How Project Management Starves Company Growth

Project management is a poor replacement for product management

Joe Procopio
6 min readOct 16, 2023

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There are a lot of different ways for a company to try to reverse the death spiral of slow sales, customer churn, and stagnant growth, but a lot of the cures they dream up only attack the symptoms, not the root cause.

When a company’s growth cycle is stuck and they come to me, we almost always end up diving all the way down into their product development approach, if they have one, and making sure it’s not the problem.

When is it the problem?

When it’s a project management approach.

Project management disguised as product management won’t fix a broken growth cycle. In fact, what it actually does is codify the flaws in the company’s product and processes.

And usually the company doesn’t even realize they’re doing that. Let’s make sure you’re not doing that.

SaaS and the Advent of Modern Product Science

To home in on the difference between product development and project management, and how they get misused, let’s first jump briefly into the history.

I’m going to talk about SaaS, but product science isn’t just about software…

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Joe Procopio
Joe Procopio

Written by Joe Procopio

I'm a multi-exit, multi-failure entrepreneur. AI pioneer. Technologist. Innovator. I write at Inc.com and BuiltIn.com. More about me at joeprocopio.com