Why would you need a Product Operating Model?

Help me think through how this episode applies to my situation. Start by asking what I am trying to change. Separate the episode's claims from your suggestions, and say when the notes do not support a claim. Use the transcript to find passages, then check the audio before quoting. Transcript: https://yuvalyeret.com/podcast/episodes/why-would-you-need-a-product-operating-model/transcript.md ## Published episode notes In this episode, we explore: * Why organizations need a Product Operating Model * Comparison of POM to traditional agile methodologies * Introduction to the concept of “feature factories” * Discussion on the continuum from activity to outputs to outcomes * The key characteristics of a Product Operating Model Reflection question: Can you identify the dynamics of the feature factory in your organization? About the Navigating the Product Operating Model Landscape Audio Series What You’ll Learn: * Why Agile Feature Factories Fail, and What to Do About It * Assessing Your Current Operating Model, Are You Stuck in Projects? * Principles of Effective Product Operating Models * When does a Product Operating Model make sense? * Making It Real: Mapping Your Trail Toward Transformation Each episode is focused, practical, and designed to help leaders at scale-ups, mid-size, and pragmatic enterprise organizations navigate their product journey. You can find all the episodes here in the Scaling w/ Agility podcast feed. This is for you if you’re: * A Head of Product, Technology, Engineering, or Product Ops, trying to apply or scale product-led practices * Tired of theory or comprehensive perspective frameworks and hungry for real-world strategies that work * Too busy to sit down for training or even watch a video “masterclass” (Webinar in disguise…) and prefer to consume audio podcasts. * Not a fan of 6-figure, inspiring slide decks left behind by expensive consulting firms and product experts. My name is Yuval Yeret. I’m a Product/Scaling coach focused on helping Product and Tech Leaders leverage product/agility principles and practices to deliver more valuable outcomes at scale. I hope you find this audio series useful. I’d love to get your feedback and help you navigate this landscape - https://yuvalyeret.com/work-with-me/figure-out-your-product-operating-model-strategy/ Interested in more of my insights on the Product world? https://yuvalyeret.com/category/blog/product/ To hear more, visit yuvalyeret.substack.com Organizing Around Product Outcomes: Why, When, and How – https://yuvalyeret.com/blog/when-and-why-do-we-need-a-product-operating-model ## Transcript Automatic transcript of the published podcast audio. Recognition errors are possible. Speakers are unlabeled; do not attribute a passage to Yuval or a guest without checking the audio. Episode: https://yuvalyeret.com/scaling-ai-podcast/why-would-you-need-a-product-operating-model/ Source RSS GUID: substack:post:176410407 Source: published Riverside RSS audio enclosure Transcription: faster-whisper base.en, English ## Transcript [00:00:00] You're probably here because you've heard of product operating model in your research. [00:00:04] You've probably seen some work from Marty Kagan, Elisa Perry. [00:00:09] Maybe you've looked at the Scronditorgage of product operating model. [00:00:12] Maybe you've seen a safe executive briefing on product operating model. [00:00:19] Essentially, what product operating models try to be is a model for how the product [00:00:25] organization operates, but how is it different than classic ways of working? [00:00:30] Product operating models focus on the customer centric, focusing on product outcomes, [00:00:37] having empowered teams that can deliver these outcomes, [00:00:40] operating with agility so that you can close feedback loops and deliver fast. [00:00:46] All of these things on the surface should be things that your organization, [00:00:54] if it's invested in being agile or doing agile already, should have figured out by now. [00:01:03] Why do we need a product operating model? Why isn't agile enough? [00:01:08] And that's what I'm going to talk about today. [00:01:13] Essentially, why are we still stuck in a feature factory? [00:01:20] Why are you and your organization still stuck in a feature factory? [00:01:24] What do we mean by a feature factory? We mean a product or engineering or technology organization [00:01:31] that is focused on delivering scope, on delivering features. [00:01:37] That's better than not delivering anything. [00:01:41] A factory is an improvement from the mayhem that we've had before, [00:01:45] where the organization couldn't deliver predictably and there was no trust in its ability to deliver [00:01:53] working products. Feature factories are better. We're able to deliver working stuff. [00:02:00] But a lot of the time, what we see is despite the fact that we deliver things, we're not really [00:02:06] seeing the outcomes. There's this continuum from activity. [00:02:13] Activity isn't that useful, right? We could be fully busy and not generate any useful stuff. [00:02:21] We could start to improve the flow, being more focused, [00:02:28] build quality in and start to deliver outputs. This is the feature factory. [00:02:34] And we could start to focus on outcomes, on delivering features that generate customer outcomes. [00:02:41] A feature factory is disconnected essentially from the outcomes. It doesn't care as much about [00:02:47] the outcomes or struggles to orient around outcomes. As we reach the end of this episode, [00:02:54] a reflection question for you. We talked about feature factory dynamics today. [00:03:04] What are some signs of feature factory dynamics that you're currently seeing [00:03:11] in your organization? ## Source boundary These are the published show notes from the podcast feed. They are a starting point for discussion, not a verbatim record of the conversation. The transcript is machine-generated and may contain errors or unlabeled speakers. Check the audio before quoting anyone.