
If you’re not a product manager, you might wonder why the role is sometimes called the “product CEO” or even the “second CEO.” Don’t those terms also describe the head of engineering? What about the CTO?
Unlike the typical CTO or lead engineer, product managers touch every area of the business. They’re responsible for the product’s progress, of course, but they also coordinate with marketing, sales, procurement, and external teams. In doing so, they straddle the worlds of leadership, strategy, design, development, communication, and more.
Unfortunately, that holistic role makes product managers not just critical to the company, but also incredibly hard to hire. “It doesn’t matter how good sales is, it doesn’t matter how good engineering or customer service is — if you don’t have a product, you don’t have a company,” warns Dane Palarino, founder of Palarino Partners, which specializes in building world-class product management teams for private companies.
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