Product Management Archives - Shardul Mahida https://www.shardulmahida.com/category/product-management/ Technical Product Manager Tue, 06 Jun 2023 20:58:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.shardulmahida.com/wp-content/uploads/2023/01/cropped-SMLogo-32x32.png Product Management Archives - Shardul Mahida https://www.shardulmahida.com/category/product-management/ 32 32 Managing priorities with multiple or single teams as a Product Manager. https://www.shardulmahida.com/2023/02/01/road-map-for-a-pm-with-multiple-products-2/ Wed, 01 Feb 2023 18:47:00 +0000 https://www.shardulmahida.com/?p=335 The post Managing priorities with multiple or single teams as a Product Manager. appeared first on Shardul Mahida.

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Managing priorities with multiple or single team as a Product Manager.

By: Shardul Mahida

Managing priorities with multiple teams and products is a common challenge for product managers. With multiple teams working on different products, it can be difficult to ensure that everyone is working on the right things at the right time. However, by implementing a few key strategies, product managers can effectively manage priorities and ensure that their teams are working on the most important initiatives.

  1. Align with company strategy: The first step in managing priorities is to ensure that everyone is aligned with the company’s overall strategy. By having a clear understanding of the company’s objectives and how each team’s work fits into the bigger picture, product managers can ensure that their teams are working on the most important initiatives.
  2. Prioritize initiatives: Once the company’s strategy is clear, product managers should prioritize the initiatives that need to be worked on. By identifying the most important initiatives, product managers can ensure that their teams are working on the most critical tasks.
  3. Communicate priorities: Once the priorities have been set, product managers need to communicate them to their teams. This will ensure that everyone is aware of the most important initiatives and can work together to achieve them.
  4. Use metrics: To ensure that teams are working on the most important initiatives, product managers should use metrics to measure progress. By tracking metrics such as customer satisfaction or revenue, product managers can ensure that teams are working on the initiatives that will have the most impact.
  5. Facilitate cross-team collaboration: Product managers should also facilitate cross-team collaboration. By encouraging teams to work together and share information, product managers can ensure that everyone is working towards the same goals.
  6. Be flexible: Finally, product managers should be flexible in their approach to managing priorities. While it’s important to have a plan, they should also be prepared to adapt and adjust their priorities as needed. This will ensure that teams are always working on the most important initiatives.

Managing priorities with multiple teams and products is a challenging task, but by following these strategies, product managers can effectively align their teams’ work with the company’s overall strategy, prioritize initiatives, communicate priorities, use metrics, facilitate cross-team collaboration and be flexible. This will help ensure that teams are always working on the most important initiatives, and that the products are moving in the right direction.

As a product manager, prioritizing maintenance and modernizing the application is an important task to keep the application running smoothly and to ensure that it remains competitive in the market. Here are some techniques that can help with prioritizing maintenance and modernizing the application:

  1. Understand the customer’s needs: One of the most important steps in prioritizing maintenance and modernizing the application is to understand the customer’s needs. This can be done by gathering feedback from customers, conducting user research, and analyzing usage data. By understanding the customer’s needs, product managers can prioritize maintenance and modernization efforts that will have the most impact on customer satisfaction.
  2. Assess technical debt: Technical debt is the cost of maintaining and modernizing the application over time. As a product manager, it’s important to assess the technical debt of the application and prioritize efforts that will reduce it. This can include refactoring code, modernizing technology, and improving scalability.
  3. Analyze the competition: Product managers should analyze the competition to understand the features and capabilities that are important in the market. By doing this, product managers can prioritize maintenance and modernization efforts that will help the application to remain competitive.
  4. Balance short-term and long-term goals: While prioritizing maintenance and modernizing the application, it’s important to balance short-term and long-term goals. Product managers should focus on maintaining and modernizing the application in ways that will have the most impact in the short-term, while also considering the long-term goals of the product.
  5. Review and update regularly: Regularly reviewing and updating the maintenance and modernization plan is important to ensure that it remains up-to-date and aligned with the current

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Shardul Mahida

Product Manager With A Software Engineering Background. Versatile product management professional with over 6 years of experience in product development, defining product vision, driving product strategy and delivering quality solutions. 

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Road Map for a PM with multiple products. https://www.shardulmahida.com/2023/01/28/road-map-for-a-pm-with-multiple-products/ Sat, 28 Jan 2023 19:14:22 +0000 https://www.shardulmahida.com/?p=242 The post Road Map for a PM with multiple products. appeared first on Shardul Mahida.

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Road Map for PM with multiple products.

By: Shardul Mahida

As a product manager of multiple products, you are responsible for creating and managing roadmaps for each of your products. Having multiple roadmaps to manage can be a challenge, but with the right approach, you can ensure that each product is moving in the right direction and that your team is able to focus on the most important initiatives.

