What do companies look for in a new Product Manager?

  1. Technical Knowledge and Expertise: Companies look for product managers who have a deep understanding of the technical aspects of their product. This includes knowledge of coding languages, software development, and design.
  2. Business Acumen: Companies want product managers who understand the business side of their product, such as market trends, customer needs, and developing strategies to increase profitability. They should also be able to develop pricing strategies, create go-to-market plans, and manage the product portfolio.
  3. Communication Skills: Product managers must be able to clearly communicate their vision for the product to the development team and stakeholders. They need to be able to explain product requirements, features, and objectives.
  4. Leadership Skills: Product managers must be able to lead their team to success by setting clear goals and providing direction. They should be able to make tough decisions and provide guidance when needed.
  5. Problem-Solving: Product managers need to have a knack for solving complex problems, and should be able to identify and address potential issues before they become major problems.
  6. Collaboration: Product managers must be able to collaborate with other departments and stakeholders to ensure the success of the product. They should be able to foster relationships and build consensus.