The Product Organization
Imagine the human body. It has specialist organs like the brain, heart, liver, and others. Connecting all of them is the central nervous system.
Similarly, the product organization within your company is a bureaucratic decision-making institution that is focused on identifying, digesting, and simplifying complexity so that it can optimize, if not amplify, the business impact of value creators — Technology, Editorial, Data Science — using experiment-driven development.
What product teams do can be summarized in three words:
Why it matters: Invest in a product team when your value creators can’t deliver value to customers.
Shaping Problem: You’ve business goals or problems to solve but aren’t sure what is the best options (ideas) to consider.
Shipping Problem: As the company becomes a behemoth, the complexity grows to a level… where you start feeling that nothing is moving
How does a product team help: Its job is to provide clarity, coherence, and direction to cross-functional teams so everyone is working towards growing specific business metrics. They are responsible for saying NO so most accidental complexity can be removed.
Who: To staff the product organization, you’ll need to hire: Chief Product Officer, Product Manager, Program Manager, Product Analytics Manager, and Product Owner.