I’ve always been a big fan of the concept of a “core competency” or “distinctive competency” — the one thing that you, your product, or your company does better than anyone else, and that is difficult to easily replicate. Unfortunately, I find that far too few organizations really understand, at a deep level, what this is — or worse, believe they do but when pressure tested the belief fails to live up to expectations. For some organizations, their core competency is obvious — Amazon has a clear competency in logistics, Zappos has a clear competency in customer service, Google has a clear competency in paid advertising. But for others it’s not so simple. Understanding and being able to articulate your core competencies is essential to success as a Product Manager, and as a product or a company as a whole.
Prioritization is More Art Than Science
A very common challenge faced by Product Managers of all experience levels is understanding and implementing some form of repeatable process around prioritization. Some people take a very light approach, making decisions based on their own experience, data, and beliefs about the direction of the product. Others take a much more rigorous approach, applying scorecards and “objective” measures across a plethora of different possible metrics. I’m here to tell you, there’s nothing wrong with either of those approaches, but it’s also become clear to me in my years as a Product Manager that there’s no “silver bullet” to ensure that your prioritization decisions will be right more often than they’re wrong, and placing too much value in systems and scores often just results in a false sense of security that the “process” was right, when digging in you’ll find that those “objective scores” are nothing more than a system to be gamed. There are, however, three things that I think every prioritization system needs to take into account. So, without further ado, let’s discuss value, difficulty, and instinct…
Five Differences Between a Junior PM and a Senior PM
Even though it’s been around as a formal role in software organizations for nearly 20 years (or more, depending on who you talk to), Product Management still struggles with a lot of definition problems — what is the role, how do we grow, when do we get promoted and to where, etc. One of the common issues that we run into are companies who don’t have any form of structure around their product teams, who struggle to define the actual differences between their “associate”, “general”, and “senior” Product Managers without simply resorting to the amount of time they’ve been in the role. As anyone with extensive experience in the profession can tell you, how long you’ve been doing the job has little to no bearing on your actual ability to do the job — you can work for 10 years practicing all sorts of bad behaviors that have resulted in zero growth as a Product Manager. Similarly, you can go deep and hard for 2-3 years and come out the other side as a true product leader and influencer, capable of taking on much more advanced products and projects than your companions. Here are a few of the common differences that I think draw dividing lines between a “junior” Product Manager and a “senior” Product Manager, where age is not the most important factor…
You’re Already a Product Manager…
One of the most common questions I encounter in my work as The Clever PM is a simple one — “How do I become a Product Manager?” And, while the specifics depend greatly on the individual person, where they’re at in their careers, and what companies they want to break into, one of the things that I’m always telling people is that it’s likely that they already have the skills that they need. The best and worst part about being a Product Manager is that the role is often a “jack of all trades” role — filling in where there are gaps in the organization, ranging from the strongly strategic to the severely tactical. No matter where you sit in your organization, chances are good that with the right perspective and point of view, you can likely position the things you do to fit some definition of “Product Manager”.
Three Steps to Break Into Product Management
Product Management is a hot role in the current market, partly because there are companies realizing the importance of the role, and partly because everyone seems to think that they can do the job. Without opining on either of those driving forces, in my experience there are three key things that any candidate can do to optimize their chances of actually snatching a Product Management role: assessing your skills, positioning your experiences, and pitching yourself effectively. If you can master these three key components, you’ll be best positioned to take your next role in Product Management — no matter where you’re coming from.
How to Be a More Agile Product Manager
Due to the unique role that Product Managers play in most organizations, we’re often capable of being the strongest influences on the overall culture of the product development organization and of the company in general. And while there are many companies out there who are truly only interested in giving lip service to the concept of agility, there are others who actually want to be better, who want to embrace the concepts of agility — and it’s up to us as leaders to influence that and contribute where we can. While there are a lot of different behaviors that we can engage in which are likely to increase the adoption of agile practices across our organization, in my experience there are three key things that we should focus on if we want to broaden the success of agile adoption in our companies…
Pack ’em Up! Understanding Your Portable Skills
I’m often asked by in both formal and informal discussions whether I think that Product Managers are stuck in whatever industry they start in, and if not how to break into a new one. And through all the years of having these discussions I’ve determined that the vast majority of the skills that make someone a great Product Manager are entirely portable between companies, products, and industries. You can learn a new product pretty easily, assuming that you have an organization with a good onboarding process. You can learn the market pretty quickly, assuming that the company has some internal experts already there to learn from. And you can learn the politics of the organization by just paying a small iota of attention in your first 30-60 days in the organization. None of those things are directly determinative of success as a Product Manager — what is determinative is the soft skills that you bring along with you, your approaches to problem solving and consensus-building. To that end, here are three key skills that any Product Manager should leverage no matter where they are and no matter where they want to go.
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