Software Product Management

Software Product Management By Shahbaz Ahmed - February 25, 2022
Software Product Management

Software Product Management

Software Product Management is the practice responsible for planning and overseeing a product from its conception to its release.

It is definitely not an easy job as it requires attention to every detail from design, engineering, legal aspects and reaching a consensus with everyone involved in order to launch a successful product that will provide value to customers.

Successful product managers are known for their ability to balance business needs with engineering standards by keeping all stakeholders happy at the same time. They treat problems as opportunities, making them great communicators who can explain technology to non-technical co-workers while also giving ideas on how best engineers should implement technologies.

Software Product Management, just like any other discipline or profession, requires standardization of processes and tools that help ease communication between different team members through the usage of principles and practices. Here are some best practices that can help you become a better Product Manager:

1. Know Your Market's Problem, Practice "Customer Development" Before Launching Your Product

Make sure to learn about the problem your product is supposed to solve before actually building it. By practicing Customer Development , you will be learning about users' pains and how they currently address their problems through different tools or services. This knowledge will help you create a much more realistic solution than if you would just guess what people need without truly understanding their requirements first.

2 . Always Stay Focused on Tasks You Can Actually Finish

Remember that software development doesn't allow for changing user stories once they have been committed so make sure to only pick the stories that are best suited for your current sprint. For more tips on how to manage user stories, read this article by Rebecca Parsons.

3 . Iterate ASAP

Once you start implementing changes in your product make sure to give them some time before you change anything else. This way you will be able to see the effect of every new release and quickly revert back if needed. Also, try not to jump too much between different ideas for future releases as it may confuse engineers who might feel like they aren't working towards a real target anymore.

4 . Prioritize Your Features

Remember that there is no limit on how many features you can have so focus on the ones with most value first. By prioritizing user stories, engineers won't get stuck by working on features that might not be the highest priority after all.

5 . Communicate With Engineers Every Day

There is nothing more frustrating for engineers than when they feel like their product manager is out of touch with what they are doing so make sure to keep communication channels open at all times. This way you will quickly learn about problems with your current sprint and can do something about it before it's too late.

6 . Understand Your Product's Business Model

Software Product Managers should always understand how money is made through their products in order to prevent value loss downstream in the process. If you don't know where your revenue comes from or if you don't even have a revenue model, read this article by Jonathan Rosenberg explaining the core principles of building successful products.

7 . Find Out If Your Product is Truly Needed by the Market

Just because you think that your product should exist, doesn't mean that people will also use it at scale. By conducting your own user research or finding out how your competitors are doing, you will learn if there is actually a need for your product before releasing it to the public.

8 . Be Aware of Security Risks with Third Party Libraries

When using third party libraries be aware of possible security issues they might have as not all companies provide security updates for their products after several years.

People who are successful product managers have several key skills. The software world is different from other industries because it requires expertise in both business and technology. On top of that, you need to be able to manage both schedules and people. This can be challenging for many product professionals since companies often look for individuals with strong technical backgrounds, but also ask them to handle marketing or sales tasks as well. This results in a mismatch where few people are equipped with all the required skills to be effective at their job.

Software Product Management is a unique field in that it requires you to be well-versed in both business and technology. The best product managers are the ones who can effectively manage projects within constraints, analyze metrics, monitor user feedback, strategize long term roadmaps, etc. - all while possessing strong interpersonal skills to collaborate with team members in various parts of the organization. It's not easy to find these people outside of tech companies, which is why many software professionals end up rising through the ranks at their organization or transitioning into this role from another position (e.g., support or sales). That said, if you're interested in learning more about what it takes to get started down this path there are several good books available on the subject.

"Breaking Into Product Management: A Guide and Career Framework" by Mike Belsito (that's me!) is a good starting point as it provides the context software professionals need to understand how this role fits into their organization and what working in this field entails. It also includes real-world advice from 25 product managers who have been successful at breaking into the industry either through traditional or nontraditional routes. If you're looking for a guide on how to get started down this path, check out my book!

Pragmatic Marketing has a great resource that can help you decide if product management is right for you called "Is PM the Right Role For You?". This article looks at various aspects of being a PM and what you need to be successful. One of the key points made in this article is that companies will often look for individuals with strong technical backgrounds and hire them into product management roles (e.g., a former developer who has an interest in managing projects, or Marketing & Sales professionals looking to get more involved). If you're not sure whether this type of work is right for you, but want something different from your current position, it's worth spending some time researching products and thinking about what skills would help you manage products effectively.

You don't have to know everything about being a PM if you're just starting out in the industry since most new hires have never done this type of work before either! However, it is important that you take the time necessary to learn what you need to know. I suggest starting out by building an initial plan that outlines the key product documents every PM should be responsible for (e.g., market requirements, product specifications). Then, take the time to read these documents and become familiar with common terminology used in your industry. After that, it's helpful to spend some time learning about various aspects of managing products outside of work (e.g., book club discussions or meetups) so you can gain additional context on what makes this type of work challenging. Finally, don't be afraid to ask others questions if you're not sure how something works! This is a great way to build relationships with others who work in this area since they'll probably have some advice to share with you based on their own experiences.

It's important to note that there are several organizations (e.g., Association for Women in Computing (AWC), Society of Women Engineers (SWE)) which you might want to join if you're interested in transitioning into product management. Many of these groups offer workshops and networking opportunities where you can learn more about this role and meet others who work at companies like yours.

By Shahbaz Ahmed - February 25, 2022
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