<ul><li>A product operating model defines how a company structures, funds, and runs its product organisation to effectively deliver business outcomes.</li><li>Key components of a product operating model include product strategy & vision, team structure & roles, funding & governance, decision-making & autonomy, ways of working & execution, and measurement & success metrics.</li><li>Product strategy & vision outline the long-term direction and align efforts with business goals.</li><li>Team structure & roles focus on empowered teams, cross-functional collaboration, and decentralized product management.</li></ul>

6 Must-Know Concepts to Build a Winning Product Operating Model

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