Product Associate to Product manager

Aug 9, 2021 5 Comments

Hello all,

Currently in a client facing wealth management role with an interest in moving into a PM role in treasuries/ payments/Fintech. After some networking a product associate opportunity has come across my desk presented by the group's MD himself. I am in my 30's and would prefer not to take the long route into PM at this point. Any ideas on if this leads to a PM role time frame and compensation expectations? Thanks all!
#productmanager #product #pm

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  • IBM / Consultant
    banana-cup

    Go to company page IBM Consultant

    banana-cup
    It can do.
    Fast track to PM will involve taking on a lot of the PM workload; i.e. creating good user stories, working out priorities, even working on achievable roadmaps, etc.
    That way you’ll quickly learn all the necessary skills in a short amount of time.

    Most important skill as a PM is to work closely with your dev team to make sure the roadmap is achievable and user stories are well defined for the dev team to refine.

    Source: 8 years as PM & PO
    Aug 9, 2021 3
    • IBM / Consultant
      banana-cup

      Go to company page IBM Consultant

      banana-cup
      Sorry don’t have anything to recommend. I learnt everything on the job as PM/PO wasn’t really a thing when I started on that route.

      If you can speak to a good developer they can help you with creating good user stories and also with the roadmap.

      I found that having a good, open, and honest relationship with your devs, especially lead dev/tech lead is the most important thing. You’ll have your roadmap in about the right place when they tell you the roadmap is pushing what is achievable. If they say it’s not achievable trust them and push back on leadership/stakeholder trying to get you to squeeze in more.

      Also think in the following durations;
      - Short: what does this feature need to do today
      - Medium: what does this feature need to do in a few months/deliver increments
      - Long: what does this feature look like a year from now

      Implement security and resilience from inception, it’s always problematic trying to retrofit security and resilience later.

      Don’t be scared if you need to refactor/rebuild a piece of functionality - you might need to find better phrasing for stakeholders as they usually don’t understand what refactoring means answer assume it’s a bad thing.

      When planning your roadmap, build in contingency time, ideally a minimum of 1 sprint just in case things slip - As a PM any delay is your fault.

      Hope the above makes sense
      Aug 9, 2021
    • This is very helpful. I'm uncertain if the Product Associate step is a necessary one to take on the road to Product Manager. It seems like one can learn a lot by doing.
      Aug 9, 2021
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    Aug 9, 2021 0