SlideShare a Scribd company logo
1 of 14
1
IDEAL PRODUCT MANAGER?
EVOLVE
RESEARCH
STRATEGY
LAUNCH
PROMOTE
DESIGN
THE PRODUCT MANAGEMENT
VALUE CHAIN
BUILD
MARKET
ANALYSIS
PRODUCT
ANALYSIS
MARKET
ASSESMENT
PRODUCT
VISION
PRODUCT
ROADMAP
PRODUCT
DESIGN &
NEEDS
DEVELOP
PRODUCT PRODUCT
ROLLOUT
MARKET
DRIVEN
PRODUCT
GO TO
MARKET
STRATEGY
PRODUCT
EVAGELISM INCREASE MARKET
REVENUE & SHARE
ROLES
FUNCTIONAL COMPETENCIES
ORGANISATIONAL COMPETENCIES
Competencies and
profiles selected
accordingly to attain
objectives
SKILL AREAS
FOUNDATIONAL COMPETENCIES
5
FOUNDATION
COMPETENCI
ES
6
INDUSTRY SPECIFIC
MANAGEMENT
PRODUCT
DEVELOPMENT
MARKET RESEARCH
BUSINESS STRATEGY
AGILE METHODOLOGIES
MARKETING
STRATEGIC PLANNING
BUSINESS DEVELOPMENT
PRODUCT MANAGEMENT
TEAM MANAGEMENT
PM ESSENTIALS (T SHAPE)
TIME MANAGEMENT CONTINOUS LEARNING PLANNINGFOCUS/ DISCIPLINE FACILITATION BUSINESS DEVELOPMENT
CONVERSION RATE
OPTIMISATION
CUSTOMER
RELATIONSHIP
MANAGEMENT
CORPORATE
CULTURE
STAKEHOLDER
MANAGEMENT
HRM GROWTH PROCESS
MVP
DESIGN
BUSINESS
THEORY
LEAN
DELIVERY
BUSINESS
LIFECYCLE
PRODUCT/
MARKETFIT
PRODUCT
METRICS
UI/UX
DESIGN
USER
RESEARCH
STRATEGICVISION
BUSINESSSTRATEGY
PRODUCT
OWNERSHIP
PRODUCT
MARKETING
RESEARCH
HYPOTHESIS
TESTING
BACKLOGPRIORITISATION
(ICESCORE)
FUNNEL
MARKETING
A/BTESTING
TEAM
LEADERSHIP
Width of Knowledge
DepthofKnowledge
VS
What do I want to achieve with this product?
What will your product look like when you will be sitting there in 20 years?
Reason to Live- For your Product ?
S T R AT E G I C V I S I O N :
8
CORPORATE
COMPETENCIES
Path of action to transform Vision into Reality
Create Value and monetize
B U S I N E S S S T R AT E G Y:
The process of finding big markets with enough consumer demand
and tracking down unmet demands on that market.
P R O D U C T M A R K E T F I T:
Efficiently lead a product through every stage of it’s life are
necessary
B U S I N E S S L I F E C YC L E :
Testing “the realistic assumptions” against practice is what will
prove whether they can bring benefit to anyone (Internal, 3rd Party)
H Y P OT H E S I S T E S T I N G :
Two principles — remove things that add no value and try to ship
and improve in short cycles.
L E A N / C O N T I N O U S D E L I V E R Y :
Vital Tool for generating insights – (SaaS)
A N A LY S I S & P R O D U C T M E T R I C S :
9
CORPORATE
COMPETENCIES
PM has to do research and study, because value creation is
impossible without having full information on the environment.
R E S E A R C H :
Creating products is creating Value
Need Testing - Analyze WEB Traffic Data
U S E R R E S E A R C H (C U S TO M E R D E V E LO P M E N T ) :
Should be able to make use of methodologies (SCRUM and others)
and technologies of managing product work what’s the most
important thing to do at the moment?
P R O D U C T O W N E R S H I P :
Designing experiences and interfaces that allow for seamless
interaction with the product is an art
U I / U X D E S I G N :
Designing experiences and interfaces that allow for seamless
interaction with the product is an art
P R O D U C T M A R K E T I N G :
A/B testing in product allows to test product hypotheses and
compare the impact of different product features. The same
methods when used with funnels allows (like in marketing) to test
different parts of a funnel. Both of these use scenarios help
bringing the product closer to perfection.
A / B T E S T I N G :
KNOWLEDGE
PRODUCT MANAGEMENT
EXPERIENCE & SKILLS
OTHER KEY SKILLS
4 MAJOR
LENSES TO
MAP
10
EVALUATING SKILL SETS- 4 PARAMETERS
COMMERCIAL ACUMEN
Very strong knowledge of
Product capabilities and
underlying technology
Product Portfolios
Focuses on Business case
development, Pricing and
numerical Analysis
Depth of Experiences and
appropriate styles of
Product Management as a
function
General skills used across generic
business (Ecommerce in our Case)
and professional interactions are
differentiators between good and
great PM
KNOWLEDGE RATING
Target Market
What is our TG? How do we tap them?
Suggest new methods to target them.
