What Is Product Management?

Build your understanding of Lean, the Toyota Way, and modern product management.

Modern product management

In simple terms, product management is the craft of managing product development through what’s known as the product lifecycle. It ensures that companies identify customer needs and provide value through the products they build. It links deciding what to make with the act of creating it and producing value through that creation.

Product management involves:

  • Understanding the product’s purpose

  • Researching potential customers

  • Designing features

  • Setting product goals

  • Creating product roadmaps

  • Launching the product ...