Once again, quick one from a discussion had with someone walking down the aislel.
Product managers do too many things for success of their product. They work with cross-functional teams, do competitive analysis, author PRDs etc . While all these are important and must be done on time, there are certain aspects of a product manager's life which should always be on the radar of a wise product manager. These are 3 simple things that a wise product manager should always observe and improvise on.
Understand the market / opportunity
What is in it for me? Knowing market and keeping oneself up-to-date with the developments in the market space is of paramount importance for a product manager. What is your customer doing? how are his / her needs changing? any new technology that might bring in new competition? any significant move in government policies that might impact your business or any change in compliance norms etc.
