Stakeholder Administration for Product Managers
Greater than 20 years in the past, tech entrepreneur and enterprise capitalist Ben Horowitz wrote {that a} good product supervisor is the CEO of the product. Many product managers disagree with this analogy, however it has some fact.
Senior product managers typically kind sturdy relationships with the C-suite as they navigate transitional states, undefined aims, and competing stakeholders. A product supervisor’s knack for readability is pivotal in instances of change when CEOs are more vulnerable. In these moments, stress from boards and pushback from workers can thwart strategic transformation, risking income and careers. By contracting a generalist product supervisor to handle relationships with stakeholders, CEOs can achieve operational insights and buy-in for merchandise and initiatives in any respect ranges of a corporation.

Why Product Managers Make Nice Deputies
Everybody likes a product supervisor. Or, at the least, nobody is threatened by them. That’s as a result of product managers don’t have any authority outdoors of the product workforce. Their intention is to make sure the product roadmap solves compelling issues and addresses consumer priorities. To do this, they need to research the ins and outs of every enterprise unit, constructing rapport alongside the best way.
Consequently, stakeholders really feel secure answering questions that would expose vulnerabilities or trigger misunderstandings. For instance, one among my shoppers, a for-profit college group, was acquired in a leveraged buyout, and the brand new board ordered workers to digitize decades-old processes. However the board’s steerage was imprecise and didn’t make sense in each situation, main some stakeholders to disregard directives or quietly improvise their very own workflows. Had this been found, management would have penalized these stakeholders for going off-script. However their habits was a practical response to systemic issues that they had no authority to remove. I documented these top-down issues, not the stakeholder workarounds, as critical ache factors we would have liked to resolve.
A product supervisor makes use of cultural data to map the corporate’s de facto processes, then shares problem-solving suggestions with the C-suite. Right here’s how they go about it.
How Product Managers Method Key Stakeholders
An skilled product supervisor will construct rapport with stakeholders to establish issues firstly of a venture, negotiate options to these issues, and make sure that the options are viable. This course of requires a sequence of steps that leverage the product supervisor’s gentle abilities and a broad array of arduous abilities.
Listening
At first of a venture, the product supervisor will maintain one-on-one conferences to permit stakeholders to talk freely about their ache factors with out the chance of retaliation. If there isn’t time to satisfy with each stakeholder, the product supervisor will goal a subset with probably the most affect. These stakeholders are sometimes long-tenured managers or contributors who perceive the group’s structural points and function mentors to their colleagues.
Subsequent, the product supervisor will divide groups into small dialogue teams to find out how they operate. Holding these conferences small ensures that people really feel snug airing grievances, options, or anxieties. By the top of the listening section, the product supervisor can have captured essential particulars about every stakeholder’s workflow and constraints.
Mapping
The product supervisor will then use a instrument like Miro or diagrams.net to map relational workflows, knowledge constructions, and organizational dependencies to launch additional dialogue with stakeholders. This map introduces management to on-the-ground realities and exhibits employees that different colleagues share their roadblocks and aims. The map additionally facilitates the roadmapping course of in a while, serving to to establish recognized and unknown dangers to the group, from counterproductive workflows to looming disruptions that would have an effect on wholesome enterprise items.
At this level, some contract product managers will ship a tidy abstract and a few handsome slides earlier than signing off for good. This isn’t who you need to rent. An excellent generalist product supervisor will stick round to collaborate on stakeholder-led options that work and hand off day-to-day troubleshooting to an in-house product supervisor as soon as the venture is working easily.
Partaking
After drawing the map, the product supervisor will begin problem-solving, beginning with every stakeholder’s most simple ache factors. This train ought to yield instant advantages for the group at giant. Nonetheless, do not forget that the product supervisor mustn’t get too embedded inside a specific enterprise operate, or they threat turning into a part of the dysfunction they’re making an attempt to resolve.
As an alternative, the product supervisor ought to set up bigger, cross-functional tasks and implement information-sharing processes to preempt siloing and friction. The product supervisor might choose representatives from every related enterprise unit (typically gifted however underutilized workforce members) to collaborate on the venture.
Suppose gross sales and advertising and marketing want higher alignment. On this case, the product supervisor may maintain a weekly working group with one marketer and one gross sales consultant to prepare their groups’ aims and processes and consider new buyer relationship administration (CRM) methods. These representatives would then report their findings to their respective groups.
