The Telecom industry in India is hailed to be one of the fastest-growing and rapidly changing industries in 2022. With expanding user base and evolving market trends and customer needs, telecom companies are focusing on re-inventing for growth. At the center of this growth lie innovative and user-focused products and efficient Telecom Product Managers.
A Telecom Product Manager is responsible for identifying user requirements and matching them with the company’s existing portfolio and vision. Further, Product Managers analyze the company’s resources and technolgical assets to develop the line of required products.
With India’s Telecom sector growing, the investments and eventually the line of products and services in this sector are expected to increase exponentially. Consequently, the demand for Telecom Product Managers will increase too.
In this blog, we talk in detail about the roles and responsibilities of Telecom Product Managers.
If you are a Product Manager planning to build a career in the telecom industry or someone new to the field of Product Management, continue reading.
4 Roles and Responsibilities of a Telecom Product Manager
1. Market Insights
Like any other Product Manager, a Telecom Product Manager too should know the ‘market’. It is one of the core responsibilities of a Telecom Product Manager to conduct, analyze, and understand a product market before entering into it.
Understanding a market includes analyzing the existing products, user base, competitors, target audience, demographic research, and future forecasts.
Also read: Top Skills of a Product Manager
2. Build a Product Roadmap
Every product is different. You could be building a mobile app or a handset or a teleprinter. To ensure that you and the teams do not lose product focus, it is important to build an extensive product roadmap.
A roadmap helps you keep a track of your product progress, communicate effectively within teams, present the growth precisely to stakeholders, and make necessary changes in the product timeline.
3. Implementing Varied User Feedback
From B2B to B2C to B2B2C, as a Telecom Product Manager, you could be catering to a variety of product needs. To fulfill both users’ needs and generate the required revenues, a Product Manager needs to think like a CEO and innovate.
In addition to catering to multiple user requirements, a Telecom Product Manager also needs to address the feedback and needs of different stakeholders, i.e, designing, development, marketing, and management teams.
Thus, as a Telecom Product Manager, you’d be required to find a common ground and develop a product/feature that is a win-win for all your stakeholders. Collecting feedback and effectively communicating the same plays the most important role in achieving these goals.
4. Be Agile
Agile development is one of the most effective and adopted methodologies for Product Management. Agile development helps in bringing efficiency, time management, and helps Product Managers keep up with the changing demands.
While Agile is most suited, depending on your user needs and company vision, you have to experiment and find the perfect development methodology for your product.
We hope you find this blog useful. If you want to switch to a career in Product Management, a certification course would be the perfect starting point. Check out our top Product Management Certification courses here.