Unlocking the Power of Data for Product Management


In today’s digital age, data has become a powerful tool that can drive the success of a product. As a product manager, it is crucial to understand the value of data science and how it can guide your product decisions. In this article, we will explore the reasons why learning data science is essential for product management.

Data and Product Intuition

Product intuition can only take you so far. While your gut feelings and judgments may help in making decisions, data literacy can provide you with faster and more confident insights. Data can guide your product in the right direction, helping you make informed decisions. Therefore, investing time in understanding data science is crucial for product managers.

Data-Driven Roadmap Decisions

Customer feedback is valuable, but relying solely on unsolicited feedback may limit your understanding of your customer base. By combining feedback with data analysis, you can gain an objective look at your customers and how they use your product. Data-guided product roadmap decisions allow you to make well-rounded plans that are more likely to be successful. By considering both customer feedback and data insights, you can make data-driven decisions that will benefit your company.

For example, when deciding whether to update an existing feature or add a new one, you can analyze the lifetime value of customers who have requested the update versus those who have asked for a new feature. This analysis can help determine which initiative will be most valuable to your company and monitor its usage and impact on customers.

The Accessibility of Data Science

Gone are the days when data science was limited to math experts and data scientists. With the abundance of data tools available today, anyone can collect, interpret, and apply data insights. You don’t need to be a math person or a data scientist to collect and analyze data effectively.

Thanks to powerful analytics tools equipped with user-friendly interfaces, you can easily collect and present data in a clear format. A basic understanding of statistics and a hands-on approach to learning about data are often sufficient to make smart data-driven decisions. It is not necessary to go back to school or have a Ph.D. in data science to integrate data into your product management process.

Asking the Right Questions

One of the key aspects of data science is asking the right questions. It is not about playing around with data but understanding what kind of questions to ask in order to get the right insights. By asking the right questions, you can uncover valuable information that can drive your product forward.

When working with data, consider the source of your data, whether it represents the population accurately, and if there are any outliers that may affect your analysis. It’s important to understand the assumptions behind your analysis and consider alternative approaches. By critically evaluating your data and questioning the relationship between variables, you can make more informed decisions.


In conclusion, learning data science is crucial for product managers. It provides the tools and knowledge needed to make data-driven decisions and guide product development. With the accessibility of data tools and resources available, anyone can learn to effectively use data in product management. By asking the right questions and analyzing data insights, product managers can make informed decisions that have a positive impact on the company’s success.

Leave a Comment

Your email address will not be published. Required fields are marked *


Upcoming Cohorts of PG Diploma Program

Cohort 17

Starts: 3 Apr’21

Registrations close on 27 Mar’21
Seats Left: 3

Cohort 18

Starts: 20 Apr’21

Registrations close on 16 Apr’21
Seats Lefts: 14

Cohort 19

Starts: 18 May’21

Registrations close on 14 May’21
Seats Lefts: 15

Artificial Intelligence Program


Program Features

  • Learn advanced skills and gain a thorough understanding of modern AI
  • Solve Real world projects in AI
  • Learn to build AI models from the scratch
  • Not a Job Guarantee Program

Great For

  • Working professional in managerial role who want to develop core AI skills to build their career in machine learning and AI
  • Founders & Entrepreneurs who want to learn and apply AI in their own businesses
  • Management Consultants looking to understand the applications of AI across Industries
  • Senior Managers & executives wanting to develop a strategic understanding of applied AI


Upcoming Cohorts of PG Certificate Program

Cohort 17

Starts: 22 Mar’21

Registrations close on 18 Mar’21
Seats Available: 12

Fees: $2499 $1899


Cohort 18

Starts: 20 Apr’21

Registrations close on 16 Apr’21
Seats Left: 14

Fees: $2499 $1899


Cohort 19

Starts: 18 May’21

Registrations close on 14 May’21
Seats Left: 15

Fees: $2499 $1899


Flipped Classroom


Our learners learn by discussing and debating on real-world problems and are actively involved in the solution design process.

Conventional classroom

Sage on Stage

  • A teacher shares the knowledge via live presentations
  • Teachers are at the center of the learning and considered sage on stage
  • Knowledge transfer is one-way and the focus is on knowledge retention
  • Learners don’t get to discuss their ideas or opinions in the class
  • Hence, most learners are unable to apply these concepts in their everyday work life
  • Great for scenarios, where knowledge acquisition and retention is the only focus

Flipped classroom

Guide on side

  • Learners are the center of the universe
  • Classes are meant for healthy discussions and debates on topics
  • Learners go through the material on their own provided by the mentors
  • Mentors work as guide on the side, with the learners
  • Learners develop skills on problem solving, critical thinking and self-learning – the 21st century skills that employers look for
  • Great for scenarios where application skills matter
  • 21st century skills require guide on the side. Simply acquiring knowledge is worthless now.

Launching Soon!

Request Callback


Let us help you guide towards your career path

  • Non-biased career guidance
  • Counseling based on your skills and preference
  • No repetitive calls, only as per convenience

If the calendar is taking time to load you can click on the link below to schedule a call:

Click here to schedule a call