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If you want to be a bad product manager, don’t bother expressing your gratitude. Don’t thank team members and co-workers for doing what they’re paid to do anyways. They shouldn’t get used to being thanked for just doing their job. Don’t thank salespeople for providing feedback from customers. After all, you’re going to use that feedback to make the product better, which will just make their jobs even easier. Don’t thank customers who spend time talking with you. You’ve already given them a cheap t-shirt with your logo on it — what else do they want? They should be honored that you wanted to get their feedback instead of spending time with all those other customers you have. They should be the ones thanking you, right?
If you want to be a good product manager, make sure to express your appreciation on a regular basis. There are a few reasons why you want to thank direct reports, co-workers, partners and customers:
Thanking others and recognizing how much we all depend on support and co-operation makes it far more likely that help will be there when you need it. Those who help others most freely are most likely to be helped in their turn—provided that gratitude as recognized for what it is: a major constituent in the glue that holds together groups of all sizes, from a few friends to society as a whole.
A grateful customer is more likely to overlook future mistakes and stay loyal despite the temptations offered by competitors. A grateful employee is less likely to leave when times get tough. Grateful colleagues pull together. Grateful bosses trust their people more and are trusted more in return.
Saying thank you is not that difficult. It should be more than just a flippant “Thanks!” but does not need to be a detailed speech. Thank the person, tell them why you are thanking them, and tell them how you or the product or the company or anyone benefited from what they did. Here is a simple example: “Joe, I wanted to thank you for catching that bug in the system yesterday. If you hadn’t found it, we would have lost a day of work waiting for a new build. You really saved us a lot of time and it will help the project stay on schedule. Thanks again, I really appreciate it, and I know everyone else does as well.” It can be just as simple as that.
Whether you thank someone verbally, via email, or via a written note (yes, by hand, with pen on paper — writing “real” thank you notes is an important and dying art), the important point is that you are expressing honest and genuine thanks for their behaviors and actions. Expressing real gratitude does not cost anything and it will pay off in dividends for everyone over the long run. To quote Carmine Coyote once more, “Today’s bonus may become tomorrow’s expectation, but genuine gratitude can last for a lifetime.”