Marty Cagan, who held jobs at eBay, AOL, Netscape and HP, describes the most important differences between good and bad product teams.

What I’ve learned is that there is a profound difference between how the very best product companies create technology products, and the rest. And I don’t mean minor differences. Everything from how the leaders behave, to the level of empowerment of teams, to how the organization thinks about funding, staffing and producing products, down to how product, design and engineering collaborate to discover effective solutions for their customers.

http://svpg.com/good-product-team-bad-product-team/