[codingdave]

> Product doesn't deal with budgets, profits, markets.

This is different at every organization. I have seen companies that make PMs 100% about profit and market, who then delegate everything else down to others. I've seen ones who work exactly as you describe. And I've seen one where Product manager == Jira monkey.

Based on my experience, while there is a lot of variety, most PMs do worry about the markets and profits as part of their job, even though other teams do the actual sales and marketing. Those concerns are part of understanding the product - who is the market, what are they willing to pay, what monetary value aligns with the solution value. Those answers help drive decisions on roadmap prioritization.

[muzani]

I took a good look at the term as used in many companies, and it seems that your definition is more accurate than mine.