What is the purpose of a 30-60-90 Plan?
- A 30-60-90 days plan for a Product Manager outlines the key objectives and actions they should focus on during their first three months in a new role
- Such a plan ensures a Product Manager can quickly become effective in their new role while laying a strong foundation for long-term success
How is the Plan typically divided?
- 30 Days - Learn and Integrate
- Goal: Understand the company, its products, processes, and team dynamics
- Actions:
- Company Overview: Learn about the company’s mission, vision, and culture. Understand the organizational structure and key stakeholders
- Product Familiarization: Deep dive into the product(s) you’ll be managing. Review product documentation, current roadmaps, and performance metrics
- Market Research: Understand the market, customer personas, and competitors. Analyze current customer feedback and pain points
- Team Integration: Meet with key team members (engineering, design, marketing, sales, customer support). Learn about their roles and how they interact with the product
- Tools and Processes: Get up to speed with the tools, methodologies, and processes the team uses (e.g., Agile, Scrum)
- Quick Wins: Identify any small, immediate improvements that can build credibility
- 60 Days - Plan and Strategize
- Goal: Start contributing by refining product strategies and setting short-term objectives
- Actions:
- Refine Product Vision: Work on refining the product vision and strategy based on your learnings. Align it with the company's goals
- Set Priorities: Identify key priorities for the product. Begin outlining a more detailed product roadmap and development plan
- Engage Stakeholders: Start involving stakeholders in the planning process. Ensure alignment with other teams (e.g., marketing, sales) on upcoming initiatives
- Customer Interaction: Engage with customers (through interviews, surveys, or support tickets) to gather deeper insights
- Metrics and KPIs: Identify and establish key metrics and KPIs that will be used to measure product success
- Address Challenges: Start addressing any significant challenges or bottlenecks identified in the first 30 days
- 90 Days - Execute and Optimize
- Goal: Begin executing the strategy, making impactful contributions, and optimizing processes
- Actions:
- Launch Initiatives: Begin executing the product roadmap. Launch the first set of features or improvements
- Monitor Progress: Regularly review progress against the established KPIs and metrics. Adjust the plan as needed based on early feedback and performance
- Iterate: Continue to iterate on the product based on feedback, data, and changing market conditions
- Team Collaboration: Foster a strong, collaborative environment within the product team. Ensure cross-functional alignment and clear communication channels
- Long-term Planning: Start thinking about the next 6-12 months. Begin outlining a long-term vision and strategy for the product
- Review and Reflect: At the end of the 90 days, review your accomplishments, assess what worked and what didn’t, and plan next steps accordingly
Note: these are the general lines, but for every specific role perform the appropriate adjustments.