Market Needs
What are the prevailing trends as per your User Research and
Testing?
How would you redesign our product?
Product Knowledge
What do you like, dislike in our product?
How do you think we came up with the Price for ______ product?
How would you describe our product to someone?
Technical Knowledge
What metrics do you think are essential ?
How would you prioritize features ?
What is the key to good User Interface?
Competitive Knowledge
What do you think our competitor did better?
What do you think are essential implementations for our product,
to remain Competitive?
Preparing a Questionnaire Model based on the 4 Parameters and sub parameters and rating them based
on weights that can be assigned to ach Parameter based on its importance to the Job Role and
accordingly rating, as per their knowledge, potential and experiences
OTHER KEY SKILLS RATING
Collaborative Working
What kind of people do you have hard time working with ?
Is consensus always a good thing ?
Negotiation
Tell us about the time when your Negotiation skills played
an essential role ?
Prioritisation
Communication
What’s the best way to work with executives?
Tellme about a Time when you had to build and motivate
team?
Leadership
What’s the best way to work with executives?
What would you do to get a team to stick to a schedule?
What’s the difference between Leadership and
Management ?
RATING PARAMETRES
12
COMMERCIAL ACUMEN RATING
Manage Product & Business
How do you manage a new product launch? What tactics
strategies and processes do you use ?
Building Business Cases
How do you know when a product is designed well?
What would you improve about our product ?
Pricing Skills
Do you think our product is appropriately Priced?
Product Marketing Skills
What inputs do you use to build your roadmap?
How often do you launch new releases?
Analytical Skills
Knowledge of R/ Python/SQL?
Usage of other Business Metrics?
Skills to map User Needs?
PM EXPERIENCE & SKILLS RATING
Methodology & Process
How would you manage a feature from conception to
launch?
Tell us about a successful product that you have
managed?
Market & Evidence Based
What aspects of Product Management do you find
most exciting ?
Driven by Self Opinion
Share a lesson learnt from your last product launch?
Senior Level Ability
How frequently do you meet with cross functional
Teams?
Organisation Skills
How do you motivate other people?
RATING PARAMETRES
Preparing a Questionnaire Model based on the 4 Parameters and sub parameters and rating them
based on weights that can be assigned to ach Parameter based on its importance to the Job Role
and accordingly rating, as per their knowledge, potential and experiences
BELOW 50
LEARN
EXECUTE
EXCEL
Competencies are
<50 %
When
Competencies are
between 50%-65%
When
Competencies are
between 66%-80%
Competencies are
between 81%-89%
PROPOGATE
Competencies btwn
90% above
PROFICIENCY
LEVEL
MEASURES DISCRIPTION
• Competency has been minimally demonstrated
• May have had limited opportunity to apply
Competency
• Basic understanding and job knowledge to handle task
• Requires guidance to be a performing asset
• Consistently demonstrated success in the competency
• Detailed knowledge , understanding and application
of competency
• Has Long term perspective
• Total Mastery- Can apply knowledge outside one’s scope
• Specialist in the job roles
• Recognized as Expert in the area
• Creates a new approach- Strategic Focus
03
02
01
TASK PREFERENCES –COMPATIBLITY MATCH
Think back over the last 2 years or so, and tell us about a Project that you feel more
comfortable with, project you Enjoyed – where you really came out alive (Probe)
Project you did not enjoy, do not want to repeat (Probe)
Entrepreneurial Orientation
Emotional Mastery & Discipline
Product Service Knowledge – Acclimatise to our Product and services
ORGANISATIONAL COMPETENCIES
Business Innovation
Adaptability
Team Work
POST INTERVIEW
04
FUNCTION SPECIFIC COMPETENCY
BEI METHODOLGY
Candidate Assessment Summary – Rating for Strengths and Weaknesses

