Strategic Planning
At the core of PLM's responsibilities is strategic planning. This involves setting a vision for the product and creating a roadmap that outlines the steps required to achieve that vision. Strategic planning includes:
Product Lifecycle Management
The PLM is responsible for managing the entire lifecycle of products, from inception to obsolescence.
Customer Engagement
A product manager must effectively engage with customers and key stakeholders to ensure products meet expectations. This involves:
Product Development
Product managers oversee the entire product development process, from conception to launch. This also includes the development of service products such as installation, in-situ servicing, customer support agreements, customization, training, enhanced warranty, etc. The responsibilities include:
Product Specification: Determine the features and functionalities that will be included in the product based on customer needs and business goals. These will be documented in Marketing Requirements based on:
Voice of Customer: VOC research with effective engagement of internal and external customers.
Minimum Viable Product (MVP): assess a Minimum Viable Product (MVP) approach, particularly for software. Here the core solution and benefits are addressed, and the product contains the minimum features necessary to satisfy early adopters and gather feedback for future development.
Avoid Designing the Solution: the Marketing Specification must be written in terms of customer need, rather than narrow technical requirements.
Business Case Development: the PLM is responsible for creating the Business Case and for maintaining it throughout the product development project. This will accurately reflect the demand for the product with involvement of Sales and Service.
Prioritization: Prioritizing features and tasks throughout the development project to ensure the most critical aspects of the product are addressed.
Cross-Functional Team Coordination: Working closely with the PMO, Engineering, Regulatory / Quality, Operations, and other teams to ensure the product is developed efficiently and meets quality standards.
Product Launch and Marketing
The success of a product launch depends heavily on the product manager's ability to coordinate and execute a comprehensive go-to-market strategy. This includes:
Education and Experience
| Location | Florham Park, NJ |
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