Stefan M Schmitz Product Executive
Operating Principles

How I lead product teams.

Thirteen principles distilled from twenty years of building and scaling product organizations.

01Customer Obsession

Effective product leadership begins with a thorough grasp of the customer, the user, and the business issue being addressed. Competitors and market trends matter, but they don't replace genuine customer understanding. The aim is to build customer confidence by solving significant issues.

02Owner Mindset

Product leaders behave as business owners, not roadmap managers. They consider long-term benefits for customers, the organization, and the broader ecosystem, and extend their thinking beyond their specific product area. They don't deflect responsibility behind organizational structures.

03Innovate, Then Simplify

Encourage innovation while demanding simplicity. Lower complexity in the product, the user's experience, the architecture, and how the team operates. Truly innovative products may not be immediately apparent, but pursue ambitious concepts where the customer benefit is obvious.

04Strong Product Judgment

Developed by combining data, customer insights, market awareness, and sensible evaluation. Form definite opinions, but don't be overly attached to your own presumptions. Seek diverse views, rigorously test your reasoning, and actively look for proof you may be wrong.

05Continual Learning

Remain inquisitive about customers, technologies, business approaches, competitors, and market shifts. Be willing to re-evaluate earlier beliefs. Display intellectual humility and foster a learning, experimental, improvement-focused atmosphere within your teams.

06Build Exceptional Teams

Set a high bar for talent. Recruit skilled product managers, identify those with potential, and create paths for advancement. Mentor in strategic thinking, communication, persuasive influence, and decision-making. You're cultivating the next generation of product leaders.

07Insist on High Standards

Maintain exceptionally high standards for product quality, customer experience, ease of use, dependability, and business outcomes. Don't settle for inadequate specs, vague success measurements, substandard work, or easily avoidable flaws.

08Think Big

Formulate a convincing future direction for the product, platform, or business. Don't restrict yourself to small improvements when a larger opportunity is available. Look ahead, anticipate customer needs, and articulate an ambitious path that motivates teams.

09Bias for Action

Recognize the importance of speed. Differentiate between choices needing in-depth study and those that can be made rapidly, tested, and modified. Embrace prudent risk-taking and avoid excessive processes that impede learning, delivery, or customer value.

10Frugality

Achieve more with current resources. Use limitations to force focus, originality, and prioritization. Don't measure success by headcount, budget, or effort. Measure by customer results, business impact, and the standard of delivery.

11Earn Trust

Listen attentively. Be honest in communication. Treat others with respect. Communicate trade-offs, risks, and errors openly. Hold yourself and your teams accountable, benchmark against the best, and remain self-critical even when difficult.

12Disagree and Commit

Respectfully question decisions you disagree with. Bring evidence, conviction, and the courage for difficult dialogues. Don't shy away from disagreement for the sake of harmony. Once a decision is reached, fully support it and commit to its success.

13Deliver Results

Concentrate on what drives outcomes: customer acquisition, retention, happiness, revenue, product quality, strategic advancement. Establish explicit objectives, oversee execution, eliminate obstacles. When challenges arise, adapt, persevere, and remain accountable.