What Is Group Product Manager Salary?

What is a Group Product Manager?

A group product director( GPM) is a product leader who manages the product team responsible for a particular group of products. especially, this part is described as a player/trainer part. The elements of managing and developing people as well as being an individual contributor are combined in a GPM. A group product manager is a leadership role within a company’s product operation platoon. This position generally involves overseeing a group or platoon of product directors who are responsible for developing and managing a portfolio of products. The group product director plays a pivotal role in defining the product strategy, setting precedences, and facilitating the successful prosecution of product development initiatives. This part, growing in fashionability, represents a significant step up in the career path in product operation. It requires a careful balancing act between active participation in product strategy and a supportive attitude towards team development....

Product Manager vs Group Product Manager

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Senior Product Manager vs Group Product Manager:

Product Manager...

Role and Responsibilities of Group Product Manager:

Group Product Manager...

Skills of Group Product Manager:

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What Is Group Product Manager Salary?

Feature Senior Product Manager Group Product Manager Scope of Responsibility Manages a product or a set of related products. Manages multiple products or a product portfolio. Hierarchy Level Typically at a mid-level position in the organizational hierarchy. Generally at a higher level compared to a Senior Product Manager. Team Leadership May lead a team of Product Managers or cross-functional teams. Leads and coordinates a group of Senior Product Managers or Product Managers. Decision-Making Involved in decision-making for their assigned product(s). Participates in high-level strategic decision-making for the product portfolio. Strategic Focus Focuses on the strategy and execution of individual products. Takes a broader strategic approach, considering the overall product portfolio and market positioning. Collaboration Collaborates with cross-functional teams, stakeholders, and possibly other Product Managers. Collaborates with other Group Product Managers, executives, and stakeholders across multiple products or business units. Innovation Drives innovation for their specific product(s). Drives innovation at a portfolio level, ensuring alignment with overall business goals. Communication Communicates with team members, stakeholders, and possibly customers for their product(s). Communicates with senior leadership, executives, and stakeholders to align product strategies with business goals. Career Progression A step before or parallel to the Group Product Manager role in terms of career progression. A higher-level position with broader responsibilities, often seen as a progression from Senior Product Manager....

Group Product Manager Tools:

A group product director( GPM) generally holds a elderly position compared to a product director and is responsible for overseeing a portfolio or group of products within an association. Then are the crucial places and liabilities associated with the Group Product director position:...

Conclusion: Group Product Manager

The part of a Group Product director( GPM) is demanding and requires a comprehensive skill set to effectively lead and manage a portfolio of products. Then are crucial chops associated with the part of a Group Product director:...

FAQs on Group Product Manager:

Comparably states that the average yearly pay for a group product manager in the United States is roughly $182,242. Nonetheless, the pay scale varies, with an approximate range of $60,000 to $343,000. When it comes to locations, San Francisco has a trend of group product manager salaries that are 14% higher than those of most other places. Silicon Valley does indeed demand the role! The next best option is Seattle, where group product manager salaries are 13% higher. $129,548 is the average salary for a group product manager. Product managers who oversee a group of products are known as group product managers. They collaborate with groups to create and introduce goods that satisfy customers and advance corporate objectives. A bachelor’s degree in business administration, engineering, or any other discipline is usually required of group product managers. They have several years of engineering, marketing, and product management experience. Additionally, group product managers may be required by some organizations to be proficient with specific PM tools, such as Chisel. As such, your experience or level of education may have an impact on your pay. These figures are only suggestions and are not fixed in stone. Let’s say that you have made it this far. There are two possibilities in that situation. One, you understand the responsibilities of a group product manager quite well. Two, you’re not sure how it’s different from a senior product manager or even a product manager anymore....