Generally speaking, product managers are in charge of supervising the production aspects of a given product or products. They are responsible for reaching product goals while following strict safety standards. In addition, they must have leadership skills to solve problems, guide their team and motivate their workers. They will also often train current and new production workers regarding rules and using certain technology and equipment. They also may manage expenses according to their area of responsibility and create performance reports on a regular basis. Product managers can also oversee product line budgets and make important financial decisions. They generally report their performance to the product director of their organization. They can also develop sales strategies, training materials and develop effective product plans in order to increase overall sales. They cooperate with other departments in their organization to achieve common company objectives.
Product Manager, (Unspecified Type) Tasks
Develop pricing strategies to maximize the firm's profits and market share.
Oversee product development and monitor trends that indicate the need for new products and services.
Determine the demand for products and services offered by a firm and its competitors.