Alok Patel
Product Management
NY, United States
Skills
Technical Product Management
Management
Management
Management
About
ALOK KR. PATEL's skills align with Communication, Marketing and Public Relations Managers (Communication, Marketing and Public Relations). ALOK KR. PATEL has 10 years of work experience, with 10 years of management experience, including a mid-level position.
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Acomplishments
Spearheaded the development and launch of 2 SaaS products within 1 year, defining product vision, goals, and KPIs, achieving a 25%
ROI in the first quarter, a 15% reduction in initial costs, and a 20% improvement in time-to-market efficiency.
● Collaborated with cross-functional teams to define and align product strategies, roadmaps, and feature prioritization, achieving 100%
stakeholder alignment within the first month and meeting 90% of milestones on time. Improved KPIs by 25% within 6 months.
● Led the development of product requirements and user stories, tracked user experience metrics, conducted A/B testing, and
maintained a user satisfaction score of 85% or higher.
● Rolled out data-driven decision-making processes, increasing the proportion of data-driven decisions by 20% compared to the
previous quarter, and implemented Bunchball (Nitro) to boost user engagement by 70%, while improving customer satisfaction by 15%
in the first quarter through continuous UX/UI enhancements and effective backlog management.
● As a co-founder, owned the product lifecycle management from concept to launch and phasing out across all product lines,
achieving a 15% increase in market penetration for each within 3 months.
● Managed existing products to increase profitability by 35% and determined profit and loss goals for each product.
● Identified and incorporated new product features, resulting in a 40% increase in revenue.
● Conducted comprehensive market analysis for each opportunity, covering market size, growth potential, competitive
landscape, and customer needs, with over 80% coverage
Work Experience
Sr. Product Manager
Digilokta Pvt Ltd
August 2014 - March 2018
- Owned the product lifecycle management, from concept to launch to phasing out, across all product lines by finalizing the concept of the new product within 3 months and achieving 15% increase in market penetration for each Managed existing products increasing profitability by 35% and determining profit and loss goals for each product. Identified opportunities for improvement and incorporated new product features on an ongoing basis that led to increase in revenue by 40%. Conduct thorough market analysis for each identified opportunity, covering factors such as market size, growth potential, competitive landscape, and customer needs, with 80%+ coverage.
Sr. Product Manager
Whet Stones Associates
June 2019 - Present
- Lead the development and successful launch of 2 Software as a Service (SaaS) products within 1 year by defining product vision, goals, and KPIs, achieving 25% in ROI in the first quarter, exceeding industry benchmarks for time-to-market efficiency by 20% and achieving a 15% reduction in estimated initial costs. Collaborate with cross-functional teams to define and align product strategies, roadmaps, competitive analysis, and feature prioritization, achieving 100% alignment among key stakeholders within the first month for each product launch, and achieving 90% of milestones on time and a 25% improvement in KPIs within 6 months. Led product requirements and user story development, tracked user experience metrics, conducted A/B testing, and measured success through KPIs of maintaining a user satisfaction score of 85% or higher. Implement data-driven decision-making processes, resulting in a 20% increase in the proportion of data-driven decisions compared to the previous quarter, leading to more informed product development and launch strategies. Implemented features around rewards and gamification tool Bunchball (Nitro) to enhance user engagement by 70% and maintained a user satisfaction score of 85% or higher through continuous UX/UI improvements and A/B testing. Organized and prioritized product backlog, coaching the team in writing robust user stories and acceptance criteria, leading to continuous improvement, alignment with business goals, and a 15%+ improvement in user story quality Develop and communicate a comprehensive UX/UI strategy and vision aligned with the company's OKRs, brand identity, target audience, and business objectives of increased customer satisfaction by 15% by first quarter.
Sr. Product Manager
Smartmobe Pvt. Ltd
March 2018 - April 2019
- Led the development and successful launch of a sophisticated (SaaS) product for building management systems, achieving a 30% increase in market share within the first 6 months post-launch. Kept scope, budget, and timeline, with no more than a 5% variance, mitigating 90% of product risk by minimizing potential negative impacts, and achieved 90% accuracy in estimation by minimizing discrepancies in timelines and costs. Implemented strategic product development methodologies, achieving 100% product vision, strategy, and roadmap aligned with overall company objectives and resulting in a 25% reduction in time-to-market for the product Collaborated with cross-functional teams to define and achieve key performance indicators for the SaaS product launch, surpassing initial targets by 15% in customer acquisition and retention rates, enhancing product viability and profitability. Monitored, tracked and controlled the outcomes and feedback to resolve the issues, conflicts, dependencies, critical path deliverables and chair the project management team by achieving a project deliverable completion rate of 95%+. Managed the relationships, communications with stakeholders and clients, resources, budget, change, risks and estimations by resource utilization rate of 85%+ to ensure optimal team efficiency. Developed, delivered and determined the frequency of progress reports, proposals, requirements documentation and presentations to various audiences by proposal acceptance rate of 70%. Used feedback to make continuous improvements, with 80%+ of feedback incorporated into subsequent communication materials.
Education
