A Product Manager links business strategy, design knowledge, and customer needs to develop a relevant and high-quality product. They are focused on optimizing the product to meet business goals and user needs while maximizing the return on investment. It is the person responsible for the entire product development cycle. They work in close collaboration with customers, the development team and user expectations. Consequently, a good specialist will have not only managerial skills, but also technical ones. It is very important for a manager to have good communication skills, because they will have to ask and answer a lot in order to achieve a product that satisfies all parties at the end. Think of the Product Manager as connective tissue - they solve everything that goes beyond any of the three main groups.
Below, we will list the skills we think a good Product Manager should have:
A Product Manager collects necessary information, works with documentation, contractors, works out all the necessary requirements for the product, and distributes roles among the employees. The effectiveness of a Product Manager's work is usually assessed through the implementation of KPIs.
One of the main roles of a Product Manager can be described as coaching.
They provide interested parties and teammates with the opportunity to yield maximum benefit. They determine which problem to solve, for whom, why, and when. They also manage the product vision and encourage their teams. A Product Manager should be able to reveal the potential of a specialist in good time and suggest in which direction they should move and grow, what to pay attention to.
Also, for example, Product Managers write down product specifications, meeting notes, and test cases. It's not fun, but it's important to document products so that everyone is on the same page. They should be excellent psychologists and be prepared to deal with angry clients and crisis management. Experience in market research, competitor analysis will be a big plus.
The average salary of Product Managers in Belarus ranges from $1,000 to $4,000. But one should understand that the figure will depend on the experience and skills of the Product Manager.
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