Business knowledge is important for any product manager to build product strategies based on what are business needs. The product then helps business achieve specific goals and the outcomes from the effort of product team is what makes the product vaulable for the business. Ofcourse, the way you do it is through customers i.e. you ensure you are providing value to customers, who in turn trusts business to solve their problem and agree to do transactions with them now and in future.
Business data is vast, hence it is important to first understand what it is and then work only for what matters to you as a product manager.
Below you will find the links, which will teach you data and knowledge to be gained from them.
- What is data in business: Understand what it means from the data used in business.
- What is business data: One more article to explain the data.
- Why is data important: Easy to read post to understand why data is needed.
- Data-driven in business: Great examples to explain the concept.
- Data-Driven business with form 10k: see the practical application from where to derive business data and how to use it.
- Data-Driven Company history: Look at company history to understand from where the company is coming from and how things have shaped up so far to ensure you align with what values to embed in your product.
- Making data-driven decisions in business: Look at the video to understand data usage in business.
- From data of business to product decision: Understand how to derive product decisions from deep diving into business data.
- Big data and management: Understand the world of big data and its use in management.
- Business Analysis for dummies: Have a basic understanding of business analysis. This is the beginning of data-driven journey for you.
- Building data driven business with AWS: Learn from amazon experts on what it means data-driven in business.