Archive for August, 2011

High Tech Product Management

Product Management–what does this beggarly in a Top Tech company? What is the function, and area does it belong? I’ve captivated abiding positions in a amount of top tech concerns, as with PJM Consulting I accept formed with abounding added in a consulting capacity.

Product Management is all over the map in Top Tech. A lot of generally it resides in the business department. Sometimes, it’s in the engineering/product development department. Occasionally you will see it as it’s own function. And again, what does the appellation beggarly in a Top Tech company? Sometimes it is acclimated interchangeably with the appellation “Product Marketing”. In this case, it agency albatross from cradle to grave of the artefact planning and business functions for a accurate artefact or artefact line. In added words, alive with the developers to ascertain the artefact (product planning), as able-bodied as active the added “3Ps” for the product–setting pricing, administration action and promotional strategy.

In beyond companies you will generally acquisition this action afar into two audible jobs: Artefact Management as the Artefact Planning portion, and Artefact Business as the action that manages the artefact already it is appear into the market–driving pricing, advance and distribution. In this case both functions may still abide in the business department, or the Artefact Planning allocation is sometimes in the engineering department.

The endure about-face on this affair that is sometimes apparent is that the Artefact Management resides in the engineering department, but it alone vaguely resembles the acceptable analogue of the term. In this case it is “Product Planning”, but the job and accomplishment set added carefully fit the analogue of an engineering activity manager, with absolute little weight put on exploring the bazaar to bout exchange needs with engineering capabilities.

In Top Tech, the Artefact Management action is a lot of about a “matrix” position: lots of albatross for a product’s success, with absolute little absolute ascendancy to ensure that success. Normally a Artefact Manager’s success will be absitively based aloft his/her adeptness to argue added stakeholders in the alignment that the aisle laid out is the best affair for the aggregation (and the alone stakeholders as well!) People abilities are accordingly as important as accepting a abstruse butt of the job in a Artefact Manager’s ultimate success.

In customer markets, the Artefact Administrator about holds abundant added absolute power–often abundant like a mini-GM for his artefact line. Generally artefact development will even plan for him. The appellation Brand Administrator is generally acclimated in customer businesses instead of Artefact Manager. (In a big Top Tech company, a Brand Administrator will accomplish added of a Marcom role).