In this episode, Peter Maddison and David Sharrock discuss the qualities to look for when recruiting and selecting the perfect Product Owner (PO). They delve into the nuances between a Product Owner and a Product Manager role, emphasizing the importance of defining the authority and accountability the PO will have. The conversation explores the essential attributes of an excellent PO, including domain knowledge, understanding business models, data-driven decision-making, effective communication skills, and the ability to navigate various stakeholder demands. They also highlight the significance of storytelling and sharing real-life experiences during the interview process as a strong indicator of a high-caliber PO.

This week´s takeaways:

• Clearly outline the level of authority and accountability the PO will have over the product's success, profitability, and decision-making. 
• Look for candidates with relevant domain experience, an understanding of the business models, and the capability to analyze the product's impact on the organization's ecosystem, including costs, revenue, and customer satisfaction.
• During the interview process, pay attention to candidates who naturally share stories and narratives about their experiences, challenges they overcame, and lessons learned. These stories often provide insights into their problem-solving abilities and deep understanding of product ownership.

We love to hear your feedback! If you have questions or would like to suggest a topic related to nurturing exceptional product ownership, feel free to contact us at [email protected].