skills that you can add to your resume. In addition, you can use the service where professionals will create your resume in accordance with the requirements of the employer.
What are the Responsibilities?
One of the main points of the job description is the specialist’s responsibilities. Since the position held is quite high, the list of responsibilities is quite extensive:
- Lead a team of experts across design, engineering, consumer insights, and data science to produce excellent products for customers.
- Develop a strategic product roadmap based on customer needs, strategic company goals, market and technology trends to take a product from concept to validation, delivery, measurement, and iteration.
- Determine key metrics, monitor and report on engagement and usage, and identify opportunities for improvement.
- Collaborate closely with the Customer Success and Sales teams to learn about customer use cases, which involves regular interactions with customers and other externally facing business units.
- Assisting with the day-to-day management in order to keep the team moving forward.
- Prioritize the backlog to address the most urgent and costly business and consumer issues.
- Provide detailed briefs in response to a specific problem and objective.
- Prepare documentation, presentations, and other materials to ensure all stakeholders understand the project goals and objectives.
- Ensure that the product requirements are accurately defined and that the engineering teams carry them out.
- Build confidence with cross-functional partners and encourage highly collaborative design processes.
- Identify new opportunities and work with team members across the enterprise to meet their identification and authentication needs.
Product Manager Requirements
Certainly, the requirements may be different, and it directly depends on the employer and the project. However, a potential candidate for a vacancy must meet the general requirements, whatever the specifics. First and foremost, a person must have experience in product development. An excellent option would be an employee who has already worked in a similar field or with a similar product. In addition, the product manager needs to understand the project and strategic management. An excellent indicator will be sufficient awareness of the product and the availability of ideas for its development and implementation. For most employers, these are the most relevant:
- Bachelor’s degree (Master’s degree preferable)
- A certain amount of experience in years as a product manager
- Great communication and teamwork skills
- Examples of successful projects and documents that can prove it
- Experience in a technical field
- Information about accomplishments (courses, grants, awards, etc.)
Product Manager Skills and Proficienсies
The representative of this profession has a large number of responsibilities, so he must have certain skills. But at the same time, if some skills can be replaced with similar ones, then a bachelor’s or master’s degree is mandatory. Recruiters will be looking for a candidate with a degree in product design or engineering.
Hard Skills for Product Manager Position
- Market Analysis and Research
- Product Roadmap Development
- Data Analysis
- Writing Technical Specs and Requirements
- Marketing Skill
- UI/UX Desigh
- Agile/Scrum Methodology
- Project Management
- Writing Technical Specs and Requirements
- A/B Testing
Soft Skills for Product Manager Position
- Organizational Leadership
- Critical Thinking
- Problem-Solving
- Time-Management Skills
- Analytical Thinking
- Ability to Inspire and Motivate
- Delegation Skill
These skills are basic but can also vary from company to company. You can also see the sample of how to write a resume for a Product Manager job.
Product Manager Salary Expectations
According to Glassdoor, the average annual salary for a Product Manager in the US is $118,626 as of March 2022. It could be less or more. This mostly depends on the company, its size, and the product being developed. But usually, the job description does not contain this information. It will be given to you at the interview.