

These are then sent to recommend the strategies that will help improve the product’s position in the market. He needs to do carry out competitive and pricing as well as profitability analysis. Periodic and market analysis is another job responsibility of the SPM.

In case there are any issues with the juniors, then the SPM is responsible for passing on the concerns to the HR department. He needs to offer insights to the human resource department on hiring the junior employees in the department. The SPM is responsible for the juniors’ appraisal and problem resolution. The SPM will also have to plan, delegate and direct the work of the employees. He needs to interview and train junior product managers.

You cannot enter the role only with a high school degree. There are many SPMs who also have a master’s degree. If you wish to enter into an SPM, you need first to have the necessary qualifications and education. The senior product manager will use his interactions and experience to develop new versions of any existent product and also come up with new product ideas. He functions to increase the profitability of products that already exist and develop new products in a business. How does SPM keep improving themselves?Ī senior product manager guides the activities that are charged with the contribution of the product line.He also needs to work with the sales team as an evangelist. He also works with the marketing team to understand what could be the best marketing strategy. He works with the engineering department to determine what the product release requirements are. He is also someone who can communicate through various levels in the business. The senior product manager is one who is comfortable in the field and understands the market requirements to come up with innovative business solutions. He should possess a drive and a vision and should be able to transform it into reality. The SPM thus has to be someone who has a knack for business and is also tech-savvy. This article covers all the details that you need to know about being a senior product manager. The senior product manager has many roles to perform in an organization. A product manager’s role is divided into a novice and a senior product manager role. They need to communicate with the other departments and also have strong persuasion power. A product manager plays a crucial role in promoting the success of a product.
