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DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Product owners at Revolut are end-to-end responsible for their products, managing teams and defining roadmaps to improve business metrics.

Video

LP

How Revolut trains world-class PMs: The “Local CEO” model, raw intellect & building wow products

@ Lenny's Podcast

How Revolut trains world-class PMs: The “Local CEO” model, raw intellect & building wow products

05/15/25

Related Takeaways

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

At Revolut, every product owner operates like a local CEO, managing cross-functional teams with full ownership and accountability for their projects.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Revolut operates with fully cross-functional teams, where product owners act as line managers, defining what needs to be done while functional managers define how to build it.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Revolut has three types of product owners: UX product owners, technical product owners, and data science product owners, each specializing in different aspects of product development.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

To ensure product quality, Revolut's product teams are encouraged to dive deep into details, often collaborating closely with engineers and understanding the technical aspects of their products.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Revolut maintains a flat organizational structure, allowing product owners to have significant authority and responsibility, akin to local CEOs.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Revolut's product teams are small and lean, allowing for autonomy in decision-making while ensuring that founders maintain oversight without micromanaging.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Revolut's ultra-flat organizational structure allows over 150 product owners to maintain high quality and rapid launch velocity across multiple projects simultaneously.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Internal transfers from other functions, such as operations managers or engineers, often become successful product owners at Revolut due to their existing knowledge and culture fit.

DZ

Dmitry Zlokazov

05/15/25

@ Lenny's Podcast

Revolut's approach to product development emphasizes building 'wow' products that are not only functional but also delightful to users, ensuring a high-quality user experience.