More Related Content

What's hot

Product Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleProduct Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_Sample
Paresh Baghel
 

What's hot (20)

Product Roadmaps - Tips on how to create and manage roadmaps
Product Roadmaps - Tips on how to create and manage roadmapsProduct Roadmaps - Tips on how to create and manage roadmaps
Product Roadmaps - Tips on how to create and manage roadmaps
 
Full-Stack PM - From Idea to Operations by Uber Sr PM.pdf
Full-Stack PM - From Idea to Operations by Uber Sr PM.pdfFull-Stack PM - From Idea to Operations by Uber Sr PM.pdf
Full-Stack PM - From Idea to Operations by Uber Sr PM.pdf
 
Brand Strategy
Brand StrategyBrand Strategy
Brand Strategy
 
Product-Led Growth by Amazon Senior Product Manager
Product-Led Growth by Amazon Senior Product ManagerProduct-Led Growth by Amazon Senior Product Manager
Product-Led Growth by Amazon Senior Product Manager
 
What's Growth PM and How's it Different to PM Types by Dropbox PM
What's Growth PM and How's it Different to PM Types by Dropbox PMWhat's Growth PM and How's it Different to PM Types by Dropbox PM
What's Growth PM and How's it Different to PM Types by Dropbox PM
 
What Is Data-Driven Product Development by Aaptiv Senior PM
What Is Data-Driven Product Development by Aaptiv Senior PMWhat Is Data-Driven Product Development by Aaptiv Senior PM
What Is Data-Driven Product Development by Aaptiv Senior PM
 
Co branding
Co brandingCo branding
Co branding
 
Product manager's handbook
Product manager's handbookProduct manager's handbook
Product manager's handbook
 
LinkedIn training presentation
LinkedIn training presentationLinkedIn training presentation
LinkedIn training presentation
 
Agile Product Roadmaps
Agile Product RoadmapsAgile Product Roadmaps
Agile Product Roadmaps
 
Product Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleProduct Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_Sample
 
Integrated Marketing Communications
Integrated Marketing CommunicationsIntegrated Marketing Communications
Integrated Marketing Communications
 
Messaging That Matters: The Art of Shifting to Audience-Based Marketing
Messaging That Matters: The Art of Shifting to Audience-Based MarketingMessaging That Matters: The Art of Shifting to Audience-Based Marketing
Messaging That Matters: The Art of Shifting to Audience-Based Marketing
 
Building an Agile Culture with OKR
Building an Agile Culture with OKRBuilding an Agile Culture with OKR
Building an Agile Culture with OKR
 
Social Media Marketing Proposal for Businesses
Social Media Marketing Proposal for BusinessesSocial Media Marketing Proposal for Businesses
Social Media Marketing Proposal for Businesses
 
First 90 days of a B2B Digital Marketing Strategy
First 90 days of a B2B Digital Marketing StrategyFirst 90 days of a B2B Digital Marketing Strategy
First 90 days of a B2B Digital Marketing Strategy
 
Benefits of social media marketing
Benefits of social media marketingBenefits of social media marketing
Benefits of social media marketing
 
B2B Strategy Making and Planning
B2B Strategy Making and PlanningB2B Strategy Making and Planning
B2B Strategy Making and Planning
 
Product marketing org structure + interlocks
Product marketing org structure + interlocksProduct marketing org structure + interlocks
Product marketing org structure + interlocks
 
Digital Marketing Trends and Must Have for 2023
Digital Marketing Trends and Must Have for 2023 Digital Marketing Trends and Must Have for 2023
Digital Marketing Trends and Must Have for 2023
 

Similar to Product manager competencies

The HR Audit – GVFSHRM4.19.16
The HR Audit – GVFSHRM4.19.16The HR Audit – GVFSHRM4.19.16
The HR Audit – GVFSHRM4.19.16
Stephanie Kindt
 

Similar to Product manager competencies (20)

Core_Competency_Analysis_Complete.pptx
Core_Competency_Analysis_Complete.pptxCore_Competency_Analysis_Complete.pptx
Core_Competency_Analysis_Complete.pptx
 
Product Management Career Path in India - MBA Certifications what helps?
Product Management Career Path in India - MBA Certifications what helps?Product Management Career Path in India - MBA Certifications what helps?
Product Management Career Path in India - MBA Certifications what helps?
 
