https://cio-wiki.org//index.php?title=Product_Management&feed=atom&action=historyProduct Management - Revision history2024-03-28T15:37:45ZRevision history for this page on the wikiMediaWiki 1.35.1https://cio-wiki.org//index.php?title=Product_Management&diff=7610&oldid=prevUser: The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).2021-02-06T17:47:15Z<p>The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).</p>
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<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td>
<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 17:47, 6 February 2021</td>
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<tr><td class='diff-marker'>−</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>Product management is an organisational lifecycle function within a [[Organization|company]] dealing with the planning, forecasting, and production, or [[Marketing|marketing]] of a [[Product|product]] or products at all stages of the [[Product Life Cycle|product lifecycle]]. Similarly, [[Product Lifecycle Management|product lifecycle management (PLM)]] integrates people, data, processes and business systems. It provides product information for companies and their extended [[Supply Chain|supply]] chain enterprise. The role may consist of[[Product Development|product development]] and product marketing, which are different (yet complementary) efforts, with the objective of maximizing sales revenues, [[Market Share|market share]], and [[Profit Margin|profit margins]]. Product management also involves elimination decisions. Product elimination begins with the identification of elimination candidates, proceeds with the consideration of remedial actions, continues with a [[Business Impact Analysis (BIA)|projection of the impact on the business]] as a whole if a candidate product is eventually eliminated, and concludes with the implementation stage, where management determines the elimination strategy for an item. The product manager is often responsible for [[Market Analysis|analyzing market conditions]] and defining features or functions of a product and for overseeing the production of the product. The role of product management spans many activities from strategic to tactical and varies based on the [[Organizational Structure|organizational structure]] of the company. To maximize the impact and benefits to an organization, Product management must be an independent function separate on its own. Product management often serves an inter-disciplinary role, bridging gaps within the company between teams of different expertise, most notably between engineering-oriented teams and commercially oriented teams. For example, product managers often translate [[Business Objective|business objectives]] set for a product by Marketing or Sales into engineering requirements (sometimes called a Technical Specification). Conversely, they may work to explain the capabilities and limitations of the finished product back to Marketing and Sales (sometimes called a Commercial Specification). Product managers may also have one or more direct reports who manage operational tasks and/or a change manager who can oversee new initiatives. Manufacturing is separate from the research function, the product manager has the responsibility to bridge the gaps if any exist.<ref>What is Product Management? [https://en.wikipedia.org/wiki/Product_management Wikipedia]</ref></div></td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins class="diffchange diffchange-inline">[[</ins>Product<ins class="diffchange diffchange-inline">]] [[</ins>management<ins class="diffchange diffchange-inline">]] </ins>is an organisational lifecycle function within a [[Organization|company]] dealing with the planning, <ins class="diffchange diffchange-inline">[[</ins>forecasting<ins class="diffchange diffchange-inline">]]</ins>, and production, or [[Marketing|marketing]] of a [[Product|product]] or products at all stages of the [[Product Life Cycle|product lifecycle]]. Similarly, [[Product Lifecycle Management|product lifecycle management (PLM)]] integrates people, <ins class="diffchange diffchange-inline">[[</ins>data<ins class="diffchange diffchange-inline">]]</ins>, processes and <ins class="diffchange diffchange-inline">[[</ins>business<ins class="diffchange diffchange-inline">]] </ins>systems. It provides product information for companies and their extended [[Supply Chain|supply]] chain enterprise. The role may consist of[[Product Development|product development]] and product <ins class="diffchange diffchange-inline">[[</ins>marketing<ins class="diffchange diffchange-inline">]]</ins>, which are different (yet complementary) efforts, with the <ins class="diffchange diffchange-inline">[[</ins>objective<ins class="diffchange diffchange-inline">]] </ins>of maximizing sales revenues, [[Market Share|market share]], and [[Profit Margin|profit margins]]. Product management also involves elimination decisions. Product elimination begins with the identification of elimination candidates, proceeds with the consideration of remedial actions, continues with a [[Business Impact Analysis (BIA)|projection of the impact on the business]] as a whole if a candidate product is eventually eliminated, and concludes with the implementation stage, where