Beyond vision and roadmaps, a CPO’s fundamental role is to act as a steward of the company's R&D investment. The primary measure of success is the ability to ensure that every dollar spent on development translates into tangible, measurable enterprise value for the business.

To be truly successful, a product leader cannot just focus on features and users. They must operate as the head of their product's business, with a deep understanding of P&Ls, revenue drivers, and capital allocation. Without this business acumen, they risk fundamentally undercutting their product's potential impact and success.

The traditional product management skillset is no longer sufficient for executive leadership. Aspiring CPOs must develop deep expertise in either the commercial aspects of the business (GTM, revenue) or the technical underpinnings of the product to provide differentiated value at the C-suite level.

The "ICCPO" (Individual Contributor Chief Product Officer) model requires leaders to use AI tools to self-serve answers directly from company data. This shifts the executive role from pure delegation to hands-on experimentation, modeling a culture of self-sufficiency and inspiring the team to adopt new tools.

Unlike in big tech where CPOs can be purely visionary, startup CPOs must constantly shift their focus between strategy and execution. This 'pendulum' might swing from 80% strategy in the beginning to 80% execution pre-launch, requiring hands-on leadership to be effective.

When hiring for the C-suite, the importance of domain expertise varies by role. For Chief Product Officers, a deep passion and knowledge of the problem space is critical for setting vision. For engineering leaders (CTOs/VPs), specific domain experience is less important than relevant tech stack knowledge and transformation skills.

AI tools reduce the communication overhead and lengthy handoffs that traditionally separated product and engineering. By streamlining the path from idea to code, AI makes the combined Chief Product and Technology Officer (CPTO) role more viable, enabling a single leader to manage both functions effectively.

At the VP or C-level, a leader's primary role shifts from managing their function to driving overall business success. Their focus becomes more external—customers, market, revenue—and their success is measured by their end-to-end impact on the company, not just their team's performance.

As you move up the product ladder, your strategic time horizon expands. ICs and Directors focus on quarters, VPs on the year, and CPOs must own the 3-5 year vision. Thinking long-term is a core CPO responsibility that no one else in the product organization will own.