Lenny's Newsletter - What is product management
This is a peek at today’s subscriber-only post. Subscribe to get access to the full issue, plus every issue from the past two and a half years. 👋 Hey, Lenny here! Welcome to a 🔒 subscriber-only edition 🔒 of my weekly newsletter. Each week I tackle reader questions about product, growth, working with humans, and anything else that’s stressing you out about work. Send me your questions and in return I’ll humbly offer actionable real-talk advice.
I generally avoid meta questions like this, since they’re rarely actionable or useful. But because this is such a common PM interview question and because I’ve gotten this question from readers enough times and never found a definition that I like elsewhere, I’m going to tackle it this week. The job of a product managerI like this baseline definition:
There are three parts to this, each essential: 1. Deliver business impactFundamentally, you are responsible for delivering business impact. If your team drives positive impact—hitting important goals, reducing costs, shipping an important project, etc.—you’re doing your job. 2. Marshaling the resources of your teamYour job isn’t to do the building yourself but instead to increase the leverage of your cross-functional teammates—designers, engineers, data scientists, researchers—to deliver impact. To paraphrase Andy Grove, a product manager’s output = the output of their team. 3. Identify and solve the most impactful customer problemsBusiness impact comes from solving customer problems. Thus, it’s your job to lead your team to correctly identify, prioritize, and solve the most impactful customer problems. PMs are the ultimate business lever.
The three core jobs of a product managerAnother way to define the role of a PM is to break out the day-to-day jobs of a product manager:
All of that is a means to delivering impact. The attributes of successful product managersA different approach to understanding the PM job is to look at how PMs are evaluated. Earlier this year, I collected and analyzed dozens of career ladders from companies big and small, and out of this emerged 10 common attributes of successful product managers: Subscribe to Lenny's Newsletter to read the rest.Become a paying subscriber of Lenny's Newsletter to get access to this post and other subscriber-only content. A subscription gets you:
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