Product Manager VS Product Owner’s Differences In Responsibilities, Hierarchy, and Salary

Поделиться
HTML-код
  • Опубликовано: 11 июл 2024
  • product manager vs product owner’s differences in responsibilities, hierarchy, and salary.
    You must have seen job openings for product owners and product managers. But you are pretty confused. Is a product owner the same as a product manager? Does the product manager has the same responsibilities as the product manager?
    Recently a lot of my students got offers as both product owners and product manager.
    So, I will compare these two roles in terms of hierarchy, responsibilities and salary differences.
    Good luck with your PM or PO job offers!
    1:27 Hierarchy
    3:26 Product Manager and Product Owner Responsibilities
    7:07 Salary differences
    ▶️ Product Manager Career Path At Google Amazon Facebook and Startups
    • Product Manager Career...
    ▶️ How much does a product manager make?
    • Product Manager Salary...
    #drnancyli #productmanagement #productmanager
    🌟 Download The Killer Product Manager Resume Template here: www.drnancyli.com/pmresume
    ▶️13 Projects to Add Value To Product Manager Interview www.drnancyli.com/pm-project-...
    ▶️Product Manager Course:
    How I Got 4 Product Manager Jobs In 60 Days Without Applying Online
    www.drnancyli.com/masterclass
    产品经理课程
    SUGGESTED RUclips Videos to become a product manager and get paid more
    ▶️ How to become a product manager with no product management experience 如何成为产品经理 • 9 Steps To Become A Pr...
    ▶️ Product Case Interview and Sample Answers: Design An Uber App For People With Disabilities
    • The Best Product Manag...
    ▶️ Product Manager Resume Tips With No Prior Experience 产品经理简历 • Product Manager Resume...
    ▶️ What’s your favorite product and how to improve it?
    • Google Product Manager...
    ▶️ How to Negotiate Higher Salary In a Job offer in 4 steps
    • Negotiation Process: H...
    ▶️How to land an associate product manager job in 2 months with no experience
    • How To Land An Associa...
    产品经理课程,如何成为产品经理,产品经理面试题都在这个RUclips channel
    ▶️微信公众号: Dr Nancy 北美产品经理求职
    ▶️Instagram: @drnancyli
    ▶️LinkedIn: / 12464420
    ▶️www.drnancyli.com
    To reuse or edit the video, please put the license description below:
    Video created by Dr. Nancy @ Dr. Nancy Li
    / drnancyli
  • ХоббиХобби

Комментарии • 40

  • @DrNancyLi
    @DrNancyLi  2 года назад +1

    🌟 My Free masterclass "How I got 4 Product Manager offers without applying online" would be very helpful for those of you wanting to become a product manager and landing interviews effectively. Register and find more information about it here: www.drnancyli.com/masterclass

  • @wangtianyuan
    @wangtianyuan 2 года назад +2

    Very clear video. I have been looking for this info for a few days, this is the most rubbish-free video one. Thank you!

  • @dantranblay
    @dantranblay Год назад +9

    As a PO I do most of what the PMs do I feel the role are more and more interchangeable, salary is pretty much the same here in Canada

    • @Abc20205
      @Abc20205 8 месяцев назад

      Hi, May I know what is the PO salary in Canada and in Netherlands (if you know by any chance)

    • @dantranblay
      @dantranblay 8 месяцев назад

      @@Abc20205 varies between 80,000 to 120,000 in Canada more or less

  • @jacquit.693
    @jacquit.693 2 года назад

    Great video!

  • @robinm.835
    @robinm.835 Год назад +13

    I´m sorry but the background music is way too loud... sadly wasn´t able to focus on the content :/

    • @yuqinding
      @yuqinding 12 дней назад

      Agreed the background is too loud and noisy. I could not focus and then had to leave.

  • @vm18costa
    @vm18costa 2 года назад

    Awesome video!ty

  • @valeriodeprosperi4512
    @valeriodeprosperi4512 2 года назад

    Great video very helpful👍

  • @un90210
    @un90210 Год назад +2

    The background music makes really really hard to understand what you are saying.

  • @svetanzrus
    @svetanzrus 2 года назад +1

    Sometimes there's a PM and PO for the same product. How would the sharing of the prioritization of the backlog work?

    • @DrNancyLi
      @DrNancyLi  2 года назад +5

      Hi Lana, PO will lead the prioritization of the backlog which is engineering-focused stories. PM can give high-level feature prioritization when work with PO to break it down to engineering-facing user stories. Does it help?

  • @JedBreed
    @JedBreed 2 года назад

    Ah I thought product owner was higher level than product manager. Thanks for clarifying!

    • @DrNancyLi
      @DrNancyLi  2 года назад

      Yep! I thought the same when I started my PM career 5 years ago.

