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Demand for Product Managers is more than ever

Author: Miles Education
by Miles Education
Posted: Nov 16, 2021

Conversations around Product Management have taken the centre stage in the big tech companies globally. A surprising survey shows a 32% increase in demand for product managers beyond the needs of the tech industry. The rapid spike for product managers came as a result of the digitalization of stellar retail players, financial companies and instruments, and innovation of products by financial firms and business consultancies.

As product profitability forms the core of product operations of the company, product managers can take a dive into some approaches to be a more valuable, efficient, and driving product manager of the business age of tomorrow.

Product Manager Profile

If you are aiming to become a product manager, then you must spend some time with the company’s job description. Running through the description can provide you with a fair idea of whether you can be the right fit for the role. Listing out your achievements on the profile is a vantage but if it does not sink to the company’s expectations, Oops!! It may be disregarded. To stand out among your competitors and seed confidence among your recruiters, you need to map out only the transferable skills and other credentials that would benefit the company’s goals and values.

Product Management Evolves

Networks are a powerful product management tool but never put all your eggs in one basket! Stop thinking that a wide network connection can help you with career progression. Instead, optimize the vast digital product management space to build user-friendly applications to keep your customer and clients motivated. Roles in the product management system are evolving and dynamic, so staying up in a single role may not be a good idea for a valuable career journey. Not every product management role would be your forte, but a mixed strategy can allow you time to decide on your career interest and goals and the industry you wish to work in.

An Engaging Product Manager

While heading to an interview, product associates are reminded to keep their communication more engaging without putting off the interviewer with intriguing conversations. But if you have already decided on

\your workplace, then tailor your communication strategy that camouflages with the viewpoint of the manager. Develop storytelling capabilities to narrate your professional experiences. Express your reason more creatively as to why you want to be a product manager. This engagement can help you understand the company and the team better and become a stellar product manager to make edging product management plans and strategies.

Blanket Product Management View

Since product management is a dynamic space, product managers should watch out for new product management trends booming in the realm. More than ideators, product managers need hands-on execution. As product operations rely heavily on execution skills, they need to be digitally agile, time-bound, adaptable to shifting customer stories and experiences, R&D on different technological platforms to solve business data management, achieve higher productivity, and control costs.

About the Author

Miles Education is India's #1 CPA, CMA & CFA with presence across India, Middle East & US. Miles Education up-skills students & professionals to be future-ready with a career progression in Accounting & Finance.

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Author: Miles Education

Miles Education

Member since: Apr 11, 2020
Published articles: 139

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