A fully optimised product manager could increase company profits by 34.2%

280 Group Challenges in Product Management Survey Results

A recent report by 280 Group found that a fully optimised product manager could increase company profits by 34.2%. The report studied a sample of 850 companies and found that those with product managers who were highly influential in their roles saw significantly higher profits than those who did not. The study found that the most successful product managers shared several common attributes, including strong strategic planning skills, the ability to communicate with stakeholders effectively, and a deep understanding of the needs of their customers. With the right mix of skills and experience, a product manager can be a powerful asset to any organisation. When it comes to driving profits, there is no one more essential to a company's success.