Today, in the How to Succeed in Product Management Podcast, Jeff and Red welcome our panel of experts on product management to talk about mentoring new product managers. They discuss how domain expertise can help new PMs grow in the field, the qualities one must have to understand and build relationships with customers, improving problem solving skills and building frameworks to tackle problems, and the roles senior PMs play in honing younger leaders.

What to Listen For:

00:00 Intro
00:43 Building empathy and understanding for new Product Managers
02:31 Taking ownership and being proactive early on
04:06 Understand your customers and build relationships
06:52 PM’s must be curious and empathetic
08:40 Spend time to learn your product domain
13:39 Multiple variables affect what you end up focusing on as a PM
16:26 PMs often focus on the solution but don’t spend much time understanding the problem
19:01 The most important skill for new PM’s: actively ask questions
23:00 Promising books new PMs should read
26:40 Tools to help communicate with customers and conduct market research
31:27 How do you make problems and their solutions meaningful to the market?
35:40 Find a good mentor to guide you along the way
36:28 Difference between a mentor and a sponsor
38:14 Help coming from a senior product leader
42:42 Creating a psychologically safe space for new PMs
46:54 Challenges transitioning from B2B to B2C role
50:37 Observe patterns and build frameworks to tackle problems
51:35 Be that go-to person for the team
54:18 Are you spending time listening to your customers?

Best of 2021: Mentoring New Product Managers Through Empathy and Understanding