Good product managers act as catalysts in organizations, enhancing the ability to create value and deliver successful products valued by customers.They work to loosen constraints and speed up processes without losing their skills or knowledge.While some companies overlook the importance of good product managers, their absence can lead to slower delivery and decreased value creation.Despite the layoffs of product managers, the impact may not be immediately noticeable, but over time, delays and decreased value may become apparent.Product managers can significantly improve the odds of creating successful products quickly and provide a competitive advantage.Misconceptions about the role of product managers and the value they bring can lead to confusion and ineffective management structures.Chasing value rather than speed, product managers play a crucial role in navigating obstacles and driving product success.Factors like job insecurity, return-to-office mandates, and stressful work environments are causing Senior Product Managers to consider quitting.Layoffs in the tech sector have also contributed to this trend, prompting necessary changes in the job market.The word 'manager' in product management signifies the need for effective leadership and strategic decision-making.