I’ve been a software engineer for years and I’m ready to move into product management, but I don't have any direct experience. What steps can I take to make myself more competitive? Would love to hear from others who made the transition.

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You should look for technical product owner jobs or roles. Build business acumen there and continue shifting toward the business as much as you want.

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Few thoughts.

Easiest would be to begin to attend meetings, even if remote, for the biz & strategy topics. Listen and learn like a sponge. Complement with free materials available from LinkedIn and follow the respective leaders. Leverage AI-sourced materials and begin to noodle with the biz models. Know the key indicators, ask for the product scorecard to get to know how success is measured. If you're open to continuing education consider an MBA. Network, network, network.

smart

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