Cool observation @FelipeRibeiro. Thanks for sharing your insight.
I like your POV @BrandonMilne. As of my list, surely I can add a few words to the given list. A good Product Manager possesses several key characteristics that enable them to effectively manage and develop successful products. However, a great Product Manager goes beyond the basics and demonstrates exceptional qualities that set them apart. Here are some characteristics that differentiate a good Product Manager from a great one:
Visionary Leadership: A great Product Manager possesses a clear and compelling vision for the product. They inspire and motivate their team by effectively communicating the product’s long-term goals and strategy, while also aligning them with the company’s overall vision.
Strategic Thinking: While a good Product Manager focuses on tactical execution, a great Product Manager thinks strategically. They have a deep understanding of market trends, user needs, and competitive landscapes. They can anticipate future opportunities and challenges and develop innovative strategies to stay ahead.
Customer-Centric Mindset: Both good and great Product Managers understand the importance of customer-centricity. However, a great Product Manager goes the extra mile to deeply empathize with customers, conducting extensive user research, and translating customer feedback into actionable insights to deliver exceptional user experiences.
Strong Communication Skills: Effective communication is crucial for a Product Manager, but great Product Managers excel in this area. They have exceptional listening skills, can clearly articulate their ideas, and collaborate seamlessly with cross-functional teams. They communicate product vision, goals, and progress effectively, ensuring everyone is aligned and informed.
Decision-Making Abilities: While good Product Managers make informed decisions, great Product Managers excel at making tough decisions in ambiguous situations. They possess a strong analytical mindset, can weigh trade-offs, and make data-driven decisions. They are comfortable taking calculated risks and adapting their strategies based on feedback and market dynamics.
Collaboration and Influence: Good Product Managers collaborate well with various stakeholders, but great Product Managers excel at building relationships and influencing others. They can effectively manage and inspire teams, gain buy-in from executives, and foster strong partnerships with engineering, design, marketing, and other departments.
Continuous Learning: Great Product Managers are lifelong learners who are constantly seeking to improve their skills and knowledge. They stay updated on industry trends, new technologies, and emerging best practices. They actively seek feedback, reflect on their experiences, and are open to adapting their approaches.
Results-Driven Focus: Good Product Managers deliver results, but great Product Managers are exceptionally focused on outcomes. They set ambitious goals, establish key performance indicators (KPIs), and track progress against these metrics. They continuously iterate on the product to improve performance and drive meaningful business impact.
Resilience and Adaptability: In the face of challenges and setbacks, great Product Managers demonstrate resilience. They can adapt quickly to changing circumstances, learn from failures, and pivot strategies when needed. They maintain a positive attitude, inspire their team, and persevere to achieve success.
Passion and Ownership: Both good and great Product Managers exhibit passion for their work, but great Product Managers take ownership to another level. They treat the product as if it were their own business and are deeply committed to its success. They take responsibility for outcomes, remain accountable, and drive the product forward with unwavering dedication.
While this list is not exhaustive, these characteristics provide an overview of what distinguishes a great Product Manager from a good one. Keep in mind that the qualities and skills required can vary depending on the industry, company culture, and specific product domain.