7 Habits of Highly Effective Product Managers (2024)

Product management is one of the least-defined roles in the professional world. But you can identify many of the skills and habits you’ll need to be effective in this career by learning from other successful product managers (PM). We’ve compiled some of the best advice we’ve heard from PMs about the habits of highly effective product managers.

1. Highly effective product managers prioritize their roadmaps according to value, not features.

As a product manager, your job is to solve problems for your users. The products you bring to the market are just vehicles to solve those problems.

Yet many product managers focus on the product they intend to build instead of on the problem they plan to solve. They develop their roadmap as a list of features, rather than using the roadmap to communicate the value they expect the product to deliver.

This is a flawed approach, as ProductPlan’s co-founder Jim Semick explained in a webinar called The Feature-Less Roadmap, Jim cites several reasons effective product managers know to organize their roadmaps by themes and north-star metrics, particularly when developing a new product. For example:

  • You will often be too optimistic about what your team can build in the time you have. Committing to complete a full feature before your release could delay your ability to deliver anything to the market. Delivering smaller items to the market, iteratively, and analyzing user feedback makes more sense.
  • Committing to developing features early on also makes it more difficult to change direction or focus when new realities demand it.
  • You won’t know until after you’ve started delivering the first iterations of your product where you stand with users.

For all of these reasons, and others you’ll hear about in the webinar, the panel agrees that it makes more sense to organize your roadmap around major strategic themes for your product.
7 Habits of Highly Effective Product Managers (1)

2. Highly effective product managers focus on outcomes, not outputs.

This habit flows naturally from the first. Because effective product managers know their role is to solve problems for their users—and not just to release products—they do a better job of measuring the right things. For example, they focus on outcomes rather than outputs.

Product management expert Melissa Perri explains in her book Escaping the Build Trap, many organizations get stuck in a flawed strategy of raising money, hiring developers, and then building their product. All before even validating their plan with the market.

Once the operation gets underway, and investors are asking for progress, the team is now focused more on producing a finished product (the output) than on whether or not that product will find a profitable market (the outcome). This is the build trap.

Effective product managers, Melissa argues, take a very different approach. They take the time needed to work with their user personas, explore their problems, listen to their concerns, and think of solutions. A customer-centric attitude is a habit every PM is well advised to develop.

3. Effective PMs hone their leadership skills.

One of the quirks of product management is that you’ll need to guide people’s work but without the authority to tell them what to do.

The only way to do this successfully is to develop your skills as a leader. April Underwood, Slack’s Former CPO, explains in a LinkedIn video that being a strong leader can help even someone with no product management experience become an effective PM.

“One of the core attributes of a great product manager, at his or her core, is being a strong leader, being able to set a vision, being able to persuade people, and being able to motivate a team toward a shared outcome.”

4. They learn to communicate with everyone.

Success in product management requires communicating with many different people, departments, and stakeholders.

In addition to developers, sales reps, and executives each using their own jargon, you’ll also have to work with a wide range of personality types. Some coworkers will be aggressive, others shy, and hard to understand.

The variety of the role is why Joni Hoadley, Principal at Lean Product Management Consulting, believes PMs should learn about different personality types.

There are several personality-type models and frameworks for your study. Understanding these different types, and how they each communicate, can help you become a more effective product manager.

For example, when you can spot the signs that a person is what the “DISC” personality framework calls a “D” (decisive) type, you will know that this person’s communication style is direct, fast-paced, and impatient. When presenting a roadmap to this person, you will know to keep your discussion streamlined, fast-moving, and focused on high-level outcomes.

5. They’re always doing product discovery.

Teresa Torres points out that many PMs view product discovery (deciding what to build) as only a small part of the process, and they want to get it over with in the earliest phases of planning a new initiative.

The product team shifts its focus exclusively to product delivery (building and shipping)—and they never look back at discovery.

Doing so leaves out many opportunities, for a product team to check in with its original vision and ask itself if it is still on track. This, she explains, can help the team learn earlier in the process whether or not it is meeting its goals and delivering value.

Avoid fixating only on whether the team is meeting its goals for building and releasing products. Instead, it can continually ask questions that lead back to product discovery.

Questions such as:

  • Are we meeting stakeholder needs?
  • Can customers use our product the way they want to?
  • Do customers want what we’re developing?

Effective product managers know they’re never “done” with product discovery. It should inform every stage of a product’s development and lifecycle.

6. Highly effective product managers step away from their desks to find the big idea but come back for the little ones.

You won’t see this in your typical product manager job description. But according to Jason Fried, stepping out of the office and changing the scenery can be the best way to help a product manager summon a game-change idea.

Product professionals spend much of their time poring over the details: market research, usage data, development schedules, budgets, etc. It’s when they can step back, process all of this information, and clear their heads that inspiration can find them.

For a PM, these little ideas could include UI fixes, a process tweak that could speed development, or general improvements to the product.

“You have the big idea somewhere else,” he says, “and then you come to work and work on the little ideas.” – Jason Fried, CEO, Basecamp
7 Habits of Highly Effective Product Managers (2)

7. Highly effective product managers are always learning.

Ellen Chisa, co-founder, and CEO of Dark acknowledges that “learn something new” could mean something different to everyone. To help you decide what to learn next, she offers these possible areas of focus:

  1. Figure out where you’re struggling now.
  2. Determine where you or your company is going next.
  3. Focus on something you’re curious about or something you think would be fun to learn next.
  4. Find a weakness and work on turning it into a strength (or at least something you’re no longer afraid to try).

