165 / A Recipe for Success: Heather Inocencio, on Fractional Product Management

If you’ve spent any time navigating the intricate world of product management, you’re likely familiar with the constant balancing act the role requires. Heather Inocencio is the founder and CEO of The Product Consult, a team of product managers helping companies innovate and scale. In this episode of Product Momentum, Heather joins Sean and special guest co-host Sheila Herbert to share her recipe for how fractional product management works – and where it works best.

When fractional PMs join a new organization, approach the opportunity with curiosity, Heather advises. Use that curiosity as a conduit for building trust with your new stakeholders. That way – echoing the words of Bruce McCarthy in episode 156 of Product Momentum and in a recent blog post with Sean Flaherty – you can fairly represent each stakeholder’s needs and motivations.

Here’s what else you’ll learn:

A Balanced Approach: Customer Obsession + Business Value

Find the right balance between being customer obsessed (as described by Christian Marek in episode 162) and delivering value to the business. Meeting user needs is paramount, Heather says, but product managers are also responsible for delivering on the broader business strategy.

“Product people are constantly being pushed that they must be ‘customer obsessed.’ And I couldn’t agree more,” Heather explains. “But we have to tie that obsession back to the work we’re doing: the features we’re delivering and the platforms we’re expanding. Then we have to explain how those user behaviors are tying back to adding real business value.”

Understanding Fractional Product Management

By providing organizations with product management expertise – without the commitment of a full-time/long-time hire – the fractional approach helps both startups and small- to mid-sized businesses that need senior-level product leadership but may lack the resources or consistent demand to justify a permanent position.

“At The Product Consult, we embed with clients either full-time or fractionally,” Heathers adds. “And we do hands-on product management work, whether it’s me or someone on my team. To the client, it feels like we’re part of their team. It’s a great way for a company to add skills to the team that they don’t have.”

Trust: The Key Ingredient in a Recipe for Product Success

A thread woven throughout the conversation was Heather’s take on building trust across stakeholder groups. Trust is no longer a “nice-to-have” in product management; it’s fundamental to the success of any relationship. She shared her recipe for success – the key ingredient of which is trust – which starts with product managers building connections that transcend superficial collaboration.

“The one difference in product management versus other roles at a company is that we touch every aspect of the business,” Heather points out. “Trust enables teams to navigate tough conversations, align on priorities, and execute with clarity.”

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