Responsibilities of a Product Manager

Product Management mainly deals with the overall supervision of a product. The Product Management role ranges from setting vision, perception, and the product framework to building and launching the market’s product. Thus, a Product Manager is often regarded as the mini CEO of that product.

Product Management roles are very crucial for a company as the latter’s growth and progress depend on PM to a great extent. It is a thumb rule that an efficient PM can increase a company’s profit by nearly 35%. The PM has to deal with a minute to massive sort of decisions regarding the product. He decides the why, what, and when of the product. If developing a product is compared with a lever, PM is the fulcrum that joins and regulates all the components. 

Let's hear from our co-founder Ravijot Chugh to understand what does a product manager do.

You learnt the roles and responsibilities of a Product Manager from the video above.

Let's summarise them below.

• Understand the Market and the Users
• Build a Business Strategy
• Design the User Experience
• Build the Technical Product
• Ensure Product Delivery
• Build the Go-to-Market Strategy
• Drive and Sustain Product Growth
• Balance Strategic and Tactical Elements

In the next segment, you will learn the top skills for a Product Manager.