Page 50 - DaggaBay Magazine Issue 4
P. 50

From  seed  to  sale,  the  entire
         cycle  of  a  cannabis  product's
         creation     and      distribution
         needs      to     be      properly
         managed.  That's  why  people
         with a project management or
         business            management
         background  are  often  sought
         by  cannabis  companies.  They
         need  professionals  who  can
         help     plan     and      oversee
         budgets,      operations,      and
         timelines.



         Product managers are responsible for
         guiding the success of a product and
         leading the cross-functional team that
         is responsible for improving it. It is an              Product managers provide the deep
         important organizational role that                     product expertise needed to lead the
         sets the strategy, roadmap, and                        organization and make strategic product
         feature definition for a product or                    decisions. They often analyze market and
         product line. The position may also                    competitive conditions, laying out a
         include marketing, forecasting, and                    product vision that is differentiated and
         profit and loss (P&L) responsibilities.                delivers unique value based on customer
         In many ways, the role of a product                    demands. The role spans many activities
         manager is similar in concept to a                     from strategic to tactical and provides
         brand manager at a consumer                            important cross-functional leadership —
         packaged goods company.                                most notably between engineering,
                                                                marketing, sales, and support teams.


                                                                The product manager is the person
                                                                responsible for defining the why, when, and
                                                                what of the product that the engineering
                                                                team builds. This means they lead cross-
                                                                functional teams from a product's
                                                                conception all the way through to its
                                                                launch.
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