There is no easy answer when it comes to predicting the future of any given career, but we can look at the trends to get a general idea of where things are headed. As far as product management is concerned, the future looks bright. Here are a few reasons why:
- The role of product manager is becoming more prominent and influential.
As the world increasingly goes digital, the need for skilled product managers is only going to grow. Companies are starting to realize that the success or failure of their product depends largely on the product manager. As a result, product managers are gaining more visibility and responsibility within organizations.
- The demand for product managers is outpacing the supply.
There are more companies trying to hire product managers than there are qualified candidates. This creates a seller's market for product management jobs, which means that salaries and other benefits are likely to continue to increase.
- The skills required for product management are in high demand.
Product managers need to have a unique blend of skills, including technical knowledge, business acumen, and people skills. This combination of skills is in high demand and will continue to be so as the world goes increasingly digital.
Overall, the future looks bright for product managers. The role is becoming more prominent and influential, the demand for product managers is outpacing the supply, and the skills required for the job are in high demand. If you're considering a career in product management, 2022 is shaping up to be a great time to get started.