Unveiling the possible career pathways in product management: exploring the roles, responsibilities, and potential earning prospects of product owners and product managers.
Do Product Owners become product managers?
Yes, a product owner and product manager can be the same person. The roles certainly share many responsibilities and goals. This is why, as Roman Pilcher mentions, it makes sense that for many companies one person fulfills the needs of both roles and uses the scrum product owner as an agile product manager.
Is a product owner a senior role?
A product owner is a role and not a title. Often, a product owner will be a senior product manager or director. In some cases, the product owner is the CEO of the start-up or venture. In my experience, it is always useful to focus on the development of expertise within the Product Owner role rather than the title.
What is the next level after product owner?
Product Manager product owner, one thing is clear: The product manager is a higher title/role than a product owner: A product manager is someone who drives and manages the long-term strategy of the product(s) and isn’t just focused on value maximization. The position is more strategic and holistic in nature.
Do product managers make more than Product Owners?
Talking of Product Owner vs Product Manager salary, the latter one will make more than Product Owners. They’ll have an average salary of around $102,473 per year, whereas the product owners earn about $98,113. However, their difference in pay will depend on the experience and type of employment in the company.