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

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Dr. Nancy Li - Director of Product

Dr. Nancy Li - Director of Product

Күн бұрын

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
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Пікірлер: 40
@DrNancyLi
@DrNancyLi 2 жыл бұрын
🌟 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 жыл бұрын
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 Жыл бұрын
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 ай бұрын
Hi, May I know what is the PO salary in Canada and in Netherlands (if you know by any chance)
@dantranblay
@dantranblay 8 ай бұрын
@@Abc20205 varies between 80,000 to 120,000 in Canada more or less
@un90210
@un90210 Жыл бұрын
The background music makes really really hard to understand what you are saying.
@jacquit.693
@jacquit.693 2 жыл бұрын
Great video!
@robinm.835
@robinm.835 Жыл бұрын
I´m sorry but the background music is way too loud... sadly wasn´t able to focus on the content :/
@yuqinding
@yuqinding 24 күн бұрын
Agreed the background is too loud and noisy. I could not focus and then had to leave.
@vm18costa
@vm18costa 2 жыл бұрын
Awesome video!ty
@DrNancyLi
@DrNancyLi 2 жыл бұрын
Thanks
@valeriodeprosperi4512
@valeriodeprosperi4512 2 жыл бұрын
Great video very helpful👍
@DrNancyLi
@DrNancyLi 2 жыл бұрын
Thanks!
@svetanzrus
@svetanzrus 2 жыл бұрын
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 жыл бұрын
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?
@nishantthaccker1173
@nishantthaccker1173 10 ай бұрын
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 10 ай бұрын
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.
@JedBreed
@JedBreed 2 жыл бұрын
Ah I thought product owner was higher level than product manager. Thanks for clarifying!
@DrNancyLi
@DrNancyLi 2 жыл бұрын
Yep! I thought the same when I started my PM career 5 years ago.
@CBKongJunHao
@CBKongJunHao 7 ай бұрын
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 7 ай бұрын
$100k/year for nonFAANG company
@DrNancyLi
@DrNancyLi 7 ай бұрын
See all the 6 skills here 6 Essential Skills to Become a Product Manager FAST! kzfaq.info/get/bejne/g5N_iMJ60tK1gKs.html
@manjunathams8865
@manjunathams8865 6 ай бұрын
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 ай бұрын
Go for product manager
@tigerrx7
@tigerrx7 2 жыл бұрын
My job title says Sr Product Manager but they call me product owner internally lol smh
@DrNancyLi
@DrNancyLi 2 жыл бұрын
Different company has different culture
@akramalhaddad3718
@akramalhaddad3718 2 ай бұрын
nice video but the music is too loud
@DrNancyLi
@DrNancyLi 2 ай бұрын
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: kzfaq.info/get/bejne/rrOmi6t2uZy9g58.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 3 ай бұрын
i cant hear you over the music
@DrNancyLi
@DrNancyLi 2 ай бұрын
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 4 ай бұрын
the music is high (((
@DrNancyLi
@DrNancyLi 3 ай бұрын
Thank you for the feedback.
@mr.tvorch
@mr.tvorch 3 ай бұрын
Bad microfon and loud bg music.
@DrNancyLi
@DrNancyLi 2 ай бұрын
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: kzfaq.info/get/bejne/rrOmi6t2uZy9g58.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 жыл бұрын
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 жыл бұрын
You could also give feedback without being an a**hole. Just saying 🤷🏾‍♀️
@kenzoebong4180
@kenzoebong4180 Жыл бұрын
Lol it’s called being entertaining jeez she’s not putting out content for robots
@GregoryChusom
@GregoryChusom 3 ай бұрын
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 жыл бұрын
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 жыл бұрын
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?
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