[Caution: long post]
Today, most business schools prefer candidates with some work experience, which is also useful during lateral placements. Hence you see an increasing number of candidates with exposure to IT services or software engineering joining these schools and completing their MBA. Post-MBA, it is inevitable that some of them will head towards product management during campus placements or shortly afterwards. This post is about the 7 things to focus on in your first year on the job, apart from working on PRDs or MRDs.
1. Build a rapport with program managers
In most offshore R&D centers, program managers play a key role in organizing projects, resources and schedules. Hence they know the resource costs and availability for any ongoing or upcoming project. And since engineering dominates decision-making in ODCs (offshore development centers), the program managers help to balance the engineering dominance.
2. Get customer exposure on a sales call
An enterprise sale is a complex process, involving dozens of people from different departments, and it typically has a long completion cycle. You must gain a first hand exposure to how this works, as this is the main source of revenue for the firm and for your product line. However, it can be difficult to gain a sales person’s attention, as he is always looking outwards for opportunities. As an incentive to sales folks to get them to talk to you, arrange a product demo or a feature presentation. If the demo is interesting enough, they will make sure that you get in front of the customer.
3. Gain the trust of engineering and service delivery managers
I have written previously about key stakeholders for offshore product managers. If you cannot get these people to trust you, you will never be able to drive product decisions, even with your supervisor’s help. And you cannot keep going to him all the time. One good technique to gain the engineering trust is the show them that you can deliver on the product requirements and are not simply there because of your MBA. Essentially, you need to prove yourself with every engineering resource, right from the VP to the intern.
4. Train yourself
Do not bother to go for a formal product management training yet. Without relevant experience, it will have very little value and you will forget most of it very soon.
5. Prepare for a change to your role/product within 12 months
In today’s connected, global economy, it is almost guaranteed that your first role will last no more than 12 months. The change could be due to external forces or internal restructuring (ODCs are very prone to this), but it will definitely happen. In the worst case, you might feel stagnating in your role, and you will yourself ask for or start looking out for a change. The best way to survive this is to shine in front of senior management, build a rapport with the US teams and network with HR and other support staff.
6. Connect with Solution Sales, Analytics, Customer Service Teams
This is probably the most important task that you can perform outside of self-training. To understand how the product is built, you need to sit with engineering teams. To understand how the product is sold, you need to work with sales teams. And if you really want to understand how the product is used, you need to work with solution sales, analytics and operations and customer service teams, who cover all real use cases that the product was designed for. And remember, you need to proactively seek them out and learn from them. As a fresher, it is expected that you will be learning all the time.
7. Network outside the firm
There are a lot of opportunities for networking in Bangalore, Hyderabad and all the other major tech. centers in India. You must go to these get-togethers (a few of them are listed in the resources section of the blog). It can be a lonely job, working as a product manager, with no outbound teams near you. Connecting with other people in similar situations is a good way to understand the challenges of an offshore product management role, and the different ways in which people are coping.
A product management role, even offshore, can be incredibly rewarding, but only if you take care of your first few years on the job. It is not for everyone, and you should make sure that you are still interested in it at the end of your first year. Else, as an MBA, it will be easy to find something else.