What’s great about this strategy is you can do it throughout your career. Tackle that learning project now. When you’re done, you can transition to studying something that will help you add to one of your strengths or just something that sounds like fun to learn.

Ready to become a highly effective product manager? 7 Habits of Highly Effective Product Managers (3)

7 Habits of Highly Effective Product Managers (2024)

FAQs

7 Habits of Highly Effective Product Managers? ›

Short Summary:

"The 7 Habits of Highly Effective People" by Stephen R. Covey provides a transformative guide for personal and professional success. It emphasizes proactive thinking, prioritization, effective communication, collaboration, and personal growth.

What is the summary of Stephen Covey's 7 Habits of Highly Effective People? ›

Short Summary:

"The 7 Habits of Highly Effective People" by Stephen R. Covey provides a transformative guide for personal and professional success. It emphasizes proactive thinking, prioritization, effective communication, collaboration, and personal growth.

Is 7 Habits of Highly Effective People a best seller? ›

Covey is a renowned leadership authority, family expert, teacher, organizational consultant, and co-founder of FranklinCovey Co. He is author of several international bestsellers, including The 7 Habits of Highly Effective People, which has sold over 20 million copies.

What are The 7 Habits of Highly Effective People, leadership vs management? ›

In 7 Habits of Highly Effective People, Stephen Covey writes, “Effective leadership is putting first things first. Effective management is discipline, carrying it out.” As the quote demonstrates, there's a difference between leadership and management.

What was Stephen Covey's famous quote? ›

1) The key is not to prioritize what's on your schedule, but to schedule your priorities. 2) The main thing is to keep the main thing the main thing. 3) Live out of your imagination, not your history. 4) Trust is the glue of life.

What are the strengths of Covey's 7 habits model? ›

The 7 Habits will help you:
  • learn how to take initiative.
  • develop a mission, vision, and values within your organization.
  • learn how to balance key priorities.
  • improve interpersonal communication.
  • learn how to leverage creative collaboration.
  • apply principles for achieving a balanced life.

What is rule 5 of The 7 Habits of Highly Effective People? ›

Habit 5 requires you to listen actively and empathetically before communicating your own views. Simply put: Listen with the intent to understand, not to respond. In doing so, you can cultivate trust and respect with others.

Is The 7 Habits of Highly Effective People still relevant? ›

For a book that was first published in 1990, The Seven Habits Of Highly Effective People is absolutely still relevant today. I would highly recommend grabbing a copy and implementing the seven habits in your life.

Is 7 Habits of Highly Effective People a good read? ›

This book explains 7 principles that make a person more effective personally and professionally. Covey shows how a principle-centered, character-based life helps you build the healthy relationships that are key to an effective life. This classic is well worth reading for its perspective and practical advice.

What is habit 3 in the 7 Habits of Highly Effective? ›

Habit 3: Put First Things First®

What is the message of The 7 Habits of Highly Effective People? ›

Covey's key message here is that you need to take care of yourself, stay physically fit, maintain your emotional wellbeing and your mental wellbeing through expanding your knowledge, as well as your social well-being by having good relationships with others.

What is habit 2 in the 7 Habits of Highly Effective? ›

Habit 2: Begin With the End in Mind is based on imagination—the ability to envision in your mind what you cannot at present see with your eyes. It is based on the principle that all things are created twice. There is a mental (first) creation, and a physical (second) creation.

How popular is The 7 Habits of Highly Effective People? ›

About the author

Stephen R. Covey is a renowned leadership authority, family expert, teacher, organizational consultant, and co-founder of FranklinCovey Co. He is author of several international bestsellers, including The 7 Habits of Highly Effective People, which has sold over 20 million copies.

What is Stephen Covey famous for? ›

His most popular book is The 7 Habits of Highly Effective People. His other books include First Things First, Principle-Centered Leadership, The 7 Habits of Highly Effective Families, The 8th Habit, and The Leader In Me: How Schools and Parents Around the World Are Inspiring Greatness, One Child at a Time.

How can you begin with the end in mind? ›

Beginning with the end in mind is all about asking yourself questions to determine your objectives and the reasons behind wanting to achieve them: What is the purpose of what I'm trying to achieve?

What does 7 Habits of Highly Effective People talk about? ›

The book goes over his ideas on how to spur and nurture personal change, such as his thinking about effectiveness as a relationship between desired results and caring for that which produces results, his argument for the character ethic rather than the personality ethic, or his articulation of principles versus values.

What is the most important aspect of Stephen Covey's seven habits? ›

It argues that the important thing is not managing time, but managing oneself, focusing on results rather than on methods when prioritising within each compartment of work & life.

What are the 8th habits of Highly Effective People by Stephen Covey? ›

The eighth habit is Find your voice and inspire others to find theirs. Voice is Covey's code for "unique personal significance." Those who inspire others to find theirs are the leaders needed now and for the future, according to Covey.

How highly effective people speak summary? ›

Brief summary

How Highly Effective People Speak by Peter Andrei reveals the secrets of persuasive communication. It provides strategies and techniques for crafting impactful messages and speaking with confidence to achieve professional and personal success.

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