Product Management

In-Person/Online

5 Days

English/Arabic

Learning Objectives

   Define product management and its importance.
   Define characteristics of successful product managers.
   Identify the cross-functional role of product managers.
   Develop essential skills for managing a new product.
   Identify the process of creating an annual product plan and evaluating products portfolio.
   Identify the process of measuring customer value management effectively.

In-Person/Online

5 Days

English/Arabic

Learning Objectives

   Define product management and its importance.
   Define characteristics of successful product managers.
   Identify the cross-functional role of product managers.
   Develop essential skills for managing a new product.
   Identify the process of creating an annual product plan and evaluating products portfolio.
   Identify the process of measuring customer value management effectively.

Modules

Module 1: The Role and Operation of Product Management

Module 2: The New Product Management

  • Overview on product manager’s job
  • The product manager’s balance of activities (short- and long-term duties)

Module 3: Introducing Product Management and Managing Product Managers

  • Structure of product management
  • Impact of new-product development
  • Responsibilities of product managers and others in the firm
  • Characteristics of successful product  managers
  • Developing and evaluating product managers

Module 4: The Cross-Functional Role of Product Managers

  • Concerned parties to be considered by product managers
  • Case study

Module 5: Planning Skills for Product Managers

Module 6: The Product Marketing Planning Process

  • Defining the planning process
  • Background analysis:
    • Business assessment
    • Market analysis
    • Competitive  analysis
    • Performance history
    • Trends dynamics
  • Exercise: creating a product marketing plan

Module 7: Customer Value Management

  • Customer analysis process
  • Overview on mckinsey’s market attractiveness matrix
  • Balancing customer retention and customer acquisition

Module 8: The Annual Product Plan

  • Synthesis: where do you want to go?

Module 9: Product Skills

Module 10: Evaluating the Product Portfolio

  • Evaluate product performance

Module 11: Strategic Product Planning

  • Fostering a customer mind-set

Module 12: New Products: Proposal, Development, and Launch

  • New-product development flow chart
  • Components of new product proposals
  • Concept development

Module 13: Functional Skills

Module 14: Pricing Products and Services

  • Alignment with corporate strategy

Module 15: The Product Manager as Marketing Manager

  • Marketing communications (Marcom) planning
  • Distribution strategy
  • Product support
  • Marketing research tools

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