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(USA) Product Manager III - job 2 of 4

Position Summary... What you'll do... Data Driven Product Decisions: Requires knowledge of: Product and feature analytics; Data analysis tools and techniques; Research for analysis activities; Documentation procedures (for example, data logs); Modern industry practices and emerging trends. To support data analytics for a product/feature. Supports data collection and evaluation within assigned areas (for example, acquisition cost, conversion rate, adoption, active users, feature usage, user churn, net promoter score, satisfaction, lifetime value).Driving Customer/ Client Needs :Requires knowledge of:Customer and business problems; Design thinking; Dependencies and impacts on product processes/ways of working; Journey mapping; Process optimization; Communication and influencing techniques.To understand critical customer needs and preferences. Continuously seeks and analyzes user feedback for product improvement. Identifies possible process improvements to reduce turnaround times and enhance customer experiences.Product Roadmap and Development:Requires knowledge of:Product roadmap development techniques; Roadmap presentation; Roadmap features and items; Project management techniques; Modern business practice (for example, Agile methodologies, Scrum); Minimum Viable Product (MVP) creation; Product development lifecycles; Product development concepts (for example, "Crossing the Chasm")To contribute to roadmaps for a feature/single product with guidance. Assists in identifying product requirements (PRD) and feature prioritization. Demonstrates awareness of backlog/priority tradeoffs and an ability to navigate through constraints. Supports product rollout and scaling.Product Vision and Strategy:Requires knowledge of:Problem formulation and solutioning; Hypothesis framing; Business strategies; Business management practices across multiple domains; Customer segments and needs; Domain-specific knowledge; "Go to Market" strategies; Industry, environmental, and economic factors and competitors; Product discovery process, product vision, product strategy and challenges; Rapid prototyping and Lean experimentation methodologies; Concepts of "First Principle," "Whole Product," and "Crossing the Chasm" .To comprehend and solve simple customer problems/needs using the concept of First Principle. Supports of the identification of value creation and Lifetime Value of the product. Demonstrates awareness of problem statements, hypotheses, and prototypes. Demonstrates awareness of assumption testing, validation approaches (for example, paper prototypes, mockups, POC), and the evaluation of results.Influencing and Building Stakeholder Consensus :Requires knowledge of:Verbal/non-verbal behaviors ; Application and allocation of business communication styles/techniques in ambiguous and challenging situations; Situational awareness; Elements of Emotional Intelligence and Influencing Styles; Communication channels/mediums; Interpersonal skills and universal relationship building.To communicate in one-to-one/stakeholder meetings involving one-two teams. Proactively builds professional network. Articulates results/recommendations. Actively listens to others and acknowledges different technical perspectives and connects to the product/technology in development.Technology Orientation:Requires knowledge of:Competitive technology landscapes; Existing portfolio of enterprise systems, technologies, services, and architecture; Common PaaS and IaaS technologies and environments; Software quality assurance methodologies, tools, processes, and checkpoints; Emerging technology and industry trends; Product and technology innovation.To demonstrate a basic understanding of privacy and security (InfoSec) policies and process. Demonstrates awareness of basic quality measures. Demonstrates a basic understanding of technology landscapes. Demonstrates awareness of enterprise technology/platform components. Demonstrates knowledge of market segments and technology trends.In-Depth Domain Expertise :Requires knowledge of:Domain-specific methodologies, tools, and processes; Domain-specific products; Domain specific best practices; Domain-specific market standards in product/platform architectureTo demonstrate awareness of various principles, ways of working, and subdomain-specific terminologies. Compares the maturity of products, services, and processes within the subdomain with others in the industry. Identifies gaps across subdomains and reports gaps for potential innovation opportunities. Demonstrates awareness of new processes and automation techniques used within the domain across industries.Coordinates, completes, and oversees job-related activities and assignments by developing and maintaining relationships with key stakeholders; supporting plans and initiatives to meet customer and business needs; identifying and communicating goals and objectives; building accountability for and measuring progress in achieving results; identifying and addressing improvement opportunities; and demonstrating adaptability and promoting continuous learning.Provides supervision and development opportunities for associates by hiring and training; mentoring; assigning duties; providing recognition; and ensuring diversity awareness.Ensures compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity by implementing related action plans; utilizing and supporting the Open Door Policy; and providing direction and guidance on applying these in executing business processes and practices.Live our Values - Culture Champion - Models the Walmart values to foster our culture; holds oneself and others accountable; and supports Walmart's commitment to communities, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance.Live our Values - Servant Leadership - Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent.Embrace Change - Curiosity & Courage - Demonstrates curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking; and exhibits resilience in the face of setbacks.Embrace Change - Digital Transformation & Change - Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working.Deliver for the Customer - Customer Focus - Delivers expected business results while putting the customer first and consistently applying an omnimerchant mindset and the EDLP and EDLC business models to all plans.Deliver for the Customer - Strategic Thinking - Adopts a holistic perspective that considers data, analytics, customer insights, and different parts of the business when making plans and shaping the team's strategy.Focus on our Associates - Diversity, Equity & Inclusion - Embraces diversity in all its forms and actively supports diversity of ideas and perspectives, as well as diversity goal programs.Focus on our Associates - Collaboration & Influence - Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates with energy and positivity to motivate, influence, and inspire commitment and action.Focus on our Associates - Talent Management - Contributes to an environment allowing everyone to bring their best selves to work, demonstrates engagement and commitment to the team, and recognizes others' contributions and accomplishments.At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.For information about PTO, see https://one.walmart.com/notices .Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.For information about benefits and eligibility, see One.Walmart .The annual salary range for this position is $90,000.00-$180,000.00Additional compensation includes annual or quarterly performance bonuses.Additional compensation for certain positions may also include:- StockMinimum Qualifications...Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.Option 1: Bachelor's degree in computer science, engineering, or related area and 3 years' experience in product management. Option 2: 5 years' experience in product management or related area.Preferred Qualifications...Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.Master's degree in Computer Science, Engineering, Business Administration, or related area and 2 years' experience as a product manager, ideally working on consumer-facing, large-scale, highly complex B2B/C products, We value candidates with a background in creating inclusive digital experiences, demonstrating knowledge in implementing Web Content Accessibility Guidelines (WCAG) 2.2 AA standards, assistive technologies, and integrating digital accessibility seamlessly. The ideal candidate would have knowledge of accessibility best practices and join us as we continue to create accessible products and services following Walmart's accessibility standards and guidelines for supporting an inclusive culture.Masters: Business Administration, Masters: Computer Engineering, Masters: Computer SciencePrimary Location...2501 Se J St, Ste A, Bentonville, AR 72716-3724, United States of America
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What You Should Know About (USA) Product Manager III, Walmart

