Assingment-Role of a Product Manager

The product manager is responsible for defining the release process and coordinating all of the activities
required to bring the product to market. This involves bridging gaps between different functions within
the company and aligning all of the teams involved — namely marketing, sales, and customer support.

In most cases, the description of Product Manager covers an incredibly wide range of skills. However,
most Product Manager roles have several key components.

Business expertise:- People say that the Product Manager is the CEO of the product. Though that is
not typically 100% true, making sure the company is generating a profit is usually involved. You need to
have a suite of business skills to keep your product profitable.

Operational ability:- Product Managers need to dive deep into the many nitty-gritty details needed to
manage a product: for example, creating part numbers or updating a spreadsheet. Sometimes you can
get someone else to do these tasks, but many times you are responsible for them.

Domain expertise:- Very often, your knowledge of your market and product area is why your company
hired you. The fact that you know the customers and the business is the main reason you’re now a
Product Manager.

Here is a list of a Product Manager role.

 Demonstrated success in defining and launching products that meet and exceed business
objectives
 Excellent written and verbal communication skills
 Subject matter expertise in a particular product or market. This should include specific industry
or technical knowledge.
 Excellent teamwork skills
 Proven ability to influence cross-functional teams without formal authority
 Is a market expert. Market expertise includes understanding the reasons customers purchase
products. This includes a deep understanding of the competition, and how customers think of and buy
your product. Product Managers need market research and competitive analysis skills to complete these
tasks.
 Acts as the product’s leader within the company.
 Develops the business case for new products, improvements to existing products, and business
ventures.
 Develops positioning for the product.