Core innovation reference framework
Core innovation reference frameworkCore innovation reference framework
Core innovation reference framework
 
Core innovation reference framework
Core innovation reference frameworkCore innovation reference framework
Core innovation reference framework
 
Dunphy Associates Compelling Value Prepostions Workshop
Dunphy Associates Compelling Value Prepostions WorkshopDunphy Associates Compelling Value Prepostions Workshop
Dunphy Associates Compelling Value Prepostions Workshop
 
Getting Promoted and Understanding The Next Job Up
Getting Promoted and Understanding The Next Job UpGetting Promoted and Understanding The Next Job Up
Getting Promoted and Understanding The Next Job Up
 
SVProdCamp - P Roles & Getting Promoted
SVProdCamp - P Roles & Getting PromotedSVProdCamp - P Roles & Getting Promoted
SVProdCamp - P Roles & Getting Promoted
 
Product Marketing in Global SaaS
Product Marketing in Global SaaSProduct Marketing in Global SaaS
Product Marketing in Global SaaS
 
Performance Improvement Roadmap V4
Performance Improvement Roadmap V4Performance Improvement Roadmap V4
Performance Improvement Roadmap V4
 
Shawn Loudenback Overview Sales Strategic Development.1
Shawn Loudenback Overview Sales Strategic Development.1Shawn Loudenback Overview Sales Strategic Development.1
Shawn Loudenback Overview Sales Strategic Development.1
 
7 roadmap templates for creating organization-wide alignment & communication
7 roadmap templates for creating organization-wide alignment & communication7 roadmap templates for creating organization-wide alignment & communication
7 roadmap templates for creating organization-wide alignment & communication
 
How to Increase Your Product Sense by ServiceNow Senior PM
How to Increase Your Product Sense by ServiceNow Senior PMHow to Increase Your Product Sense by ServiceNow Senior PM
How to Increase Your Product Sense by ServiceNow Senior PM
 
The HR Audit – GVFSHRM4.19.16
The HR Audit – GVFSHRM4.19.16The HR Audit – GVFSHRM4.19.16
The HR Audit – GVFSHRM4.19.16
 
Best Practices Session - Laura Roach, Xactly CompCloud
Best Practices Session - Laura Roach, Xactly CompCloudBest Practices Session - Laura Roach, Xactly CompCloud
Best Practices Session - Laura Roach, Xactly CompCloud
 
M/FAANG PM Interview Guide
M/FAANG PM Interview GuideM/FAANG PM Interview Guide
M/FAANG PM Interview Guide
 
Mm Webinar 7th October 2010
Mm Webinar   7th October 2010Mm Webinar   7th October 2010
Mm Webinar 7th October 2010
 
Bid & Proposal Management Training@ Dubai, Doha, S. Africa, Jakarta & Singapore
Bid & Proposal Management Training@ Dubai, Doha, S. Africa, Jakarta & SingaporeBid & Proposal Management Training@ Dubai, Doha, S. Africa, Jakarta & Singapore
Bid & Proposal Management Training@ Dubai, Doha, S. Africa, Jakarta & Singapore
 
Speed Wins: Launching new products and services. pptx
Speed Wins: Launching new products and services. pptxSpeed Wins: Launching new products and services. pptx
Speed Wins: Launching new products and services. pptx
 
Marketing Plan Presentation Template 2018
Marketing Plan Presentation Template 2018Marketing Plan Presentation Template 2018
Marketing Plan Presentation Template 2018
 
Strategic Consulting Tools For Product Managers
Strategic Consulting Tools For Product ManagersStrategic Consulting Tools For Product Managers
Strategic Consulting Tools For Product Managers
 

More from Shalin Menezes (12)

The journey of section 377
The journey of section 377The journey of section 377
The journey of section 377
 
Workshop To Conduct Interview
Workshop To Conduct Interview Workshop To Conduct Interview
Workshop To Conduct Interview
 
Hr analytics
Hr analyticsHr analytics
Hr analytics
 
Gm evolution
Gm   evolutionGm   evolution
Gm evolution
 
Recruitment case
Recruitment caseRecruitment case
Recruitment case
 
Dual power of 2 in 1
Dual   power of 2 in 1Dual   power of 2 in 1
Dual power of 2 in 1
 
Women entreprenuers
Women entreprenuersWomen entreprenuers
Women entreprenuers
 
Puma
PumaPuma
Puma
 
Manufacturing sector
Manufacturing sectorManufacturing sector
Manufacturing sector
 
