The Product Organization
The product organization acts as the central nervous system of the company.
The product organization within your company is a decision-making institution that is focused on identifying, digesting, and simplifying complexity so that it can optimize, if not amplify, the business impact of all other teams — Technology, Editorial, Data Science — using experiment-driven development.
When do you require a product team
Invest in a product team when your value creators can’t deliver value to customers.
Shipping Problem: As the company becomes a behemoth, the complexity grows to a level… where you start feeling that nothing is moving
Shaping Problem: You’ve business goals or problems to solve but aren’t sure what is the best options (ideas) to consider.
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.
- The product organization keeps everyone synced to shape, ship, and track the product.
- They are responsible for saying NO so most accidental complexity can be removed.
How should you structure your product team
To staff the product organization, you’ll need to hire: Chief Product Officer, Product Manager, Program Manager, Product Analytics Manager, and Product Owner.
- A common response is that my organization doesn’t have these roles!
- However, it is unlikely. Someone is performing these tasks, even if they are called something else. Without these functions, a modern technology operation cannot survive.