management determines the elimination <ins class="diffchange diffchange-inline">[[</ins>strategy<ins class="diffchange diffchange-inline">]] </ins>for an item. The product <ins class="diffchange diffchange-inline">[[</ins>manager<ins class="diffchange diffchange-inline">]] </ins>is often responsible for [[Market Analysis|analyzing market conditions]] and defining features or functions of a product and for overseeing the production of the product. The role of product management spans many activities from strategic to tactical and varies based on the [[Organizational Structure|organizational structure]] of the company. To maximize the <ins class="diffchange diffchange-inline">[[</ins>impact<ins class="diffchange diffchange-inline">]] </ins>and benefits to an <ins class="diffchange diffchange-inline">[[</ins>organization<ins class="diffchange diffchange-inline">]]</ins>, Product management must be an independent function separate on its own. Product management often serves an inter-disciplinary role, bridging gaps within the company between teams of different expertise, most notably between engineering-oriented teams and commercially oriented teams. For example, product managers often translate [[Business Objective|business objectives]] set for a product by Marketing or Sales into engineering requirements (sometimes called a Technical Specification). Conversely, they may work to explain the capabilities and limitations of the finished product back to Marketing and Sales (sometimes called a Commercial Specification). Product managers may also have one or more direct reports who manage operational tasks and/or a change manager who can oversee new initiatives. <ins class="diffchange diffchange-inline">[[</ins>Manufacturing<ins class="diffchange diffchange-inline">]] </ins>is separate from the research function, the product manager has the responsibility to bridge the gaps if any exist.<ref>What is Product Management? [https://en.wikipedia.org/wiki/Product_management Wikipedia]</ref></div></td></tr>
</table>Userhttps://cio-wiki.org//index.php?title=Product_Management&diff=5105&oldid=prevUser: Created page with "Product management is an organisational lifecycle function within a company dealing with the planning, forecasting, and production, or marketing..."2019-10-17T16:41:44Z<p>Created page with "Product management is an organisational lifecycle function within a <a href="/wiki/Organization" title="Organization">company</a> dealing with the planning, forecasting, and production, or <a href="/wiki/Marketing" title="Marketing">marketing</a>..."</p>
<p><b>New page</b></p><div>Product management is an organisational lifecycle function within a [[Organization|company]] dealing with the planning, forecasting, and production, or [[Marketing|marketing]] of a [[Product|product]] or products at all stages of the [[Product Life Cycle|product lifecycle]]. Similarly, [[Product Lifecycle Management|product lifecycle management (PLM)]] integrates people, data, processes and business systems. It provides product information for companies and their extended [[Supply Chain|supply]] chain enterprise. The role may consist of[[Product Development|product development]] and product marketing, which are different (yet complementary) efforts, with the objective of maximizing sales revenues, [[Market Share|market share]], and [[Profit Margin|profit margins]]. Product management also involves elimination decisions. Product elimination begins with the identification of elimination candidates, proceeds with the consideration of remedial actions, continues with a [[Business Impact Analysis (BIA)|projection of the impact on the business]] as a whole if a candidate product is eventually eliminated, and concludes with the implementation stage, where management determines the elimination strategy for an item. The product manager is often responsible for [[Market Analysis|analyzing market conditions]] and defining features or functions of a product and for overseeing the production of the product. The role of product management spans many activities from strategic to tactical and varies based on the [[Organizational Structure|organizational structure]] of the company. To maximize the impact and benefits to an organization, Product management must be an independent function separate on its own. Product management often serves an inter-disciplinary role, bridging gaps within the company between teams of different expertise, most notably between engineering-oriented teams and commercially oriented teams. For example, product managers often translate [[Business Objective|business objectives]] set for a product by Marketing or Sales into engineering requirements (sometimes called a Technical Specification). Conversely, they may work to explain the capabilities and limitations of the finished product back to Marketing and Sales (sometimes called a Commercial Specification). Product managers may also have one or more direct reports who manage operational tasks and/or a change manager who can oversee new initiatives. Manufacturing is separate from the research function, the product manager has the responsibility to bridge the gaps if any exist.<ref>What is Product Management? [https://en.wikipedia.org/wiki/Product_management Wikipedia]</ref></div>User