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In many companies, Product Managers act almost entirely towards their own self interests (launching innovative products, stamping their name on major initiatives, and generally one-upping each other along the way). Any leaders who push an agenda which would jeopardize their aspirations (like re-architecting cross-product infrastructure, addressing long standing technical issues, or improving customer experience) are quickly squashed by the cabal.

With the right top level executive strategy, Product Management can be leveraged for the greater good and keep the company's products fresh and exciting. However, when left to their own devices, they often shift focus towards their own self-interests to the detriment of their company's overall success.

Microsoft is often the most cited example, largely because of how the culture changed after Bill Gates stepped down from the CEO role.

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