Product management involves diplomacy, getting people to agree on goals, and resolving conflicts.Common sources of stakeholder conflicts include misaligned goals, miscommunication, and technical-business discourse.To address misaligned goals, PMs should have authority over the product roadmap, negotiate compromises, and unify metrics.To tackle miscommunication, create stakeholder maps, provide necessary context, and record decision rationales.To bridge technical-business gaps, focus on value communication, shield technical complexities, and speak stakeholders' language.Balancing agile approaches with predictability requires clear communication, flexibility, and proactive updates on delays.Building trust involves understanding teams' challenges, involving them in decision-making, and owning mistakes.To gain senior stakeholders' trust, think like an executive, set clear expectations, communicate concisely, and deliver results consistently.Effective communication, shared vision, and proactive alignment are key to mitigating conflicts and achieving product success.Understanding stakeholders, building trust, and aligning on goals contribute to smoother stakeholder relationships and successful product management.