Explore the role of product owners, their potential career progression, job growth forecasts and insight into the levels of seniority in the world of product management.
What is the next step after product owner?
The position that oversees and manages product managers in an organization is called a product director or director of product management. In small businesses, you can succeed as the product owner or senior product owner and immediately advance to the position of product director.
What is higher than a product owner?
The product manager is more senior than the product owner in a traditional hierarchy. For example, the PM is in direct contact with executives and stakeholders, while the PO usually isn’t, making the product manager more influential on overall business objectives.
What is the job forecast for a product owner?
Product owner job growth summary. The projected product owner job growth rate is 10% from 2018-2028. About 33,700 new jobs for accountants are projected over the next decade. Product owner salaries have increased 8% for product owners in the last 5 years.
What are the seniority levels for product owners?
Some companies have defined a career development path for PO’s using four seniority levels – Junior, Regular, Senior and Expert.