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 core job of a Product Manager is not writing specs or talking to press; it's a leadership role. Success means getting a product to market that wins. This requires influencing engineering, marketing, and sales without any formal authority, making it the ultimate training ground for real leadership.

In a truly product-led company, the product organization must accept ultimate accountability for business-wide challenges. Issues in sales, marketing, or customer success are not separate functional problems; they are reflections of the product's shortcomings, requiring product leaders to take ownership beyond their immediate domain.

To build trust and deliver value, product managers cannot be 'tourists' who drop in on other departments transactionally. They must become 'locals'—deeply integrated, trusted partners who are regulars in cross-functional conversations and are seen as being 'in the battle' together with sales, marketing, and other teams.

Beyond speaking the same language as developers, an engineering background provides three critical PM skills: understanding architectural trade-offs to build trust, applying systems thinking to break down complex problems into achievable parts, and using root-cause analysis to look beyond user symptoms.

Bending Spoons' product lead argues that the ideal PM background is either entrepreneurial, which teaches focus on impactful work, or deeply analytical, which fosters an understanding of root causes. These two paths provide the core skills needed for product leadership.

Product managers often fail to get ideas funded because they speak about user needs and features, while executives focus on business growth and strategic bets. To succeed, PMs must translate user value into financial impact and business outcomes, effectively speaking the language of leadership.

Frame the product manager not as a feature owner, but as the central communication hub. Their primary function is to connect business, stakeholders, engineering, and design, navigating complex relationships and translating needs across disparate groups.

As AI automates 'hard' product management tasks like data synthesis and spec writing, the role’s value will shift. PMs who thrive will be those who master uniquely human skills like stakeholder influence, creative problem-solving, and critical thinking, which AI cannot yet replicate.