The Product Manager plays a crucial role in any company. They are responsible for managing the priorities and tasks of an organization’s products, working with all other departments to ensure that a product meets its goals while staying within budget. This person should have skills in both marketing and engineering as well as strong leadership capabilities. With such a diverse set of knowledge, it can be difficult to find someone who has these qualities but also knows how to recruit the right talent for your team. If you’re having trouble finding Product Managers for your company, consider outsourcing product manager recruiting to a third-party recruiter. Here are three reasons why Product Manager recruiting will benefit your organization:
1. You Can Free Up Time for Product Managers to Focus on Product Management Tasks
With Product Manager recruiting handled by a third party, Product Managers can focus on what they do best: Product Management. Product Managers are not typically strong recruiters, so Product Manager recruiting will often take up time that Product Managers could be spending on Product Management. Product Managers should always focus on the product itself rather than the people creating it.
As Product Managers continue to handle all aspects of product management, regardless of how skilled they may be in Product Manager recruiting, they do not have time to develop their products or even engage with product development. After Product Manager recruiting, Product Managers will have the opportunity to focus on product design and build their product without worrying about Product Management tasks or even hiring Product Managers themselves.
When you outsource your Product Manager in recruiting, you ensure that Product Managers have the time they need to focus on what matters: managing their product.
2. You'll Find the Right Product Manager for Your Organization within a Shorter Amount of Time
It takes an average of about 50 hours per week to recruit Product Managers and conduct interviews. Outsourcing this task will save you valuable hours that Product Managers could spend doing more important things like designing products and conducting market research. Product Manager recruiting takes about 20-25 hours per week when outsourced, meaning that hiring will take half as long as it would under normal circumstances.
When you outsource Product Manager recruiting, Product Managers can focus on finding Product Managers who will fit into an organization’s culture and staff instead of wasting time conducting interviews themselves. This means that Product Managers can find Product Managers who not only have similar work backgrounds but also think similarly about product design and marketing strategy. This ease of communication will make Product Managers more productive and start product development off on the right foot.
3. You'll Save Money by Staying within Your Budget
Hiring Product Managers on your own would require you to find Product Managers that fall into a salary range that you can afford. It can be more costly than the Product Manager recruiting fees of outsourcing Product Manager recruiting to a third party. This ensures Product Managers have time to do what they really need to do: develop products and create marketing strategies for new products.
Product Manager recruiting can be expensive and time-consuming. As Product Managers are typically not skilled at Product Manager recruiting, Product Manager recruiters will need to devote considerable time and resources to finding the right Product Managers for your organization. An added benefit of Product Manager recruiting is that Product Managers who work closely with recruiters generate contacts within the industry and often find themselves hiring their Product Management replacements when they move on to new positions or even companies. Product Managers who have Product Manager recruiting experience are often considered invaluable to a company, and Product Managers who have Product Manager recruiting experience at numerous other companies will be able to command high salaries from prospective employers.
In addition, product managers must meet specific criteria that include understanding Product Management, marketing, engineering, and other related fields as well as leadership skills. This knowledge is not typically found in Product Managers, which means the Product Manager recruiter must process extensive amounts of resumes and hold several interviews before hiring product managers for your organization. While you could hire a Product Manager based on his or her resume alone without any additional meetings, the investment in time and money may outweigh the benefits if your organization cannot find a qualified Product Manager this way.
When handing Product Manager recruiting off to a Product Manager recruiter, you can ensure that your Product Managers’ time is spent productively, and Product Managers do not need to spend their valuable time hiring Product Managers.
Conclusion
We know it’s difficult to recruit for a Product Manager role, so you’ll want to do everything in your power to find the best candidate. After all, recruiting is an integral part of your business, and finding someone who will perform at their highest level from day one should be a top priority! When you outsource this task through a third-party recruiter with experience working within this field, you’re going to have a much better success rate because they understand what it takes to find good talent that matches up with your company culture. You can even save time and money by hiring them as well since they are often cheaper than hiring just a regular employee. If these 3 reasons convince you not only to hire but also outsource your Product Manager in recruiting, please contact Palarino Partners today!
