ISCO Occupation Group 1223.1 Product Manager

From Open Risk Manual

Definition

Product Manager: Product development managers are responsible for managing the lifecycle of a product. They research and develop new products in addition to managing existing ones through market research and strategic planning. Product managers perform marketing and planning activities to increase profits.

Essential Skills

  • Define Technology Strategy
  • Perform Market Research
  • Develop Communication Strategies
  • Persuade Clients With Alternatives
  • Market Research
  • Product Life-Cycle
  • Draw Conclusions From Market Research Results
  • Plan Product Management
  • Develop New Products
  • Manage The Customer Experience
  • Oversee Quality Control
  • Manage Product Testing
  • Develop Promotional Tools
  • Prepare Market Research Reports
  • Analyse Economic Trends
  • Identify Market Niches
  • Combine Business Technology With User Experience
  • Execute Marketing Plan
  • Design Customer Experiences
  • Socio-Economic Trends In Your Sector
  • Analyse Consumer Buying Trends
  • Develop Product Design
  • Analyse Market Financial Trends
  • Develop Business Plans


Optional Skills

  • Product Comprehension
  • Maximise Sales Revenues
  • Track Key Performance Indicators
  • Perform Product Testing
  • Manage Profitability
  • Carry Out Sales Analysis
  • Ensure Products Meet Regulatory Requirements
  • Develop Revenue Generation Strategies
  • Coordinate Events
  • Production Processes
  • Study Sales Levels Of Products
  • Web Analytics
  • Cost Management
  • Advise On Communication Strategies
  • Manage Feedback
  • Quality Standards
  • Sales Strategies
  • Analyse Cultural Trends
  • Analyse Data About Clients
  • Product Data Management
  • Create Prototype Of User Experience Solutions
  • Pricing Strategies
  • Manage The Handling Of Promotional Materials
  • Manage Production Systems
  • Integrate Marketing Strategies With The Global Strategy
  • Schedule Production
  • Follow Production Schedule
  • Provide Improvement Strategies
  • Market Pricing
  • Apply Strategic Thinking


Alternative Names

  • Product Marketing Manager
  • Product Developer
  • Product Design Engineer
  • Research And Development Manager
  • Product Development Manager
  • Sports Product Engineer


Specializations

Specialization Title
C1223.1.1 ISCO Specialization 1223.1.1 Insurance Product Manager

Higher Level