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Highlights from the 2008-2009 Product Management Survey

Every year, Pragmatic Marketing conducts a survey of product managers and marketers in technology companies.

In this webinar, join Steve Johnson, Pragmatic Marketing Instructor to review highlights from the 2008-2009 survey.

From more than 1,100 responses, this session will describe the scope of activities conducted by today's product managers and marketers. The review will include job titles, responsibilities, and compensation across geographies, gender, experience and technical ability.


Watch the Highlights from the 2008-2009 Product Management and Marketing Survey Results








About the Presenter


steveSteve Johnson is a recognized thought-leader on the strategic role of product management and marketing. Broadly published and a frequent keynote speaker, Steve has been a Pragmatic Marketing instructor for more than 10 years and has personally trained thousands of product managers and hundreds of company senior executive teams on strategies for creating products that people want to buy. He teaches several top-rated seminars including Practical Product Management, Requirements That Work, and Pragmatic Roadmapping, as well as many on-site workshops.

Prior to joining Pragmatic Marketing, Steve practiced the discipline of product management for over 18 years at a variety of software and hardware firms and served as head of marketing for the leading provider of performance management software.
Steve writes the Product Marketing blog. Contact Steve at sjohnson@pragmaticmarketing.com

Drop in Product Managers

Posted by Paul Oliu at 2009-11-13 07:12 PM
Do you think that the drop in the number of product managers who came from marketing has had an impact on product management? Better ? Worse?

drop in marketing people

Posted by Steve Johnson at 2009-11-14 01:52 PM
The challenge for marketing people in technology companies is that marketing people (and for that matter, sales people) are perceived to be non-technical. I think that's why more business analysts, project managers, and program managers are finding their way into product management. The challenge for technical people is to realize that their opinions DO NOT reflect the realities of the market they serve. As vendors, they are markedly different from their customers. The same is true for all of your colleagues.

So regardless of their background, the ideal product manager looks at markets instead of individual customers and sees ways to fox the process, not just one-time fixes for one customer.

Degree vs Experience

Posted by Janet Garwood at 2009-11-13 07:12 PM
Does an MBA make the same difference if the undergrad degree is in Bus Admin and there is 20 + years experience.

MBA matters?

Posted by Steve Johnson at 2009-11-14 01:52 PM
Does a master's degree make you a better product manager? I'm a beliver in the school of hard-knocks. People don't fit nicely into a spreadsheet and I'n my experience, a good manager CAN'T manage anything. I'm a big believer in domain knowledge.

But I know this: a master's degree makes a difference in salary. See my rant on Master's degrees at http://www.pragmaticmarketing.com/publications/survey/2005/does-a-masters-degree-make-a-difference

Working for less...

Posted by Mark Crosley at 2009-11-13 07:12 PM
I'm an experienced PM who was laid off earlier this year and is still looking for work. Recently I've had interviews where people asked me if I would work for 20-40% less than I've previously received. The implication was that if I wouldn't, there are plenty of other unemployed PMs who would. Has the compensation level for PMs changed dramatically in the last few months, more recently than your survey might have picked up?

salaries are down

Posted by Steve Johnson at 2009-11-14 01:52 PM
Compared to last year, salaries are down by about 5%. The average for product managers and product owners is $97,500 (versus $100,341 last year); the average for product marketing managers is $93,000. I'll be drilling down into these numbers over the next few weeks.

I think you're seeing the old supply-and-demand problem. From what you've said, there are more product managers available than there are jobs. I recommend that you revise your resume around the Pragmatic Marketing framework to show that you're on of those product managers who can hit the ground running. Ask yourself: what problems can I solve for the hiring manager?

Two Questions

Posted by Darrin Stock at 2009-11-13 07:12 PM
With company layoffs and downsizing, are you seeing that PMs and PMMs are taking on more activities that aren't traditionally assigned to them simply to make up for the loss in headcount?

Is the fact that 80% of people don't work with analysts an indication of the lack of relevance and value to that work, or that it's someone else's job?

Other activities

Posted by Steve Johnson at 2009-11-14 01:52 PM
Accomplishing the impossible means only that the boss will add it to your regular duties.--Doug Larson

Large companies still have dedicated resources and even departments for some of the boxes on the Pragmatic Marketing framework. Smaller companies have always relied on the product manager to be "all other departments." I do see companies doing more with less but there are only so many hours in a week so product managers do what's needed and a lot of stuff falls by the wayside.

As for working with analysts, I think many firms are relying on product managers and product marketing managers to BE the thought leaders and are relying less on manipulating the industry analysts and press. But realistically, some activities do indeed require fewer hours.

So review the framework with your product in mind: how many hours SHOULD you spend on these activities. And if you're doing stuff that isn't on the chart, are these the MOST IMPORTANT ones for YOU or are you just doing jobs that are poorly staffed elsewhere. And when you're doing other work, who--if anyone--is doing product management?

Quote

Posted by Steve Johnson at 2009-11-14 01:52 PM
The quote I was looking for was: "In theory, theory and practice are the same. In practice, they are not." - Yoga Berra (Thx to George Q)

on Won/Loss

Posted by Steve Johnson at 2009-11-14 01:52 PM
I mentioned a firm that specialized in win/loss analysis but didn't provide the name. If you're interested in having a third-party do your win/loss work, contact Alan Armstrong at <aa@eigenworks.com>