"The 3 Stages of a Product Manager's Career: Combining Perspectives from Andrew Chen and Michelin Guide"
Hatched by Glasp
Jul 31, 2023
3 min read
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"The 3 Stages of a Product Manager's Career: Combining Perspectives from Andrew Chen and Michelin Guide"
As a product manager, your career can go through different stages, each with its own set of responsibilities and expectations. It's important to understand these stages and the skills required to progress. In this article, we will explore the three stages of a product manager's career and how they align with the insights provided by Andrew Chen and the Michelin Guide.
The first stage of a product manager's career is shipping products. This stage involves the day-to-day work of managing the product lifecycle, from discovery to delivery. It requires strong product sense, analytical skills, and execution capabilities. However, as you continue to grow in your career, simply getting better at these skills won't be enough to advance to the next stage.
According to Andrew Chen, the next stage in a product manager's career is about identifying new opportunities and putting together a plan to win them. This is the stage where you need to think strategically and take on additional responsibilities. It's not just about managing a single product anymore, but rather about finding ways to create value and drive growth for the entire organization.
Interestingly, the Michelin Guide provides a unique perspective on the importance of creating value for people. The guide's initial purpose was to give people a reason to drive and explore new restaurants. By packaging the destination as an experience, Michelin was able to tap into people's fundamental desires and create something truly valuable.
In the third stage of a product manager's career, the focus shifts towards building a great team. As a senior product manager or a VP, your responsibility is to hire and coach talented individuals, and set up processes that enable your organization to create winning strategies and ship successful products at scale.
This aligns with Andrew Chen's view of being a strategic advisor to the rest of the company. As you progress in your career, your role expands beyond just managing products. You become a trusted advisor, guiding the organization towards making strategic decisions and leveraging the opportunities presented by new technologies and platforms.
To succeed in advancing through these stages, it's important to be intentional. Here are three actionable pieces of advice:
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Continuously develop your skills: Don't become complacent with your current abilities. Invest in your professional growth by seeking out learning opportunities, attending conferences, and staying up to date with industry trends. This will ensure that you have the knowledge and expertise needed to excel in each stage of your career.
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Foster a growth mindset: Embrace challenges and view setbacks as opportunities for learning and improvement. A growth mindset will enable you to adapt to new responsibilities and navigate the evolving landscape of product management.
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Build strong relationships: Collaboration is key in product management. Develop strong relationships with cross-functional teams, stakeholders, and mentors. These connections can provide valuable insights, support, and opportunities for growth.
In conclusion, a product manager's career goes through different stages, each requiring a unique set of skills and responsibilities. By combining the insights from Andrew Chen and the Michelin Guide, we can see that success in product management comes from identifying new opportunities, creating value for people, and building strong teams. By following the actionable advice provided, you can navigate these stages and advance in your career, ultimately making an impact in the world of product management.
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