When your product metrics are declining
When product metrics are down and the CEO is unhappy, a Product Manager should take the following steps:
Look into the reason behind the metrics' decline: Examine the statistics and determine what caused the fall. It might be the result of market shifts, competition, or problems with the product itself.
Get in touch with the CEO: Inform the CEO of the situation, the reasons for the decline, and your plans to solve it. Be open and truthful about the difficulties you are experiencing.
Create a strategy: Based on your analysis, create a strategy to fix the problems and raise the metrics. This can entail adjustments to the product, new marketing tactics, or other steps.
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