  • @nishantthaccker1173
    @nishantthaccker1173 9 месяцев назад

    You mentioned the Agile golden triangle (Scrum master, PO & Dev.). Is there no place for a Business Analyst on Agile teams ? Is PO going to be the one writing user stories etc. entirely if there is no BA ?

    • @DrNancyLi
      @DrNancyLi  9 месяцев назад

      In the formal agile team, there is no BA and P.O. writes requirements. However a lot of BA already wrote requirements and can be considered as PM functions. That’s a perfect role to transition to PM.

  • @CBKongJunHao
    @CBKongJunHao 6 месяцев назад

    Hi dr nancy, may i know the current rate of a entry level PO? hw much will be paid? and what are the skillset/certifiacte that needed to increase my value in this role? any recommendation on this?

    • @DrNancyLi
      @DrNancyLi  6 месяцев назад

      $100k/year for nonFAANG company

    • @DrNancyLi
      @DrNancyLi  6 месяцев назад

      See all the 6 skills here 6 Essential Skills to Become a Product Manager FAST!
      ruclips.net/video/M-OU_ImlQPw/видео.html

  • @manjunathams8865
    @manjunathams8865 6 месяцев назад

    Nice video. I have a question. I have been working as senior consultant in IT space. I have handled roles and responsibilities of business analyst, part time product owner. Now I have earned my PMP too. So which career path should I choose? Product owner or Product Manager? In India, it is very hard to find associate level product manager role. Please guide me! Thank you.

    • @DrNancyLi
      @DrNancyLi  6 месяцев назад

      Go for product manager

  • @tigerrx7
    @tigerrx7 2 года назад +1

    My job title says Sr Product Manager but they call me product owner internally lol smh

    • @DrNancyLi
      @DrNancyLi  2 года назад +1

      Different company has different culture

  • @akramalhaddad3718
    @akramalhaddad3718 2 месяца назад

    nice video but the music is too loud

    • @DrNancyLi
      @DrNancyLi  2 месяца назад

      Thank you for sharing your feedback with me, I truly appreciate it. By the way, I would like to invite you to check out my latest video, where I talk about how someone with an arts background can transition to product management. Feel free to check it out here: ruclips.net/video/xMvXHET6YSk/видео.html
      Also, I wanted to take a moment to thank you for your ongoing support of my channel. If you happen to know any aspiring PMs who might benefit from my content, please don't hesitate to forward it along to them. I'm always looking to help others succeed in their careers.

  • @novanoskillz4151
    @novanoskillz4151 2 месяца назад

    i cant hear you over the music

    • @DrNancyLi
      @DrNancyLi  Месяц назад

      So sorry about that and thank you for your feedback. We continuously working on improving our contents over the years. You can DM me directly on LinkedIn so I can assist you further. My LinkedIn should be in every video description of my channel. Thank you!

  • @user-gz1my9rd7w
    @user-gz1my9rd7w 3 месяца назад

    the music is high (((

    • @DrNancyLi
      @DrNancyLi  3 месяца назад

      Thank you for the feedback.

  • @mr.tvorch
    @mr.tvorch 3 месяца назад

    Bad microfon and loud bg music.

    • @DrNancyLi
      @DrNancyLi  2 месяца назад

      Thank you for sharing your feedback with me, I truly appreciate it. By the way, I would like to invite you to check out my latest video, where I talk about how someone with an arts background can transition to product management. Feel free to check it out here: ruclips.net/video/xMvXHET6YSk/видео.html
      Also, I wanted to take a moment to thank you for your ongoing support of my channel. If you happen to know any aspiring PMs who might benefit from my content, please don't hesitate to forward it along to them. I'm always looking to help others succeed in their careers.

  • @RS-qj5xv
    @RS-qj5xv 2 года назад +1

    You
    Should stop with silly things you Do,like u r trying to
    Impress kindergartners. Respect
    Adults who
    Come here to learn from you and cut the silly act. No body needs that. Then may be u can get people to watch ur video without fringing

    • @ssissigui8846
      @ssissigui8846 2 года назад +4

      You could also give feedback without being an a**hole. Just saying 🤷🏾‍♀️

    • @kenzoebong4180
      @kenzoebong4180 Год назад +5

      Lol it’s called being entertaining jeez she’s not putting out content for robots

    • @GregoryChusom
      @GregoryChusom 3 месяца назад

      you are depressing, go and make your own video and upload it to youtube if you have the confidence to even show your face

  • @svetanzrus
    @svetanzrus 2 года назад +1

    Sometimes there's a PM and PO for the same product. How would the sharing of the prioritization of the backlog work?

    • @DrNancyLi
      @DrNancyLi  2 года назад +2

      Hi Lana, PO will lead the prioritization of the backlog which is engineering-focused stories. PM can give high-level feature prioritization when work with PO to break it down to engineering-facing user stories. Does it help?