A new operating model separates long-term product maintenance (handled by Product Owners) from initial development. For new features, a temporary "swarming" team of Program Managers (strategy) and Product Ops (execution/tools) is assembled, creating a flexible, expert-driven approach to innovation.

AI tools are blurring the lines between roles. Vercel SVP Aparna Sinha notes that product managers can now build and test working products, not just prototypes. This allows for hyper-efficient, small teams—sometimes just one person—to achieve the output of a full squad.

Pendo's CPO warns that scaling isn't just about replicating processes for more teams. Leaders must simultaneously build coordination systems (design reviews, clear communication) while fighting to maintain the "maniacal focus on the customer" and rapid innovation that characterize small teams.

The V0 team operates with minimal product management oversight, empowering product-minded engineers (often ex-founders) to make 95% of product decisions directly. This sacrifices potentially "perfect" choices for a dramatic increase in development velocity.

The 'CEO of the product' metaphor is misleading because product managers lack direct authority. A better analogy is 'the glue.' The PM's role is to connect different functions—engineering, sales, marketing—with strategy, data, and user problems to ensure the team works cohesively towards a shared goal.

In an organization still running in project mode, the 'Product Manager' title is misleading. The role is often relegated to organizing work and scheduling tasks for engineering. A true product model requires empowering these roles with the mandate, skills, and market access to make strategic decisions.

To maximize speed, V0 operates with a "no handoffs" philosophy. Everyone, including designers and product managers, is expected to contribute code and submit their own pull requests. This "full-stack PM" model minimizes the coordination costs and wasted cycles of explaining changes.

To manage innovation and stability simultaneously, the company designates teams based on product maturity. 'Pre-PMF' teams have a six-month mandate to ship rapidly to find a market or be cut. 'Post-PMF' teams focus on long-term reliability and testing, creating distinct operational speeds within the organization.

To launch new products and compete with agile startups, embed a small "incubation seller" team directly within the technology organization. This model ensures tight alignment between product, engineering, and the first revenue-generating efforts, mirroring the cross-functional approach of an early-stage company.