Product Manager vs Group Product Manager
Feature or characteristics |
Product Manager |
Group Product Manager |
---|---|---|
Team management |
Works with cross-functional teams, but usually does not have direct management responsibility. |
Manages and leads a team of Product Managers and guides them in fulfilling their product responsibilities |
Communication Skills |
Needs effective communication skills to work with diverse teams, stakeholders and customers. |
Requires strong communication and leadership skills to align multiple product teams and stakeholders. |
Decision-making |
Makes decisions related to their specific product(s) and collaborates with cross-functional teams. |
Participates in senior-level strategic decisions, and oversees product strategy for a broader set of products. |
Responsibility |
Usually focuses on a single product or set of related products. |
manages a group or portfolio of products, often supervising multiple product managers. |
Risk Management |
Manages the risks associated with their specific product(s). |
It deals with risks and challenges across the entire product group, balancing priorities and resources. |
Reporting Structure |
Typically reports to a senior manager, such as the Director of Product Management. |
May report to the Director or Vice President of Product Management or directly to Executive Management. |
Strategic Planning |
Develops and executes product strategy for their assigned product(s). |
Participates in the overall strategic planning of the group or portfolio in line with the company’s goals. |
Experience Level |
Typically requires several years of product management experience. |
Typically requires more extensive experience in product management, leadership and strategic planning. |
What is Group Product Manager? Roles, Responsibilities and Skills
A Group Product Manager (GPM) is a senior leadership role in the field of product management, tasked with overseeing a team of product managers and steering the overall strategy and development of a company’s product portfolio. This role is prevalent in larger organizations with diverse product lines or a substantial range of offerings. The Group Product Manager serves as a linchpin between executive-level strategy and the execution of individual product initiatives.
Table of Content
- What is a Group Product Manager?
- Product Manager vs Group Product Manager
- Senior Product Manager vs Group Product Manager
- Role and Responsibilities of Group Product Manager
- Skills of Group Product Manager
- What Is Group Product Manager Salary?
- Group Product Manager Tools
- Conclusion: Group Product Manager
- FAQs on Group Product Manager