The Chief Product Officer (CPO) is a rising force in many modern businesses. This is evidenced by the promotion of YouTube’s senior CPO, Neal Mohan, to CEO in March 2021. This shift signifies the growing importance of CPOs in the business world. A recent report from Capgemini and Products That Count takes an in-depth look at the emerging role of CPOs across different industries.
The report found that CPOs are often in charge of business strategies, and they can even suggest mergers and acquisitions. Moreover, they’re increasingly held responsible for business outcomes. HubSpot CEO Yamini Rangan recently discussed the potential revenue opportunities presented by generative AI. Arm is also keeping a close eye on the money, as it is opting to list on the New York Stock Exchange instead of London.
Products That Count is a membership platform designed to help product managers develop and enhance their knowledge and skills. Its report on CPOs provides valuable insights into the changing nature of the role in modern businesses.
As for the companies and people mentioned in the article, HubSpot is a software provider that helps businesses achieve success through its platform. Its CEO, Yamini Rangan, is a veteran in the tech industry and has decades of experience in business, marketing and product innovation. On the other hand, Arm is a British semiconductor design company with regional offices in major cities such as Cambridge, Shanghai, San Jose and Austin. It is known for its architecture that is used in the majority of smartphones, tablets and smart IoT devices.