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5 BUCKETS OF
PRODUCT MANAGEMENT
To each their own shape
Ref: Jonny Schneider
Ref: Jiangmei Kang
ANOTHER WAY TO
THINK OF WHO WE ARE
The Five Buckets Approach to Product Management Capabilities and
Competencies
4
Synthesis
Influencing
Business
Acumen
Domain
Knowledge
Prioritisation
FIVE BUCKETS
of
PRODUCT
MANAGEMENT
CAPABILITIES
Five key capabilities that summarise essentials of Product
Entrepreneurship and Product Management
6
Influencing
Synthesis
INFLUENCING
7
Business
Acumen
Domain
Knowledge
Prioritisation
• Rallying opinions around the Product value
• Active listening
• Evangelism
• Articulation of value
• Connect Business,Users, Techies and be their
advocate in Product decisions
• Establish common language
• Fill the communication gap
• Stakeholder engagement
• Problem solving
• Decision making
• Conflicts resolution
• Jedi Mind Tricks
• Elevator pitches
• Quips, anecdotes, story telling
• Personal leadership
• CxO level conversations
Synthesis
SYNTHESIS
8
Influencing
Business
Acumen
Domain
Knowledge
Prioritisation
• Take inputs from various sources and synthesize them
into coherent vision
• Build Product Strategy
• Product Design, Innovation, User Research keeping
inputs and behaviors in mind
• Work with Business Analysts, Experience Designers,
Developers, stakeholders, contributors, builders,
consumers, etc.
Domain
Knowledge
Synthesis
Domain Knowledge
9
Influencing
Business
Acumen
Prioritisation
• Ramp up at needed pace to get sufficient Domain
Knowledge
• SME or strong Design background or strong
Development background
Prioritisation
Synthesis
Prioritisation
1
Influencing
Business
Acumen
• Roadmapping
• Track and Manage the Delivery Progress
• Manage and Prioritize the Product Backlog
Domain
Knowledge
Business
Acumen
Synthesis
Business Acumen
1
Influencing
• Sustainability of the business based on the product
• Business case for
ideas/product/innovations/incremental innovations
• Pricing
• Market scoping
• Market research
• Market size
• Market opportunity
• Product - Organization fit
• Product - Market fit
Domain
Knowledge
Prioritisation
PERSONAS EXAMPLES
Product Managers come in variety of sizes, colors, configurations, attitude
and style
1
2
Influencing
Business
Acumen
Prioritisation
IDEATOR / DISRUPTOR / STARTUP PROMA
1
Synthesis
Domain
Knowledge
Synthesis
Influencing
Business
Acumen
INCREMENTAL INNOVATOR / ENTERPRISE PROMA
1
Domain
Knowledge
Prioritisation
Influencing
Domain
Knowledge
Prioritisation
SUSTENANCE PRODUCT MANAGER
1
Synthesis
Business
Acumen
Synthesis
Influencing
Domain
Knowledge
DOMAIN SPECIFIC PRODUCT MANAGER
1
Business
Acumen
Prioritisation
THANK YOU
Dinker Charak – ddiinnxx.com

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Five Buckets Model for Product Management