Positive attitude
Positive attitudePositive attitude
Positive attitude
 
Absolute fashion
Absolute fashionAbsolute fashion
Absolute fashion
 
SBI - Transformation of State Owned Giant
SBI - Transformation of State Owned GiantSBI - Transformation of State Owned Giant
SBI - Transformation of State Owned Giant
 

Recently uploaded

The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 

Recently uploaded (20)

The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book nowPARK STREET 💋 Call Girl 9827461493 Call Girls in  Escort service book now
PARK STREET 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
 
Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...
Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...
Only Cash On Delivery Call Girls In Sikandarpur Gurgaon ❤️8448577510 ⊹Escorts...
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDINGPuri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
Puri CALL GIRL ❤️8084732287❤️ CALL GIRLS IN ESCORT SERVICE WE ARW PROVIDING
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur DubaiUAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 

Product manager competencies

  • 4. FUNCTIONAL COMPETENCIES ORGANISATIONAL COMPETENCIES Competencies and profiles selected accordingly to attain objectives SKILL AREAS FOUNDATIONAL COMPETENCIES
  • 6. 6 INDUSTRY SPECIFIC MANAGEMENT PRODUCT DEVELOPMENT MARKET RESEARCH BUSINESS STRATEGY AGILE METHODOLOGIES MARKETING STRATEGIC PLANNING BUSINESS DEVELOPMENT PRODUCT MANAGEMENT TEAM MANAGEMENT
  • 7. PM ESSENTIALS (T SHAPE) TIME MANAGEMENT CONTINOUS LEARNING PLANNINGFOCUS/ DISCIPLINE FACILITATION BUSINESS DEVELOPMENT CONVERSION RATE OPTIMISATION CUSTOMER RELATIONSHIP MANAGEMENT CORPORATE CULTURE STAKEHOLDER MANAGEMENT HRM GROWTH PROCESS MVP DESIGN BUSINESS THEORY LEAN DELIVERY BUSINESS LIFECYCLE PRODUCT/ MARKETFIT PRODUCT METRICS UI/UX DESIGN USER RESEARCH STRATEGICVISION BUSINESSSTRATEGY PRODUCT OWNERSHIP PRODUCT MARKETING RESEARCH HYPOTHESIS TESTING BACKLOGPRIORITISATION (ICESCORE) FUNNEL MARKETING A/BTESTING TEAM LEADERSHIP Width of Knowledge DepthofKnowledge VS
  • 8. What do I want to achieve with this product? What will your product look like when you will be sitting there in 20 years? Reason to Live- For your Product ? S T R AT E G I C V I S I O N : 8 CORPORATE COMPETENCIES Path of action to transform Vision into Reality Create Value and monetize B U S I N E S S S T R AT E G Y: The process of finding big markets with enough consumer demand and tracking down unmet demands on that market. P R O D U C T M A R K E T F I T: Efficiently lead a product through every stage of it’s life are necessary B U S I N E S S L I F E C YC L E : Testing “the realistic assumptions” against practice is what will prove whether they can bring benefit to anyone (Internal, 3rd Party) H Y P OT H E S I S T E S T I N G : Two principles — remove things that add no value and try to ship and improve in short cycles. L E A N / C O N T I N O U S D E L I V E R Y :
  • 9. Vital Tool for generating insights – (SaaS) A N A LY S I S & P R O D U C T M E T R I C S : 9 CORPORATE COMPETENCIES PM has to do research and study, because value creation is impossible without having full information on the environment. R E S E A R C H : Creating products is creating Value Need Testing - Analyze WEB Traffic Data U S E R R E S E A R C H (C U S TO M E R D E V E LO P M E N T ) : Should be able to make use of methodologies (SCRUM and others) and technologies of managing product work what’s the most important thing to do at the moment? P R O D U C T O W N E R S H I P : Designing experiences and interfaces that allow for seamless interaction with the product is an art U I / U X D E S I G N : Designing experiences and interfaces that allow for seamless interaction with the product is an art P R O D U C T M A R K E T I N G : A/B testing in product allows to test product hypotheses and compare the impact of different product features. The same methods when used with funnels allows (like in marketing) to test different parts of a funnel. Both of these use scenarios help bringing the product closer to perfection. A / B T E S T I N G :
  • 10. KNOWLEDGE PRODUCT MANAGEMENT EXPERIENCE & SKILLS OTHER KEY SKILLS 4 MAJOR LENSES TO MAP 10 EVALUATING SKILL SETS- 4 PARAMETERS COMMERCIAL ACUMEN Very strong knowledge of Product capabilities and underlying technology Product Portfolios Focuses on Business case development, Pricing and numerical Analysis Depth of Experiences and appropriate styles of Product Management as a function General skills used across generic business (Ecommerce in our Case) and professional interactions are differentiators between good and great PM
