9 hard skills or competencies (industry competencies) for Product Manager III
Skill definition-Designing, implementing, and managing software product lifecycle from inception to delivery to maximize revenue and meet user experience.
Level 1 Behaviors
(General Familiarity)
Identifies the process factors that need to be considered for software product management.
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Level 2 Behaviors
(Light Experience)
Uses appropriate tools to log and track backlogs and ensure alignment with the product roadmap.
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Level 3 Behaviors
(Moderate Experience)
Prepares delivery and implementation schedules to ensure adherence to product software timelines.
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Level 4 Behaviors
(Extensive Experience)
Sets best practices for lean product management to develop successful products consistently.
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Level 5 Behaviors
(Mastery)
Leads user story mapping to develop and improve new features based on usability, functionality, and user experience.
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Skill definition-Knowledge of software product market and ability to identify and incorporate the market trends and user requirement for the design and development of software product.
Level 1 Behaviors
(General Familiarity)
Identifies the differences between generic and customized software products.
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Level 2 Behaviors
(Light Experience)
Supports the development of prototypes that demonstrate the vision of the final product.
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Level 3 Behaviors
(Moderate Experience)
Supervises the team in designing and developing new and attractive software products.
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Level 4 Behaviors
(Extensive Experience)
Presents recommended design features that best align with the organization's goals and objectives.
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Level 5 Behaviors
(Mastery)
Sets metrics and key performance indicators to objectively assess the success of software product initiatives.
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4 general skills or competencies (Job family competencies) for Product Manager III
Skill definition-Analyzing an organization's structure, process, technology, and capabilities to determine information systems changes needed for achieving organizational goals.
Level 1 Behaviors
(General Familiarity)
Identifies the importance of business analysis in achieving organizational success.
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Level 2 Behaviors
(Light Experience)
Supports the implementation of new technological solutions across our business.
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Level 3 Behaviors
(Moderate Experience)
Works collaboratively with other teams to analyze and define current business processes.
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Level 4 Behaviors
(Extensive Experience)
Recommends solutions that will best fit the business’s current and future needs.
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Level 5 Behaviors
(Mastery)
Leads the implementation of innovative techniques to streamline the business analysis process.
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Skill definition-Gathering information about a business's potential customers to determine the feasibility of a new product or service.
Level 1 Behaviors
(General Familiarity)
Describes the fundamentals and concepts of market research.
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Level 2 Behaviors
(Light Experience)
Compiles market research data gathered from available sources and public information.
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Level 3 Behaviors
(Moderate Experience)
Employs data collection tools to gather and analyze potential customers' information.
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Level 4 Behaviors
(Extensive Experience)
Directs all aspects of market research and analytics methodologies across our business.
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Level 5 Behaviors
(Mastery)
Builds advanced marketing research strategies to gain a competitive edge in the market.
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11 soft skills or competencies (core competencies) for Product Manager III
Skill definition-Insight into our organization's business, goals, and values. Ability to design and implement initiatives that facilitate successful outcomes.
Level 1 Behaviors
(General Familiarity)
Describes the market conditions that impact the business.
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Level 2 Behaviors
(Light Experience)
Collects and compiles competitor information for competitive analysis.
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Level 3 Behaviors
(Moderate Experience)
Applies technical expertise, business sense, and product knowledge to manage the product lifecycle effectively.
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Level 4 Behaviors
(Extensive Experience)
Coordinates technical and business teams to solve complex and diverse customer problems.
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Level 5 Behaviors
(Mastery)
Builds strong business partnerships internally and externally to drive "win-win" business successes.
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Skill definition-Analyzing hypothetical situations or abstract concepts to compile business insights.
Level 1 Behaviors
(General Familiarity)
Explains the importance of conceptual thinking skills in achieving organizational goals.
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Level 2 Behaviors
(Light Experience)
Discusses complex concepts with colleagues.
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Level 3 Behaviors
(Moderate Experience)
Conceptualizes or theorizes the project before getting into action.
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Level 4 Behaviors
(Extensive Experience)
Discusses and proposes new concepts with colleagues.
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Level 5 Behaviors
(Mastery)
Develops long-term strategic plans to shape the projects.
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Summary of Product Manager III skills and competencies
There are 9 hard skills for Product Manager III, Software Product Management, Software Product Business Knowledge, Software Product Technical Knowledge, etc.
4 general skills for Product Manager III, Business Analysis, Market Research, Product Development, etc.
11 soft skills for Product Manager III, Business Acumen, Conceptual Thinking, Analytical Thinking, etc.
While the list totals 24 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Product Manager III, he or she needs to be proficient in Business Acumen, be skilled in Conceptual Thinking, and be skilled in Analytical Thinking.