Join Walmart as a Product Manager III in Farmington, AR, where you can make a real difference in the world of product management! This role is not just about overseeing products but involves driving data-driven decisions that enhance customer experiences. You'll dive deep into analytics using various tools to assess key metrics like acquisition costs and user engagement. Your passion for understanding customer needs will shine as you gather insights through design thinking and journey mapping, allowing you to influence product direction effectively. At Walmart, you'll collaborate with diverse teams while crafting product roadmaps using Agile methodologies and ensuring seamless product development lifecycles. Your ability to communicate openly and build consensus will play a crucial role in guiding teams through challenging projects. Additionally, your technological savvy will help you navigate the competitive landscape and adapt to emerging trends. You'll not only provide supervision and development opportunities for your associates, but you will embrace Walmart's core values of community, integrity, and continuous improvement. This role offers competitive pay, performance bonuses, and comprehensive health benefits, including educational support through our Live Better U program. So, if you're ready to lead innovative product strategies and make a substantial impact on accessibility and inclusivity, this is your opportunity to shine with Walmart!

Frequently Asked Questions (FAQs) for (USA) Product Manager III Role at Walmart
What responsibilities does a Product Manager III at Walmart focus on?

As a Product Manager III at Walmart, you'll focus on data-driven product decisions, leveraging analytics to drive enhancements and improvements. Your responsibilities will include the creation of product roadmaps, collaborating with stakeholders to meet customer needs, and overseeing the product development lifecycle using Agile methodologies. You'll also be deeply involved in gathering user feedback to drive improvements, ensuring that the end product effectively meets customer expectations.

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What qualifications are necessary for the Product Manager III position at Walmart?