Here are some tips for building a roadmap for multiple products:

  1. Define your vision and goals for each product: Start by clearly defining the vision and goals for each of your products. This should align with the overall company strategy and take into account the competitive landscape, customer needs, and technology trends for each product.
  2. Understand your target market for each product: Conduct market research to gain a deep understanding of the target market for each of your products, including their needs, pain points, and buying habits. This information will inform the development of your products and the positioning of your products in the market.
  3. Prioritize and sequence initiatives: Based on your vision, goals, and understanding of the market, prioritize and sequence the initiatives that will be included in each product’s roadmap. Consider the dependencies and inter-relationships between initiatives, as well as the resources and time required to deliver them.
  4. Communicate with stakeholders: Share your product roadmaps with key stakeholders such as investors, customers, and executives. Communicate the vision, goals, and initiatives for each product and explain the rationale behind your decisions.
  5. Be flexible and adaptable: Remember that product roadmaps are living documents that will change over time. Be prepared to adapt and adjust your plans in response to new information, changing market conditions, and feedback from stakeholders.
  6. Review and update regularly: Review your product roadmaps regularly and update them as needed. This will help ensure that each product remains aligned with the overall company strategy and that your team stays focused on the most important initiatives for each product.
  7. Create a master roadmap: Create a master roadmap that includes all of your products. This will help you to identify dependencies and inter-relationships between the different products, and make sure that your team is able to focus on the most important initiatives across all products.

Managing multiple product roadmaps can be a challenging task, but by following these tips, you can create a clear vision, strategy and action plan for each product that aligns with the overall company strategy. This will help you to ensure that your team is working on the most important initiatives, and that each product is moving in the right direction.

GET IN TOUCH

Shardul Mahida

Product Manager With A Software Engineering Background. Versatile product management professional with over 6 years of experience in product development, defining product vision, driving product strategy and delivering quality solutions. 

Get to know me:

Portfolio

SM Photography

Social Media

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Connect with me:

Contact Me

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Copyright © 2024

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Building a Road Map as a Product Manager. https://www.shardulmahida.com/2023/01/28/building-a-road-map-as-a-product-manager/ Sat, 28 Jan 2023 19:07:28 +0000 https://www.shardulmahida.com/?p=235 The post Building a Road Map as a Product Manager. appeared first on Shardul Mahida.

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Building a Road Map as a Product Manager.

By: Shardul Mahida

As a product manager, one of your key responsibilities is to develop a product roadmap that outlines the direction and priorities for your product line. A well-crafted product roadmap is a critical tool for aligning your team and stakeholders around a common vision and strategy, and for communicating your plans to key stakeholders such as investors, customers, and executives.

Here are some tips for building a effective product roadmap:

  1. Define your vision and goals: Start by clearly defining your vision for the product and the goals you want to achieve. This should align with the overall company strategy and take into account the competitive landscape, customer needs, and technology trends.
  2. Understand your target market: Conduct market research to gain a deep understanding of your target market, including their needs, pain points, and buying habits. This information will inform the development of your product and the positioning of your product in the market.
  3. Prioritize and sequence initiatives: Based on your vision, goals, and understanding of the market, prioritize and sequence the initiatives that will be included in your roadmap. Consider the dependencies and inter-relationships between initiatives, as well as the resources and time required to deliver them.
  4. Communicate with stakeholders: Share your product roadmap with key stakeholders such as investors, customers, and executives. Communicate the vision, goals, and initiatives, and explain the rationale behind your decisions.
  5. Be flexible and adaptable: Remember that a product roadmap is a living document that will change over time. Be prepared to adapt and adjust your plans in response to new information, changing market conditions, and feedback from stakeholders.
  6. Review and update regularly: Review your product roadmap regularly and update it as needed. This will help ensure that it remains aligned with the overall company strategy and that your team stays focused on the most important initiatives.

Building a product roadmap is not an easy task, but it’s a fundamental step to create a shared vision and a strategy that will guide your team to achieve success. By following these tips, you can build a roadmap that will set your product up for success.

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Shardul Mahida

Product Manager With A Software Engineering Background. Versatile product management professional with over 6 years of experience in product development, defining product vision, driving product strategy and delivering quality solutions. 

Get to know me:

Portfolio

SM Photography

Social Media

GitHub 

Connect with me:

Contact Me

LinkedIn

Copyright © 2024

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Who is a Product Manager? https://www.shardulmahida.com/2023/01/28/who-is-a-product-manager/ Sat, 28 Jan 2023 18:51:43 +0000 https://www.shardulmahida.com/?p=224 The post Who is a Product Manager? appeared first on Shardul Mahida.

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Who is a Product Manager?

By: Shardul Mahida

A Product Manager (PM) at Intel is responsible for the strategic and tactical management of a product or product line. This includes market research, product definition, pricing, forecasting, and go-to-market strategy.

The PM is the “voice of the customer” and must have a deep understanding of customer needs and market trends. They work closely with engineering, marketing, and sales teams to ensure that the product meets the needs of the target market and can be sold at a profit.

One of the key responsibilities of a PM at Intel is to develop a product roadmap that outlines the direction and priorities for the product line. This roadmap should align with the overall company strategy and take into account the competitive landscape, customer needs, and technology trends.

The PM also plays a critical role in the product development process. They work with the engineering team to define the product requirements and ensure that the final product meets the needs of the target market. They also work with the marketing team to develop a go-to-market strategy and create marketing materials to promote the product.

In addition to these responsibilities, the PM at Intel must also manage the product life cycle. This includes monitoring product performance, making adjustments as necessary to improve performance, and eventually phasing out the product when it reaches the end of its life.

Overall, the Product Manager at Intel is a key position that plays a critical role in the success of the company. A good PM has strong leadership and communication skills, a deep understanding of the market and customers, and the ability to work effectively in a cross-functional team.

GET IN TOUCH

Shardul Mahida

Product Manager With A Software Engineering Background. Versatile product management professional with over 6 years of experience in product development, defining product vision, driving product strategy and delivering quality solutions. 

Get to know me:

Portfolio

SM Photography

Social Media

GitHub 

Connect with me:

Contact Me

LinkedIn

Copyright © 2024

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