Adventures in P&L - P&L ownership for Product Managers
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What does it mean for a Product Manager to truly own P&L? Is that possible when you don't really control development costs, or discounting via channels? Are product mgrs tuly managers of P&L or destined only to "observe and report"? Join me in an interactive discussion about "adventures in P&L" - common scenarios that test the theory of P&L ownership and creative ways to address them.
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Adventures in P&L - P&L ownership for Product Managers
- 1. Adventures in P&L Navin Ganeshan, Product Strategy, Network Solutions
- 2. P&L “Ownership” Who owns P&L? Product Mgmt? Marketing? GM? CxO? Who impacts P&L? Product Mgmt Marketing Engineering Partner/channels Service/Support
- 4. What is goal/acceptable threshold? (ask your CFO)
- 5. Beyond margins, what are “earners” vs strategic plays?
- 6. How often do you need to measure?
- 8. What you can do Monitor cost drivers Understand (and negotiate!) cost allocation – your financial analyst is your new BFF Agree on overarching “neutral” goals – customer value, strategic goals etc Provide guidance on pricing ranges within channels