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Product Management 001

In this video, I take you through the basics of Product Management. I start with what exactly a product is and how it fits into the bigger picture. Using simple analogies like the captain of a ship, a baker, and a conductor, I explain the role of a Product Manager and why it’s so crucial in taking a product from an idea to reality. I also talk about the important responsibilities of a Product Manager, such as understanding what customers really need, setting a clear vision for the product, and encouraging innovation. I cover how to plan and prioritize tasks, work with different teams, and measure success through practical methods like OKRs. Whether you’re new to product management or want to sharpen your skills, this video gives you a solid foundation in what it takes to be a successful product manager. Subtitles with Timestamps Introduction to Product Management - 0:01 What is a Product? - 0:25 Ecosystem of a Product - 0:51 What is Product Management? - 1:34 Role of a Product Manager - 1:55 Captain of a Ship Analogy - 2:30 Product Manager as a Glue - 4:19 Baker Analogy - 4:47 Key Responsibilities of a Product Manager - 5:30 Understanding Customer Needs - 5:35 Identifying Solutions - 5:59 Feasibility and Economical Aspects - 8:07 Setting the Product Vision - 11:15 Road Mapping - 12:01 Prioritization and Decision Making - 13:31 Collaboration with Teams - 15:48 Defining Success - 16:43 Importance of Product Management in Modern Business - 18:19 Aligning Business Goals - 18:25 Driving Innovation - 19:48 Ensuring Product Success - 21:02 Conclusion: Be the Captain, Baker, and Conductor - 21:44