What does a Product Head do?
A Product head is someone who manages a group of product people. Product heads play a key part in developing the people on your team, creating an environment that helps them succeed, and improving the effectiveness of the product management function in the enterprise. Here’s a more in-depth breakdown of some of the important responsibilities:
- Developing and communicating a compelling product vision aligned with the company’s long-term goals.
- Formulating and executing strategies to achieve the product vision.
- Contributing to the business strategy and ensuring that the plan is realistic and shared with the product people of the team.
- managing all aspects of the product lifecycle, including conception, development, launch, and continuing upkeep.
- Defining and prioritizing features based on market trends, customer feedback, and business priorities.
- Cooperating and Collaborating with other teams, including marketing, sales, engineering and design to ensure seamless product development.
- Conducting market research to identify the threats and trends and use that data to make informed decisions about the product’s direction.
- Leading and inspiring a team of product managers, designers, and developers, and Providing mentorship, guidance, and support to ensure a high-performing and motivated team.
- Developing a clear and strategic roadmap, ensuring that the roadmap aligns with business priorities and customer needs.
- Managing budgets related to product development and ensuring optimal allocation of resources.
- Communicating product strategies, updates, and performance to stakeholders, including executives and investors.