To be eligible for the Product Manager III position at Walmart, you typically need a bachelor’s degree in computer science, engineering, or a related field, along with at least three years of experience in product management. Alternatively, five years of relevant experience is also acceptable. Preferred qualifications include a master’s degree and experience in managing large-scale consumer-facing products, along with a strong focus on creating inclusive digital experiences.

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How does Walmart approach product development as a Product Manager III?

Walmart approaches product development through a strategic lens, utilizing Agile methodologies to ensure quick iterations and effective product rollouts. As a Product Manager III, you'll be responsible for defining product requirements, prioritizing features, and balancing stakeholder feedback. The role heavily emphasizes collaboration across teams, encouraging a culture of learning, customer-focus, and innovation to deliver impactful products.

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What are the key skills required for success as a Product Manager III at Walmart?

Success as a Product Manager III at Walmart requires a robust combination of analytical skills, effective communication, and technological knowledge. You’ll need to analyze data critically, communicate strategies and insights clearly with stakeholders, and showcase your ability to lead teams through challenges. Furthermore, expertise in understanding customer needs and driving inclusive digital experiences will be paramount.

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What benefits does Walmart offer for Product Manager III roles?

Walmart values its associates and offers a comprehensive benefits package for Product Manager III roles. This includes competitive salaries, performance-based bonuses, comprehensive health benefits like medical and dental coverage, a 401(k) plan, and paid time off. Additionally, Walmart invests in your education through the Live Better U program, providing support for ongoing learning and professional development.

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Common Interview Questions for (USA) Product Manager III
Can you describe your experience with product roadmapping and how you prioritize features?

In answering this question, focus on highlighting your systematic approach to product roadmapping. Discuss specific tools or methodologies you've used to prioritize features, such as MoSCoW or the Kano model. Showcase an example where your prioritization led to successful project outcomes and how you balanced stakeholder needs with user feedback.

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How do you handle customer feedback in the product management process?

Discuss your approach to actively seeking and integrating customer feedback into product development. Mention specific tools or methods you've used for gathering insights, such as surveys or usability testing, and how you translate that feedback into actionable product improvements that align with business goals.

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What techniques do you use for data analysis, and how can they inform product decisions?

Explain the data analysis tools and techniques you're familiar with, such as SQL or Google Analytics. Demonstrate how you leverage data to make informed product decisions by citing a specific example where analyzing metrics like user churn or satisfaction influenced your product strategy.

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How do you ensure cross-functional collaboration during product development?

Highlight your strategies for fostering collaboration across teams. Discuss your communication style and how you host regular check-ins or workshops to align expectations and gather input from different departments such as engineering, design, and marketing, ensuring a cohesive product development process.

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Can you share an example of a challenging product decision you made and its outcome?

Provide a detailed account of a challenging situation where you had to make a tough product decision. Discuss the factors influencing your choice, how you evaluated potential risks, and the ultimate outcome that resulted from that decision, demonstrating your analytical and strategic thinking skills.

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What methods do you use to stay updated on market trends relevant to your product?

Explain your approach to continuous learning by discussing resources you utilize to stay informed, such as industry publications, webinars, and networking with other professionals. Highlight how this knowledge helped you bring innovative ideas to your product management role.

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Describe a time when you had to persuade stakeholders to support a product initiative.

Share a specific instance where you successfully gained stakeholder buy-in. Focus on your persuasive communication techniques, showcasing how you presented data and customer insights to align their interests with your proposed initiative, leading to successful project authorization.

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How do you measure the success of the products you manage?

Discuss the key performance indicators (KPIs) you identify for products, such as user engagement, satisfaction metrics, conversion rates, and ROI. Provide an example of a product you managed and elaborate on how you tracked its success using these KPIs and adjusted your strategy accordingly.

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What is your experience with Agile methodologies in product management?

Share your experience working within Agile frameworks, detailing methodologies like Scrum or Kanban you’ve implemented. Focus on how utilizing these methodologies improved your team’s productivity and led to quicker product releases.

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How do you incorporate accessibility considerations into product development?

Discuss your understanding of accessibility standards, particularly the WCAG guidelines. Share examples of how you've integrated accessibility features into products, ensuring inclusivity and enhancing user experiences for all demographics.

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