  • 11. KNOWLEDGE RATING Target Market What is our TG? How do we tap them? Suggest new methods to target them. Market Needs What are the prevailing trends as per your User Research and Testing? How would you redesign our product? Product Knowledge What do you like, dislike in our product? How do you think we came up with the Price for ______ product? How would you describe our product to someone? Technical Knowledge What metrics do you think are essential ? How would you prioritize features ? What is the key to good User Interface? Competitive Knowledge What do you think our competitor did better? What do you think are essential implementations for our product, to remain Competitive? Preparing a Questionnaire Model based on the 4 Parameters and sub parameters and rating them based on weights that can be assigned to ach Parameter based on its importance to the Job Role and accordingly rating, as per their knowledge, potential and experiences OTHER KEY SKILLS RATING Collaborative Working What kind of people do you have hard time working with ? Is consensus always a good thing ? Negotiation Tell us about the time when your Negotiation skills played an essential role ? Prioritisation Communication What’s the best way to work with executives? Tellme about a Time when you had to build and motivate team? Leadership What’s the best way to work with executives? What would you do to get a team to stick to a schedule? What’s the difference between Leadership and Management ? RATING PARAMETRES
  • 12. 12 COMMERCIAL ACUMEN RATING Manage Product & Business How do you manage a new product launch? What tactics strategies and processes do you use ? Building Business Cases How do you know when a product is designed well? What would you improve about our product ? Pricing Skills Do you think our product is appropriately Priced? Product Marketing Skills What inputs do you use to build your roadmap? How often do you launch new releases? Analytical Skills Knowledge of R/ Python/SQL? Usage of other Business Metrics? Skills to map User Needs? PM EXPERIENCE & SKILLS RATING Methodology & Process How would you manage a feature from conception to launch? Tell us about a successful product that you have managed? Market & Evidence Based What aspects of Product Management do you find most exciting ? Driven by Self Opinion Share a lesson learnt from your last product launch? Senior Level Ability How frequently do you meet with cross functional Teams? Organisation Skills How do you motivate other people? RATING PARAMETRES Preparing a Questionnaire Model based on the 4 Parameters and sub parameters and rating them based on weights that can be assigned to ach Parameter based on its importance to the Job Role and accordingly rating, as per their knowledge, potential and experiences
  • 13. BELOW 50 LEARN EXECUTE EXCEL Competencies are <50 % When Competencies are between 50%-65% When Competencies are between 66%-80% Competencies are between 81%-89% PROPOGATE Competencies btwn 90% above PROFICIENCY LEVEL MEASURES DISCRIPTION • Competency has been minimally demonstrated • May have had limited opportunity to apply Competency • Basic understanding and job knowledge to handle task • Requires guidance to be a performing asset • Consistently demonstrated success in the competency • Detailed knowledge , understanding and application of competency • Has Long term perspective • Total Mastery- Can apply knowledge outside one’s scope • Specialist in the job roles • Recognized as Expert in the area • Creates a new approach- Strategic Focus
  • 14. 03 02 01 TASK PREFERENCES –COMPATIBLITY MATCH Think back over the last 2 years or so, and tell us about a Project that you feel more comfortable with, project you Enjoyed – where you really came out alive (Probe) Project you did not enjoy, do not want to repeat (Probe) Entrepreneurial Orientation Emotional Mastery & Discipline Product Service Knowledge – Acclimatise to our Product and services ORGANISATIONAL COMPETENCIES Business Innovation Adaptability Team Work POST INTERVIEW 04 FUNCTION SPECIFIC COMPETENCY BEI METHODOLGY Candidate Assessment Summary – Rating for Strengths and Weaknesses

Editor's Notes

  1. S
  2. Photo by @saulomohana on Unsplash
  3. Photo by @austindistel on Unsplash
  4. User Experience Development || Product Strategy || Conceptualize and Launch
  5. Photo by Marten Bjork on Unsplash