Product management has become one of the most strategic roles in organizations. The role works to shape the products by which a company is built and defined. Whether an emerging tech startup or a multibillion-dollar corporation, product managers are the conduit through which customer needs are translated into market strategies and then onto the journeys from concept to launch. Despite this growing importance and relevance, one aspect remains roughly the same: the number of women in the role.
Despite the many efforts made in many sectors, women are still underrepresented in product management. That is not only a consequence of the prevailing gender imbalance in leadership roles but it also represents an opportunity to innovate and grow. There are so many academic articles which have come to prove that diverse groups outperform when they suggest more innovative solutions and ensure stronger business outcomes. However, some challenges prevent women entering or advancing into the product management position in a unique way.
This blog will discuss why there is a gender gap in product management, why it is important to have more women in these roles, and introduce some of the key women who are making a significant impact in the field today. We hope that by understanding the barriers and highlighting the accomplishments of women in product management, we can demonstrate why closing this gap is not only necessary but also beneficial for everyone—businesses, teams, and users alike.
Let’s start by examining why product management has so few women, then move on to explore the need for greater representation and celebrate the women leading the way in this critical field.
While strides have been made in many sectors to close gender gaps, product management still sees fewer women compared to other fields. Several key factors contribute to this imbalance.
In such perception of work-life imbalance, women with caregiving responsibilities will avoid or not attempt to stay in product management careers.
Encouraging more women into product management roles isn’t just a matter of fairness—it’s about improving business outcomes. Diverse teams are more creative, and empathetic, and perform better. Here are a few reasons why women in product management are crucial for both companies and customers.
While women are underrepresented in product management, many have risen to prominence and have become influential figures in the field. Here are six women who are making significant contributions and should be followed for their insights and leadership:
There are several reasons, including traditional gender roles, fewer role models, workplace bias, and the difficulty of balancing work-life responsibilities. These factors combine to make it harder for women to enter and thrive in the field.
Women bring diverse perspectives, empathy for users, and a collaborative leadership style that leads to more innovative products and better decision-making. This can help companies perform better overall.
Women often face unconscious bias in hiring and promotions, limited mentorship opportunities, and work-life balance pressures. These challenges can hinder their growth in the field.
Companies can foster a more inclusive environment by offering mentorship programs, promoting work-life balance, and eliminating unconscious bias in hiring and promotions.
Influential women in the field include Elaine Chao, Ellen Chisa, JJ Rorie, Merci Victoria Grace, Julie Zhuo, and Melissa Perri. Each of these women has made significant contributions to the world of product management and serves as a role model for aspiring product managers.
Dr. Manohar Rao: EX.Director| RainMan Consulting Pvt. Ltd.