Product Manager Performance Goals: 49+ Real Examples
OKR goal setting season? Get inspired with these performance goals from real product managers at Facebook, Google, and Amazon. Includes both short-ter...
When it comes to setting annual, semi-annual, or quarterly performance goals, we know how important it is to set SMART goals. If you’re not familiar with SMART goals, these are goals that are:
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Specific
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Measurable
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Actionable
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Relevant
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Time-bound
It’s hard to brainstorm SMART performance goals in a vacuum. We’ve scoured the web for performance goals from real product managers. We’ve hand-picked our favorites to inspire you and your team.
Good luck with goal setting!
Product & Launch Goals for PMs
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Re-launch Google Finance and increase MAUs by xxx% by March
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Develop and launch a co-branded credit card with a projected ARR of $xxxM
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Prioritize backlogs and product roadmaps for the engineering and designs teams
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Own sign-off on all new releases, product strategy, and product offerings
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Deliver new user on-boarding experience to increase new user acquisition and activation by 30% in six months
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Launch Google Wallet card to >xM transactions and $xxx M annualized GMV run rate in less than 1 year
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Productize machine learning team’s pricing and ranking recommendation algorithm to achieve 70% user adoption in the first 3 months
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Launch new product suite to 30+ grocery retail chains, generated 250,000+ downloads, and delivered 7000+ orders to more than 3,000 users.
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Increase settlement rate by 30% by resolving operational inefficiencies.
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Instrument background check integrations to verify thousands of independent contractors, exceeding the goal by 120%
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Launch cloud version of an assessment & administration product with an estimated savings of $30,000 in year 1 and $15,000 in year 2
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Scale tasker app engagement by 10%+ through redesigns and information architecture improvements during a quarter-long effort
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Improve monthly parent account creation by 180% in a quarter
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Increase conversion rate to MQL by 1.5X in a month through better search filters
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Lead an engineering team of 8 people and launch MRC Viewability for Facebook and Instagram, making sure 100% of Facebook ads met MRC standard, saving Facebook over $2B of potential missed revenue
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Development of new features and code stability within the Lead Ads team. Notable project: Store Locator to unlock a new market for Facebook, reduce cost per lead by 32% and increase lead generated by 1.5 times
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Conduct 10 interviews and 30 user feedback surveys to develop company-wide product strategy.
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Create a minimally viable product within 2 weeks to prototype 20 new features
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Design UX/UI for software product
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Work with the executive stack to deliver success metrics and own the upward trends of those metrics including: audience development, product quality, user engagement, social growth, custom execution performance, & organic search growth
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Lead the story generation, requirement development, and prioritization as product owner for 8 components of a single sign-on (SSO) player account platform for 55 million players globally and merged 24 legacy systems into 1 cloud-based system
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Integrate AI into various Microsoft Office products
Growth Goals for PMs
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Grew Microsoft Office usage 3X to ~0.X B MAUs
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Launched two new SKUs, in collaboration with Dropbox and Box, with a projected $xxxM revenue
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Seed the Ad Format Foundation team, grow the team from 1 to 10 people, and improve Facebook Inc ads revenue by over 7%.
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Grow same-day on-demand bookings from nothing to 23% of overall bookings across 20+ metros
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Optimize app store rating from 2.5 -> 4.1 in one month, raise app store category ranking to Top 100
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Increase site traffic by 6%+ through landing page optimization and technical SEO improvement
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Grow SEO traffic by 50% in 18 months
Experimentation Goals for PMs
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Ship multiple experiments resulting in double-digit increases in conversation to purchase, contributing an incremental $1MM in GMV per month
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Strategize and execute 40+ experiments across 8+ marketing channels to drive bookings in the last fiscal year
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Develop impact assessment framework with data scientists to quantify & prioritize high impact ideas which minimize meeting churn
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Lead experiments to support new market expansion. Build 100,000 new listings for thousands of external providers in Texas and partner with sales to convert parent & provider leads. Increase revenue by $XXMM
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Create A/B experimentation infrastructure and processes to increase concurrent tests from <1 to 4+ per month
Planning Goals for PMs
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Lead strategy to define OKRs, product roadmaps and vision for 7 consecutive quarters
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Develop product roadmap and vision to improve user experience on iOS & Android App, Mobile & Desktop Web
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Lead product vision and management of yearlong platform overhaul involving upgrading two internal databases and adding four new APIs for $25MM ARR client base with on-time delivery
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Shift product focus from Edu and consumer to large scale enterprise
Research Goals for PMs
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Head product research for payment tool with the goal of reducing payment time from 5 months to 4-6 days
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Spearhead market research for revising flagship product. Using the research to aim for a new product that will reduce costs by at least 20%.
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Result in a new product that decreased; results led executives to reduce tuition nearly 20% and reduce program length by 12.5%.
Team Goals for PMs
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Collaborate with cross-functional stakeholders in marketing, sales, go-to-market systems, and customer success
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Align cross-functional stakeholders’ expectations on product tradeoffs and prioritization
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Lead CRM implementation and new messaging strategy. Launch new CRM within 45 days
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Negotiate purchase price, services agreement for a new software tool that allows for mobile submission and validation by 3 million users
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Facilitate Scrum & Kanban transformation/coaching for 3 development teams, 1 product team, and 1 system operations team
Leadership Goals for PMs
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Mentor over 20 engineers and product managers of varying levels (IC3 to IC6) across the organization on careers, products, and best practices
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Manage a 25-person PM team
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Serve as the site lead for x00 person NYC PM team
People Goals for PMs
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Conduct over 350 interviews to vet product managers, senior product managers, and PM directors
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Head a business intelligence team, staffed by three junior PMs