Building & Funding Innovation in the Big Data & AI space. Learner, Leader, Writer with a love for architecture and design.

What Does a Product Manager Actually Do?

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The first edition of this newsletter started with my hilarious take on what the product management role entails. Post that I’ve received a lot of questions and comments that would read as follows: “Are product managers just glorified project managers?”  No!  “Are they in marketing?”  Not sure where you got that from. “Product managers are the same as UX designers!” Eeh! Wrong. “Product managers are the tech freaks!” – Also wrong! “Are they the unofficial CEO of the product”…?  — please stop!

In light of these misconceptions, let’s clarify the role of a product manager.

The Multifaceted Role of a Product Manager

A mid-level PM’s job is central to understanding customer needs and translating them into products people are willing to buy. This role demands a delicate balance of intuition and analysis, requiring the PM to use every brain cell to discern the who, what, why, where, and how of product development. In Silicon Valley, product management has evolved into one of the most influential, business-critical, and high-paying functions within tech companies.

The PM is in charge of the who, what, why, where, and how of product development. 💡🧠

Speaking of brain cells, a lean team for a PM might consist of engineers, an engineering manager, a product designer, and a data scientist. However, in smaller setups, a PM might find themselves wearing multiple hats, doing the jobs of several roles themselves.

The Day-to-Day Life of a Product Manager

One of the core duties of a PM is to oversee the product’s life cycle from conception to launch. This begins with documenting the problem, proposed solution, measurement metrics, and a game plan in a Product Requirements Document (PRD). This document is then put through a rigorous review process, often testing the PM’s mettle and resolve.

After approval, the execution phase begins, where the PM’s primary goal is to develop a Minimum Viable Product (MVP). This is essentially the product in its most basic form, tested among users to gather data and insights. Following successful A/B testing and positive results, a product is ready for launch.

The mantra for a PM is to “Build, test, iterate.”

This method ensures products are developed that genuinely meet user needs and preferences. It’s a cycle of continuous improvement and adaptation, a process of trial and error until enough is known to make a confident decision.

Key Skills for a Product Manager

Life as a PM is hectic, with calendars filled to the brim, a never-ending to-do list, and a schedule so packed it might seem there’s no time left to work.

Yet, effective PMs thrive in this environment, mastering the art of prioritising and saying no when necessary. They’re excellent communicators, making decisions that rally the team together, leading without the pay grade of a leader, and demonstrating grit in the face of challenges.

But most importantly, they build the products we all use and love every day. 🌟

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