You're a First time CPO! Now What?
Strategic Leadership and Business Acumen 🎯 The role of a chief product officer is not just about the product anymore, it's also about being a steward of the entire business. 📊 Chief product officers in both software and non-software companies need to understand the business side and the technology standpoint to operate effectively. 📊 Identifying and executing a strategy to achieve the most important outcomes for the business is essential for a chief product officer. 🎯 The focus should be on reaching business outcomes through solving customer problems, framing actions in a way that connects back to the business outcome. 🔍 Setting the product strategy is the job of a chief product officer and needs to be a huge part of their focus. 🏆 The key to success as a chief product officer is to connect business strategy with product development and use technology to differentiate and disrupt the industry. 💡 As a CPO, it's crucial to connect product initiatives to the business strategy and enable the entire organization to tell the story from options to visions. 💡 Product operations role is crucial in answering important product strategy questions and should be one of the first hires for a CPO. 🧠 Experience with executive teams, M&A, pricing, packaging, design, and engineering is crucial for product leaders. Collaboration and Trust Building 🤝 Collaborating with the whole rest of the c-suite is crucial for a CPO to be successful. 🤝 Building trust as a CPO is about investing in it and showing up to execute on your job, not just presuming it happens overnight.