The Over-confident Product Manager
The Blackblot PMTK Methdology™ views the Product Manager as a highly strategic role responsible for managing the market problem that the product solves.
The PMTK product manager is a market expert who relentlessly studies the market, gaining as much knowledge as possible in the three Cs:
Customers, Competitors, and the Complementary (regulation, distribution, trends, etc.).
However, knowing a lot can sometimes lead a person to believe they overwhelmingly have the correct answer, most of the time.
They believe that by now, they know enough or more than enough.
This belief creates an underlying problem of an over-confident product manager.
These product managers will cease the ongoing, real-time market research and learning which is at the heart of product management.
When product managers believe themselves to know the answer, they claim that the decision is correct because they have several years of experience.
The quality of product decisions could drop.
Product managers should never cease to build their domain expertise through prolonged experience and continuous learning.
Never stop maintaining your enhancing domain expertise, and be wary of making product decisions based on feelings and intuition.