March 22, 2024

The beauty of product management and why this specialty doesn't fit anyone

Product management lies in its multidisciplinary nature, technology, business, and user experience. It's a specialty where critical thinking and strategic planning are the crucial components, transforming challenges into opportunities for growth.
The beauty of product management and why this specialty doesn't fit anyone

You might ask, what is the beauty of a product management (PM) role?

I believe that it is a professional experience that a person gets during that work and skillset that they improve.

Product management, a field that lies at the crossroads of technology, business, and user experience, offers a unique opportunity to acquire knowledge from various domains and understand the broader picture from multiple perspectives.

This role facilitates the development of crucial skills such as critical thinking and strategic planning, enhancing one's ability to understand the rationale behind various actions (you will be shocked, but many actions you see, that seem stupid, but in real life are precisely calculated steps). It's like an on-the-job, 24/7 training program where you develop skills that people often invest in through books or online courses.

I like to think of it as' flexibility of thinking.' Just as muscles need consistent training to adapt and grow, the brain requires rigorous exercise to assimilate new information, establish connections across disparate domains, and create strategies to bring value.

And you are getting paid for this. Sounds like a cool idea.

This is precisely why this specialty is not for everyone. It requires a willingness to learn things that might seem irrelevant at the moment and constant movement away from one's comfort zone.

Consider this: one of the business cases we redefined product strategy included tripling a product's margins through a changed approach to strategic equipment acquisition and import. This challenge required a deep dive into application engineering, energy equipment, logistics, storage, taxation, B2B distribution market structures, pricing, incentive programs, getting feedback from clients, and even storytelling. That is a lot, but that precisely is the beauty of the profession.

In a competitive market, such projects are cornerstones of success. Companies lacking product managers capable of combining these diverse elements are at risk of lagging behind the market.

Product management is more than a job—it's a 24/7 school cultivating a broad spectrum of skills and insights.

P.S But some product managers work on "buttons optimization," and it is also a good job to do, not as easy as it might looks like 😂

P.P.S These kittens - product team.

You might ask, what is the beauty of a product management (PM) role?

I believe that it is a professional experience that a person gets during that work and skillset that they improve.

Product management, a field that lies at the crossroads of technology, business, and user experience, offers a unique opportunity to acquire knowledge from various domains and understand the broader picture from multiple perspectives.

This role facilitates the development of crucial skills such as critical thinking and strategic planning, enhancing one's ability to understand the rationale behind various actions (you will be shocked, but many actions you see, that seem stupid, but in real life are precisely calculated steps). It's like an on-the-job, 24/7 training program where you develop skills that people often invest in through books or online courses.

I like to think of it as' flexibility of thinking.' Just as muscles need consistent training to adapt and grow, the brain requires rigorous exercise to assimilate new information, establish connections across disparate domains, and create strategies to bring value.

And you are getting paid for this. Sounds like a cool idea.

This is precisely why this specialty is not for everyone. It requires a willingness to learn things that might seem irrelevant at the moment and constant movement away from one's comfort zone.

Consider this: one of the business cases we redefined product strategy included tripling a product's margins through a changed approach to strategic equipment acquisition and import. This challenge required a deep dive into application engineering, energy equipment, logistics, storage, taxation, B2B distribution market structures, pricing, incentive programs, getting feedback from clients, and even storytelling. That is a lot, but that precisely is the beauty of the profession.

In a competitive market, such projects are cornerstones of success. Companies lacking product managers capable of combining these diverse elements are at risk of lagging behind the market.

Product management is more than a job—it's a 24/7 school cultivating a broad spectrum of skills and insights.

P.S But some product managers work on "buttons optimization," and it is also a good job to do, not as easy as it might looks like 😂

P.P.S These kittens - product team.

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