Modern Product Management

Product Management has received a remarkable upgrade during the last decade. Business critical tasks were assigned to Product Managers in terms of the product leadership which comprises full operational and strategic responsibility across the whole life cycle and value chain of a product or a service. Thus, Product Management became a crucial factor for steady growth and sustainable competitiveness in the market.

Product Management today and in future is much more than just managing a product. Product leadership adds a new layer of complexity on the role of modern Product Managers. Positioned between specialist and generalist Product Management focuses on technical topics as well as on human interaction. The hard skills part of the competence profile covers Product Management tasks and methods as well as expert knowledge about products, markets, technologies and business management. The soft skills part demands negotiation skills, strong decision taking and a talent for team building, inspiring and coaching.

Product Managers have a fascinating job which is challenging in many respects and highly rewarding. Given excellent qualification and competent support Product Managers can make the difference.