Act Like an Owner, Challenge Like a VC

Former CPO of TripAdvisor shares insights on adopting an ownership mindset in Product Management, focusing on profitability, financial acumen, and innovation. Key principles include treating technology as a profit center, strategic investments, stakeholder involvement, and commitment to results. Discussion on setting clear ambitions for innovation, utilizing the Rise score tool, capping investments, and making informed decisions. Importance of balancing short-term gains, near-future initiatives, and future-changing bets. Emphasis on self-awareness, ownership, and challenge in product management, highlighting the responsibilities of being an owner and a venture capitalist.