Role Proficiency:
Develops and drives the Platform Vision that addresses cross-domain market needs with strong business viability in line with the Product/Platform Portfolio and guidance from Managers. As an active team contributor leads multiple product teams in delivering the desired platform outcomes from initial inception to implementation and support. A strong evangelist of Product & Platforms Division’s Vision and Philosophy.
Outcomes:
- Owns the Value and Viability Risks and Manages the Product and Platform Lifecycle under guidance from Principal Product Manager I & II
- Devises the product vision and approach; after sound product discovery utilizing modern product discovery practises
- Defines and drives efficient scalable and feasible product development approach in collaboration with Product Technology Data Science and Product Design for early feasibility risk and end-user validations
- Develops the core positioning messaging and value propositions for the product by identifying target market requirements through modern product management practices including Discovery Sprints Rapid Prototyping etc
- Defines the Product Value Roadmap for the different Phases and Stages
- Drafts user stories and ensures they are clearly understood by the cross functional product teams
- Drives the product GTM strategies in agreement with the Principal Product Manager I and II
- Implements the Pricing Strategy for sound product adoption and viability
- Models/displays strong product value and viability for investment approvals at critical go/no-go junctures
- Tracks/Drives Product Metrics and Success goals as under the guidance of Principal Product Manager I and II
- Adherence to modern product management practises and standards; provide periodic status updates
- Ensure career progression for APMs via focused mentoring and grooming
- Perform product demos to customers
- Sets the direction for sustained product innovation and high-end user satisfaction scores
- Manages the relationship with Idea Partners Panel of Experts; Co-creating enterprise-clients
Measures of Outcomes:
- Outcome accounting performancea. Product financial healthb. Product and Platform Assetsc. Valuation Multiples d. Number of Customer Activationse. Churn Ratiosf. TCV of Customer Revenueg. Projected Product Growth – Assets Revenues vs Achievement h. Cost Control
- Adherence to agreed product roll-out timelines
- Achievement of Product/Platform OKRs
- Product Team Performance
- Number of domain and product certifications
Outputs Expected:
Plan to develop great products and platforms:
- Develop the Product/Platform strategy with a compelling vision
- Devise development and roll out strategies
- Creates and manages a product value roadmap based on delivering value outcomes
- Facilitate Discovery Sprints with the Product Team
- Facilitate the collection and prioritization of roadmap inputs and manage a living roadmap for the different Product phases
- Write and groom impressive user stories by capturing and translating solutions for identified user problems into product features that deliver value and impress users
- Plan and execute early feasibility risk mitigations through product prototyping/POCs
- Conduct Product and Release Planning sessions with cross-functional product teams
- Set quality product/platform OKRs to meet same
Design to deliver great end -user experience:
- Facilitate sound user research across target market segments
- Design user-centric experiences throughout the user journey
- Define user experience (e.g. wire framing journey maps) partnering with product designers
Research the market to ensure an unfair advantage:
- Sound understanding of market trends partner ecosystems and competitive strategies
- Understanding users the marketplace the competition and future trends for the domain or type of system being developed through customer and market research competitive analysis and rapidly acquiring domain expertise
- Define and articulate unique product and business differentiation
Manage business to go to acquire additional markets:
- Implement the GTM strategies and achieve the metrics for product success
Manages Portfolio Viability:
- Implement product/platform pricing strategies for market adoption and strong business viability
Manage great people:
- Inspire Product teams communicate with diverse groups and influence change throughout the organization
- Set a vision of what s/he wishes to build and motivate the product team to deliver the vision
- Prioritize delegate influence persuade resolve
Use great technology:
- Deep understanding and usage of tech stacks
- Sound understanding of exponential technologies including AI/ML IoT Blockchain
- Agile proficiency for Rapid Product Discovery & Development
- Employ vast technology in product management by deep dive into technology trends and architectures
Employ great methods in product management :
- Understand different product management and development approaches
- Understand product usage models
Stakeholder Management :
- Exemplary people management skills
- Managing the relationship with Idea Partners Senior Management; Co-creating enterprise clients
Skill Examples:
- Product and Platform Value & Viability Management
- Ability to create business cases and business models including revenue modeling cost management SaaS models outcome-based models
- Ability to manage a great team and stakeholders with proven ability to influence cross-functional teams without formal authority
- Ability to develop the core positioning messaging and value propositions for the product
- Ability to perform product demos to customers/end users
- Aptitude to manage product pipeline effectively
- Ability to define user experience; to be incorporated into the User Design
- Capability in creating and grooming user stories
- Ability to perform Product/Platform GTM planning and implementation
- Ability to create market customer and competition research based on understanding of market trends partner ecosystems and competitive strategies
- Capacity for leveraging vast technology in product management by deep dive into technology trends and architectures
- Skill in motivating team to build and deliver great products
- Great Coach Agile Leader