Mediating
Mediating amongst stakeholders is probably the most delicate however rewarding stage for product managers. Methods might fluctuate, however my strategy to mediation is easy:
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Set up a gathering and embrace all stakeholders who will use or be affected by the product. The invite listing ought to embrace the features that different stakeholders are inclined to overlook when planning main modifications. These features fluctuate between organizations however typically embrace customer support, human sources, or finance. Extending invites to as many stakeholders as doable ensures that nobody derails the product out of self-interest, or fails to undertake the answer in favor of again channels.
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Primarily based on the assembly notes, draw a tough map of the features’ overlapping and competing pursuits and priorities to seek out factors of commonality and battle.
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Foyer every workforce by figuring out the way it will profit from an initiative. If a workforce sees no upside to tasks that inconvenience it, it would decide out or resist. Say the CRM working group decides the engineers should replace the present platform to include new lead era instruments for the gross sales workforce. The ensuing disruption may final for months and closely affect advertising and marketing’s efficiency. To get advertising and marketing’s buy-in, the product supervisor should clarify the long-term benefits to the advertising and marketing workforce, equivalent to improved automation options.
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Reconvene the stakeholders and provide one or two artistic alternate options to the primary proposal in case it fails to achieve consensus. If stakeholders can’t agree on an answer, the product supervisor ought to choose one and clarify why it’s the best choice.
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Repeat conferences with particular person stakeholders to solicit suggestions and clarify the plan’s affect on them and their groups. The objective is to have blunt discussions that the product supervisor can use to craft a compromise.
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Define an motion plan and guarantee stakeholders perceive that their ideas and time are very important and can generate worth for the group.
On the finish of this course of, stakeholders will view the product supervisor as a pleasant mediator and begin involving them in common data exchanges. Product managers in a position to work throughout features and with many stakeholders can assist remove inefficiencies and silos all through the corporate.

How CEOs Get Misplaced within the Company Fog
The “fog of warfare” is a time period derived from the treatise On Battle by Prussian navy strategist Carl von Clausewitz. It refers back to the necessity of constructing operational selections with incomplete data. This fog additionally develops in altering organizations, equivalent to early-stage startups or extra established corporations within the throes of a scale-up or digital transformation. Activist boards demand quick results, whereas anxious workers resist change, struggle over sources, or withhold data from management and each other. In the meantime, new practical overlaps and unexpected dependencies add complexity, deepening the chaos.
Within the case of the college group consumer I discussed earlier, educators, directors, and employees have been gradual to implement new processes as a result of the processes have been complicated or ill-suited for a particular context. When the board’s new imaginative and prescient didn’t manifest rapidly, it fired the CEO. By the point I arrived, the board had changed your entire C-suite twice in a single 12 months, to little impact.
Executives are sometimes too busy managing direct stories and board expectations to observe operational trivia. When efficiency lags, they could exert broad stress, worsening fissures and dysfunction inside the firm. An skilled product supervisor can break this vicious cycle by exploring all ranges of the group, gathering data, and organizing initiatives.
Product Managers Are Allies, Not Opponents
After the CEO, the senior product supervisor has probably the most important transverse function inside an organization, establishing webs of relationships and influencing tradition and strategic path. This affect can appear threatening to CEOs, significantly if the product supervisor strays out of their lane. For instance, an overenthusiastic product supervisor may counsel altering the corporate’s technique or suggest initiatives outdoors the scope of their task. The stress of heading off a rogue product supervisor can lead CEOs to micromanage, slowing decision-making and lowering autonomy all through the group.
CEOs and different C-suiters ought to do not forget that it’s unlikely a wayward product supervisor has ulterior motives. Whereas the job does have some gentle talent overlap with the CEO and even the COO, it lacks lots of the calls for of these roles. Product managers don’t take care of traders or the press like a CEO, or payroll and hiring like a COO, and that’s a part of the function’s enchantment. However, finally, belief will rely upon the distinctive relationship between the CEO and product supervisor, significantly in smaller corporations. Abilities and expertise are vital when evaluating a product supervisor, however belief will make the distinction between a counterproductive energy wrestle and a transformative collaboration.